<html>

<head>
<title>UNITED STATES</title>

<body>

<p class="MsoNormal" align="center" style="text-align:center;mso-pagination:none;
mso-layout-grid-align:none;text-autospace:none">&nbsp;</p>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><b><font size="5">SECURITIES
AND EXCHANGE COMMISSION</font>

</b></p>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">WASHINGTON,
DC 20549

</p>
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</p>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><b><font size="5">FORM
8-K</font>

</b></p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">&nbsp;

</p>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><b>CURRENT
REPORT PURSUANT

</b></p>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><b>TO
SECTION 13 OR 15(d)

</b></p>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><b>OF
THE

</b></p>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><b>SECURITIES
EXCHANGE ACT OF 1934

</b></p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">&nbsp;

</p>
<p class="MsoNormal" align="center" style="text-autospace: none; margin-top: 0; margin-bottom: 0">
<u>March 12, 2019</u></p>
<p class="MsoNormal" align="center" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 12pt"><font size="2">Date
of report (Date of earliest event reported)</font>

</p>
<p class="MsoNormal" align="center" style="text-align:center;mso-pagination:none;
mso-layout-grid-align:none;text-autospace:none; margin-top:0; margin-bottom:0">
<u><b><font size="5">SHOAL GAMES
LTD.</font>

</b></u></p>
<p class="MsoNormal" align="center" style="text-align: center; mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0"><font size="2">(Exact
Name of Registrant as Specified in Its Charter)</font>

</p>
        <p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">&nbsp;

        </p>
        <p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0" align="center"><b><u>ANGUILLA,
        BRITISH WEST INDIES</u></b>

        </p>
        <p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0" align="center"><font size="2">(State or Other Jurisdiction of Incorporation)</font>

        </p>
        <p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">&nbsp;

        </p>
        <p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0" align="center"><b><u>&nbsp;333-120120-01&nbsp;&nbsp;</u>&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;
        <u>98-0206369</u></b>

        </p>
        <p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0" align="center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font size="2">
        (Commission File
        Number)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        (IRS Employer Identification No.)</font>

        </p>
        <p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">&nbsp;

        </p>
        <p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0" align="center">&nbsp;&nbsp;&nbsp;&nbsp;

        </p>
<p class="MsoNormal" align="center" style="text-align: center; border: medium none; padding: 0cm; margin-top:0; margin-bottom:0">
<b>HANSA BANK BUILDING, GROUND FLOOR, LANDSOME ROAD</b></p>
        <p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0" align="center"><b><u>&nbsp;&nbsp;
		AI 2640, THE VALLEY, ANGUILLA, BRITISH WEST INDIES&nbsp;&nbsp;&nbsp;</u></b>

        </p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0" align="center"><font size="2">(Address of Principal
        Executive Offices)</font>

        </p>
        <p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0">&nbsp;

        </p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0" align="center"><b><u>&nbsp;&nbsp;&nbsp;(888)
374-2163</u></b>

        </p>
        <p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; margin-top: 0; margin-bottom: 0" align="center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        (Registrant's Telephone Number, Including Area Code)</font>

        </p>
<font FACE="Times New Roman" SIZE="2">
<p ALIGN="LEFT">Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the registrant</font>
<font FACE="Times New Roman" SIZE="2">under any of the following provisions (see
General Instruction A.2. below):</p>
<p ALIGN="LEFT">[ ] Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)</p>
<p ALIGN="LEFT">[ ] Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)</p>
<p ALIGN="LEFT">[ ] Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))</p>
<p ALIGN="LEFT">[ ] Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))</p>
</font>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;

</p>

<p class="MsoNormal"><b><u>ITEM 2.01 &nbsp;&nbsp;Completion of
Acquisition of Assets.</u></b></p>
<p class="MsoNormal"><b>ACQUISITION OF ALL OF THE EQUITY
SECURITIES OF KIDOZ LTD.</b></p>
<p class="MsoNormal" style="text-align: justify">On March 4,
2019 the Company, upon receipt of acceptance of the transaction by the TSX
Venture Exchange, completed its acquisition of all of the issued and outstanding
equity securities of Kidoz ("Kidoz") (www.kidoz.net), a privately held Israeli
company engaged in childrens' internet games content distribution and
monetization (the "Kidoz Acquisition"), pursuant to an agreement entered into on
December 28, 2018 (dated for reference December 21, 2018) among the Company,
Kidoz and the holders of all of its equity securities (the "Kidoz
Shareholders"), and subsequently amended on January 18, 2019 and February 28,
2019.&nbsp; In exchange for the acquired Kidoz shares the Company issued to the Kidoz
Shareholders (or, where applicable, a trustee holding for their benefit) a total
of 52,450,286 common shares of the Company.&nbsp; The shares issued to and for the
benefit of the Kidoz Shareholders were issued at a deemed consideration of
U.S.$0.40 each, the same price at which shares were sold under the Concurrent
Financing (see Item 3,02), for a total deemed purchase value of approximately
U.S.$21 million.&nbsp; The shares issued to and for the benefit of the Kidoz
Shareholders are subject to hold periods imposed under the rules and policies of
the TSX Venture Exchange and applicable Canadian securities legislation and are
subject to resale restrictions imposed by the United States Securities Act of
1933 (the "1933 Act").&nbsp; None of the Kidoz Shareholders will, as a result of the
issuance of shares to them or for their benefit in connection with the Kidoz
Acquisition, become an insider, affiliate or control person of the Company.</p>
<p class="MsoNormal" style="text-align: justify">A fee of
U.S.$130,000 was paid to Ibis Capital Ltd., of London, England, for acting as
finder and exclusive financial advisor to Kidoz in connection with the Kidoz
Acquisition.</p>
<p class="MsoNormal" style="text-align: justify">Under the
terms of the Kidoz Acquisition, the Kidoz Shareholders are entitled to have
three persons nominated by them appointed as directors of the Company, and have
nominated Joseph Mandelbaum and Moshe David, former directors of Kidoz, as well
as Eldad Ben Tora, the CEO of Kidoz, for appointment in that capacity, as soon
as all outstanding requirements regarding their respective appointments are
met.&nbsp; In addition, Eldad Ben Tora has been appointed as Co-CEO of the Company.&nbsp;
</p>
<p class="MsoNormal" style="text-align: justify">Kidoz will
operate as a wholly-owned subsidiary of the Company and its current management
and employees will remain with the combined company.</p>
<p class="MsoNormal"><b><u>ITEM 3.02&nbsp;&nbsp; Unregistered Sales of
Equity Securities.</u></b></p>
<p class="MsoNormal"><b>CONCURRENT FINANCING</b>.</p>
<p class="MsoNormal" style="margin-bottom:9.0pt;text-align:justify">Immediately
after the Kidoz Acquisition was closed, the Company closed a Concurrent
Financing private placement 5,000,000 common shares of the Company at a price of
U.S.$0.40 per share, for gross proceeds of U.S.$2.0 million.&nbsp; After the Kidoz
Acquisition (see Item 2.01) and the closing of the Concurrent Financing the
(former) Kidoz Shareholders now beneficially own (on a non-diluted basis) 40% of
the outstanding common shares of the Company.&nbsp; </p>
<p class="MsoNormal" style="margin-bottom:9.0pt;text-align:justify">The shares
issued under the Concurrent Financing are subject to a four-month hold period,
as required under the rules and policies of the TSX Venture Exchange and
applicable Canadian securities legislation, and were offered and sold in
accordance with the requirements of Regulation S made under the 1933 Act, and
are not registered under the 1933 Act.</p>
<p class="MsoNormal" style="text-align: justify">Clubb
Capital Limited, of London, England received a 10% cash commission of
U.S.$200,000 in connection with the Concurrent Financing. </p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;

</p>

<p class="MsoNormal" align="center" style="text-align: center; text-autospace: none">
<b>SIGNATURES </b></p>
<p class="MsoNormal" style="text-autospace: none">Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly
authorized. </p>
<p class="MsoNormal" align="center" style="text-align: center; line-height: 12.0pt; text-autospace: none">
<b>SHOAL GAMES LTD.</b></p>
<p class="MsoNormal" align="center" style="text-align: center; line-height: 12.0pt; text-autospace: none">
(Registrant)</p>
<p class="MsoNormal" style="margin-left:180.0pt;text-indent:36.0pt">
&nbsp;</p>
<p class="MsoNormal" style="margin-left:180.0pt;text-indent:36.0pt">
&nbsp;</p>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">Date : March 12,
2019&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; By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b><u>/s/ J. M. Williams</u></b><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</u></p>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<i>
J.M. WILLIAMS, </i></p>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0"><i>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
President and Director</i></p>

	<p class="MsoHeader" style="text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;

</p>

	<p class="MsoHeader" style="text-align:center"><b>EXHIBIT 10.42</b></p>
	<p class="MsoNormal" align="center" style="text-align: center; text-autospace: none; margin-left: 0cm; margin-right: 0cm; margin-top: 12.0pt; margin-bottom: 18.0pt">
	<b>

	(<u>SECOND AMENDED</u>) SHARE PURCHASE AGREEMENT</b></p>
	<p class="MsoNormal" align="center" style="text-align: center; text-autospace: none; margin-left: 0cm; margin-right: 0cm; margin-top: 12.0pt; margin-bottom: 18.0pt">
	<b>

	BY AND AMONG</b></p>
	<p class="MsoNormal" align="center" style="text-align: center; text-autospace: none; margin-left: 0cm; margin-right: 0cm; margin-top: 12.0pt; margin-bottom: 18.0pt">
	<b>

	Shoal Games LTD.</b></p>
	<p class="MsoNormal" align="center" style="text-align: center; text-autospace: none; margin-left: 0cm; margin-right: 0cm; margin-top: 12.0pt; margin-bottom: 18.0pt">
	<b>

	KIDOZ Ltd.</b></p>
	<p class="MsoNormal" align="center" style="text-align: center; text-autospace: none; margin-left: 0cm; margin-right: 0cm; margin-top: 12.0pt; margin-bottom: 18.0pt">
	<b>

	and</b></p>
	<p class="MsoNormal" align="center" style="text-align: center; text-autospace: none; margin-left: 0cm; margin-right: 0cm; margin-top: 12.0pt; margin-bottom: 18.0pt">
	<b>

	Kidoz Securities Holders</b></p>
	<p class="MsoNormal" align="center" style="text-align: center; text-autospace: none; margin-left: 0cm; margin-right: 0cm; margin-top: 12.0pt; margin-bottom: 18.0pt">
	<b>

	ORIGINALLY ENTERED INTO </b></p>
	<p class="MsoNormal" align="center" style="text-align: center; text-autospace: none; margin-left: 0cm; margin-right: 0cm; margin-top: 12.0pt; margin-bottom: 18.0pt">
	<b>

	EFFECTIVE December 21,
	2018</b></p>
	<p class="MsoNormal" align="center" style="text-align: center; text-autospace: none; margin-left: 0cm; margin-right: 0cm; margin-top: 12.0pt; margin-bottom: 18.0pt">
	<b><u>AS
	AMENDED JANUARY 18, 2019 AND FEBRUARY 28, 2019</u></b></p>
	<p class="MsoNormal" style="text-autospace: none; margin-left: 0cm; margin-right: 0cm; margin-top: 12.0pt; margin-bottom: 18.0pt">
	&nbsp;<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;

</p>

	<p class="MsoNormal" align="center" style="text-align: center; line-height: normal; text-autospace: none; margin-bottom: .0001pt">
	<b><u>
		Table of Contents</u></b></p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 6.0pt">
	<b>
		1.&nbsp;&nbsp;&nbsp;&nbsp; Definitions </b>
		....................................................................................................................
	&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 6.0pt">
	<b>
		2.&nbsp;&nbsp;&nbsp;&nbsp; Share Exchange </b>
		............................................................................................................
	<b>&nbsp;&nbsp;&nbsp; </b>13</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 6.0pt">
	<b>
		3.&nbsp;&nbsp;&nbsp;&nbsp;
		Representations and Warranties of Kidoz </b>.................................................................. <b>&nbsp;&nbsp;&nbsp;
	</b>13<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 6.0pt">
	<b>
		4.&nbsp;&nbsp;&nbsp;&nbsp;
		Representations and Warranties of the Kidoz Securities Holders </b>............................ <b>&nbsp;&nbsp;&nbsp; </b>13<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 6.0pt">
	<b>
		5.&nbsp;&nbsp;&nbsp;&nbsp;
		Representations and Warranties of Shoal Games </b>..................................................... <b>&nbsp;&nbsp;&nbsp; </b>13<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 2.0pt">
	<b>
		6.&nbsp;&nbsp;&nbsp;&nbsp; Covenants and Agreements</b>
	.........................................................................................
	&nbsp;&nbsp;&nbsp; 14</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Operation of Kidoz's Business
	..............................................................................
	&nbsp;&nbsp;&nbsp; 14</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Operation of Shoal Games' Business
	..................................................................... &nbsp;&nbsp;&nbsp; 15</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Standstill
	...............................................................................................................
	&nbsp;&nbsp;&nbsp; 18</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		Companies Registrar
	.............................................................................................
	&nbsp;&nbsp;&nbsp; 18<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Regulatory Approval
	.............................................................................................
	&nbsp;&nbsp;&nbsp; 18</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
	&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	6.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lock-Up Requirement
	..........................................................................................
	&nbsp;&nbsp;&nbsp; 19</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
	&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	6.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Securities Laws
	............................................................................................
	&nbsp;&nbsp;&nbsp; 19</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Facilitation
	............................................................................................................
	&nbsp;&nbsp;&nbsp; 19</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		Disclosure
	............................................................................................................
	&nbsp;&nbsp;&nbsp; 19<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.10&nbsp;&nbsp;&nbsp; Post-Closing Kidoz Board
	....................................................................................
	&nbsp;&nbsp;&nbsp; 19</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.11&nbsp;&nbsp;&nbsp; Post-Closing Shoal Games Board
	.........................................................................
	&nbsp;&nbsp;&nbsp; 19</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.12&nbsp;&nbsp;&nbsp; Post-Closing Shoal Games Advisory Committee
	................................................... &nbsp;&nbsp;&nbsp; 20</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.13&nbsp;&nbsp;&nbsp; Post-Closing Shoal Games Board Actions
	............................................................. &nbsp;&nbsp;&nbsp; 20</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.14&nbsp;&nbsp;&nbsp; Post-Closing Articles of Kidoz
	..............................................................................
	&nbsp;&nbsp;&nbsp; 20</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.15&nbsp;&nbsp;&nbsp; Post-Closing Funding of Kidoz
	.............................................................................
	&nbsp;&nbsp;&nbsp; 21</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.16&nbsp;&nbsp;&nbsp; Post-Closing Securities Regulatory Matters
	........................................................... &nbsp;&nbsp;&nbsp; 21</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.17&nbsp;&nbsp;&nbsp; Indemnification Obligations
	...................................................................................
	&nbsp;&nbsp;&nbsp; 21</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.18&nbsp;&nbsp;&nbsp; D&amp;O Insurance Arrangements
	..............................................................................
	&nbsp;&nbsp;&nbsp; 21</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.19&nbsp;&nbsp;&nbsp; Status Notification
	................................................................................................
	&nbsp;&nbsp;&nbsp; 21</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.20&nbsp;&nbsp;&nbsp; Confidentiality
	.......................................................................................................
	&nbsp;&nbsp;&nbsp; 21</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.21&nbsp;&nbsp;&nbsp; Ibis Capital Liabilities
	............................................................................................
	&nbsp;&nbsp;&nbsp; 21</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.22&nbsp;&nbsp;&nbsp; Rights to Acquire Shoal Games Securities
	............................................................. &nbsp;&nbsp;&nbsp; 22</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 6.0pt">
	&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.23&nbsp;&nbsp;&nbsp; Covenants to Survive
	Closing
	................................................................................
	&nbsp;&nbsp;&nbsp; 22</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 2.0pt">
	<b>
		7.&nbsp;&nbsp;&nbsp;&nbsp;
		Conditions Precedent to Obligations of Shoal Games </b>................................................ &nbsp;&nbsp;&nbsp; 22<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accuracy of Representations
	.................................................................................
	&nbsp;&nbsp;&nbsp; 22</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		Performance of Covenants
	....................................................................................
	&nbsp;&nbsp;&nbsp; 22<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		Regulatory Approvals	...........................................................................................
	&nbsp;&nbsp;&nbsp; 22<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		Deliverables
	..........................................................................................................
	&nbsp;&nbsp;&nbsp; 22<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Employees
	............................................................................................................
	&nbsp;&nbsp;&nbsp; 22</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kidoz Working Capital
	.........................................................................................
	&nbsp;&nbsp;&nbsp; 23</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No Material Adverse Effect
	..................................................................................
	&nbsp;&nbsp;&nbsp; 23</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 3.0pt">
	&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	No restraints
	.......................................................................................................
	&nbsp;&nbsp;&nbsp;&nbsp; 23</p>
<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 3.0pt">
	&nbsp;</p>
<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 3.0pt">
	&nbsp;</p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;

</p>

	<p class="MsoNormal" align="center" style="text-align: center; line-height: normal; text-autospace: none; margin-bottom: 12.0pt">
	<b><u>
		Table of Contents	<b>(continued)</b></p>
	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 2.0pt">
		8.&nbsp;&nbsp;&nbsp;&nbsp;
		Conditions Precedent to Obligations of Kidoz
		............................................................ &nbsp;&nbsp;&nbsp; 23<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accuracy of Representations
	.................................................................................
	&nbsp;&nbsp;&nbsp; 23</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		Performance of Covenants
	....................................................................................
	&nbsp;&nbsp;23<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		Regulatory Approvals	...........................................................................................
	&nbsp; 23<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		Deliverables
		..........................................................................................................&nbsp;
		23</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Employees
	............................................................................................................
	&nbsp;&nbsp;&nbsp; 23</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shoal Games Working Capital
	..............................................................................
	&nbsp;&nbsp;&nbsp; 23</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Concurrent Financing
	............................................................................................
	&nbsp;&nbsp;&nbsp; 23</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Filings
	...................................................................................................................
	&nbsp;&nbsp;&nbsp; 24</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		<u>

		No Material Adverse Effect</u>
		..................................................................................&nbsp;&nbsp;&nbsp;&nbsp;
		24<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 6.0pt">
	&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.10&nbsp;&nbsp;&nbsp;

		No Restraints
	.......................................................................................................
	&nbsp;&nbsp;&nbsp; 24&nbsp;&nbsp;&nbsp;&nbsp;

	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 6.0pt">
	&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.11&nbsp;&nbsp;&nbsp;&nbsp; Tax
	Ruling
	.......................................................................................................&nbsp;&nbsp;&nbsp;&nbsp;
	24 <p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 2.0pt">
	<b>9.&nbsp;&nbsp;&nbsp;&nbsp;
		Conditions Precedent to Obligations of Kidoz
	Securities Holders
		............................ &nbsp;&nbsp;&nbsp; 24</b><p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accuracy of Representations
	.................................................................................
	&nbsp;&nbsp;&nbsp; 24</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		Performance of Covenants
	....................................................................................
	&nbsp;&nbsp;&nbsp; 24<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		Deliverables
	..........................................................................................................
	&nbsp;&nbsp;&nbsp; 24<b><p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b>&nbsp; 9.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		No Material Adverse Effect
	..................................................................................
	&nbsp;&nbsp;&nbsp; 24<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		No Restraints
	.......................................................................................................
	&nbsp;&nbsp;&nbsp; 24<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tax Ruling
	............................................................................................................
	&nbsp;&nbsp;&nbsp; 24</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 6.0pt">
	&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tax Ruling Appeal
	Costs.......................................................................................
	&nbsp;&nbsp;&nbsp; 25</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 2.0pt">
	<b>
		10.&nbsp;&nbsp; Closing </b>
		..........................................................................................................................
	&nbsp;&nbsp;&nbsp; 25</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.1&nbsp;&nbsp;&nbsp;

		Closing
	Arrangements
	...........................................................................................
	&nbsp;&nbsp;&nbsp; 25<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.2&nbsp;&nbsp;&nbsp; Deliveries by Shoal Games
	....................................................................................
	&nbsp;&nbsp;&nbsp; 25</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.3&nbsp;&nbsp;&nbsp; Deliveries by Kidoz
	..............................................................................................
	&nbsp;&nbsp;&nbsp; 27</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 6.0pt">
	&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.4&nbsp;&nbsp;&nbsp; Deliveries by the Kidoz
	Securities Holders
	............................................................ &nbsp;&nbsp;&nbsp; 27</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 2.0pt">
	<b>
		11.&nbsp;&nbsp; Termination </b>
		..................................................................................................................
	&nbsp;&nbsp;&nbsp; 28</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.1&nbsp;&nbsp;&nbsp; By either Kidoz or Shoal Games
	...........................................................................
	&nbsp;&nbsp;&nbsp; 28</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.2&nbsp;&nbsp;&nbsp; By Shoal Games
	...................................................................................................
	&nbsp;&nbsp;&nbsp; 28</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.3&nbsp;&nbsp;&nbsp; By Kidoz
	..............................................................................................................
	&nbsp;&nbsp;&nbsp; 28</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.4&nbsp;&nbsp;&nbsp; End Date
	..............................................................................................................
	&nbsp;&nbsp;&nbsp; 28</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.5&nbsp;&nbsp;&nbsp; Governmental Entity Order or Law
	....................................................................... &nbsp;&nbsp;&nbsp;
	28</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 6.0pt">
	&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.6&nbsp;&nbsp;&nbsp; Survival
	................................................................................................................
	&nbsp;&nbsp;&nbsp; 28</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 2.0pt">
	<b>
		12.&nbsp;&nbsp; Indemnification </b>
		.............................................................................................................
	&nbsp;&nbsp;&nbsp; 28</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.1&nbsp;&nbsp;&nbsp; By Shoal Games
	...................................................................................................
	&nbsp;&nbsp;&nbsp; 28</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.2&nbsp;&nbsp;&nbsp; By Kidoz
	..............................................................................................................
	&nbsp;&nbsp;&nbsp; 28</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.3&nbsp;&nbsp;&nbsp; By the Kidoz Securities Holders
	............................................................................
	&nbsp;&nbsp;&nbsp; 29</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.4&nbsp;&nbsp;&nbsp; Indemnity Procedure
	.............................................................................................
	&nbsp;&nbsp;&nbsp; 29</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 6.0pt">
	&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.5&nbsp;&nbsp;&nbsp; Limitation on Liability
	............................................................................................
	&nbsp;&nbsp;&nbsp; 30</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 2.0pt">
	<b>
		13.&nbsp;&nbsp; Miscellaneous Provisions </b>
		............................................................................................
	&nbsp;&nbsp;&nbsp; 31</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.1&nbsp;&nbsp;&nbsp;
		Amendment
	..........................................................................................................
	&nbsp;&nbsp;&nbsp; 31<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.2&nbsp;&nbsp;&nbsp; Waiver
	.................................................................................................................
	&nbsp;&nbsp;&nbsp; 31</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.3&nbsp;&nbsp;&nbsp; Entire Agreement
	..................................................................................................
	&nbsp;&nbsp;&nbsp; 31</p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;</p>

	<p class="MsoNormal" align="center" style="text-align: center; line-height: normal; text-autospace: none; margin-bottom: 12.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Table of Contents</b>	<b>(continued)</b></p>
	<b><u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;</p>
	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</b>&nbsp; 13.4<b>&nbsp;&nbsp;&nbsp;
	</b>Governing Law; Venue
	.........................................................................................
	&nbsp;&nbsp;&nbsp; 31<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.5&nbsp;&nbsp;&nbsp; Arbitration
	............................................................................................................
	&nbsp;&nbsp;&nbsp; 32</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.6&nbsp;&nbsp;&nbsp;

		Specific Performance; Remedies

	...........................................................................
	&nbsp;&nbsp;&nbsp; 32</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.7&nbsp;&nbsp;&nbsp;
		Enurement
	............................................................................................................
	&nbsp;&nbsp;&nbsp; 32<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.8&nbsp;&nbsp;&nbsp;
		Assignability
	.........................................................................................................
	&nbsp;&nbsp;&nbsp; 32<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.9&nbsp;&nbsp;&nbsp;
		Notices
	................................................................................................................
	&nbsp;&nbsp;&nbsp; 33<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.10&nbsp;
		Severability
	...........................................................................................................
	&nbsp;&nbsp;&nbsp; 33<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.11&nbsp; Construction
	.........................................................................................................
	&nbsp;&nbsp;&nbsp; 34</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 12.0pt">
	&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.12&nbsp; Execution by
	Counterparts
	....................................................................................
	&nbsp;&nbsp;&nbsp; 34</p>
	<b>
	<u>
	<p class="MsoNormal" style="line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
	&nbsp;</p>

</u>

	<p class="MsoNormal" style="line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		SCHEDULE "A"&nbsp;
	-&nbsp;&nbsp; KIDOZ SECURITIES HOLDERS AND SECURITIES HELD </p>
	<p class="MsoNormal" style="line-height: normal; layout-grid-mode: char; margin-bottom: 6.0pt">
		SCHEDULE "B"
	&nbsp;-&nbsp;&nbsp; REPRESENTATIONS AND WARRANTIES OF KIDOZ </p>
	<p class="MsoNormal" style="text-indent: -108.0pt; line-height: normal; layout-grid-mode: char; margin-left: 108.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		SCHEDULE "C"&nbsp;
	-&nbsp;&nbsp; SEPARATE REPRESENTATIONS AND WARRANTIES OF THE KIDOZ SECURITIES HOLDERS
	</p>
	<p class="MsoNormal" style="line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
		SCHEDULE "D"
		&nbsp;-&nbsp;&nbsp; REPRESENTATIONS AND WARRANTIES OF SHOAL GAMES </p>
	<u>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;</p>

	<p class="MsoNormal" align="center" style="text-align: center; line-height: normal; layout-grid-mode: char; margin-bottom: 14.0pt">
	<b><u>
		SHARE PURCHASE AGREEMENT</u></b></p>

</u>

	</b>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 12.0pt">
		This

		Agreement

	entered into as of December 21, 2018, by and among Shoal Games Ltd., a
	public company formed under the laws of Anguilla, the common shares of which
	are listed and posted for trading on the TSX Venture Exchange ("Shoal
	Games"); Kidoz Ltd., a private company formed under the laws of the State of
	Israel ("Kidoz"); and those Persons specified in Schedule "A" attached
	hereto (the "Kidoz Securities Holders") and amended effective January 18,
	2019 and February 28, 2019.</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 12.0pt">
		Certain capitalized terms used in this
		Agreement

	are defined in Section 1 below.</p>
	<u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 12.0pt">
	<b>
		RECITALS</b></p>
	<b>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-bottom: 12.0pt">
		A.&nbsp;&nbsp;&nbsp;&nbsp; </b>

</u>

	&nbsp;A<b>.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </b>&nbsp;Shoal Games is desirous of acquiring
	from the Kidoz Securities Holders all of those Kidoz Shares which are
	currently issued and outstanding and all of those Kidoz Shares which
	hereafter and prior to the time specified in this Agreement for the
	contemplated exchange of shares become issued and outstanding as a result of
	those exercises of Kidoz Share Acquisition Rights specified in this
	Agreement, in exchange for issuance to the Kidoz Securities Holders of
	52,450,286 common shares of Shoal Games (which will, after the issuance
	thereof and the subsequent immediate issuance of 5,000,000 common shares of
	Shoal Games under the Concurrent Financing currently being conducted by
	Shoal Games, constitute 40% of the shares of Shoal Games that are then
	issued and outstanding), on the terms and subject to the conditions set
	forth in this Agreement.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-bottom: 12.0pt">
		B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Each of the Kidoz Securities Holders is
	desirous of transferring and assigning to Shoal Games all of the Kidoz
	Shares which he, she or it currently holds and/or which he, she or it,
	hereafter and prior to the time specified in this Agreement for the
	contemplated exchange of shares, acquires as a result of those exercises of
	Kidoz Share Acquisition Rights specified in this Agreement, in exchange for
	issuance to him, her or it of those of the Shoal Games Exchange Shares
	specified in this Agreement, on the terms and subject to the conditions set
	forth in this Agreement.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-bottom: 12.0pt">
		C.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Those of the Kidoz Securities Holders
	who or which hold Kidoz Convertible Loans are desirous of exercising, prior
	to the time specified in this Agreement for the contemplated exchange of
	Kidoz Shares for Shoal Games Exchange Shares, all of the Kidoz Share
	Acquisition Rights attaching to the Kidoz Convertible Loans.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-bottom: 12.0pt">
		D.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	The Shoal Games&nbsp; Board has: (i)
	determined that this Agreement and the transactions contemplated hereby
	(collectively, the "Transactions") are in the best interests of Shoal Games
	and its shareholders, (ii) approved this Agreement and the Transactions and
	the consummation thereof; and reserved the Shoal Games Exchange Shares for
	issuance pursuant to this Agreement.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-bottom: 12.0pt">
	<b>
	E.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; E.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</b>
	The Kidoz Board has: (i) determined
	that this Agreement and the Transactions are in the best interests of Kidoz,
	(ii) approved this Agreement and the Transactions and all actions required
	to be taken by Kidoz to facilitate the consummation thereof, including with
	respect to the issuances of Kidoz Shares upon those exercises of Kidoz Share
	Acquisition Rights contemplated by and specified in this Agreement.</p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;</p>

	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 12.0pt">
	<b>
	AGREEMENT</b></p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 12.0pt">
		The parties to this Agreement, intending to be legally bound, agree as
	follows:</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char">
	<b>
		Section 1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Definitions</b></p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		1.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	For purposes of this Agreement, the
	following terms shall have the following meanings:</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>1933 Act</b>" means the United States Securities Act of 1933, as
	amended;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>1934 Act</b>" means the United States Securities Exchange Act of 1934,
	as amended;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Agreement</b>" means this agreement, together with the schedules
	attached hereto, as amended, amended and restated or supplemented from time
	to time;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Business Day</b>" means any day other than (i) a Saturday or Sunday or
	(ii) a day on which banks are permitted to close either in Canada or in the
	State of Israel;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.7pt; line-height: normal; layout-grid-mode: char; margin-left: 49.7pt; margin-right:<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: .0001pt">
(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b>&quot;CFPOA&quot; </b>means the Canadian &quot;Corruption of Foreign Public Officials
	Act", as amended;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.7pt; line-height: normal; layout-grid-mode: char; margin-left: 49.7pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Companies Registrar</b>" means the Registrar of Companies of the State
	of Israel;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.7pt; line-height: normal; layout-grid-mode: char; margin-left: 49.7pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Concurrent Financing</b>" means the non-brokered private placement, of
	at least 5,000,000 Shoal Games Shares at price of U.S.$0.40 per share, for
	aggregate proceeds of at least U.S.$2,000,000, currently being made by Shoal
	Games;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.7pt; line-height: normal; layout-grid-mode: char; margin-left: 49.7pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Confidential Information</b>" of any Entity means all non-public or
	proprietary information pertaining to such Entity or its business or its
	Technology or its product(s), including all Trade Secrets, any and all
	information constituting or relating to Intellectual Property Rights,
	product development, price, customer and supplier lists, pricing and
	marketing plans, policies and strategies, details of client and consultant
	contracts, operations methods, product development techniques, business
	acquisition plans or new personnel acquisition plans and all other
	confidential or proprietary information with respect to such Entity and its
	customers and vendors;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.7pt; line-height: normal; layout-grid-mode: char; margin-left: 49.7pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Consent</b>" means any approval, clearance, consent, ratification,
	permission, waiver or authorization (including any Governmental
	Authorization);</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.7pt; line-height: normal; layout-grid-mode: char; margin-left: 49.7pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Contract</b>" means any written, oral or other agreement, arrangement,
	engagement, contract, subcontract, lease, franchise, instrument, note,
	indenture, bond, debenture, option, warranty, purchase order, license,
	sublicense, insurance policy, benefit plan or legally binding commitment,
	undertaking or forbearance of any nature;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.7pt; line-height: normal; layout-grid-mode: char; margin-left: 49.7pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Contractor</b>" means, with respect to any party, a Person who provides
	services to such party pursuant to a Contract, but does not include any
	employee of such party, in that capacity;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.7pt; line-height: normal; layout-grid-mode: char; margin-left: 49.7pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Court</b>" means a court of competent jurisdiction, including, without
	limitation, the Tel-Aviv-Jaffa District Court of the State of Israel and


	the Ontario Superior Court of Justice (Commercial List);</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>EDGAR</b>" means the SEC's Electronic Data Gathering, Analysis, and
	Retrieval system implemented at www.edgar.com;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		&nbsp;</p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;</p>

	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Encumbrance</b>" means any lien, license, covenant, pledge,
	hypothecation, attachment, charge (including any floating charge), mortgage,
	security interest, debenture, encumbrance, claim, infringement,
	interference, option, right of first refusal, preemptive right, community
	property interest or restriction of any nature (including any restriction on
	the voting of any security, any restriction on the transfer of any security
	or other asset, any restriction on the receipt of any income derived from
	any asset, any restriction on the use of any asset and any restriction on
	the possession, exercise or transfer of any other attribute of ownership of
	any asset).</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Entity</b>" means any corporation (including any non-profit
	corporation), general partnership, limited partnership, limited liability
	partnership, joint venture, estate, trust, company (including any private
	company, public company, company limited by shares, limited liability
	company or joint stock company, firm, society or other enterprise,
	association, organization or entity.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Exchange Acceptance</b>" means acceptance by the TSX Venture Exchange of
	all the transactions contemplated in and by this Agreement; </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(q)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>FCPA</b>" means the United States Foreign Corrupt Practices Act of 1977,
	as amended;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(r)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Governmental Entity</b>" means any: (i) nation, state, commonwealth,
	province, territory, county, municipality, district or other jurisdiction of
	any nature; (ii) federal, state, local, municipal, foreign or other
	government; or (iii) United States, Canadian, Israeli or other governmental
	or quasi-governmental authority of any nature (including any governmental
	division, department, agency, commission, registrar, instrumentality,
	office, official, ministry, fund, foundation, center, organization, unit,
	body or Entity and any court or other tribunal);</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(s)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Intellectual Property</b>" means domestic and foreign: (i) patents,
	applications for patents and reissues, divisions, continuations, renewals,
	extensions and continuations-in-part of patents or patent applications; (ii)
	proprietary and nonpublic business information, including inventions
	(whether patentable or not), invention disclosures, improvements,
	discoveries, trade secrets, confidential information, know-how, methods,
	processes, designs, technology, technical data, schematics, formulae and
	customer lists, and documentation relating to any of the foregoing; (iii)
	copyrights, copyright registrations and applications for copyright
	registration; (iv) mask works, mask work registrations and applications for
	mask work registrations; (v) designs, design registrations, design
	registration applications and integrated circuit topographies; (vi) trade
	names, business names, corporate names, domain names, website names and
	world wide web addresses, common law trade-marks, trade-mark registrations,
	trade mark applications, trade dress and logos, and the goodwill associated
	with any of the foregoing; (vii) software; and (viii) any other intellectual
	property and industrial property;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(t)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Intellectual Property Rights</b>" means any and all of the following
	rights (anywhere in the world, whether statutory, common law or otherwise)
	and including where applicable all registrations and applications therefor:
	(a) United States, Israeli and foreign patents and patent applications and
	disclosures relating thereto (and any patents that issue as a result of
	those patent applications), and any renewals, reissues, re-examinations,
	extensions, continuations, continuations-in-part, divisions and
	substitutions relating to any of the patents and patent applications, as
	well as all related foreign patent and patent applications that are
	counterparts to such patents and patent </p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;</p>

	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; applications, (b) United States,
	Israeli and foreign trademarks, trade names, service marks, service names,
	trade dress, logos, slogans, 800 numbers and corporate names, whether
	registered or unregistered, and the goodwill associated therewith, together
	with any registrations and applications for registration thereof, (c) rights
	in works of authorship including any United States, Israeli and foreign
	copyrights and rights under copyrights, whether registered or unregistered,
	including moral rights, and any registrations and applications for
	registration thereof, (d) rights in databases and data collections
	(including knowledge databases, customer lists and customer databases) under
	the laws of the United States, Israel or any other jurisdiction, whether
	registered or unregistered, and any applications for registration therefor,
	(e) trade secrets and other rights in know-how and confidential or
	proprietary information (including any business plans, designs, technical
	data, customer data, financial information, pricing and cost information,
	bills of material, or other similar information), (f) URL and domain name
	registrations, (g) mask work rights, (h) all claims and causes of action
	arising out of or related to infringement or misappropriation of any of the
	foregoing, and (i) other similar proprietary or intellectual property rights
	now known;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(u)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Israeli Companies Law</b>" means the Israeli Companies Law, 5759-1999
	(including those portions of the Israeli Companies Ordinance [New Version]
	5743-1983 that continue to be in effect);</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Israeli GAAP</b>" means Israeli generally accepted accounting
	principles;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(w)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Kidoz</b>" means Kidoz Ltd., a private company established in Israel,
	registered at the Companies Registrar and existing under the Israeli
	Companies Law;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Kidoz Board</b>" means the board of directors of Kidoz;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(y)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Kidoz Business</b>" means the business(es) in which Kidoz is currently
	engaged, as the same are currently being conducted;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(z)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Kidoz Convertible Loans</b>" means the loans made to Kidoz during
	December 2017 by Lool Ventures Limited Partnership, Aryeh Mergi and Dov
	Moran for a total principal amount of US$250,000, the obligations of Kidoz
	under which are convertible into Kidoz Preferred Shares in the manner
	specified in the loan agreement(s) documenting the same;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(aa)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Kidoz Data Room</b>" means the electronic data room made accessible by
	Kidoz to Shoal Games and Shoal Games' Representatives in connection with the
	conduct by Shoal Games of its due diligence on Kidoz hosted by Google Drive,
	as the same was constituted on the date of execution of this Agreement;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(bb)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Kidoz Employee Stock Option Plan</b>" or "<b>Kidoz ESOP</b>" means the
	(Israeli) employee incentive plan known as "The 2015 Incentive Option Plan"
	of Kidoz Ltd.;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(cc)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Kidoz Financial Statements</b>" means the audited comparative financial
	statements of Kidoz for the years ending December 31, 2014 (with
	comparatives to 2103), December 31, 2015, December 31, 2016, and December
	31, 2017, each audited by Sarid Shani, Certified Public Accountants
	(Israel);</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(dd)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Kidoz Intellectual Property Rights</b>" means any and all Intellectual
	Property Rights that are or have been owned or purported to be owned by, or
	licensed to, Kidoz;</p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;</p>

	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(ee)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Kidoz IP</b>" means the Kidoz Intellectual Property Rights and the Kidoz
	Technology;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(ff)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Kidoz Key Employees</b>" means Eldad Ben Tora;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
	(gg)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	"<b>Kidoz Line of Credit</b>"
	means the
		1,000,000
	NIS line of credit provided to Kidoz by
	Bank
		Leumi;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(hh)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Kidoz Material Contracts</b>" means and includes all Contracts of Kidoz
	which are Material Contracts;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Kidoz Options</b>" means options to acquire Kidoz Shares issued by Kidoz
	pursuant to or governed by the Kidoz Employee Stock Option Plan,
	whether or not vested;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(jj)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Kidoz Ordinary Shares</b>" means the Ordinary shares, nominal value NIS
	0.01 per share, in the capital of Kidoz;
	</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(kk)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Kidoz Preferred Shares</b>" means the Series A Preferred shares, nominal
	value NIS 0.01 per share, in the capital of Kidoz, each with such specific
	and differentiating rights of conversion to Kidoz Ordinary Shares as may
	have been or may hereafter be attached thereto at the time of issuance
	thereof;
	</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(ll)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Kidoz Securities Holders</b>" means those Persons listed in Schedule "A"
	to this Agreement, and "<b>Kidoz Securities Holder</b>" means any one of
	them;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(mm)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Kidoz Share Acquisition Rights</b>" means, at any particular time, all
	those rights to acquire Kidoz Shares which are outstanding at such time,
	including rights under Kidoz Options and under the Kidoz Convertible Loans;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(nn)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Kidoz Shares</b>" means the Kidoz Ordinary Shares and the Kidoz
	Preferred Shares;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(oo)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Kidoz Software</b>" means all (a) computer programs, operating systems,
	applications systems, firmware, microcode, or software code of any nature,
	whether operational or under development, including software implementations
	of algorithms, models, rule, definitions, methodologies, source code, object
	code, RTL code, Gerber files, GDSII files, executable code, data files,
	libraries, frameworks, software development kits, application programming
	interfaces, subroutines and other components thereof; (b) computerized
	Databases and other computerized compilations and collections of data or
	information, including all data and information included in such Databases,
	compilations or collections; (c) screens, user interfaces, command
	structures, report formats, templates, menus, buttons and icons related to
	any of the foregoing; (d) descriptions, flow-charts, architectures,
	development tools, and other materials used to design, plan, organize and
	develop any of the foregoing; and (e) all documentation, including
	development, diagnostic, support, user and training documentation related to
	any of the foregoing;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(pp)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Kidoz Technology</b>" means any and all Technology that is or has been
	owned or purported to be owned by, or licensed to, Kidoz;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(qq)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Kidoz Working Capital</b>" at any specified time shall mean and be the
	sum of: (i) the amount which Kidoz has on deposit at such time in its bank
	account(s), with any amount on deposit denominated in NIS or the currency of
	any other non-U.S. country or monetary union being converted to United
	States dollars at the rate then publicly quoted by Kidoz's principal bank
	for the purchase of such amount with United States </p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;</p>

	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; dollars, and (ii) the
	amount of the accounts receivable of Kidoz at such time, determined in
	accordance with Israeli GAAP, with any amount receivable denominated in NIS
	or the currency of any other non-U.S. country or monetary union being
	converted to United States dollars at the rate then publicly quoted by
	Kidoz' principal bank for the purchase of the amount thereof with United
	States dollars; minus the liabilities of Kidoz at such time, determined in
	accordance with Israeli GAAP but not including any absolute or contingent
	liability to any investment banker in connection with the transactions
	contemplated herein, with the amount of any liability denominated in NIS or
	the currency of any other non-U.S. country or monetary union being converted
	at the rate then publicly quoted by Kidoz' principal bank for the purchase
	of the amount thereof with United States dollars;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(rr)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Knowledge</b>" of any party means the actual knowledge of such party and
	with respect to a corporate party is deemed to include the actual knowledge
	of each executive officer and director of that party;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(ss)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Laws</b>" means all laws, by-laws, statutes, rules, regulations, orders,
	ordinances, protocols, codes, guidelines, instruments, policies, notices,
	directions and judgments or other requirements of any Governmental Entity,
	including Securities Laws, and "<b>Law</b>" means any one of such Laws, and
	the term "<b>applicable</b>" with respect to such Laws and in a context that
	refers to one or more Persons, means such Laws as are applicable to such
	Person or its business, undertaking, assets, property or securities and
	emanate from a Person having jurisdiction over the Person or Persons or its
	or their business, undertaking, assets, property or securities;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(tt)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Legal Proceeding</b>" means any action, suit, litigation, arbitration,
	proceeding (including any civil, criminal, administrative, investigative or
	appellate proceeding), hearing, inquiry, audit, examination or investigation
	commenced, brought, conducted or heard by or before, or otherwise involving,
	any court or other Governmental Entity or any arbitrator or arbitration
	panel (whether in the United States, Canada, Israel or elsewhere);</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(uu)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Legal Requirement</b>" or "Law" means any United States, Canadian,
	Israeli or other federal, state, local, municipal or foreign law, statute,
	constitution, principle of common law, resolution, ordinance, code, edict,
	decree, rule, regulation, ruling, collective bargaining agreement, extension
	order or requirement issued, enacted, adopted, promulgated, implemented or
	otherwise put into effect by or under the authority of any Governmental Body
	(or under the authority of the TSX Venture Exchange), including any
	qualification, criterion, requirement or condition promulgated, stipulated
	or set forth in any Governmental Grant or in any certificate of approval for
	any Governmental Grant;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(vv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>LOI</b>" means the letter of interest executed by Shoal Games and Kidoz
	dated October 23, 2018;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(ww)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Losses</b>" means costs, losses, damages and expenses, of whatever
	nature or kind;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(xx)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		An event, violation, inaccuracy, circumstance or other matter, or series of
	related events, violations, inaccuracies, circumstances or other matters (a
	"Change"), will be deemed to have a "<b>Material Adverse Effect</b>" on a
	Person if such Change, individually or in the aggregate, and regardless of
	whether or not such Change constitutes a breach of the representations or
	warranties made by such Person in this </p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;</p>

	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Agreement, has had, is or would
	reasonably be expected to have, a material adverse effect on the business,
	financial condition, capitalization, assets, liabilities, operations or
	financial performance of such Person, taken as a whole; provided, however,
	that none of the following Changes shall be deemed to constitute, and that
	none of the following Changes shall be taken into account in determining
	whether there has been or would reasonably be expected to be, a Material
	Adverse Effect on any Person: (i) changes in U.S. GAAP or Israeli GAAP or
	any Legal Requirements (or any interpretations thereof), occurring after the
	date hereof applicable to such Person, (ii) any acts of terrorism or war or
	any weather related event, fire or natural disaster, in such jurisdictions
	in which such Person has substantial operations, (iii) compliance with the
	terms of, the taking of any action required or the failure to take any
	action prohibited by this Agreement or the taking of any action consented to
	or requested in writing by the other parties to this Agreement, (iv) any
	failure by such Person to meet internal, analysts or published projections,
	forecasts, performance measures, operating statistics or revenue or earnings
	predictions for any period (but in each case excluding any of the underlying
	reasons for, factors contributing to, or results of, any such changes, which
	may be taken into consideration in the determination of a "Material Adverse
	Effect"), (v) the announcement of the execution of this Agreement (including
	the threatened or actual impact on relationships of such Person with
	customers, vendors, suppliers, distributors, landlords or employees), (vi)
	changes in the industries or in the markets or legal or regulatory
	environment in which such Person operates generally, or (vii) changes in
	general economic or political conditions or the applicable capital markets,
	or financial credit in general (including prevailing interest rates,
	exchange rates and stock market levels) (except, in each case of subsections
	(i), (ii), (vi) and (vii), if such Person is materially disproportionately
	affected in an adverse manner as compared to other participants in the
	industries in which such Person participates);</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(yy)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Material Contract</b>" means, in respect of any Person, any Contract to
	which such Person is a party or by the assets of such Person are bound
	which, if terminated, breached or not renewed would or would reasonably be
	expected to have a Material Adverse Effect with respect to such Person;
	</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(zz)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Money Laundering Laws</b>"&nbsp; means all money laundering statutes of all
	applicable jurisdictions, the rules and regulations thereunder and any
	related or similar rules, regulations or guidelines, issued, administered or
	enforced by any applicable Governmental Entity, including the Israeli
	Prohibition on Money Laundering Law 5760-2000 and the USA PATRIOT Act,
	collectively;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(aaa)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>New Kidoz Certificates</b>" means the certificates representing the
	Kidoz Shares to be sold, assigned and transferred to and held by Shoal
	Games;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(bbb)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>NIS</b>" means New Israeli Shekels;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(ccc)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Non-Arm's Length Agreement</b>" means, with respect to any party, any
	Contract between such party and any Person with whom such party is not, at
	the applicable time, dealing at arm's length (within the meaning of such Law
	or Laws as may be applicable to the determination thereof), excluding, for
	greater certainty, any employment or similar service agreements entered into
	in the ordinary course;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(ddd)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>OFAC</b>" means the United States Treasury Department's Office of
	Foreign Assets Control;</p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;</p>

	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(eee)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Old Kidoz Certificates</b>" means the certificates representing the
	Kidoz Shares as held by the
		Kidoz Securities Holders at the Share Exchange Time;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(fff)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Person</b>" means an individual, partnership, association, body
	corporate, limited partnership, a trust, a trustee, executor, administrator
	or other legal personal representative, a syndicate, a joint venture,
	government (including any Governmental Entity) or any other Entity, whether
	or not having legal status;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(ggg)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Pre-Closing Period</b>" means the period commencing on the date of this
	Agreement and ending immediately prior to the Share Exchange Time;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(hhh)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Regulatory Approvals</b>" means all third party approvals required in
	order for all of the transactions contemplated hereby to be carried out,
	including without limitation, all required approvals of the Exchange and the
	Exchange Acceptance;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Regulatory Authority</b>" means any supranational, national, federal,
	state, regional, tribal, provincial, local or municipal administrative,
	judicial, legislative, executive, regulatory, police or taxing government or
	governmental or quasi-governmental authority of any nature, including any
	agency, branch, bureau, department, commission, official or entity, or any
	court, arbitrator or other tribunal, whether domestic or foreign, and
	including without limitation, the TSX Venture Exchange;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(jjj)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Replacement Options</b>" has the meaning ascribed to that term in the
	Plan of Arrangement;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(kkk)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Representatives</b>" means and includes officers, directors, employees,
	agents, attorneys, accountants and advisors;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(lll)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>SEC</b>" means the United States Securities and Exchange Commission;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(mmm)&nbsp;&nbsp;

	"<b>Securities Authorities</b>" means collectively, the SEC, the Israeli
	Securities Agency, the Ontario Securities Commission, the British Columbia
	Securities Commission, any other securities Regulatory Authority in a
	province or territory of Canada which may be applicable, and
	the TSX Venture Exchange;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(nnn)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Securities Laws</b>" means the 1933 Act, the 1934 Act, any applicable
	U.S. state securities Laws,
	the Israeli Securities Law, 1968, as amended,

	the Securities Act (Ontario), the Securities Act (British Columbia) and any
	other applicable securities Laws of a province or territory of Canada, as
	amended
		and all rules and regulations promulgated thereunder, as amended, and the
	rules and regulations of the SEC, the Israeli Securities Agency and the TSX
	Venture Exchange;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(ooo)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>SEDAR</b>" means the System for Electronic Data Analysis and Retrieval
	implemented at www.sedar.com;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(ppp)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Share Exchange Time</b>" means the earliest time during the Closing at
	which all of the preliminary actions required to have been taken by Kidoz
	and the Kidoz Securities Holders to enable the exchange of shares
	contemplated in Section 2.01 hereof to be effected have been taken;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(qqq)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Shoal Games</b>" means Shoal Games Ltd., a company existing under the
	Anguilla International Business Corporations Act;</p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;</p>

	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(rrr)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Shoal Games Board</b>" means the board of directors of Shoal Games;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(sss)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Shoal Games Data Room</b>" means the electronic data room made
	accessible by Shoal Games to Kidoz and Kidoz's Representatives in connection
	with the conduct by Shoal Games of its due diligence on Kidoz hosted by
	Google Drive, as the same was constituted on the date of execution of this
	Agreement;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(ttt)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Shoal Games Exchange Shares</b>" means the
		52,450,286

	Shoal Games Shares which are to be issued to the Kidoz Securities Holders
	pursuant to Section 2.1 of this Agreement;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(uuu)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Shoal Games Filings</b>" means all documents publicly filed under the
	profile(s) of Shoal Games on EDGAR and SEDAR;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(vvv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Shoal Games Financial Statements</b>" means all financial statements of
	Shoal Games included in the Shoal Games Filings;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(www)&nbsp;&nbsp;

	"<b>Shoal Games Group</b>" means Shoal Games and the Subsidiaries of Shoal
	Games or any combination of such Persons;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(xxx)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Shoal Games IP</b>" means any and all Intellectual Property Rights that
	are or have been owned or purported to be owned by,
	or licensed to, Shoal Game or any other member of the Shoal Games Group. and
	all Technology that is or has been owned or purported to be owned by, or
	licensed to, Shoal Games or any other member of the Shoal Games Group;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(yyy)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Shoal Games Key Employees</b>" means Tryon M. Williams (Executive
	Chairman) and Jason M. Williams (CEO), each of whose services is provided by
	a management corporation);</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">

	(zzz)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Shoal Games Material Contract</b>" means a Contract of Shoal Games or of
	any other member of the Shoal Games Group which is a Material Contract of
	Shoal Games or such member of the Shoal Games Group;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(aaaa)&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Shoal Games Options</b>" means options to purchase Shoal Games Shares
	issued pursuant to or governed by the Shoal Games Stock Option Plan;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(bbbb)&nbsp;&nbsp;
		"<b>Shoal Games Shares</b>" mean the common shares without par value in the
	capital of Shoal Games;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(cccc)&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Shoal Games Stock Option Plan</b>" means the 10% "rolling" stock option
	plan implemented by Shoal Games effective July 2, 2015 and approved by the
	TSX Venture Exchange;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(dddd)&nbsp;&nbsp;

	"<b>Shoal Games Working Capital</b>" at any specified time shall mean and be
	the current assets of Shoal Games at such time, determined in accordance
	with U.S. GAAP applied consistent with prior financial reporting periods but
	not including such aggregate net amount as Shoal Games may theretofore have
	received under the Concurrent Financing minus the current liabilities of
	Shoal Games at such time, determined in accordance with U.S. GAAP applied
	consistent with prior financial reporting periods; </p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;</p>

	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(eeee)&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Subsidiary</b>" means, with respect to a Person, any Entity, whether
	incorporated or unincorporated: (i) of which such Person or any other
	subsidiary of such Person is a general partner; or (ii) at least a majority
	of the securities or other interests of which having by their terms ordinary
	voting power to elect a majority of the board of directors or other Persons
	performing similar functions with respect to such corporation or other
	organization is directly or indirectly owned or controlled by such Person
	and/or by any one or more of its subsidiaries; and shall include any body
	corporate, partnership, joint venture or other entity over which it
	exercises direction or control.&nbsp; For purposes of this definition, "control"
	when used with respect to any Person means the power to direct the
	management and policies of such Person, directly or indirectly, whether
	through the ownership of voting securities, by contract or otherwise;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(ffff)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Tax Returns</b>" means all returns, schedules, elections, declarations,
	reports, information returns, notices, forms, statements and other documents
	made, prepared or filed with any Governmental Entity or required to be made,
	prepared or filed with any Governmental Entity relating to Taxes;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(gggg)&nbsp;&nbsp;&nbsp;&nbsp;


	"<b>Tax</b>" and "<b>Taxes</b>"
		means (i) any and all taxes, customs, duties, tariffs, imposts, charges,
	deficiencies, assessments, levies or other like governmental charges,
	including, without limitation, income, gross receipts, excise, real or
	personal property, ad valorem, value added, estimated, alternative minimum,
	stamp, sales, withholding, social security, occupation, use, service,
	service use, license, net worth, payroll, franchise, transfer, national
	health insurance, severance and recording taxes and charges, imposed by any
	Governmental Entity with taxing authority and such term shall include any
	interest, fines, penalties, linkage differentials (hefreshei hatzmada) or
	additional amounts attributable to, or imposed upon, or with respect to, any
	such amounts, if any, whether disputed or not; and (ii) any liability for
	the payment of any amounts of the type described in clause (i) as a result
	of being or having been a member of an affiliated, consolidated, combined,
	unitary or similar group for any period (including any arrangement or group
	or consortium relief or similar arrangement);</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(hhhh)&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Technology</b>" means any and all of the following tangible embodiments
	of Intellectual Property Rights, in any form or media:&nbsp; diagrams, inventions
	(whether or not patentable), invention disclosures, know-how, ideas,
	methods, software, network configurations and architectures, proprietary
	information, protocols, schematics, design information, bills of material,
	build instructions, tooling requirements, manufacturing processes,
	specifications, technical data, software code (in any form, including source
	code and executable or object code), build scripts, test scripts,
	algorithms, APIs, subroutines, techniques, user interfaces, IP cores, net
	lists, photomasks, lab notebooks, packaging and other specifications,
	verification tools, development tools, test reports, domain names, web
	sites, works of authorship, documentation (including instruction manuals,
	samples, studies, and summaries), databases and data collections or any
	other form of technology;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(iiii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Trademarks</b>" means unregistered and registered trademarks, trade
	names, service marks, service names, common law trademarks and service
	marks, trade dress and logos, trade names, business names, corporate names,
	product names, source or business identifiers, collective membership marks,
	certification marks, slogans, 800 numbers, social media pages or
	designations, hash tags and other forms of indicia or </p>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;</p>

	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; origin, whether or not registrable as a trademark in any given jurisdiction, and the goodwill
	associated with any of the foregoing and any renewals and extensions of any
	of the foregoing;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(jjjj)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>Trade Secrets</b>" means information and materials not generally known
	to the public, including confidential and proprietary information, whether
	oral or written, and include ideas, designs, concepts, compilations of
	information, methods, techniques, procedures, processes and other know-how,
	whether or not patentable, of any nature in any form, including all
	writings, memoranda, copies, reports, papers, surveys, analyses, drawings,
	letters, computer printouts, computer programs, computer applications,
	specifications, business methods, business processes, business techniques,
	business plans, data (including customer data), graphs, charts, sound
	recordings or pictorial reproductions, that (a) derive independent economic
	value, actual or potential, from not being generally known to the public or
	to other Persons who can obtain economic value from its disclosure or use
	and (b) are the subject of efforts to maintain their secrecy;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(kkkk)&nbsp;&nbsp;
		"<b>U.S. GAAP</b>" means United States generally accepted accounting
	principles;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(llll)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>United States</b>" means the United States of America, its territories
	and possessions;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt">
		(mmmm)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		"<b>U.S.</b>" means United States; and</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -49.5pt; line-height: normal; layout-grid-mode: char; margin-left: 49.5pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 18.0pt">
		(nnnn)&nbsp;&nbsp;&nbsp;&nbsp;

		&quot;<b>USA PATRIOT Act</b>&quot; means the United States &quot;Uniting and Strengthening
	America by Providing Appropriate Tools Required to Intercept and Obstruct
	Terrorism Act of 2001&quot;, as amended.</p>
	<p class="MsoNormal">
1.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>
	<u>

		Other Terms</u></b>.
	&nbsp;In addition to the terms defined in Section 1.1, the following terms are
	defined in the Sections of or Schedules to this Agreement noted below:</p>
	<u>
	<b>
	<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse" id="table4">
		<tr style="height: 28.8pt">
			<td width="55%" valign="bottom" style="width: 55.58%; height: 28.8pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0cm">
			<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0cm;margin-bottom:
  10.0pt;margin-left:9.35pt"><b>Defined Term</b></td>
			<td width="2%" valign="bottom" style="width: 2.5%; height: 28.8pt; padding: 0cm">
			<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0cm;margin-bottom:
  10.0pt;margin-left:9.35pt">&nbsp;</td>
			<td width="41%" valign="bottom" style="width: 41.92%; height: 28.8pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0cm">
			<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0cm;margin-bottom:
  10.0pt;margin-left:9.35pt"><b>Section</b></td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Anti-Corruption Laws</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Schedule "B" at (bb)</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
			Basket</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Section 12.5(d)</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm; background: #CCECFF">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
			Charter Documents</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm; background: #CCECFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
			&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm; background: #CCECFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
			Schedule "B" at (h)</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
			Closing Date</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Section 10.1</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm; background: #CCECFF">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
			Contractors</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm; background: #CCECFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm; background: #CCECFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Schedule "B" at (c)(iv)</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
			D&amp;O Insurance</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Section 6.18</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">

			End Date</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Section 11.4</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">

			Indemnified Party</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Section 12.4</p>
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">

			Indemnifying Party</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Section 12.4</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">

			Invention Assignment Agreements</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Schedule "B" at (z)(iv)</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">

			Kidoz 2018 Statement of Cash Flows</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Schedule "B" at (n)(ii)</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">

			Kidoz IP</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Schedule "B" at (z)(i)</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">

			Kidoz Premises Lease</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Schedule "B" at (w)(i)</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">

			Kidoz Representations</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Section 12.2</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
			Kidoz Securities Holders
			Representations</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Section 12.3</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
			Party</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Section 13.11(g)</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">

			Rule 144</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Schedule "D" at (h)(ii)(B)</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">

			Shoal Games Premises Leases</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Schedule "D" at (x)(i)</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">

			VAT</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm; background: #CCEEFF">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Schedule "B" at (v)(viii)</td>
		</tr>
		<tr style="height: 27.35pt">
			<td width="55%" style="width: 55.58%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="text-align: justify; layout-grid-mode: char; margin-left: 9.0pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
			Warranting Shareholder</td>
			<td width="2%" valign="top" style="width: 2.5%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						&nbsp;</td>
			<td width="41%" valign="top" style="width: 41.92%; height: 27.35pt; padding: 0cm">
			<p class="MsoNormal" style="layout-grid-mode: char; margin-left: 7.2pt; margin-right: 0cm; margin-top: 6.0pt; margin-bottom: 8.0pt">
						Schedule "C" at preamble</td>
		</tr>
	</table>
	<p class="ListParagraph" style="text-align: justify; text-indent: -77.95pt; line-height: normal; layout-grid-mode: char; margin-left: 77.95pt">
	<b>
	Section 2.&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		Share Exchange</b></p>
	</b>

</u>

	<p class="Z2" style="text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 10.0pt">
	2.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	Upon and subject to the terms and conditions of this Agreement, at
	the Share Exchange Time, each of the Kidoz Securities Holders shall sell,
	assign and transfer to Shoal Games, and Shoal Games shall purchase from each
	of the Kidoz Securities Holders, all right, title and interest in and to
	those Kidoz Shares then held by each of them, which together shall
	constitute all of the equity securities of Kidoz which are then issued and
	outstanding, and, in consideration therefor, Shoal Games shall issue to such
	trustee as shall be specified by each of the Kidoz Securities Holders who or
	which is specified in Schedule "A" as being a tax resident of Israel or as
	holding Kidoz Shares for a beneficiary who is a tax resident of Israel and
	to each of the other Kidoz Securities Holders themselves that number of
	Shoal Games Shares determined by multiplying 52,450,286
	by a fraction, the numerator of which is
	equal to the sum of the number of Kidoz Ordinary Shares that are held by the
	applicable Kidoz Securities Holder at the Share Exchange Time and the number
	of further Kidoz Ordinary Shares, if any, that would be held by the
	applicable Kidoz Securities Holder at the Share Exchange Time if all of the
	conversion rights attaching to all of the Kidoz Shares then held by that
	Kidoz Securities Holder, if any, were exercised and the denominator of which
	is equal to the total number of Kidoz Ordinary Shares that would be issued
	and outstanding at the Share Exchange Time if all of the conversion rights
	attaching to all of the Kidoz Shares then issued and outstanding were
	exercised, rounded down to the nearest whole number of shares, in each
	applicable case to be held by the trustee specified for the benefit of the
	applicable Kidoz Securities Holder or specified current beneficiary. </p>
	<u>
	<b>
	<p class="ListParagraph" style="text-align: justify; text-indent: -77.95pt; line-height: normal; layout-grid-mode: char; margin-left: 77.95pt">
	<b>
	Section 3.&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</b>

	<b>Representations
	and Warranties of Kidoz.</b></p>
	</b>

</u>

	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		3.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Kidoz <b>&nbsp;</b>represents
	and warrants to and in favour of Shoal Games as set forth in Schedule "B"
	and Kidoz and each of the Kidoz Securities Holders acknowledges that Shoal
	Games is relying upon such representations and warranties in entering into
	this Agreement and will be relying upon such representations and warranties
	in completing its obligations hereunder.</p>
	<u>
	<b>
	<p class="ListParagraph" style="text-align: justify; text-indent: -77.95pt; line-height: normal; layout-grid-mode: char; margin-left: 77.95pt">
	<b>
	Section 4.&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</b>

	<b>
		Representations and Warranties of the Kidoz Securities Holders.</b></p>
	</b>

</u>

	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		4.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Each of the Kidoz Securities Holders,
	with respect only to himself, herself or itself, not jointly, and only to
	matters pertaining to the securities and/or rights which he, she or it holds
	or may come to hold and not with respect to any of the other Kidoz
	Securities Holders or any matters pertaining to any of the securities and/or
	rights which any of the other Kidoz Securities Holders holds or may come to
	hold, represents and warrants to and in favour of Shoal Games as set forth
	in Schedule "C" and acknowledges that Shoal Games is relying upon such
	representations and warranties in entering into this Agreement and will be
	relying upon such representations and warranties in completing its
	obligations hereunder.</p>
	<u>
	<b>
	<p class="ListParagraph" style="text-align: justify; text-indent: -77.95pt; line-height: normal; layout-grid-mode: char; margin-left: 77.95pt">
	Section 5.&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Representations and Warranties of Shoal Games.</b></b></u><p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		5.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Shoal Games represents and warrants to
	and in favour of Kidoz and the Kidoz Securities Holders and each of them as
	set forth in Schedule "D" and acknowledges that Kidoz and the Kidoz
	Securities Holders and each of them is relying upon such representations and
	warranties in entering into this Agreement and will be relying upon such
	representations and warranties in completing their respective obligations
	hereunder.&nbsp; </p>
	<u>
	<b>
	<p class="ListParagraph" style="text-align: justify; text-indent: -77.95pt; line-height: normal; layout-grid-mode: char; margin-left: 77.95pt">
	<b>
	Section 6.&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		Covenants and Agreements.</b></p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		6.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Operation of Kidoz's Business. </b></p>
	</b>

</u>

	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	During the Pre-Closing Period, Kidoz
	shall, unless otherwise approved in writing (which shall include e-mail) by
	Shoal Games (which approval shall not be unreasonably withheld or delayed):</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;conduct its business and operations in
	the ordinary course and in accordance with past practices; </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;preserve intact its current business
	organization, keeps available the services of its current officers and key
	employees and maintain its current relations consistent with prior business
	practices with all suppliers, customers, distributors, landlords, creditors,
	licensors, licensees, key employees and other Persons having contractual or
	other business relationships with Kidoz;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;timely pay its debts and Taxes
	consistent with past practices and in compliance with all applicable terms
	and conditions, or laws and regulations; </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;collect its receivables in the same
	manner and on the same terms as such receivables have historically been
	collected; and</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;promptly notify Shoal Games of (A) any
	notice or other communication from any Person alleging that the Consent of
	such Person is or may be required in connection with any of the transactions
	contemplated by this Agreement, (B) any Legal Proceeding commenced or
	threatened against, relating to or involving or otherwise affecting Kidoz
	that relates to the consummation of any of the transactions contemplated by
	this Agreement; provided that no notification so given to Shoal Games shall
	limit or otherwise affect any of the representations, warranties, covenants
	or obligations of Kidoz and/or any of the Kidoz Securities Holders contained
	in this Agreement;</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char">
	save and except where failure to do so
	would not have a Material Adverse Effect on Shoal Games.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		<u>(</u>b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	During the Pre-Closing Period, Kidoz
	will not, without the prior written consent of Shoal Games (which approval
	shall not be unreasonably withheld):</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt">
		(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	declare, accrue, set aside or pay any
	dividend (whether in cash, stock or property or any combination thereof) or
	make any other distribution in respect of any shares or other securities, or
	repurchase, redeem or otherwise reacquire any shares or other securities,
	except as may be required or allowed in connection with the transactions
	contemplated in this Agreement;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt">
		(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	form any Subsidiary or acquire any
	equity interest or other interest in any other Entity;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt">
		(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	enter into or become bound by, or
	permit any of the assets owned or used by it to become bound by or subject
	to, any Material Contract or Encumbrance, or amend or terminate, or waive or
	exercise any material right or remedy under, any Material Contract, other
	than in the ordinary course of business consistent with past practice;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt">
		(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	acquire, lease or license any right or
	other asset from any other Person or sell, transfer, pledge or otherwise
	dispose of, or lease or license, any right or other asset to any other
	Person, except in each case for immaterial assets acquired, leased,
	licensed, sold, transferred, pledged or disposed of by Kidoz in the ordinary
	course of business and consistent with past practices and any non-exclusive
	license of Kidoz IP in the ordinary course of business consistent with past
	practice, or abandon, waive or relinquish any material right;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	fail to maintain, or allow to lapse, or
	abandon, including by failure to pay the required fees in any jurisdiction,
	any Kidoz Intellectual Property Rights used in or otherwise material to the
	Kidoz Business;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	other than consistent with past
	practice and in accordance with existing accounting policies, write off any
	receivables or otherwise revalue any of its assets; </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	lend money to any Person;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		(viii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	forgive any loans to any of its
	directors, officers or employees, or except as may be required by applicable
	Law or the terms of any Contract in effect prior to the date hereof that has
	been provided or made available to Shoal Games prior to the date hereof, or
	pay or commit to pay any bonus, commission or other incentive payment or
	make any profit-sharing or similar payment to, or increase or commit to
	increase the amount of the wages, salary, commissions, fringe benefits or
	any other compensation or remuneration payable to, any of its directors,
	officers, employees or consultants with respect to a period following the
	Closing;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		(ix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	except as required pursuant to Israeli
	law or other applicable Legal Requirement, make any severance or termination
	payment to any officer or other employee;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	enter into any material transaction or
	take any other material action outside the ordinary course of business or
	inconsistent with past practices; or</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt">
		(xi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	offer, agree or commit to take any of
	the actions described in clauses "(i)" through "(x)" of this Section 6.1(b).</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	During the Pre-Closing Period, Kidoz
	shall, promptly following such time as Kidoz has Knowledge of the occurrence
	of such event, notify Shoal Games in writing of any event, condition, fact
	or circumstance that would make the timely satisfaction of any of the
	conditions set forth in Section 8 or Section 9 impossible or unlikely or
	that has had or may reasonably be expected to have a Material Adverse Effect
	on Kidoz.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Notwithstanding the foregoing, Kidoz
	may, without the prior consent of Shoal Games, distribute or otherwise make
	any payment it may deem fit with respect to any amount, so long as the
	payment thereof would not cause the Kidoz Working Capital immediately after
	payment to be less than U.S.$100,000. </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		6.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Operation of Shoal Games' Business. </b></p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	During the Pre-Closing Period, unless
	otherwise approved in writing (which shall include e-mail) by Kidoz, which
	approval shall not be unreasonably withheld or delayed, Shoal Games shall
	and shall ensure that each member of the Shoal Games Group does:</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	conduct its business and operations in
	the ordinary course and in accordance with past practices; </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	preserve intact its current business
	organization, keeps available the services of its current officers and key
	employees and maintain its current relations consistent with prior business
	practices with all suppliers, customers, distributors, landlords, creditors,
	licensors, licensees, key employees and other Persons having contractual or
	other business relationships with Shoal Games or the applicable member of
	the Shoal Games Group;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	timely pay its debts and Taxes
	consistent with past practices and in compliance with all applicable terms
	and conditions, or laws and regulations; </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	collect its receivables in the same
	manner and on the same terms as such receivables have historically been
	collected; and</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	promptly notify Kidoz of (A) any notice
	or other communication from any Person alleging that the Consent of such
	Person is or may be required in connection with any of the transactions
	contemplated by this Agreement, (B) any Legal Proceeding commenced or
	threatened against, relating to or involving or otherwise affecting Shoal
	Games or the applicable member of the Shoal Games Group that relates to the
	consummation of any of the transactions contemplated by this Agreement;
	provided that no notification so given to Kidoz shall limit or otherwise
	affect any of the representations, warranties, covenants or obligations of
	Shoal Games contained in this Agreement;</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 9.0pt">
		save and except where failure to do so would not have a Material Adverse
	Effect on Kidoz or any of the Kidoz Securities Holders.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	During the Pre-Closing Period, Shoal
	Games will not and shall ensure that each other member of the Shoal Games
	Group does not, without the prior written consent of Kidoz (which approval
	shall not be unreasonably withheld):</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	declare, accrue, set aside or pay any
	dividend (whether in cash, stock or property or any combination thereof) or
	make any other distribution in respect of any shares or other securities, or
	repurchase, redeem or otherwise reacquire any shares or other securities;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	sell, issue, grant or authorize the
	sale, issuance or grant of (A) any shares or other securities, (B) any
	option, call, warrant or right to acquire any shares or other securities, or
	(C) any instrument convertible into or exchangeable for any shares or other
	securities, except that Shoal Games may issue Shoal Games Shares upon the
	valid exercise of any of the Shoal Games Options which are outstanding as of
	the date of this Agreement;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	amend or waive any of its rights under,
	or accelerate the vesting under, any provision of the Shoal Games Stock
	Option Plan; </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	amend or permit the adoption of any
	amendment to its memorandum of association or articles of association or
	other charter or organizational documents, or effect or become a party to
	any merger, consolidation, amalgamation, arrangement, share exchange,
	business combination, recapitalization, reclassification of shares, share
	split, division or subdivision of shares, share dividend, issuance of bonus
	shares, reverse share split, consolidation of shares or similar transaction;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	form any Subsidiary or acquire any
	equity interest or other interest in any other Entity;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	make any capital expenditure in excess
	of U.S.$75,000 individually or U.S.$150,000 in the aggregate;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	enter into or become bound by, or
	permit any of the assets owned or used by it to become bound by or subject
	to, any Material Contract or Encumbrance, or amend or terminate, or waive or
	exercise any material right or remedy under, any Material Contract, other
	than in the ordinary course of business consistent with past practice;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(viii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	acquire, lease or license any right or
	other asset from any other Person or sell, transfer, pledge or otherwise
	dispose of, or lease or license, any right or other asset to any other
	Person, except in each case for immaterial assets acquired, leased,
	licensed, sold, transferred, pledged or disposed of by Shoal Games or the
	applicable member of the Shoal Games Group in the ordinary course of
	business and consistent with past practices and any non-exclusive license of
	the Shoal Games IP in the ordinary course of business consistent with past
	practice, or abandon, waive or relinquish any material right;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(ix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	fail to maintain, or allow to lapse, or
	abandon, including by failure to pay the required fees in any jurisdiction,
	any Shoal Games Intellectual Property Rights used in or otherwise material
	to the Shoal Games Business;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	other than consistent with past
	practice and in accordance with existing accounting policies, write off any
	receivables or otherwise revalue any of its assets; </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(xi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	lend money to any Person, or incur or
	guarantee any indebtedness for borrowed money, or have any issues,
	offerings, placements or arrangements of debt securities or commercial bank
	or other credit facilities;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(xii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	forgive any loans to any of its
	directors, officers or employees, or except as may be required by applicable
	Law or the terms of any Contract in effect prior to the date hereof that has
	been provided or made available to Kidoz prior to the date hereof, or pay or
	commit to pay any bonus, commission or other incentive payment or make any
	profit-sharing or similar payment to, or increase or commit to increase the
	amount of the wages, salary, commissions, fringe benefits or any other
	compensation or remuneration payable to, any of its directors, officers,
	employees or consultants;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(xiii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	hire or terminate any employee,
	officer, director or other service provider, other than hiring or firing of
	employees or other service providers with total annual compensation not in
	excess of U.S.$100,000 per Person and in the ordinary course of business
	consistent with past practice;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(xiv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	except as required pursuant to any
	applicable Law, make any severance or termination payment to any officer or
	other employee;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(xv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	enter into any material transaction or
	take any other material action outside the ordinary course of business or
	inconsistent with past practices; or</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt">
		(xvi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	offer, agree or commit to take any of
	the actions described in clauses "(i)" through "(xv)" of this Section
	6.2(b).</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	During the Pre-Closing Period, Shoal
	Games shall, promptly following such time as any member of the Shoal Games
	Group has Knowledge of the occurrence of such event, notify Kidoz in writing
	of any event, condition, fact or circumstance that would make the timely
	satisfaction of any of the conditions set forth in Section 7 impossible or
	unlikely or that has had or may reasonably be expected to have a Material
	Adverse Effect on the Shoal Games Group. </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Notwithstanding the foregoing, Shoal
	Games may, without the prior consent of Kidoz, distribute or otherwise make
	any payment as it may deem fit with respect to any amount,

		so long as the payment thereof would not cause the Shoal Games Working
	Capital immediately after payment to be less than U.S.$450,000.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		6.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Standstill</b>.&nbsp;
	From the date of execution of this Agreement until completion of the
	transactions contemplated hereby or the earlier termination hereof:</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Kidoz and the Kidoz Securities Holders
	will not, and will cause each of their respective Representatives to not,
	directly or indirectly, solicit, initiate, assist, facilitate, promote or
	encourage proposals or offers from, entertain or enter into discussions or
	negotiations with, or provide information relating to its securities,
	business, operations, affairs or financial condition to any persons in
	connection with the acquisition or distribution of any securities of Kidoz,
	or any amalgamation, merger, consolidation, arrangement, restructuring,
	refinancing, sale of any material assets of Kidoz, unless such action,
	matter or transaction is part of the transactions contemplated in this
	Agreement or is satisfactory to, and is approved in writing in advance by
	Shoal Games or is necessary to carry on the normal course of business or is
	necessary to comply with the fiduciary duties of the directors and officers
	of Kidoz.&nbsp; Kidoz agrees that any violation of the restrictions set forth in
	this subsection 6.3(a) by Kidoz or any of its Representatives shall be
	deemed a breach of this Agreement by Kidoz; and</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Shoal Games will not, and will cause
	each of its Representatives to not, directly or indirectly, solicit,
	initiate, assist, facilitate, promote or encourage proposals or offers from,
	entertain or enter into discussions or negotiations with, or provide
	information relating to its securities, business, operations, affairs or
	financial condition to any persons in connection with&nbsp; any amalgamation,
	merger or arrangement with or any purchase of any material assets of any
	Person other than Kidoz, unless such action, matter or transaction is part
	of the transactions contemplated in this Agreement or is satisfactory to,
	and is approved in writing in advance by Kidoz or is necessary to carry on
	the normal course of business or is necessary to comply with the fiduciary
	duties of the directors and officers of Shoal Games.&nbsp; Shoal Games agrees
	that any violation of the restrictions set forth in this subsection 6.3(b)
	by Shoal Games or any of its Representatives shall be deemed a breach of
	this Agreement by Shoal Games.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		6.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		<u>


	<b>
		Companies Registrar</b></u>.
	Kidoz shall make all reasonable efforts to effect all necessary filings with
	the Companies Registrar for the purpose of updating all information that is
	required to be updated with respect to Kidoz as a result of Kidoz and/or any
	of the Kidoz Securities Holders entering into this Agreement, taking any
	actions pursuant hereto or consummating any of the transactions contemplated
	hereby.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		6.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Regulatory Approval</b>.&nbsp;
	Shoal Games will use commercially reasonable efforts to obtain, in a timely
	manner, the Exchange Acceptance and all such approvals of all such other
	Regulatory Authorities as may be required to permit this Agreement and the
	transactions contemplated hereby to be completed.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		6.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Lock-up Requirement</b>.&nbsp; Pendinas Limited, Tryon M. Williams and Bingo,
	Inc., holding collectively, 48,733,111 Shoal Games Shares, which will,
	immediately prior to the Share Exchange Time, constitute 66.15% of the Shoal
	Games Shares then issued and outstanding, shall at the Share Exchange Time
	have undertaken not, during the period in which the Shoal Games Exchange
	Shares are subject to resale restrictions imposed by the TSX Venture
	Exchange and/or Canadian securities regulatory authorities, to sell, assign
	or otherwise dispose of, directly or indirectly, any of the Shoal Games
	Shares they currently hold, in and by such form of lock-up agreement as
	shall be acceptable to the Kidoz Securities Holders, acting reasonably, and
	be delivered to them by Shoal Games at the Closing</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
	6.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
	U.S.
	Securities Laws</b>.
	Each of the Kidoz Securities Holders understands and acknowledges that the
	Shoal Games Exchange Shares to be issued to this Agreement have not been,
	nor will any of them be, registered under the 1933 Act or the securities
	laws of any state of the United States and understands and agrees that the
	Shoal Games Exchange Shares may not be offered or sold in the United States
	or to or on behalf of a U.S. Person unless the Shoal Games Exchange Shares
	are registered under the 1933 Act or an exemption from the registration
	requirements of the 1933 Act is available.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		6.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Facilitation</b>.&nbsp;
	Shoal Games and Kidoz shall use all reasonable efforts to take, or cause to
	be taken, all actions necessary to consummate and make effective the
	transactions contemplated by this Agreement.&nbsp; Without limiting the
	generality of the foregoing, each of Shoal Games and Kidoz: (i) shall make
	all deliveries and filings (if any) and give all notices (if any) required
	to be made and given by such party in connection with the transactions
	contemplated by this Agreement, and (ii) shall use all reasonable efforts to
	obtain each Consent (if any) required to be obtained (pursuant to any
	applicable Legal Requirement or Contract, or otherwise) by such party in
	connection with the transactions contemplated by this Agreement or any of
	them.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		6.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	<u>

	<b>
		Disclosure</b></u>.
	Shoal Games and Kidoz shall consult with each other before issuing any
	public release or making any public announcement concerning this Agreement
	or the transactions contemplated hereby.&nbsp; Without derogating the foregoing,
	Shoal Games shall not and Kidoz shall not, and neither of them shall permit
	any of its Representatives to, make any disclosure regarding any of the
	transactions contemplated by this Agreement unless: (a) such disclosure is
	made confidentially to potential investors under the Concurrent Financing,
	(b) the other of Kidoz and Shoal Games shall have consented to such
	disclosure (which consent shall not be unreasonably withheld, conditioned or
	delayed), (c) such party shall have been advised in writing by its legal
	counsel that such disclosure is required by applicable Law or the rules and
	policies of the TSX Venture Exchange, or (d) such disclosure is required to
	carry out the transactions contemplated in this Agreement or the obligations
	of any of the parties hereto.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		6.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Post-Closing Kidoz Board</b>.&nbsp; Kidoz shall obtain from each of Josef
	Mendelbaum, Gai Havkin, Aryeh Mergi, Moshe David, and Yaniv Golan his
	irrevocable resignation as a director of Kidoz, effective at the Share
	Exchange Time and conditional upon the transactions contemplated by this
	Agreement having then been consummated.&nbsp; Shoal Games, as the sole holder of
	all of the Kidoz Shares then issued and outstanding, shall, immediately
	after the Share Exchange Time, appoint Eldad Ben Tora and Jason Williams as
	directors of Kidoz, and shall take all such actions and obtain all such
	Consents as may be necessary to permit it to do so.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		6.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Post-Closing Shoal Games Board</b>.&nbsp; The number of directors of Shoal
	Games shall, until the appointments contemplated in this Section 6.11 have
	all been made, continue to have been determined by the shareholders of Shoal
	Games to be at least four (4) but not more than seven (7) and the Shoal
	Games Board shall, at such time or times as Shoal Games receives Consents
	from such Persons to so act, pursuant to its authority then to do so
	pursuant to the by-laws of Shoal Games, appoint Eldad Ben Tora and two such
	other Persons as those of the Kidoz Securities Holders who or which at the
	applicable time hold a majority of the Shoal Games Shares then held by all
	of the Kidoz Securities Holders shall have specified to Shoal Games by
	notice in writing as their nominee(s) as directors of Shoal Games and Shoal
	Games shall, at such time as all three (3) such appointments have been made,
	cause one of the four (4) Persons who is currently a director of Shoal Games
	(or a successor of one such Person) to resign as a director of Shoal Games.&nbsp;
	Shoal Games will use commercially reasonable efforts to obtain, in a timely
	manner, a directors and officers liability insurance policy providing such
	coverage as Eldad Ben Tora and such nominees of the Kidoz Securities Holders
	may reasonably require as a condition of their consenting to act as
	directors of Shoal Games.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		6.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Post-Closing Shoal Games Advisory Committee</b>.&nbsp; Until the changes to the
	Shoal Games Board contemplated in Section 6.11 have all been made, Shoal
	Games Board shall appoint an advisory committee to assist Shoal Games'
	management and the Shoal Games Board, which shall consist of three (3)
	Persons specified by Shoal Games to Kidoz in writing at Closing and Eldad
	Ben Tora and two (2) other Persons specified by Kidoz to Shoal Games at
	Closing; and the members of such advisory committee shall also act as
	non-voting observers of the Shoal Games Board and shall have the right to
	receive notices of and to attend all meetings of the Shoal Games Board and
	to participate in discussions thereat as well as to receive any and all
	information being sent or presented to the Shoal Games Board and to receive
	a copy of any proposed resolution or action that is proposed to be adopted
	or taken without a meeting.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		6.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	&nbsp;<b>Post-Closing Shoal Games Board
	Actions</b>.&nbsp; Until the changes to the Shoal Games Board contemplated in
	Section 6.11 have all been made, the Shoal Games Board shall not take and
	Shoal Games shall take all such action(s) as may be necessary to prevent the
	Shoal Games Board from taking, without having obtained the prior approval of
	the shareholders of Shoal Games at a duly called general meeting, any action
	in respect of: (a) transactions that involve parties who or which are
	directors, officers or affiliates of Shoal Games (within the meaning of
	"affiliate" specified in Rule 144); (b) any issuance of securities of Shoal
	Games at a common-share-equivalent price per share that is less than the
	weighted average market price per share at which shares of Shoal Games have
	traded on the TSX Venture Exchange on the previous thirty (30) trading days
	(except issuances of share upon exercise of any currently outstanding Shoal
	Games Options); (c) any sale, licence, lease or other disposition of any
	asset of Shoal Games or Kidoz having a value in excess of U.S.$1,000,000;
	(d) any sale or other disposition of all or a majority (by value) of the
	business and/or assets of Kidoz; (e) termination of the CEO of Shoal Games
	or Kidoz other than for cause (where "cause" is determined under such Law as
	may be applicable with respect to such termination); (f) any change in the
	business of Shoal Games or Kidoz that is determined to be a "Change of
	Business" by the TSX Venture Exchange in accordance with its rules and
	policies in effect at the applicable time; and (g) any merger, amalgamation
	or other business combination transaction or set of transactions as a result
	of which the holders of securities of Shoal Games prior to such
	transaction(s) hold, on an as-converted basis, less than a majority of the
	voting shares of the resulting Entity after completion of such
	transaction(s). </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		6.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Post-Closing Articles of Kidoz</b>.&nbsp; The Kidoz Securities Holders
	acknowledge that Shoal Games will, as the holder of all of the Kidoz Shares
	then issued and outstanding, immediately after the Share Exchange Time,
	cause the articles of association of Kidoz to be amended to be in such form
	as it, in its sole discretion, determines to be acceptable, and hereby
	consent and agree to such amendment being made.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		6.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Post-Closing Funding of Kidoz</b>.&nbsp; Forthwith after Closing Shoal Games
	shall advance to Kidoz, by way of a non-interest bearing loan repayable only
	from profits generated by Kidoz after Closing and having no maturity date,
	an amount which is equal to 35% of the aggregate net proceeds which have
	been derived by Shoal Games from the Concurrent Financing up to the time of
	advance, to provide support for the ongoing business operations of Kidoz.&nbsp;
	</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		6.16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Post-Closing Securities Regulatory Matters</b>.&nbsp; Shoal Games will not
	after Closing take or fail to any action that would cause it to cease to be
	a reporting issuer in any province of Canada or that would cause the Shoal
	Games Shares to cease to be listed and posted for trading on the TSX Venture
	Exchange.&nbsp; </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		6.17&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Indemnification Obligations.&nbsp; </b>
		The indemnification obligations (including exculpation rights) set forth in
	the corporate documents of Kidoz, as well as in any existing director or
	officer indemnification agreements of Kidoz, shall survive the Closing in
	accordance with their terms, and all such obligations shall be observed and
	satisfied by Kidoz after the Closing to the fullest extent available under
	applicable Laws.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		6.18&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		D&amp;O Insurance Arrangements</b>.&nbsp; Prior to the Closing, Kidoz may
	purchase and pay in full for a seven (7) year "tail" insurance and
	indemnification policy covering each Person who is covered by the current
	directors' and officers' liability insurance policies maintained by Kidoz
	that provides coverage for matters occurring prior to Closing (the "D&amp;O
	Insurance"), and Shoal Games shall not terminate such "tail" insurance and
	shall not modify the D&amp;O Insurance in any manner that would adversely affect
	the rights thereunder of any Person who on or prior to the Closing was a
	director or officer of Kidoz.&nbsp; Those Persons who are directors and officers
	of Kidoz prior to the Closing shall be considered third party beneficiaries
	for the purpose of this Section 6.18.&nbsp; </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		6.19&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Status Notification</b>.&nbsp; Each of Shoal Games and Kidoz shall keep the
	other reasonably apprised of the status of matters relating to completion of
	the transactions contemplated hereby. </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		6.20&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Confidentiality</b>.&nbsp;
	Except as provided in Sections 6.8 and 6.9 or with the prior written consent
	of the other parties, each of the parties and its respective directors,
	officers, employees, shareholders, agents, advisors and other
	Representatives will hold all information received from the other parties
	hereto or any of them concerning any of Shoal Games, Kidoz or the Kidoz
	Securities Holders in strictest confidence and such information shall not be
	disclosed or used by the recipients thereof, except such information and
	documents as are available to the public or as are required to be disclosed
	by applicable Laws. All such information in written or electronic form and
	documents will be promptly returned to the party originally delivering them
	in the event that the transactions contemplated by this Agreement are not
	completed.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		6.21&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Ibis Capital Liabilities</b>.&nbsp; Shoal Games shall, prior to the Closing, effect
	a binding arrangement with Ibis Capital Limited which results in any and all
	liabilities and obligations which Kidoz may now or could hereafter have to
	Ibis Capital Limited, as a result of the consummation of the transactions
	contemplated by this Agreement or otherwise, being forever eliminated.&nbsp;
	Shoal Games shall indemnify and hold Kidoz and the current members of the
	Kidoz Board (Josef Mendelbaum, Gai Havkin, Aryeh Mergi, Moshe David and
	Yaniv Golan) and the Kidoz Securities Holders harmless from any claim or
	demand made by Ibis Capital Limited against them, immediately upon first
	demand.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		6.22&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Rights to Acquire Shoal Games Securities</b>.&nbsp; Shoal Games will not prior to
	the Share Exchange Time grant, issue or otherwise create or cause or permit
	any of its Subsidiaries to grant, issue or otherwise create any rights of
	any kind to acquire any of the Shoal Games Shares which are currently
	unissued or any other equity securities of Shoal Games or any of its
	Subsidiaries, so that, immediately prior to the Share Exchange Time, the
	only rights to acquire any of the currently unissued Shoal Games Shares or
	any other equity securities of Shoal Games or any of its Subsidiaries will
	be those of the rights that currently exist to purchase up to 3,610,000
	Shoal Games Shares under the Shoal Games Options that are currently
	outstanding in favour of employees, consultants and advisors of Shoal Games
	which have not, prior to that time, been exercised.&nbsp; </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 14.0pt">
		6.23&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Covenants to Survive Closing</b>.&nbsp; The covenants and agreements made by Shoal Games
	in Sections 6.10 to 6.16, inclusive, and in Sections 6.18 and 6.21 shall
	survive Closing.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -77.95pt; line-height: normal; layout-grid-mode: char; margin-left: 77.95pt">
	<b>
	Section 7.&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</b>
	<u>

	<b>
		Conditions Precedent to Obligations of Shoal Games</b></u><b>.</b></p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char">
	The obligations of Shoal Games to
	consummate the transactions contemplated by this Agreement are subject to
	the satisfaction (or written waiver exclusively by Shoal Games, if
	permissible under applicable Law), at or prior to the Share Exchange Time,
	of each of the following conditions:</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		7.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Accuracy of Representations</b>.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	The representations and warranties of
	Kidoz set forth in Section 3 (referencing Schedule "B") shall have been
	accurate in all material respects as of the date of this Agreement and as of
	the Share Exchange Time, as if made at and as of the Share Exchange Time.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	The representations and warranties of
	the Kidoz Securities Holders set forth in Section 4 (referencing Schedule
	"C") shall have been accurate in all material respects as of the date of
	this Agreement and as of the Share Exchange Time, as if made at and as of
	the Share Exchange Time.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		7.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		<u>


	<b>
		Performance of Covenants</b></u>.&nbsp;
	Each covenant or obligation that Kidoz or any of the Kidoz Securities
	Holders is required to comply with or to perform at or prior to the Share
	Exchange Time shall have been complied with and performed in all material
	respects.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		7.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		<u>

	<b>
		Regulatory Approvals</b></u>.&nbsp;
	Shoal Games shall have received Exchange Acceptance and all such approvals
	of all such other Regulatory Authorities as may be required to permit this
	Agreement and the transactions contemplated hereby to be completed.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		7.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		<u>

	<b>
		Deliverables</b></u>.
	Shoal Games shall have received prior to or at Closing those documents and
	instruments specified in Sections 10.3 and 10.4.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		7.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Employees</b>.&nbsp;
	None of the Kidoz Key Employees shall have terminated his or her employment
	with Kidoz or tendered his or her resignation to Kidoz or threatened to
	terminate his or her employment with Kidoz and Shoal Games shall have
	received, from such of the Kidoz Key Employees as Shoal Games deems
	necessary, assurance in writing that he or she has no intention of
	terminating his or her employment with Kidoz after completion of the
	transactions contemplated by this Agreement.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		7.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Kidoz Working Capital.&nbsp; </b>
		The Kidoz Working Capital at the Share Exchange Time shall be positive in an
	amount that is not less than US$100,000.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		7.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		No Material Adverse Effect</b>. There shall not, since the date of this
	Agreement, have occurred any event which has a Material Adverse Effect on
	Kidoz.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 18.0pt">
		7.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	<b>
		No Restraints</b>.&nbsp; No temporary restraining order,
	preliminary or permanent injunction or other order preventing the
	consummation of any of the transactions contemplated by this Agreement shall
	have been issued by any court of competent jurisdiction and remain in
	effect, and there shall not be any Legal Requirement enacted or applicable
	to any of the transactions contemplated by this Agreement that makes
	consummation thereof illegal.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -77.95pt; line-height: normal; layout-grid-mode: char; margin-left: 77.95pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
	<b>
		Section 8.&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		Conditions Precedent to Obligations of Kidoz.</b></p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 12.0pt">
		The obligations of Kidoz to consummate the transactions contemplated by this
	Agreement are subject to the satisfaction (or written waiver exclusively by
	Kidoz, if permissible under applicable Law), at or prior to the Share
	Exchange Time, of the following conditions: </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		8.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Accuracy of Representations</b>.&nbsp; The representations and warranties of Shoal
	Games set forth in Section 5 (referencing Schedule "D") shall have been
	accurate in all material respects as of the date of this Agreement and as of
	the Share Exchange Time, as if made at and as of the Share Exchange Time.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		8.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	<b>
		Performance of Covenants</b>.&nbsp;
	Each covenant or obligation that Shoal Games is required to comply with or
	to perform at or prior to the Share Exchange Time shall have been complied
	with and performed in all material respects.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		8.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	<b>
		Regulatory Approvals</b>.&nbsp;
	Shoal Games shall have received Exchange Acceptance and all such approvals
	of all such other Regulatory Authorities as may be required to permit this
	Agreement and the transactions contemplated hereby to be completed.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		8.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	<b>
		Deliverables</b>.&nbsp;
	Kidoz and the Kidoz Securities Holders shall have received prior to or at
	Closing those documents and instruments specified in Section 10.2.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		8.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Employees</b>.&nbsp;
	None of the Shoal Games Key Employees shall have terminated his or her
	employment with the member of the Shoal Games Group by which he or she is
	employed or tendered his or her resignation to the member of the Shoal Games
	Group by which he or she is employed.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		8.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Shoal Games Working Capital. </b>
		The Shoal Games Working Capital at the Share Exchange Time shall be positive
	in an amount that is not less than US$450,000. </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		8.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Concurrent Financing</b>.&nbsp;
	Shoal Games shall, prior to the Share Exchange Time, have received and
	accepted subscriptions for at least 5,000,000 Shoal Games Shares at a
	purchase price of U.S.$0.40 per share under the Concurrent Financing, in
	accordance with the transaction documents therefor, and counsel for Shoal
	Games shall immediately prior to the Share Exchange Time be holding in trust
	for Shoal Games the full amount of the purchase price for the Shoal Games
	Shares subscribed for by such subscriptions, subject to an irrevocable
	direction to pay the amount so held to Shoal Games immediately after the
	Share Exchange Time.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		8.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Filings</b>.&nbsp;
	Shoal Games shall have made all regulatory filings required to enable the
	Shoal Games Exchange Shares to be traded on the TSX Venture Exchange.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		8.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		<b>
		No Material Adverse Effect</b>.
	Since the date of this Agreement, there shall not have occurred any event
	which has a Material Adverse Effect on Shoal Games Group.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		8.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	<b>
		No Restraints</b>.&nbsp; No temporary restraining order,
	preliminary or permanent injunction or other order preventing the
	consummation of any of the transactions contemplated by this Agreement shall
	have been issued by any court of competent jurisdiction and remain in
	effect, and there shall not be any Legal Requirement enacted or applicable
	to any of the transactions contemplated by this Agreement that makes
	consummation thereof illegal.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 18.0pt">
		8.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Tax Ruling</b>.&nbsp;
	Kidoz and the Kidoz Securities Holders shall have received prior to the
	Closing a tax ruling from the Israeli Tax Authorities with respect to the
	transactions contemplated in this Agreement to the satisfaction of those of
	the Kidoz Securities Holders who or which would hold the majority of the
	Ordinary Shares of Kidoz if all conversion rights attaching to all of the
	outstanding securities of Kidoz were to be exercised.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -77.95pt; line-height: normal; layout-grid-mode: char; margin-left: 77.95pt">
	<b>
	Section 9.&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		Conditions Precedent to Obligations of the Kidoz
	Securities Holders.</b></p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char">
	The obligations of the Kidoz Securities
	Holders to consummate the transactions contemplated by this Agreement are
	subject to the satisfaction (or written waiver exclusively by the Kidoz
	Securities Holders, if permissible under applicable Law), at or prior to the
	Share Exchange Time, of the following conditions: </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		9.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Accuracy of Representations</b>.&nbsp; The representations and warranties of Shoal
	Games set forth in Section 5 (referencing Schedule "D") shall have been
	accurate in all material respects as of the date of this Agreement and as of
	the Share Exchange Time, as if made at and as of the Share Exchange Time.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		9.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	<b>
		Performance of Covenants</b>.&nbsp;
	Each covenant or obligation that Shoal Games is required to comply with or
	to perform at or prior to the Share Exchange Time shall have been complied
	with and performed in all material respects.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
	9.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	<b>
		Deliverables</b>.&nbsp;
	Kidoz and the Kidoz Securities Holders shall have received prior to or at
	Closing those documents and instruments specified in Section 10.2.
	</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		9.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	<b>
		No Material Adverse Effect</b>.
	Since the date of this Agreement, there shall not have occurred any event
	which has a Material Adverse Effect on Shoal Games Group.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		9.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	<b>
		No Restraints</b>.&nbsp; No temporary restraining order,
	preliminary or permanent injunction or other order preventing the
	consummation of any of the transactions contemplated by this Agreement shall
	have been issued by any court of competent jurisdiction and remain in
	effect, and there shall not be any Legal Requirement enacted or applicable
	to any of the transactions contemplated by this Agreement that makes
	consummation thereof illegal.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		9.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Tax Ruling</b>.&nbsp;
	Kidoz and the Kidoz Securities Holders shall have received prior to the
	Closing a tax ruling from the Israeli Tax Authorities with respect to the
	transactions contemplated in this Agreement to the satisfaction of those of
	the Kidoz Securities Holders who or which would hold the majority of the
	Ordinary Shares of Kidoz if all conversion rights attaching to all of the
	outstanding securities of Kidoz were to be exercised.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 18.0pt">
		9.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Tax Ruling Appeal Costs</b>.&nbsp; The Kidoz Securities Holders shall have received
	prior to or at the Closing a letter from Kidoz, agreed to by Shoal Games as
	to the obligations therein specified and executed by Shoal Games to that
	effect, undertaking to, at its own expense, in the event that the Israeli
	tax authorities do not issue a final tax ruling in the form contemplated by
	the applicable Kidoz Securities Holders, engage counsel to represent the
	applicable Kidoz Securities Holders in reaching another settlement with the
	Israeli tax authorities with respect to the subject transactions or in
	challenging such decision as the Israeli tax authorities shall have made
	regarding the subject transactions, in such form as shall be acceptable to
	the applicable Kidoz Securities Holders.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -77.75pt; line-height: normal; layout-grid-mode: char; margin-left: 77.75pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
	<b>
		Section 10.&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;&nbsp;&nbsp;
	Closing</b></p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 11.0pt">
		10.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	<b>
		Closing</b>.
	The consummation of the transactions contemplated by this Agreement (the
	"Closing") shall take place at the offices of Zysman, Aharoni, Gayer &amp; Co.
	("ZAG-S&amp;W") in Tel Aviv, Israel, at 10:00 a.m. (local time), with deliveries
	of all documents and instruments to be received by Shoal Games to be
	effected, in the event that a Representative of Shoal Games is not then and
	there present, by electronic transmission, at the time each of the original
	documents or instruments is tendered, of a true and complete copy thereof,
	to such destination as Shoal Games shall have specified to ZAG-S&amp;W in
	writing, followed, forthwith after Closing, by courier delivery thereof to
	Shoal Games at its address herein specified for physical delivery of
	notices, on a date to be designated by Shoal Games and Kidoz (the "Closing
	Date"), which shall be no later than the fifth Business Day after the later
	to occur of: (a) receipt by Shoal Games of the Exchange Acceptance; and the
	satisfaction or waiver of the last to be satisfied or waived of the
	conditions set forth in Sections 7 and 8 (other than those conditions that
	by their nature are to be satisfied at the Closing, but subject to the
	satisfaction or waiver of such conditions).</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 11.0pt">
		10.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<b>
		Deliveries by Shoal Games</b>. &nbsp;At the Closing, Shoal Games shall deliver to
	Kidoz and the Kidoz Securities Holders:</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 11.0pt">
		(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	certified true copies of the
	resolutions of the Shoal Games Board evidencing the approval of this
	Agreement and all of the transactions of Shoal Games contemplated hereunder,
	which resolutions will include specific reference to:</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 11.0pt">
	(i)

	the acquisition of all of the Kidoz
	Shares issued and outstanding as of the Share Exchange Time and the issuance
	of the Shoal Games Exchange Shares to the Kidoz Securities Holders in
	consideration therefor, and all other transactions contemplated by this
	Agreement; and</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 11.0pt">
	(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	acknowledgement of the changes to be
	made to the Shoal Games Board contemplated in Section 6.11 and concurrence
	therein;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 11.0pt">
		(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	evidence of the Exchange conditional
	approval of this Agreement and the transactions contemplated hereby;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 11.0pt">
		(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	a certified true copy of the resolution
	of the Shoal Games Board authorizing and approving the issuance of the Shoal
	Games Exchange Shares to such trustee as has been specified by those of the
	Kidoz Securities Holders who or which are tax residents of Israel or hold
	Kidoz Shares for beneficiaries who are tax residents of Israel and to each
	of the other Kidoz Securities Holders itself, pursuant to the provisions of
	this Agreement, each as to that number of Shoal Games Shares as the
	applicable Kidoz Securities Holder is entitled to have issued to such
	specified trustee or to itself pursuant to the provisions of this Agreement,
	and the registration thereof, where applicable, in the name of the trustee
	so specified, for the benefit of the respective Kidoz Securities Holders who
	or which are tax residents of Israel or hold Kidoz Shares for beneficiaries
	who are tax residents of Israel as set forth in Schedule "A" to this
	Agreement, according to beneficial ownership of the applicable Kidoz Shares
	therein specified, and otherwise in the name of the applicable Kidoz
	Securities Holder itself;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	a certificate from counsel for Shoal
	Games certifying that, as of the time immediately prior to the Share
	Exchange Time, he is holding in trust for Shoal Games not less than
	U.S.$2,000,000 as the full purchase price for those Shoal Games Shares in
	respect of which Shoal Games has theretofore received and accepted
	subscriptions under the Concurrent Financing, subject to an irrevocable
	direction to pay such amount in full to Shoal Games immediately after the
	Share Exchange Time.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	certificates representing the Shoal
	Games Exchange Shares, each issued in the name of such trustee as has been
	specified by the Kidoz Securities Holder who or which is a tax resident of
	Israel or holds Kidoz Shares for a beneficiary who is a tax resident of
	Israel and who or which is entitled to have Shoal Games Exchange Shares
	issued to such specified trustee pursuant to this Agreement and otherwise in
	the name of the Kidoz Securities Holder which is entitled to have Shoal
	Games Exchange Shares issued to itself pursuant to this Agreement, and each
	representing that number of Shoal Games Shares as such Kidoz Securities
	Holder is entitled to have issued to such specified trustee or to itself
	pursuant to the provisions of this Agreement; </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	an opinion letter from counsel for
	Shoal Games, dated as of the Closing Date, in a form acceptable to Kidoz and
	its counsel, acting reasonably; </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	a certificate signed by two directors
	of Shoal Games confirming that: (i) the representations and warranties of
	Shoal Games contained in this Agreement are true and correct in all material
	respects as of the Share Exchange Time; and (ii) all of the conditions set
	forth in Section 7 have been duly satisfied;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	a lock-up agreement executed for and on
	behalf of Pendinas Limited, Tryon M. Williams and Bingo, Inc., pursuant to
	and in the form contemplated by Section 6.6;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	a letter from Shoal Games specifying to
	Kidoz and the Kidoz Securities Holders the three (3) Persons whom Shoal
	Games is naming to serve on the advisory committee contemplated by Section
	6.12; </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	written confirmation from Shoal Games
	that, with respect to the future granting of stock options to employees of
	Kidoz, it has either: (i) duly assumed and adopted the Kidoz Stock Option
	Plan, or (ii) has amended the Shoal Games Stock Option Plan to include an
	Israeli employees appendix in such form as has been approved by counsel for
	Kidoz;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	the letter from Kidoz to the Kidoz
	Securities Holders referenced in section 9.7, executed for and on behalf of
	Shoal Games; and</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	such other materials for all matters
	incidental to the transactions contemplated by this Agreement that are, in
	the opinion of Kidoz's counsel, acting reasonably, required to be delivered
	by Shoal Games in order for it to meet its obligations under this Agreement.</p>

	<b>
	<u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 9.0pt">
		&nbsp;</p>

	</u>
	</b>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		10.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		<b>Deliveries by Kidoz.&nbsp;
	At the Closing, Kidoz shall deliver to Shoal Games:</b></p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	a certified true copy of the
	resolutions of the Kidoz Board evidencing that the directors of Kidoz have
	approved this Agreement and all of the transactions of Kidoz and the Kidoz
	Securities Holders contemplated hereunder, which resolutions will include
	specific reference to:</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
	(i)

	the sale and transfer of the Kidoz
	Shares by and from the Kidoz Securities Holders to Shoal Games as provided
	for in this Agreement;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
	(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	the cancellation of the Old Kidoz
	Shares Certificates; and</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-left: 61.2pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
	(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	the issuance of the New Kidoz Shares
	Certificates to Shoal Games;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	the New Kidoz Share Certificates in the
	name of Shoal Games Ltd.;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	certified true copies of the
	(conditional) resignations of Josef Mandelbaum, Gai Havkin, Aryeh Mergi,
	Moshe David, Yaniv Golan as directors of Kidoz specified in Section 6.10;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	an opinion letter from counsel for
	Kidoz, dated as of the Closing Date, in a form acceptable to Shoal Games and
	its counsel, acting reasonably; </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	a certificate signed by two directors
	of Kidoz confirming that: (i) the representations and warranties of Kidoz
	contained in this Agreement are true and correct in all material respects as
	of the Share Exchange Time; and (ii) all of the conditions set forth in
	Section 8 have been duly satisfied; </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	a letter from Kidoz
	specifying to Shoal Games the three (3) Persons whom Kidoz and the Kidoz
	Securities Holders are naming to serve on the advisory committee
	contemplated by Section 6.12;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	a copy of the register of shareholders
	of Kidoz as the same was constituted immediately prior to the Share Exchange
	Time, certified as being a true copy thereof by an officer of Kidoz;</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	a copy of the register of shareholders
	of Kidoz as the same was constituted immediately after the Share Exchange
	Time, certified as being a true copy thereof by an officer of Kidoz; and</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	such other materials for
	all matters incidental to the transactions contemplated under this Agreement
	that are, in the
	opinion of Shoal Games' counsel acting reasonably, required to be delivered
	by Kidoz in order for it to meet its obligations under this Agreement.
	</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		10.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		<b>Deliveries by the Kidoz Securities Holders. &nbsp;At the Closing, the Kidoz Securities
	Holders shall deliver to Shoal Games:</b></p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	the Old Kidoz Share Certificates, each
	with the form of transfer on the reverse thereof duly executed for transfer
	or, alternatively, accompanied by a duly executed share transfer deed,
	provided that, if any Old Kidoz Share Certificate has been lost, the Kidoz
	Securities Holder in the name of whom or which the Kidoz Shares represented
	such certificate are registered may instead deliver to Shoal Games a lost
	securities affidavit in such form as may be acceptable to Shoal Games,
	accompanied by a duly executed share transfer deed; and</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 18.0pt">
		(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	such other materials for all matters
	incidental to the transactions contemplated under this Agreement that are,
	in the opinion of Shoal Games' counsel acting reasonably, required to be
	delivered by the Kidoz Securities Holders in order for them to meet their
	obligations under this Agreement. </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -77.95pt; line-height: normal; layout-grid-mode: char; margin-left: 77.95pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		Section 11.&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;&nbsp;&nbsp;<b>
	Termination.</b></p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		11.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		By either Kidoz or Shoal Games.&nbsp; Each of Kidoz and Shoal Games shall,
	in its sole discretion, have the right to terminate this Agreement if this
	Agreement and/or any of the transactions contemplated hereby is rejected by
	the TSX Venture Exchange and all recourse or rights of appeal have been
	exhausted.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		11.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		By Shoal Games.
	Shoal Games shall, in its sole discretion, have the right to terminate this
	Agreement if any conditions precedent set out in Section 7 are not
	satisfied, released or waived before the Share Exchange Time.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		11.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		By Kidoz.
	Kidoz shall, in its sole discretion, have the right to terminate this
	Agreement if any conditions precedent set out in Section 8 and Section 9 are
	not satisfied, released or waived before the Share Exchange Time.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		11.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		End Date.&nbsp;
	This Agreement may be terminated by either Shoal Games or Kidoz upon
	delivery of written notice to the other if: (a) the Closing has not occurred
	on or before 5:00 p.m., Israel time, on January 31, 2019 unless otherwise
	agreed upon between Shoal Games and Kidoz (the "End Date"); provided, that
	neither Shoal Games nor Kidoz will be entitled to terminate this Agreement
	pursuant to this Section 11.4 if its willful breach of, or willful failure
	to fulfill any obligation under this Agreement has been the primary cause of
	the Closing failing to occur on or prior to such time on the End Date.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		11.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		Governmental Entity Order or Law.&nbsp; This Agreement may be terminated by
	either Shoal Games or Kidoz upon delivery of written notice to the other if:
	(a) there shall be a final non-appealable order of a Governmental Entity of
	competent jurisdiction restraining, enjoining or otherwise prohibiting or
	preventing the consummation of the transactions contemplated hereby or a
	material portion thereof; or (b) there shall be any statute, rule,
	regulation or order enacted, promulgated or issued or deemed applicable to
	the transactions contemplated hereby by any Governmental Entity that would
	make consummation of the transactions contemplated by this Agreement
	illegal.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 15.0pt">
		11.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		Survival.&nbsp;
	In the event this Agreement is terminated, the provisions of Section 6.20
	and Section 12 shall survive the termination.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -77.95pt; line-height: normal; layout-grid-mode: char; margin-left: 77.95pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		Section 12.&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;&nbsp;&nbsp;<b>
	Indemnification.</b></p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		12.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		By Shoal Games.&nbsp;
	Shoal Games agrees to indemnify and hold harmless Kidoz and each Kidoz
	Securities Holder, each of their respective officers, directors, employees
	and agents and their respective successors and assigns, from and against any
	Losses suffered or incurred by them or any of them which arise directly out
	of: (a) any material breach or default in the performance by Shoal Games of
	any covenant or agreement made by Shoal Games in this Agreement, (b) any
	material breach of any representation or warranty made by Shoal Games in
	this Agreement, and (c) any and all third party actions, suits, proceedings,
	claims, demands, judgments, costs and expenses (including reasonable legal
	fees and expenses) arising as a result of circumstances described in
	subsection (a) or (b) above.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		12.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		By Kidoz.&nbsp;
	Kidoz agrees to indemnify and hold harmless Shoal Games and its directors,
	officers, employees and agents and their respective successors and assigns,
	from and against any Losses suffered or incurred by them or any of them
	which arise directly out of: (a) any material breach or default in the
	performance by Kidoz of any covenant or agreement made by Kidoz in this
	Agreement, (b) any material breach of any representation or warranty made by
	Kidoz in this Agreement (such representations and warranties being referred
	to in this Section, collectively, as the &quot;Kidoz Representations&quot;), and (c)
	any and all third party actions, suits, proceedings, claims, demands,
	judgments, costs and expenses (including reasonable legal fees and expenses)
	arising as a result of circumstances described in subsection (a) or (b)
	above.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		12.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		By the Kidoz Securities Holders.&nbsp; Each of the Kidoz Securities Holders
	agrees to indemnify and hold harmless Shoal Games and its directors,
	officers, employees and agents and their respective successors and assigns,
	from and against any Losses suffered or incurred by them or any of them
	which arise directly out of: (a) any material breach or default in the
	performance by Kidoz or such Kidoz Securities Holder of any covenant or
	agreement made by Kidoz or such Kidoz Securities Holder in this Agreement,
	(b) any material breach of any representation or warranty made by such Kidoz
	Securities Holder in this Agreement (such representations and warranties
	being referred to in this Section, collectively, for each Kidoz Securities
	Holder, as the &quot;Kidoz Securities Holder Representations&quot;) or of any of the
	Kidoz Representations, and (c) any and all third party actions, suits,
	proceedings, claims, demands, judgments, costs and expenses (including
	reasonable legal fees and expenses) arising as a result of circumstances
	described in subsection (a) or (b) above.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		12.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>
		Indemnity Procedure. </b>
	</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	A Party agreeing to be responsible for
	or to indemnify against any matter pursuant to this Agreement is referred to
	herein as the "Indemnifying Party" and the other Party claiming indemnity is
	referred to as the "Indemnified Party."&nbsp; An Indemnified Party under this
	Agreement shall, with respect to claims asserted against such Party by any
	third party, give prompt written notice to the Indemnifying Party of any
	liability which might give rise to a claim for indemnity under this
	Agreement within 10 business days of the receipt of any written claim from
	any such third party, but not later than 20 days prior to the date any
	answer or responsive pleading is due, and with respect to other matters for
	which the Indemnified Party may seek indemnification, give prompt written
	notice to the Indemnifying Party of any liability which might give rise to a
	claim for indemnity; provided, however, that any failure to give such notice
	will not waive any rights of the Indemnified Party except to the extent the
	rights of the Indemnifying Party are materially prejudiced.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	The Indemnifying Party shall have the
	right, at its election, to take over the defense or settlement of such claim
	by giving written notice to the Indemnified Party at least 15 days prior to
	the time when an answer or other responsive pleading or notice with respect
	thereto is required.&nbsp; If the Indemnifying Party makes such election, it may
	conduct the defense of such claim through counsel of its choosing (subject
	to the Indemnified Party's approval of such counsel, which approval shall
	not be unreasonably withheld), shall be solely responsible for the expenses
	of such defense and shall be bound by the results of its defense or
	settlement of the claim. The Indemnifying Party shall not settle any such
	claim without prior notice to and consultation with the Indemnified Party,
	and no such settlement involving any equitable relief or which might have an
	adverse effect on the Indemnified Party may be agreed to without the prior
	written consent of the Indemnified Party (which consent shall not be
	unreasonably withheld). So long as the Indemnifying Party is diligently
	contesting any such claim in good faith, the Indemnified Party may pay or
	settle such claim only at its own expense and the Indemnifying Party will
	not be responsible for the fees of separate legal counsel to the Indemnified
	Party, unless the named Parties to any proceeding include both Parties or
	representation of both Parties by the same counsel would be inappropriate
	due to conflicts of interest or otherwise. If the Indemnifying Party does
	not make such election, or having made such election does not, in the
	reasonable opinion of the Indemnified Party proceed diligently to defend
	such claim, then the Indemnified Party may (after written notice to the
	Indemnifying Party), at the expense of the Indemnifying Party, elect to take
	over the defense of and proceed to handle such claim in its discretion and
	the Indemnifying Party shall be bound by any defense or settlement that the
	Indemnified Party may make in good faith with respect to such claim. In
	connection therewith, the Indemnifying Party will fully cooperate with the
	Indemnified Party should the Indemnified Party elect to take over the
	defense of any such claim. The Parties agree to cooperate in defending such
	third party claims and the Indemnified Party shall provide such cooperation
	and such access to its books, records and properties as the Indemnifying
	Party shall reasonably request with respect to any matter for which
	indemnification is sought hereunder; and the Parties hereto agree to
	cooperate with each other in order to ensure the proper and adequate defense
	thereof.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm">
		(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	With regard to claims of third parties
	for which indemnification is payable hereunder, such indemnification shall
	be paid by the Indemnifying Party upon the earlier to occur of: (i) the
	entry of a judgment against the Indemnified Party and the expiration of any
	applicable appeal period, or if earlier, five (5) days prior to the date
	that the judgment creditor has the right to execute the judgment; (ii) the
	entry of an non-appealable judgment or final appellate decision against the
	Indemnified Party; or (iii) a settlement of the claim. Notwithstanding the
	foregoing, the reasonable expenses of counsel to the Indemnified Party shall
	be reimbursed on a current basis by the Indemnifying Party. With regard to
	other claims for which indemnification is payable hereunder, such
	indemnification shall be paid promptly by the Indemnifying Party upon demand
	by the Indemnified Party.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		12.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>&nbsp;
		Limitation on Liability.</b></p>
	<p class="Z3" style="text-indent: 0cm; line-height: normal; layout-grid-mode: char; text-autospace: none; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
	(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	Subject to subsection 12.5(e), the maximum aggregate liability of
	each of the Kidoz Securities Holders for
	Losses suffered or
	incurred arising out of or relating to a breach or breaches of the Kidoz
	Representations, shall not exceed 10% of the value of the Shoal Games
	Exchange Shares actually received by such Kidoz Securities Holder,
	calculated as at the Share Exchange Time.&nbsp; Subject to subsection 12.5(e),
	the aggregate liability of each of the Kidoz Securities Holders
	to Shoal Games and its directors,
	officers, employees and agents and their respective successors and assigns
	under this Agreement for Losses suffered or incurred arising out of or
	relating to a breach or breaches of such Kidoz Securities Holders' Kidoz
	Securities Holder Representations shall not exceed the value of the Shoal
	Games Exchange Shares actually received by such Kidoz Securities Holder,
	calculated as at the Share Exchange Time.</p>
	<p class="Z3" style="text-indent: 0cm; line-height: normal; layout-grid-mode: char; text-autospace: none; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
	(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	It is hereby further clarified that each indemnifying Kidoz
	Securities Holder may elect to satisfy his, her or its indemnification
	amount either by payment of the indemnification amount in money or by
	surrender of the applicable number of Shoal Games Exchange Shares.</p>
	<p class="Z3" style="text-indent: 0cm; line-height: normal; layout-grid-mode: char; text-autospace: none; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
	(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	The Kidoz Representations shall survive for a period of 12 months
	following the Closing and the each of the Kidoz Securities Holder
	Representations shall survive for a period of 24 months following the
	Closing. No claim with respect to breach of representations shall be brought
	against any of the Kidoz Securities Holders following the expiration of the
	applicable survival period.</p>
	<p class="Z3" style="text-indent: 0cm; line-height: normal; layout-grid-mode: char; text-autospace: none; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
	(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	The Kidoz Securities Holders shall not be liable for any costs,
	losses, damages or expenses arising hereunder until the aggregate amount
	thereof exceeds U.S.$250,000 (the "Basket"); provided, however, that if such
	aggregate amount exceeds the Basket, then Shoal Games shall be entitled to
	indemnification for all such Losses, disregarding the Basket.</p>
	<p class="Z3" style="text-indent: 0cm; line-height: normal; layout-grid-mode: char; text-autospace: none; margin-left: 0cm">
	(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	Subsection 12.5(a) will not apply to limit the obligations and
	liability of any Kidoz Securities Holder for claims for fraud, willful
	misconduct or intentional misrepresentation by such Kidoz Securities Holder,
	or fraud, willful misconduct or intentional misrepresentation by Kidoz of
	which such Kidoz Securities Holder had Knowledge.</p>
	<p class="Z3" style="text-indent: 0cm; line-height: normal; layout-grid-mode: char; text-autospace: none; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 10.0pt">
	(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	Notwithstanding anything to the contrary contained in this Agreement,
	the parties hereby agree that, from and after the Closing, the
	indemnification set forth in this Section 12 shall be the sole and exclusive
	monetary remedies available to the parties in connection with this Agreement
	and with respect to any Losses incurred by any party in connection with this
	Agreement and the sole and exclusive remedy available to the parties for any
	such claims; provided that nothing herein shall preclude any party from: (a)
	seeking any remedy based upon fraud or intentional misrepresentation or (b)
	seeking any non-monetary remedy, including, without limitation, specific
	performance and/or injunctive relief.
	</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -77.75pt; line-height: normal; layout-grid-mode: char; margin-left: 77.75pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		Section 13.&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;&nbsp;&nbsp;<b>
	Miscellaneous Provisions.</b></p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		13.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	<b>Amendment.</b>&nbsp;
	This Agreement may be amended with the approval of the respective boards of
	directors of Kidoz and Shoal Games at any time and each of the Kidoz
	Securities Holders hereby consents to and agrees to be bound by each
	amendment made to this Agreement with such approvals.&nbsp; Provided that the
	applicable amendment does not have a Material Adverse Effect on the Kidoz
	Securities Holders or Kidoz or any of them, this Agreement may be amended
	with the approval of Eldad Ben Tora, acting for and on behalf of Kidoz and
	the Kidoz Securities Holders, and of a representative of Shoal Games to whom
	the requisite authority to do so has been delegated by its board of
	directors, acting for and on behalf of Shoal Games, and each of Kidoz and
	the Kidoz Securities Holders and Shoal Games hereby consents to and agrees
	to be bound by each such amendment made to this Agreement with such
	approvals. This Agreement may not be amended except by an instrument in
	writing signed on behalf of each of Kidoz and Shoal Games. </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		13.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		<b>Waiver.</b></p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 4.0pt">
		(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	No failure on the part of any party to
	exercise any power, right, privilege or remedy under this Agreement, and no
	delay on the part of any party in exercising any power, right, privilege or
	remedy under this Agreement, shall operate as a waiver of such power, right,
	privilege or remedy; and no single or partial exercise of any such power,
	right, privilege or remedy shall preclude any other or further exercise
	thereof or of any other power, right, privilege or remedy.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	No party shall be deemed to have waived
	any claim arising out of this Agreement, or any power, right, privilege or
	remedy under this Agreement, unless the waiver of such claim, power, right,
	privilege or remedy is expressly set forth in a written instrument duly
	executed and delivered on behalf of such party; and any such waiver shall
	not be applicable or have any effect except in the specific instance in
	which it is given.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		13.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		<b>Entire Agreement. </b>This Agreement and the ancillary documents referenced herein contain the
	whole agreement between the parties pertaining to the subject matter hereof
	and supersede all prior agreements, understandings, negotiations and
	discussions between and among the parties and there are no representations,
	warranties, covenants, conditions or other terms other than expressly
	contained in this Agreement and the ancillary documents referenced herein.
	&nbsp;In particular, upon the execution and delivery of this Agreement, the LOI
	is hereby terminated and of no further force and effect.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		13.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		<b>Governing Law; Venue.</b>
	&nbsp;Subject to the provisions of Section 13.5, this Agreement shall be solely
	governed by, and construed in accordance with, the laws of England and
	Wales, without giving effect to any other choice of law or conflict of law
	provision or rule (whether of England and Wales or otherwise) that would
	cause the application of the laws of any jurisdiction other than England and
	Wales.&nbsp; Any dispute arising under or in relation
	to this Agreement in respect of which only a remedy or remedies in equity
	is/are sought shall be resolved in, and the sole and exclusive jurisdiction
	in that regard shall be with the High Court in London, England, and each of
	the parties hereby in that regard submits irrevocably to the jurisdiction of
	such court.&nbsp; The parties hereby (i) consent to and grant any such court
	jurisdiction over the person of such parties and, to the extent permitted by
	law, over the subject matter of such dispute and agree that mailing of
	process or other papers in connection with any such action or proceeding in
	the manner provided in Section 13.9 of this Agreement or in such other
	manner as may be permitted by law shall be valid and sufficient service
	thereof, (ii) agree that they will not attempt to deny or defeat such
	jurisdiction by motion or other request for leave from any such court, and
	(iii) agree that they will not bring any action relating to this Agreement
	or the transactions contemplated hereby in which only a remedy or remedies
	in equity is/are sought in any court other than the High Court in London,
	England.&nbsp; Each party agrees that a final order in any action or proceeding
	in such court shall be conclusive and may be enforced in other jurisdictions
	by suit thereon or in any other manner provided by law. &nbsp;In the event of any
	conflict between the terms of this Section 13.4 and those of Section 13.5,
	the terms of Section 13.5 shall prevail.&nbsp; To remove any doubt, any dispute
	that arises during the arbitration process specified in Section 13.5
	regarding matters related to the arbitrator, the arbitration process and/or
	the award shall be subject to the terms of Section 13.5 and the rules
	therein specified, where the right authority per such rules shall be the
	Tribunal of Arbitration referenced therein or the High Court of Switzerland,
	as the case may be.&nbsp; </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		13.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		<b>Arbitration.</b>&nbsp;
	Any dispute, controversy or
	claim arising out of, or in relation to, this Agreement and/or any related
	document, including the validity, invalidity, breach or termination thereof,
	other than those in respect of which only a remedy or remedies in equity
	is/are sought pursuant to Section 13.4, shall be resolved by arbitration in
	accordance with the Swiss Rules of International Arbitration of the Swiss
	Chambers' Arbitration Institution in force on the date on which the
	applicable notice of arbitration is submitted in accordance with those
	rules. &nbsp;The number of arbitrators shall be one and the arbitrator shall be
	selected by both parties. &nbsp;The seat of the arbitration(s) shall be Zurich,
	Switzerland. &nbsp;The arbitral proceedings shall be conducted in English. &nbsp;Expenses
	of any and all such arbitration proceedings, including the arbitrator's fee,
	shall be borne by both parties equally.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		13.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		<b>Specific Performance; Remedies</b>.&nbsp;
	Each of Kidoz and Shoal Games agrees that irreparable damage would occur in
	the event that any of the provisions of this Agreement were not performed in
	accordance with their specific terms or were otherwise breached.&nbsp; It is
	accordingly agreed that each of Kidoz and Shoal Games shall be entitled to
	seek an injunction or injunctions to prevent breaches of this Agreement and
	to enforce specifically the terms and provisions of this Agreement, this
	being in addition to any other remedy to which such party is entitled at law
	or in equity.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		13.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		<b>Enurement.</b>&nbsp; This Agreement shall be
	binding upon, and shall be enforceable by and inure solely to the benefit
	of, the parties hereto and their respective heirs, executors,
	administrators, other legal representatives, successors and permitted
	assigns.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 7.0pt">
		13.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		<b>Assignability.</b>&nbsp;
	Neither this Agreement nor any of Kidoz's rights hereunder may be assigned
	by Kidoz without the prior written consent of Shoal Games, and any attempted
	assignment of this Agreement or any of such rights by Kidoz without such
	consent shall be void and of no effect.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		13.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>

		Notices.</b>&nbsp;
	Any notice or other communication required or permitted to be delivered to
	any party under this Agreement shall be in writing and shall be deemed
	properly delivered, given and received when delivered (by hand, by
	registered mail, by commercial courier or express delivery service by
	facsimile or by e-mail or e-mail attachment) to the address or facsimile
	telephone number or e-mail address set forth beneath the name of such party
	below or in Schedule "A", as applicable (or to such other address or
	facsimile telephone number or e-mail address as such party shall have
	specified in a written notice given to the other parties hereto):</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 4.0pt">
		(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	if to Shoal Games:</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		Shoal Games Ltd. (Attention: T.M. Williams)</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		Hansa Bank Building, Ground Floor </p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		Landsome Road, The Valley</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 2.0pt">
	AI 2640, Anguilla, BWI</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 2.0pt">
	Facsimile Number: +1 604-694-0301</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 3.0pt">
	E-mail Address: tarrnie@shoalgames.com</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: 36.0pt; line-height: normal; layout-grid-mode: char; margin-bottom: 3.0pt">
		with a copy to:</p>
	<p class="MsoNormal" style="text-align: justify; line-height: 13.0pt; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		Bruce H. Chapman</p>
	<p class="MsoNormal" style="text-align: justify; line-height: 13.0pt; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		Suite 410 - 325 Howe Street</p>
	<p class="MsoNormal" style="text-align: justify; line-height: 13.0pt; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		Vancouver, B.C. Canada V6C 1Z7</p>
	<p class="MsoNormal" style="text-align: justify; line-height: 13.0pt; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 2.0pt">
		Facsimile Number: +1 888-889-4784</p>
	<p class="MsoNormal" style="text-align: justify; line-height: 13.0pt; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		E-mail Address: bruce.chapman@chapmantaxlaw.com</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: 13.0pt; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 4.0pt">
		(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	if to Kidoz:</p>
	<p class="MsoNormal" style="text-align: justify; line-height: 13.0pt; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		Kidoz Ltd. (Attention: Eldad Ben Tora)</p>
	<p class="MsoNormal" style="text-align: justify; line-height: 13.0pt; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		Haomanut 12, Poleg Industrial Park</p>
	<p class="MsoNormal" style="text-align: justify; line-height: 13.0pt; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 2.0pt">
		Netanya, Israel</p>
	<p class="MsoNormal" style="text-align: justify; line-height: 13.0pt; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 3.0pt">
		E-mail Address: eldad@kidoz.net</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: 36.0pt; line-height: 13.0pt; layout-grid-mode: char; margin-bottom: 3.0pt">
	with a copy to:</p>
	<p class="MsoNormal" style="text-align: justify; line-height: 13.0pt; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		Zysman, Aharoni, Gayer &amp; Co. (Attention: Mor Limanovich)</p>
	<p class="MsoNormal" style="text-align: justify; line-height: 13.0pt; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		Beit Zion, 41-45 Rothschild Blvd</p>
	<p class="MsoNormal" style="text-align: justify; line-height: 13.0pt; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 2.0pt">
		Tel Aviv, Israel&nbsp; 6578401 </p>
	<p class="MsoNormal" style="text-align: justify; line-height: 13.0pt; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 2.0pt">
		Facsimile Number: +972-3-7955550</p>
	<p class="MsoNormal" style="text-align: justify; line-height: 13.0pt; layout-grid-mode: char; margin-left: 54.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		E-mail Address: morl@zag-sw.co.il</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: -36.0pt; line-height: normal; layout-grid-mode: char; margin-bottom: 9.0pt">
		(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	if to any of the Kidoz Securities
	Holders: address, facsimile telephone number or e-mail address set forth in
	Schedule "A".</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 8.0pt">
		13.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	<b>
	<u>

		Severability</u>.</b>&nbsp;
	If any provision of this Agreement or any part of any such provision is held
	under any circumstances to be invalid or unenforceable in any jurisdiction,
	then (a) such provision or part thereof shall, with respect to such
	circumstances and in such jurisdiction, be deemed amended to conform to
	applicable laws so as to be valid and enforceable to the fullest possible
	extent, (b) the invalidity or unenforceability of such provision or part
	thereof under such circumstances and in such jurisdiction shall not affect
	the validity or enforceability of such provision or part thereof under any
	other circumstances or in any other jurisdiction, and (c) the invalidity or
	unenforceability of such provision or part thereof shall not affect the
	validity or enforceability of the remainder of such provision or the
	validity or enforceability of any other provision of this Agreement. Each
	provision of this Agreement is separable from every other provision of this
	Agreement, and each part of each provision of this Agreement is separable
	from every other part of such provision. </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		13.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		<b>Construction.</b></p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	For purposes of this Agreement,
	whenever the context requires: the singular number shall include the plural,
	and vice versa; the masculine gender shall include the feminine and neuter
	genders; the feminine gender shall include the masculine and neuter genders;
	and the neuter gender shall include masculine and feminine genders.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	The parties hereto agree that any rule
	of construction to the effect that ambiguities are to be resolved against
	the drafting party shall not be applied in the construction or
	interpretation of this Agreement.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	As used in this Agreement, the words
	"include" and "including," and variations thereof, shall not be deemed to be
	terms of limitation, but rather shall be deemed to be followed by the words
	"without limitation."</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Except as otherwise indicated, all
	references in this Agreement to "Sections" and "Schedules" are intended to
	refer to Sections of this Agreement and Schedules to this Agreement.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	The bold-faced headings contained in
	this Agreement are for convenience of reference only, shall not be deemed to
	be a part of this Agreement and shall not be referred to in connection with
	the construction or interpretation of this Agreement.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Except as otherwise indicated, (i) all
	references in this Agreement to dollar amounts and to "$" are intended to
	refer to United States dollars, and (ii) all references in this Agreement to
	"NIS" are intended to refer to New Israeli Shekels.</p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 9.0pt">
		(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	The word "party" or "Party" shall,
	unless the context otherwise requires, be construed to mean a party to this
	Agreement.&nbsp; Any reference to a party to this Agreement or any other
	agreement or document contemplated hereby shall include such party's
	successors and permitted assigns. </p>
	<p class="ListParagraph" style="text-align: justify; text-indent: 0cm; line-height: normal; layout-grid-mode: char; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
		13.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		Execution by Counterparts. This Agreement may be signed manually or
	electronically in any number of counterparts, each of which when delivered,
	either by hand, mail, facsimile or other electronic method of transmission,
	shall be deemed to be an original and all of which together shall constitute
	one instrument.</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-bottom: 12.0pt">
		IN WITNESS WHEREOF, the parties have caused this Agreement to be executed as
	of the date first above written.</p>
	<b>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 24.0pt">
		SHOAL GAMES LTD.</p>
	</b>

	<u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
		by:&nbsp;&nbsp;
	&nbsp;/s/ T. M. Williams&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</p>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 0pt">
		Tryon M. Williams, </p>
<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 0pt">
		Executive Chairman</p>
	<u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 24.0pt">
		&nbsp;</p>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 24.0pt">
		<b>KIDOZ LTD.</b></p>
	<u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
		by:&nbsp;&nbsp;
		/s/ E. Ben Tora&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</p>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		Eldad Ben Tora, </p>
<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		Chief Executive Officer<br clear="all" style="page-break-before: always">
&nbsp;</p>
	<u>
	<b>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;</p>

	</b>

</u>

	<b>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		LOOL VENTURES LIMITED PARTNERSHIP</p>
	</b>

	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 3.0pt">
		by its General Partner:</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
		<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yaniv Golan&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		</u>
	</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 18.0pt">
		[<i>Name of General Partner</i>]</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
		by:&nbsp;&nbsp;
	<u>/s/ Yaniv Golan&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>&nbsp;&nbsp;
	</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Signature of Authorized Signatory</i>]</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<u>Yaniv Golan&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		</u>
	</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Name of Authorized Signatory</i>]</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>
	&nbsp;General Partner&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>&nbsp;&nbsp;&nbsp;&nbsp;
	</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 21.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Title of Authorized Signatory</i>]</p>
	<b>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 21.0pt">
		ORDAN ENTERPRISES LTD.</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
		by:
	<u>
	&nbsp;</u></b><u>&nbsp;&nbsp; /s/ Aryeh Mergi
	<b>
	&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;
	</p>
	</b>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 3.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Signature of Authorized Signatory</i>]</p>
	<b>
	<u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	</u>
	</b>

	<u>
		&nbsp;Aryeh Mergi&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>&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;
	</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 3.0pt">
	</b>

	</u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Name of Authorized Signatory</i>]</p>
	<u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	&nbsp;Director&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</p>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 21.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Title of Authorized Signatory</i>]</p>
	<b>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 21.0pt">
		COMPASS H.N.T. YAZAMUT LTD.</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
		by:&nbsp;&nbsp;
	<u>
	&nbsp;&nbsp;

	</u>
	</b>

	<u>
		/s/ Moshe David<b>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 3.0pt">
		&nbsp;</b></u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Signature of Authorized Signatory</i>]</p>
	<b>
	<u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	&nbsp;</u></b><u>Moshe David<b>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</p>
	</b>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 3.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Name of Authorized Signatory</i>]</p>
	<u>
	<b>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	&nbsp;</b>Founder and CEO<b>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</p>
	</b>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 21.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Title of Authorized Signatory</i>]</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 21.0pt">
		<b>NORMA INVESTMENT LTD.</b></p>
	<b>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
		by:&nbsp;&nbsp;
	&nbsp;&nbsp;<u>&nbsp;</u></b><u>/s/ Chrystalla Komodromou Stylla<b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</p>
	</b>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 3.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Signature of Authorized Signatory</i>]</p>
	<u>
	<b>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</b>Chrystalla Komodromou Stylla<b>&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;
	</p>
	</b>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 3.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Name of Authorized Signatory</i>]</p>
	<u>
	<b>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	&nbsp;</b>o/b of Thackeray Investmets Limited, Director&nbsp;<b>&nbsp;&nbsp;&nbsp;
	</p>
	</b>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 24.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Title of Authorized Signatory</i>]</p>
	<p class="MsoNormal" align="center" style="text-align: center; line-height: normal; layout-grid-mode: char; margin-left: -4.5pt; margin-right: -4.5pt; margin-top: 0cm; margin-bottom: .0001pt">
	This is
	Page 35 of the Agreement entered into December 21, 2018 among Shoal Games
	Ltd., Kidoz Ltd. and the Kidoz Securities Holders (as therein defined), as
	amended January 18, 2019 and February 28, 2019</p>
	<u>
	<b>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;</p>

	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
	&nbsp;</p>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 21.0pt">
		ERLINAD HOLDINGS LTD.</p>
	<u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
		by:&nbsp;&nbsp;
	&nbsp;&nbsp;&nbsp;</u></b><u>/s/ Georgres Chr Kyrov&nbsp; /s/ Dvaid
		Davidovich <b>
		&nbsp;
	</p>
	</b>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 3.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Signature of Authorized Signatory</i>]</p>
	<u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;Georgres Chr Kyrov&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	&nbsp;Dvaid Davidovich&nbsp;
	</p>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 3.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Name of Authorized Signatory</i>]</p>
	<u>
	<b>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;</b></u><u>&nbsp;Director&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;Director&nbsp;&nbsp;<b>&nbsp;
	</p>
	</b>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 24.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Title of Authorized Signatory</i>]</p>
	<u>
	<b>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 21.0pt">
		SMART VENTURES CAPITAL LIMITED</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
		by:&nbsp;&nbsp;
	&nbsp;&nbsp;&nbsp;&nbsp;/</b>s/ Eirini Boulitsidou&nbsp;<b>&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;
	</p>
	</b>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 3.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Signature of Authorized Signatory</i>]</p>
	<u>
	<b>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	&nbsp;</b>Eirini Boulitsidou<b>&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;
	</p>
	</b>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 3.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Name of Authorized Signatory</i>]</p>
	<u>
	<b>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	&nbsp;&nbsp;&nbsp;</b>Director&nbsp;<b>&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;
	</p>
	</b>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 36.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Title of Authorized Signatory</i>]</p>
	<u>
	<b>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		&nbsp;</p>
	</b>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Gai Havkin&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 36.0pt">
		GAI HAVKIN</p>
	<u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;/s/ Anita Leviant&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 36.0pt">
	ANITA LEVIANT</p>
	<u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Dov Moran&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 36.0pt">
		DOV MORAN</p>
	<u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Moshe David&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 36.0pt">
		MOSHE DAVID</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-right: 0cm; margin-top: 0cm; margin-bottom: 24.0pt">
	This is
	Page 36 of the Agreement entered into December 21, 2018 among Shoal Games
	Ltd., Kidoz Ltd. and the Kidoz Securities Holders (as therein defined), as
	amended January 18, 2019 and February 28, 2019</p>
	<u>
	<b>
<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;</p>

	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
	&nbsp;</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 12.0pt">
	&nbsp;</p>
	</b>

	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 12.0pt; margin-bottom: 1.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Yair Nechmad&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 36.0pt">
		YAIR NECHMAD</p>
	<u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;/s/ Doron Tamir&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 36.0pt">
		DORON TAMIR</p>
	<u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Uri Shomromi&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 30.0pt">
		URI SHOMROMI</p>
	<u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Aryeh Mergi&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 30.0pt">
		ARYEH MERGI</p>
	<b>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 21.0pt">
		ESOP TRUST &amp; MANAGEMENT SYSTEMS LTD., as trustee engaged pursuant to the
	Kidoz ESOP, for each of those beneficial holders specified in Schedule "A"</p>


	<u>
	<b>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 2.0pt">
		by:&nbsp;&nbsp; /s/ Odelia Pollak   /s/ Sarit Foox<u>
	&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</u> </p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 3.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Signature of Authorized Signatory</i>]</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>
	&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</u>Odelia Pollak  and Sarit Foox</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Name of Authorized Signatory</i>]</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>
	&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</u>CEO</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [<i>Title of Authorized Signatory</i>]</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 0.0pt">
	&nbsp;</p>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
	&nbsp;</p>


	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Roostam Tiger&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 36.0pt">
		ROOSTAM TIGER</p>
	<u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 1.0pt">
		&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Orey Gilliam&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p>

	</u>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 30.0pt">
		OREY GILLIAM</p>
	<u>
	<b>
	<p class="MsoNormal" style="text-align: justify; line-height: normal; layout-grid-mode: char; margin-left: 216.0pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 6.0pt">
	&nbsp;</p>
	</b>

	</u>
	<p class="MsoNormal" align="center" style="text-align: center; line-height: normal; layout-grid-mode: char; margin-left: -4.5pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: .0001pt">
	This is
	Page 37 of the Agreement entered into December 21, 2018 among Shoal Games
	Ltd., Kidoz Ltd. and the Kidoz Securities Holders (as therein defined), as
	amended January 18, 2019 and February 28, 2019</p>
	<u>
	<b>
	<p class="MsoNormal" style="line-height: normal; layout-grid-mode: char; margin-bottom: 12.0pt">
	&nbsp;
	<p class="MsoNormal" style="mso-pagination: none; mso-layout-grid-align: none; text-autospace: none; border-bottom-style: solid">&nbsp;</p>

	<p class="MsoNormal" style="line-height: normal; layout-grid-mode: char; margin-bottom: 12.0pt">
<br clear="all" style="page-break-before: always">
&nbsp;
	<p class="MsoNormal" align="center" style="text-align:center"><b>
		SCHEDULE "A"</b></p>
	<p class="MsoNormal" align="center" style="text-align:center"><b><u>
		KIDOZ SECURITIES HOLDERS AND SECURITIES HELD</u></b></p>
	<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt">
	&nbsp;</p>
	<table class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: medium none" id="table5">
		<tr style="page-break-inside: avoid">
			<td width="385" valign="top" style="width: 288.9pt; border: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						Name and Address</b></p>
			<p class="MsoNormal" style="margin-bottom:6.0pt;line-height:normal">
			<b>
						of Kidoz Securities Holder</b></td>
			<td width="240" valign="top" style="width: 180.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: 1.0pt solid windowtext; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0cm;margin-bottom:
  6.0pt;margin-left:0cm;line-height:normal"><b>
						Securities Held at Date of this Agreement </b></td>
		</tr>
		<tr style="page-break-inside: avoid; height: 44.5pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 44.5pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						Gai Havkin</b></p>
			Israel</p>
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  2.0pt;margin-left:0cm;line-height:normal">
						[Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 44.5pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						4,950,000 Ordinary Shares</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 44.5pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 44.5pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						Anita Leviant</b></p>
			 Israel</p>
			<p class="MsoNormal" style="margin-bottom:3.0pt;line-height:normal">
						[Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 44.5pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						50,000 Ordinary Shares</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 44.5pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 44.5pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						Yair Nechmad</b></p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			 Israel</p>
			<p class="MsoNormal" style="line-height: normal; margin-left: 0cm; margin-right: 0cm; margin-top: 3.0pt; margin-bottom: 2.0pt">
						[Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 44.5pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						500,000 Ordinary Shares</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 44.5pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 44.5pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						Doran Tamir</b></p>
			 Israel</p>
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  2.0pt;margin-left:0cm;line-height:normal">
						[Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 44.5pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						500,000 Ordinary Shares</td>
		</tr>
		<tr style="page-break-inside: avoid">
			<td width="385" valign="top" style="width: 288.9pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						Lool Ventures Limited Partnership</b></p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			Israel</p>
			<p class="MsoNormal" style="margin-bottom:3.0pt;line-height:normal">
						[Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						4,122,012 Preferred Shares</p>
			<p class="MsoNormal" style="margin-bottom:6.0pt;line-height:normal">
						(bearing A conversion rights)</p>
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						764,500 Preferred Shares</p>
			<p class="MsoNormal" style="margin-bottom:6.0pt;line-height:normal">
						(bearing A4 conversion rights)</td>
		</tr>
		<tr style="page-break-inside: avoid">
			<td width="385" valign="top" style="width: 288.9pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						Ordan Enterprises Ltd.</b></p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			Israel</p>
			<p class="MsoNormal" style="margin-bottom:3.0pt;line-height:normal">
						[Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						5,262,064 Preferred Shares</p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			(bearing A conversion rights)</td>
		</tr>
		<tr style="page-break-inside: avoid">
			<td width="385" valign="top" style="width: 288.9pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						Dov Moran</b></p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			 Israel</p>
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  2.0pt;margin-left:0cm;line-height:normal">
						[Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						1,236,603 Preferred Shares</p>
			<p class="MsoNormal" style="margin-bottom:6.0pt;line-height:normal">
						(bearing A conversion rights)</p>
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						350,323 Preferred Shares</p>
			<p class="MsoNormal" style="margin-bottom:6.0pt;line-height:normal">
						(bearing A4 conversion rights)</td>
		</tr>
		<tr style="page-break-inside: avoid">
			<td width="385" valign="top" style="width: 288.9pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						Uri Shomromi</b></p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			 Israel</p>
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						[Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						865,623 Preferred Shares</p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			(bearing A conversion rights)</td>
		</tr>
		<tr style="page-break-inside: avoid">
			<td width="385" valign="top" style="width: 288.9pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						Moshe David</b></p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			 Israel</p>
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						[Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						329,761 Preferred Shares</p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			(bearing A conversion rights)</td>
		</tr>
		<tr style="page-break-inside: avoid">
			<td width="385" valign="top" style="width: 288.9pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						Compass H.N.T. Yazamut Ltd.</b></p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			Israel</p>
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						[Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						206,101 Preferred Shares</p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			(bearing A conversion rights)</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 44.5pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 44.5pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						Norma Investment Ltd.</b></p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			 Russia</p>
			<p class="MsoNormal" style="margin-bottom:3.0pt;line-height:normal">
						[Tax Resident of British Virgin Islands]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 44.5pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						2,571,429 Preferred Shares</p>
			<p class="MsoNormal" style="margin-bottom:3.0pt;line-height:normal">
						(bearing A1 conversion rights)</p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			2,101,936 Preferred Shares</p>
			<p class="MsoNormal" style="margin-bottom:5.0pt;line-height:normal">
						(bearing A3 conversion rights)</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 44.5pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 44.5pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						Erlinad Holdings Ltd.</b></p>
			<p class="MsoNormal" style="margin-bottom:2.0pt;line-height:normal">
						 B.V.I.</p>
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  2.0pt;margin-left:0cm;line-height:normal">
						[Tax Resident of British Virgin Islands]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 44.5pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						285,714 Preferred Shares</p>
			<p class="MsoNormal" style="margin-bottom:3.0pt;line-height:normal">
						(bearing A1 conversion rights)</p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			233,548 Preferred Shares</p>
			<p class="MsoNormal" style="margin-bottom:5.0pt;line-height:normal">
						(bearing A3 conversion rights)</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 30.1pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 30.1pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						Smart Ventures Capital Limited</b></p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			 Cyprus</p>
			<p class="MsoNormal" style="margin-bottom:3.0pt;line-height:normal">
						[Tax Resident of Cyprus]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 30.1pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						2,334,267 Preferred Shares</p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			(bearing A2 conversion rights)</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 31.0pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 31.0pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						Aryeh Mergi</b></p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			Israel</p>
			<p class="MsoNormal" style="margin-bottom:3.0pt;line-height:normal">
						[Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 31.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						764,500 Preferred Shares</p>
			<p class="MsoNormal" style="margin-bottom:6.0pt;line-height:normal">
						(bearing A4 conversion rights)</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 31.0pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 31.0pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						Roostam Tiger</b></p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			Israel</p>
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  3.0pt;margin-left:0cm;line-height:normal">
						[Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 31.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						168,664 Ordinary Shares</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 31.0pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 31.0pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						Orey Gilliam</b></p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			Israel</p>
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  3.0pt;margin-left:0cm;line-height:normal">
						[Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 31.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						101,010 Ordinary Shares</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 31.0pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 31.0pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						ESOP Trust and Management Services Ltd. for the benefit of Eldad Ben
			Tora</b></p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			Israel</p>
			<p class="MsoNormal" style="margin-bottom:2.0pt;line-height:normal">
						[Beneficiary is Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 31.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						&nbsp;3,164,812 Ordinary Shares</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 31.0pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 31.0pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						ESOP Trust and Management Services Ltd. for the benefit of Evgeny
			Pistonovithc</b></p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">		 Israel</p>
			<p class="MsoNormal" style="margin-bottom:2.0pt;line-height:normal">
						[Beneficiary is Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 31.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						30,975 Ordinary Shares</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 31.0pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 31.0pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						ESOP Trust and Management Services Ltd. for the benefit of Roni
			Brosh</b></p>
						Israel </p>
			<p class="MsoNormal" style="line-height: normal; margin-bottom: 2.0pt">
						[Beneficiary is Tax Resident of Israel]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
			</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 31.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						39,423 Ordinary Shares</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 31.0pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 31.0pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						ESOP Trust and Management Services Ltd. for the benefit of Eyal
			Visoker</b></p>
					Israel </p>
			<p class="MsoNormal" style="margin-bottom:2.0pt;line-height:normal">
						[Beneficiary is Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 31.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			42,239 Ordinary Shares</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 31.0pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 31.0pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						ESOP Trust and Management Services Ltd. for the benefit of Dov Moran</b></p>
			 Israel</p>
			<p class="MsoNormal" style="margin-bottom:2.0pt;line-height:normal">
						[Beneficiary is Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 31.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			608,512 Ordinary Shares</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 31.0pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 31.0pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						ESOP Trust and Management Services Ltd. for the benefit of Josef&nbsp;
			Mendelbaum</b></p>
			 Israel</p>
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  2.0pt;margin-left:0cm;line-height:normal">
						[Beneficiary is Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 31.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			297,670 Ordinary Shares</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 31.0pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 31.0pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						ESOP Trust and Management Services Ltd. for the benefit of Hanna
			Peretz</b></p>
			Israel</p>
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  2.0pt;margin-left:0cm;line-height:normal">
						[Beneficiary is Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 31.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			27,033 Ordinary Shares</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 31.0pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 31.0pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						ESOP Trust and Management Services Ltd. for the benefit of Lev Firer</b></p>
			 Israel</p>
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  2.0pt;margin-left:0cm;line-height:normal">
						[Beneficiary is Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 31.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			13,517 Ordinary Shares</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 31.0pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 31.0pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						ESOP Trust and Management Services Ltd. for the benefit of Fiodor
			Gherasimenco</b></p>
			 Israel</p>
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  2.0pt;margin-left:0cm;line-height:normal">
						[Beneficiary is Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 31.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						15,770 Ordinary Shares</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 31.0pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 31.0pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						ESOP Trust and Management Services Ltd. for the benefit of Rina
			Zholobov</b></p>
			Israel</p>
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  2.0pt;margin-left:0cm;line-height:normal">
						[Beneficiary is Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 31.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						12,390 Ordinary Shares</td>
		</tr>
		<tr style="page-break-inside: avoid; height: 31.0pt">
			<td width="385" valign="top" style="width: 288.9pt; height: 31.0pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal"><b>
						ESOP Trust and Management Services Ltd. for the benefit of Ryan
			Lexer</b></p>
			<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;line-height:
  normal">			 Israel</p>
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  2.0pt;margin-left:0cm;line-height:normal">
						[Beneficiary is Tax Resident of Israel]</td>
			<td width="240" valign="top" style="width: 180.0pt; height: 31.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0cm; padding-bottom: 0cm" bgcolor="#00FFFF">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0cm;margin-bottom:
  0cm;margin-left:0cm;margin-bottom:.0001pt;line-height:normal">
						7,884 Ordinary Shares</td>
		</tr>
	</table>
	<p class="MsoNormal">&nbsp;</p>
	<p class="MsoNormal">&nbsp;
<br clear="all" style="page-break-before: always">
&nbsp;
	<p class="MsoNormal" align="center" style="text-align:center"><b>
		SCHEDULE "B"</b></p>
	<p class="MsoNormal" align="center" style="margin-bottom:24.0pt;text-align:center;
line-height:normal"><b><u>
		REPRESENTATIONS AND WARRANTIES OF KIDOZ</u></b></p>
	</b>

	</u>
	<p class="MsoNormal" style="line-height:normal">

	Kidoz represents and warrants to Shoal Games that:</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Organization and Qualification.&nbsp;
	Kidoz is a private company duly incorporated and validly existing under the
	laws of the State of Israel and has the corporate power and authority to own
	its assets and conduct its business as now owned and conducted and no steps
	or proceedings have been taken by any Person, voluntary or otherwise, to
	strike Kidoz from the Registry of Companies or requiring or authorizing the
	dissolution or winding up of Kidoz.&nbsp; Kidoz is duly qualified, licensed or
	registered to conduct business and is in good standing in each jurisdiction
	in which its assets are located or it conducts business, and has all
	necessary governmental licenses, authorizations, permits, consents and
	approvals required to own, lease and operate its properties and assets and
	to carry on its business as now conducted, except for those licenses,
	authorizations, permits, consents and approvals the absence of which do not
	have and would not be reasonably expected to have, individually or in the
	aggregate, a Material Adverse Effect with respect to Kidoz.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(b)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Corporate Authorization.&nbsp;
	The execution, delivery and performance by Kidoz of the agreement to
	which this schedule is attached (referred to in this schedule as "the
	Agreement")

	and the consummation by Kidoz of each of the transactions contemplated
	thereby are within Kidoz' corporate powers and have been duly authorized by
	all necessary corporate action on the part of Kidoz, and no other corporate
	proceedings on the part of Kidoz are necessary to authorize the Agreement or
	any of the transactions contemplated thereby.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(c)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Directors' Approvals.&nbsp;
	At a meeting duly called and held prior to the execution of the Agreement in
	compliance with the requirements of Israeli Companies Law and the Kidoz
	Charter documents, the Kidoz Board has unanimously: (i) determined that the
	Agreement and the transactions contemplated thereby are the best interests
	of Kidoz; and (ii) approved the entering into of the Agreement and the
	consummation by Kidoz of each of the transactions contemplated thereby.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(d)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	No Conflict.&nbsp;
	The execution, delivery and performance by Kidoz of the Agreement and the
	consummation by Kidoz of each of the transactions contemplated thereby, all
	in accordance with the terms and conditions hereof, do not and will not (or
	would not with the giving of notice, the lapse of time or the happening of
	any other event or condition), violate, conflict with or result in a breach
	of, or permit the termination, cancellation, acceleration or other change of
	any right or obligationunder:</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(i)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	any of the articles, by-laws or other constating documents of Kidoz or any
	resolution adopted by the shareholders, board of directors or any committee
	of the board of directors of Kidoz;</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(ii)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	any Kidoz Material Contract;</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(iii)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	except for compliance with applicable Securities Laws, any statute, rule,
	regulation or Law applicable to Kidoz;	and</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(iv)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	any provision of any applicable Law or any license, approval, consent or
	authorization issued by a Governmental Entity held by Kidoz,</p>
	<p class="MsoNormal" style="margin-left:27.0pt;text-align:justify;line-height:
normal;text-autospace:none">

	with such exceptions, in the case of each of subclauses (ii) through (iv),
	as would not reasonably be expected to have, individually or in the
	aggregate, a Material Adverse Effect with respect to Kidoz.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(e)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Third Party Consents.&nbsp;
	No consent, waiver or approval from any other party to any of the Kidoz
	Material Contracts is: (i) required to be obtained by Kidoz in connection
	with the execution, delivery and performance by Kidoz of the Agreement or
	the consummation of any of the transactions contemplated thereby, or (ii)
	required in order to maintain the Kidoz Material Contracts in full force and
	effect immediately after the consummation of the transactions contemplated
	by the Agreement, except for such consents, the absence of which would not
	be reasonably expected to have, individually or in the aggregate, a Material
	Adverse Effect with respect to Kidoz.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(f)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Governmental Approvals.&nbsp;
	The execution, delivery and performance by Kidoz of the Agreement and the
	consummation by Kidoz of the transactions contemplated thereby require no
	consent, waiver or approval or any action by or in respect of, or filing
	with, or notification to, any Governmental Entity by Kidoz other than
	consents, waivers, approvals, actions or filings or notifications, the
	absence of which would not be reasonably expected to have, individually or
	in the aggregate, a Material Adverse Effect with respect to Kidoz.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(i)&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;&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;

	Execution and Binding Obligation.&nbsp;
	The Agreement has been duly executed and delivered by Kidoz, and constitutes
	a legal, valid and binding agreement enforceable against	it in	accordance with	its terms,	except as	such enforceability' may be	limited by: (i) applicable
	bankruptcy, insolvency, reorganization or other Laws of general application
	relating to or affecting the enforcement of creditors' rights generally, and
	(ii) the discretion that a Court may exercise in the granting of
	extraordinary remedies such as specific performance and injunction.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(g)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Authorized and Issued Capital.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.35pt; line-height: normal; text-autospace: none; margin-left: 54.7pt">
	<b>
	(i)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</b>

	The authorized capital of Kidoz is
	NIS 530,000, divided into 26,000,000
		Kidoz
		Ordinary
		Shares,
	of which 9,575,961 shares have been issued and are outstanding as of the
	date of this Agreement, and 27,000,000
		Kidoz
	Preferred
		Shares,
	of which
		19,549,058
	shares have been issued and are outstanding as of the date of this
	Agreement.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.35pt; line-height: normal; layout-grid-mode: char; text-autospace: none; margin-left: 54.7pt">

	(ii)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	All of Kidoz Shares which are issued and outstanding as of the date of the
	Agreement are validly issued as fully paid and non-assessable and all of the
	Kidoz Shares which will be issued and outstanding at the Share Exchange Time
	will be validly issued as fully paid and non-assessable.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(iii)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Except for the Kidoz Convertible Loans, there are as of the date of the
	Agreement no bonds, debentures or other evidences of indebtedness
	outstanding that have the right to vote (or that are convertible or
	exercisable for securities having the right to vote) with holders of Kidoz
	Shares on any matter, and at the Share Exchange Time there will be no bonds,
	debentures or other evidences of indebtedness of outstanding that have the
	right to vote (or that are convertible or exercisable for securities having
	the right to vote) with holders of Kidoz Shares on any matter.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(iv)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Except for outstanding Kidoz Options granted under and in accordance with
	the Kidoz ESOP, the conversion rights attaching to the Kidoz Convertible
	Loans, and any inchoate rights under the Kidoz ESOP to be granted options to
	purchase Ordinary shares of Kidoz, there are as of the date of the Agreement
	no options, warrants, conversion privileges or other rights, agreements,
	arrangements or commitments (pre-emptive, contingent or otherwise) of any
	kind that obligate Kidoz to issue or sell any shares of capital stock or
	other securities of Kidoz or any securities or obligations convertible or
	exchangeable into or exercisable for, or giving any Person a right to
	subscribe for or acquire, any securities of Kidoz, and except for
	outstanding Kidoz Options granted under and in accordance with the Kidoz
	ESOP there will at the Share Exchange Time be no options, warrants,
	conversion privileges or other rights, agreements, arrangements or
	commitments (pre-emptive, contingent or otherwise) of any kind that obligate
	Kidoz to issue or sell any shares of capital stock or other securities of
	Kidoz or any securities or obligations convertible or exchangeable into or
	exercisable for, or giving any Person a right to subscribe for or acquire,
	any securities of Kidoz.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(v)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	All outstanding securities of Kidoz have been issued in material compliance
	with all applicable Laws, including Securities Laws.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(vi)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	All of the Kidoz Options outstanding as of the date of the Agreement which
	are to be exercised at or prior to Closing and (A) the number of Kidoz
	Shares issuable upon the exercise thereof and (B) the purchase price payable
	therefor upon the exercise thereof are set forth in Schedule "A" to the
	Agreement.&nbsp; All grants of outstanding Kidoz Options were validly issued and
	properly approved by Kidoz' Board in compliance in all material respects
	with all Laws and the Kidoz ESOP and recorded on Kidoz' financial statements
	in accordance with Israeli GAAP.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(vii)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz has delivered to Shoal Games a true and complete copy of the Kidoz
	ESOP and, other than as therein provided, there are no contracts,
	commitments, agreements, arrangements or understandings between: (A) Kidoz
	on the one hand and (B) any current holder Kidoz Options or any other
	convertible securities of Kidoz on the other, which would result in any such
	security vesting solely as a result of the consummation of the transactions
	contemplated by the Agreement.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(viii)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	No dividends or distributions of a similar nature have been declared or
	authorized on any of the securities of Kidoz.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(h)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Charter Documents,&nbsp;

	Kidoz has delivered to Shoal
	Games accurate and complete copies of the memorandum of association and
	articles of association and other charter and organizational documents of
	Kidoz, including all amendments thereto, in each case as in effect as of the
	date of this Agreement (the "Charter Documents").&nbsp; There has not been any
	material violation of any of the provisions of any of the Charter Documents.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(i)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Corporate Records.&nbsp;
	The corporate records and minute books of Kidoz are in material compliance
	with applicable Laws and contain complete and accurate records of all
	meetings and other corporate actions of the shareholder of Kidoz, the Kidoz
	Board and any committees thereof.&nbsp;
	Kidoz has not taken any action
	that is inconsistent in any material respect with any resolution adopted by
	the shareholders or Kidoz, Kidoz Board or any committee thereof.&nbsp; At the
	Share Exchange Time, all such

	corporate records and minute books of Kidoz
	will be in the possession of Kidoz.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(j)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Shareholders' and Similar Agreements.
	Kidoz is not subject to any unanimous shareholders agreement and is not a
	party to any shareholder, pooling, voting, voting trust or other similar
	arrangement or agreement relating to the ownership or voting of any of the
	securities of Kidoz or pursuant to which any Person may have any right or
	claim in connection with any existing or past equity interest in Kidoz and
	Kidoz has not adopted a shareholders' rights plan or any similar plan or agreement.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(k)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Subsidiaries.&nbsp;
	There are no Persons in which Kidoz owns or controls, directly or
	indirectly, any material equity or proprietary interest.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(l)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Auditors.&nbsp;
	To the Knowledge of Kidoz, Kidoz' auditors, who audited the Kidoz Financial
	Statements and provided their audit report thereon, were, at all relevant
	times, independent public accountants.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(m)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Disclosure Controls and Internal Control over Financial
	Reporting.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz maintains a system of internal accounting controls sufficient to
	provide reasonable assurance that: (A) transactions are executed in
	accordance with management's general or specific authorization and (B)
	transactions are recorded as necessary to permit preparation of financial
	statements in conformity with Israeli GAAP and to maintain accountability
	for assets; and</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(ii)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	To the knowledge of Kidoz, as of the date of the Agreement, there is no
	fraud that involves management or any other employees who have a significant
	role in the internal control over financial reporting of Kidoz.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(n)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Financial Statements.&nbsp;
	</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	The Kidoz Financial Statements: (A) comply as to form in all material
	respects with all Legal Requirements applicable thereto; (B) were prepared
	in accordance with Israeli GAAP applied on a consistent basis throughout the
	periods covered (except as may be indicated in the notes to such financial
	statements; and (C) fairly present, in all material respects, the financial
	position of Kidoz as of the respective dates thereof and the results of
	operations, changes in shareholders' equity and cash flows of Kidoz for the
	periods covered thereby.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz has delivered to Shoal Games an unaudited statement of cash flows of
	Kidoz, month by month for the ten (10) month period ended October 31, 2018,
	prepared by the management of Kidoz (the "Kidoz 2018 Statement of Cash
	Flows".&nbsp; The Kidoz 2018 Statement of Cash Flows fully and accurately
	presents, in all material respects, the cash flows of Kidoz for the ten (10)
	month period ended October 31, 2018.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	To&nbsp; Kidoz's Knowledge, there are no governmental inquiries or investigations
	pending or threatened regarding any accounting practice of Kidoz. Kidoz is
	in compliance in all material respects with the corporate governance and
	other requirements of the Israeli Companies Law.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Neither Kidoz nor, to the Knowledge of Kidoz, any director, officer, auditor
	or accountant of Kidoz has received or otherwise had or obtained knowledge
	of any material complaint, allegation, assertion or claim, whether written
	or oral, regarding the accounting or auditing practices, procedures,
	methodologies or methods of Kidoz or its internal accounting controls,
	including any material complaint, allegation, assertion or claim that Kidoz
	has engaged in questionable accounting or auditing practices.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(o)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Absence of Certain Changes or Events.&nbsp;
	Since the date of the Kidoz Unaudited Interim Balance Sheet the business of
	Kidoz has been conducted, in all material respects, in the ordinary course,
	consistent with past practice, and, other than the transactions contemplated
	by the Agreement, there has not been any event, occurrence, fact, effect or
	circumstance that has had or would reasonably be expected to have,
	individually or in the aggregate, a Material Adverse Effect with respect to
	Kidoz.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(p)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Accounts Receivable.
	All existing accounts receivable of Kidoz, including without limitation
	those accounts receivable reflected on Kidoz Unaudited Interim Balance Sheet
	that have not yet been collected and those accounts receivable that have
	arisen since October 31, 2018 and have not yet been collected, (i) represent
	valid obligations of customers of Kidoz arising from bona fide transactions
	entered into in the ordinary course of business and (ii) are current.&nbsp; Kidoz
	currently expects all such currently existing accounts receivable to be
	collected in full when due, without any counterclaim or set off (net of an
	allowance for doubtful accounts not to exceed US$50,000).</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(q)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	No Undisclosed Liabilities.&nbsp;&nbsp;
	Kidoz has no material outstanding liabilities of the type required to be
	reflected as liabilities on a balance sheet prepared in accordance with
	Israeli GAAP, or obligations of any kind whatsoever, whether accrued,
	contingent, absolute, determined, determinable or otherwise, other than (i)
	liabilities or obligations incurred in the ordinary course and which are not
	material since the date of the Kidoz Unaudited Interim Financial Statements,
	and (ii) liabilities or obligations that would not be reasonably expected to
	have, individually or in the aggregate, a Material Adverse Effect with
	respect to Kidoz.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(r)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Books and Records.&nbsp;
	All accounting and financial books and records of Kidoz have been maintained
	in accordance with sound business
	practices.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(s)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Compliance with Laws and Licenses.
	Kidoz and the operation of its business are in compliance with all Laws
	applicable to them, and Kidoz has not received written notice,
	correspondence or warning of any alleged violation, offence or breach of,
	and, to the Knowledge of Kidoz, Kidoz is not under investigation	or subject	to any Legal Proceeding or
	complaint with respect
	to and
	has not
	been threatened to be charged with or notified of any alleged
	violation, offence or breach of, any Law applicable to it.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(t)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Data Privacy and Security.&nbsp;&nbsp;

		Kidoz' data privacy and security policies are designed in a manner to enable
	Kidoz to comply with all applicable Legal Requirements and Kidoz complies
	with all such Legal Requirements. To Kidoz's Knowledge, Kidoz has complied
	in all material respects with all applicable Laws governing the receipt,
	collection, use, storage, processing, sharing, security, disclosure or
	transfer of personal information that is possessed by or otherwise subject
	to the control of Kidoz.&nbsp; Except for disclosures of information required by
	Law, authorized by the provider of personal information or provided for in
	Kidoz' privacy policies, Kidoz has not sold, rented or otherwise made
	available, and does not sell, rent or otherwise make available, to third
	parties any personal information.&nbsp;

	Kidoz has not been notified in writing of and, to the knowledge of Kidoz,
	Kidoz is not the subject of, any complaint, regulatory investigation or
	proceeding related to data security or privacy.
	No claims have been asserted or threatened, or are reasonably expected to be
	asserted or threatened, with respect to personal information possessed by or
	otherwise subject to the control of Kidoz.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(u)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Litigation.&nbsp;
	There is no Legal Proceeding now pending or, to the knowledge of Kidoz,
	threatened against Kidoz, which (i) if adversely determined, would
	reasonably be expected to have, individually or in the aggregate, a Material
	Adverse Effect with respect to Kidoz, or (ii) would restrain, enjoin or
	otherwise prohibit or materially delay or otherwise materially and adversely
	affect the&nbsp; consummation of the transactions contemplated by the Agreement.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

	(v)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

	Tax Matters.&nbsp;&nbsp;
	</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz has (i) timely filed, after taking into account any extension of time
	within which to file, all Tax Returns required to be filed by it, which Tax
	Returns were complete, accurate and correct in all material respects; and
	(ii) timely paid all Taxes due and owing, whether or not shown to be due on
	such Tax Returns.&nbsp; No deficiencies for any amount of Taxes have been
	proposed, asserted or assessed against Kidoz as of the date hereof, and no
	requests for waivers of the time to assess any such Taxes are pending or
	have been granted.&nbsp; No written claim has been made by a Governmental Entity
	in a jurisdiction where Kidoz does not file a Tax Return that Kidoz is
	subject to taxation by that jurisdiction.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	No examination or audit of any Tax Return of Kidoz or any administrative or
	judicial proceeding in respect of any amount of Tax is currently in progress
	or, to Kidoz's Knowledge, threatened.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz has not participated in any transaction that is a "reportable
	transaction" under Israeli Tax Ordinance section 131(g) and the regulations
	promulgated thereunder.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	There is no Encumbrance for Taxes on any of Kidoz's assets other than liens
	for Taxes not yet due or the amount or validity of which is being contested
	in good faith by appropriate proceedings and for which adequate accruals or
	reserves have been established on the financial statements in accordance
	with Israeli GAAP. </p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz is tax resident only in Israel.&nbsp; Kidoz is managed and controlled from
	Israel.&nbsp; Kidoz does not have nor has it ever had a permanent or fixed
	establishment, branch, residence or other taxable presence, as defined in
	any applicable Tax treaty, law or regulation in any country other than
	Israel.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	In relation to goods and services tax or value added or other similar Tax,
	Kidoz: (i) has been duly registered and is a taxable person; (ii) has
	complied, in all material respects, with all statutory requirements, orders,
	provisions, directives or conditions; and (iii) has not been required by the
	relevant authorities of customs and excise to give security.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz has complied in all respects with information reporting and all
	applicable Laws relating to the payment and withholding of Taxes from
	payments made or deemed made to any Person and have duly and timely withheld
	and paid over to the appropriate Governmental Entity all amounts required to
	be so withheld and paid under all applicable Laws.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(viii)&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz is duly registered for the purposes of Israeli value added tax and has
	complied in all material respects with all requirements concerning value
	added Taxes ("VAT"). Kidoz (i) has not made any exempt transactions (as
	defined in the Israel Value Added Tax Law of 1975) and there are no
	circumstances by reason of which there might not be an entitlement to full
	credit of all VAT chargeable or paid on inputs, supplies, and other
	transactions and imports made by it, (ii) has collected and timely remitted
	to the relevant Governmental Entity all output VAT which it is required to
	collect and remit under any applicable Law; and (iii) has not received a
	refund for input VAT for which it is not entitled under any applicable Law.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">
		(w)&nbsp;&nbsp;&nbsp;

	Title to Assets.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz does not own any real property. Kidoz has a valid leasehold interest
	in the real property located in Tel Aviv, Israel from which it conducts its
	business (the "Kidoz Premises Lease"). The Kidoz Premises Lease is in full
	force and effect in accordance with its terms and Kidoz is in good standing
	thereunder. </p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz has good, valid and marketable title to, or a valid and enforceable
	leasehold interest in all material personal property owned or leased by it,
	free and clear of any Encumbrances, except as would not have a Material
	Adverse Effect with respect to Kidoz.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">
		(x)&nbsp;&nbsp;&nbsp;&nbsp;

	Material Contracts.&nbsp;
	In each case, except as would not be reasonably expected to have,
	individually or in the aggregate, a Material Adverse Effect with respect to
	Kidoz:</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz has performed the obligations required to be performed by it to date
	under the Kidoz Material Contracts;</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz is not in breach of or default under any of the Kidoz Material
	Contracts;</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	each of the Kidoz Material Contracts is a legal, valid and binding
	obligation of Kidoz, is in good standing in all material respects, is in
	full force and effect, and is enforceable by Kidoz in accordance with its
	terms, except as such enforceability may be limited by: (i) applicable
	bankruptcy, insolvency, reorganization or other Laws of general application
	relating to or affecting the enforcement of creditors' rights generally, and
	(ii) the discretion that a Court may exercise in the granting of
	extraordinary remedies such as specific performance or injunction; and</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz has not received written, or to the Knowledge of Kidoz, other notice
	of, any alleged breach of or alleged default under or dispute in connection
	with any of the Kidoz Material Contracts or of any intention of any party to
	any of the Kidoz Material Contracts to cancel, rescind, terminate or
	otherwise modify or not renew its relationship with Kidoz.</p>
	<p class="MsoNormal" style="margin-left:27.0pt;text-align:justify;text-indent:
-27.0pt;line-height:normal;text-autospace:none">
		(y)&nbsp;&nbsp;&nbsp;&nbsp;

	Restrictions on Business Activities.&nbsp;
	There is no agreement, judgment, injunction, order or decree binding upon
	Kidoz that has or would reasonably be expected to have the effect of
	prohibiting, restricting or materially impairing any business practice of
	Kidoz or the conduct of business by Kidoz as currently conducted.</p>
	<p class="MsoNormal" style="margin-left:27.0pt;text-align:justify;text-indent:
-27.0pt;line-height:normal;text-autospace:none">
		(z)&nbsp;&nbsp;&nbsp;&nbsp;

	Intellectual Property.&nbsp;
	In each case except as would not be reasonably expected to have,
	individually or in the aggregate, a Material Adverse Effect with respect to
	Kidoz:</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz
		exclusively owns and has all right, title, and interest in and to
	or has a license to or otherwise has the right to use, all Intellectual
	Property which are material and necessary for the conduct of its business as
	presently conducted (the "Kidoz IP"), free and clear of any Encumbrances.&nbsp;


	Kidoz is not bound by, and no Kidoz IP is subject to, any Contract
	containing any covenant or other provision that materially restricts the
	ability of Kidoz to use, assert, enforce, or otherwise exploit any Kidoz IP
	anywhere in the world.&nbsp; Kidoz has not transferred ownership of, whether a
	whole or partial interest, or granted any exclusive right to use, any Kidoz
	IP to any Person.&nbsp; All of the Kidoz IP is valid and enforceable, except as
	such enforceability may be limited by: (A) applicable bankruptcy,
	insolvency, reorganization or other Laws of general application relating to
	or affecting the enforcement of creditors' rights generally, and (B)
	discretion that a Court may exercise in the granting of extraordinary
	remedies such as specific performance or injunction.&nbsp; To the Knowledge of
	Kidoz, no third party is infringing upon or diluting any of the Kidoz IP in
	a manner that would reasonably be expected to materially and adversely
	affect such material Intellectual Property.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	All registrations, if any, and filings (including applications) that Kidoz
	has considered necessary to preserve its rights its material and necessary
	Intellectual Property have been made, are in good standing and are not
	invalid. Kidoz has not received a communication from any Governmental Entity
	indicating that an application for any of the trademarks constituted in the
	Kidoz Intellectual Property is unregistrable due to another person's rights.
	Kidoz has no pending action or proceeding, nor any threatened action or
	proceeding, against any Person with respect to its Intellectual Property,
	and to the knowledge of Kidoz, there are no circumstances which cast doubt
	on the validity or enforceability of the registered Intellectual Property
	owned or used by Kidoz.&nbsp; </p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	To the Knowledge of Kidoz, (A) Kidoz has not received a notice that the
	prior and continuing operation of any of its businesses interfere with,
	infringe upon, misappropriate, or otherwise come into conflict with, any
	material Intellectual Property of third parties, (B) there is no claim or
	demand of any person pertaining to, or any proceeding which is pending or,
	to the knowledge of Kidoz, threatened, that challenges the rights of Kidoz
	in respect of any such Intellectual Property, or claims that any activities
	of the business of Kidoz infringes, violates, or misappropriates any
	material Intellectual Property of any person, and (C) no facts exist which
	would reasonably ground an infringement or passing off claim against Kidoz
	by any third party in relation to the business of Kidoz.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Each employee, officer, director, Contractor and consultant of Kidoz who has
	contributed to the creation or development of any Kidoz IP or Kidoz
	Technology for or on behalf of Kidoz has signed a valid and enforceable
	agreement that includes (i) confidentiality obligations in favor of&nbsp; Kidoz,
	and (ii) an effective and valid assignment to Kidoz of all right, title and
	interest in and to all Intellectual Property Rights and Technology created
	or developed by such Person as a result of or during such Person's
	employment by or engagement with Kidoz related to the business of Kidoz
	(including the rights to transfer, license, amend and modify such
	Intellectual Property Rights) (collectively, the "Invention Assignment
	Agreements").&nbsp; No employee, officer, director, Contractor or consultant of
	Kidoz has excluded any Intellectual Property Rights from any Invention
	Assignment Agreement executed by such Person in connection with such
	Person's employment by or engagement with Kidoz.&nbsp; To Kidoz's Knowledge, no
	shareholder, officer, director, employee, consultant or Contractor of Kidoz
	has any claim, right (whether or not currently exercisable), or ownership
	interest in any Kidoz IP. </p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz has taken reasonable steps to protect and maintain the confidentiality
	of, and the rights of Kidoz in, Kidoz's Confidential Information.&nbsp; Without
	limiting the foregoing, Kidoz has required each employee, Contractor and
	consultant of Kidoz with access to any such Confidential Information to
	execute a written agreement that provides reasonable protection for such
	Confidential Information and all employees, Contractors and consultants of
	Kidoz with access to such Confidential Information have executed such an
	agreement, except as would not have a Material Adverse Effect on Kidoz.&nbsp; All
	disclosures by Kidoz of any such Confidential Information have been made
	pursuant to a written agreement that provides reasonable protection for such
	Confidential Information. Kidoz has taken reasonable steps to protect the
	Confidential Information of any Person provided to Kidoz in accordance with
	all applicable obligations of confidentiality.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">
		(aa)&nbsp;&nbsp; Compliance with Legal Requirements.&nbsp; Kidoz is, and has at all
	times been, in compliance in all material respects with all applicable Legal
	Requirements.&nbsp; Kidoz has not received any notice or other communication from
	any Governmental Entity or other Person regarding any violation of, or
	failure to comply with, in any material respect, any Legal Requirement.&nbsp; The
	business of Kidoz as currently conducted does not require a license from the
	Israeli Ministry of Economy and/or the Israeli Ministry of Defense and/or an
	authorized body thereof pursuant to Section 2(a) of the Control of Products
	and Services Declaration (Engagement in Encryption), 1974, as amended.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">
		(bb)&nbsp;&nbsp; Anti-Corruption Laws; Certain Business Practices.&nbsp; Kidoz has
	not, nor, to Kidoz's Knowledge, has any director, officer, agent, employee
	or other Person acting on behalf of Kidoz, in any material respect, (a)
	violated any provision of the Foreign Corrupt Practices Act of 1977, as
	amended, the rules and regulations thereunder, the UK Bribery Act, 2010, as
	amended, the rules and regulations thereunder, the OECD Convention on
	Combating Bribery of Foreign Public Officials in International Transactions,
	dated 21 November 1977, Title 5 of the Israeli Penalty Law (Bribery
	Transactions), or other similar Laws that prohibit bribery, or corruption or
	any similar Law ("Anti-Corruption Laws"), (b) used any corporate or other
	funds for unlawful contributions, payments, gifts, or entertainment, or made
	any unlawful expenditures relating to political activity to foreign or
	domestic government officials, employees or others or established or
	maintained any unlawful or unrecorded funds in violation of Section 30A of
	the Securities Exchange Act of 1934, as amended, (c) accepted or received
	any unlawful contributions, payments, gifts or expenditures or (d) made,
	offered or authorized any unlawful bribe, rebate, payoff, influence payment,
	kickback or other similar unlawful payment. </p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">
		(cc)&nbsp;&nbsp; Employees and Contractors.&nbsp; </p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz has delivered to Shoal Games a true, correct and complete list of all
	employees of Kidoz, and includes each employee's name, position and title,
	actual scope of employment (e.g., full or part-time or temporary), salary
	and any other compensation and benefits payable, maintained or contributed
	to, commissions. Kidoz has not made any promises or commitments to any of
	its employees, whether in writing or not, with respect to any future changes
	or additions to their compensation or benefits. </p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	None of the Kidoz Key Employees has informed Kidoz of his or her intention
	to terminate employment with Kidoz.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz has been and is in compliance in all material respects with all Laws
	relating to employees and employment.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz has delivered to Shoal Games a true, correct and complete list of all
	present independent contractors and consultants ("Contractors") to Kidoz.
	</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Kidoz has no unsatisfied obligations of any nature to any of its former
	employees or Contractors. </p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	All employees of Kidoz have executed Kidoz's standard employment agreement
	and standard restrictive covenants' agreement.&nbsp; Kidoz has made available to
	Shoal Games: (i) the form of Kidoz's standard employment agreement, and (ii)
	accurate and complete copies of all the employment agreements with the Kidoz
	Key Employees.</p>
	<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

	(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


	Neither the execution, delivery or performance of the Agreement, nor the
	consummation of any of the transactions contemplated thereunder, will result
	in any obligation to pay any current or former directors, officers,
	employees or Contractors of Kidoz, severance pay or termination, retention
	or any other benefits or payments.</p>
	<p class="MsoNormal" style="margin-left:27.0pt;text-align:justify;text-indent:
-27.0pt;line-height:normal;text-autospace:none">
		(dd)&nbsp;&nbsp;

	Insurance.&nbsp;
	Kidoz maintains such insurance policies with recognized insurers as are
	appropriate to its business(es), in such amounts and against such risks as
	are customarily carried and insured against by prudent owners of comparable
	business(es).&nbsp; All such policies are in all material respects in full force
	and effect in accordance with their terms.&nbsp; Kidoz has no reason to believe
	that it will not be able to renew its existing insurance coverage as and
	when such coverage expires or to obtain similar coverage from similar
	insurers as may be necessary to continue its business at a cost that would
	not have a Material Adverse Effect with respect to Kidoz.</p>
	<p class="MsoNormal" style="margin-left:27.0pt;text-align:justify;text-indent:
-27.0pt;line-height:normal;text-autospace:none">
		(ee)&nbsp;&nbsp;

	Brokers.&nbsp;
	Other than Ibis Capital Limited, no broker, finder, financial advisor or
	investment banker is entitled to any brokerage, finder's or other fee or
	commission in connection with the transactions contemplated by this
	Agreement based upon arrangements made by or on behalf of Kidoz.</p>
	<p class="MsoNormal" style="margin-left:27.0pt;text-align:justify;text-indent:
-27.0pt;line-height:normal;text-autospace:none">
		(ff)&nbsp;&nbsp;&nbsp;&nbsp;

	Non-Arm's Length Agreements.&nbsp;
	Kidoz does not have any Non-Arm's Length Agreement.</p>
	<p class="MsoNormal" style="margin-left:27.0pt;text-align:justify;text-indent:
-27.0pt;line-height:normal;text-autospace:none">
		(gg)&nbsp;&nbsp;

	Money Laundering Laws.&nbsp;
	The operations of Kidoz are and have been conducted at all times in material
	compliance with applicable financial recordkeeping and reporting
	requirements of the Money Laundering Laws and no action, suit or proceeding
	by or before any Regulatory Authority involving with respect to the Money
	Laundering Laws is pending or, to the knowledge of Kidoz,	threatened.</p>
	<p class="MsoNormal" style="margin-left:27.0pt;text-align:justify;text-indent:
-27.0pt;line-height:normal;text-autospace:none">
		(hh)&nbsp;&nbsp;

	OFAC.&nbsp;
	Neither Kidoz nor, to the Knowledge of Kidoz, any director, officer, agent,
	employee, affiliate or other Person acting on behalf of Kidoz is currently
	the subject or target of any United States sanctions administered or
	enforced by OFAC and Kidoz has not lent, contributed or otherwise made
	available, directly or indirectly, any Person or entity for the purpose of
	financing the activities of any Person which, to the Knowledge of Kidoz, is
	currently subject to any United States sanctions administered by OFAC.</p>
	<p class="MsoNormal" style="margin-left:27.0pt;text-align:justify;text-indent:
-27.0pt;line-height:normal;text-autospace:none">
		(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

		Export Compliance.&nbsp;
	Kidoz has not nor has any director, officer, agent, employee or other Person
	acting on behalf of Kidoz violated or failed to comply in any material
	respect with: (A) any Israeli Law or regulation thereunder, including the
	Defense Export Control Law- 2007, the Law Governing the Control of
	Commodities and Services - 1957, the Order Regarding the Engagement in
	Encryption Items - 1974; the Declaration Governing the Control of
	Commodities and Services (Engagement in Encryption Items) (Amendment) -
	1998; the Import And Export Order (Control Of Dual-Purpose Goods, Services
	And Technology Exports), 2006; and the Trading With The Enemy Ordinance,
	1939, or (B) any Law of any other national government that pertains to Kidoz
	and/or its business, related to the export or re-export of goods (including
	products, software and technology), services and know-how.&nbsp; None of Kidoz
	Software or the Kidoz Technology has any encryption means or any encrypted
	application. </p>
	<u>
	<p class="MsoNormal" style="margin-top:0cm;margin-right:0cm;margin-bottom:6.0pt;
margin-left:27.0pt;text-align:justify;text-indent:-27.0pt;line-height:normal;
text-autospace:none">
		&nbsp;
<br clear="all" style="page-break-before: always">
&nbsp;
	<p class="MsoNormal" align="center" style="text-align:center"><b>
		SCHEDULE "C"</b></p>
	<p class="MsoNormal" align="center" style="margin-bottom:0cm;margin-bottom:.0001pt;
text-align:center"><b>SEPARATE REPRESENTATIONS AND WARRANTIES</b></p>
	<p class="MsoNormal" align="center" style="text-align:center"><b>OF THE KIDOZ SECURITIES HOLDERS</b></p>

	</u>
	<p class="MsoNormal" style="text-align:justify;line-height:normal">
		Each of the Kidoz Securities Holders, severally and not jointly and only to
	the limited extent specified in Section 4.1 of the agreement to which this
	schedule is attached (referred to in this schedule as "the Agreement"), each
	referred to in this schedule as "the Warranting Shareholder", represents and
	warrants to Shoal Games that:</p>
	<p class="MsoNormal" style="text-align:justify;line-height:normal">
		(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the Kidoz Shares registered in the name of, or held by, the
	Warranting Shareholder, if any, are beneficially owned by the Warranting
	Shareholder free and clear of all voting restrictions, trade restrictions
	(other than as imposed by the articles of association of Kidoz), liens,
	charges or encumbrances of any kind whatsoever;</p>
	<p class="MsoNormal" style="text-align:justify;line-height:normal">
		(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; except as is provided for by operation of the Agreement, there
	are no options, agreements, rights of first refusal or other rights of any
	kind whatsoever to acquire all or any part of the Kidoz Shares held by the
	Warranting Shareholder, if any, or any interest in any of them;</p>
	<p class="MsoNormal" style="text-align:justify;line-height:normal">
		(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the Warranting Shareholder has good and sufficient right and
	authority to enter into the Agreement and to carry out his, her or its
	obligations under the Agreement on the terms and conditions set forth
	therein, and the Agreement is a binding agreement of the Warranting
	Shareholder, enforceable against the Warranting Shareholder in accordance
	with its terms and conditions;</p>
	<p class="MsoNormal" style="text-align:justify;line-height:normal">
		(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; to the extent that they might prevent the Warranting Shareholder
	from meeting his, her or its obligations under the Agreement, there are no
	outstanding actions, suits, judgments, investigations or proceedings of any
	kind whatsoever against or affecting the Warranting Shareholder at law or in
	equity, or before or by any federal, provincial, state, municipal or other
	government department, commission, board, bureau or agency of any kind
	whatsoever nor are there, to the best of the Warranting Shareholder's
	knowledge, any pending or threatened;</p>
	<u>
	<p class="MsoNormal" style="text-align:justify;line-height:normal">
		(</u>e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the execution and delivery of the Agreement and the performance
	of the Warranting Shareholder's obligations under the Agreement will not:</p>
	<p class="MsoNormal" style="margin-left:36.0pt;text-align:justify;line-height:
normal">
		(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; conflict with, or result in the breach of or the acceleration of
	any indebtedness under, or constitute default, under any indenture,
	mortgage, agreement, lease, licence or other instrument of any kind
	whatsoever to which the Warranting Shareholder is a party or by which the
	Warranting Shareholder is bound, or any judgment or order of any kind
	whatsoever of any court or administrative body of any kind whatsoever by
	which the Warranting Shareholder is bound; or</p>
	<p class="MsoNormal" style="margin-left:36.0pt;text-align:justify;line-height:
normal">
		(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; to the best of the Warranting Shareholder's Knowledge, result in
	the violation of any law ordinance, statute, regulation, by-law, order or
	decree of any kind whatsoever by the Warranting Shareholder;</p>
	<p class="MsoNormal" style="text-align:justify;line-height:normal">
		(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; where the Warranting Shareholder is a corporation, the
	execution, delivery and performance by the Warranting Shareholder of the
	Agreement are within the Warranting Shareholder's corporate powers, have
	been duly authorized by all necessary corporate action on the part of its
	board of directors and shareholders and no other corporate proceedings on
	the part of the Warranting Shareholder are necessary to authorize the
	Agreement or the transfer of those Kidoz Shares held by the Warranting
	Shareholder, if any, contemplated thereby;</p>
	<p class="MsoNormal" style="text-align:justify;line-height:normal">
		(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; where the Warranting Shareholder is a limited partnership, the
	execution, delivery and performance by the Warranting Shareholder of the
	Agreement are within the Warranting Shareholder's powers, have been duly
	authorized by all necessary action on the part of its general partner and
	limited partners and no other proceedings on the part of the Warranting
	Shareholder are necessary to authorize the Agreement or the transfer of
	those Kidoz Shares held by the Warranting Shareholder, if any, contemplated
	thereby;</p>
	<p class="MsoNormal" style="text-align:justify;line-height:normal">
		(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the Warranting Shareholder is acquiring those of the Shoal Games
	Exchange Shares to be issued to the Warranting Shareholder on consummation
	of the transactions contemplated by the Agreement for his, her or its own
	account, with investment intent, and not with a view to distributing or
	participating in the distribution of such securities in violation of
	applicable Laws; and</p>
	<p class="MsoNormal" style="text-align:justify;line-height:normal">
		(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the Warranting Shareholder is a legal resident of the
	jurisdiction specified under the name of the Warranting Shareholder on
	Schedule "A" attached to the Agreement.</p>
	<p class="MsoNormal">
		&nbsp;
<b>
<br clear="all" style="page-break-before: always">
&nbsp;</b><p class="MsoNormal" align="center" style="text-align:center">
<b>
SCHEDULE "D"</b></p>
<p class="MsoNormal" align="center" style="text-align:center"><b>REPRESENTATIONS AND WARRANTIES OF SHOAL GAMES</b></p>
<p class="MsoNormal" style="text-align:justify;line-height:normal">
Shoal
Games represents and warrants to Kidoz and each of the Kidoz Securities Holders
that:</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

(a)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Organization and Qualification.&nbsp;
Shoal Games is a corporation duly incorporated and validly existing under the
laws of Anguilla (as an International Business Corporation incorporated under
the Anguilla International Business Corporations Act) and has the corporate
power and authority to own its assets and conduct its business as now owned and
conducted and no steps or proceedings have been taken by any Person, voluntary
or otherwise, requiring or authorizing the dissolution or winding up of Shoal
Games.&nbsp; Shoal Games is duly qualified, licensed or registered to conduct
business and is in good standing in each jurisdiction in which its assets are
located or it conducts business, and has all necessary governmental licenses,
authorizations, permits, consents and approvals required to own, lease and
operate its properties and assets and to carry on its business as now conducted,
except for those licenses, authorizations, permits, consents and approvals the
absence of which do not have and would not be reasonably expected to have,
individually or in the aggregate, a Material Adverse Effect with respect to
Shoal Games or any member of the Shoal Games Group.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

(b)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Corporate Authorization.&nbsp;
The execution, delivery and performance by Shoal Games of the agreement to
which this schedule is attached (referred to in this schedule as "the
Agreement")

and the consummation by Shoal Games of each of the transactions contemplated
thereby are within Shoal Games' corporate powers and have been duly authorized
by all necessary corporate action on the part of Shoal Games, and no other
corporate proceedings on the part of Shoal Games are necessary to authorize the
Agreement or any of the transactions contemplated thereby.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

(c)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Directors' Approvals.&nbsp;
The Shoal Games Board has unanimously: (i) determined that the Agreement and the
transactions contemplated thereby are the best interests of Shoal Games; and
(ii) has approved the entering into of the Agreement and the consummation by
Shoal Games of each of the transactions contemplated thereby.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

(d)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
No
Conflict.&nbsp;
The execution, delivery and performance by Shoal Games of the Agreement and the
consummation by Shoal Games of each of the transactions contemplated thereby,
all in accordance with the terms and conditions hereof, do not and will not (or
would not with the giving of notice, the lapse of time or the happening of any
other event or condition), violate, conflict with or result in a breach of, or
permit the termination, cancellation, acceleration or other change of any right
or obligationunder:</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

(i)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


any of the articles, by-laws or other constating documents of any member of the
Shoal Games Group;</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

(ii)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


any Shoal Games Material Contract;</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

(iii)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


except for compliance with applicable Securities Laws and stock exchange rules
and policies, any statute, rule, regulation or Law applicable to any member of
the Shoal Games Group; and</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

(iv)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


any provision of any applicable Law or any license, approval, consent or
authorization issued by a Governmental Entity held by any member of the Shoal
Games Group,</p>
<p class="MsoNormal" style="margin-left:27.0pt;text-align:justify;line-height:
normal;text-autospace:none">

with such exceptions, in the case of each of subclauses (ii) through (iv), as
would not reasonably be expected to have, individually or in the aggregate, a
Material Adverse Effect with respect to Shoal Games or any member of the Shoal
Games Group.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

(e)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Third Party Consents.&nbsp;
No consent, waiver or approval from any other party to any of the Shoal Games
Material Contracts is (i) required to be obtained by Shoal Games in connection
with the execution, delivery and performance by Shoal Games of the Agreement or
the consummation of any of the transactions contemplated thereby, or (ii)
required in order to maintain the Shoal Games Material Contracts in full force
and effect immediately upon the consummation of the transactions contemplated by
the Agreement, except for such consents, the absence of which would not be
reasonably expected to have, individually or in the aggregate, a Material
Adverse Effect with respect to Shoal Games or any member of the Shoal Games
Group.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

(f)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Governmental Approvals.&nbsp;
The execution, delivery and performance by
	Shoal Games of the Agreement and the
consummation by Shoal Games of the transactions contemplated thereby require no
consent, waiver or approval or any action by or in respect of, or filing with,
or notification to, any Governmental Entity by Shoal Games other than (i) the
approvals of such Regulatory Authorities as may be applicable and the Exchange
Acceptance, as set forth in the Agreement, and (ii) any consents, waivers,
approvals, actions or filings or notifications, the absence of which would not
be reasonably expected to have, individually or in the aggregate, a Material
Adverse Effect with respect to Shoal Games or any member of the Shoal Games Group.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

(g)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Execution and Binding Obligation.&nbsp;
The Agreement has been duly executed and delivered by Shoal Games, and
constitutes a legal, valid and binding agreement enforceable against it in
accordance with its terms, except as such enforceability may be limited by: (i)
applicable bankruptcy, insolvency, reorganization or other Laws of general
application relating to or affecting the enforcement of creditors' rights
generally, and (ii) the discretion that a Court may exercise in the granting of
extraordinary remedies such as specific performance and injunction.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

(h)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Authorized and Issued Capital.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

(i)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


The authorized capital of Shoal Games consists of an unlimited number of Shoal
Games Shares.&nbsp; As of the date of the Agreement, 73,674,703 Shoal Games Shares
have been issued and are outstanding, and, as of the Share Exchange Time, that
number of Shoal Games Shares which is equal to 73,674,703 plus the number of
Shoal Games Shares in respect of which currently outstanding Shoal Games Options
have theretofore been exercised will have been issued and be outstanding.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

(ii)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


All of Shoal Games Exchange Shares to be issued pursuant to the Agreement will
be validly issued as fully paid and non-assessable, will be listed for trading
on the TSX Venture Exchange, will not be subject to any contractual or other
restrictions on voting, and will not be subject to any contractual or other
restrictions on transferability, except that:</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -31.5pt; line-height: normal; text-autospace: none; margin-left: 85.5pt">

(A)&nbsp;&nbsp;&nbsp;&nbsp; the Shoal Games Exchange Shares will be subject to those hold periods
imposed thereon by the TSX Venture Exchange, in accordance with its usual rules
and policies, and by all applicable Securities Laws, including, without
limitation, the Securities Act (Ontario), the Securities Act (British Columbia)
and the 1933 Act; and</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -31.5pt; line-height: normal; text-autospace: none; margin-left: 85.5pt">

(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; those of the Shoal Games Shares which are issued to Persons who or
which are or become an "affiliate" of Shoal Games, as that term is defined in
subparagraph (a)(1) of Rule 144 under the 1933 Act ("Rule 144"), may have
transfer restrictions imposed upon them pursuant to Rule 144.</p>
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(iii)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


There are no bonds, debentures or other evidences of indebtedness of any member
of the Shoal Games Group outstanding that have the right to vote (or that are
convertible or exercisable for securities having the right to vote) with holders
of Shoal Games Shares on any matter.</p>
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(iv)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


Except for outstanding Shoal Games Options under the Shoal Games Stock Option
Plan, which entitle the holders thereof to purchase up to 3,610,000 Shoal Games
Shares, there are no options, warrants, conversion privileges or other rights,
agreements, arrangements or commitments (pre-emptive, contingent or otherwise)
of any kind that obligate Shoal Games to issue or sell any shares of capital
stock or other securities of Shoal Games or any of its Subsidiaries or any
securities or obligations convertible or exchangeable into or exercisable for,
or giving any Person a right to subscribe for or acquire, any securities of
Shoal Games or any of its Subsidiaries.</p>
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(v)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


All outstanding securities of Shoal Games have been issued in material
compliance with all applicable Laws, including Securities Laws.</p>
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(vi)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


The latest of the applicable Shoal Games Filings sets forth all of the Shoal
Games Options outstanding as of the date of the Agreement and (i) the number of
Shoal Games Shares issuable upon the exercise thereof and (ii) the purchase
price payable therefor upon the exercise thereof.&nbsp; All grants of outstanding
Shoal Games Options were validly issued and properly approved by Shoal Games'
Board in compliance in all material respects with all Laws and the Shoal Games
Stock Option Plan (in the case of Shoal Games Options) and recorded on Shoal
Games' financial statements in accordance with U.S. GAAP.</p>
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(vii)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


The Shoal Games Data Room contains a true and complete copy of Shoal Games'
Stock Option Plan and there are no contracts, commitments, agreements,
arrangements or understandings between: (A) Shoal Games or any other member of
the Shoal Games Group on the one hand and (B) any current holder Shoal Games
Options or any other convertible securities of Shoal Games on the other, which
would result in any such security vesting solely as a result of the consummation
of the transactions contemplated by the Agreement.</p>
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(viii)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

No
dividends or distributions have been declared or authorized on any of the
securities of Shoal Games.</p>
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(i)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Significant Shareholders.&nbsp;
Except as disclosed in the latest of the applicable Shoal Games Filings, to the
knowledge of Shoal Games, no Person beneficially owns, directly or indirectly,
or exercises control or direction over, more than 10% of the votes attached to
the Shoal Games Shares.</p>
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(j)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Shareholders' and Similar Agreements.&nbsp;
Neither Shoal Games nor any of Shoal Games' Subsidiaries is subject to any
unanimous shareholders agreement and is not a party to any shareholder, pooling,
voting, voting trust or other similar arrangement or agreement relating to the
ownership or voting of any of the securities of Shoal Games or of any of its
Subsidiaries or pursuant to which any Person may have any right or claim in
connection with any existing or past equity interest in Shoal Games or in any of
its Subsidiaries and Shoal Games has not adopted a shareholders' rights plan or
any similar plan or agreement.</p>
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(k)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Subsidiaries.</p>
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(i)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


Except for Shoal Media (Canada) Inc., Shoal Games (UK) plc, Coral Reef Marketing
Inc., Shoal Media Inc., Rooplay Media Ltd., Shoal Media UK Ltd., Rooplay Media
Kenya Limited and certain dormant corporations (each a "Subsidiary of Shoal
Games" and, collectively, the "Subsidiaries of Shoal Games"), each wholly-owned,
except for a 0.1% interest in the shares of the inactive company Shoal Games
(UK) plc held in trust by an associate of Shoal Games to satisfy a U.K. legal
requirement that the company have at least two shareholders, there are no
Persons in which Shoal Games owns or controls, directly or indirectly, any
material equity or proprietary interest.</p>
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(ii)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


Each of the Subsidiaries of Shoal Games: (A) is a corporation duly organized and
validly existing under the Laws of the jurisdiction of its incorporation,
organization or formation, as the case may be, and no steps or proceedings have
been taken by any Person, voluntary or otherwise, requiring or authorizing the
dissolution or winding up of any of the Subsidiaries of Shoal Games, (B) has all
requisite corporate power and authority, as the case may be, to own, lease and
operate its properties and assets and to conduct its business as now owned and
conducted in each jurisdiction in which the conduct of its business or the
ownership, leasing or operation of its property and assets requires such
qualification, and (C) is duly qualified, licensed or registered to conduct
business and is in good standing in each jurisdiction in which its assets are
located or it conducts business, except where the failure to be so organized,
validly existing, qualified, licensed, registered or in good standing, or to
have such power or authority, would not reasonably be expected to have,
individually or in the aggregate, a Material Adverse Effect with respect to
Shoal Games Group.</p>
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(iii)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


Shoal Games owns, directly or indirectly, all of the issued and outstanding
shares or other equity interests of each of the Subsidiaries of Shoal Games,
free and clear of any Encumbrances and all such shares and other equity
interests so owned directly or indirectly by Shoal Games have been duly
authorized and validly issued, as fully paid and non-assessable and have been
issued in material compliance with all applicable Laws and no Person has any
agreement, option, right or privilege (whether pre-emptive or contractual)
capable of becoming an agreement, for the purchase from Shoal Games or any of
the Subsidiaries of Shoal Games of any interest in any of the shares or other
equity interests in the capital of the Subsidiaries of Shoal Games.</p>
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(l)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Securities Laws Matters.</p>
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(i)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


Shoal Games is a "reporting issuer" under Securities Laws in each of the
provinces of Canada in which it is within the definition of such an issuer of
securities, is not on the list of reporting issuers in default under the
Securities Laws of such provinces and is in compliance, in all material
respects, with all such Securities Laws.</p>
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(ii)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


Shoal Games has not taken any action to cease to be a reporting issuer in any
province nor has Shoal Games received notification from any Securities Authority
seeking to revoke the reporting issuer status of Shoal Games.</p>
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(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


Shoal Games Shares are listed and posted for trading on the TSX Venture
Exchange.</p>
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(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

The Shoal Games Shares are registered under Section 12 of the 1934 Act, and
Shoal Games is required to file reports with the United States Securities and
Exchange Commission under Section 13 and Section 15(d) of the 1934 Act.</p>
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(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

The Shoal Games Shares are quoted under the symbol "SGLDF" on the Over the
Counter Markets - The Venture Marketplace ("OTCQB") operated by OTC Markets
Group Inc. (http://www.otcmarkets.com/).</p>
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(vi)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


Shoal Games has filed with the Securities Authorities all material forms,
reports, schedules, statements and other documents required to be filed pursuant
to applicable Securities Laws by Shoal Games with the Securities Authorities.&nbsp;
The documents comprising Shoal Games Filings did not as of the date filed (or if
amended or superseded by a subsequent filing prior to the date of the Agreement,
on the date of such subsequent filing) contain any Misrepresentation and
complied in all material respects with the requirements of all applicable
Securities Laws.&nbsp; Shoal Games has not filed any confidential material change
report which at the date of the Agreement remains confidential.&nbsp; As of the date
hereof, to the Knowledge of Shoal Games, none of the Shoal Games Filings is the
subject of an ongoing review or outstanding investigation by any Securities
Authorities in Canada or by the SEC.</p>
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(m)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Auditors.&nbsp;
To the Knowledge of Shoal Games, Shoal Games' auditors, who audited Shoal Games'
financial statements and provided their audit report, were, at the relevant
time, independent public accountants and there has never been a reportable event
(within the meaning of National Instrument 51- 102 - <i>Continuous Disclosure
Obligations</i>) between Shoal Games and such auditors.</p>
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(n)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Security Ownership.&nbsp;
None of Shoal Games Group, any of their affiliates, any such Person's
Representatives or any other Person acting jointly or in concert with any of
them, beneficially owns or controls (directly or indirectly, economically, or
through derivatives or otherwise) any securities of Kidoz or any of its
affiliates.</p>
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(o)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Disclosure Controls and Internal Control over Financial
Reporting.</p>
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(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


Shoal Games and the Subsidiaries of Shoal Games maintain a system of internal
accounting controls sufficient to provide reasonable assurance that (A)
transactions are executed in accordance with management's general or specific
authorization and (B) transactions are recorded as necessary to permit
preparation of financial statements in conformity with U.S. GAAP and to maintain
accountability for assets; and</p>
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(ii)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

To
the knowledge of Shoal Games, as of the date of the Agreement, there is no fraud
that involves management or any other employees who have a significant role in
the internal control over financial reporting of Shoal Games.</p>
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(p)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Financial Statements.&nbsp;
Shoal Games' audited consolidated financial statements as at and for the fiscal
year ended December 31, 2017 and unaudited consolidated financial statements as
at and for the periods ended March 31, 2018, June 30, 2018 and September 30,
2018 (the "Shoal Games Financial Statements") have been prepared in accordance
with U.S. GAAP (subject to year-end adjustments, where applicable) applied on a
basis consistent with prior periods and present fairly, in all material
respects, the consolidated financial position of the members of the Shoal Games
Group as of the respective dates thereof and for the respective periods covered
thereby.</p>
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(q)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Absence of Certain Changes or Events.&nbsp;
Since the date of the last Shoal Games Filing, other than the transactions
contemplated by the Agreement, there has not been any event, occurrence, fact,
effect or circumstance that has had or would reasonably be expected to have,
individually or in the aggregate, a Material Adverse Effect with respect to
Shoal Games or any member of the Shoal Games Group.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

(r)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
No
Undisclosed Liabilities.&nbsp;
Shoal Games Group has no material outstanding liabilities of the type required
to be reflected as liabilities on a balance sheet prepared in accordance with
U.S. GAAP, or obligations of any kind whatsoever, whether accrued, contingent,
absolute, determined, determinable or otherwise, other than (i) liabilities or
obligations disclosed in the Shoal Games Filings, (ii) liabilities or
obligations incurred in the ordinary course and which are not material since
September 30, 2018, (iii) liabilities or obligations that would not be
reasonably expected to have, individually or in the aggregate, a Material
Adverse Effect with respect to Shoal Games or any member of the Shoal Games Group.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

(s)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Stock Exchange Compliance.&nbsp;
Shoal Games is in compliance in all material respects with the applicable
listing and corporate governance rules and regulations of theTSX Venture Exchange.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

(t)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Books and Records.&nbsp;
All accounting and financial books and records of Shoal Games Group have been
maintained in accordance with sound business
practices.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

(u)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Compliance with Laws and Licenses.&nbsp;
The Shoal Games Group and the operation of its business(es) are in compliance
with, has not received written notice, correspondence or warning of any alleged
violation, offence or breach of, and to the knowledge of Shoal Games, is not
under investigation or
subject to
any Legal Proceeding or
complaint with respect
to and
has not
been threatened to be charged with or notified of any alleged violation,
offence or breach of, any Law applicable to it.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.35pt; line-height: normal; text-autospace: none; margin-left: 27.35pt; margin-right: 0cm; margin-top: 0cm; margin-bottom: 24.0pt">

(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Data Privacy and Security.
&nbsp;No member of the Shoal Games Group has been notified in writing of and, to the
knowledge of Shoal Games, no member of the Shoal Games Group is the subject of,
any complaint, regulatory investigation or proceeding related to data security
or privacy.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">

(w)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Litigation.&nbsp;
There is no Legal Proceeding now pending or, to the knowledge of Shoal Games,
threatened against any member of the Shoal Games Group, which (i) if adversely
determined, would reasonably be expected to have, individually or in the
aggregate, a Material Adverse Effect with respect to Shoal Games or any member
of the Shoal Games Group, or (ii) would restrain, enjoin or otherwise prohibit
or materially delay or otherwise materially and adversely affect the
consummation of the transactions contemplated by the Agreement.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">
(w)&nbsp;&nbsp;&nbsp;

Taxes.&nbsp;
Shoal Games and each of the other members of the Shoal Games Group has paid, or
accrued in its financial statements, all required taxes and other government
charges, and has filed with appropriate federal, provincial and local taxation
authorities all required returns, reports and declarations. &nbsp;No taxing authority
is asserting or has, to the Knowledge of Shoal Games, threatened to assert or
has any basis for asserting against Shoal Games or any other member of the Shoal
Games Group, any claim for additional taxes or interest thereon or penalty.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">
(x)&nbsp;&nbsp;&nbsp;&nbsp;

Title to Assets.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

No
member of the Shoal Games Group owns any real property. Shoal Media (Canada)
Inc. has valid leasehold interests in the premises located at Units 101 and 302,
1715 Cook Street, Vancouver, British Columbia Canada, at which it conducts the
software development operations of the Shoal Games Group and a valid leasehold
interest in the premises located in The Valley, Anguilla, at which it conducts
is corporate operations (collectively, the "Shoal Games Premises Leases"). The
Shoal Games Premises Leasea are in full force and effect in accordance with
their terms and Shoal Media (Canada) Inc. and Shoal Games Ltd. are in good
standing thereunder. </p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


Shoal Games and each of the other members of the Shoal Group has good and valid
title to, or a valid and enforceable leasehold interest in, as applicable, all
material personal property owned or leased by it, free and clear of any
Encumbrances, except as would not have a Material Adverse Effect with respect to
Shoal Games or any member of the Shoal Games Group.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 27.0pt">
(y)&nbsp;&nbsp;&nbsp;&nbsp;

Material Contracts.&nbsp;
In each case, except as would not be reasonably expected to have, individually
or in the aggregate, a Material Adverse Effect with respect to Shoal Games or
any member of the Shoal Games Group:</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


Shoal Games Group has performed the obligations required to be performed by it
to date under its Material Contracts;</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


Shoal Games Group is not in breach of or default under any of its Material
Contracts;</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


each Material Contract of Shoal Games Group is a legal, valid and binding
obligation of Shoal Games Group, is in good standing in all material respects,
is in full force and effect, and is enforceable by Shoal Games Group in
accordance with its terms, except as such enforceability may be limited by: (i)
applicable bankruptcy, insolvency, reorganization or other Laws of general
application relating to or affecting the enforcement of creditors' rights
generally, and (ii) the discretion that a Court may exercise in the granting of
extraordinary remedies such as specific performance or injunction; and</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Shoal Games Group has not received written, or to the Knowledge of Shoal Games,
other notice of, any alleged breach of or alleged default under or dispute in
connection with any Material Contract of Shoal Games Group or of any intention
of any party to any Material Contract of Shoal Games Group to cancel, rescind,
terminate or otherwise modify or not renew its relationship with Shoal Games
Group.</p>
<p class="MsoNormal" style="margin-left:27.0pt;text-align:justify;text-indent:
-27.0pt;line-height:normal;text-autospace:none">
(z)&nbsp;&nbsp;&nbsp;&nbsp;

Restrictions on Business Activities.&nbsp;
There is no agreement, judgment, injunction, order or decree binding upon Shoal
Games or any of the Shoal Games Subsidiaries that has or would reasonably be
expected to have the effect of prohibiting, restricting or materially impairing
any business practice of Shoal Games or any of the Shoal Games Subsidiaries or
the conduct of business by Shoal Games or any of the Shoal Games Subsidiaries as
currently conducted .</p>
<p class="MsoNormal" style="margin-left:27.0pt;text-align:justify;text-indent:
-27.0pt;line-height:normal;text-autospace:none">
(aa)&nbsp;&nbsp;

Intellectual Property.&nbsp;
In each case except as would not be reasonably expected to have, individually or
in the aggregate, a Material Adverse Effect with respect to Shoal Games or any
member of the Shoal Games Group:</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


Shoal Games and each member of the Shoal Games Group owns or possesses, or has a
license to or otherwise has the right to use, all Intellectual Property which
are material and necessary for the conduct of its business as presently
conducted.&nbsp; All such Intellectual Property owned by the members of the Shoal
Games Group is valid and enforceable except as such enforceability may be
limited by: (A) applicable bankruptcy, insolvency, reorganization or other Laws
of general application relating to or affecting the enforcement of creditors'
rights generally, and (B) discretion that a Court may exercise in the granting
of extraordinary remedies such as specific performance or injunction, and
(including through the use by Shoal Games Subsidiaries and any other licensee).&nbsp;
To the knowledge of Shoal Games, no third party is infringing upon or diluting
such Intellectual Property owned by the Shoal Games Group in a manner that would
reasonably be expected to materially and adversely affect such material
Intellectual Property.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


All registrations, if any, and filings (including applications) that Shoal Games
Group has considered necessary to preserve the rights of Shoal Games Group in
its material and necessary Intellectual Property have been made, are in good
standing and are not invalid.&nbsp; Shoal Games Group has not received a
communication from a Governmental Entity indicating that an application for any
of the trademarks constituted in the Shoal Games Intellectual Property is
unregistrable due to another person's rights.&nbsp; Shoal Games Group has no pending
action or proceeding, nor any threatened action or proceeding, against any
Person with respect to its Intellectual Property, and to the knowledge of Shoal
Games, there are no circumstances which cast doubt on the validity or
enforceability of the registered Intellectual Property owned or used by the
members of the Shoal Games Group.&nbsp; To the Knowledge of Shoal Games, (A) Shoal
Games has not received a notice that the prior and continuing operation of any
of the businesses of the members of the Shoal Games Group interferes with,
infringe upon, misappropriate, or otherwise come into conflict with, any
material Intellectual Property of third parties, (B) there is no claim or demand
of any person pertaining to, or any proceeding which is pending or, to the
knowledge of Shoal Games, threatened, that challenges the rights of Shoal Games
Group in respect of any such Intellectual Property, or claims that any
activities of the business of Shoal Games Group infringes, violates, or
misappropriates any material Intellectual Property of any person, and (C) no
facts exist which would reasonably ground an infringement or passing off claim
against Shoal Games Group by any third party in relation to the business of
Shoal Games Group.</p>
<p class="MsoNormal" style="margin-left:27.0pt;text-align:justify;text-indent:
-27.0pt;line-height:normal;text-autospace:none">
(bb)&nbsp;&nbsp; Employees.&nbsp; </p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


Shoal Games has delivered to Kidoz a true, correct and complete list of all
employees of the Shoal Games Group, and includes each employee's name, position
and title, actual scope of employment (e.g., full or part-time or temporary),
salary and any other compensation and benefits payable, maintained or
contributed to. No member of the Shoal Games Group has made any promises or
commitments to any of its employees, whether in writing or not, with respect to
any future changes or additions to their compensation or benefits. </p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

No
Key Employee of Shoal Games has informed Kidoz of his or her intention to
terminate employment with the member of the Shoal Games Group by which he or she
is employed.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; line-height: normal; text-autospace: none; margin-left: 54.0pt">

(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


All of the members of the Shoal Games Group have been and are in compliance in
all material respects with all Laws relating to employees and employment.
</p>
<p class="MsoNormal" style="margin-left:27.0pt;text-align:justify;text-indent:
-27.0pt;line-height:normal;text-autospace:none">
(cc)&nbsp;&nbsp;

Insurance.&nbsp;
Shoal Games Group maintains such insurance policies with recognized insurers as
are appropriate to its business(es), in such amounts and against such risks as
are customarily carried and insured against by prudent owners of comparable
business(es).&nbsp; All such policies are in all material respects in full force and
effect in accordance with their terms.&nbsp; Shoal Games Group has no reason to
believe that it will not be able to renew the existing insurance coverage of
Shoal Games and its Subsidiaries as and when such coverage expires or to obtain
similar coverage from similar insurers as may be necessary to continue its
business at a cost that would not have a Material Adverse Effect with respect to
Shoal GamesGroup.</p>
<p class="MsoNormal" style="margin-left:27.0pt;text-align:justify;text-indent:
-27.0pt;line-height:normal;text-autospace:none">
(dd)&nbsp;&nbsp;

Brokers.&nbsp;
No broker, finder, financial advisor or investment banker is entitled to any
brokerage, finder's or other fee or commission in connection with the
transactions contemplated by this Agreement based upon arrangements made by or
on behalf of Shoal Games.</p>
<p class="MsoNormal" style="margin-left:27.0pt;text-align:justify;text-indent:
-27.0pt;line-height:normal;text-autospace:none">
(ee)&nbsp;&nbsp;

Non-Arm's Length Agreements.&nbsp;
Except for Contracts made solely amongst the members of the Shoal Games Group or
as disclosed in the Shoal Games Filings, no member of the Shoal Games Group has
any Non-Arm's Length Agreement.</p>
<p class="MsoNormal" style="margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;
margin-left:27.35pt;text-align:justify;text-indent:-27.0pt;line-height:normal;
text-autospace:none">
(ff)&nbsp;&nbsp;&nbsp;&nbsp;

Foreign Corrupt Practices Act.
&nbsp;No member of the Shoal Games Group and, to the best of Shoal Games' knowledge,
no director, officer, agent, employee, affiliate or other Person acting on
behalf of any member of the Shoal Games Group (i) is aware of or has taken any
action, directly or indirectly, that has resulted or would result in a violation
by any such Person of the CFPOA or the FCPA or similar legislation of any other
country in which any member of the Shoal Games Group carries on or has carried
on business, including any offer, payment, promise to pay or authorization of
the payment of any money, or other property, gift, promise to give, or
authorization of the giving of anything of value to any "foreign official" or
"foreign public official" (as such terms are defined in the FCPA and the CFPOA,
respectively) or any foreign political party or official thereof or any
candidate for foreign political office, in contravention of the FCPA and the
CFPOA, (ii) has made any bribe, rebate, payoff, influence payment, kickback or
other unlawful payment, and (iii) has used any corporate funds for any unlawful
contribution, gift, entertainment or other unlawful expense relating to
political activity.&nbsp; Each member of the Shoal Games Group has conducted its
business in compliance with the CFPOA and the FCPA, as and to the extent
applicable, and has instituted and maintains and will continue to maintain
policies and procedures designed to ensure, and which are reasonably expected to
ensure, continued compliance with the CFPOA, the FCPA and the representations
and warranties contained herein.</p>
<p class="MsoNormal" style="margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;
margin-left:27.35pt;text-align:justify;text-indent:-27.0pt;line-height:normal;
text-autospace:none">
(gg)&nbsp;&nbsp; Money
Laundering Laws.&nbsp; The operations of each member of the Shoal Games Group are
and have been conducted at all times in material compliance with applicable
financial recordkeeping and reporting requirements of the Money Laundering Laws
and no action, suit or proceeding by or before any Regulatory Authority
involving any member of the Shoal Games Group with respect to the Money
Laundering Laws is pending or, to the knowledge of Shoal Games, threatened.</p>
<p class="MsoNormal" style="margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;
margin-left:27.35pt;text-align:justify;text-indent:-27.0pt;line-height:normal;
text-autospace:none">
(hh)&nbsp;&nbsp;
OFAC.&nbsp;
No member of the Shoal Games Group and, to the best of Shoal Games' knowledge,
no director, officer, agent, employee, affiliate or other Person acting on
behalf of any member of the Shoal Games Group is currently the subject or target
of any United States sanctions administered or enforced by OFAC and no member of
the Shoal Games Group has lent, contributed or otherwise made available,
directly or indirectly, any funds to any subsidiary, joint venture partner or
other Person or entity, for the purpose of financing the activities of any
Person which, to the knowledge of Shoal Games, is currently subject to any
United States sanctions administered by OFAC.</p>
<p class="MsoNormal" style="margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;
margin-left:27.35pt;text-align:justify;text-indent:-26.95pt;line-height:normal;
text-autospace:none">
(ii)&nbsp;&nbsp;&nbsp;&nbsp;
Concurrent Financing.&nbsp; Shoal Games is entitled under the Concurrent
Financing to accept from time to time subscriptions for Shoal Games Shares made
thereunder and to conduct closings of the Concurrent Financing from to time at
which the purchases and sales of the shares in respect of which subscriptions
have been accepted are completed and such shares are issued; and after each such
closing thereof the purchases and sales of the applicable Shoal Games Shares
become unconditional and final and investors have no right to rescind their
purchases of the subject shares otherwise require or obtain return of the
purchase monies invested.</p>
<p class="MsoNormal" style="margin-left:27.0pt;text-align:justify;text-indent:
-26.95pt;line-height:normal;text-autospace:none">
(jj)&nbsp;&nbsp;&nbsp;&nbsp; Due
Diligence.&nbsp; Kidoz has, prior to execution of this Agreement, by means of the
Kidoz Data Room and otherwise, provided Shoal Games and Shoal Games'
Representatives with access to all existing books, records, Tax Returns, work
papers and other documents and information relating to Kidoz and has provided
Shoal Games and Shoal Games' Representatives with such copies thereof and with
such additional financial, operating and other data and information regarding
Kidoz as Shoal Games has requested, and such access and materials have been
sufficient to enable Shoal Games to enter into this Agreement on a prudent
investment basis.
</p>
<p class="MsoNormal" style="margin-left:27.0pt;text-align:justify;text-indent:
-26.95pt;line-height:normal;text-autospace:none">
(kk)&nbsp;&nbsp; Kidoz Securities Holders' Percentage of Shoal Games Shares.&nbsp;
Immediately after the Share Exchange Time, the Kidoz Securities Holders will
hold 40% of the aggregate of: (a) those Shoal Games Shares that are then issued
and outstanding; and (b) 5,000,000 Shoal Games Shares then, without the
occurrence of any intervening events, to be issued to Wydler Global Equity Fund
(or its nominee holder) pursuant to the Concurrent Financing.</p>

	</body>

</html>
[{"type": "8-K", "sequence": "1", "filename": "sgl8kidz.htm", "secsgml_size_bytes": 472748}]
{"company-data": {"conformed-name": "SHOAL GAMES LTD.", "cik": "0001318482", "assigned-sic": "7900", "irs-number": "000000000", "state-of-incorporation": "1A", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-120120-01", "film-number": "19676371"}, "business-address": {"street1": "HANSA BANK BUILDING", "street2": "GROUND FLOOR, LANDSOME ROAD", "city": "THE VALLEY", "state": "1A", "zip": "AI2640", "phone": "6046940300"}, "mail-address": {"street1": "HANSA BANK BUILDING", "street2": "GROUND FLOOR, LANDSOME ROAD", "city": "THE VALLEY", "state": "1A", "zip": "AI2640"}, "former-company": {"former-conformed-name": "BINGO.COM LTD.", "date-changed": "20050222"}}
UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT PURSUANT
TO
SECTION 13 OR 15(d)
OF
THE
SECURITIES
EXCHANGE ACT OF 1934
March 12, 2019
Date
of report (Date of earliest event reported)
SHOAL GAMES
LTD.
(Exact
Name of Registrant as Specified in Its Charter)
ANGUILLA,
        BRITISH WEST INDIES
(State or Other Jurisdiction of Incorporation)
333-120120-01
98-0206369
(Commission File
        Number)             
        (IRS Employer Identification No.)
HANSA BANK BUILDING, GROUND FLOOR, LANDSOME ROAD
AI 2640, THE VALLEY, ANGUILLA, BRITISH WEST INDIES
(Address of Principal
        Executive Offices)
(888)
374-2163
(Registrant's Telephone Number, Including Area Code)
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 (see
General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 2.01   Completion of
Acquisition of Assets.
ACQUISITION OF ALL OF THE EQUITY
SECURITIES OF KIDOZ LTD.
On March 4,
2019 the Company, upon receipt of acceptance of the transaction by the TSX
Venture Exchange, completed its acquisition of all of the issued and outstanding
equity securities of Kidoz ("Kidoz") (www.kidoz.net), a privately held Israeli
company engaged in childrens' internet games content distribution and
monetization (the "Kidoz Acquisition"), pursuant to an agreement entered into on
December 28, 2018 (dated for reference December 21, 2018) among the Company,
Kidoz and the holders of all of its equity securities (the "Kidoz
Shareholders"), and subsequently amended on January 18, 2019 and February 28,
2019.  In exchange for the acquired Kidoz shares the Company issued to the Kidoz
Shareholders (or, where applicable, a trustee holding for their benefit) a total
of 52,450,286 common shares of the Company.  The shares issued to and for the
benefit of the Kidoz Shareholders were issued at a deemed consideration of
U.S.$0.40 each, the same price at which shares were sold under the Concurrent
Financing (see Item 3,02), for a total deemed purchase value of approximately
U.S.$21 million.  The shares issued to and for the benefit of the Kidoz
Shareholders are subject to hold periods imposed under the rules and policies of
the TSX Venture Exchange and applicable Canadian securities legislation and are
subject to resale restrictions imposed by the United States Securities Act of
1933 (the "1933 Act").  None of the Kidoz Shareholders will, as a result of the
issuance of shares to them or for their benefit in connection with the Kidoz
Acquisition, become an insider, affiliate or control person of the Company.
A fee of
U.S.$130,000 was paid to Ibis Capital Ltd., of London, England, for acting as
finder and exclusive financial advisor to Kidoz in connection with the Kidoz
Acquisition.
Under the
terms of the Kidoz Acquisition, the Kidoz Shareholders are entitled to have
three persons nominated by them appointed as directors of the Company, and have
nominated Joseph Mandelbaum and Moshe David, former directors of Kidoz, as well
as Eldad Ben Tora, the CEO of Kidoz, for appointment in that capacity, as soon
as all outstanding requirements regarding their respective appointments are
met.  In addition, Eldad Ben Tora has been appointed as Co-CEO of the Company.
Kidoz will
operate as a wholly-owned subsidiary of the Company and its current management
and employees will remain with the combined company.
ITEM 3.02   Unregistered Sales of
Equity Securities.
CONCURRENT FINANCING
.
Immediately
after the Kidoz Acquisition was closed, the Company closed a Concurrent
Financing private placement 5,000,000 common shares of the Company at a price of
U.S.$0.40 per share, for gross proceeds of U.S.$2.0 million.  After the Kidoz
Acquisition (see Item 2.01) and the closing of the Concurrent Financing the
(former) Kidoz Shareholders now beneficially own (on a non-diluted basis) 40% of
the outstanding common shares of the Company.
The shares
issued under the Concurrent Financing are subject to a four-month hold period,
as required under the rules and policies of the TSX Venture Exchange and
applicable Canadian securities legislation, and were offered and sold in
accordance with the requirements of Regulation S made under the 1933 Act, and
are not registered under the 1933 Act.
Clubb
Capital Limited, of London, England received a 10% cash commission of
U.S.$200,000 in connection with the Concurrent Financing.
SIGNATURES
Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
SHOAL GAMES LTD.
(Registrant)
Date : March 12,
2019                           By:
/s/ J. M. Williams
J.M. WILLIAMS,
President and Director
EXHIBIT 10.42
(
SECOND AMENDED
) SHARE PURCHASE AGREEMENT
BY AND AMONG
Shoal Games LTD.
KIDOZ Ltd.
and
Kidoz Securities Holders
ORIGINALLY ENTERED INTO
EFFECTIVE December 21,
	2018
AS
	AMENDED JANUARY 18, 2019 AND FEBRUARY 28, 2019
Table of Contents
1.     Definitions
....................................................................................................................
	      2
2.     Share Exchange
............................................................................................................
13
3.    
		Representations and Warranties of Kidoz
..................................................................
13
4.    
		Representations and Warranties of the Kidoz Securities Holders
............................
13
5.    
		Representations and Warranties of Shoal Games
.....................................................
13
6.     Covenants and Agreements
.........................................................................................
	    14
6.1      Operation of Kidoz's Business
	..............................................................................
	    14
6.2      Operation of Shoal Games' Business
	.....................................................................     15
6.3      Standstill
	...............................................................................................................
	    18
6.4     

		Companies Registrar
	.............................................................................................
	    18
6.5      Regulatory Approval
	.............................................................................................
	    18
6.6      Lock-Up Requirement
	..........................................................................................
	    19
6.7      U.S. Securities Laws
	............................................................................................
	    19
6.8      Facilitation
	............................................................................................................
	    19
6.9     

		Disclosure
	............................................................................................................
	    19
6.10    Post-Closing Kidoz Board
	....................................................................................
	    19
6.11    Post-Closing Shoal Games Board
	.........................................................................
	    19
6.12    Post-Closing Shoal Games Advisory Committee
	...................................................     20
6.13    Post-Closing Shoal Games Board Actions
	.............................................................     20
6.14    Post-Closing Articles of Kidoz
	..............................................................................
	    20
6.15    Post-Closing Funding of Kidoz
	.............................................................................
	    21
6.16    Post-Closing Securities Regulatory Matters
	...........................................................     21
6.17    Indemnification Obligations
	...................................................................................
	    21
6.18    D&O Insurance Arrangements
	..............................................................................
	    21
6.19    Status Notification
	................................................................................................
	    21
6.20    Confidentiality
	.......................................................................................................
	    21
6.21    Ibis Capital Liabilities
	............................................................................................
	    21
6.22    Rights to Acquire Shoal Games Securities
	.............................................................     22
6.23    Covenants to Survive
	Closing
	................................................................................
	    22
7.    
		Conditions Precedent to Obligations of Shoal Games
................................................     22
7.1      Accuracy of Representations
	.................................................................................
	    22
7.2     

		Performance of Covenants
	....................................................................................
	    22
7.3     

		Regulatory Approvals	...........................................................................................
	    22
7.4     

		Deliverables
	..........................................................................................................
	    22
7.5      Employees
	............................................................................................................
	    22
7.6      Kidoz Working Capital
	.........................................................................................
	    23
7.7      No Material Adverse Effect
	..................................................................................
	    23
7.8     
	No restraints
	.......................................................................................................
	     23
Table of Contents
(continued)
8.    
		Conditions Precedent to Obligations of Kidoz
		............................................................     23
8.1      Accuracy of Representations
	.................................................................................
	    23
8.2     

		Performance of Covenants
	....................................................................................
	  23
8.3     
		Regulatory Approvals	...........................................................................................
	  23
8.4     
		Deliverables
		.......................................................................................................... 
		23
8.5      Employees
	............................................................................................................
	    23
8.6      Shoal Games Working Capital
	..............................................................................
	    23
8.7      Concurrent Financing
	............................................................................................
	    23
8.8      Filings
	...................................................................................................................
	    24
8.9
No Material Adverse Effect
..................................................................................    
		24
8.10   

		No Restraints
	.......................................................................................................
	    24
8.11     Tax
	Ruling
	.......................................................................................................    
	24
9.    
		Conditions Precedent to Obligations of Kidoz
	Securities Holders
		............................     24
9.1      Accuracy of Representations
	.................................................................................
	    24
9.2     

		Performance of Covenants
	....................................................................................
	    24
9.3     

		Deliverables
	..........................................................................................................
	    24
9.4     

		No Material Adverse Effect
	..................................................................................
	    24
9.5     

		No Restraints
	.......................................................................................................
	    24
9.6      Tax Ruling
	............................................................................................................
	    24
9.7      Tax Ruling Appeal
	Costs.......................................................................................
	    25
10.   Closing
..........................................................................................................................
	    25
10.1   

		Closing
	Arrangements
	...........................................................................................
	    25
10.2    Deliveries by Shoal Games
	....................................................................................
	    25
10.3    Deliveries by Kidoz
	..............................................................................................
	    27
10.4    Deliveries by the Kidoz
	Securities Holders
	............................................................     27
11.   Termination
..................................................................................................................
	    28
11.1    By either Kidoz or Shoal Games
	...........................................................................
	    28
11.2    By Shoal Games
	...................................................................................................
	    28
11.3    By Kidoz
	..............................................................................................................
	    28
11.4    End Date
	..............................................................................................................
	    28
11.5    Governmental Entity Order or Law
	.......................................................................    
	28
11.6    Survival
	................................................................................................................
	    28
12.   Indemnification
.............................................................................................................
	    28
12.1    By Shoal Games
	...................................................................................................
	    28
12.2    By Kidoz
	..............................................................................................................
	    28
12.3    By the Kidoz Securities Holders
	............................................................................
	    29
12.4    Indemnity Procedure
	.............................................................................................
	    29
12.5    Limitation on Liability
	............................................................................................
	    30
13.   Miscellaneous Provisions
............................................................................................
	    31
13.1   
		Amendment
	..........................................................................................................
	    31
13.2    Waiver
	.................................................................................................................
	    31
13.3    Entire Agreement
	..................................................................................................
	    31
Table of Contents
(continued)
13.4
Governing Law; Venue
	.........................................................................................
	    31
13.5    Arbitration
	............................................................................................................
	    32
13.6   

		Specific Performance; Remedies

	...........................................................................
	    32
13.7   
		Enurement
	............................................................................................................
	    32
13.8   
		Assignability
	.........................................................................................................
	    32
13.9   
		Notices
	................................................................................................................
	    33
13.10 
		Severability
	...........................................................................................................
	    33
13.11  Construction
	.........................................................................................................
	    34
13.12  Execution by
	Counterparts
	....................................................................................
	    34
SCHEDULE "A" 
	-   KIDOZ SECURITIES HOLDERS AND SECURITIES HELD
SCHEDULE "B"
	 -   REPRESENTATIONS AND WARRANTIES OF KIDOZ
SCHEDULE "C" 
	-   SEPARATE REPRESENTATIONS AND WARRANTIES OF THE KIDOZ SECURITIES HOLDERS
SCHEDULE "D"
		 -   REPRESENTATIONS AND WARRANTIES OF SHOAL GAMES
SHARE PURCHASE AGREEMENT
This

		Agreement

	entered into as of December 21, 2018, by and among Shoal Games Ltd., a
	public company formed under the laws of Anguilla, the common shares of which
	are listed and posted for trading on the TSX Venture Exchange ("Shoal
	Games"); Kidoz Ltd., a private company formed under the laws of the State of
	Israel ("Kidoz"); and those Persons specified in Schedule "A" attached
	hereto (the "Kidoz Securities Holders") and amended effective January 18,
	2019 and February 28, 2019.
Certain capitalized terms used in this
		Agreement

	are defined in Section 1 below.
RECITALS
A.
A
.
Shoal Games is desirous of acquiring
	from the Kidoz Securities Holders all of those Kidoz Shares which are
	currently issued and outstanding and all of those Kidoz Shares which
	hereafter and prior to the time specified in this Agreement for the
	contemplated exchange of shares become issued and outstanding as a result of
	those exercises of Kidoz Share Acquisition Rights specified in this
	Agreement, in exchange for issuance to the Kidoz Securities Holders of
	52,450,286 common shares of Shoal Games (which will, after the issuance
	thereof and the subsequent immediate issuance of 5,000,000 common shares of
	Shoal Games under the Concurrent Financing currently being conducted by
	Shoal Games, constitute 40% of the shares of Shoal Games that are then
	issued and outstanding), on the terms and subject to the conditions set
	forth in this Agreement.
B.         B.       

	Each of the Kidoz Securities Holders is
	desirous of transferring and assigning to Shoal Games all of the Kidoz
	Shares which he, she or it currently holds and/or which he, she or it,
	hereafter and prior to the time specified in this Agreement for the
	contemplated exchange of shares, acquires as a result of those exercises of
	Kidoz Share Acquisition Rights specified in this Agreement, in exchange for
	issuance to him, her or it of those of the Shoal Games Exchange Shares
	specified in this Agreement, on the terms and subject to the conditions set
	forth in this Agreement.
C.        C.        

	Those of the Kidoz Securities Holders
	who or which hold Kidoz Convertible Loans are desirous of exercising, prior
	to the time specified in this Agreement for the contemplated exchange of
	Kidoz Shares for Shoal Games Exchange Shares, all of the Kidoz Share
	Acquisition Rights attaching to the Kidoz Convertible Loans.
D.        D.        

	The Shoal Games  Board has: (i)
	determined that this Agreement and the transactions contemplated hereby
	(collectively, the "Transactions") are in the best interests of Shoal Games
	and its shareholders, (ii) approved this Agreement and the Transactions and
	the consummation thereof; and reserved the Shoal Games Exchange Shares for
	issuance pursuant to this Agreement.
E.        E.
The Kidoz Board has: (i) determined
	that this Agreement and the Transactions are in the best interests of Kidoz,
	(ii) approved this Agreement and the Transactions and all actions required
	to be taken by Kidoz to facilitate the consummation thereof, including with
	respect to the issuances of Kidoz Shares upon those exercises of Kidoz Share
	Acquisition Rights contemplated by and specified in this Agreement.
AGREEMENT
The parties to this Agreement, intending to be legally bound, agree as
	follows:
Section 1.        Definitions
1.1             

	For purposes of this Agreement, the
	following terms shall have the following meanings:
(a)               

		"
1933 Act
" means the United States Securities Act of 1933, as
	amended;
(b)              

		"
1934 Act
" means the United States Securities Exchange Act of 1934,
	as amended;
(c)               

		"
Agreement
" means this agreement, together with the schedules
	attached hereto, as amended, amended and restated or supplemented from time
	to time;
(d)              

		"
Business Day
" means any day other than (i) a Saturday or Sunday or
	(ii) a day on which banks are permitted to close either in Canada or in the
	State of Israel;
(e)
"CFPOA"
means the Canadian "Corruption of Foreign Public Officials
	Act", as amended;
(f)                

		"
Companies Registrar
" means the Registrar of Companies of the State
	of Israel;
(g)               

		"
Concurrent Financing
" means the non-brokered private placement, of
	at least 5,000,000 Shoal Games Shares at price of U.S.$0.40 per share, for
	aggregate proceeds of at least U.S.$2,000,000, currently being made by Shoal
	Games;
(h)               

		"
Confidential Information
" of any Entity means all non-public or
	proprietary information pertaining to such Entity or its business or its
	Technology or its product(s), including all Trade Secrets, any and all
	information constituting or relating to Intellectual Property Rights,
	product development, price, customer and supplier lists, pricing and
	marketing plans, policies and strategies, details of client and consultant
	contracts, operations methods, product development techniques, business
	acquisition plans or new personnel acquisition plans and all other
	confidential or proprietary information with respect to such Entity and its
	customers and vendors;
(i)                 

		"
Consent
" means any approval, clearance, consent, ratification,
	permission, waiver or authorization (including any Governmental
	Authorization);
(j)                

		"
Contract
" means any written, oral or other agreement, arrangement,
	engagement, contract, subcontract, lease, franchise, instrument, note,
	indenture, bond, debenture, option, warranty, purchase order, license,
	sublicense, insurance policy, benefit plan or legally binding commitment,
	undertaking or forbearance of any nature;
(k)              

		"
Contractor
" means, with respect to any party, a Person who provides
	services to such party pursuant to a Contract, but does not include any
	employee of such party, in that capacity;
(l)                 

		"
Court
" means a court of competent jurisdiction, including, without
	limitation, the Tel-Aviv-Jaffa District Court of the State of Israel and

	the Ontario Superior Court of Justice (Commercial List);
(m)             

	"
EDGAR
" means the SEC's Electronic Data Gathering, Analysis, and
	Retrieval system implemented at www.edgar.com;
(n)               

		"
Encumbrance
" means any lien, license, covenant, pledge,
	hypothecation, attachment, charge (including any floating charge), mortgage,
	security interest, debenture, encumbrance, claim, infringement,
	interference, option, right of first refusal, preemptive right, community
	property interest or restriction of any nature (including any restriction on
	the voting of any security, any restriction on the transfer of any security
	or other asset, any restriction on the receipt of any income derived from
	any asset, any restriction on the use of any asset and any restriction on
	the possession, exercise or transfer of any other attribute of ownership of
	any asset).
(o)              

		"
Entity
" means any corporation (including any non-profit
	corporation), general partnership, limited partnership, limited liability
	partnership, joint venture, estate, trust, company (including any private
	company, public company, company limited by shares, limited liability
	company or joint stock company, firm, society or other enterprise,
	association, organization or entity.
(p)              

		"
Exchange Acceptance
" means acceptance by the TSX Venture Exchange of
	all the transactions contemplated in and by this Agreement;
(q)              

		"
FCPA
" means the United States Foreign Corrupt Practices Act of 1977,
	as amended;
(r)                

		"
Governmental Entity
" means any: (i) nation, state, commonwealth,
	province, territory, county, municipality, district or other jurisdiction of
	any nature; (ii) federal, state, local, municipal, foreign or other
	government; or (iii) United States, Canadian, Israeli or other governmental
	or quasi-governmental authority of any nature (including any governmental
	division, department, agency, commission, registrar, instrumentality,
	office, official, ministry, fund, foundation, center, organization, unit,
	body or Entity and any court or other tribunal);
(s)               

	"
Intellectual Property
" means domestic and foreign: (i) patents,
	applications for patents and reissues, divisions, continuations, renewals,
	extensions and continuations-in-part of patents or patent applications; (ii)
	proprietary and nonpublic business information, including inventions
	(whether patentable or not), invention disclosures, improvements,
	discoveries, trade secrets, confidential information, know-how, methods,
	processes, designs, technology, technical data, schematics, formulae and
	customer lists, and documentation relating to any of the foregoing; (iii)
	copyrights, copyright registrations and applications for copyright
	registration; (iv) mask works, mask work registrations and applications for
	mask work registrations; (v) designs, design registrations, design
	registration applications and integrated circuit topographies; (vi) trade
	names, business names, corporate names, domain names, website names and
	world wide web addresses, common law trade-marks, trade-mark registrations,
	trade mark applications, trade dress and logos, and the goodwill associated
	with any of the foregoing; (vii) software; and (viii) any other intellectual
	property and industrial property;
(t)                

		"
Intellectual Property Rights
" means any and all of the following
	rights (anywhere in the world, whether statutory, common law or otherwise)
	and including where applicable all registrations and applications therefor:
	(a) United States, Israeli and foreign patents and patent applications and
	disclosures relating thereto (and any patents that issue as a result of
	those patent applications), and any renewals, reissues, re-examinations,
	extensions, continuations, continuations-in-part, divisions and
	substitutions relating to any of the patents and patent applications, as
	well as all related foreign patent and patent applications that are
	counterparts to such patents and patent
applications, (b) United States,
	Israeli and foreign trademarks, trade names, service marks, service names,
	trade dress, logos, slogans, 800 numbers and corporate names, whether
	registered or unregistered, and the goodwill associated therewith, together
	with any registrations and applications for registration thereof, (c) rights
	in works of authorship including any United States, Israeli and foreign
	copyrights and rights under copyrights, whether registered or unregistered,
	including moral rights, and any registrations and applications for
	registration thereof, (d) rights in databases and data collections
	(including knowledge databases, customer lists and customer databases) under
	the laws of the United States, Israel or any other jurisdiction, whether
	registered or unregistered, and any applications for registration therefor,
	(e) trade secrets and other rights in know-how and confidential or
	proprietary information (including any business plans, designs, technical
	data, customer data, financial information, pricing and cost information,
	bills of material, or other similar information), (f) URL and domain name
	registrations, (g) mask work rights, (h) all claims and causes of action
	arising out of or related to infringement or misappropriation of any of the
	foregoing, and (i) other similar proprietary or intellectual property rights
	now known;
(u)               

		"
Israeli Companies Law
" means the Israeli Companies Law, 5759-1999
	(including those portions of the Israeli Companies Ordinance [New Version]
	5743-1983 that continue to be in effect);
(v)               

		"
Israeli GAAP
" means Israeli generally accepted accounting
	principles;
(w)             

	"
Kidoz
" means Kidoz Ltd., a private company established in Israel,
	registered at the Companies Registrar and existing under the Israeli
	Companies Law;
(x)               

	"
Kidoz Board
" means the board of directors of Kidoz;
(y)               

	"
Kidoz Business
" means the business(es) in which Kidoz is currently
	engaged, as the same are currently being conducted;
(z)               

	"
Kidoz Convertible Loans
" means the loans made to Kidoz during
	December 2017 by Lool Ventures Limited Partnership, Aryeh Mergi and Dov
	Moran for a total principal amount of US$250,000, the obligations of Kidoz
	under which are convertible into Kidoz Preferred Shares in the manner
	specified in the loan agreement(s) documenting the same;
(aa)           

	"
Kidoz Data Room
" means the electronic data room made accessible by
	Kidoz to Shoal Games and Shoal Games' Representatives in connection with the
	conduct by Shoal Games of its due diligence on Kidoz hosted by Google Drive,
	as the same was constituted on the date of execution of this Agreement;
(bb)          

	"
Kidoz Employee Stock Option Plan
" or "
Kidoz ESOP
" means the
	(Israeli) employee incentive plan known as "The 2015 Incentive Option Plan"
	of Kidoz Ltd.;
(cc)           

	"
Kidoz Financial Statements
" means the audited comparative financial
	statements of Kidoz for the years ending December 31, 2014 (with
	comparatives to 2103), December 31, 2015, December 31, 2016, and December
	31, 2017, each audited by Sarid Shani, Certified Public Accountants
	(Israel);
(dd)          

		"
Kidoz Intellectual Property Rights
" means any and all Intellectual
	Property Rights that are or have been owned or purported to be owned by, or
	licensed to, Kidoz;
(ee)           

		"
Kidoz IP
" means the Kidoz Intellectual Property Rights and the Kidoz
	Technology;
(ff)              

		"
Kidoz Key Employees
" means Eldad Ben Tora;
(gg)           

	"
Kidoz Line of Credit
"
	means the
		1,000,000
	NIS line of credit provided to Kidoz by
	Bank
		Leumi;
(hh)           

		"
Kidoz Material Contracts
" means and includes all Contracts of Kidoz
	which are Material Contracts;
(ii)               

	"
Kidoz Options
" means options to acquire Kidoz Shares issued by Kidoz
	pursuant to or governed by the Kidoz Employee Stock Option Plan,
	whether or not vested;
(jj)              

		"
Kidoz Ordinary Shares
" means the Ordinary shares, nominal value NIS
	0.01 per share, in the capital of Kidoz;
(kk)          

		"
Kidoz Preferred Shares
" means the Series A Preferred shares, nominal
	value NIS 0.01 per share, in the capital of Kidoz, each with such specific
	and differentiating rights of conversion to Kidoz Ordinary Shares as may
	have been or may hereafter be attached thereto at the time of issuance
	thereof;
(ll)               

	"
Kidoz Securities Holders
" means those Persons listed in Schedule "A"
	to this Agreement, and "
Kidoz Securities Holder
" means any one of
	them;
(mm)       

	"
Kidoz Share Acquisition Rights
" means, at any particular time, all
	those rights to acquire Kidoz Shares which are outstanding at such time,
	including rights under Kidoz Options and under the Kidoz Convertible Loans;
(nn)           

		"
Kidoz Shares
" means the Kidoz Ordinary Shares and the Kidoz
	Preferred Shares;
(oo)          

		"
Kidoz Software
" means all (a) computer programs, operating systems,
	applications systems, firmware, microcode, or software code of any nature,
	whether operational or under development, including software implementations
	of algorithms, models, rule, definitions, methodologies, source code, object
	code, RTL code, Gerber files, GDSII files, executable code, data files,
	libraries, frameworks, software development kits, application programming
	interfaces, subroutines and other components thereof; (b) computerized
	Databases and other computerized compilations and collections of data or
	information, including all data and information included in such Databases,
	compilations or collections; (c) screens, user interfaces, command
	structures, report formats, templates, menus, buttons and icons related to
	any of the foregoing; (d) descriptions, flow-charts, architectures,
	development tools, and other materials used to design, plan, organize and
	develop any of the foregoing; and (e) all documentation, including
	development, diagnostic, support, user and training documentation related to
	any of the foregoing;
(pp)          

		"
Kidoz Technology
" means any and all Technology that is or has been
	owned or purported to be owned by, or licensed to, Kidoz;
(qq)          

		"
Kidoz Working Capital
" at any specified time shall mean and be the
	sum of: (i) the amount which Kidoz has on deposit at such time in its bank
	account(s), with any amount on deposit denominated in NIS or the currency of
	any other non-U.S. country or monetary union being converted to United
	States dollars at the rate then publicly quoted by Kidoz's principal bank
	for the purchase of such amount with United States
dollars, and (ii) the
	amount of the accounts receivable of Kidoz at such time, determined in
	accordance with Israeli GAAP, with any amount receivable denominated in NIS
	or the currency of any other non-U.S. country or monetary union being
	converted to United States dollars at the rate then publicly quoted by
	Kidoz' principal bank for the purchase of the amount thereof with United
	States dollars; minus the liabilities of Kidoz at such time, determined in
	accordance with Israeli GAAP but not including any absolute or contingent
	liability to any investment banker in connection with the transactions
	contemplated herein, with the amount of any liability denominated in NIS or
	the currency of any other non-U.S. country or monetary union being converted
	at the rate then publicly quoted by Kidoz' principal bank for the purchase
	of the amount thereof with United States dollars;
(rr)             

		"
Knowledge
" of any party means the actual knowledge of such party and
	with respect to a corporate party is deemed to include the actual knowledge
	of each executive officer and director of that party;
(ss)            

	"
Laws
" means all laws, by-laws, statutes, rules, regulations, orders,
	ordinances, protocols, codes, guidelines, instruments, policies, notices,
	directions and judgments or other requirements of any Governmental Entity,
	including Securities Laws, and "
Law
" means any one of such Laws, and
	the term "
applicable
" with respect to such Laws and in a context that
	refers to one or more Persons, means such Laws as are applicable to such
	Person or its business, undertaking, assets, property or securities and
	emanate from a Person having jurisdiction over the Person or Persons or its
	or their business, undertaking, assets, property or securities;
(tt)              

		"
Legal Proceeding
" means any action, suit, litigation, arbitration,
	proceeding (including any civil, criminal, administrative, investigative or
	appellate proceeding), hearing, inquiry, audit, examination or investigation
	commenced, brought, conducted or heard by or before, or otherwise involving,
	any court or other Governmental Entity or any arbitrator or arbitration
	panel (whether in the United States, Canada, Israel or elsewhere);
(uu)           

		"
Legal Requirement
" or "Law" means any United States, Canadian,
	Israeli or other federal, state, local, municipal or foreign law, statute,
	constitution, principle of common law, resolution, ordinance, code, edict,
	decree, rule, regulation, ruling, collective bargaining agreement, extension
	order or requirement issued, enacted, adopted, promulgated, implemented or
	otherwise put into effect by or under the authority of any Governmental Body
	(or under the authority of the TSX Venture Exchange), including any
	qualification, criterion, requirement or condition promulgated, stipulated
	or set forth in any Governmental Grant or in any certificate of approval for
	any Governmental Grant;
(vv)           

		"
LOI
" means the letter of interest executed by Shoal Games and Kidoz
	dated October 23, 2018;
(ww)       

		"
Losses
" means costs, losses, damages and expenses, of whatever
	nature or kind;
(xx)           

		An event, violation, inaccuracy, circumstance or other matter, or series of
	related events, violations, inaccuracies, circumstances or other matters (a
	"Change"), will be deemed to have a "
Material Adverse Effect
" on a
	Person if such Change, individually or in the aggregate, and regardless of
	whether or not such Change constitutes a breach of the representations or
	warranties made by such Person in this
Agreement, has had, is or would
	reasonably be expected to have, a material adverse effect on the business,
	financial condition, capitalization, assets, liabilities, operations or
	financial performance of such Person, taken as a whole; provided, however,
	that none of the following Changes shall be deemed to constitute, and that
	none of the following Changes shall be taken into account in determining
	whether there has been or would reasonably be expected to be, a Material
	Adverse Effect on any Person: (i) changes in U.S. GAAP or Israeli GAAP or
	any Legal Requirements (or any interpretations thereof), occurring after the
	date hereof applicable to such Person, (ii) any acts of terrorism or war or
	any weather related event, fire or natural disaster, in such jurisdictions
	in which such Person has substantial operations, (iii) compliance with the
	terms of, the taking of any action required or the failure to take any
	action prohibited by this Agreement or the taking of any action consented to
	or requested in writing by the other parties to this Agreement, (iv) any
	failure by such Person to meet internal, analysts or published projections,
	forecasts, performance measures, operating statistics or revenue or earnings
	predictions for any period (but in each case excluding any of the underlying
	reasons for, factors contributing to, or results of, any such changes, which
	may be taken into consideration in the determination of a "Material Adverse
	Effect"), (v) the announcement of the execution of this Agreement (including
	the threatened or actual impact on relationships of such Person with
	customers, vendors, suppliers, distributors, landlords or employees), (vi)
	changes in the industries or in the markets or legal or regulatory
	environment in which such Person operates generally, or (vii) changes in
	general economic or political conditions or the applicable capital markets,
	or financial credit in general (including prevailing interest rates,
	exchange rates and stock market levels) (except, in each case of subsections
	(i), (ii), (vi) and (vii), if such Person is materially disproportionately
	affected in an adverse manner as compared to other participants in the
	industries in which such Person participates);
(yy)           

	"
Material Contract
" means, in respect of any Person, any Contract to
	which such Person is a party or by the assets of such Person are bound
	which, if terminated, breached or not renewed would or would reasonably be
	expected to have a Material Adverse Effect with respect to such Person;
(zz)            

	"
Money Laundering Laws
"  means all money laundering statutes of all
	applicable jurisdictions, the rules and regulations thereunder and any
	related or similar rules, regulations or guidelines, issued, administered or
	enforced by any applicable Governmental Entity, including the Israeli
	Prohibition on Money Laundering Law 5760-2000 and the USA PATRIOT Act,
	collectively;
(aaa)        

	"
New Kidoz Certificates
" means the certificates representing the
	Kidoz Shares to be sold, assigned and transferred to and held by Shoal
	Games;
(bbb)      

	"
NIS
" means New Israeli Shekels;
(ccc)        

	"
Non-Arm's Length Agreement
" means, with respect to any party, any
	Contract between such party and any Person with whom such party is not, at
	the applicable time, dealing at arm's length (within the meaning of such Law
	or Laws as may be applicable to the determination thereof), excluding, for
	greater certainty, any employment or similar service agreements entered into
	in the ordinary course;
(ddd)      

	"
OFAC
" means the United States Treasury Department's Office of
	Foreign Assets Control;
(eee)        

	"
Old Kidoz Certificates
" means the certificates representing the
	Kidoz Shares as held by the
		Kidoz Securities Holders at the Share Exchange Time;
(fff)            

	"
Person
" means an individual, partnership, association, body
	corporate, limited partnership, a trust, a trustee, executor, administrator
	or other legal personal representative, a syndicate, a joint venture,
	government (including any Governmental Entity) or any other Entity, whether
	or not having legal status;
(ggg)        

		"
Pre-Closing Period
" means the period commencing on the date of this
	Agreement and ending immediately prior to the Share Exchange Time;
(hhh)        

		"
Regulatory Approvals
" means all third party approvals required in
	order for all of the transactions contemplated hereby to be carried out,
	including without limitation, all required approvals of the Exchange and the
	Exchange Acceptance;
(iii)              

		"
Regulatory Authority
" means any supranational, national, federal,
	state, regional, tribal, provincial, local or municipal administrative,
	judicial, legislative, executive, regulatory, police or taxing government or
	governmental or quasi-governmental authority of any nature, including any
	agency, branch, bureau, department, commission, official or entity, or any
	court, arbitrator or other tribunal, whether domestic or foreign, and
	including without limitation, the TSX Venture Exchange;
(jjj)            

	"
Replacement Options
" has the meaning ascribed to that term in the
	Plan of Arrangement;
(kkk)      

		"
Representatives
" means and includes officers, directors, employees,
	agents, attorneys, accountants and advisors;
(lll)              

		"
SEC
" means the United States Securities and Exchange Commission;
(mmm)  

	"
Securities Authorities
" means collectively, the SEC, the Israeli
	Securities Agency, the Ontario Securities Commission, the British Columbia
	Securities Commission, any other securities Regulatory Authority in a
	province or territory of Canada which may be applicable, and
	the TSX Venture Exchange;
(nnn)        

	"
Securities Laws
" means the 1933 Act, the 1934 Act, any applicable
	U.S. state securities Laws,
	the Israeli Securities Law, 1968, as amended,

	the Securities Act (Ontario), the Securities Act (British Columbia) and any
	other applicable securities Laws of a province or territory of Canada, as
	amended
		and all rules and regulations promulgated thereunder, as amended, and the
	rules and regulations of the SEC, the Israeli Securities Agency and the TSX
	Venture Exchange;
(ooo)      

		"
SEDAR
" means the System for Electronic Data Analysis and Retrieval
	implemented at www.sedar.com;
(ppp)      

	"
Share Exchange Time
" means the earliest time during the Closing at
	which all of the preliminary actions required to have been taken by Kidoz
	and the Kidoz Securities Holders to enable the exchange of shares
	contemplated in Section 2.01 hereof to be effected have been taken;
(qqq)      

	"
Shoal Games
" means Shoal Games Ltd., a company existing under the
	Anguilla International Business Corporations Act;
(rrr)           

	"
Shoal Games Board
" means the board of directors of Shoal Games;
(sss)         

	"
Shoal Games Data Room
" means the electronic data room made
	accessible by Shoal Games to Kidoz and Kidoz's Representatives in connection
	with the conduct by Shoal Games of its due diligence on Kidoz hosted by
	Google Drive, as the same was constituted on the date of execution of this
	Agreement;
(ttt)            

	"
Shoal Games Exchange Shares
" means the
		52,450,286

	Shoal Games Shares which are to be issued to the Kidoz Securities Holders
	pursuant to Section 2.1 of this Agreement;
(uuu)        

	"
Shoal Games Filings
" means all documents publicly filed under the
	profile(s) of Shoal Games on EDGAR and SEDAR;
(vvv)        

	"
Shoal Games Financial Statements
" means all financial statements of
	Shoal Games included in the Shoal Games Filings;
(www)  

	"
Shoal Games Group
" means Shoal Games and the Subsidiaries of Shoal
	Games or any combination of such Persons;
(xxx)        

	"
Shoal Games IP
" means any and all Intellectual Property Rights that
	are or have been owned or purported to be owned by,
	or licensed to, Shoal Game or any other member of the Shoal Games Group. and
	all Technology that is or has been owned or purported to be owned by, or
	licensed to, Shoal Games or any other member of the Shoal Games Group;
(yyy)        

		"
Shoal Games Key Employees
" means Tryon M. Williams (Executive
	Chairman) and Jason M. Williams (CEO), each of whose services is provided by
	a management corporation);
(zzz)         

	"
Shoal Games Material Contract
" means a Contract of Shoal Games or of
	any other member of the Shoal Games Group which is a Material Contract of
	Shoal Games or such member of the Shoal Games Group;
(aaaa)    

		"
Shoal Games Options
" means options to purchase Shoal Games Shares
	issued pursuant to or governed by the Shoal Games Stock Option Plan;
(bbbb)  
		"
Shoal Games Shares
" mean the common shares without par value in the
	capital of Shoal Games;
(cccc)    

		"
Shoal Games Stock Option Plan
" means the 10% "rolling" stock option
	plan implemented by Shoal Games effective July 2, 2015 and approved by the
	TSX Venture Exchange;
(dddd)  

	"
Shoal Games Working Capital
" at any specified time shall mean and be
	the current assets of Shoal Games at such time, determined in accordance
	with U.S. GAAP applied consistent with prior financial reporting periods but
	not including such aggregate net amount as Shoal Games may theretofore have
	received under the Concurrent Financing minus the current liabilities of
	Shoal Games at such time, determined in accordance with U.S. GAAP applied
	consistent with prior financial reporting periods;
(eeee)    

	"
Subsidiary
" means, with respect to a Person, any Entity, whether
	incorporated or unincorporated: (i) of which such Person or any other
	subsidiary of such Person is a general partner; or (ii) at least a majority
	of the securities or other interests of which having by their terms ordinary
	voting power to elect a majority of the board of directors or other Persons
	performing similar functions with respect to such corporation or other
	organization is directly or indirectly owned or controlled by such Person
	and/or by any one or more of its subsidiaries; and shall include any body
	corporate, partnership, joint venture or other entity over which it
	exercises direction or control.  For purposes of this definition, "control"
	when used with respect to any Person means the power to direct the
	management and policies of such Person, directly or indirectly, whether
	through the ownership of voting securities, by contract or otherwise;
(ffff)          

	"
Tax Returns
" means all returns, schedules, elections, declarations,
	reports, information returns, notices, forms, statements and other documents
	made, prepared or filed with any Governmental Entity or required to be made,
	prepared or filed with any Governmental Entity relating to Taxes;
(gggg)    

	"
Tax
" and "
Taxes
"
		means (i) any and all taxes, customs, duties, tariffs, imposts, charges,
	deficiencies, assessments, levies or other like governmental charges,
	including, without limitation, income, gross receipts, excise, real or
	personal property, ad valorem, value added, estimated, alternative minimum,
	stamp, sales, withholding, social security, occupation, use, service,
	service use, license, net worth, payroll, franchise, transfer, national
	health insurance, severance and recording taxes and charges, imposed by any
	Governmental Entity with taxing authority and such term shall include any
	interest, fines, penalties, linkage differentials (hefreshei hatzmada) or
	additional amounts attributable to, or imposed upon, or with respect to, any
	such amounts, if any, whether disputed or not; and (ii) any liability for
	the payment of any amounts of the type described in clause (i) as a result
	of being or having been a member of an affiliated, consolidated, combined,
	unitary or similar group for any period (including any arrangement or group
	or consortium relief or similar arrangement);
(hhhh)    

		"
Technology
" means any and all of the following tangible embodiments
	of Intellectual Property Rights, in any form or media:  diagrams, inventions
	(whether or not patentable), invention disclosures, know-how, ideas,
	methods, software, network configurations and architectures, proprietary
	information, protocols, schematics, design information, bills of material,
	build instructions, tooling requirements, manufacturing processes,
	specifications, technical data, software code (in any form, including source
	code and executable or object code), build scripts, test scripts,
	algorithms, APIs, subroutines, techniques, user interfaces, IP cores, net
	lists, photomasks, lab notebooks, packaging and other specifications,
	verification tools, development tools, test reports, domain names, web
	sites, works of authorship, documentation (including instruction manuals,
	samples, studies, and summaries), databases and data collections or any
	other form of technology;
(iiii)            

		"
Trademarks
" means unregistered and registered trademarks, trade
	names, service marks, service names, common law trademarks and service
	marks, trade dress and logos, trade names, business names, corporate names,
	product names, source or business identifiers, collective membership marks,
	certification marks, slogans, 800 numbers, social media pages or
	designations, hash tags and other forms of indicia or
origin, whether or not registrable as a trademark in any given jurisdiction, and the goodwill
	associated with any of the foregoing and any renewals and extensions of any
	of the foregoing;
(jjjj)          

		"
Trade Secrets
" means information and materials not generally known
	to the public, including confidential and proprietary information, whether
	oral or written, and include ideas, designs, concepts, compilations of
	information, methods, techniques, procedures, processes and other know-how,
	whether or not patentable, of any nature in any form, including all
	writings, memoranda, copies, reports, papers, surveys, analyses, drawings,
	letters, computer printouts, computer programs, computer applications,
	specifications, business methods, business processes, business techniques,
	business plans, data (including customer data), graphs, charts, sound
	recordings or pictorial reproductions, that (a) derive independent economic
	value, actual or potential, from not being generally known to the public or
	to other Persons who can obtain economic value from its disclosure or use
	and (b) are the subject of efforts to maintain their secrecy;
(kkkk)  
		"
U.S. GAAP
" means United States generally accepted accounting
	principles;
(llll)            

		"
United States
" means the United States of America, its territories
	and possessions;
(mmmm)     

		"
U.S.
" means United States; and
(nnnn)    

		"
USA PATRIOT Act
" means the United States "Uniting and Strengthening
	America by Providing Appropriate Tools Required to Intercept and Obstruct
	Terrorism Act of 2001", as amended.
1.2
Other Terms
.
	 In addition to the terms defined in Section 1.1, the following terms are
	defined in the Sections of or Schedules to this Agreement noted below:
Defined Term
Section
Anti-Corruption Laws
Schedule "B" at (bb)
Basket
Section 12.5(d)
Charter Documents
Schedule "B" at (h)
Closing Date
Section 10.1
Contractors
Schedule "B" at (c)(iv)
D&O Insurance
Section 6.18
End Date
Section 11.4
Indemnified Party
Section 12.4
Indemnifying Party
Section 12.4
Invention Assignment Agreements
Schedule "B" at (z)(iv)
Kidoz 2018 Statement of Cash Flows
Schedule "B" at (n)(ii)
Kidoz IP
Schedule "B" at (z)(i)
Kidoz Premises Lease
Schedule "B" at (w)(i)
Kidoz Representations
Section 12.2
Kidoz Securities Holders
			Representations
Section 12.3
Party
Section 13.11(g)
Rule 144
Schedule "D" at (h)(ii)(B)
Shoal Games Premises Leases
Schedule "D" at (x)(i)
VAT
Schedule "B" at (v)(viii)
Warranting Shareholder
Schedule "C" at preamble
Section 2.                                                                   

		Share Exchange
2.1             
	Upon and subject to the terms and conditions of this Agreement, at
	the Share Exchange Time, each of the Kidoz Securities Holders shall sell,
	assign and transfer to Shoal Games, and Shoal Games shall purchase from each
	of the Kidoz Securities Holders, all right, title and interest in and to
	those Kidoz Shares then held by each of them, which together shall
	constitute all of the equity securities of Kidoz which are then issued and
	outstanding, and, in consideration therefor, Shoal Games shall issue to such
	trustee as shall be specified by each of the Kidoz Securities Holders who or
	which is specified in Schedule "A" as being a tax resident of Israel or as
	holding Kidoz Shares for a beneficiary who is a tax resident of Israel and
	to each of the other Kidoz Securities Holders themselves that number of
	Shoal Games Shares determined by multiplying 52,450,286
	by a fraction, the numerator of which is
	equal to the sum of the number of Kidoz Ordinary Shares that are held by the
	applicable Kidoz Securities Holder at the Share Exchange Time and the number
	of further Kidoz Ordinary Shares, if any, that would be held by the
	applicable Kidoz Securities Holder at the Share Exchange Time if all of the
	conversion rights attaching to all of the Kidoz Shares then held by that
	Kidoz Securities Holder, if any, were exercised and the denominator of which
	is equal to the total number of Kidoz Ordinary Shares that would be issued
	and outstanding at the Share Exchange Time if all of the conversion rights
	attaching to all of the Kidoz Shares then issued and outstanding were
	exercised, rounded down to the nearest whole number of shares, in each
	applicable case to be held by the trustee specified for the benefit of the
	applicable Kidoz Securities Holder or specified current beneficiary.
Section 3.
Representations
	and Warranties of Kidoz.
3.1             

	Kidoz
represents
	and warrants to and in favour of Shoal Games as set forth in Schedule "B"
	and Kidoz and each of the Kidoz Securities Holders acknowledges that Shoal
	Games is relying upon such representations and warranties in entering into
	this Agreement and will be relying upon such representations and warranties
	in completing its obligations hereunder.
Section 4.
Representations and Warranties of the Kidoz Securities Holders.
4.1             

	Each of the Kidoz Securities Holders,
	with respect only to himself, herself or itself, not jointly, and only to
	matters pertaining to the securities and/or rights which he, she or it holds
	or may come to hold and not with respect to any of the other Kidoz
	Securities Holders or any matters pertaining to any of the securities and/or
	rights which any of the other Kidoz Securities Holders holds or may come to
	hold, represents and warrants to and in favour of Shoal Games as set forth
	in Schedule "C" and acknowledges that Shoal Games is relying upon such
	representations and warranties in entering into this Agreement and will be
	relying upon such representations and warranties in completing its
	obligations hereunder.
Section 5.
Representations and Warranties of Shoal Games.
5.1             

	Shoal Games represents and warrants to
	and in favour of Kidoz and the Kidoz Securities Holders and each of them as
	set forth in Schedule "D" and acknowledges that Kidoz and the Kidoz
	Securities Holders and each of them is relying upon such representations and
	warranties in entering into this Agreement and will be relying upon such
	representations and warranties in completing their respective obligations
	hereunder.
Section 6.                                                                   

		Covenants and Agreements.
6.1
Operation of Kidoz's Business.
(a)               

	During the Pre-Closing Period, Kidoz
	shall, unless otherwise approved in writing (which shall include e-mail) by
	Shoal Games (which approval shall not be unreasonably withheld or delayed):
(i)        conduct its business and operations in
	the ordinary course and in accordance with past practices;
(ii)       preserve intact its current business
	organization, keeps available the services of its current officers and key
	employees and maintain its current relations consistent with prior business
	practices with all suppliers, customers, distributors, landlords, creditors,
	licensors, licensees, key employees and other Persons having contractual or
	other business relationships with Kidoz;
(iii)       timely pay its debts and Taxes
	consistent with past practices and in compliance with all applicable terms
	and conditions, or laws and regulations;
(iv)       collect its receivables in the same
	manner and on the same terms as such receivables have historically been
	collected; and
(v)       promptly notify Shoal Games of (A) any
	notice or other communication from any Person alleging that the Consent of
	such Person is or may be required in connection with any of the transactions
	contemplated by this Agreement, (B) any Legal Proceeding commenced or
	threatened against, relating to or involving or otherwise affecting Kidoz
	that relates to the consummation of any of the transactions contemplated by
	this Agreement; provided that no notification so given to Shoal Games shall
	limit or otherwise affect any of the representations, warranties, covenants
	or obligations of Kidoz and/or any of the Kidoz Securities Holders contained
	in this Agreement;
save and except where failure to do so
	would not have a Material Adverse Effect on Shoal Games.
(
b)              

	During the Pre-Closing Period, Kidoz
	will not, without the prior written consent of Shoal Games (which approval
	shall not be unreasonably withheld):
(i)                  

	declare, accrue, set aside or pay any
	dividend (whether in cash, stock or property or any combination thereof) or
	make any other distribution in respect of any shares or other securities, or
	repurchase, redeem or otherwise reacquire any shares or other securities,
	except as may be required or allowed in connection with the transactions
	contemplated in this Agreement;
(ii)                

	form any Subsidiary or acquire any
	equity interest or other interest in any other Entity;
(iii)               

	enter into or become bound by, or
	permit any of the assets owned or used by it to become bound by or subject
	to, any Material Contract or Encumbrance, or amend or terminate, or waive or
	exercise any material right or remedy under, any Material Contract, other
	than in the ordinary course of business consistent with past practice;
(iv)              

	acquire, lease or license any right or
	other asset from any other Person or sell, transfer, pledge or otherwise
	dispose of, or lease or license, any right or other asset to any other
	Person, except in each case for immaterial assets acquired, leased,
	licensed, sold, transferred, pledged or disposed of by Kidoz in the ordinary
	course of business and consistent with past practices and any non-exclusive
	license of Kidoz IP in the ordinary course of business consistent with past
	practice, or abandon, waive or relinquish any material right;
(v)                

	fail to maintain, or allow to lapse, or
	abandon, including by failure to pay the required fees in any jurisdiction,
	any Kidoz Intellectual Property Rights used in or otherwise material to the
	Kidoz Business;
(vi)              

	other than consistent with past
	practice and in accordance with existing accounting policies, write off any
	receivables or otherwise revalue any of its assets;
(vii)             

	lend money to any Person;
(viii)           

	forgive any loans to any of its
	directors, officers or employees, or except as may be required by applicable
	Law or the terms of any Contract in effect prior to the date hereof that has
	been provided or made available to Shoal Games prior to the date hereof, or
	pay or commit to pay any bonus, commission or other incentive payment or
	make any profit-sharing or similar payment to, or increase or commit to
	increase the amount of the wages, salary, commissions, fringe benefits or
	any other compensation or remuneration payable to, any of its directors,
	officers, employees or consultants with respect to a period following the
	Closing;
(ix)              

	except as required pursuant to Israeli
	law or other applicable Legal Requirement, make any severance or termination
	payment to any officer or other employee;
(x)                

	enter into any material transaction or
	take any other material action outside the ordinary course of business or
	inconsistent with past practices; or
(xi)              

	offer, agree or commit to take any of
	the actions described in clauses "(i)" through "(x)" of this Section 6.1(b).
(c)               

	During the Pre-Closing Period, Kidoz
	shall, promptly following such time as Kidoz has Knowledge of the occurrence
	of such event, notify Shoal Games in writing of any event, condition, fact
	or circumstance that would make the timely satisfaction of any of the
	conditions set forth in Section 8 or Section 9 impossible or unlikely or
	that has had or may reasonably be expected to have a Material Adverse Effect
	on Kidoz.
(d)              

	Notwithstanding the foregoing, Kidoz
	may, without the prior consent of Shoal Games, distribute or otherwise make
	any payment it may deem fit with respect to any amount, so long as the
	payment thereof would not cause the Kidoz Working Capital immediately after
	payment to be less than U.S.$100,000.
6.2
Operation of Shoal Games' Business.
(a)               

	During the Pre-Closing Period, unless
	otherwise approved in writing (which shall include e-mail) by Kidoz, which
	approval shall not be unreasonably withheld or delayed, Shoal Games shall
	and shall ensure that each member of the Shoal Games Group does:
(i)                  

	conduct its business and operations in
	the ordinary course and in accordance with past practices;
(ii)                

	preserve intact its current business
	organization, keeps available the services of its current officers and key
	employees and maintain its current relations consistent with prior business
	practices with all suppliers, customers, distributors, landlords, creditors,
	licensors, licensees, key employees and other Persons having contractual or
	other business relationships with Shoal Games or the applicable member of
	the Shoal Games Group;
(iii)               

	timely pay its debts and Taxes
	consistent with past practices and in compliance with all applicable terms
	and conditions, or laws and regulations;
(iv)              

	collect its receivables in the same
	manner and on the same terms as such receivables have historically been
	collected; and
(v)                

	promptly notify Kidoz of (A) any notice
	or other communication from any Person alleging that the Consent of such
	Person is or may be required in connection with any of the transactions
	contemplated by this Agreement, (B) any Legal Proceeding commenced or
	threatened against, relating to or involving or otherwise affecting Shoal
	Games or the applicable member of the Shoal Games Group that relates to the
	consummation of any of the transactions contemplated by this Agreement;
	provided that no notification so given to Kidoz shall limit or otherwise
	affect any of the representations, warranties, covenants or obligations of
	Shoal Games contained in this Agreement;
save and except where failure to do so would not have a Material Adverse
	Effect on Kidoz or any of the Kidoz Securities Holders.
(b)              

	During the Pre-Closing Period, Shoal
	Games will not and shall ensure that each other member of the Shoal Games
	Group does not, without the prior written consent of Kidoz (which approval
	shall not be unreasonably withheld):
(i)                  

	declare, accrue, set aside or pay any
	dividend (whether in cash, stock or property or any combination thereof) or
	make any other distribution in respect of any shares or other securities, or
	repurchase, redeem or otherwise reacquire any shares or other securities;
(ii)                

	sell, issue, grant or authorize the
	sale, issuance or grant of (A) any shares or other securities, (B) any
	option, call, warrant or right to acquire any shares or other securities, or
	(C) any instrument convertible into or exchangeable for any shares or other
	securities, except that Shoal Games may issue Shoal Games Shares upon the
	valid exercise of any of the Shoal Games Options which are outstanding as of
	the date of this Agreement;
(iii)               

	amend or waive any of its rights under,
	or accelerate the vesting under, any provision of the Shoal Games Stock
	Option Plan;
(iv)              

	amend or permit the adoption of any
	amendment to its memorandum of association or articles of association or
	other charter or organizational documents, or effect or become a party to
	any merger, consolidation, amalgamation, arrangement, share exchange,
	business combination, recapitalization, reclassification of shares, share
	split, division or subdivision of shares, share dividend, issuance of bonus
	shares, reverse share split, consolidation of shares or similar transaction;
(v)                

	form any Subsidiary or acquire any
	equity interest or other interest in any other Entity;
(vi)              

	make any capital expenditure in excess
	of U.S.$75,000 individually or U.S.$150,000 in the aggregate;
(vii)             

	enter into or become bound by, or
	permit any of the assets owned or used by it to become bound by or subject
	to, any Material Contract or Encumbrance, or amend or terminate, or waive or
	exercise any material right or remedy under, any Material Contract, other
	than in the ordinary course of business consistent with past practice;
(viii)           

	acquire, lease or license any right or
	other asset from any other Person or sell, transfer, pledge or otherwise
	dispose of, or lease or license, any right or other asset to any other
	Person, except in each case for immaterial assets acquired, leased,
	licensed, sold, transferred, pledged or disposed of by Shoal Games or the
	applicable member of the Shoal Games Group in the ordinary course of
	business and consistent with past practices and any non-exclusive license of
	the Shoal Games IP in the ordinary course of business consistent with past
	practice, or abandon, waive or relinquish any material right;
(ix)              

	fail to maintain, or allow to lapse, or
	abandon, including by failure to pay the required fees in any jurisdiction,
	any Shoal Games Intellectual Property Rights used in or otherwise material
	to the Shoal Games Business;
(x)                

	other than consistent with past
	practice and in accordance with existing accounting policies, write off any
	receivables or otherwise revalue any of its assets;
(xi)              

	lend money to any Person, or incur or
	guarantee any indebtedness for borrowed money, or have any issues,
	offerings, placements or arrangements of debt securities or commercial bank
	or other credit facilities;
(xii)             

	forgive any loans to any of its
	directors, officers or employees, or except as may be required by applicable
	Law or the terms of any Contract in effect prior to the date hereof that has
	been provided or made available to Kidoz prior to the date hereof, or pay or
	commit to pay any bonus, commission or other incentive payment or make any
	profit-sharing or similar payment to, or increase or commit to increase the
	amount of the wages, salary, commissions, fringe benefits or any other
	compensation or remuneration payable to, any of its directors, officers,
	employees or consultants;
(xiii)           

	hire or terminate any employee,
	officer, director or other service provider, other than hiring or firing of
	employees or other service providers with total annual compensation not in
	excess of U.S.$100,000 per Person and in the ordinary course of business
	consistent with past practice;
(xiv)           

	except as required pursuant to any
	applicable Law, make any severance or termination payment to any officer or
	other employee;
(xv)            

	enter into any material transaction or
	take any other material action outside the ordinary course of business or
	inconsistent with past practices; or
(xvi)           

	offer, agree or commit to take any of
	the actions described in clauses "(i)" through "(xv)" of this Section
	6.2(b).
(c)               

	During the Pre-Closing Period, Shoal
	Games shall, promptly following such time as any member of the Shoal Games
	Group has Knowledge of the occurrence of such event, notify Kidoz in writing
	of any event, condition, fact or circumstance that would make the timely
	satisfaction of any of the conditions set forth in Section 7 impossible or
	unlikely or that has had or may reasonably be expected to have a Material
	Adverse Effect on the Shoal Games Group.
(d)              

	Notwithstanding the foregoing, Shoal
	Games may, without the prior consent of Kidoz, distribute or otherwise make
	any payment as it may deem fit with respect to any amount,

		so long as the payment thereof would not cause the Shoal Games Working
	Capital immediately after payment to be less than U.S.$450,000.
6.3
Standstill
. 
	From the date of execution of this Agreement until completion of the
	transactions contemplated hereby or the earlier termination hereof:
(a)               

	Kidoz and the Kidoz Securities Holders
	will not, and will cause each of their respective Representatives to not,
	directly or indirectly, solicit, initiate, assist, facilitate, promote or
	encourage proposals or offers from, entertain or enter into discussions or
	negotiations with, or provide information relating to its securities,
	business, operations, affairs or financial condition to any persons in
	connection with the acquisition or distribution of any securities of Kidoz,
	or any amalgamation, merger, consolidation, arrangement, restructuring,
	refinancing, sale of any material assets of Kidoz, unless such action,
	matter or transaction is part of the transactions contemplated in this
	Agreement or is satisfactory to, and is approved in writing in advance by
	Shoal Games or is necessary to carry on the normal course of business or is
	necessary to comply with the fiduciary duties of the directors and officers
	of Kidoz.  Kidoz agrees that any violation of the restrictions set forth in
	this subsection 6.3(a) by Kidoz or any of its Representatives shall be
	deemed a breach of this Agreement by Kidoz; and
(b)              

	Shoal Games will not, and will cause
	each of its Representatives to not, directly or indirectly, solicit,
	initiate, assist, facilitate, promote or encourage proposals or offers from,
	entertain or enter into discussions or negotiations with, or provide
	information relating to its securities, business, operations, affairs or
	financial condition to any persons in connection with  any amalgamation,
	merger or arrangement with or any purchase of any material assets of any
	Person other than Kidoz, unless such action, matter or transaction is part
	of the transactions contemplated in this Agreement or is satisfactory to,
	and is approved in writing in advance by Kidoz or is necessary to carry on
	the normal course of business or is necessary to comply with the fiduciary
	duties of the directors and officers of Shoal Games.  Shoal Games agrees
	that any violation of the restrictions set forth in this subsection 6.3(b)
	by Shoal Games or any of its Representatives shall be deemed a breach of
	this Agreement by Shoal Games.
6.4
Companies Registrar
.
	Kidoz shall make all reasonable efforts to effect all necessary filings with
	the Companies Registrar for the purpose of updating all information that is
	required to be updated with respect to Kidoz as a result of Kidoz and/or any
	of the Kidoz Securities Holders entering into this Agreement, taking any
	actions pursuant hereto or consummating any of the transactions contemplated
	hereby.
6.5
Regulatory Approval
. 
	Shoal Games will use commercially reasonable efforts to obtain, in a timely
	manner, the Exchange Acceptance and all such approvals of all such other
	Regulatory Authorities as may be required to permit this Agreement and the
	transactions contemplated hereby to be completed.
6.6
Lock-up Requirement
.  Pendinas Limited, Tryon M. Williams and Bingo,
	Inc., holding collectively, 48,733,111 Shoal Games Shares, which will,
	immediately prior to the Share Exchange Time, constitute 66.15% of the Shoal
	Games Shares then issued and outstanding, shall at the Share Exchange Time
	have undertaken not, during the period in which the Shoal Games Exchange
	Shares are subject to resale restrictions imposed by the TSX Venture
	Exchange and/or Canadian securities regulatory authorities, to sell, assign
	or otherwise dispose of, directly or indirectly, any of the Shoal Games
	Shares they currently hold, in and by such form of lock-up agreement as
	shall be acceptable to the Kidoz Securities Holders, acting reasonably, and
	be delivered to them by Shoal Games at the Closing
6.7
U.S.
	Securities Laws
.
	Each of the Kidoz Securities Holders understands and acknowledges that the
	Shoal Games Exchange Shares to be issued to this Agreement have not been,
	nor will any of them be, registered under the 1933 Act or the securities
	laws of any state of the United States and understands and agrees that the
	Shoal Games Exchange Shares may not be offered or sold in the United States
	or to or on behalf of a U.S. Person unless the Shoal Games Exchange Shares
	are registered under the 1933 Act or an exemption from the registration
	requirements of the 1933 Act is available.
6.8
Facilitation
. 
	Shoal Games and Kidoz shall use all reasonable efforts to take, or cause to
	be taken, all actions necessary to consummate and make effective the
	transactions contemplated by this Agreement.  Without limiting the
	generality of the foregoing, each of Shoal Games and Kidoz: (i) shall make
	all deliveries and filings (if any) and give all notices (if any) required
	to be made and given by such party in connection with the transactions
	contemplated by this Agreement, and (ii) shall use all reasonable efforts to
	obtain each Consent (if any) required to be obtained (pursuant to any
	applicable Legal Requirement or Contract, or otherwise) by such party in
	connection with the transactions contemplated by this Agreement or any of
	them.
6.9
Disclosure
.
	Shoal Games and Kidoz shall consult with each other before issuing any
	public release or making any public announcement concerning this Agreement
	or the transactions contemplated hereby.  Without derogating the foregoing,
	Shoal Games shall not and Kidoz shall not, and neither of them shall permit
	any of its Representatives to, make any disclosure regarding any of the
	transactions contemplated by this Agreement unless: (a) such disclosure is
	made confidentially to potential investors under the Concurrent Financing,
	(b) the other of Kidoz and Shoal Games shall have consented to such
	disclosure (which consent shall not be unreasonably withheld, conditioned or
	delayed), (c) such party shall have been advised in writing by its legal
	counsel that such disclosure is required by applicable Law or the rules and
	policies of the TSX Venture Exchange, or (d) such disclosure is required to
	carry out the transactions contemplated in this Agreement or the obligations
	of any of the parties hereto.
6.10
Post-Closing Kidoz Board
.  Kidoz shall obtain from each of Josef
	Mendelbaum, Gai Havkin, Aryeh Mergi, Moshe David, and Yaniv Golan his
	irrevocable resignation as a director of Kidoz, effective at the Share
	Exchange Time and conditional upon the transactions contemplated by this
	Agreement having then been consummated.  Shoal Games, as the sole holder of
	all of the Kidoz Shares then issued and outstanding, shall, immediately
	after the Share Exchange Time, appoint Eldad Ben Tora and Jason Williams as
	directors of Kidoz, and shall take all such actions and obtain all such
	Consents as may be necessary to permit it to do so.
6.11
Post-Closing Shoal Games Board
.  The number of directors of Shoal
	Games shall, until the appointments contemplated in this Section 6.11 have
	all been made, continue to have been determined by the shareholders of Shoal
	Games to be at least four (4) but not more than seven (7) and the Shoal
	Games Board shall, at such time or times as Shoal Games receives Consents
	from such Persons to so act, pursuant to its authority then to do so
	pursuant to the by-laws of Shoal Games, appoint Eldad Ben Tora and two such
	other Persons as those of the Kidoz Securities Holders who or which at the
	applicable time hold a majority of the Shoal Games Shares then held by all
	of the Kidoz Securities Holders shall have specified to Shoal Games by
	notice in writing as their nominee(s) as directors of Shoal Games and Shoal
	Games shall, at such time as all three (3) such appointments have been made,
	cause one of the four (4) Persons who is currently a director of Shoal Games
	(or a successor of one such Person) to resign as a director of Shoal Games. 
	Shoal Games will use commercially reasonable efforts to obtain, in a timely
	manner, a directors and officers liability insurance policy providing such
	coverage as Eldad Ben Tora and such nominees of the Kidoz Securities Holders
	may reasonably require as a condition of their consenting to act as
	directors of Shoal Games.
6.12
Post-Closing Shoal Games Advisory Committee
.  Until the changes to the
	Shoal Games Board contemplated in Section 6.11 have all been made, Shoal
	Games Board shall appoint an advisory committee to assist Shoal Games'
	management and the Shoal Games Board, which shall consist of three (3)
	Persons specified by Shoal Games to Kidoz in writing at Closing and Eldad
	Ben Tora and two (2) other Persons specified by Kidoz to Shoal Games at
	Closing; and the members of such advisory committee shall also act as
	non-voting observers of the Shoal Games Board and shall have the right to
	receive notices of and to attend all meetings of the Shoal Games Board and
	to participate in discussions thereat as well as to receive any and all
	information being sent or presented to the Shoal Games Board and to receive
	a copy of any proposed resolution or action that is proposed to be adopted
	or taken without a meeting.
6.13
Post-Closing Shoal Games Board
	Actions
.  Until the changes to the Shoal Games Board contemplated in
	Section 6.11 have all been made, the Shoal Games Board shall not take and
	Shoal Games shall take all such action(s) as may be necessary to prevent the
	Shoal Games Board from taking, without having obtained the prior approval of
	the shareholders of Shoal Games at a duly called general meeting, any action
	in respect of: (a) transactions that involve parties who or which are
	directors, officers or affiliates of Shoal Games (within the meaning of
	"affiliate" specified in Rule 144); (b) any issuance of securities of Shoal
	Games at a common-share-equivalent price per share that is less than the
	weighted average market price per share at which shares of Shoal Games have
	traded on the TSX Venture Exchange on the previous thirty (30) trading days
	(except issuances of share upon exercise of any currently outstanding Shoal
	Games Options); (c) any sale, licence, lease or other disposition of any
	asset of Shoal Games or Kidoz having a value in excess of U.S.$1,000,000;
	(d) any sale or other disposition of all or a majority (by value) of the
	business and/or assets of Kidoz; (e) termination of the CEO of Shoal Games
	or Kidoz other than for cause (where "cause" is determined under such Law as
	may be applicable with respect to such termination); (f) any change in the
	business of Shoal Games or Kidoz that is determined to be a "Change of
	Business" by the TSX Venture Exchange in accordance with its rules and
	policies in effect at the applicable time; and (g) any merger, amalgamation
	or other business combination transaction or set of transactions as a result
	of which the holders of securities of Shoal Games prior to such
	transaction(s) hold, on an as-converted basis, less than a majority of the
	voting shares of the resulting Entity after completion of such
	transaction(s).
6.14
Post-Closing Articles of Kidoz
.  The Kidoz Securities Holders
	acknowledge that Shoal Games will, as the holder of all of the Kidoz Shares
	then issued and outstanding, immediately after the Share Exchange Time,
	cause the articles of association of Kidoz to be amended to be in such form
	as it, in its sole discretion, determines to be acceptable, and hereby
	consent and agree to such amendment being made.
6.15
Post-Closing Funding of Kidoz
.  Forthwith after Closing Shoal Games
	shall advance to Kidoz, by way of a non-interest bearing loan repayable only
	from profits generated by Kidoz after Closing and having no maturity date,
	an amount which is equal to 35% of the aggregate net proceeds which have
	been derived by Shoal Games from the Concurrent Financing up to the time of
	advance, to provide support for the ongoing business operations of Kidoz.
6.16
Post-Closing Securities Regulatory Matters
.  Shoal Games will not
	after Closing take or fail to any action that would cause it to cease to be
	a reporting issuer in any province of Canada or that would cause the Shoal
	Games Shares to cease to be listed and posted for trading on the TSX Venture
	Exchange.
6.17
Indemnification Obligations.
The indemnification obligations (including exculpation rights) set forth in
	the corporate documents of Kidoz, as well as in any existing director or
	officer indemnification agreements of Kidoz, shall survive the Closing in
	accordance with their terms, and all such obligations shall be observed and
	satisfied by Kidoz after the Closing to the fullest extent available under
	applicable Laws.
6.18
D&O Insurance Arrangements
.  Prior to the Closing, Kidoz may
	purchase and pay in full for a seven (7) year "tail" insurance and
	indemnification policy covering each Person who is covered by the current
	directors' and officers' liability insurance policies maintained by Kidoz
	that provides coverage for matters occurring prior to Closing (the "D&O
	Insurance"), and Shoal Games shall not terminate such "tail" insurance and
	shall not modify the D&O Insurance in any manner that would adversely affect
	the rights thereunder of any Person who on or prior to the Closing was a
	director or officer of Kidoz.  Those Persons who are directors and officers
	of Kidoz prior to the Closing shall be considered third party beneficiaries
	for the purpose of this Section 6.18.
6.19
Status Notification
.  Each of Shoal Games and Kidoz shall keep the
	other reasonably apprised of the status of matters relating to completion of
	the transactions contemplated hereby.
6.20
Confidentiality
. 
	Except as provided in Sections 6.8 and 6.9 or with the prior written consent
	of the other parties, each of the parties and its respective directors,
	officers, employees, shareholders, agents, advisors and other
	Representatives will hold all information received from the other parties
	hereto or any of them concerning any of Shoal Games, Kidoz or the Kidoz
	Securities Holders in strictest confidence and such information shall not be
	disclosed or used by the recipients thereof, except such information and
	documents as are available to the public or as are required to be disclosed
	by applicable Laws. All such information in written or electronic form and
	documents will be promptly returned to the party originally delivering them
	in the event that the transactions contemplated by this Agreement are not
	completed.
6.21
Ibis Capital Liabilities
.  Shoal Games shall, prior to the Closing, effect
	a binding arrangement with Ibis Capital Limited which results in any and all
	liabilities and obligations which Kidoz may now or could hereafter have to
	Ibis Capital Limited, as a result of the consummation of the transactions
	contemplated by this Agreement or otherwise, being forever eliminated. 
	Shoal Games shall indemnify and hold Kidoz and the current members of the
	Kidoz Board (Josef Mendelbaum, Gai Havkin, Aryeh Mergi, Moshe David and
	Yaniv Golan) and the Kidoz Securities Holders harmless from any claim or
	demand made by Ibis Capital Limited against them, immediately upon first
	demand.
6.22
Rights to Acquire Shoal Games Securities
.  Shoal Games will not prior to
	the Share Exchange Time grant, issue or otherwise create or cause or permit
	any of its Subsidiaries to grant, issue or otherwise create any rights of
	any kind to acquire any of the Shoal Games Shares which are currently
	unissued or any other equity securities of Shoal Games or any of its
	Subsidiaries, so that, immediately prior to the Share Exchange Time, the
	only rights to acquire any of the currently unissued Shoal Games Shares or
	any other equity securities of Shoal Games or any of its Subsidiaries will
	be those of the rights that currently exist to purchase up to 3,610,000
	Shoal Games Shares under the Shoal Games Options that are currently
	outstanding in favour of employees, consultants and advisors of Shoal Games
	which have not, prior to that time, been exercised.
6.23
Covenants to Survive Closing
.  The covenants and agreements made by Shoal Games
	in Sections 6.10 to 6.16, inclusive, and in Sections 6.18 and 6.21 shall
	survive Closing.
Section 7.
Conditions Precedent to Obligations of Shoal Games
.
The obligations of Shoal Games to
	consummate the transactions contemplated by this Agreement are subject to
	the satisfaction (or written waiver exclusively by Shoal Games, if
	permissible under applicable Law), at or prior to the Share Exchange Time,
	of each of the following conditions:
7.1
Accuracy of Representations
.
(a)               

	The representations and warranties of
	Kidoz set forth in Section 3 (referencing Schedule "B") shall have been
	accurate in all material respects as of the date of this Agreement and as of
	the Share Exchange Time, as if made at and as of the Share Exchange Time.
(b)              

	The representations and warranties of
	the Kidoz Securities Holders set forth in Section 4 (referencing Schedule
	"C") shall have been accurate in all material respects as of the date of
	this Agreement and as of the Share Exchange Time, as if made at and as of
	the Share Exchange Time.
7.2
Performance of Covenants
. 
	Each covenant or obligation that Kidoz or any of the Kidoz Securities
	Holders is required to comply with or to perform at or prior to the Share
	Exchange Time shall have been complied with and performed in all material
	respects.
7.3
Regulatory Approvals
. 
	Shoal Games shall have received Exchange Acceptance and all such approvals
	of all such other Regulatory Authorities as may be required to permit this
	Agreement and the transactions contemplated hereby to be completed.
7.4
Deliverables
.
	Shoal Games shall have received prior to or at Closing those documents and
	instruments specified in Sections 10.3 and 10.4.
7.5
Employees
. 
	None of the Kidoz Key Employees shall have terminated his or her employment
	with Kidoz or tendered his or her resignation to Kidoz or threatened to
	terminate his or her employment with Kidoz and Shoal Games shall have
	received, from such of the Kidoz Key Employees as Shoal Games deems
	necessary, assurance in writing that he or she has no intention of
	terminating his or her employment with Kidoz after completion of the
	transactions contemplated by this Agreement.
7.6
Kidoz Working Capital.
The Kidoz Working Capital at the Share Exchange Time shall be positive in an
	amount that is not less than US$100,000.
7.7
No Material Adverse Effect
. There shall not, since the date of this
	Agreement, have occurred any event which has a Material Adverse Effect on
	Kidoz.
7.8
No Restraints
.  No temporary restraining order,
	preliminary or permanent injunction or other order preventing the
	consummation of any of the transactions contemplated by this Agreement shall
	have been issued by any court of competent jurisdiction and remain in
	effect, and there shall not be any Legal Requirement enacted or applicable
	to any of the transactions contemplated by this Agreement that makes
	consummation thereof illegal.
Section 8.                                                                   
		Conditions Precedent to Obligations of Kidoz.
The obligations of Kidoz to consummate the transactions contemplated by this
	Agreement are subject to the satisfaction (or written waiver exclusively by
	Kidoz, if permissible under applicable Law), at or prior to the Share
	Exchange Time, of the following conditions:
8.1
Accuracy of Representations
.  The representations and warranties of Shoal
	Games set forth in Section 5 (referencing Schedule "D") shall have been
	accurate in all material respects as of the date of this Agreement and as of
	the Share Exchange Time, as if made at and as of the Share Exchange Time.
8.2
Performance of Covenants
. 
	Each covenant or obligation that Shoal Games is required to comply with or
	to perform at or prior to the Share Exchange Time shall have been complied
	with and performed in all material respects.
8.3
Regulatory Approvals
. 
	Shoal Games shall have received Exchange Acceptance and all such approvals
	of all such other Regulatory Authorities as may be required to permit this
	Agreement and the transactions contemplated hereby to be completed.
8.4
Deliverables
. 
	Kidoz and the Kidoz Securities Holders shall have received prior to or at
	Closing those documents and instruments specified in Section 10.2.
8.5
Employees
. 
	None of the Shoal Games Key Employees shall have terminated his or her
	employment with the member of the Shoal Games Group by which he or she is
	employed or tendered his or her resignation to the member of the Shoal Games
	Group by which he or she is employed.
8.6
Shoal Games Working Capital.
The Shoal Games Working Capital at the Share Exchange Time shall be positive
	in an amount that is not less than US$450,000.
8.7
Concurrent Financing
. 
	Shoal Games shall, prior to the Share Exchange Time, have received and
	accepted subscriptions for at least 5,000,000 Shoal Games Shares at a
	purchase price of U.S.$0.40 per share under the Concurrent Financing, in
	accordance with the transaction documents therefor, and counsel for Shoal
	Games shall immediately prior to the Share Exchange Time be holding in trust
	for Shoal Games the full amount of the purchase price for the Shoal Games
	Shares subscribed for by such subscriptions, subject to an irrevocable
	direction to pay the amount so held to Shoal Games immediately after the
	Share Exchange Time.
8.8
Filings
. 
	Shoal Games shall have made all regulatory filings required to enable the
	Shoal Games Exchange Shares to be traded on the TSX Venture Exchange.
8.9
No Material Adverse Effect
.
	Since the date of this Agreement, there shall not have occurred any event
	which has a Material Adverse Effect on Shoal Games Group.
8.10
No Restraints
.  No temporary restraining order,
	preliminary or permanent injunction or other order preventing the
	consummation of any of the transactions contemplated by this Agreement shall
	have been issued by any court of competent jurisdiction and remain in
	effect, and there shall not be any Legal Requirement enacted or applicable
	to any of the transactions contemplated by this Agreement that makes
	consummation thereof illegal.
8.11
Tax Ruling
. 
	Kidoz and the Kidoz Securities Holders shall have received prior to the
	Closing a tax ruling from the Israeli Tax Authorities with respect to the
	transactions contemplated in this Agreement to the satisfaction of those of
	the Kidoz Securities Holders who or which would hold the majority of the
	Ordinary Shares of Kidoz if all conversion rights attaching to all of the
	outstanding securities of Kidoz were to be exercised.
Section 9.                                                                   
		Conditions Precedent to Obligations of the Kidoz
	Securities Holders.
The obligations of the Kidoz Securities
	Holders to consummate the transactions contemplated by this Agreement are
	subject to the satisfaction (or written waiver exclusively by the Kidoz
	Securities Holders, if permissible under applicable Law), at or prior to the
	Share Exchange Time, of the following conditions:
9.1
Accuracy of Representations
.  The representations and warranties of Shoal
	Games set forth in Section 5 (referencing Schedule "D") shall have been
	accurate in all material respects as of the date of this Agreement and as of
	the Share Exchange Time, as if made at and as of the Share Exchange Time.
9.2
Performance of Covenants
. 
	Each covenant or obligation that Shoal Games is required to comply with or
	to perform at or prior to the Share Exchange Time shall have been complied
	with and performed in all material respects.
9.3
Deliverables
. 
	Kidoz and the Kidoz Securities Holders shall have received prior to or at
	Closing those documents and instruments specified in Section 10.2.
9.4
No Material Adverse Effect
.
	Since the date of this Agreement, there shall not have occurred any event
	which has a Material Adverse Effect on Shoal Games Group.
9.5
No Restraints
.  No temporary restraining order,
	preliminary or permanent injunction or other order preventing the
	consummation of any of the transactions contemplated by this Agreement shall
	have been issued by any court of competent jurisdiction and remain in
	effect, and there shall not be any Legal Requirement enacted or applicable
	to any of the transactions contemplated by this Agreement that makes
	consummation thereof illegal.
9.6
Tax Ruling
. 
	Kidoz and the Kidoz Securities Holders shall have received prior to the
	Closing a tax ruling from the Israeli Tax Authorities with respect to the
	transactions contemplated in this Agreement to the satisfaction of those of
	the Kidoz Securities Holders who or which would hold the majority of the
	Ordinary Shares of Kidoz if all conversion rights attaching to all of the
	outstanding securities of Kidoz were to be exercised.
9.7
Tax Ruling Appeal Costs
.  The Kidoz Securities Holders shall have received
	prior to or at the Closing a letter from Kidoz, agreed to by Shoal Games as
	to the obligations therein specified and executed by Shoal Games to that
	effect, undertaking to, at its own expense, in the event that the Israeli
	tax authorities do not issue a final tax ruling in the form contemplated by
	the applicable Kidoz Securities Holders, engage counsel to represent the
	applicable Kidoz Securities Holders in reaching another settlement with the
	Israeli tax authorities with respect to the subject transactions or in
	challenging such decision as the Israeli tax authorities shall have made
	regarding the subject transactions, in such form as shall be acceptable to
	the applicable Kidoz Securities Holders.
Section 10.                                                               
	Closing
10.1
Closing
.
	The consummation of the transactions contemplated by this Agreement (the
	"Closing") shall take place at the offices of Zysman, Aharoni, Gayer & Co.
	("ZAG-S&W") in Tel Aviv, Israel, at 10:00 a.m. (local time), with deliveries
	of all documents and instruments to be received by Shoal Games to be
	effected, in the event that a Representative of Shoal Games is not then and
	there present, by electronic transmission, at the time each of the original
	documents or instruments is tendered, of a true and complete copy thereof,
	to such destination as Shoal Games shall have specified to ZAG-S&W in
	writing, followed, forthwith after Closing, by courier delivery thereof to
	Shoal Games at its address herein specified for physical delivery of
	notices, on a date to be designated by Shoal Games and Kidoz (the "Closing
	Date"), which shall be no later than the fifth Business Day after the later
	to occur of: (a) receipt by Shoal Games of the Exchange Acceptance; and the
	satisfaction or waiver of the last to be satisfied or waived of the
	conditions set forth in Sections 7 and 8 (other than those conditions that
	by their nature are to be satisfied at the Closing, but subject to the
	satisfaction or waiver of such conditions).
10.2
Deliveries by Shoal Games
.  At the Closing, Shoal Games shall deliver to
	Kidoz and the Kidoz Securities Holders:
(a)               

	certified true copies of the
	resolutions of the Shoal Games Board evidencing the approval of this
	Agreement and all of the transactions of Shoal Games contemplated hereunder,
	which resolutions will include specific reference to:
(i)

	the acquisition of all of the Kidoz
	Shares issued and outstanding as of the Share Exchange Time and the issuance
	of the Shoal Games Exchange Shares to the Kidoz Securities Holders in
	consideration therefor, and all other transactions contemplated by this
	Agreement; and
(ii)               

	acknowledgement of the changes to be
	made to the Shoal Games Board contemplated in Section 6.11 and concurrence
	therein;
(b)              

	evidence of the Exchange conditional
	approval of this Agreement and the transactions contemplated hereby;
(c)               

	a certified true copy of the resolution
	of the Shoal Games Board authorizing and approving the issuance of the Shoal
	Games Exchange Shares to such trustee as has been specified by those of the
	Kidoz Securities Holders who or which are tax residents of Israel or hold
	Kidoz Shares for beneficiaries who are tax residents of Israel and to each
	of the other Kidoz Securities Holders itself, pursuant to the provisions of
	this Agreement, each as to that number of Shoal Games Shares as the
	applicable Kidoz Securities Holder is entitled to have issued to such
	specified trustee or to itself pursuant to the provisions of this Agreement,
	and the registration thereof, where applicable, in the name of the trustee
	so specified, for the benefit of the respective Kidoz Securities Holders who
	or which are tax residents of Israel or hold Kidoz Shares for beneficiaries
	who are tax residents of Israel as set forth in Schedule "A" to this
	Agreement, according to beneficial ownership of the applicable Kidoz Shares
	therein specified, and otherwise in the name of the applicable Kidoz
	Securities Holder itself;
(d)              

	a certificate from counsel for Shoal
	Games certifying that, as of the time immediately prior to the Share
	Exchange Time, he is holding in trust for Shoal Games not less than
	U.S.$2,000,000 as the full purchase price for those Shoal Games Shares in
	respect of which Shoal Games has theretofore received and accepted
	subscriptions under the Concurrent Financing, subject to an irrevocable
	direction to pay such amount in full to Shoal Games immediately after the
	Share Exchange Time.
(e)               

	certificates representing the Shoal
	Games Exchange Shares, each issued in the name of such trustee as has been
	specified by the Kidoz Securities Holder who or which is a tax resident of
	Israel or holds Kidoz Shares for a beneficiary who is a tax resident of
	Israel and who or which is entitled to have Shoal Games Exchange Shares
	issued to such specified trustee pursuant to this Agreement and otherwise in
	the name of the Kidoz Securities Holder which is entitled to have Shoal
	Games Exchange Shares issued to itself pursuant to this Agreement, and each
	representing that number of Shoal Games Shares as such Kidoz Securities
	Holder is entitled to have issued to such specified trustee or to itself
	pursuant to the provisions of this Agreement;
(f)                

	an opinion letter from counsel for
	Shoal Games, dated as of the Closing Date, in a form acceptable to Kidoz and
	its counsel, acting reasonably;
(g)               

	a certificate signed by two directors
	of Shoal Games confirming that: (i) the representations and warranties of
	Shoal Games contained in this Agreement are true and correct in all material
	respects as of the Share Exchange Time; and (ii) all of the conditions set
	forth in Section 7 have been duly satisfied;
(h)               

	a lock-up agreement executed for and on
	behalf of Pendinas Limited, Tryon M. Williams and Bingo, Inc., pursuant to
	and in the form contemplated by Section 6.6;
(i)                 

	a letter from Shoal Games specifying to
	Kidoz and the Kidoz Securities Holders the three (3) Persons whom Shoal
	Games is naming to serve on the advisory committee contemplated by Section
	6.12;
(j)                

	written confirmation from Shoal Games
	that, with respect to the future granting of stock options to employees of
	Kidoz, it has either: (i) duly assumed and adopted the Kidoz Stock Option
	Plan, or (ii) has amended the Shoal Games Stock Option Plan to include an
	Israeli employees appendix in such form as has been approved by counsel for
	Kidoz;
(k)              

	the letter from Kidoz to the Kidoz
	Securities Holders referenced in section 9.7, executed for and on behalf of
	Shoal Games; and
(l)                 

	such other materials for all matters
	incidental to the transactions contemplated by this Agreement that are, in
	the opinion of Kidoz's counsel, acting reasonably, required to be delivered
	by Shoal Games in order for it to meet its obligations under this Agreement.
10.3
Deliveries by Kidoz. 
	At the Closing, Kidoz shall deliver to Shoal Games:
(a)               

	a certified true copy of the
	resolutions of the Kidoz Board evidencing that the directors of Kidoz have
	approved this Agreement and all of the transactions of Kidoz and the Kidoz
	Securities Holders contemplated hereunder, which resolutions will include
	specific reference to:
(i)

	the sale and transfer of the Kidoz
	Shares by and from the Kidoz Securities Holders to Shoal Games as provided
	for in this Agreement;
(ii)               

	the cancellation of the Old Kidoz
	Shares Certificates; and
(iii)              

	the issuance of the New Kidoz Shares
	Certificates to Shoal Games;
(b)              

	the New Kidoz Share Certificates in the
	name of Shoal Games Ltd.;
(c)               

	certified true copies of the
	(conditional) resignations of Josef Mandelbaum, Gai Havkin, Aryeh Mergi,
	Moshe David, Yaniv Golan as directors of Kidoz specified in Section 6.10;
(d)              

	an opinion letter from counsel for
	Kidoz, dated as of the Closing Date, in a form acceptable to Shoal Games and
	its counsel, acting reasonably;
(e)               

	a certificate signed by two directors
	of Kidoz confirming that: (i) the representations and warranties of Kidoz
	contained in this Agreement are true and correct in all material respects as
	of the Share Exchange Time; and (ii) all of the conditions set forth in
	Section 8 have been duly satisfied;
(f)                

	a letter from Kidoz
	specifying to Shoal Games the three (3) Persons whom Kidoz and the Kidoz
	Securities Holders are naming to serve on the advisory committee
	contemplated by Section 6.12;
(g)               

	a copy of the register of shareholders
	of Kidoz as the same was constituted immediately prior to the Share Exchange
	Time, certified as being a true copy thereof by an officer of Kidoz;
(h)               

	a copy of the register of shareholders
	of Kidoz as the same was constituted immediately after the Share Exchange
	Time, certified as being a true copy thereof by an officer of Kidoz; and
(i)                 

	such other materials for
	all matters incidental to the transactions contemplated under this Agreement
	that are, in the
	opinion of Shoal Games' counsel acting reasonably, required to be delivered
	by Kidoz in order for it to meet its obligations under this Agreement.
10.4
Deliveries by the Kidoz Securities Holders.  At the Closing, the Kidoz Securities
	Holders shall deliver to Shoal Games:
(a)               

	the Old Kidoz Share Certificates, each
	with the form of transfer on the reverse thereof duly executed for transfer
	or, alternatively, accompanied by a duly executed share transfer deed,
	provided that, if any Old Kidoz Share Certificate has been lost, the Kidoz
	Securities Holder in the name of whom or which the Kidoz Shares represented
	such certificate are registered may instead deliver to Shoal Games a lost
	securities affidavit in such form as may be acceptable to Shoal Games,
	accompanied by a duly executed share transfer deed; and
(b)              

	such other materials for all matters
	incidental to the transactions contemplated under this Agreement that are,
	in the opinion of Shoal Games' counsel acting reasonably, required to be
	delivered by the Kidoz Securities Holders in order for them to meet their
	obligations under this Agreement.
Section 11.
Termination.
11.1         
		By either Kidoz or Shoal Games.  Each of Kidoz and Shoal Games shall,
	in its sole discretion, have the right to terminate this Agreement if this
	Agreement and/or any of the transactions contemplated hereby is rejected by
	the TSX Venture Exchange and all recourse or rights of appeal have been
	exhausted.
11.2         
		By Shoal Games.
	Shoal Games shall, in its sole discretion, have the right to terminate this
	Agreement if any conditions precedent set out in Section 7 are not
	satisfied, released or waived before the Share Exchange Time.
11.3         
		By Kidoz.
	Kidoz shall, in its sole discretion, have the right to terminate this
	Agreement if any conditions precedent set out in Section 8 and Section 9 are
	not satisfied, released or waived before the Share Exchange Time.
11.4         
		End Date. 
	This Agreement may be terminated by either Shoal Games or Kidoz upon
	delivery of written notice to the other if: (a) the Closing has not occurred
	on or before 5:00 p.m., Israel time, on January 31, 2019 unless otherwise
	agreed upon between Shoal Games and Kidoz (the "End Date"); provided, that
	neither Shoal Games nor Kidoz will be entitled to terminate this Agreement
	pursuant to this Section 11.4 if its willful breach of, or willful failure
	to fulfill any obligation under this Agreement has been the primary cause of
	the Closing failing to occur on or prior to such time on the End Date.
11.5         
		Governmental Entity Order or Law.  This Agreement may be terminated by
	either Shoal Games or Kidoz upon delivery of written notice to the other if:
	(a) there shall be a final non-appealable order of a Governmental Entity of
	competent jurisdiction restraining, enjoining or otherwise prohibiting or
	preventing the consummation of the transactions contemplated hereby or a
	material portion thereof; or (b) there shall be any statute, rule,
	regulation or order enacted, promulgated or issued or deemed applicable to
	the transactions contemplated hereby by any Governmental Entity that would
	make consummation of the transactions contemplated by this Agreement
	illegal.
11.6         
		Survival. 
	In the event this Agreement is terminated, the provisions of Section 6.20
	and Section 12 shall survive the termination.
Section 12.
Indemnification.
12.1         
		By Shoal Games. 
	Shoal Games agrees to indemnify and hold harmless Kidoz and each Kidoz
	Securities Holder, each of their respective officers, directors, employees
	and agents and their respective successors and assigns, from and against any
	Losses suffered or incurred by them or any of them which arise directly out
	of: (a) any material breach or default in the performance by Shoal Games of
	any covenant or agreement made by Shoal Games in this Agreement, (b) any
	material breach of any representation or warranty made by Shoal Games in
	this Agreement, and (c) any and all third party actions, suits, proceedings,
	claims, demands, judgments, costs and expenses (including reasonable legal
	fees and expenses) arising as a result of circumstances described in
	subsection (a) or (b) above.
12.2         
		By Kidoz. 
	Kidoz agrees to indemnify and hold harmless Shoal Games and its directors,
	officers, employees and agents and their respective successors and assigns,
	from and against any Losses suffered or incurred by them or any of them
	which arise directly out of: (a) any material breach or default in the
	performance by Kidoz of any covenant or agreement made by Kidoz in this
	Agreement, (b) any material breach of any representation or warranty made by
	Kidoz in this Agreement (such representations and warranties being referred
	to in this Section, collectively, as the "Kidoz Representations"), and (c)
	any and all third party actions, suits, proceedings, claims, demands,
	judgments, costs and expenses (including reasonable legal fees and expenses)
	arising as a result of circumstances described in subsection (a) or (b)
	above.
12.3         
		By the Kidoz Securities Holders.  Each of the Kidoz Securities Holders
	agrees to indemnify and hold harmless Shoal Games and its directors,
	officers, employees and agents and their respective successors and assigns,
	from and against any Losses suffered or incurred by them or any of them
	which arise directly out of: (a) any material breach or default in the
	performance by Kidoz or such Kidoz Securities Holder of any covenant or
	agreement made by Kidoz or such Kidoz Securities Holder in this Agreement,
	(b) any material breach of any representation or warranty made by such Kidoz
	Securities Holder in this Agreement (such representations and warranties
	being referred to in this Section, collectively, for each Kidoz Securities
	Holder, as the "Kidoz Securities Holder Representations") or of any of the
	Kidoz Representations, and (c) any and all third party actions, suits,
	proceedings, claims, demands, judgments, costs and expenses (including
	reasonable legal fees and expenses) arising as a result of circumstances
	described in subsection (a) or (b) above.
12.4
Indemnity Procedure.
(a)               

	A Party agreeing to be responsible for
	or to indemnify against any matter pursuant to this Agreement is referred to
	herein as the "Indemnifying Party" and the other Party claiming indemnity is
	referred to as the "Indemnified Party."  An Indemnified Party under this
	Agreement shall, with respect to claims asserted against such Party by any
	third party, give prompt written notice to the Indemnifying Party of any
	liability which might give rise to a claim for indemnity under this
	Agreement within 10 business days of the receipt of any written claim from
	any such third party, but not later than 20 days prior to the date any
	answer or responsive pleading is due, and with respect to other matters for
	which the Indemnified Party may seek indemnification, give prompt written
	notice to the Indemnifying Party of any liability which might give rise to a
	claim for indemnity; provided, however, that any failure to give such notice
	will not waive any rights of the Indemnified Party except to the extent the
	rights of the Indemnifying Party are materially prejudiced.
(b)              

	The Indemnifying Party shall have the
	right, at its election, to take over the defense or settlement of such claim
	by giving written notice to the Indemnified Party at least 15 days prior to
	the time when an answer or other responsive pleading or notice with respect
	thereto is required.  If the Indemnifying Party makes such election, it may
	conduct the defense of such claim through counsel of its choosing (subject
	to the Indemnified Party's approval of such counsel, which approval shall
	not be unreasonably withheld), shall be solely responsible for the expenses
	of such defense and shall be bound by the results of its defense or
	settlement of the claim. The Indemnifying Party shall not settle any such
	claim without prior notice to and consultation with the Indemnified Party,
	and no such settlement involving any equitable relief or which might have an
	adverse effect on the Indemnified Party may be agreed to without the prior
	written consent of the Indemnified Party (which consent shall not be
	unreasonably withheld). So long as the Indemnifying Party is diligently
	contesting any such claim in good faith, the Indemnified Party may pay or
	settle such claim only at its own expense and the Indemnifying Party will
	not be responsible for the fees of separate legal counsel to the Indemnified
	Party, unless the named Parties to any proceeding include both Parties or
	representation of both Parties by the same counsel would be inappropriate
	due to conflicts of interest or otherwise. If the Indemnifying Party does
	not make such election, or having made such election does not, in the
	reasonable opinion of the Indemnified Party proceed diligently to defend
	such claim, then the Indemnified Party may (after written notice to the
	Indemnifying Party), at the expense of the Indemnifying Party, elect to take
	over the defense of and proceed to handle such claim in its discretion and
	the Indemnifying Party shall be bound by any defense or settlement that the
	Indemnified Party may make in good faith with respect to such claim. In
	connection therewith, the Indemnifying Party will fully cooperate with the
	Indemnified Party should the Indemnified Party elect to take over the
	defense of any such claim. The Parties agree to cooperate in defending such
	third party claims and the Indemnified Party shall provide such cooperation
	and such access to its books, records and properties as the Indemnifying
	Party shall reasonably request with respect to any matter for which
	indemnification is sought hereunder; and the Parties hereto agree to
	cooperate with each other in order to ensure the proper and adequate defense
	thereof.
(c)               

	With regard to claims of third parties
	for which indemnification is payable hereunder, such indemnification shall
	be paid by the Indemnifying Party upon the earlier to occur of: (i) the
	entry of a judgment against the Indemnified Party and the expiration of any
	applicable appeal period, or if earlier, five (5) days prior to the date
	that the judgment creditor has the right to execute the judgment; (ii) the
	entry of an non-appealable judgment or final appellate decision against the
	Indemnified Party; or (iii) a settlement of the claim. Notwithstanding the
	foregoing, the reasonable expenses of counsel to the Indemnified Party shall
	be reimbursed on a current basis by the Indemnifying Party. With regard to
	other claims for which indemnification is payable hereunder, such
	indemnification shall be paid promptly by the Indemnifying Party upon demand
	by the Indemnified Party.
12.5
Limitation on Liability.
(a)               
	Subject to subsection 12.5(e), the maximum aggregate liability of
	each of the Kidoz Securities Holders for
	Losses suffered or
	incurred arising out of or relating to a breach or breaches of the Kidoz
	Representations, shall not exceed 10% of the value of the Shoal Games
	Exchange Shares actually received by such Kidoz Securities Holder,
	calculated as at the Share Exchange Time.  Subject to subsection 12.5(e),
	the aggregate liability of each of the Kidoz Securities Holders
	to Shoal Games and its directors,
	officers, employees and agents and their respective successors and assigns
	under this Agreement for Losses suffered or incurred arising out of or
	relating to a breach or breaches of such Kidoz Securities Holders' Kidoz
	Securities Holder Representations shall not exceed the value of the Shoal
	Games Exchange Shares actually received by such Kidoz Securities Holder,
	calculated as at the Share Exchange Time.
(b)              
	It is hereby further clarified that each indemnifying Kidoz
	Securities Holder may elect to satisfy his, her or its indemnification
	amount either by payment of the indemnification amount in money or by
	surrender of the applicable number of Shoal Games Exchange Shares.
(c)               
	The Kidoz Representations shall survive for a period of 12 months
	following the Closing and the each of the Kidoz Securities Holder
	Representations shall survive for a period of 24 months following the
	Closing. No claim with respect to breach of representations shall be brought
	against any of the Kidoz Securities Holders following the expiration of the
	applicable survival period.
(d)              
	The Kidoz Securities Holders shall not be liable for any costs,
	losses, damages or expenses arising hereunder until the aggregate amount
	thereof exceeds U.S.$250,000 (the "Basket"); provided, however, that if such
	aggregate amount exceeds the Basket, then Shoal Games shall be entitled to
	indemnification for all such Losses, disregarding the Basket.
(e)               
	Subsection 12.5(a) will not apply to limit the obligations and
	liability of any Kidoz Securities Holder for claims for fraud, willful
	misconduct or intentional misrepresentation by such Kidoz Securities Holder,
	or fraud, willful misconduct or intentional misrepresentation by Kidoz of
	which such Kidoz Securities Holder had Knowledge.
(f)                
	Notwithstanding anything to the contrary contained in this Agreement,
	the parties hereby agree that, from and after the Closing, the
	indemnification set forth in this Section 12 shall be the sole and exclusive
	monetary remedies available to the parties in connection with this Agreement
	and with respect to any Losses incurred by any party in connection with this
	Agreement and the sole and exclusive remedy available to the parties for any
	such claims; provided that nothing herein shall preclude any party from: (a)
	seeking any remedy based upon fraud or intentional misrepresentation or (b)
	seeking any non-monetary remedy, including, without limitation, specific
	performance and/or injunctive relief.
Section 13.
Miscellaneous Provisions.
13.1
Amendment.
This Agreement may be amended with the approval of the respective boards of
	directors of Kidoz and Shoal Games at any time and each of the Kidoz
	Securities Holders hereby consents to and agrees to be bound by each
	amendment made to this Agreement with such approvals.  Provided that the
	applicable amendment does not have a Material Adverse Effect on the Kidoz
	Securities Holders or Kidoz or any of them, this Agreement may be amended
	with the approval of Eldad Ben Tora, acting for and on behalf of Kidoz and
	the Kidoz Securities Holders, and of a representative of Shoal Games to whom
	the requisite authority to do so has been delegated by its board of
	directors, acting for and on behalf of Shoal Games, and each of Kidoz and
	the Kidoz Securities Holders and Shoal Games hereby consents to and agrees
	to be bound by each such amendment made to this Agreement with such
	approvals. This Agreement may not be amended except by an instrument in
	writing signed on behalf of each of Kidoz and Shoal Games.
13.2
Waiver.
(a)               

	No failure on the part of any party to
	exercise any power, right, privilege or remedy under this Agreement, and no
	delay on the part of any party in exercising any power, right, privilege or
	remedy under this Agreement, shall operate as a waiver of such power, right,
	privilege or remedy; and no single or partial exercise of any such power,
	right, privilege or remedy shall preclude any other or further exercise
	thereof or of any other power, right, privilege or remedy.
(b)              

	No party shall be deemed to have waived
	any claim arising out of this Agreement, or any power, right, privilege or
	remedy under this Agreement, unless the waiver of such claim, power, right,
	privilege or remedy is expressly set forth in a written instrument duly
	executed and delivered on behalf of such party; and any such waiver shall
	not be applicable or have any effect except in the specific instance in
	which it is given.
13.3
Entire Agreement.
This Agreement and the ancillary documents referenced herein contain the
	whole agreement between the parties pertaining to the subject matter hereof
	and supersede all prior agreements, understandings, negotiations and
	discussions between and among the parties and there are no representations,
	warranties, covenants, conditions or other terms other than expressly
	contained in this Agreement and the ancillary documents referenced herein.
	 In particular, upon the execution and delivery of this Agreement, the LOI
	is hereby terminated and of no further force and effect.
13.4
Governing Law; Venue.
Subject to the provisions of Section 13.5, this Agreement shall be solely
	governed by, and construed in accordance with, the laws of England and
	Wales, without giving effect to any other choice of law or conflict of law
	provision or rule (whether of England and Wales or otherwise) that would
	cause the application of the laws of any jurisdiction other than England and
	Wales.  Any dispute arising under or in relation
	to this Agreement in respect of which only a remedy or remedies in equity
	is/are sought shall be resolved in, and the sole and exclusive jurisdiction
	in that regard shall be with the High Court in London, England, and each of
	the parties hereby in that regard submits irrevocably to the jurisdiction of
	such court.  The parties hereby (i) consent to and grant any such court
	jurisdiction over the person of such parties and, to the extent permitted by
	law, over the subject matter of such dispute and agree that mailing of
	process or other papers in connection with any such action or proceeding in
	the manner provided in Section 13.9 of this Agreement or in such other
	manner as may be permitted by law shall be valid and sufficient service
	thereof, (ii) agree that they will not attempt to deny or defeat such
	jurisdiction by motion or other request for leave from any such court, and
	(iii) agree that they will not bring any action relating to this Agreement
	or the transactions contemplated hereby in which only a remedy or remedies
	in equity is/are sought in any court other than the High Court in London,
	England.  Each party agrees that a final order in any action or proceeding
	in such court shall be conclusive and may be enforced in other jurisdictions
	by suit thereon or in any other manner provided by law.  In the event of any
	conflict between the terms of this Section 13.4 and those of Section 13.5,
	the terms of Section 13.5 shall prevail.  To remove any doubt, any dispute
	that arises during the arbitration process specified in Section 13.5
	regarding matters related to the arbitrator, the arbitration process and/or
	the award shall be subject to the terms of Section 13.5 and the rules
	therein specified, where the right authority per such rules shall be the
	Tribunal of Arbitration referenced therein or the High Court of Switzerland,
	as the case may be.
13.5
Arbitration.
Any dispute, controversy or
	claim arising out of, or in relation to, this Agreement and/or any related
	document, including the validity, invalidity, breach or termination thereof,
	other than those in respect of which only a remedy or remedies in equity
	is/are sought pursuant to Section 13.4, shall be resolved by arbitration in
	accordance with the Swiss Rules of International Arbitration of the Swiss
	Chambers' Arbitration Institution in force on the date on which the
	applicable notice of arbitration is submitted in accordance with those
	rules.  The number of arbitrators shall be one and the arbitrator shall be
	selected by both parties.  The seat of the arbitration(s) shall be Zurich,
	Switzerland.  The arbitral proceedings shall be conducted in English.  Expenses
	of any and all such arbitration proceedings, including the arbitrator's fee,
	shall be borne by both parties equally.
13.6
Specific Performance; Remedies
. 
	Each of Kidoz and Shoal Games agrees that irreparable damage would occur in
	the event that any of the provisions of this Agreement were not performed in
	accordance with their specific terms or were otherwise breached.  It is
	accordingly agreed that each of Kidoz and Shoal Games shall be entitled to
	seek an injunction or injunctions to prevent breaches of this Agreement and
	to enforce specifically the terms and provisions of this Agreement, this
	being in addition to any other remedy to which such party is entitled at law
	or in equity.
13.7
Enurement.
This Agreement shall be
	binding upon, and shall be enforceable by and inure solely to the benefit
	of, the parties hereto and their respective heirs, executors,
	administrators, other legal representatives, successors and permitted
	assigns.
13.8
Assignability.
Neither this Agreement nor any of Kidoz's rights hereunder may be assigned
	by Kidoz without the prior written consent of Shoal Games, and any attempted
	assignment of this Agreement or any of such rights by Kidoz without such
	consent shall be void and of no effect.
13.9
Notices.
Any notice or other communication required or permitted to be delivered to
	any party under this Agreement shall be in writing and shall be deemed
	properly delivered, given and received when delivered (by hand, by
	registered mail, by commercial courier or express delivery service by
	facsimile or by e-mail or e-mail attachment) to the address or facsimile
	telephone number or e-mail address set forth beneath the name of such party
	below or in Schedule "A", as applicable (or to such other address or
	facsimile telephone number or e-mail address as such party shall have
	specified in a written notice given to the other parties hereto):
(a)               

	if to Shoal Games:
Shoal Games Ltd. (Attention: T.M. Williams)
Hansa Bank Building, Ground Floor
Landsome Road, The Valley
AI 2640, Anguilla, BWI
Facsimile Number: +1 604-694-0301
E-mail Address: tarrnie@shoalgames.com
with a copy to:
Bruce H. Chapman
Suite 410 - 325 Howe Street
Vancouver, B.C. Canada V6C 1Z7
Facsimile Number: +1 888-889-4784
E-mail Address: bruce.chapman@chapmantaxlaw.com
(b)              

	if to Kidoz:
Kidoz Ltd. (Attention: Eldad Ben Tora)
Haomanut 12, Poleg Industrial Park
Netanya, Israel
E-mail Address: eldad@kidoz.net
with a copy to:
Zysman, Aharoni, Gayer & Co. (Attention: Mor Limanovich)
Beit Zion, 41-45 Rothschild Blvd
Tel Aviv, Israel  6578401
Facsimile Number: +972-3-7955550
E-mail Address: morl@zag-sw.co.il
(c)               

	if to any of the Kidoz Securities
	Holders: address, facsimile telephone number or e-mail address set forth in
	Schedule "A".
13.10
Severability
.
If any provision of this Agreement or any part of any such provision is held
	under any circumstances to be invalid or unenforceable in any jurisdiction,
	then (a) such provision or part thereof shall, with respect to such
	circumstances and in such jurisdiction, be deemed amended to conform to
	applicable laws so as to be valid and enforceable to the fullest possible
	extent, (b) the invalidity or unenforceability of such provision or part
	thereof under such circumstances and in such jurisdiction shall not affect
	the validity or enforceability of such provision or part thereof under any
	other circumstances or in any other jurisdiction, and (c) the invalidity or
	unenforceability of such provision or part thereof shall not affect the
	validity or enforceability of the remainder of such provision or the
	validity or enforceability of any other provision of this Agreement. Each
	provision of this Agreement is separable from every other provision of this
	Agreement, and each part of each provision of this Agreement is separable
	from every other part of such provision.
13.11
Construction.
(a)               

	For purposes of this Agreement,
	whenever the context requires: the singular number shall include the plural,
	and vice versa; the masculine gender shall include the feminine and neuter
	genders; the feminine gender shall include the masculine and neuter genders;
	and the neuter gender shall include masculine and feminine genders.
(b)              

	The parties hereto agree that any rule
	of construction to the effect that ambiguities are to be resolved against
	the drafting party shall not be applied in the construction or
	interpretation of this Agreement.
(c)               

	As used in this Agreement, the words
	"include" and "including," and variations thereof, shall not be deemed to be
	terms of limitation, but rather shall be deemed to be followed by the words
	"without limitation."
(d)              

	Except as otherwise indicated, all
	references in this Agreement to "Sections" and "Schedules" are intended to
	refer to Sections of this Agreement and Schedules to this Agreement.
(e)               

	The bold-faced headings contained in
	this Agreement are for convenience of reference only, shall not be deemed to
	be a part of this Agreement and shall not be referred to in connection with
	the construction or interpretation of this Agreement.
(f)                

	Except as otherwise indicated, (i) all
	references in this Agreement to dollar amounts and to "$" are intended to
	refer to United States dollars, and (ii) all references in this Agreement to
	"NIS" are intended to refer to New Israeli Shekels.
(g)               

	The word "party" or "Party" shall,
	unless the context otherwise requires, be construed to mean a party to this
	Agreement.  Any reference to a party to this Agreement or any other
	agreement or document contemplated hereby shall include such party's
	successors and permitted assigns.
13.12     
		Execution by Counterparts. This Agreement may be signed manually or
	electronically in any number of counterparts, each of which when delivered,
	either by hand, mail, facsimile or other electronic method of transmission,
	shall be deemed to be an original and all of which together shall constitute
	one instrument.
IN WITNESS WHEREOF, the parties have caused this Agreement to be executed as
	of the date first above written.
SHOAL GAMES LTD.
by:  
	 /s/ T. M. Williams
Tryon M. Williams,
Executive Chairman
KIDOZ LTD.
by:  
		/s/ E. Ben Tora
Eldad Ben Tora,
Chief Executive Officer
LOOL VENTURES LIMITED PARTNERSHIP
by its General Partner:
Yaniv Golan
[
Name of General Partner
]
by:
/s/ Yaniv Golan
[
Signature of Authorized Signatory
]
Yaniv Golan
[
Name of Authorized Signatory
]
General Partner
[
Title of Authorized Signatory
]
ORDAN ENTERPRISES LTD.
by:
/s/ Aryeh Mergi
[
Signature of Authorized Signatory
]
Aryeh Mergi
[
Name of Authorized Signatory
]
Director
[
Title of Authorized Signatory
]
COMPASS H.N.T. YAZAMUT LTD.
by:
/s/ Moshe David
[
Signature of Authorized Signatory
]
Moshe David
[
Name of Authorized Signatory
]
Founder and CEO
[
Title of Authorized Signatory
]
NORMA INVESTMENT LTD.
by:
/s/ Chrystalla Komodromou Stylla
[
Signature of Authorized Signatory
]
Chrystalla Komodromou Stylla
[
Name of Authorized Signatory
]
o/b of Thackeray Investmets Limited, Director
[
Title of Authorized Signatory
]
This is
	Page 35 of the Agreement entered into December 21, 2018 among Shoal Games
	Ltd., Kidoz Ltd. and the Kidoz Securities Holders (as therein defined), as
	amended January 18, 2019 and February 28, 2019
ERLINAD HOLDINGS LTD.
by:
/s/ Georgres Chr Kyrov  /s/ Dvaid
		Davidovich
[
Signature of Authorized Signatory
]
Georgres Chr Kyrov     
	 Dvaid Davidovich
[
Name of Authorized Signatory
]
Director   
	                          Director
[
Title of Authorized Signatory
]
SMART VENTURES CAPITAL LIMITED
by:  
	    /
s/ Eirini Boulitsidou
[
Signature of Authorized Signatory
]
Eirini Boulitsidou
[
Name of Authorized Signatory
]
Director
[
Title of Authorized Signatory
]
/s/ Gai Havkin
GAI HAVKIN
/s/ Anita Leviant
ANITA LEVIANT
/s/ Dov Moran
DOV MORAN
/s/ Moshe David
MOSHE DAVID
This is
	Page 36 of the Agreement entered into December 21, 2018 among Shoal Games
	Ltd., Kidoz Ltd. and the Kidoz Securities Holders (as therein defined), as
	amended January 18, 2019 and February 28, 2019
/s/ Yair Nechmad
YAIR NECHMAD
/s/ Doron Tamir
DORON TAMIR
/s/ Uri Shomromi
URI SHOMROMI
/s/ Aryeh Mergi
ARYEH MERGI
ESOP TRUST & MANAGEMENT SYSTEMS LTD., as trustee engaged pursuant to the
	Kidoz ESOP, for each of those beneficial holders specified in Schedule "A"
by:   /s/ Odelia Pollak   /s/ Sarit Foox
[
Signature of Authorized Signatory
]
Odelia Pollak  and Sarit Foox
[
Name of Authorized Signatory
]
CEO
[
Title of Authorized Signatory
]
/s/ Roostam Tiger
ROOSTAM TIGER
/s/ Orey Gilliam
OREY GILLIAM
This is
	Page 37 of the Agreement entered into December 21, 2018 among Shoal Games
	Ltd., Kidoz Ltd. and the Kidoz Securities Holders (as therein defined), as
	amended January 18, 2019 and February 28, 2019
SCHEDULE "A"
KIDOZ SECURITIES HOLDERS AND SECURITIES HELD
Name and Address
of Kidoz Securities Holder
Securities Held at Date of this Agreement
Gai Havkin
Israel
[Tax Resident of Israel]
4,950,000 Ordinary Shares
Anita Leviant
Israel
[Tax Resident of Israel]
50,000 Ordinary Shares
Yair Nechmad
Israel
[Tax Resident of Israel]
500,000 Ordinary Shares
Doran Tamir
Israel
[Tax Resident of Israel]
500,000 Ordinary Shares
Lool Ventures Limited Partnership
Israel
[Tax Resident of Israel]
4,122,012 Preferred Shares
(bearing A conversion rights)
764,500 Preferred Shares
(bearing A4 conversion rights)
Ordan Enterprises Ltd.
Israel
[Tax Resident of Israel]
5,262,064 Preferred Shares
(bearing A conversion rights)
Dov Moran
Israel
[Tax Resident of Israel]
1,236,603 Preferred Shares
(bearing A conversion rights)
350,323 Preferred Shares
(bearing A4 conversion rights)
Uri Shomromi
Israel
[Tax Resident of Israel]
865,623 Preferred Shares
(bearing A conversion rights)
Moshe David
Israel
[Tax Resident of Israel]
329,761 Preferred Shares
(bearing A conversion rights)
Compass H.N.T. Yazamut Ltd.
Israel
[Tax Resident of Israel]
206,101 Preferred Shares
(bearing A conversion rights)
Norma Investment Ltd.
Russia
[Tax Resident of British Virgin Islands]
2,571,429 Preferred Shares
(bearing A1 conversion rights)
2,101,936 Preferred Shares
(bearing A3 conversion rights)
Erlinad Holdings Ltd.
B.V.I.
[Tax Resident of British Virgin Islands]
285,714 Preferred Shares
(bearing A1 conversion rights)
233,548 Preferred Shares
(bearing A3 conversion rights)
Smart Ventures Capital Limited
Cyprus
[Tax Resident of Cyprus]
2,334,267 Preferred Shares
(bearing A2 conversion rights)
Aryeh Mergi
Israel
[Tax Resident of Israel]
764,500 Preferred Shares
(bearing A4 conversion rights)
Roostam Tiger
Israel
[Tax Resident of Israel]
168,664 Ordinary Shares
Orey Gilliam
Israel
[Tax Resident of Israel]
101,010 Ordinary Shares
ESOP Trust and Management Services Ltd. for the benefit of Eldad Ben
			Tora
Israel
[Beneficiary is Tax Resident of Israel]
3,164,812 Ordinary Shares
ESOP Trust and Management Services Ltd. for the benefit of Evgeny
			Pistonovithc
Israel
[Beneficiary is Tax Resident of Israel]
30,975 Ordinary Shares
ESOP Trust and Management Services Ltd. for the benefit of Roni
			Brosh
Israel
[Beneficiary is Tax Resident of Israel]
39,423 Ordinary Shares
ESOP Trust and Management Services Ltd. for the benefit of Eyal
			Visoker
Israel
[Beneficiary is Tax Resident of Israel]
42,239 Ordinary Shares
ESOP Trust and Management Services Ltd. for the benefit of Dov Moran
Israel
[Beneficiary is Tax Resident of Israel]
608,512 Ordinary Shares
ESOP Trust and Management Services Ltd. for the benefit of Josef 
			Mendelbaum
Israel
[Beneficiary is Tax Resident of Israel]
297,670 Ordinary Shares
ESOP Trust and Management Services Ltd. for the benefit of Hanna
			Peretz
Israel
[Beneficiary is Tax Resident of Israel]
27,033 Ordinary Shares
ESOP Trust and Management Services Ltd. for the benefit of Lev Firer
Israel
[Beneficiary is Tax Resident of Israel]
13,517 Ordinary Shares
ESOP Trust and Management Services Ltd. for the benefit of Fiodor
			Gherasimenco
Israel
[Beneficiary is Tax Resident of Israel]
15,770 Ordinary Shares
ESOP Trust and Management Services Ltd. for the benefit of Rina
			Zholobov
Israel
[Beneficiary is Tax Resident of Israel]
12,390 Ordinary Shares
ESOP Trust and Management Services Ltd. for the benefit of Ryan
			Lexer
Israel
[Beneficiary is Tax Resident of Israel]
7,884 Ordinary Shares
SCHEDULE "B"
REPRESENTATIONS AND WARRANTIES OF KIDOZ
Kidoz represents and warrants to Shoal Games that:
(a)         

	Organization and Qualification. 
	Kidoz is a private company duly incorporated and validly existing under the
	laws of the State of Israel and has the corporate power and authority to own
	its assets and conduct its business as now owned and conducted and no steps
	or proceedings have been taken by any Person, voluntary or otherwise, to
	strike Kidoz from the Registry of Companies or requiring or authorizing the
	dissolution or winding up of Kidoz.  Kidoz is duly qualified, licensed or
	registered to conduct business and is in good standing in each jurisdiction
	in which its assets are located or it conducts business, and has all
	necessary governmental licenses, authorizations, permits, consents and
	approvals required to own, lease and operate its properties and assets and
	to carry on its business as now conducted, except for those licenses,
	authorizations, permits, consents and approvals the absence of which do not
	have and would not be reasonably expected to have, individually or in the
	aggregate, a Material Adverse Effect with respect to Kidoz.
(b)                                                                          

	Corporate Authorization. 
	The execution, delivery and performance by Kidoz of the agreement to
	which this schedule is attached (referred to in this schedule as "the
	Agreement")

	and the consummation by Kidoz of each of the transactions contemplated
	thereby are within Kidoz' corporate powers and have been duly authorized by
	all necessary corporate action on the part of Kidoz, and no other corporate
	proceedings on the part of Kidoz are necessary to authorize the Agreement or
	any of the transactions contemplated thereby.
(c)                                                                           

	Directors' Approvals. 
	At a meeting duly called and held prior to the execution of the Agreement in
	compliance with the requirements of Israeli Companies Law and the Kidoz
	Charter documents, the Kidoz Board has unanimously: (i) determined that the
	Agreement and the transactions contemplated thereby are the best interests
	of Kidoz; and (ii) approved the entering into of the Agreement and the
	consummation by Kidoz of each of the transactions contemplated thereby.
(d)                                                                          

	No Conflict. 
	The execution, delivery and performance by Kidoz of the Agreement and the
	consummation by Kidoz of each of the transactions contemplated thereby, all
	in accordance with the terms and conditions hereof, do not and will not (or
	would not with the giving of notice, the lapse of time or the happening of
	any other event or condition), violate, conflict with or result in a breach
	of, or permit the termination, cancellation, acceleration or other change of
	any right or obligationunder:
(i)                                                                                   

	any of the articles, by-laws or other constating documents of Kidoz or any
	resolution adopted by the shareholders, board of directors or any committee
	of the board of directors of Kidoz;
(ii)                                                                                 

	any Kidoz Material Contract;
(iii)                                                                                

	except for compliance with applicable Securities Laws, any statute, rule,
	regulation or Law applicable to Kidoz;	and
(iv)                                                                               

	any provision of any applicable Law or any license, approval, consent or
	authorization issued by a Governmental Entity held by Kidoz,
with such exceptions, in the case of each of subclauses (ii) through (iv),
	as would not reasonably be expected to have, individually or in the
	aggregate, a Material Adverse Effect with respect to Kidoz.
(e)                                                                           

	Third Party Consents. 
	No consent, waiver or approval from any other party to any of the Kidoz
	Material Contracts is: (i) required to be obtained by Kidoz in connection
	with the execution, delivery and performance by Kidoz of the Agreement or
	the consummation of any of the transactions contemplated thereby, or (ii)
	required in order to maintain the Kidoz Material Contracts in full force and
	effect immediately after the consummation of the transactions contemplated
	by the Agreement, except for such consents, the absence of which would not
	be reasonably expected to have, individually or in the aggregate, a Material
	Adverse Effect with respect to Kidoz.
(f)                                                                            

	Governmental Approvals. 
	The execution, delivery and performance by Kidoz of the Agreement and the
	consummation by Kidoz of the transactions contemplated thereby require no
	consent, waiver or approval or any action by or in respect of, or filing
	with, or notification to, any Governmental Entity by Kidoz other than
	consents, waivers, approvals, actions or filings or notifications, the
	absence of which would not be reasonably expected to have, individually or
	in the aggregate, a Material Adverse Effect with respect to Kidoz.
(i)                                                                                                     

	Execution and Binding Obligation. 
	The Agreement has been duly executed and delivered by Kidoz, and constitutes
	a legal, valid and binding agreement enforceable against	it in	accordance with	its terms,	except as	such enforceability' may be	limited by: (i) applicable
	bankruptcy, insolvency, reorganization or other Laws of general application
	relating to or affecting the enforcement of creditors' rights generally, and
	(ii) the discretion that a Court may exercise in the granting of
	extraordinary remedies such as specific performance and injunction.
(g)                                                                           

	Authorized and Issued Capital.
(i)
The authorized capital of Kidoz is
	NIS 530,000, divided into 26,000,000
		Kidoz
		Ordinary
		Shares,
	of which 9,575,961 shares have been issued and are outstanding as of the
	date of this Agreement, and 27,000,000
		Kidoz
	Preferred
		Shares,
	of which
		19,549,058
	shares have been issued and are outstanding as of the date of this
	Agreement.
(ii)                                                                                 

	All of Kidoz Shares which are issued and outstanding as of the date of the
	Agreement are validly issued as fully paid and non-assessable and all of the
	Kidoz Shares which will be issued and outstanding at the Share Exchange Time
	will be validly issued as fully paid and non-assessable.
(iii)                                                                                

	Except for the Kidoz Convertible Loans, there are as of the date of the
	Agreement no bonds, debentures or other evidences of indebtedness
	outstanding that have the right to vote (or that are convertible or
	exercisable for securities having the right to vote) with holders of Kidoz
	Shares on any matter, and at the Share Exchange Time there will be no bonds,
	debentures or other evidences of indebtedness of outstanding that have the
	right to vote (or that are convertible or exercisable for securities having
	the right to vote) with holders of Kidoz Shares on any matter.
(iv)                                                                               

	Except for outstanding Kidoz Options granted under and in accordance with
	the Kidoz ESOP, the conversion rights attaching to the Kidoz Convertible
	Loans, and any inchoate rights under the Kidoz ESOP to be granted options to
	purchase Ordinary shares of Kidoz, there are as of the date of the Agreement
	no options, warrants, conversion privileges or other rights, agreements,
	arrangements or commitments (pre-emptive, contingent or otherwise) of any
	kind that obligate Kidoz to issue or sell any shares of capital stock or
	other securities of Kidoz or any securities or obligations convertible or
	exchangeable into or exercisable for, or giving any Person a right to
	subscribe for or acquire, any securities of Kidoz, and except for
	outstanding Kidoz Options granted under and in accordance with the Kidoz
	ESOP there will at the Share Exchange Time be no options, warrants,
	conversion privileges or other rights, agreements, arrangements or
	commitments (pre-emptive, contingent or otherwise) of any kind that obligate
	Kidoz to issue or sell any shares of capital stock or other securities of
	Kidoz or any securities or obligations convertible or exchangeable into or
	exercisable for, or giving any Person a right to subscribe for or acquire,
	any securities of Kidoz.
(v)                                                                                 

	All outstanding securities of Kidoz have been issued in material compliance
	with all applicable Laws, including Securities Laws.
(vi)                                                                               

	All of the Kidoz Options outstanding as of the date of the Agreement which
	are to be exercised at or prior to Closing and (A) the number of Kidoz
	Shares issuable upon the exercise thereof and (B) the purchase price payable
	therefor upon the exercise thereof are set forth in Schedule "A" to the
	Agreement.  All grants of outstanding Kidoz Options were validly issued and
	properly approved by Kidoz' Board in compliance in all material respects
	with all Laws and the Kidoz ESOP and recorded on Kidoz' financial statements
	in accordance with Israeli GAAP.
(vii)                                                                              

	Kidoz has delivered to Shoal Games a true and complete copy of the Kidoz
	ESOP and, other than as therein provided, there are no contracts,
	commitments, agreements, arrangements or understandings between: (A) Kidoz
	on the one hand and (B) any current holder Kidoz Options or any other
	convertible securities of Kidoz on the other, which would result in any such
	security vesting solely as a result of the consummation of the transactions
	contemplated by the Agreement.
(viii)                                                                            

	No dividends or distributions of a similar nature have been declared or
	authorized on any of the securities of Kidoz.
(h)                                                                           

	Charter Documents, 

	Kidoz has delivered to Shoal
	Games accurate and complete copies of the memorandum of association and
	articles of association and other charter and organizational documents of
	Kidoz, including all amendments thereto, in each case as in effect as of the
	date of this Agreement (the "Charter Documents").  There has not been any
	material violation of any of the provisions of any of the Charter Documents.
(i)                                                                             

	Corporate Records. 
	The corporate records and minute books of Kidoz are in material compliance
	with applicable Laws and contain complete and accurate records of all
	meetings and other corporate actions of the shareholder of Kidoz, the Kidoz
	Board and any committees thereof. 
	Kidoz has not taken any action
	that is inconsistent in any material respect with any resolution adopted by
	the shareholders or Kidoz, Kidoz Board or any committee thereof.  At the
	Share Exchange Time, all such

	corporate records and minute books of Kidoz
	will be in the possession of Kidoz.
(j)                                                                            

	Shareholders' and Similar Agreements.
	Kidoz is not subject to any unanimous shareholders agreement and is not a
	party to any shareholder, pooling, voting, voting trust or other similar
	arrangement or agreement relating to the ownership or voting of any of the
	securities of Kidoz or pursuant to which any Person may have any right or
	claim in connection with any existing or past equity interest in Kidoz and
	Kidoz has not adopted a shareholders' rights plan or any similar plan or agreement.
(k)                                                                          

	Subsidiaries. 
	There are no Persons in which Kidoz owns or controls, directly or
	indirectly, any material equity or proprietary interest.
(l)                                                                             

	Auditors. 
	To the Knowledge of Kidoz, Kidoz' auditors, who audited the Kidoz Financial
	Statements and provided their audit report thereon, were, at all relevant
	times, independent public accountants.
(m)                                                                         

	Disclosure Controls and Internal Control over Financial
	Reporting.
(i)           

	Kidoz maintains a system of internal accounting controls sufficient to
	provide reasonable assurance that: (A) transactions are executed in
	accordance with management's general or specific authorization and (B)
	transactions are recorded as necessary to permit preparation of financial
	statements in conformity with Israeli GAAP and to maintain accountability
	for assets; and
(ii)                                                                                 

	To the knowledge of Kidoz, as of the date of the Agreement, there is no
	fraud that involves management or any other employees who have a significant
	role in the internal control over financial reporting of Kidoz.
(n)                                                                           

	Financial Statements.
(i)           

	The Kidoz Financial Statements: (A) comply as to form in all material
	respects with all Legal Requirements applicable thereto; (B) were prepared
	in accordance with Israeli GAAP applied on a consistent basis throughout the
	periods covered (except as may be indicated in the notes to such financial
	statements; and (C) fairly present, in all material respects, the financial
	position of Kidoz as of the respective dates thereof and the results of
	operations, changes in shareholders' equity and cash flows of Kidoz for the
	periods covered thereby.
(ii)         

	Kidoz has delivered to Shoal Games an unaudited statement of cash flows of
	Kidoz, month by month for the ten (10) month period ended October 31, 2018,
	prepared by the management of Kidoz (the "Kidoz 2018 Statement of Cash
	Flows".  The Kidoz 2018 Statement of Cash Flows fully and accurately
	presents, in all material respects, the cash flows of Kidoz for the ten (10)
	month period ended October 31, 2018.
(iii)        

	To  Kidoz's Knowledge, there are no governmental inquiries or investigations
	pending or threatened regarding any accounting practice of Kidoz. Kidoz is
	in compliance in all material respects with the corporate governance and
	other requirements of the Israeli Companies Law.
(iv)       

	Neither Kidoz nor, to the Knowledge of Kidoz, any director, officer, auditor
	or accountant of Kidoz has received or otherwise had or obtained knowledge
	of any material complaint, allegation, assertion or claim, whether written
	or oral, regarding the accounting or auditing practices, procedures,
	methodologies or methods of Kidoz or its internal accounting controls,
	including any material complaint, allegation, assertion or claim that Kidoz
	has engaged in questionable accounting or auditing practices.
(o)                                                                          

	Absence of Certain Changes or Events. 
	Since the date of the Kidoz Unaudited Interim Balance Sheet the business of
	Kidoz has been conducted, in all material respects, in the ordinary course,
	consistent with past practice, and, other than the transactions contemplated
	by the Agreement, there has not been any event, occurrence, fact, effect or
	circumstance that has had or would reasonably be expected to have,
	individually or in the aggregate, a Material Adverse Effect with respect to
	Kidoz.
(p)                                                                          

	Accounts Receivable.
	All existing accounts receivable of Kidoz, including without limitation
	those accounts receivable reflected on Kidoz Unaudited Interim Balance Sheet
	that have not yet been collected and those accounts receivable that have
	arisen since October 31, 2018 and have not yet been collected, (i) represent
	valid obligations of customers of Kidoz arising from bona fide transactions
	entered into in the ordinary course of business and (ii) are current.  Kidoz
	currently expects all such currently existing accounts receivable to be
	collected in full when due, without any counterclaim or set off (net of an
	allowance for doubtful accounts not to exceed US$50,000).
(q)                                                                          

	No Undisclosed Liabilities.  
	Kidoz has no material outstanding liabilities of the type required to be
	reflected as liabilities on a balance sheet prepared in accordance with
	Israeli GAAP, or obligations of any kind whatsoever, whether accrued,
	contingent, absolute, determined, determinable or otherwise, other than (i)
	liabilities or obligations incurred in the ordinary course and which are not
	material since the date of the Kidoz Unaudited Interim Financial Statements,
	and (ii) liabilities or obligations that would not be reasonably expected to
	have, individually or in the aggregate, a Material Adverse Effect with
	respect to Kidoz.
(r)                                                                            

	Books and Records. 
	All accounting and financial books and records of Kidoz have been maintained
	in accordance with sound business
	practices.
(s)                                                                           

	Compliance with Laws and Licenses.
	Kidoz and the operation of its business are in compliance with all Laws
	applicable to them, and Kidoz has not received written notice,
	correspondence or warning of any alleged violation, offence or breach of,
	and, to the Knowledge of Kidoz, Kidoz is not under investigation	or subject	to any Legal Proceeding or
	complaint with respect
	to and
	has not
	been threatened to be charged with or notified of any alleged
	violation, offence or breach of, any Law applicable to it.
(t)          

	Data Privacy and Security.  

		Kidoz' data privacy and security policies are designed in a manner to enable
	Kidoz to comply with all applicable Legal Requirements and Kidoz complies
	with all such Legal Requirements. To Kidoz's Knowledge, Kidoz has complied
	in all material respects with all applicable Laws governing the receipt,
	collection, use, storage, processing, sharing, security, disclosure or
	transfer of personal information that is possessed by or otherwise subject
	to the control of Kidoz.  Except for disclosures of information required by
	Law, authorized by the provider of personal information or provided for in
	Kidoz' privacy policies, Kidoz has not sold, rented or otherwise made
	available, and does not sell, rent or otherwise make available, to third
	parties any personal information. 

	Kidoz has not been notified in writing of and, to the knowledge of Kidoz,
	Kidoz is not the subject of, any complaint, regulatory investigation or
	proceeding related to data security or privacy.
	No claims have been asserted or threatened, or are reasonably expected to be
	asserted or threatened, with respect to personal information possessed by or
	otherwise subject to the control of Kidoz.
(u)                                                                           

	Litigation. 
	There is no Legal Proceeding now pending or, to the knowledge of Kidoz,
	threatened against Kidoz, which (i) if adversely determined, would
	reasonably be expected to have, individually or in the aggregate, a Material
	Adverse Effect with respect to Kidoz, or (ii) would restrain, enjoin or
	otherwise prohibit or materially delay or otherwise materially and adversely
	affect the  consummation of the transactions contemplated by the Agreement.
(v)                                                                           

	Tax Matters.
(i)           

	Kidoz has (i) timely filed, after taking into account any extension of time
	within which to file, all Tax Returns required to be filed by it, which Tax
	Returns were complete, accurate and correct in all material respects; and
	(ii) timely paid all Taxes due and owing, whether or not shown to be due on
	such Tax Returns.  No deficiencies for any amount of Taxes have been
	proposed, asserted or assessed against Kidoz as of the date hereof, and no
	requests for waivers of the time to assess any such Taxes are pending or
	have been granted.  No written claim has been made by a Governmental Entity
	in a jurisdiction where Kidoz does not file a Tax Return that Kidoz is
	subject to taxation by that jurisdiction.
(ii)         

	No examination or audit of any Tax Return of Kidoz or any administrative or
	judicial proceeding in respect of any amount of Tax is currently in progress
	or, to Kidoz's Knowledge, threatened.
(iii)        

	Kidoz has not participated in any transaction that is a "reportable
	transaction" under Israeli Tax Ordinance section 131(g) and the regulations
	promulgated thereunder.
(iv)       

	There is no Encumbrance for Taxes on any of Kidoz's assets other than liens
	for Taxes not yet due or the amount or validity of which is being contested
	in good faith by appropriate proceedings and for which adequate accruals or
	reserves have been established on the financial statements in accordance
	with Israeli GAAP.
(v)         

	Kidoz is tax resident only in Israel.  Kidoz is managed and controlled from
	Israel.  Kidoz does not have nor has it ever had a permanent or fixed
	establishment, branch, residence or other taxable presence, as defined in
	any applicable Tax treaty, law or regulation in any country other than
	Israel.
(vi)       

	In relation to goods and services tax or value added or other similar Tax,
	Kidoz: (i) has been duly registered and is a taxable person; (ii) has
	complied, in all material respects, with all statutory requirements, orders,
	provisions, directives or conditions; and (iii) has not been required by the
	relevant authorities of customs and excise to give security.
(vii)      

	Kidoz has complied in all respects with information reporting and all
	applicable Laws relating to the payment and withholding of Taxes from
	payments made or deemed made to any Person and have duly and timely withheld
	and paid over to the appropriate Governmental Entity all amounts required to
	be so withheld and paid under all applicable Laws.
(viii)    

	Kidoz is duly registered for the purposes of Israeli value added tax and has
	complied in all material respects with all requirements concerning value
	added Taxes ("VAT"). Kidoz (i) has not made any exempt transactions (as
	defined in the Israel Value Added Tax Law of 1975) and there are no
	circumstances by reason of which there might not be an entitlement to full
	credit of all VAT chargeable or paid on inputs, supplies, and other
	transactions and imports made by it, (ii) has collected and timely remitted
	to the relevant Governmental Entity all output VAT which it is required to
	collect and remit under any applicable Law; and (iii) has not received a
	refund for input VAT for which it is not entitled under any applicable Law.
(w)   

	Title to Assets.
(i)           

	Kidoz does not own any real property. Kidoz has a valid leasehold interest
	in the real property located in Tel Aviv, Israel from which it conducts its
	business (the "Kidoz Premises Lease"). The Kidoz Premises Lease is in full
	force and effect in accordance with its terms and Kidoz is in good standing
	thereunder.
(ii)         

	Kidoz has good, valid and marketable title to, or a valid and enforceable
	leasehold interest in all material personal property owned or leased by it,
	free and clear of any Encumbrances, except as would not have a Material
	Adverse Effect with respect to Kidoz.
(x)    

	Material Contracts. 
	In each case, except as would not be reasonably expected to have,
	individually or in the aggregate, a Material Adverse Effect with respect to
	Kidoz:
(i)           

	Kidoz has performed the obligations required to be performed by it to date
	under the Kidoz Material Contracts;
(ii)         

	Kidoz is not in breach of or default under any of the Kidoz Material
	Contracts;
(iii)        

	each of the Kidoz Material Contracts is a legal, valid and binding
	obligation of Kidoz, is in good standing in all material respects, is in
	full force and effect, and is enforceable by Kidoz in accordance with its
	terms, except as such enforceability may be limited by: (i) applicable
	bankruptcy, insolvency, reorganization or other Laws of general application
	relating to or affecting the enforcement of creditors' rights generally, and
	(ii) the discretion that a Court may exercise in the granting of
	extraordinary remedies such as specific performance or injunction; and
(iv)       

	Kidoz has not received written, or to the Knowledge of Kidoz, other notice
	of, any alleged breach of or alleged default under or dispute in connection
	with any of the Kidoz Material Contracts or of any intention of any party to
	any of the Kidoz Material Contracts to cancel, rescind, terminate or
	otherwise modify or not renew its relationship with Kidoz.
(y)    

	Restrictions on Business Activities. 
	There is no agreement, judgment, injunction, order or decree binding upon
	Kidoz that has or would reasonably be expected to have the effect of
	prohibiting, restricting or materially impairing any business practice of
	Kidoz or the conduct of business by Kidoz as currently conducted.
(z)    

	Intellectual Property. 
	In each case except as would not be reasonably expected to have,
	individually or in the aggregate, a Material Adverse Effect with respect to
	Kidoz:
(i)           

	Kidoz
		exclusively owns and has all right, title, and interest in and to
	or has a license to or otherwise has the right to use, all Intellectual
	Property which are material and necessary for the conduct of its business as
	presently conducted (the "Kidoz IP"), free and clear of any Encumbrances. 

	Kidoz is not bound by, and no Kidoz IP is subject to, any Contract
	containing any covenant or other provision that materially restricts the
	ability of Kidoz to use, assert, enforce, or otherwise exploit any Kidoz IP
	anywhere in the world.  Kidoz has not transferred ownership of, whether a
	whole or partial interest, or granted any exclusive right to use, any Kidoz
	IP to any Person.  All of the Kidoz IP is valid and enforceable, except as
	such enforceability may be limited by: (A) applicable bankruptcy,
	insolvency, reorganization or other Laws of general application relating to
	or affecting the enforcement of creditors' rights generally, and (B)
	discretion that a Court may exercise in the granting of extraordinary
	remedies such as specific performance or injunction.  To the Knowledge of
	Kidoz, no third party is infringing upon or diluting any of the Kidoz IP in
	a manner that would reasonably be expected to materially and adversely
	affect such material Intellectual Property.
(ii)         

	All registrations, if any, and filings (including applications) that Kidoz
	has considered necessary to preserve its rights its material and necessary
	Intellectual Property have been made, are in good standing and are not
	invalid. Kidoz has not received a communication from any Governmental Entity
	indicating that an application for any of the trademarks constituted in the
	Kidoz Intellectual Property is unregistrable due to another person's rights.
	Kidoz has no pending action or proceeding, nor any threatened action or
	proceeding, against any Person with respect to its Intellectual Property,
	and to the knowledge of Kidoz, there are no circumstances which cast doubt
	on the validity or enforceability of the registered Intellectual Property
	owned or used by Kidoz.
(iii)        

	To the Knowledge of Kidoz, (A) Kidoz has not received a notice that the
	prior and continuing operation of any of its businesses interfere with,
	infringe upon, misappropriate, or otherwise come into conflict with, any
	material Intellectual Property of third parties, (B) there is no claim or
	demand of any person pertaining to, or any proceeding which is pending or,
	to the knowledge of Kidoz, threatened, that challenges the rights of Kidoz
	in respect of any such Intellectual Property, or claims that any activities
	of the business of Kidoz infringes, violates, or misappropriates any
	material Intellectual Property of any person, and (C) no facts exist which
	would reasonably ground an infringement or passing off claim against Kidoz
	by any third party in relation to the business of Kidoz.
(iv)       

	Each employee, officer, director, Contractor and consultant of Kidoz who has
	contributed to the creation or development of any Kidoz IP or Kidoz
	Technology for or on behalf of Kidoz has signed a valid and enforceable
	agreement that includes (i) confidentiality obligations in favor of  Kidoz,
	and (ii) an effective and valid assignment to Kidoz of all right, title and
	interest in and to all Intellectual Property Rights and Technology created
	or developed by such Person as a result of or during such Person's
	employment by or engagement with Kidoz related to the business of Kidoz
	(including the rights to transfer, license, amend and modify such
	Intellectual Property Rights) (collectively, the "Invention Assignment
	Agreements").  No employee, officer, director, Contractor or consultant of
	Kidoz has excluded any Intellectual Property Rights from any Invention
	Assignment Agreement executed by such Person in connection with such
	Person's employment by or engagement with Kidoz.  To Kidoz's Knowledge, no
	shareholder, officer, director, employee, consultant or Contractor of Kidoz
	has any claim, right (whether or not currently exercisable), or ownership
	interest in any Kidoz IP.
(v)         

	Kidoz has taken reasonable steps to protect and maintain the confidentiality
	of, and the rights of Kidoz in, Kidoz's Confidential Information.  Without
	limiting the foregoing, Kidoz has required each employee, Contractor and
	consultant of Kidoz with access to any such Confidential Information to
	execute a written agreement that provides reasonable protection for such
	Confidential Information and all employees, Contractors and consultants of
	Kidoz with access to such Confidential Information have executed such an
	agreement, except as would not have a Material Adverse Effect on Kidoz.  All
	disclosures by Kidoz of any such Confidential Information have been made
	pursuant to a written agreement that provides reasonable protection for such
	Confidential Information. Kidoz has taken reasonable steps to protect the
	Confidential Information of any Person provided to Kidoz in accordance with
	all applicable obligations of confidentiality.
(aa)   Compliance with Legal Requirements.  Kidoz is, and has at all
	times been, in compliance in all material respects with all applicable Legal
	Requirements.  Kidoz has not received any notice or other communication from
	any Governmental Entity or other Person regarding any violation of, or
	failure to comply with, in any material respect, any Legal Requirement.  The
	business of Kidoz as currently conducted does not require a license from the
	Israeli Ministry of Economy and/or the Israeli Ministry of Defense and/or an
	authorized body thereof pursuant to Section 2(a) of the Control of Products
	and Services Declaration (Engagement in Encryption), 1974, as amended.
(bb)   Anti-Corruption Laws; Certain Business Practices.  Kidoz has
	not, nor, to Kidoz's Knowledge, has any director, officer, agent, employee
	or other Person acting on behalf of Kidoz, in any material respect, (a)
	violated any provision of the Foreign Corrupt Practices Act of 1977, as
	amended, the rules and regulations thereunder, the UK Bribery Act, 2010, as
	amended, the rules and regulations thereunder, the OECD Convention on
	Combating Bribery of Foreign Public Officials in International Transactions,
	dated 21 November 1977, Title 5 of the Israeli Penalty Law (Bribery
	Transactions), or other similar Laws that prohibit bribery, or corruption or
	any similar Law ("Anti-Corruption Laws"), (b) used any corporate or other
	funds for unlawful contributions, payments, gifts, or entertainment, or made
	any unlawful expenditures relating to political activity to foreign or
	domestic government officials, employees or others or established or
	maintained any unlawful or unrecorded funds in violation of Section 30A of
	the Securities Exchange Act of 1934, as amended, (c) accepted or received
	any unlawful contributions, payments, gifts or expenditures or (d) made,
	offered or authorized any unlawful bribe, rebate, payoff, influence payment,
	kickback or other similar unlawful payment.
(cc)   Employees and Contractors.
(i)           

	Kidoz has delivered to Shoal Games a true, correct and complete list of all
	employees of Kidoz, and includes each employee's name, position and title,
	actual scope of employment (e.g., full or part-time or temporary), salary
	and any other compensation and benefits payable, maintained or contributed
	to, commissions. Kidoz has not made any promises or commitments to any of
	its employees, whether in writing or not, with respect to any future changes
	or additions to their compensation or benefits.
(ii)         

	None of the Kidoz Key Employees has informed Kidoz of his or her intention
	to terminate employment with Kidoz.
(iii)        

	Kidoz has been and is in compliance in all material respects with all Laws
	relating to employees and employment.
(iv)       

	Kidoz has delivered to Shoal Games a true, correct and complete list of all
	present independent contractors and consultants ("Contractors") to Kidoz.
(v)         

	Kidoz has no unsatisfied obligations of any nature to any of its former
	employees or Contractors.
(vi)       

	All employees of Kidoz have executed Kidoz's standard employment agreement
	and standard restrictive covenants' agreement.  Kidoz has made available to
	Shoal Games: (i) the form of Kidoz's standard employment agreement, and (ii)
	accurate and complete copies of all the employment agreements with the Kidoz
	Key Employees.
(vii)      

	Neither the execution, delivery or performance of the Agreement, nor the
	consummation of any of the transactions contemplated thereunder, will result
	in any obligation to pay any current or former directors, officers,
	employees or Contractors of Kidoz, severance pay or termination, retention
	or any other benefits or payments.
(dd)  

	Insurance. 
	Kidoz maintains such insurance policies with recognized insurers as are
	appropriate to its business(es), in such amounts and against such risks as
	are customarily carried and insured against by prudent owners of comparable
	business(es).  All such policies are in all material respects in full force
	and effect in accordance with their terms.  Kidoz has no reason to believe
	that it will not be able to renew its existing insurance coverage as and
	when such coverage expires or to obtain similar coverage from similar
	insurers as may be necessary to continue its business at a cost that would
	not have a Material Adverse Effect with respect to Kidoz.
(ee)  

	Brokers. 
	Other than Ibis Capital Limited, no broker, finder, financial advisor or
	investment banker is entitled to any brokerage, finder's or other fee or
	commission in connection with the transactions contemplated by this
	Agreement based upon arrangements made by or on behalf of Kidoz.
(ff)    

	Non-Arm's Length Agreements. 
	Kidoz does not have any Non-Arm's Length Agreement.
(gg)  

	Money Laundering Laws. 
	The operations of Kidoz are and have been conducted at all times in material
	compliance with applicable financial recordkeeping and reporting
	requirements of the Money Laundering Laws and no action, suit or proceeding
	by or before any Regulatory Authority involving with respect to the Money
	Laundering Laws is pending or, to the knowledge of Kidoz,	threatened.
(hh)  

	OFAC. 
	Neither Kidoz nor, to the Knowledge of Kidoz, any director, officer, agent,
	employee, affiliate or other Person acting on behalf of Kidoz is currently
	the subject or target of any United States sanctions administered or
	enforced by OFAC and Kidoz has not lent, contributed or otherwise made
	available, directly or indirectly, any Person or entity for the purpose of
	financing the activities of any Person which, to the Knowledge of Kidoz, is
	currently subject to any United States sanctions administered by OFAC.
(ii)       

		Export Compliance. 
	Kidoz has not nor has any director, officer, agent, employee or other Person
	acting on behalf of Kidoz violated or failed to comply in any material
	respect with: (A) any Israeli Law or regulation thereunder, including the
	Defense Export Control Law- 2007, the Law Governing the Control of
	Commodities and Services - 1957, the Order Regarding the Engagement in
	Encryption Items - 1974; the Declaration Governing the Control of
	Commodities and Services (Engagement in Encryption Items) (Amendment) -
	1998; the Import And Export Order (Control Of Dual-Purpose Goods, Services
	And Technology Exports), 2006; and the Trading With The Enemy Ordinance,
	1939, or (B) any Law of any other national government that pertains to Kidoz
	and/or its business, related to the export or re-export of goods (including
	products, software and technology), services and know-how.  None of Kidoz
	Software or the Kidoz Technology has any encryption means or any encrypted
	application.
SCHEDULE "C"
SEPARATE REPRESENTATIONS AND WARRANTIES
OF THE KIDOZ SECURITIES HOLDERS
Each of the Kidoz Securities Holders, severally and not jointly and only to
	the limited extent specified in Section 4.1 of the agreement to which this
	schedule is attached (referred to in this schedule as "the Agreement"), each
	referred to in this schedule as "the Warranting Shareholder", represents and
	warrants to Shoal Games that:
(a)        the Kidoz Shares registered in the name of, or held by, the
	Warranting Shareholder, if any, are beneficially owned by the Warranting
	Shareholder free and clear of all voting restrictions, trade restrictions
	(other than as imposed by the articles of association of Kidoz), liens,
	charges or encumbrances of any kind whatsoever;
(b)        except as is provided for by operation of the Agreement, there
	are no options, agreements, rights of first refusal or other rights of any
	kind whatsoever to acquire all or any part of the Kidoz Shares held by the
	Warranting Shareholder, if any, or any interest in any of them;
(c)        the Warranting Shareholder has good and sufficient right and
	authority to enter into the Agreement and to carry out his, her or its
	obligations under the Agreement on the terms and conditions set forth
	therein, and the Agreement is a binding agreement of the Warranting
	Shareholder, enforceable against the Warranting Shareholder in accordance
	with its terms and conditions;
(d)        to the extent that they might prevent the Warranting Shareholder
	from meeting his, her or its obligations under the Agreement, there are no
	outstanding actions, suits, judgments, investigations or proceedings of any
	kind whatsoever against or affecting the Warranting Shareholder at law or in
	equity, or before or by any federal, provincial, state, municipal or other
	government department, commission, board, bureau or agency of any kind
	whatsoever nor are there, to the best of the Warranting Shareholder's
	knowledge, any pending or threatened;
(
e)        the execution and delivery of the Agreement and the performance
	of the Warranting Shareholder's obligations under the Agreement will not:
(i)         conflict with, or result in the breach of or the acceleration of
	any indebtedness under, or constitute default, under any indenture,
	mortgage, agreement, lease, licence or other instrument of any kind
	whatsoever to which the Warranting Shareholder is a party or by which the
	Warranting Shareholder is bound, or any judgment or order of any kind
	whatsoever of any court or administrative body of any kind whatsoever by
	which the Warranting Shareholder is bound; or
(ii)        to the best of the Warranting Shareholder's Knowledge, result in
	the violation of any law ordinance, statute, regulation, by-law, order or
	decree of any kind whatsoever by the Warranting Shareholder;
(f)         where the Warranting Shareholder is a corporation, the
	execution, delivery and performance by the Warranting Shareholder of the
	Agreement are within the Warranting Shareholder's corporate powers, have
	been duly authorized by all necessary corporate action on the part of its
	board of directors and shareholders and no other corporate proceedings on
	the part of the Warranting Shareholder are necessary to authorize the
	Agreement or the transfer of those Kidoz Shares held by the Warranting
	Shareholder, if any, contemplated thereby;
(g)        where the Warranting Shareholder is a limited partnership, the
	execution, delivery and performance by the Warranting Shareholder of the
	Agreement are within the Warranting Shareholder's powers, have been duly
	authorized by all necessary action on the part of its general partner and
	limited partners and no other proceedings on the part of the Warranting
	Shareholder are necessary to authorize the Agreement or the transfer of
	those Kidoz Shares held by the Warranting Shareholder, if any, contemplated
	thereby;
(h)        the Warranting Shareholder is acquiring those of the Shoal Games
	Exchange Shares to be issued to the Warranting Shareholder on consummation
	of the transactions contemplated by the Agreement for his, her or its own
	account, with investment intent, and not with a view to distributing or
	participating in the distribution of such securities in violation of
	applicable Laws; and
(i)         the Warranting Shareholder is a legal resident of the
	jurisdiction specified under the name of the Warranting Shareholder on
	Schedule "A" attached to the Agreement.
SCHEDULE "D"
REPRESENTATIONS AND WARRANTIES OF SHOAL GAMES
Shoal
Games represents and warrants to Kidoz and each of the Kidoz Securities Holders
that:
(a)                                                                           

Organization and Qualification. 
Shoal Games is a corporation duly incorporated and validly existing under the
laws of Anguilla (as an International Business Corporation incorporated under
the Anguilla International Business Corporations Act) and has the corporate
power and authority to own its assets and conduct its business as now owned and
conducted and no steps or proceedings have been taken by any Person, voluntary
or otherwise, requiring or authorizing the dissolution or winding up of Shoal
Games.  Shoal Games is duly qualified, licensed or registered to conduct
business and is in good standing in each jurisdiction in which its assets are
located or it conducts business, and has all necessary governmental licenses,
authorizations, permits, consents and approvals required to own, lease and
operate its properties and assets and to carry on its business as now conducted,
except for those licenses, authorizations, permits, consents and approvals the
absence of which do not have and would not be reasonably expected to have,
individually or in the aggregate, a Material Adverse Effect with respect to
Shoal Games or any member of the Shoal Games Group.
(b)                                                                          

Corporate Authorization. 
The execution, delivery and performance by Shoal Games of the agreement to
which this schedule is attached (referred to in this schedule as "the
Agreement")

and the consummation by Shoal Games of each of the transactions contemplated
thereby are within Shoal Games' corporate powers and have been duly authorized
by all necessary corporate action on the part of Shoal Games, and no other
corporate proceedings on the part of Shoal Games are necessary to authorize the
Agreement or any of the transactions contemplated thereby.
(c)                                                                           

Directors' Approvals. 
The Shoal Games Board has unanimously: (i) determined that the Agreement and the
transactions contemplated thereby are the best interests of Shoal Games; and
(ii) has approved the entering into of the Agreement and the consummation by
Shoal Games of each of the transactions contemplated thereby.
(d)                                                                          
No
Conflict. 
The execution, delivery and performance by Shoal Games of the Agreement and the
consummation by Shoal Games of each of the transactions contemplated thereby,
all in accordance with the terms and conditions hereof, do not and will not (or
would not with the giving of notice, the lapse of time or the happening of any
other event or condition), violate, conflict with or result in a breach of, or
permit the termination, cancellation, acceleration or other change of any right
or obligationunder:
(i)                                                                                   

any of the articles, by-laws or other constating documents of any member of the
Shoal Games Group;
(ii)                                                                                 

any Shoal Games Material Contract;
(iii)                                                                                

except for compliance with applicable Securities Laws and stock exchange rules
and policies, any statute, rule, regulation or Law applicable to any member of
the Shoal Games Group; and
(iv)                                                                               

any provision of any applicable Law or any license, approval, consent or
authorization issued by a Governmental Entity held by any member of the Shoal
Games Group,
with such exceptions, in the case of each of subclauses (ii) through (iv), as
would not reasonably be expected to have, individually or in the aggregate, a
Material Adverse Effect with respect to Shoal Games or any member of the Shoal
Games Group.
(e)                                                                           

Third Party Consents. 
No consent, waiver or approval from any other party to any of the Shoal Games
Material Contracts is (i) required to be obtained by Shoal Games in connection
with the execution, delivery and performance by Shoal Games of the Agreement or
the consummation of any of the transactions contemplated thereby, or (ii)
required in order to maintain the Shoal Games Material Contracts in full force
and effect immediately upon the consummation of the transactions contemplated by
the Agreement, except for such consents, the absence of which would not be
reasonably expected to have, individually or in the aggregate, a Material
Adverse Effect with respect to Shoal Games or any member of the Shoal Games
Group.
(f)                                                                            

Governmental Approvals. 
The execution, delivery and performance by
	Shoal Games of the Agreement and the
consummation by Shoal Games of the transactions contemplated thereby require no
consent, waiver or approval or any action by or in respect of, or filing with,
or notification to, any Governmental Entity by Shoal Games other than (i) the
approvals of such Regulatory Authorities as may be applicable and the Exchange
Acceptance, as set forth in the Agreement, and (ii) any consents, waivers,
approvals, actions or filings or notifications, the absence of which would not
be reasonably expected to have, individually or in the aggregate, a Material
Adverse Effect with respect to Shoal Games or any member of the Shoal Games Group.
(g)                                                                           

Execution and Binding Obligation. 
The Agreement has been duly executed and delivered by Shoal Games, and
constitutes a legal, valid and binding agreement enforceable against it in
accordance with its terms, except as such enforceability may be limited by: (i)
applicable bankruptcy, insolvency, reorganization or other Laws of general
application relating to or affecting the enforcement of creditors' rights
generally, and (ii) the discretion that a Court may exercise in the granting of
extraordinary remedies such as specific performance and injunction.
(h)                                                                           

Authorized and Issued Capital.
(i)                                                                                   

The authorized capital of Shoal Games consists of an unlimited number of Shoal
Games Shares.  As of the date of the Agreement, 73,674,703 Shoal Games Shares
have been issued and are outstanding, and, as of the Share Exchange Time, that
number of Shoal Games Shares which is equal to 73,674,703 plus the number of
Shoal Games Shares in respect of which currently outstanding Shoal Games Options
have theretofore been exercised will have been issued and be outstanding.
(ii)                                                                                 

All of Shoal Games Exchange Shares to be issued pursuant to the Agreement will
be validly issued as fully paid and non-assessable, will be listed for trading
on the TSX Venture Exchange, will not be subject to any contractual or other
restrictions on voting, and will not be subject to any contractual or other
restrictions on transferability, except that:
(A)     the Shoal Games Exchange Shares will be subject to those hold periods
imposed thereon by the TSX Venture Exchange, in accordance with its usual rules
and policies, and by all applicable Securities Laws, including, without
limitation, the Securities Act (Ontario), the Securities Act (British Columbia)
and the 1933 Act; and
(B)      those of the Shoal Games Shares which are issued to Persons who or
which are or become an "affiliate" of Shoal Games, as that term is defined in
subparagraph (a)(1) of Rule 144 under the 1933 Act ("Rule 144"), may have
transfer restrictions imposed upon them pursuant to Rule 144.
(iii)                                                                                

There are no bonds, debentures or other evidences of indebtedness of any member
of the Shoal Games Group outstanding that have the right to vote (or that are
convertible or exercisable for securities having the right to vote) with holders
of Shoal Games Shares on any matter.
(iv)                                                                               

Except for outstanding Shoal Games Options under the Shoal Games Stock Option
Plan, which entitle the holders thereof to purchase up to 3,610,000 Shoal Games
Shares, there are no options, warrants, conversion privileges or other rights,
agreements, arrangements or commitments (pre-emptive, contingent or otherwise)
of any kind that obligate Shoal Games to issue or sell any shares of capital
stock or other securities of Shoal Games or any of its Subsidiaries or any
securities or obligations convertible or exchangeable into or exercisable for,
or giving any Person a right to subscribe for or acquire, any securities of
Shoal Games or any of its Subsidiaries.
(v)                                                                                 

All outstanding securities of Shoal Games have been issued in material
compliance with all applicable Laws, including Securities Laws.
(vi)                                                                               

The latest of the applicable Shoal Games Filings sets forth all of the Shoal
Games Options outstanding as of the date of the Agreement and (i) the number of
Shoal Games Shares issuable upon the exercise thereof and (ii) the purchase
price payable therefor upon the exercise thereof.  All grants of outstanding
Shoal Games Options were validly issued and properly approved by Shoal Games'
Board in compliance in all material respects with all Laws and the Shoal Games
Stock Option Plan (in the case of Shoal Games Options) and recorded on Shoal
Games' financial statements in accordance with U.S. GAAP.
(vii)                                                                              

The Shoal Games Data Room contains a true and complete copy of Shoal Games'
Stock Option Plan and there are no contracts, commitments, agreements,
arrangements or understandings between: (A) Shoal Games or any other member of
the Shoal Games Group on the one hand and (B) any current holder Shoal Games
Options or any other convertible securities of Shoal Games on the other, which
would result in any such security vesting solely as a result of the consummation
of the transactions contemplated by the Agreement.
(viii)                                                                            

No
dividends or distributions have been declared or authorized on any of the
securities of Shoal Games.
(i)                                                                             

Significant Shareholders. 
Except as disclosed in the latest of the applicable Shoal Games Filings, to the
knowledge of Shoal Games, no Person beneficially owns, directly or indirectly,
or exercises control or direction over, more than 10% of the votes attached to
the Shoal Games Shares.
(j)                                                                            

Shareholders' and Similar Agreements. 
Neither Shoal Games nor any of Shoal Games' Subsidiaries is subject to any
unanimous shareholders agreement and is not a party to any shareholder, pooling,
voting, voting trust or other similar arrangement or agreement relating to the
ownership or voting of any of the securities of Shoal Games or of any of its
Subsidiaries or pursuant to which any Person may have any right or claim in
connection with any existing or past equity interest in Shoal Games or in any of
its Subsidiaries and Shoal Games has not adopted a shareholders' rights plan or
any similar plan or agreement.
(k)                                                                          

Subsidiaries.
(i)                                                                                   

Except for Shoal Media (Canada) Inc., Shoal Games (UK) plc, Coral Reef Marketing
Inc., Shoal Media Inc., Rooplay Media Ltd., Shoal Media UK Ltd., Rooplay Media
Kenya Limited and certain dormant corporations (each a "Subsidiary of Shoal
Games" and, collectively, the "Subsidiaries of Shoal Games"), each wholly-owned,
except for a 0.1% interest in the shares of the inactive company Shoal Games
(UK) plc held in trust by an associate of Shoal Games to satisfy a U.K. legal
requirement that the company have at least two shareholders, there are no
Persons in which Shoal Games owns or controls, directly or indirectly, any
material equity or proprietary interest.
(ii)                                                                                 

Each of the Subsidiaries of Shoal Games: (A) is a corporation duly organized and
validly existing under the Laws of the jurisdiction of its incorporation,
organization or formation, as the case may be, and no steps or proceedings have
been taken by any Person, voluntary or otherwise, requiring or authorizing the
dissolution or winding up of any of the Subsidiaries of Shoal Games, (B) has all
requisite corporate power and authority, as the case may be, to own, lease and
operate its properties and assets and to conduct its business as now owned and
conducted in each jurisdiction in which the conduct of its business or the
ownership, leasing or operation of its property and assets requires such
qualification, and (C) is duly qualified, licensed or registered to conduct
business and is in good standing in each jurisdiction in which its assets are
located or it conducts business, except where the failure to be so organized,
validly existing, qualified, licensed, registered or in good standing, or to
have such power or authority, would not reasonably be expected to have,
individually or in the aggregate, a Material Adverse Effect with respect to
Shoal Games Group.
(iii)                                                                                

Shoal Games owns, directly or indirectly, all of the issued and outstanding
shares or other equity interests of each of the Subsidiaries of Shoal Games,
free and clear of any Encumbrances and all such shares and other equity
interests so owned directly or indirectly by Shoal Games have been duly
authorized and validly issued, as fully paid and non-assessable and have been
issued in material compliance with all applicable Laws and no Person has any
agreement, option, right or privilege (whether pre-emptive or contractual)
capable of becoming an agreement, for the purchase from Shoal Games or any of
the Subsidiaries of Shoal Games of any interest in any of the shares or other
equity interests in the capital of the Subsidiaries of Shoal Games.
(l)                                                                             

Securities Laws Matters.
(i)                                                                                   

Shoal Games is a "reporting issuer" under Securities Laws in each of the
provinces of Canada in which it is within the definition of such an issuer of
securities, is not on the list of reporting issuers in default under the
Securities Laws of such provinces and is in compliance, in all material
respects, with all such Securities Laws.
(ii)                                                                                 

Shoal Games has not taken any action to cease to be a reporting issuer in any
province nor has Shoal Games received notification from any Securities Authority
seeking to revoke the reporting issuer status of Shoal Games.
(iii)        

Shoal Games Shares are listed and posted for trading on the TSX Venture
Exchange.
(iv)       

The Shoal Games Shares are registered under Section 12 of the 1934 Act, and
Shoal Games is required to file reports with the United States Securities and
Exchange Commission under Section 13 and Section 15(d) of the 1934 Act.
(v)         

The Shoal Games Shares are quoted under the symbol "SGLDF" on the Over the
Counter Markets - The Venture Marketplace ("OTCQB") operated by OTC Markets
Group Inc. (http://www.otcmarkets.com/).
(vi)                                                                               

Shoal Games has filed with the Securities Authorities all material forms,
reports, schedules, statements and other documents required to be filed pursuant
to applicable Securities Laws by Shoal Games with the Securities Authorities. 
The documents comprising Shoal Games Filings did not as of the date filed (or if
amended or superseded by a subsequent filing prior to the date of the Agreement,
on the date of such subsequent filing) contain any Misrepresentation and
complied in all material respects with the requirements of all applicable
Securities Laws.  Shoal Games has not filed any confidential material change
report which at the date of the Agreement remains confidential.  As of the date
hereof, to the Knowledge of Shoal Games, none of the Shoal Games Filings is the
subject of an ongoing review or outstanding investigation by any Securities
Authorities in Canada or by the SEC.
(m)                                                                         

Auditors. 
To the Knowledge of Shoal Games, Shoal Games' auditors, who audited Shoal Games'
financial statements and provided their audit report, were, at the relevant
time, independent public accountants and there has never been a reportable event
(within the meaning of National Instrument 51- 102 -
Continuous Disclosure
Obligations
) between Shoal Games and such auditors.
(n)                                                                           

Security Ownership. 
None of Shoal Games Group, any of their affiliates, any such Person's
Representatives or any other Person acting jointly or in concert with any of
them, beneficially owns or controls (directly or indirectly, economically, or
through derivatives or otherwise) any securities of Kidoz or any of its
affiliates.
(o)                                                                          

Disclosure Controls and Internal Control over Financial
Reporting.
(i)           

Shoal Games and the Subsidiaries of Shoal Games maintain a system of internal
accounting controls sufficient to provide reasonable assurance that (A)
transactions are executed in accordance with management's general or specific
authorization and (B) transactions are recorded as necessary to permit
preparation of financial statements in conformity with U.S. GAAP and to maintain
accountability for assets; and
(ii)                                                                                 

To
the knowledge of Shoal Games, as of the date of the Agreement, there is no fraud
that involves management or any other employees who have a significant role in
the internal control over financial reporting of Shoal Games.
(p)                                                                          

Financial Statements. 
Shoal Games' audited consolidated financial statements as at and for the fiscal
year ended December 31, 2017 and unaudited consolidated financial statements as
at and for the periods ended March 31, 2018, June 30, 2018 and September 30,
2018 (the "Shoal Games Financial Statements") have been prepared in accordance
with U.S. GAAP (subject to year-end adjustments, where applicable) applied on a
basis consistent with prior periods and present fairly, in all material
respects, the consolidated financial position of the members of the Shoal Games
Group as of the respective dates thereof and for the respective periods covered
thereby.
(q)                                                                          

Absence of Certain Changes or Events. 
Since the date of the last Shoal Games Filing, other than the transactions
contemplated by the Agreement, there has not been any event, occurrence, fact,
effect or circumstance that has had or would reasonably be expected to have,
individually or in the aggregate, a Material Adverse Effect with respect to
Shoal Games or any member of the Shoal Games Group.
(r)                                                                            
No
Undisclosed Liabilities. 
Shoal Games Group has no material outstanding liabilities of the type required
to be reflected as liabilities on a balance sheet prepared in accordance with
U.S. GAAP, or obligations of any kind whatsoever, whether accrued, contingent,
absolute, determined, determinable or otherwise, other than (i) liabilities or
obligations disclosed in the Shoal Games Filings, (ii) liabilities or
obligations incurred in the ordinary course and which are not material since
September 30, 2018, (iii) liabilities or obligations that would not be
reasonably expected to have, individually or in the aggregate, a Material
Adverse Effect with respect to Shoal Games or any member of the Shoal Games Group.
(s)                                                                           

Stock Exchange Compliance. 
Shoal Games is in compliance in all material respects with the applicable
listing and corporate governance rules and regulations of theTSX Venture Exchange.
(t)                                                                            

Books and Records. 
All accounting and financial books and records of Shoal Games Group have been
maintained in accordance with sound business
practices.
(u)                                                                           

Compliance with Laws and Licenses. 
The Shoal Games Group and the operation of its business(es) are in compliance
with, has not received written notice, correspondence or warning of any alleged
violation, offence or breach of, and to the knowledge of Shoal Games, is not
under investigation or
subject to
any Legal Proceeding or
complaint with respect
to and
has not
been threatened to be charged with or notified of any alleged violation,
offence or breach of, any Law applicable to it.
(v)         

Data Privacy and Security.
 No member of the Shoal Games Group has been notified in writing of and, to the
knowledge of Shoal Games, no member of the Shoal Games Group is the subject of,
any complaint, regulatory investigation or proceeding related to data security
or privacy.
(w)                                                                         

Litigation. 
There is no Legal Proceeding now pending or, to the knowledge of Shoal Games,
threatened against any member of the Shoal Games Group, which (i) if adversely
determined, would reasonably be expected to have, individually or in the
aggregate, a Material Adverse Effect with respect to Shoal Games or any member
of the Shoal Games Group, or (ii) would restrain, enjoin or otherwise prohibit
or materially delay or otherwise materially and adversely affect the
consummation of the transactions contemplated by the Agreement.
(w)   

Taxes. 
Shoal Games and each of the other members of the Shoal Games Group has paid, or
accrued in its financial statements, all required taxes and other government
charges, and has filed with appropriate federal, provincial and local taxation
authorities all required returns, reports and declarations.  No taxing authority
is asserting or has, to the Knowledge of Shoal Games, threatened to assert or
has any basis for asserting against Shoal Games or any other member of the Shoal
Games Group, any claim for additional taxes or interest thereon or penalty.
(x)    

Title to Assets.
(i)           

No
member of the Shoal Games Group owns any real property. Shoal Media (Canada)
Inc. has valid leasehold interests in the premises located at Units 101 and 302,
1715 Cook Street, Vancouver, British Columbia Canada, at which it conducts the
software development operations of the Shoal Games Group and a valid leasehold
interest in the premises located in The Valley, Anguilla, at which it conducts
is corporate operations (collectively, the "Shoal Games Premises Leases"). The
Shoal Games Premises Leasea are in full force and effect in accordance with
their terms and Shoal Media (Canada) Inc. and Shoal Games Ltd. are in good
standing thereunder.
(ii)         

Shoal Games and each of the other members of the Shoal Group has good and valid
title to, or a valid and enforceable leasehold interest in, as applicable, all
material personal property owned or leased by it, free and clear of any
Encumbrances, except as would not have a Material Adverse Effect with respect to
Shoal Games or any member of the Shoal Games Group.
(y)    

Material Contracts. 
In each case, except as would not be reasonably expected to have, individually
or in the aggregate, a Material Adverse Effect with respect to Shoal Games or
any member of the Shoal Games Group:
(i)           

Shoal Games Group has performed the obligations required to be performed by it
to date under its Material Contracts;
(ii)         

Shoal Games Group is not in breach of or default under any of its Material
Contracts;
(iii)        

each Material Contract of Shoal Games Group is a legal, valid and binding
obligation of Shoal Games Group, is in good standing in all material respects,
is in full force and effect, and is enforceable by Shoal Games Group in
accordance with its terms, except as such enforceability may be limited by: (i)
applicable bankruptcy, insolvency, reorganization or other Laws of general
application relating to or affecting the enforcement of creditors' rights
generally, and (ii) the discretion that a Court may exercise in the granting of
extraordinary remedies such as specific performance or injunction; and
(iv)       

Shoal Games Group has not received written, or to the Knowledge of Shoal Games,
other notice of, any alleged breach of or alleged default under or dispute in
connection with any Material Contract of Shoal Games Group or of any intention
of any party to any Material Contract of Shoal Games Group to cancel, rescind,
terminate or otherwise modify or not renew its relationship with Shoal Games
Group.
(z)    

Restrictions on Business Activities. 
There is no agreement, judgment, injunction, order or decree binding upon Shoal
Games or any of the Shoal Games Subsidiaries that has or would reasonably be
expected to have the effect of prohibiting, restricting or materially impairing
any business practice of Shoal Games or any of the Shoal Games Subsidiaries or
the conduct of business by Shoal Games or any of the Shoal Games Subsidiaries as
currently conducted .
(aa)  

Intellectual Property. 
In each case except as would not be reasonably expected to have, individually or
in the aggregate, a Material Adverse Effect with respect to Shoal Games or any
member of the Shoal Games Group:
(i)           

Shoal Games and each member of the Shoal Games Group owns or possesses, or has a
license to or otherwise has the right to use, all Intellectual Property which
are material and necessary for the conduct of its business as presently
conducted.  All such Intellectual Property owned by the members of the Shoal
Games Group is valid and enforceable except as such enforceability may be
limited by: (A) applicable bankruptcy, insolvency, reorganization or other Laws
of general application relating to or affecting the enforcement of creditors'
rights generally, and (B) discretion that a Court may exercise in the granting
of extraordinary remedies such as specific performance or injunction, and
(including through the use by Shoal Games Subsidiaries and any other licensee). 
To the knowledge of Shoal Games, no third party is infringing upon or diluting
such Intellectual Property owned by the Shoal Games Group in a manner that would
reasonably be expected to materially and adversely affect such material
Intellectual Property.
(ii)         

All registrations, if any, and filings (including applications) that Shoal Games
Group has considered necessary to preserve the rights of Shoal Games Group in
its material and necessary Intellectual Property have been made, are in good
standing and are not invalid.  Shoal Games Group has not received a
communication from a Governmental Entity indicating that an application for any
of the trademarks constituted in the Shoal Games Intellectual Property is
unregistrable due to another person's rights.  Shoal Games Group has no pending
action or proceeding, nor any threatened action or proceeding, against any
Person with respect to its Intellectual Property, and to the knowledge of Shoal
Games, there are no circumstances which cast doubt on the validity or
enforceability of the registered Intellectual Property owned or used by the
members of the Shoal Games Group.  To the Knowledge of Shoal Games, (A) Shoal
Games has not received a notice that the prior and continuing operation of any
of the businesses of the members of the Shoal Games Group interferes with,
infringe upon, misappropriate, or otherwise come into conflict with, any
material Intellectual Property of third parties, (B) there is no claim or demand
of any person pertaining to, or any proceeding which is pending or, to the
knowledge of Shoal Games, threatened, that challenges the rights of Shoal Games
Group in respect of any such Intellectual Property, or claims that any
activities of the business of Shoal Games Group infringes, violates, or
misappropriates any material Intellectual Property of any person, and (C) no
facts exist which would reasonably ground an infringement or passing off claim
against Shoal Games Group by any third party in relation to the business of
Shoal Games Group.
(bb)   Employees.
(i)           

Shoal Games has delivered to Kidoz a true, correct and complete list of all
employees of the Shoal Games Group, and includes each employee's name, position
and title, actual scope of employment (e.g., full or part-time or temporary),
salary and any other compensation and benefits payable, maintained or
contributed to. No member of the Shoal Games Group has made any promises or
commitments to any of its employees, whether in writing or not, with respect to
any future changes or additions to their compensation or benefits.
(ii)         

No
Key Employee of Shoal Games has informed Kidoz of his or her intention to
terminate employment with the member of the Shoal Games Group by which he or she
is employed.
(iii)        

All of the members of the Shoal Games Group have been and are in compliance in
all material respects with all Laws relating to employees and employment.
(cc)  

Insurance. 
Shoal Games Group maintains such insurance policies with recognized insurers as
are appropriate to its business(es), in such amounts and against such risks as
are customarily carried and insured against by prudent owners of comparable
business(es).  All such policies are in all material respects in full force and
effect in accordance with their terms.  Shoal Games Group has no reason to
believe that it will not be able to renew the existing insurance coverage of
Shoal Games and its Subsidiaries as and when such coverage expires or to obtain
similar coverage from similar insurers as may be necessary to continue its
business at a cost that would not have a Material Adverse Effect with respect to
Shoal GamesGroup.
(dd)  

Brokers. 
No broker, finder, financial advisor or investment banker is entitled to any
brokerage, finder's or other fee or commission in connection with the
transactions contemplated by this Agreement based upon arrangements made by or
on behalf of Shoal Games.
(ee)  

Non-Arm's Length Agreements. 
Except for Contracts made solely amongst the members of the Shoal Games Group or
as disclosed in the Shoal Games Filings, no member of the Shoal Games Group has
any Non-Arm's Length Agreement.
(ff)    

Foreign Corrupt Practices Act.
 No member of the Shoal Games Group and, to the best of Shoal Games' knowledge,
no director, officer, agent, employee, affiliate or other Person acting on
behalf of any member of the Shoal Games Group (i) is aware of or has taken any
action, directly or indirectly, that has resulted or would result in a violation
by any such Person of the CFPOA or the FCPA or similar legislation of any other
country in which any member of the Shoal Games Group carries on or has carried
on business, including any offer, payment, promise to pay or authorization of
the payment of any money, or other property, gift, promise to give, or
authorization of the giving of anything of value to any "foreign official" or
"foreign public official" (as such terms are defined in the FCPA and the CFPOA,
respectively) or any foreign political party or official thereof or any
candidate for foreign political office, in contravention of the FCPA and the
CFPOA, (ii) has made any bribe, rebate, payoff, influence payment, kickback or
other unlawful payment, and (iii) has used any corporate funds for any unlawful
contribution, gift, entertainment or other unlawful expense relating to
political activity.  Each member of the Shoal Games Group has conducted its
business in compliance with the CFPOA and the FCPA, as and to the extent
applicable, and has instituted and maintains and will continue to maintain
policies and procedures designed to ensure, and which are reasonably expected to
ensure, continued compliance with the CFPOA, the FCPA and the representations
and warranties contained herein.
(gg)   Money
Laundering Laws.  The operations of each member of the Shoal Games Group are
and have been conducted at all times in material compliance with applicable
financial recordkeeping and reporting requirements of the Money Laundering Laws
and no action, suit or proceeding by or before any Regulatory Authority
involving any member of the Shoal Games Group with respect to the Money
Laundering Laws is pending or, to the knowledge of Shoal Games, threatened.
(hh)  
OFAC. 
No member of the Shoal Games Group and, to the best of Shoal Games' knowledge,
no director, officer, agent, employee, affiliate or other Person acting on
behalf of any member of the Shoal Games Group is currently the subject or target
of any United States sanctions administered or enforced by OFAC and no member of
the Shoal Games Group has lent, contributed or otherwise made available,
directly or indirectly, any funds to any subsidiary, joint venture partner or
other Person or entity, for the purpose of financing the activities of any
Person which, to the knowledge of Shoal Games, is currently subject to any
United States sanctions administered by OFAC.
(ii)    
Concurrent Financing.  Shoal Games is entitled under the Concurrent
Financing to accept from time to time subscriptions for Shoal Games Shares made
thereunder and to conduct closings of the Concurrent Financing from to time at
which the purchases and sales of the shares in respect of which subscriptions
have been accepted are completed and such shares are issued; and after each such
closing thereof the purchases and sales of the applicable Shoal Games Shares
become unconditional and final and investors have no right to rescind their
purchases of the subject shares otherwise require or obtain return of the
purchase monies invested.
(jj)     Due
Diligence.  Kidoz has, prior to execution of this Agreement, by means of the
Kidoz Data Room and otherwise, provided Shoal Games and Shoal Games'
Representatives with access to all existing books, records, Tax Returns, work
papers and other documents and information relating to Kidoz and has provided
Shoal Games and Shoal Games' Representatives with such copies thereof and with
such additional financial, operating and other data and information regarding
Kidoz as Shoal Games has requested, and such access and materials have been
sufficient to enable Shoal Games to enter into this Agreement on a prudent
investment basis.
(kk)   Kidoz Securities Holders' Percentage of Shoal Games Shares. 
Immediately after the Share Exchange Time, the Kidoz Securities Holders will
hold 40% of the aggregate of: (a) those Shoal Games Shares that are then issued
and outstanding; and (b) 5,000,000 Shoal Games Shares then, without the
occurrence of any intervening events, to be issued to Wydler Global Equity Fund
(or its nominee holder) pursuant to the Concurrent Financing.