Global Consumer Acquisition Corp. promises to pay to the order of Global Consumer Acquisition LLC or its registered assigns or successors in interest (the “Payee”), or order, the principal sum of up to one million five hundred thousand Dollars ($1,500,000.00) in lawful money of the United States of America, on the terms and conditions described below. All payments on this Note shall be made by check or wire transfer of immediately available funds or as otherwise determined by the Maker to such account as the Payee may from time to time designate by written notice in accordance with the provisions of this Note.

Principal. The principal balance of this Note shall be payable by the Maker on the earlier of: (i) the date on which Maker consummates a business combination with target businesses, or (ii) the date the Maker liquidates if a business combination is not consummated (the “Maturity Date”). Under no circumstances shall any individual, including but not limited to any officer, director, employee or shareholder of the Maker, be obligated personally for any obligations or liabilities of the Maker hereunder. Interest.

Maker agrees to pay interest on the unpaid principal amount outstanding in accordance with the terms and conditions herein. The unpaid principal amount outstanding will bear simple interest at the rate of 8% (eight percent) per annum. Interest shall accrue daily in arrears and shall be calculated on the basis of actual days elapsed and a 365 (three hundred and sixty-five)-day year.

All accrued and unpaid interest on the Note shall be due and payable on the Maturity Date. Conversion. On the Maturity Date, Maker shall pay the Payee in cash in an amount equal to the outstanding principal amount of Note plus accrued but unpaid interest on the original principal amount; provided, however, that upon the written election of the Payee in its sole discretion, the Maker shall convert the outstanding principal balance, plus accrued but unpaid interest outstanding under the Note into private placement units (“Private Units”, each a “Private Unit”) at a conversion price equal to $10 per unit, with each Private Unit consisting of one share of the Maker's common stock and one half of one redeemable warrant entitling the holder thereof to purchase one share of the Maker's common stock at a price of $11.50 per share. Drawdown Requests.

The principal of this Note may be drawn down from time to time prior to the Maturity Date (each, a “Drawdown Request”). Each Drawdown Request must state the amount to be drawn down, and must not be an amount less than fifty thousand Dollars ($50,000.00) unless agreed upon by Maker and Payee. Payee shall fund each Drawdown Request no later than three (3) business days after receipt of a Drawdown Request; provided, however, that the maximum amount of drawdowns collectively under this Note is one million five hundred thousand Dollars ($1,500,000.00).

Once an amount is drawn down under this Note, it shall not be available for future Drawdown Requests even if prepaid. No fees, payments or other amounts shall be due to Payee in connection with, or as a result of, any Drawdown Request by Maker. Notwithstanding the foregoing, all payments shall be applied first to payment in full of any costs incurred in the collection of any sum due under this Note, including (without limitation) reasonable attorneys' fees, and then to the reduction of the unpaid principal balance of this Note.

Application of Payments. All payments shall be applied first to payment in full of any costs incurred in the collection of any sum due under this Note, including (without limitation) reasonable attorney's fees, then to the payment in full of any late charges and finally to the reduction of the unpaid principal balance of this Note.