Exhbit 10-1
 
FORM OF
 
PEEP QUITCLAIM DEED OF ASSIGNMENT

This Quitclaim Deed of Assignment (“Assignment”) made this ___ day of March,
2011, by _______________________, ____________________________________ both for
himself or itself, as the case may be, and on behalf of the entity sometimes
referred to as “Peep, Inc.” or “Peep” (“Assignor”).

Whereas ______________ owns or may own certain technology, know-how, trade
secrets and associated intellectual property for an audio/video chat application
on Facebook which allows easy peer-to-peer multicasting and allows users to
easily contact and chat with friends using voice, video and text (“the
Technology”); and

Whereas Venture Industries, Inc., a Nevada corporation, with offices at 415
Madison Avenue, 15th Floor, New York, NY 10017 (“Assignee”), desires to obtain
all rights, title, and interest in and to the Technology from Assignor.

Wherefore, for good and valuable consideration, the receipt and sufficiency of
which is acknowledged, Assignor confirms its desire to assign to and hereby
sells, transfers, and assigns to Assignee all rights, title, and interest in and
to the Technology, all protocols for the use of the Technology, all software
therefor, any developments and upgrades now owned or hereafter developed in the
Technology, including but not limited to all technical and business information,
trade secrets, copyrights, trademarks, including all common law rights and all
of the good will associated therewith (including but not limited to the
trademark/service mark “PEEP”), and patent rights, to all applications,
registrations, renewals and extensions thereof, to all other proprietary rights
in the Technology in the United States and all other countries in the world, and
to any and all claims and causes of action for past, present, and future
infringements of and violations of rights in the same as well as any proceeds
from the foregoing claims, and causes of action accrued and hereafter
accruing.  This Assignment also includes any rights that the Assignor may have
indirectly acquired in the Technology by ownership in the entity known as Peep,
Inc. or otherwise.

Assignor on behalf of itself, and its successors and assigns, agrees to execute
and have executed any and all other documents that may be required to effectuate
the purpose and intent of this Assignment.  Assignor hereby irrevocably appoints
Assignee as Assignor’s attorney-in-fact to take such actions and make, execute,
acknowledge, and deliver all such documents as may from time to time be
necessary to confirm the conveyance of all rights granted herein to Assignee,
its successors, and assigns.  Assignor warrants to Assignee, and its successors
and assigns, that Assignor has the full power and authority to make this
Assignment.

Assignor further agrees that it will not at any time, disclose or furnish to any
third party, nor use for its own account or for the benefit of any third party,
the Technology or any part thereof, unless and to the extent that the such
information is or becomes generally available on a non-confidential basis other
than as a result of disclosure by Assignor or its representatives or as required
by law.

In witness whereof,  ____________________, has executed this Assignment on the
day set forth above, both for himself or itself, as the case may be, and on
behalf of the entity sometimes referred to as “Peep, Inc.” or “Peep.”

[ Name of Company or Individual Assignor ]

By: _______________________________

STATE OF ____________________)
                       ) SS
COUNTY OF __________________)

On this ____ day of March, 2011, before me personally came the above-named
___________________, to me personally known as the individual who executed the
foregoing Assignment, and who acknowledged to me that he executed the same of
his own free will for the purposes therein set forth.
_____________________________
Notary

 
 

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