Bark Group, Inc.: Exhibit 10.1 - Filed by newsfilecorp.com






AGREEMENT 

THIS AGREEMENT dated for reference the 15th day of June,
2010 

BETWEEN: 

BARK GROUP INC., a Nevada
corporation

(the “Company”) 

OF THE FIRST PART 

AND: 

BARK CORPORATION A/S, a Danish
corporation, 

(“Bark Corporation”) 

OF THE SECOND PART 

AND: 

JESPER SVANE, 

(“Svane”) 

     OF THE THIRD PART 

AND: 

SVANECO LTD., 

(“Svaneco”) 

OF THE FOURTH PART 

WHEREAS: 

A.     
     Bark Corporation acquired a 51% interest in
Anaconda.tv GmbH, a television production company incorporated in Munich,
Germany (“Anaconda”) effective March 31, 2010 from Bark Holding Ltd.
(“Bark Holding”) in consideration of the issue of an aggregate of
14,000,000 shares of the common stock of the Company to Svane, as to 7,000,000
shares, and Rene Lauritsen, as to 7,000,000 shares. 

B.     
     Anaconda has failed to deliver to Bark
Corporation and the Company audited financial statements of Anaconda for the
year ended December 31, 2009 in the manner that Anaconda had represented that it
would deliver. 

C.     
     As audited financial statements of Anaconda
have not been delivered, Bark Corporation has determined to reduce its ownership
interest in Anaconda to a 25.5% interest by way of a sale of a 25.5% interest in
Anaconda to Svane. 

D.          
Svane has agreed to sell, transfer and surrender the 7,000,000 shares
of the Company issued to him as consideration of the sale to him of the 25.5%
interest in Anaconda. 




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NOW THEREFORE THIS AGREEMENT WITNESSES that in
consideration of the mutual covenants and agreements contained herein, and the
payment of $1.00 made by each party to the other, the receipt and sufficiency of
which is acknowledged by each party, the parties, intending to be legally bound,
covenant and agree as follows: 

1.       Definitions


	1.1 	
      The following terms will have the following meanings for
      the purposes of this Agreement:

	 	 
		
      “Anaconda” has the meaning provided in the
      recitals to this Agreement;

	 	 
		
      “Anaconda Interest” means a 25.5% interest in
      Anaconda, representing one-half of the interest in Anaconda acquired by
      Bark Corporation on March 31, 2010; and

	 	 
		
      “Svane Shares” means 7,000,000 shares of common
      stock of the Company issued to Svane in connection with the acquisition by
      a 51% interest in Anaconda.



2.       Purchase and
Sale of Anaconda Interest 

2.1    In consideration of the sale, transfer
and surrender of the Svane Shares in accordance with Section 3.1 of this
Agreement, Bark Corporation hereby agrees to sell, assign and transfer to Svane
the Anaconda Interest free and clear of all liens, charges, security interests
and encumbrances, which Anaconda Interest will be held subject to the option
provided for in Section 4.1 of this Agreement.

3.       Surrender of
Svane Shares 

3.1    In consideration for the transfer of the
Anaconda Interest by Bark Corporation to Svane, Svane hereby agrees to sell,
transfer and assign to Bark Corporation the Svane Shares free and clear of all
liens, charges, security interests and encumbrances. 

3.2    Svane represents and warranties that he
is the legal and beneficial owner of the Svane Shares free and clear of all
liens, charges, security interests and encumbrances and has full right, title
and authority to sell, transfer and surrender the Svane Shares in the manner
contemplated by this Agreement. 

3.3    In order to give effect to the transfer
of the Svane Shares in accordance with Section 3.1, Svane will forthwith upon
execution of this Agreement surrender the share certificate representing the
Svane Shares to Bark Corporation for cancellation, which share certificate will
be endorsed for transfer in the manner required by the transfer agent for the
Company such that the Svane Shares may be cancelled. 

3.4    To the extent that the Svane Shares are
registered in the name of Svaneco, Svaneco and Svane will execute all
instruments of transfer and other documentation as required to give effect to
this Agreement and cancellation of the Svane Shares. 

4.       Option 

4.1    Svane hereby grants to Bark Corporation
the option to re-acquire the Anaconda Interest in exchange for the issuance of
an additional 7,000,000 shares of the Company’s common stock, which option will
be exercisable on or before September 15, 2010 by delivery of notice of exercise
of the stock option by Bark Corporation to Svane. Within five business days of
the delivery of the notice of exercise of the stock option, Svane will sell,
assign and transfer the Anaconda Interest to Bark Corporation against delivery
by Bark Corporation to Svane of a share certificate for 7,000,000 shares of the
Company’s common stock. Svane acknowledges that the further 7,000,000 shares of
the Company’s common stock will be restricted securities under the United States
Securities Act of 1933, as amended (the “U.S. Securities Act”) and will
be issued pursuant to available exemptions from the registration requirements
under the U.S. Securities Act. Svane will execute and deliver
such customary documentation required to establish such exemptions as a
condition of receiving the shares. 




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5.       Miscellaneous


5.1    This Agreement will be governed by and
construed in accordance with the laws of the State of Nevada applicable to
contracts made and to be performed therein. 

5.2    The parties agree that the purchase and
sale of the Anaconda Interest and the surrender of the Svane Shares will be
effective June 15, 2010, notwithstanding that date that the corporate records of
Anaconda and the Company are updated to reflect the transfers. 

5.3    Each party hereto agrees to execute and
complete such transfers, assignments and surrenders of shares and otherwise take
such further actions as required to give effect to the above agreements. 

5.4    This Agreement may be executed in any
number of counterparts, in original form or by electronic facsimile, with the
same effect as if all parties to this Agreement had signed the same document and
all counterparts will be construed together and constitute one and the same
document. 

[REMAINER OF PAGE LEFT INTENTIONALLY BLANK.] 




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5.5    Each of Svane and Svaneco acknowledges having the opportunity and receiving the recommendation to obtain independent legal advice in connection with execution of this Agreement.

IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date and year first above written.

BARK GROUP INC. 

	Per: 	/s/ Bent Helvang 	 
	  	Authorized Signatory 	 
	 	 	 
	  	Bent Helvang - Secretary 	 
	 	Name and Title 	 


BARK CORPORATION A/S. 

	Per: 	/s/ Rene Lauritsen 	 
	  	Authorized Signatory 	 
	 	 	 
	  	Owner        Rene
      Lauritsen 	 
	  	Name and Title 	 


SVANECO LTD. 

	Per: 	/s/ Jesper Svane 	 
	  	Authorized Signatory 	 
	 	 	 
	  	Jesper Svane/Owner 	 
	 	Name and Title 	 


JESPER SVANE: 

	 	/s/ Jesper Svane 	 
	 	JESPER SVANE