Exhibit
10.22


 


BILL
OF SALE 


 


This
Bill of Sale (this “Bill of Sale”) is made and entered into on October 28, 2016 by and between The Glimpse Group Inc., a
THE GLIMPSE GROUP, INC., a Nevada corporation (the “Buyer”), PresentAR and LocateAR, both Nevada limited liability companies
and direct and wholly owned subsidiaries of Buyer (together and separately a “Designated Subsidiary”), and Liron Lerman (the
“Seller”). All defined terms not specifically defined herein shall have the meanings given to them in the Acquisition Agreement
(as hereafter defined).


 


Recitals


 


A.
This Bill of Sale is being executed and delivered in connection with that certain Master Acquisition Agreement, dated as of October 28,
2016, by and between THE GLIMPSE GROUP, INC., a Nevada corporation (the “Buyer”), Seller and Designated Subsidiary as attached
hereto as Exhibit A (the “Acquisition Agreement”).


 


B.
Seller desires to sell, assign and transfer to the Designated Subsidiary, and Designated Subsidiary desires to purchase and acquire from
the Seller, all of the Seller’s right, title and interest in and to all of the Assigned Assets (as defined in the Acquisition Agreement),
on the terms and subject to the conditions set forth in this Bill of Sale and in the Acquisition Agreement.


 


Agreement


 


In
consideration of the mutual representations, warranties, covenants and agreements set forth in this Bill of Sale, and for other good
and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:


 


1.
Bill of Sale and Assignment of Assigned Assets. Seller does hereby sell, assign, transfer,
convey and deliver to Designated Subsidiary, all right, title and interest, legal and equitable, to the Assigned Assets to have and to
hold all of such Assigned Assets, without limitation, for its own use forever, in exchange for the payments to Seller of the amounts
as set forth in the Acquisition Agreement.


 


2.
Title. Seller does hereby vest in Designated Subsidiary title to such Assigned Assets subject to no mortgage, lien, claim, pledge,
security interest, conditional sales agreement, right of first refusal, option, restriction, liability, encumbrance or charge, subject
to the terms and conditions of the Acquisition Agreement.


 


3.
Warranty of Title. Seller does hereby agree to warrant and defend title to the Assigned Assets against all persons and to indemnify,
defend and hold Designated Subsidiary harmless from any breach of warranty, all pursuant to the terms and conditions set forth in the
Acquisition Agreement. 


 


4.
Miscellaneous Provisions.


 


a)
Further Assurances. Seller hereby agrees, at its own expense, to perform all such further acts and execute and deliver all such
further agreements, instruments and other documents as required by the Acquisition Agreement to evidence more effectively the conveyance,
assignment, transfer and sale made by Seller under this Bill of Sale.


 


b)
Notices. All notices or other communications or deliveries provided for hereunder shall be given in accordance with the notice
provisions set forth in the Acquisition Agreement.


 




    	 



     


    

 


c)
Successors in Interest. This Bill of Sale and all of the provisions hereof shall be binding upon, and inure to the benefit of
the successors and assigns of the parties hereto as permitted pursuant to the Acquisition Agreement.


 


d)
Governing Law; Jurisdiction. This Bill of Sale shall be governed by and construed and interpreted in accordance with the substantive
laws of the State of New York, irrespective of the choice of law rules of any jurisdiction. Any dispute shall be brought before the state
and federal courts located in New York City, New York, and each party waives any objection which such party may now or hereafter have
to the laying of the venue of any such action, suit or proceeding, and irrevocably submits to the jurisdiction of any such court in any
such action, suit or proceeding.


 


e)
The Acquisition Agreement. This Bill of Sale is executed and delivered in connection with the Acquisition Agreement. Notwithstanding
anything herein to the contrary, nothing herein shall in any way vary the promises, agreements, representations and warranties of any
of the parties to, and set forth in, the Acquisition Agreement, all of which shall survive the Closing (as defined in the Acquisition
Agreement) and not be merged herewith or therewith. The rights or claims of Designated Subsidiary against Seller or Seller against Designated
Subsidiary hereunder shall not be greater than the rights or claims of Designated Subsidiary against the Seller or of the Seller against
Designated Subsidiary, respectively, under the Acquisition Agreement and any claims hereunder shall be governed by the limitations and
procedures set forth in the Acquisition Agreement. In the event of a conflict of any term, condition or provision between this Bill of
Sale and the Acquisition Agreement, the terms, conditions and provisions of the Acquisition Agreement shall prevail and supersede this
Bill of Sale.


 


f)
Counterparts, Facsimiles. This Bill of Sale may be executed in two or more counterparts, each and all of which shall be deemed
an original and all of which together shall constitute but one and the same instrument. The execution and delivery of this Bill of Sale
may be perfected by the exchange of executed signature pages via facsimile or Adobe Portable Document Format followed by delivery of
the original executed signature pages via overnight mail carrier thereafter.


 


[Signatures
appear on following page.]


 




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IN
WITNESS WHEREOF, Seller and Designated Subsidiary have caused this Bill of Sale to be executed as of the date specified above.


 


	 	DESIGNATED
    SUBSIDIARY:
	 	 
	 	LocateAR
	 	 	 
	 	By:
    	 /s/ Lyron
    Bentovim 
	 	Name:	Lyron
    Bentovim
	 	Title:
    	President
	 	 	 
	 	THE
    GLIMPSE GROUP, INC.
	 	Attn.:
    Chief Executive Officer
	 	800
    Third Avenue, Suite 1701 
	 	New
    York, NY 10022
	 	Email:
    lyron@theglimpsegroup.com 
	 	 	 
	 	DESIGNATED
    SUBSIDIARY:
	 	 
	 	PresentAR
	 	 	 
	 	By:
    	 /s/ Lyron
    Bentovim 
	 	Name:	Lyron
    Bentovim
	 	Title:
    	President
	 	 	 
	 	THE
    GLIMPSE GROUP, INC.
	 	Attn.:
    Chief Executive Officer
	 	800
    Third Avenue, Suite 1701 
	 	New
    York, NY 10022
	 	Email:
    lyron@theglimpsegroup.com 
	 	 
	 	SELLER:
	 	 
	 	By:
    	 /s/ Liron
    Lerman                                    
	 	Name:	Liron
    Lerman
	 	 	 
	 	Address
    for Notices:
	 	Liron
    Lerman
	 	1050
    George Street, Apt 15J
	 	New
    Brunswick, NJ, 08901
	 	Email:
    liron@lerman.me


 


STATE
OF __________________


COUNTY
OF ________________


 


The
foregoing instrument was acknowledged before me this 28th day of October 28, 2016, by __________________________________. He is ___ personally
known to me, or X has produced a current ________________________ Driver’s License, or ____________________________________ as
identification.


 


____________________________________


 


NOTARY
PUBLIC - STATE OF _____________


 


My
Commission Expires:________________


 




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Exhibit
A


 


Acquisition
Agreement


 


(Attached)