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






AGREEMENT

THIS AGREEMENT dated for reference the 25th.
day of august, 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: 
	 	 	 
	 	Rene Lauritsen 	 
	 	 	 
	 	(“RENE”) 	 
	 	 	 
	OF THE THIRD PART 
	 	 	 
	AND: 
	 	 	 
	 	Sapiens Alliance Ltd 	 
	 	 	 
	 	(“Sapiens”) 	 
	 	 	 
	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 January 22, 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 0% interest by way of a sale of a the remaining ownership of 25.5%
interest in Anaconda to Rene.

D. Rene 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

“RENE Shares” means 7,000,000
shares of common stock of the Company issued to RENE 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
RENE Shares in accordance with Section 3.1 of this Agreement, Bark Corporation
hereby agrees to sell, assign and transfer to RENE 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 RENE Shares

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

3.2 RENE represents and warranties that he is the legal and
beneficial owner of the RENE 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 RENE Shares in the manner contemplated by this
Agreement.

3.3 In order to give effect to the transfer of the RENE Shares
in accordance with Section 3.1, RENE will forthwith upon execution of this
Agreement surrender the share certificate representing the RENE 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 RENE Shares may be cancelled.

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

4. Miscellaneous

4.1 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.

4.2 The parties agree that the purchase and sale of the
Anaconda Interest and the surrender of the RENE Shares will be effective August
25, 2010, notwithstanding that date that the corporate records of Anaconda and
the Company are updated to reflect the transfers.

4.3 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.




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4.4 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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4.5 Each of the Principal Shareholders 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/ Bent
Helvang

       Authorized
Signatory

SAPIENS ALLIANCE LTD.

Per: /s/ Rene
Lauritsen

        
Authorized Signatory

      
Rene
Lauritsen/Owner

       Name and Title

Rene
Lauritsen:

       /s/ Rene
Lauritsen