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






AGREEMENT

THIS AGREEMENT dated for reference the 6th day of May
2010

	BETWEEN: 
		BARK GROUP INC., a Nevada
      corporation  	 
		(the “Company”)  	 
	OF THE FIRST PART 
	AND: 
		SAPEINS ALLIANCE
    LTD.,  	 
		(“Sapiens Alliance”)  	 
	OF THE SECOND PART 
	AND: 
		RENE LAURITSEN,  	 
		(“Lauritsen”)  	 
	OF THE THIRD PART 
	AND: 
		SVANECO LTD.  	 
		(“Svaneco”)  	 
	OF THE FOURTH PART 
	AND: 
		JESPER SVANE,  	 
		(“Svane”)  	 
	OF THE FIFTH PART 
	WHEREAS: 


A. Sapiens Alliance Ltd. is a private company controlled by
Lauritsen.

B. Svaneco is a private company controlled by Svane.

C. Sapiens Alliance, Lauritsen, Svaneco and Svane (together,
the “Principal Shareholders”) are together the beneficial holders of
shares of more than 80,000,000 shares of the Company’s common stock.




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D. The Principal Shareholders have agreed to provide to the
Company the right to direct that the Principal Shareholders sell an aggregate of
80,000,000 shares of the Company’s common stock held by the Principal
Shareholders during a term commencing on the date of this Agreement and ending
on 31 December 2010 in order to facilitate future acquisitions that may be
completed by the Company.

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:

“Exchange Act” means the United
States Securities Exchange Act of 1934, as amended;

“Lauritsen Shares” means
40,000,000 shares of common stock of the Company beneficially owned by Sapiens
Alliance and Lauritsen, as such beneficial ownership is disclosed in the Form
10-K annual report of the Company filed under the Exchange Act;

“Svane Shares” means 40,000,000
shares of common stock of the Company beneficially owned by Svaneco and Svane,
as such beneficial ownership is disclosed in the Form 10-K annual report of the
Company filed under the Exchange Act

“Principal Shareholder Shares”
means the Lauritsen Shares and the Svane Shares, together;

“Purchase Price” means US$0.025
per Principal Shareholder Share to be sold pursuant to any Sales Notice;

“Purchaser” means a purchaser of
Principal Shareholder Shares named in a Sales Notice;

“Sales Notice” has the meaning
prescribed in Section 2.2 of this Agreement;

“Term” means the term of this
Agreement commencing on the date of this Agreement and expiring on 31 December
2010.

2.          
 Right to Direct Share Sale

2.1          
During the Term, the Company will have the right by delivery of a Sale
Notice to the Principal Shareholders to cause the Principal Shareholders to sell
all or a portion of the Principal Shareholder Shares to a Purchaser or
Purchasers named by the Company at and for the payment of the Purchase
Price.

2.2          
The Company will exercise its rights under Section 2.1 by delivery to
the Principal Shareholders of a notice (a “Sales Notice”), which Sales
Notice will specify:

(a) the name of the Purchaser or names
of the Purchasers, as applicable;

(b) the number of Principal Shareholder
Shares to be purchased by each Purchaser; and

(c) the closing date for the purchase
and sale of the Principal Shareholder Shares, which date will be not less than
three business days and not later than thirty calendar days from the date that
the Sales Notice is delivered.

2.3          
Upon delivery of a Sales Notice, the Principal Shareholders will sell,
assign and transfer to the Purchasers the Principal Shareholder Shares in
accordance with the Sales Notice upon receipt of payment of the Purchase Price
for the Principal Shareholder Shares.




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3.           
Voting during Term

3.1          
During the Term, the Principal Shareholders will vote the Principal
Shareholder Shares in favour of all matters proposed in any proxy circular
delivered to the shareholders of the Company in accordance with its obligations
under Section 14(a) of the United States Securities Exchange Act of 1934, as
amended.

4.            
Representations and Warranties of Principal Shareholders

4.1          
Each of the Principal Shareholders represents and warranties that it is
the legal and beneficial owner of the Principal Shareholder Shares held by them
and has full right, title and authority to sell the Principal Shareholder Shares
in the manner contemplated by this Agreement.

4.2          
Each of the Principal Shareholders represents and warranties that the share
purchase agreements referenced in the Form 8-K current report of the Company
dated April 23, 2010 have been terminated and no Principal Shareholder Shares
were transferred thereunder.

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          
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.

[Remainder of Page Left Intentionally Blank]




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5.3          
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

SAPIENS ALLIANCE LTD.

Per: /s/ Rene
Lauritsen
        ________________________________
        Authorized
Signatory

        Owner
Rene
Lauritsen
        ________________________________
        
Name and Title

RENE LAURITSEN:

        /s/ Rene
Lauritsen
        ________________________________
        RENE
LAURITSEN

SVANECO LTD.

Per: /s/ Jesper
Svane
        ________________________________
        Authorized
Signatory

        Jesper
Svane/Owner
        ________________________________
        
Name and Title

JESPER SVANE:

        /s/ Jesper
Svane
        ________________________________
        JESPER
SVANE