Document:

TECHNOLOGY
ASSIGNMENT AGREEMENT

 

This
TECHNOLOGY ASSIGNMENT AGREEMENT (“Agreement”)
is entered into effect as of December 10, 2015 (“Effective Date”),
by and among:

 

Sergey
Gurin, an individual with principal address
at 1063 Hillsboro Mile, Apt 505, Hillsboro Beach, FL 33062 (“Assignor”),
and

 

Helpful
Alliance Company, a corporation duly established
under the laws of the State of Florida, with its principal address at 700 W Hillsboro Blvd, Ste 1-100, Deerfield Beach, FL 33441,
(“Assignee”), and

 

RECITALS

 

WHEREAS,
the Assignor is in a lawful possession of a certain intellectual properties protected by U.S. Patent Application 62/222,424 Building
Block and Interlocking Construction Method, filled with U.S. Patent and Trademark Office on September 25, 2015 (the “Technology”);

 

WHEREAS,
the Assignor owns and controls the Technology and have full and unaffected right to offer, sell, transfer, and assign the Technology,
and to permanently license the rights for the Technology to the Assignee as described in this Agreement;

 

WHEREAS,
the Assignee desires to acquire full ownership of the Technology and accept obligations for licensing the Technology from the
Assignor as described in this Agreement;

 

WHEREAS,
for consideration of cash the Assignor agrees to permanently sell, transfer, and assign to the Assignee all rights for all tangible
and intangible assets and know-how related to the Technology; and

 

WHEREAS,
it is intended that the transactions contemplated by this Agreement will qualify as a tax- free transaction for U.S. federal income
tax purposes pursuant to Section 351 of the Code.

 

NOW,
THEREFORE, in consideration of mutual covenants and agreements set forth below, and for other good and valuable consideration,
the receipt and adequacy of which is hereby acknowledged, the Parties hereby agree as follows:

 

ARTICLE
1. DEFINITIONS

 

	1.1.	“Transferred
    Asset” means U.S. Patent
    Application 62/222,424 Building Block and Interlocking Construction Method, filled with U.S. Patent and Trademark Office on
    September 25, 2015 and all Patent Rights and Non-Patent Rights associated with it.
	 	 
	1.2.	“Copyrights”
    means: (a) all Copyrights in and to the Transferred Asset; (b) all renewals and extensions thereof; and (c) all rights with
    respect to: (a) any rights in original works of authorship fixed in any tangible medium of expression as set forth in 17 U.S.C.
    § 101 et. seq.; (b) all registrations for and applications
    to register the foregoing anywhere in the world; (c) all foreign counterparts and analogous rights anywhere in the world;
    and (d) all rights in and to any of the foregoing

 

    	 

    	 	 	 

    

 

	1.3.	“Assignor
    Group” means the named inventors, holders, and owners, of the Transferred Asset.
	 	 
	1.4.	“Assignee
    Group” means the Assignee and its subsidiaries and affiliates, as the context requires.
	 	 
	1.5.	“Intellectual
    Property” means all rights in the Transferred Asset, Copyrights, Patents, Mask Works, together with specialized knowledge,
    and all other proprietary rights relating to the Transferred Asset anywhere in the world.
	 	 
	1.6.	“Mask
    Work” means: (a) any mask work, registered or unregistered, as defined in 17 U.S.C. §901; (b) all registrations
    for and applications to register the foregoing anywhere in the world; (c) all foreign counterparts and analogous rights anywhere
    in the world (including, without limitation, semiconductor topography rights); and (d) all rights in and to any of the foregoing.
	 	 
	1.7.	“Patent
    Right” means: (a) patents and patent applications, worldwide, including all divisions, continuations, continuing prosecution
    applications, continuations in part, reissues, renewals, reexaminations, and extensions thereof and any counterparts worldwide
    claiming priority therefrom; utility models, design patents, patents of importation/confirmation, and certificates of invention
    and like statutory rights; and (b) all right in and to any of the foregoing, associated with the Transferred Asset.
	 	 
	1.8.	“Non-Patent
    Right” means all rights in Copyrights, Mask Works, know-how, specialized knowledge and all other intangible property
    anywhere in the world, and all registrations and applications relating to any of the foregoing and analogous rights thereto
    anywhere in the world, associated with the Transferred Asset.
	 	 
	1.9.	“Trademarks”
    means: (a) trademarks, service marks, logos, trade dress and trade names, and domain names indicating the source of goods
    or services, and other indicia of commercial source or origin (whether registered, common law, statutory or otherwise); (b)
    all registrations and applications to register the foregoing anywhere in the world; (c) all goodwill associated therewith;
    and (e) all rights in and to any of the foregoing.
	 	 
	1.10.	“Trade
    Secrets” means trade secrets and all other rights in or to confidential or technical information.

 

ARTICLE
2. ASSIGNMENT AND TRANSFER OF INTELLECTUAL PROPERTY

 

	2.1	Assignment.
    As of the Effective Date the Assignor hereby grants exclusively to the Assignee:

 

	 	(a)	All
    Patent Rights and Non-Patent Rights, title and interest in the Transferred Asset and in any component, aspect, element and
    part thereof, together with all rights in the Intellectual Property, Trademarks, Trade Secrets, and Mask Works, including,
    without limitation all tangible and intangible embodiments in any form, in the possession of the Assignor Group; and

 

    	 

    	 	 	 

    

 

	 	(b)	The
    right to exercise, exploit, assign, transfer, commercialize, develop, improve, and grant rights and licenses thereunder, and
    with respect to any of the Transferred Asset, and to protect the Assignee rights in the Transferred Assets and the Intellectual
    Property, sue and otherwise enforce, for any infringement occurring before or after the Effective Date as well as all statutory,
    contractual and other claims, demands, and causes of action for royalties, fees, or other income from, or infringement, misappropriation
    or violation of, any of the foregoing, and all of the proceeds from the foregoing that are accrued and unpaid as of, and/or
    accruing after, the Effective Date; and
	 	 	 
	 	(c)	The
    right to file, continue, discontinue, prosecute, abandon, maintain, cancel, let expire, apply for and obtain statutory rights
    and registrations with respect to the Transferred Asset and the Intellectual Property, including without limitation, any of
    the Intellectual Property: (i) conceived, developed or reduced to practice prior to the Effective Date by the Assignor Group
    or any of its members who worked on the Transferred Asset immediately prior to the Effective Date and who may choose to become
    employee and contractor of the Assignee after the Effective Date, in respect to the Assigned Technology, even if applicable
    employment agreement is not signed by such individuals (“Transferred
    Employees”4),
    and (ii) unless otherwise agreed by the parties, conceived, developed or reduced to practice solely by Transferred Employees
    after the Effective Date in the United States and anywhere else in the world. This right shall permit the Assignee to prosecute
    claims and file suits to take actions, such as filing litigation in either the name of the Assignor or in the name of the
    Assignee or both, and the Assignor agrees to cooperate in the participation of all litigation including but not limited to
    participation in discovery, hearings and/or trial.

 

	2.2	Assignment.
    On or after the Effective Date the Assignor hereby grants to the Assignee the right to automatically file with U.S.PTO, without
    participation of the Assignor, the Assignment Notice attached to this Agreement as Exhibit 1, promptly after satisfaction
    of conditions of Sections 2.3 and 2.4.
	 	 
	2.3	Compensation.
    The Assignee shall pay to the Assignor in immediately available cash the amount of Two Hundred ($200) U.S. Dollars (’’Assignment
    Fee”) on or before December
    20, 2015.
	 	 
	2.4	Transfer.
    Promptly within 90 days after the Effective Date, the Assignor will provide to the Assignee all of the patents and the Mask
    Works (“Transfer”).
    Such Transfer shall include providing to the Assignee descriptions reflecting any and all of the specialized knowledge related
    to the Transferred Asset, copies of any and all patent applications and documents representing embodiments of the Transferred
    Asset, and further provide the Assignee with reasonable access to Assignor facilities to facilitate future development of
    products based on the Transferred Asset. The Assignor further agrees to provide to the Assignee any explanation and assistance,
    as the Assignee from time to time may request, to assure the full and complete understanding of the Technology, including,
    but not limited to the opportunity to review any and all formulas, inventions, invention disclosures, discoveries, ideas,
    data, processes, drawings, designs, etc.

 

    	 

    	 	 	 

    

 

	2.5	Exclusivity.
    The Assignor hereby sells the Transferred
    Asset exclusively to the Assignee. The Assignor agrees not to offer the Transferred Asset, or any part of the Transferred
    Asset, to any party other than the Assignee, whatsoever. Any and all actions by the Assignor to be made after the Effective
    Date in connection with the Transferred Asset shall be made exclusively in the name of the Assignee and with the Assignee’s
    immediate participation.
	 	 
	2.6	Mandatory
    Laws. If and to the extent that, as a
    matter of law in any jurisdiction, an ownership of, or any of the rights or interest in the Transferred Asset cannot be licensed
    and assigned as provided in Section 2.1 above, (i) the Assignor irrevocably agrees to assign and transfer, and hereby grants
    to the Assignee all rights (including, without limitation, all economic and commercialization rights) that can be assigned
    pursuant to Section 2.1 to the fullest extent permissible, and (ii) the Assignor irrevocably agrees to grant, and hereby grants,
    the Assignee an unlimited, exclusive, assignable, transferable, sublicenseable, worldwide, perpetual, royalty-bearing license
    to use, exploit and commercialize in any manner now known or in the future discovered and for whatever purpose, any rights
    to the Transferred Asset that cannot be licensed and assigned as contemplated by Section 2.1 and Section 2.2.
	 	 
	2.7	Protection
    of Transferred Asset. In the event that
    the validity of the Transferred Asset and/or any Patent is challenged on any point upon which the Assignor has or can procure
    and provide information or advice which may assist in meeting and defeating or reducing the effect of such challenge, the
    Assignor agrees to procure and supply such information and/or advice to the Assignee without delay. The Assignor further agrees
    to cooperate with the Assignee in the participation of all litigation proceedings related to the Transferred Asset, including
    but not limited to participation in discovery, hearings and/or trial. The Assignee shall bear all out-of-pocket expenses properly
    and reasonably incurred in pursuance of this provision. The Assignor shall bear no expense. At the request and cost of the
    Assignee, the Assignor shall assist with any current and future patent application invented by the Assignor and related to
    the Transferred Asset, and shall execute all such documents and do all such acts as may be necessary or proper to obtain the
    acceptance of such patent applications in the name of the Assignee. The Assignor acknowledges that the Transferred Asset constitutes
    and comprises certain confidential information, that after the Effective Date becomes of the legitimate business interest
    of the Assignee, and agrees that any use or disclosure of such confidential information by the Assignor beyond that expressly
    authorized in this Agreement is prohibited.

 

ARTICLE
3. REPRESENTATIONS OR WARRANTIES OF THE PARTIES

 

	3.1.	Assignee
    Representations. Assignee acknowledges and agrees that:

 

	 	a.	The
    Assignor makes no representations and no warranties, express or implied, as to the condition, quality, merchantability, validity,
    enforceability or fitness of the Transferred Asset and/or any assigned Intellectual Property;
	 	 	 
	 	b.	The Transferred
    Asset and all such assigned Intellectual Property will be transferred on an “as is,” “where is” basis;
    and
	 	 	 
	 	c.	The Assignee and
    its affiliates will bear the economic and legal risks that any conveyance will prove to be insufficient to vest in it or them
    good and marketable title, free and clear of any security interest, pledge, lien, charge, claim or other encumbrance of any
    nature whatsoever.

 

    	 

    	 	 	 

    

 

	3.2.	Assignor
    Representations. Assignor acknowledges and agrees that

 

	 	a.	The
    Assignor is entering into this Agreement freely and without coercion; and
	 	 	 
	 	b.	No license, immunity,
    ownership interest, or other right for the Transferred Asset is or will be granted by the Assignor to any party other than
    the Assignee, presently or hereafter, either directly or indirectly or by estoppels, or otherwise.
	 	 	 
	 	c.	At the request and
    cost of the Assignee, the Assignor will assist with any current and future patent application invented by the Assignor and
    related to the Transferred Asset (the ’’Application”),
    and will execute all such documents and do all such acts as may be necessary or proper to obtain the acceptance of the Application
    and for procuring a patent pursuant to the Application. In the event that the validity of the Transferred Asset and/or the
    Patent thereof is challenged on any point, the Assignor will assist in meeting and defeating or reducing the effect of such
    challenge.
	 	 	 
	 	d.	The Assignor acknowledges
    that the Transferred Asset constitutes and comprises certain confidential information that after the Effective Date becomes
    the sole and exclusive property of the Assignee, and agrees that any use or disclosure of such confidential information by
    the Assignor beyond that expressly authorized in this Agreement is prohibited.
	 	 	 
	 	e.	The Assignor expressly
    acknowledges and agrees that (i) all of its rights to use the Transferred Asset are transferred forth to the Assignee, (ii)
    nothing herein shall be construed to convey any rights to the Assignor in keeping any rights for the Transferred Asset and
    the Intellectual Property of the Assignee Group (including, without limitation, any improvements or enhancements of the Transferred
    Asset made by the Assignor Group or the Assignee Group), which in their entirety are made, developed, conceived, or otherwise
    created without contribution by the Assignor; and (iii) the Assignor hereby approves the transfer and assignment of the Transferred
    Asset to the Assignee.
	 	 	 
	 	f.	In the event of
    any infringement or misappropriation or claimed infringement of third party rights in respect of any of the Transferred Asset,
    the Assignee will, at its sole discretion, have the right to determine an appropriate course of action to enforce or defend
    the Transferred Asset or otherwise abate the infringement or misappropriation thereof, to take (or refrain from taking) appropriate
    action to enforce or defend the Transferred Asset and, in the event that the Assignee elects to take action, to control any
    litigation or other enforcement action, to enter into or permit the settlement of any such litigation or any other enforcement
    action with respect to such Transferred Asset, and to recover and retain any monetary damages, settlement, royalties or other
    recovery arising from such litigation or other enforcement action. The Assignor will use reasonable efforts to assist the
    Assignee in any litigation and/or enforcement actions under this Agreement (iv) that Assignor has undertaken its own due diligence
    with regards to the Assignee and has retained all professional and independent advice necessary to properly evaluate this
    transaction and has not relied on any oral or written representations by the Assignee and has conducted a full investigation
    about the Assignee, its officers, directors and shareholders and has made an independent decision to enter into this transaction
    and has not relied upon any statements made by Assignee in deciding to do this transaction.

 

    	 

    	 	 	 

    

 

ARTICLE
4. MISCELLANEOUS

 

	4.1	Further
    Assurances.

 

	 	a.	The
    parties hereto will each perform such acts, execute and deliver such information, instruments and documents, and do all such
    other things as may be reasonably necessary to accomplish the transactions contemplated in this Agreement, including, without
    limitation, providing or executing any affidavits, providing any testimony, and/or rendering any other assistance, as is necessary
    or useful for the Assignee to secure and perfect sole and exclusive ownership of, and obtain registrations in the name of
    solely the Assignee, for the Transferred Asset and/or any part thereof. In furtherance of the foregoing, the Assignor will
    execute Patent Assignments substantially in the form of Exhibit 1 to evidence, record and perfect the transfer of the Transferred
    Asset. The Assignor will not be obligated to incur any out-of-pocket costs, expenses and fees in connection with its obligations
    under this Section 4.1, including, without limitation, any attorneys’ fees, recording, assignment or other similar fees.
	 	 	 
	 	b.	If and to the extent
    requested by the Assignee, the Assignor will cause, and hereby authorizes, the patent office, trademark office, copyright
    office, and similar or comparable agency, office, register, or registrar in any country or jurisdiction to record the Assignee
    as the sole and exclusive owner of any application, copyright, patent and/or registration covering the Transferred Asset,
    and to issue any patent, copyright, registration, certificate, document or process in such country or jurisdiction, or issue
    process, presently pending or existing in the future, for any such application, copyright, patent and/or registration in the
    name and for the benefit of the Assignee only.
	 	 	 
	 	c.	The Parties acknowledge
    that the Assignor will inadvertently retain the Intellectual Property that should have been transferred to the Assignee, and
    the Assignee is entitled to inadvertently acquire such Intellectual Property that should have been transferred. Each of the
    Parties agrees to conduct such transfer in good faith, which may include rescission of certain assignments and transfers made
    hereunder.

 

	4.2.	Export
    Control.
    The Assignee hereby acknowledges that the Transferred Asset may become subject to export controls under the laws and regulations
    of the United States, including the Export Administration Regulations, 15 C.F.R. Parts 730-774. In the purchase, resale and
    exploitation of any or all Transferred Asset, the Assignee will comply strictly with all such United States export controls,
    and, without limiting the generality of this Section 4.2, the Assignee will export, re-export, transfer or divert any of the
    Transferred Asset, and technical data pertaining to such Transferred Asset, or any direct product thereof to any destination,
    end-use or end-user that is prohibited or restricted under such United States export control laws and regulations, except
    as specifically authorized by the United States Department of Commerce.

 

    	 

    	 	 	 

    

 

	4.3.	Governing
    Law. The internal laws of the State of
    Florida (without reference to its principles of conflicts of law) govern the construction, interpretation and other matters
    arising out of or in connection with this Agreement and, and each of the addenda and schedules hereto and thereto (whether
    arising in contract, tort, equity or otherwise). The parties further consent to jurisdiction being solely in the Federal Court
    system of the Southern District of Florida and that each party waives service of process in this cause and that proof of the
    serving of any legal papers, including litigation may be made by proof of overnight express delivery by a nationally recognized
    overnight delivery service, such as Federal Express, to the address below written:

 

If
to Assignor: Helpful Manufacturing Inc PO Box 8606, Deerfield Beach, FL 33441

 

If
to Assignee: Helpful Technologies Inc, PO Box 8606, Deerfield Beach, FL 33441

 

	4.4.	Severability.
    If any provision of this Agreement is determined to be invalid, illegal or unenforceable, the remaining provisions of this
    Agreement remain in full force, if the essential terms and conditions of this Agreement for each party remain valid, binding
    and enforceable.
	 	 
	4.5.	Entire
    Agreement. This Agreement and each of
    the addenda appended hereto, constitutes the final agreement by and among the parties with respect to the subject matter contained
    herein, and is the complete and exclusive statement of the parties’ agreement on the matters contained herein. All prior and
    contemporaneous negotiations and agreements by and among the parties with respect to the matters contained herein are superseded
    by this Agreement. As of the Effective Date, this Agreement supersedes and replaces in its entirety all prior agreements,
    oral and written, between the parties prior to the Effective Date.
	 	 
	4.6.	Counterparts.
    The Parties may execute this Agreement in multiple counterparts, each of which constitutes an original as against the party
    that signed it, and all of which together constitute one agreement. The signatures of all parties need not appear on the same
    counterpart. The delivery of signed counterparts by facsimile or email transmission that includes a copy of the sending party’s
    signature is as effective as signing and delivering the counterpart in person.
	 	 
	4.7.	Amendments.
    No change to this Agreement will be valid unless it is in writing and signed by authorized representatives of the parties.
    The expression “variation” will include any amendment, modification, variation, supplement, deletion or replacement
    however affected.
	 	 
	4.8.	Expenses.
    Except as otherwise provided in this Agreement, any of the other Ancillary Agreements or any other agreement between the parties
    contemplated hereby, all costs, fees and expenses of either party in connection with the transactions contemplated by this
    Agreement will be paid by the party that incurs such costs and expenses.
	 	 
	4.9.	Indemnification.
    The Parties hereby indemnify and hold each other harmless against any and all losses arising out of or in relation to this
    Agreement, including, without limitation any cooperation of the Parties on subject matter hereof.

 

    	 

    	 	 	 

    

 

IN
WITNESS WHEREOF, each of the parties has
caused this Amended and Restated Intellectual Property Assignment Agreement to be executed on its behalf by a duly authorized
effective as of the date first set forth above.

 

	Assignee	 	Assignor
	 	 	 
	/s/ Sergey Gurin	 	/s/ Maxim Temnikov
	 	 	 
	/n/
    Sergey Gurin	 	/n/
    Maxim Temnikov
	 	 	 
	/t/
    Individual	 	/t/
    President and CEOSIMPLE
LOAN AGREEMENT

 

This
Simple Loan Agreement (this “Agreement”’) dated as of September 1, 2014 (the “Effective Date”) is made
into effect by HELPFUL TECHNOLOGIES INC., a Florida Corporation with registered address at 700 W Hillsboro Blvd., Suite 1-100,
Deerfield Beach, FL 33441 (“Borrower”) and HELPFUL ALLIANCE COMPANY INC., a Florida Corporation with registered address
at 700 W Hillsboro Blvd., Suite 1-100, Deerfield Beach, FL 33441 (together with its successors and assigns, the “Lender”),
collectively herein referred to as the “Parties”.

 

WHEREAS,
the Borrower wishes to borrow from the Lender, and the Lender wishes to lend to the Borrower, an amount of Three Hundred Fifty
Thousand ($350,000) U.S. Dollars (the “Loan”)

 

WHEREAS,
the Parties wish to set forth their understanding with respect to the Loan in this Agreement.

 

NOW
THEREFORE, the Parties agree as follows:

 

1.
Principal Loan Amount. The principal amount of the loan is Three Hundred Fifty Thousand U.S. Dollars (the “Principal
Amount”).

 

2.
Delivery of the Funds by the Lender. The Lender will deliver the Loan to the Borrower by the Effective Date of this
Agreement (the “Loan Date”).

 

3.
Term. Maturity Date. The Principal Amount shall be due and payable to the Lender on or before December 31, 2015
(the “Maturity Date”).

 

4.
Prepayment. The Borrower shall have the right to prepay the entire Principal Amount or any portion thereof prior
to the Maturity Date (the “Prepayment”). There shall be no penalty for the Prepayment of the Loan.

 

5.
Interest. The Lender provides the Loan to the Borrower at the interest rate of Five percent (5.0%) per year, which
shall start on the Loan Date, accrue quarterly, and will be payable on the Maturity Date.

 

6.
Collateral. Reserved.

 

7.
Attorney’s Fees. If the Principle Amount is not paid in full when due, the Borrower hereby agrees to pay to the
Lender, in addition to such amount owed to pursuant to this Agreement, all costs and expenses of collection, including a reasonable
amount of attorney’s fees.

 

    	 	 	Page 1 of 2

    	 	 	 

    

 

8.
Course of Dealing. No course of dealing between the Borrower and the Lender shall operate as a waiver of any of
the Lender’s rights for the Loan. No delay or omission on the part of the Lender, in exercising any right according to the Loan,
shall operate as a waiver of such right. No amendment or waiver hereof shall be binding unless it is in writing and signed by
the Lender.

 

9.
Governing Law. This Agreement shall be governed by and construed in accordance with the internal laws of Broward
County of the State of Florida without regard to its conflicts of laws principles.

 

10.
Counterparts. This Agreement may be executed in one or more counterparts each of which shall be deemed an original,
but all of which shall together constitute one and the same instrument. Signatures may be transmitted by facsimile.

 

11.
Assignability and Modification. This Agreement and the rights, interests and obligations hereunder are not transferable
or assignable by any Party. This Agreement shall not be modified or waived except by an instrument in writing signed by the party
against whom any such modification or waiver is sought.

 

IN
WITNESS WHEREOF, the Parties have executed and delivered this Agreement as of the date set forth above.

 

	Lender:
    Helpful Alliance Company	 	Borrower:
    Helpful Technologies
	 	 	 
	/s/
    Sergey Gurin	 	/s/
    Mark Baehr
	 	 	 
	/n/
    Sergey Gurin	 	/n/
    Mark Baehr
	 	 	 
	/t/
    President	 	/t/
    CEO 

 

    	 	 	Page 2 of 2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00253-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00253-of-00352.parquet"}]]