Document:

Exhibit 10.6

 

ASSIGNMENT
AGREEMENT

 

This
Assignment Agreement (the “Agreement”), dated as of June 30, 2017, is being entered into among Black Forest Capital
LLC (the “Assignor”) and SkyBridge Ventures LLC (the “Assignee”).

 

WHEREAS,
on February 8, 2017, Nightfood Holdings Inc., a Nevada corporation (the (“Company”) issued to Assignor a note in the
principal amount of $32,500 (the “February Note”);

 

WHEREAS,
on March 23, 2017, the Company issued to Assignor a note in the principal amount of $87,500 (the “March Note” and
together with the February Note, the “Notes”);

 

WHEREAS,
the Assignor desires to sell, assign, convey, and transfer to the Assignee and the Assignee desires to purchase from the Assignor
the Notes on the terms set forth in this Agreement;

 

NOW,
THEREFORE, IN CONSIDERATION of the mutual covenants contained in this Agreement, and for other good and valuable consideration,
the receipt and adequacy ofwhich are hereby acknowledged, the parties agree as follows:

 

ARTICLE
I

PURCHASE
AND SALE

 

1.1       The
Closing. Subject to the terms and conditions set forth in this Agreement, the Assignor shall sell, assign, convey, and transfer
to the Assignee the Notes, for purchase price of $90,000 (the “Purchase Price”). The closing of the purchase and sale
of the Notes (the “Closing”) shall take place at the offices of Grushko & Mittman, P.C. The date of the Closing
is hereinafter referred to as the “Closing Date.”

 

1.2       At
the Closing, the parties shall deliver or shall cause to be delivered the following to the other parties:

 

(A)       Assignor
shall deliver a reissued notes in the form annexed hereto as Exhibit A and all wire transfer information showing payment or consideration
given by the Assignor to the Company for the Notes; and

 

(B)       Assignee
shall deliver the Purchase Price via wire transfer.

 

ARTICLE
II

REPRESENTATIONS
AND WARRANTIES

 

2.1       Representations
and Warranties of the Assignor. The Assignor hereby makes the following representations and warranties:

 

(A)       Authorization:
Enforcement. The Assignor has the requisite power and authority to enter into and to consummate the transactions contemplated
by this transaction and otherwise to carry out its obligations thereunder. The execution and delivery of each of the documents
by the Assignor and the consummation by him of the transactions contemplated hereby have been duly authorized. Each of the documents
contemplated by this transaction has been duly executed by the Assignor and, when delivered in accordance with the terms hereof,
will constitute the valid and binding obligation of the Assignor enforceable against the Assignor in accordance with its terms.

 

    	 	1	 

     

    

 

(B)       Ownership.
The Assignor owns and is selling, assigning, conveying and transferring to the Assignee all of his right, title and interest to
the Notes, free and clear of all liens, mortgages, pledges, security interests, encumbrances or charges of any kind or description
and upon consummation of the transaction contemplated herein good title in the Notes shall vest in Assignee, free of all liens
and other charges.

 

(C)       No
Consents, Approvals, Violations or Breaches. Neither the execution and delivery of this Agreement by the Assignor, nor the
consummation by the Assignor of the transactions contemplated hereby, will (i) require any consent, approval, authorization or
permit of, or filing, registration or qualification with or prior notification to, any governmental or regulatory authority under
any law of the United States, any state or any political subdivision thereof applicable to the Assignor, (ii) violate any statute,
law, ordinance, rule or regulation of the United States, any state or any political subdivision thereof, or any judgment, order,
writ, decree or injunction applicable to the Assignor or any of the Assignor’s properties or assets, the violation of which
would have a material adverse effect upon the Assignor, or (iii) violate, conflict with, or result in a breach of any provisions
of, or constitute a default (or any event which, with or without due notice or lapse of time, or both, would constitute a default)
under, or result in the termination of, or accelerate the performance required by, any of the terms, conditions or provisions
of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which the
Assignor is a party or by which the Assignor or any of the Assignor’s properties or assets may be bound which would have
a material adverse effect upon the Assignor except for the consent of the Company which is being given by the Company in Section
2.3(A) of this Agreement.

 

(D)       Assignor
Status. The Assignor is not now and has not been for the previous three (3) months an affiliate or control person of the Company.

 

2.2       Representations
and Warranties of the Assignee. Assignee represents and warrants as follows:

 

(A)       Due
Diligence. Assignee acknowledges that upon execution of this Agreement, it has completed its own investigation and undertaken
any and all due diligence it requires in order to satisfy itself to enter into this Agreement and perform its obligations hereunder.

 

(B)       No
Consents, Approvals, Violations or Breaches. Neither the execution and delivery of this Agreement by Assignee, nor the consummation
by Assignee of the transactions contemplated hereby, will (i) require any consent, approval, authorization or permit of, or filing,
registration or qualification with or prior notification to, any governmental or regulatory authority under any law of the United
States, any state or any political subdivision thereof or any other jurisdiction applicable to Assignee, (ii) violate any statute,
law, ordinance, rule or regulation of the United States any state or any political subdivision thereof or any other jurisdiction
applicable to Assignee, or any judgment, order, writ, decree or injunction applicable to Assignee or any of its properties or
assets, the violation of which would have a material adverse effect upon Assignee, or (iii) violate, conflict with, or result
in a breach of any provisions of, or constitute a default (or any event which, with or without due notice or lapse of time or
both would constitute a default) under, or result in the termination of, or accelerate the performance required by, any of the
terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument
or obligation to which Assignee is a party or by which Assignee or any of its properties or assets may be bound which would have
a material adverse effect upon Assignee.

 

    	 	2	 

     

    

 

(C)       Assignee
(i) is an “accredited investor,” as that term is defined in Regulation D under the Securities Act of 1933, as amended
(the “Securities Act”); (ii) has such knowledge, skill and experience in business and financial matters, based
on actual participation, that Assignee is capable of evaluating the merits and risks of an investment in the Company and the suitability
thereof as an investment for Assignee; (iii) has received such documents and information as it has requested and has had an opportunity
to ask questions of representatives of the Assignor concerning the terms and conditions of the investment proposed herein, and
such questions were answered to the satisfaction of Assignee; (iv) is in a financial position to hold its portion of the Notes
for an indefinite time and is able to bear the economic risk and withstand a complete loss of its investment in the Company; and
(v) has not made an overall commitment to investments which are not readily marketable which is disproportionate so as to cause
such overall commitment to become excessive.

 

(D)       Assignee
understands that the Notes have not been registered under applicable state or federal securities laws, and is purchasing the Notes
pursuant to an exemption from the registration requirements of the Securities Act.

 

(E)       Assignee
hereby agrees that the Company may insert the following or similar legend on the face of the reissued notes, if required in compliance
with the Securities Act or state securities laws:

 

“These
securities have not been registered under the Securities Act of 1933, as amended (“Act”), or any state securities
laws and may not be sold or otherwise transferred or disposed of except pursuant to an effective registration statement under
the Act and any applicable state securities laws, or an opinion of counsel satisfactory to counsel to the Company that an exemption
from registration under the act and any applicable state securities laws is available.”

 

ARTICLE
III

GENERAL
MATTERS

 

3.1.       
Notices. All notices, demands, requests, consents, approvals, and other communications required or permitted hereunder
shall be in writing and, unless otherwise specified herein, shall be (i) personally served, (ii) deposited in the mail, registered
or certified, return receipt requested, postage prepaid, (iii) delivered by reputable air courier service with charges prepaid,
or (iv) transmitted by hand delivery, telegram, or facsimile, addressed as set forth below or to such other address as such party
shall have specified most recently by written notice. Any notice or other communication required or permitted to be given hereunder
shall be deemed effective (a) upon hand delivery or delivery by facsimile, with accurate confirmation generated by the transmitting
facsimile machine, at the address or number designated below (if delivered on a business day during normal business hours where
such notice is to be received), or the first business day following such delivery (if delivered other than on a business day during
normal business hours where such notice is to be received) or (b) on the second business day following the date of mailing by
express courier service, fully prepaid, addressed to such address, or upon actual receipt of such mailing, whichever shall first
occur. The addresses for such communications shall be:

 

	(a)       If
                                         to the Assignor, to:

         

         
	Black
                                         Forest Capital, LLC

        81
        Prospect St.

        Brooklyn,
        NY 11201

        e-mail:
        Contact@BlackForest.Capital

 

    	 	3	 

     

    

 

	(b)       If
    to the Assignee, to:	 
	 	 
	 	SkyBridge
                                         Ventures LLC

        2081
        Homecrest Avenue

        Brooklyn,
        NY 11229

         

	 	with
                                         a copy to (that shall not constitute notice):

        

         

        Grushko
        & Mittman, P.C.

        515
        Rockaway Avenue

        Valley
        Stream, New York 11581

        Fax:
        (212) 697-3575

 

or
to such other address as any of them shall give to the others by notice made pursuant to this Section 3.1.

 

3.2.       Assignment:
Binding Agreement. Neither this Agreement nor any right or obligation hereunder shall be assignable by any party without the
prior written consent of the other parties hereto. This Agreement shall inure to the benefit of and be binding upon the parties
hereto and their respective legal representatives, successors and assigns.

 

3.3.       Invalidity.
In the event that any one or more of the provisions contained herein, or the application thereof in any circumstance, is held
invalid, illegal, or unenforceable in any respect for any reason, the validity, legality and enforceability of any such provision
in every other respect and of the remaining provisions contained herein shall not be in any way impaired thereby, it being intended
that all of the rights and privileges of the parties hereto shall be enforceable to the fullest extent permitted by law.

 

3.4.       Counterparts/Execution. This Agreement may be executed in any number of counterparts and by different signatories hereto
on separate counterparts, each of which, when so executed, shall be deemed an original, but all such counterparts shall constitute
but one and the same instrument. This Agreement may be executed by facsimile transmission and delivered by facsimile transmission.

 

3.5.       Agreement.
Each of the undersigned states that he or it has read the foregoing Agreement and understands and agrees to it.

 

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3.6.       Governing
Law. All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed
by and construed and enforced in accordance with the internal laws of the State of New York, without regard to the principles
of conflicts of law thereof. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts
sitting in New York County, New York, for the adjudication of any dispute hereunder or in connection herewith or with any transaction
contemplated hereby or discussed herein, and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding,
any claim that it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is improper.
Nothing contained herein shall be deemed to limit in any way any right to serve process in any manner permitted by law. Each party
irrevocably waives, to the fullest extent permitted by applicable law, any and all right to trial by jury in any legal proceeding
arising out of or relating to this Agreement or the transactions contemplated hereby. If any party shall commence an action or
proceeding to enforce any provisions of the documents contemplated herein, then the prevailing party in such action or proceeding
shall be reimbursed by the party determined not to have prevailed for his or its attorney’s fees and other costs and expenses
incurred with the investigation, preparation and prosecution of such action or proceeding.

 

3.7.       Survival.
The representations, warranties, agreements and covenants contained herein shall survive the Closing.

 

3.8.       No
Waiver. The waiver by any party of the breach of any of the terms and conditions of, or any right under, this Agreement shall
not be deemed to constitute the waiver of any other breach of the same or any other term or condition or of any similar right.
No such waiver shall be binding or effective unless expressed in writing and signed by the party giving such waiver.

 

3.9.       Construction.
The article and section headings contained in this Agreement are inserted for reference purposes only and shall not affect the
meaning or interpretation of this Agreement.

 

3.10.     Further Assurances. Each party will execute and deliver such further agreements, documents and instruments and take such
further action as may be reasonably requested by any other party to carry out the provisions and purposes of this Agreement.

 

3.11.     Non-Affiliation. None of the equity holders of the Assignor own any equity interest in the Assignee.

 

3.12.
   Failure to Deliver Purchase Price. If the Assignee has not delivered the Purchase Price to the Assignor on or before July
11, 2017, then the Assignor, in Assignor’s sole discretion, may terminate this Agreement in its entirety and the Agreement
shall have no further force or effect.

 

[REST
OF THIS PAGE LEFT INTENTIONALLY BLANK]

 

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IN
WITNESS WHEREOF, the parties hereto have caused this Assignment Agreement to be duly executed by their respective authorized signatories
as of the date first indicated above.

 

	 	ASSIGNEE
	 	 	 
	SkyBridge
    Ventures LLC	 
	 		 
	/s/
    Charles Gabriel Berkowitz	 
	By:	Charles Gabriel
    Berkowitz	 
	Its:	Managing
    Director	 
	 	 	 
	 	ASSIGNOR
	 	 	 
	Black
    Forest Capital, LLC	 
	 	 
	/s/
    Max Riccio	 
	By:	Max Riccio	 
	Its:	Managing
    Director	 

 

 

6Exhibit 10.2

 

 

June 19, 2017

Mr. Jason S. Weissman

Boston Realty Advisors

745 Boylston Street

Boston, MA

 

	
RE:
    	
Woodland Park   Apartments @ Riverside
    
	
 
    	
Newton, MA (the   “Property”)
    

 

Dear Mr. Weissman: 

 

We have reviewed your offering memorandum and toured the Property.  We have completed our due diligence and are prepared to acquire the Property with the following terms:

 

	
Purchase Price:
    	
$45,500,000
    
	
Financing Contingency:
    	
None
    
	
Due diligence period:
    	
None
    
	
Financial Review:
    	
None
    
	
Physical Inspection :
    	
None
    
	
Contingency:
    	
None
    
	
P&S Agreement:
    	
None
    
	
Closing:
    	
The closing shall take   place as set forth in Section 2.
    
	
Purchaser:
    	
New England Realty   Associates, Harold Brown on behalf of the General Partner, or its wholly   controlled designated nominee.
    
	
Deposit
    	
$600,000 upon full   execution of offer.
    
	
At Risk Funds:
    	
Deposit is at-risk and   non-refundable, subject only to resolution of the Injunction described in   Section 2, and delivery of title to the Property in its otherwise   current condition at Closing.
    
	
Escrow:
    	
All deposit money shall   be held by Commonwealth Land Title Insurance Company in Boston, MA. Attn:   Phil Tanner, Esq.
    
	
Termination:
    	
In the event that   Seller cannot resolve the Injunction (as defined below) using good faith   efforts in accordance with Section 2 below within 60 days of the date   hereof (the “Termination Period”), Seller or Purchaser can terminate this   offer upon written notice to the other party upon which the Deposit shall be returned   to Purchaser (the “Termination Option”). If Seller does not exercise the   Termination Option during the initial Termination Period, the Termination   Period shall automatically be extended for successive additional 30 day   periods, provided, however that Purchaser shall deliver an additional   $100,000 deposit on or before the commencement of each successive 30 day   extension period. Failure to provide such additional deposit monies shall be   a termination of this Offer. In the event that Seller cannot resolve the   Injunction in accordance with Section 2 before the end of the   Termination Period, as it may be extended, Seller or Purchaser can terminate   this offer upon written notice to the other party and all deposit money shall   be returned to Purchaser and all obligations hereunder shall be null and   void.
    

 

PHONE #: 617-783-0039             39 Brighton Avenue, Boston, MA  02134                   FAX #: 617-783-0568

 

 

New England Realty Associates is a publically traded company controlled by Harold Brown.  We need to provide audited financials for an 8 k filing after our acquisition. As such, we will need access to the actual financial statements on/or after the closing for our own auditors to be able to provide adequate disclosure.  Our closing on this transaction is not dependent upon their findings, however, we will need cooperation during that period.

 

Sincerely,

 

 

Carl A. Valeri

President & COO

 

Upon acceptance of the offer, Seller and Purchaser agree as follows:

 

1)            The Property shall be in substantially the same condition on the Closing Date as it is on the date of this Offer but otherwise the Property is being sold in its “as-is” condition.

 

2)           The parties agree to execute and deliver commercially reasonable conveyance and authority documents at Closing which shall include a deed signed by seller, an assignment of leases and rents signed by both parties, a bill of sale signed by seller, and a trustee’s certificate signed by the Seller.  Purchaser hereby agrees that as of the date hereof, Purchaser has reviewed the title to the Property and  agrees that the current title is good, clear and marketable, except for the pending Injunction (as defined below).

 

The Closing shall occur upon the earlier of: (1) July 6, 2017, so long as no interlocutory appeal is filed on or before June 30, 2017, which is the expiration of the appeal period regarding the denial of the application for preliminary injunction (the “Injunction”) in Jeanne Maurer, Plaintiff v. Michael F. Iodice, Trustee of M.J. Realty Trust II, Chatham Investment Trust of Newton, and Chatham Investment Trust of Newton II, Defendant, Superior Court Department of the Trial Court, Civil Action Number 1781CV00991; or (2) in the event of an interlocutory appeal of the denial of the Injunction is filed, then the closing would occur on the first business day after the final order of the appellate court dismissing the interlocutory appeal, or affirming the denial of that application.

 

The above shall not modify nor alter the extension periods as provided in the Termination Section on page 1 of this Agreement, which Section remains in full force and effect.

 

In any event, regardless of any interlocutory appeal of the denial of the Injunction, the issuance of a commitment for an Owner’s title insurance policy by a national title insurance company, with no exception for the appeal, or with an exception for the appeal and affirmative coverage over the appeal, including defense costs, shall be deemed to satisfy the title requirements of this agreement, and the Closing would occur on the first business day after issuance of such commitment.

 

 

3)            The parties agree to adjust costs and prorations at Closing as follows:

 

A.  Purchaser Costs.  Purchaser shall pay the following: (i) the fees and disbursements of its counsel, inspecting architect and engineer, if any; (ii) any escrow fees; (iii) any sales or use taxes relating to the transfer of any personal property to Purchaser; (iv) the cost of the issuance of any policy of title insurance issued in connection with this transaction; (v) the cost of any update to the copy of the survey provided by Seller to Purchaser; (vi) any recording fees relating to the deed to be delivered by Seller hereunder and Purchaser’s other closing documents and Purchaser’s lender’s documents; and (vii) any other expense(s) incurred by Purchaser or its representative(s) in closing this transaction.

 

B.  Seller Costs.  Seller shall pay the following costs of closing this transaction: (i) the fees and disbursements of its counsel; (ii) the cost of any deed excise stamp taxes; (iii) any recording fees relating to the documents to be recorded by Seller in order to clear title in the manner described by this Offer; and (iv) the broker’s fee to the extent any such fee is payable pursuant to the separate agreement.

 

C.  Adjustments.

 

(i)  Collected rents and any other amounts paid by tenants applicable to the month in which the Closing occurs, or which have been prepaid by tenants at the Property.

 

(ii)  Purchaser shall receive a credit against the Purchase Price for any cash security and other deposits paid by tenants.

 

(iii)  Operating expenses (excluding management fees and insurance) shall be adjusted as of the Closing Date.  There will be no prorations for payroll or debt service.

 

(iv)  Real estate taxes, personal property taxes, special assessments (and installments thereof) and other governmental taxes and charges relating to the Property shall be adjusted as of the Closing Date.

 

(v)  Utilities paid by Seller, including electricity, water and gas, shall be read on or as close as possible before the Closing Date and paid by Seller at or prior to Closing.

 

(vi)  If any of the aforesaid prorations cannot be calculated accurately as of the Closing Date, then they shall be adjusted/estimated in accordance with standard conveyancing practice and accurately calculated as soon after the Closing Date as feasible.  All prorations shall be made on a 365-day calendar year basis, using actual number of days in the month.

 

4)            In the event that Seller fails to perform its obligations at Closing, Buyer has the right to terminate this offer and the Deposit shall be returned to the Buyer, or Buyer may seek specific performance of the transactions contemplated by this Offer.

 

5)            Seller and Buyer warrant that they have not worked with any brokers on this transaction other than Boston Realty Advisors (the “Broker”).  Upon the closing of this transaction, the recording of the deed and the payment of the full purchase price, the Seller will be responsible for paying a brokerage fee to the Broker pursuant to a separate agreement.

 

 

6)            From the date of the execution of this Offer through the Closing Date the Seller will remove the Property from the market and will not have, or enter into, any discussions or negotiations with any party other than the Buyer in connection with the sale of the Property, and will not enter into, or entertain, any backup offers for the sale of the Property.

 

7)            This offer will be held in strict confidence and not shared with any third parties including other buyers, developers, investors or brokers.

 

Acknowledged and agreed to by Seller and Buyer below:

 

SELLER:

 

M.J. Realty Trust II

 

	
By:
    	
 
    	
 
    
	
Name: 
    	
Michael Iodice, as   Trustee and Not Individually
    	
 
    
	
Date:
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
BUYER:
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
By:
    	
 
    	
 
    
	
Name:
    	
 
    	
 
    
	
Title:
    	
 
    	
 
    
	
Date:

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