Document:

ex107.htm

AMENDMENT TO TECHNOLOGY LICENSING

AND MARKETING AGREEMENT BETWEEN

 SEPARATION DEGREES – ONE, INC. AND ECO SCIENCE SOLUTIONS, INC.

This Amendment, dated June 1, 2016, is relative to a Technology Licensing and Marketing Agreement (“Agreement”) entered into by and between Separation Degrees – One, Inc. (SDOI) and Eco Science Solutions, Inc. (ESSI) and dated January 1, 2016, and a subsequent Addendum 1 (“Addendum”) to that Agreement.

This Amendment is entered into in so far as the stated terms of “Section 2. Compensation”, and with regard to both the Agreement and the Addendum 1.

Section 2. Compensation stated as follows:

In the Agreement:

In addition to any defined and mutually agreed upon development and licensing fees paid to SDOI by ESSI, SDOI and ESSI shall pursue revenue sharing opportunities from all revenues generated from the BUSINESS. SDOI and ESSI shall split NET PROFITS (NET PROFITS is defined as Gross Profits less Cost of Acquisition on any media spend by either party) that are generated from any and all opportunities developed from the BUSINESS. Revenue sharing percentages from the BUSINESS shall be established in each subsequent addendum hereafter.

SDOI will be issued Series A Preferred Stock initially equal to the current total authorized common shares outstanding of 650,000,000. Additionally, if ESSI were to increase it authorized shares outstanding, the Series A Preferred Stock issued to SDOI would be adjusted within 2 business days to equal the new amount of common stock authorized. ESSI is prohibited to create any new class of Preferred or Common Stock without written consent of SDOI.

In the Addendum:

The issuance and DWAC of $35,000 worth of S-8 shares in ESSI Common Stock (issued at a 30% discount to the market VWAP on the date of payment due (the 1st of every month), or a share price of $0.01 whichever is greater), to SDOI for ongoing project planned technical development/maintenance, production and staging server administration, ongoing marketing services and monthly advertising management.   DWAC distribution is to occur on or before the 1st business day of each calendar month for services provided by SDOI.

The issuance of 500,000 shares in Common Stock, with Piggy Back Registration Rights for the acquisition of SDOI’s discrete communications software platform, including custom developed libraries name “Communications Platform Asset Purchase Agreement, Dated January 4, 2016. DWAC distribution is to occur on or before the March 1, 2016. Both parties agree that SDOI has the right to request that the shares owed to them be delivered in increments less than the total amount of 500,000.

This Amendment ELIMINATES the following terms of Section 2. Compensation in the Agreement:

SDOI will be issued Series A Preferred Stock initially equal to the current total authorized common shares outstanding of 650,000,000. Additionally, if ESSI were to increase its authorized shares outstanding, the Series A Preferred Stock issued to SDOI would be adjusted within 2 business days to equal the new amount of common stock authorized. ESSI is prohibited to create any new class of Preferred or Common Stock without written consent of SDOI.

And provides for the ADDITION of the following terms to Section 2. Compensation of the Agreement and to the Addendum 1 as follows:

Invoices for advertising services will be billed separately from the $35,000 standard monthly fee and will have the same terms as the monthly fee; i.e., the amount invoiced will be paid via the issuance of S-8 shares of ESSI Common Stock (issued at a 30% discount to the market VWAP on the date of payment due (the 1st of every month), or a share price of $0.01, whichever is greater), to SDOI for ongoing advertising services.  DWAC distribution is to occur on or before the 1st business day of each calendar month for services provided by SDOI.

  

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There will be no preferred shares issued to SDOI under the Agreement, the Addendum 1, or this Amendment for services rendered by SDOI to ESSI.

ALL OTHER TERMS AND CONDITIONS OF THE AGREEMENT DATED JANUARY 1, 2016, AND OF THE ADDENDUM 1, REMAIN THE SAME.

The undersigned, by signing below, acknowledges that they have read, understood and agree to the terms of this Amendment, dated this 1st day of June 2016.

SEPARATION DEGREES – ONE, INC.

/s/Gannon Giguiere

_________________________________

By: Gannon Giguiere, President

ECO SCIENCE SOLUTIONS, INC.

/s/Jeffery Taylor

________________________________

By:  Jeffery Taylor, President

  

2EX-10.1

 Exhibit 10.1 

AMENDMENT TO CONTINGENT RESIDUAL SUPPORT AGREEMENT 

This Amendment to Contingent Residual Support Agreement (the “Amendment”) is among ENERGY TRANSFER PARTNERS, L.P., a Delaware
limited partnership (“ETP”), AMERIGAS FINANCE LLC, a Delaware limited liability company (“Finance Company”), AMERIGAS FINANCE CORP., a Delaware corporation (“Finance Corp”), AMERIGAS PARTNERS, L.P.,
a Delaware limited partnership (“AmeriGas”) and, UGI CORPORATION, a Pennsylvania corporation (“UGI”). Finance Company, Finance Corp and AmeriGas may hereinafter be referred to collectively as the “AmeriGas
Parties”. ETP, the AmeriGas Parties and UGI may hereinafter be referred to collectively as the “Parties.” 

WHEREAS, pursuant to that certain indenture dated January 12, 2012 (the “Indenture”), Finance Company and Finance Corp issued
$1.55 billion of senior notes comprised of two tranches consisting of $550 million that mature on May 20, 2020 (the “6.75% Notes”) and $1 billion that mature on May 20, 2022 (the “7.00% Notes”). The 6.75% Notes and
the 7.00% Notes are referred to collectively as the “Senior Notes”; 
 WHEREAS, the Parties entered into that certain
Contingent Residual Support Agreement, dated as of January 12, 2012 (the “Agreement”), relating to the contingent residual support (the “Support”) that ETP agreed to provide to Finance Company in furtherance of
Finance Company’s loan to AmeriGas of $1.5 billion (the “Initial Supported Debt”) and setting forth, among other things, terms and conditions under which the Initial Supported Debt and the Senior Notes maybe refinanced; 

WHEREAS, the AmeriGas Parties now desire to purchase all of the outstanding 6.75% Notes either (i) as a result of a tender offer for cash (the
“Tender Offer”)or (b) through a call (redemption) made pursuant to the terms of the Indenture (the “Call”); and 

WHEREAS, the AmeriGas Parties intend to fund the Tender Offer and Call by using a portion of the proceeds from the issuance by AmeriGas and
Finance Corp of a new series of senior notes (“New Notes”); and 
 WHEREAS, in connection with the issuance of the New
Notes, the Parties wish to terminate ETP’s Support with respect to the 6.75% Notes, and release the Parties from their respective obligations under the Agreement. 

NOW THEREFORE, in consideration of the foregoing, and for other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the Parties hereto, intending to be legally bound hereby, agree as follows: 
 Section 1. Termination. The
Parties hereby agree to terminate the respective obligations of the Parties under the Agreement relating to those 6.75% Notes that are properly tendered in the Tender Offer and the respective obligations of the Parties under the Agreement relating
to those 6.75% Notes that Finance Company and Finance Corp properly redeem pursuant to the Call. 

  
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 Section 2. Notices of Completion of Tender Offer and Call. Promptly following the
completion of each of the Tender Offer and any Call, the AmeriGas Parties agree to advise ETP of the amount by which the Support is decreased, such amount to be equivalent to the principal amount of the 6.75% Notes.. 

Section 3. New Notes Shall Not be Subject to the Agreement. Each of the Parties hereby acknowledges and agrees that the New Notes
shall not be deemed Refinancing Senior Notes under the Agreement and that the respective obligations of the Parties under the Agreement with respect to the 6.75% Notes shall not apply to the New Notes. 

Section 4. Agreement to Remain in Full Force and Effect. Except as hereby expressly provided, the Agreement, as amended by this
Amendment, is in all respects ratified and confirmed, and all of its terms, provisions and conditions shall be and remain in full force and effect as applied to the 7.00% Notes. For the avoidance of doubt, the Parties agree that no payment is
due to ETP under Section 6 of the Agreement in connection with this Amendment or the Tender Offer or Call of the 6.75% Notes. 
 Section
5. Counterparts. This Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together
shall constitute one and the same agreement; signature pages may be detached from multiple separate counterparts and attached to a single counterpart so that all signatures are physically attached to the same counterpart. Delivery of an
executed signature page by facsimile or electronic transmission shall be as effective as delivery of a manually executed counterpart. 

Section 6. Section Headings. Section headings appearing herein are included solely for convenience of reference and are not
intended to affect the interpretation of any provision of this Amendment. 
 Section 7. Governing Law. This Amendment shall be
governed by, and construed in accordance with, the laws of the State of New York without regard for the conflicts of laws provisions thereunder. 

[signature page follows] 

  
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 IN WITNESS WHEREOF, the Parties hereto have caused this Amendment to be duly executed and
effective as of the day and year last written below. 
  

			
	ENERGY TRANSFER PARTNERS, L.P.
	
	By: Energy Transfer Partners GP, L.P., its general partner
	
	By: Energy Transfer Partners, L.L.C., its general partner
		
	By:	 	 /s/ Thomas E. Long

	Name:	 	Thomas E. Long
	Title:	 	Chief Financial Officer
	Date:	 	 June 15, 2016

	
	AMERIGAS FINANCE LLC
	
	By: AmeriGas Partners, L.P., its sole member
	
	      By: AmeriGas Propane, Inc., its general partner
		
	By:	 	 /s/ Hugh J. Gallagher

	Name:	 	Hugh J. Gallagher
	Title:	 	Vice President – Finance and Chief Financial Officer
	Date:	 	 June 20, 2016

	
	AMERIGAS FINANCE CORP.
		
	By:	 	 /s/ Hugh J. Gallagher

	Name:	 	Hugh J. Gallagher
	Title:	 	Vice President – Finance and Chief Financial Officer
	Date:	 	 June 20, 2016

	
	AMERIGAS PARTNERS, L.P.
	
	By: AmeriGas Propane, Inc., its general partner
		
	By:	 	 /s/ Hugh J. Gallagher

	Name:	 	Hugh J. Gallagher
	Title:	 	Vice President – Finance and Chief Financial Officer
	Date:	 	 June 20, 2016

 [Signatures continue on next page] 

  
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	ACKNOWLEDGED AND AGREED TO BY:
	
	UGI CORPORATION
		
	By:	 	 /s/ John L. Walsh

	Name:	 	 John L. Walsh 

	Title:	 	 President and Chief Executive Officer

	Date:	 	 June 20, 2016

  
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