Document:

Exhibit 10.2

 

AMENDMENT NUMBER ONE

TO

DISTRIBUTION AGREEMENT

BETWEEN

FREECAST, INC. AND TELEBRANDS CORP.

 

THIS
AMENDMENT NUMBER ONE TO DISTRIBUTON AGREEMENT is entered into as of June 13, 2014 by and between FREECAST, INC.,
a Florida corporation (the “Company”), and TELEBRANDS CORP., a New Jersey corporation (“Telebrands”).

 

RECITAL:

 

The
Company and Telebrands entered into a Distribution Agreement dated October 15, 2012 (the “Distribution Agreement”)
and have agreed to amend certain provisions of the Distribution Agreement as is set forth in this Amendment Number One to
Distribution Agreement (the “Amendment”).

 

NOW
THEREFORE, in consideration of the covenants and agreements herein contained, the parties agree as follows:

 

1.           Capitalized
terms used in this Amendment and not otherwise defined shall have the respective meanings set forth in the Distribution Agreement.

 

2.           The
following Recital E is added to the Recitals section of the Distribution Agreement as follows:

 

“E.          Each
of the parties desires that the Company market, promote, sell and distribute the Licensed Software via the internet (“Access
to Online Services”) in accordance with the provisions of this Agreement.”

 

3.           The
definition of “Device” set forth in Article I of the Distribution is deleted in its entirety and the following is inserted
in its place:

 

““Device”
means (i) a single retail-ready package containing one copy of the Licensed Software in object code format stored on a USB device,
packaging and/or other items as may be mutually determined by the Company and Telebrands or (ii) a single retail-ready package
containing one copy of the Licensed Software in object code format stored on a card, a cable or similar peripheral device, packaging
and/or other items as may be mutually determined by the Company and Telebrands.”

 

    	 

    	 

    

 

4.           The
definition of “Net Sales” set forth in Article I of the Distribution Agreement is deleted in its entirety and the
following is inserted in its place:

 

““Net
Sales” means the invoice price charged for any good or service, but excluding shipping and handling charges and any applicable
sales taxes, less:

 

(i)         all
returns, refunds, rebates, credits and allowances actually made or allowed to an End User or other customer;

 

(ii)        customary
cash and trade discounts;

 

(iii)       losses
incurred due to credit card chargebacks, bad checks and C.O.D. rejections; and

 

(iv)       all
costs and expenses of merchant processing services related to sales of the Devices, including without limitation fraud prevention
services, and losses incurred due to credit card chargebacks, bad or rejected electronic payments and bank rejections.”

 

5.           The
second sentence of Section 3.1 of the Distribution Agreement is deleted in its entirety and the following sentence is inserted
in its place:

 

“The Company shall not
directly or indirectly market or sell access to the Online Services, other than pursuant to the provisions of Article XV.”

 

6.           Section
3.2(a) of the Distribution Agreement is deleted in its entirety and the following is inserted in its place:

 

“(a)        to
market, sell and distribute the Devices directly or indirectly to potential End Users, whether through the use of the telephone,
direct response mail, the internet (subject to the provisions of Section 4.2(c) and Article XV) or retail outlets; and”

 

7.           The
following Section 4.2(c) is added to the Distribution Agreement as follows:

 

“(c)       Telebrands
shall not market, promote, solicit or take orders for, sell or distribute the Devices via the internet, other than (i) on the websites,
www.Telebrands.com, www.RabbitTV.com, www.Amazon.com and www.eBay.com, and (ii) on the websites
of customers of Telebands which sell the Devices in retail outlets. Telebrands acknowledges and agrees that, except as set forth
in the immediately preceding sentence, the marketing, promotion, solicitation of orders for, sale and distribution of Access to
Online Services is the sole responsibility of the Company pursuant to the provisions of Article XV.”

 

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8.           The
following sentence is added to the end of Section 5.2 of the Distribution Agreement:

 

“Any amount paid by the
Company to Telebrands for any calendar month pursuant to this Section 5.2 shall be deemed to constitute the Company’s contribution
to the RabbitTV media budget for commercials and infomercials managed by Telebrands.”

 

9.           The
following Section 6.5(k) is added to the Distribution Agreement:

 

“(k)        The
Warrants remain issued and outstanding as of the date of this Agreement. Notwithstanding anything to the contrary set forth in
the Warrants or this Agreement, the Warrants may not be exercised by Telebrands at any time prior to July 16, 2016 or such
earlier date as William A. Mobley, Jr. may exercise any warrants to purchase shares of Common Stock previously granted to him by
the Company. The provisions of the immediately preceding sentence constitute a modification of each of the Warrants in accordance
with the provisions of Section 1.1 of each of them.”

 

10.         Section
7.1 of the Distribution Agreement is deleted in its entirety and the following is inserted in its place:

 

“7.1       Telebrands
Marks. Telebrands is the sole owner of all of the Telebrands and RabbitTV names, trade names, trademarks, service marks
and copyrights (collectively, “Telebrands Marks”). Telebrands grants to the Company a non-exclusive right and
license to use all of the Telebrands Marks (a) on the Portal, (b) in printed and online advertising, publicity, directories, newsletters,
and updates describing the Portal, the Devices or Access to Online Services, (c) in connection with all activities of the Company
contemplated by Article XV, (d) in all filings made by the Company with securities regulators, including without limitation the
Securities and Exchange Commission, and (e) in applications reasonably necessary and ancillary to the foregoing.”

 

11.         Section
7.2 of the Distribution Agreement is deleted in its entirety and the following is inserted in its place:

 

“7.2       Domain
Names. Telebrands is the sole owner of certain domain names, including without limitation www.RabbitTV.com, utilized
by the Company (collectively, the “Domain Narnes”). Telebrands grants to the Company the non-exclusive right and license
to use the Domain Names in connection with all activities of the Company contemplated by this Agreement, including without limitation
those contemplated by Article XV.”

 

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12.          Section
9.3(b) of the Distribution Agreement is deleted in its entirety and the following is inserted in its place:

 

“(b)        Except
as otherwise provided in Section 9.3(a), a party shall fail to perform or breach or default in any of its obligations under this
Agreement and such failure to perform. breach or default is not cured within sixty days after receipt of notice from the another
party thereof;”

 

13.          Section
9.5 of the Distribution Agreement is deleted in its entirety and the following is inserted in its place:

 

“9.5        Termination.

 

(a)          Upon
the occurrence of a Sales Shortfall, either party shall have the right to terminate the provisions of Articles II through IV, Sections
9.1 through 9.5, Article X, Article XII and Article XV of this Agreement upon the delivery of written notice thereof to the other
party, but all of the other provisions of this Agreement shall remain in full force and effect for an indefinite period.

 

(b)        Upon
the occurrence of a Termination Event, the non-defaulting party shall have the right to terminate the provisions of Articles II
through IV, Sections 9.1 through 9.5, Article X, Article XII and Article XV of this Agreement upon the delivery of written notice
thereof to the other party, but all of the other provisions of this Agreement shall remain in full force and effect for an indefinite
period.”

 

14.          Section
9.6(a) of the Distribution Agreement is deleted in its entirety and the following is inserted in its place:

 

“(a)        Subsequent
to any termination pursuant to Section 9.5, the Company may, but shall not be required to, continue to operate its business, renew
Persons who were End Users on the date of any such termination, and make sales of goods and services to Persons who were
End Users on the date of any such termination-Subsequent to any termination pursuant to Section 9.5, the Company shall, for the
Post-Termination Period, pay to Telebrands, on a monthly basis, an amount equal to thirty percent (30%) of the Company’s
share of revenues for which funds have been actually received by the Company for (a) renewals of Persons who were End Users on
the date of any such termination and (b) sales of goods and services by third party vendors to Persons who were End Users on the
date of any such termination. The term “Post-Termination Period” means a period of time equal to the period commencing
on October 15, 2012 and ending on the date of termination of this Agreement pursuant to Section 9.5.”

 

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15.          The
following Article XV is added to the end of the Distribution Agreement:

 

“ARTICLE XV

Access to Online Services

 

15.1        Marketing
of Access to Online Services.

 

(a)          The
Company shall use commercially reasonable efforts to market, promote, solicit orders for, sell and distribute Access to Online
Services directly or indirectly to potential End Users in the Territory.

 

(b)          In
marketing and distributing Access to Online Services, the Company shall:

 

(i)         conduct
business in a manner that reflects favorably at all times on the Online Services and the Telebrands Marks, including the RabbitTV
brand, and the good name, goodwill and reputation of the Company, Telebrands and its their respective Affiliates;

 

(ii)        avoid
deceptive, misleading or unethical practices that are or might be detrimental to the Online Services, the Company or the public,
including without limitation disparagement of the Online Services or the Company;

 

(iii)       not
publish or use any misleading or deceptive advertising material; or

 

(iv)       make
any representations with respect to the Online Services that are contrary to or inconsistent with any statements published by the
Company, including without limitation any warranties or disclaimers contained in such statements.

 

(c)          The
Company shall comply with all applicable international, national, regional and local laws and regulations with regard to its marketing,
sales, distribution and other activities under this Agreement, including any applicable import and export laws and regulations.
The Company shall obtain all necessary permits, licenses, registrations, and approvals needed in connection with the exportation,
marketing, sale and distribution of Access to Online Services. The Company shall not export or re-export any Access to Online Services
in any form in violation of the export or import laws of the United States of America or any foreign jurisdiction.

 

(d)          For
Access to Online Services which the Company is aware are being delivered to an agency or instrumentality of the United States of
America, the Company shall identify the Access to Online Services and any related information as “commercial computer software”
and “commercial computer software documentation” and, as specified in FAR 12.212 or DFARS 227.7202, and their successors,
as applicable, shall restrict the United States government’s rights to use, reproduce or disclose such Access to Online Services
in accordance with the terms and conditions of the End User License.

 

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15.2       Orders,
Sales and Fulfillment. The Company shall be solely responsible for all orders and sales, collection of payment and fulfillment
of orders for Access to Online Services.

 

15.3       Costs
and Expenses. The costs and expenses of providing the services described in this Article XV shall be borne solely by the
Company.

 

15.4       Payments.

 

(a)          On
the fifteenth day of each calendar month, the Company shall pay to Telebrands, by wire or electronic funds transfer, an amount
equal to the greater of (i) (A) the number of units of Access to Online Services
sold by the Company having a one year period of use by the End User during the immediately preceding calendar month for which
funds have been collected, multiplied by (B) Seventy-Five Cents ($0.75) (the “Base Payment”) or (ii) fifty percent
(50%) of the Company’s Net Profits derived from sales of Access to Online Services during the immediately preceding calendar
month and for which funds have actually been received.

 

(b)           For
purposes of this Section 15.4, the term “Net Profits” means, for a given calendar month, the aggregate invoice prices
collected by the Company for Access to Online Services, but excluding any applicable sales taxes, less the Expenses incurred.

 

(c)           For
purposes of this Section 15.4, the term “Expenses” means, for a given calendar month, the aggregate of the following:

 

(i)        all
costs and expenses of sales technologies for third party distributors or affiliates software development, software programming
and design technologies directly or indirectly related to orders for and sales of Access to Online Services and marketing and advertising
of Access to Online Services;

 

(ii)        all
returns, refunds, rebates, credits and allowances actually made or allowed to End Users or to third party distributors or affiliates
for Access to Online Services;

 

(iii)      all
commissions and other amounts actually paid or allowed to third party distributors or affiliates in connection with sales of Access
to Online Services;

 

(iv)       all
costs and expenses of marketing and advertising Access to Online Services to End Users and to third party distributors or affiliates;

 

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(v)          all
costs and expenses of merchant processing services related to sales of Access to Online Services, including without limitation
fraud prevention services, and losses incurred due to credit card chargebacks, bad or rejected electronic payments and bank
rejections; and

 

(vi)
       all third party distributor or affiliate programs, search and optimization and advertising
network/DFP Google or other publisher platform personnel and overhead costs and expenses directly or indirectly related to marketing
and advertising Access to Online Services and orders for and sales of Access to Online Services.

 

(d)          Any
amount in excess of the Base Payment paid. by the Company to Telebrands for any calendar month shall be deemed to constitute the
Company’s contribution to the RabbitTV media budget for commercials and infomercials managed by Telebrands.

 

15.5        Sales
Reports. The Company shall provide Telebrands with monthly reports of sales of Access to Online Services and Net Profits.

 

15.6        Continued
Marketing, Advertising and Promotion; Warrants.

 

(a)          Neither
Telebrands nor the Company shall terminate this Agreement pursuant to the provisions of Section 9.5(a) unless the party desiring
to terminate this Agreement first consults with the other party regarding reducing, replacing or terminating efforts to market,
advertise, promote, distribute and sell the Devices in retail-ready packages through retail outlets.

 

(b)          If
Telebrands and the Company mutually agree that it is in their mutual best interests to reduce or terminate efforts to market, advertise,
promote, distribute and sell the Devices in retail-ready packages through retail outlets, then:

 

(i)        Telebrands
shall continue to market, advertise and promote Access to Online Services through television commercials and infomericals
in a manner to be mutually agreed by Telebrands and the Company; and

 

(ii)       all
television commercial and infomercial marketing shall simply re-direct potential End Users to the website, www.RabbitTV.com,
rather than to retail vendors or outlets.

 

(c)          If
Telebrands and the Company mutually agree to re-direct potential End-Users to the website, www.RabbitTV.com, rather
than to retail vendors or outlets, as is contemplated by Section 15.6(b)(ii), then all sales of Access to Online Services
which were so re-directed by Telebrands to the website, www.RabbitTV.com, shall be counted toward the obligations of
Telebrands set forth in Section 9.2 and the opportunity for Warrants held be Telebrands to become exercisable set
forth in Section 6.2.”

 

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16.          Except
as specifically modified, amended or supplemented by this Amendment, the Distribution Agreement shall be unaffected by this Amendment
and shall remain in full force and effect.

 

17.          If
and to the extent that any conflict may exist or arise between any provision of this Amendment and any provision of the Distribution
Agreement, then, to the fullest extent permitted by law, the provision of this Amendment shall be controlling and shall take precedence
over the provision of the Distribution Agreement.

 

IN
WITNESS WHEREOF, the Company and Telebrands have executed this Amendment Number One to Distribution Agreement as of
the date first written above.

	 	 	 	 	 	 	 
	FREECAST, INC.	 	TELEBRANDS CORP.
	 	 	 	 	 
	By:	 		 	By:	 	
	 	 	William  A. Mobley, Jr.	 	 	 	Bala Iyer
	 	 	Chairman of the Board and	 	 	 	Executive Vice-President
	 	 	Chief Executive Officer	 	 	 	 

 

    	8Exhibit 10.3

 

VOTING TRUST AGREEMENT

 

THIS VOTING TRUST
AGREEMENT is entered into as of October 15, 2012 by and among WILLIAM A. MOBLEY, JR., AS TRUSTEE (the “Trustee”),
FREECAST, INC., a Florida corporation (the “Company”), and TELEBRANDS CORP., a New Jersey corporation
(“Telebrands”).

 

RECITALS:

 

A.          The
Company and Telebrands have entered into a Distribution Agreement of even date herewith (the “Distribution Agreement”).

 

B.           Pursuant
to the Distribution Agreement, among other things, Telebrands has acquired and is the legal and beneficial owner of Four Thousand
(4,000) shares of common stock, par value $0.0001 per share (the “Common Stock”), of the Company (collectively, the
“Shares”).

 

C.            Pursuant
to the Distribution Agreement, among other things, the Company has issued to Telebrands five warrants of even date herewith (collectively,
the “Warrants”) to purchase up to an aggregate of Twenty Million (20,000,000) shares of Common Stock (collectively,
the “Warrant Shares”) on the terms and conditions set forth therein.

 

D.          Telebrands
desires to grant to the Trustee all rights to vote and to dispose of all shares of Common Stock now or hereafter acquired or legally
or beneficially owned by it, including without limitation the Securities (as such term is hereinafter defined).

 

E.           Each
of the parties desires to enter into this Voting Trust Agreement (the “Agreement”). 

 

NOW, THEREFORE,
in consideration of the covenants and agreements of the parties set forth herein, each of the parties, intending to be legally
bound, agrees as follows:

 

		1.	 Creation of Voting Trust; Transfer of Shares into Voting Trust.

 

(a)          The
Trustee is appointed as the trustee of all shares of Common Stock now or hereafter transferred to him in his capacity as trustee
hereunder. The Trustee accepts his appointment as trustee hereunder.

 

(b)         Simultaneously
with the execution and delivery of this Agreement, Telebrands transfers and conveys to the Trustee all of the Shares and the Trustee
is issuing to Telebrands a Voting Trust Certificate (as such term is hereinafter defined).

 

    	 

    	 

    

 

(c)          Upon
exercise of any of the Warrants by Telebrands, all of the certificates representing Warrant Shares issued upon such exercise shall
be registered in the name of the Trustee. Telebrands shall execute and deliver all documents and instruments necessary to cause
registration of the certificates in the name of the Trustee in his capacity as trustee. Upon receipt of the certificates, the Trustee
shall issue to Telebrands appropriate Trust Certificates.

 

(d)         All
voting securities of the Company now or hereafter acquired, received or beneficially owned by Telebrands (collectively, the “Additional
Shares”) shall be immediately transferred to the Trustee to be held by him pursuant to this Agreement. The Trustee shall
issue to Telebrands appropriate Trust Certificates.

 

(e)          All
voting securities of the Company distributed by the Company or received by Telebrands with respect to the Shares, the Warrant Shares
or the Additional Shares, including without limitation any stock dividends, stock splits, and any other distributions and recapitalizations
(collectively, the “Distribution Shares”), shall be immediately transferred to the Trustee to be held by him pursuant
to this Agreement. The Trustee shall issue to Telebrands appropriate Trust Certificates.

 

(f)          The
Shares, the Warrant Shares, the Additional Shares and the Distribution Shares are hereinafter collectively referred to as the “Securities.”

 

(g)          All
distributions received by the Trustee with respect to the Securities, which are not in the form of voting securities of the Company,
including without limitation cash dividends, cash distributions and non-voting securities, shall be promptly transferred by the
Trustee to Telebrands.

 

		2.	Voting Trust Certificates; List of Beneficial Owners.

 

(a)          The
Trustee shall issue to each person or entity which shall transfer any Securities to him in his capacity as trustee hereunder voting
trust certificates in substantially the form of Exhibit A attached hereto (the “Trust Certificates”) for the
number of shares transferred to him.

 

(b)          The
Trustee shall prepare a list of all beneficial owners of Trust Certificates.

 

(c)          The
Trustee shall deliver or cause to be delivered to the Company a fully executed copy of this Agreement and a list of all beneficial
owners of Trust Certificates.

 

(d)         The
Trust Certificates shall not be transferable, provided, however, that Telebrands may Transfer (as such term is hereinafter
defined) Trust Certificates to an Affiliate of Telebrands in a transaction not requiring registration under any federal or state
securities laws.

 

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		3.	Power and Authority of Trustee.

 

(a)          The
Trustee shall possess and be entitled to exercise all of the voting rights and voting powers of an absolute and record owner of
the Securities, including without limitation the power to vote (i) for election or removal of directors, (ii) on amendments to
the Articles of Incorporation or Bylaws of the Company, and (iii) on any merger or consolidation involving the Company, any sale
of all or substantially all of the assets of the Company, and any liquidation or dissolution of the Company. The Trustee may vote
the Securities in favor of his election as a director of the Company.

 

(b)
         The Trustee shall possess and be entitled to exercise all of the rights
and powers of disposition of an absolute and record owner of the Securities, including without limitation the power to sell, exchange,
gift, transfer, assign, convey and otherwise dispose of (a “Transfer”) the Securities; provided, however, that the
Trustee shall not effect a Transfer or permit a registration statement to be filed with the Securities and Exchange or any state
securities administrator of any or all of the Securities held by him unless Nextelligence, Inc., a Delaware corporation (“Nextelligence”),
or any successor to Nextelligence, simultaneously effects a Transfer or registration of an identical proportion of the voting securities
of the Company held by it on the same terns and conditions.

 

(c)
         The Trustee shall not permit Nextelligence (or any successor to Nextelligence)
to effect a Transfer or permit a registration statement to be filed with the Securities and Exchange or any state securities administrator
of any or all of the voting securities of the Company held by it unless the Trustee simultaneously effects a Transfer or registration
of an identical proportion of the Securities held by him in his capacity as Trustee on the same terms and conditions.

 

(d)          Telebrands
shall be entitled to equitable relief, including injunctive relief or specific performance, for any breach of violation of the
provisions of this Section 3.

 

		4.	Term.

 

(a)          The
trust hereby created shall remain in full force and effect until the earlier to occur of the following events:

 

(i)         the
Trustee shall have ceased to be an Affiliate of the Company; or

 

(ii)        the
Transfer of all of the Securities held by the Trustee.

 

(b)          The
following terms shall have the following respective meanings when utilized in this Agreement:

 

(i)
        “Affiliate” means with respect to a specified Person, any other
Person which, directly or indirectly, controls, is controlled by, or is under common control with, such specified Person or any
director or officer of such Person. The concept of “control” when utilized with respect to a specified Person, shall
signify the possession of the power to direct the management and policies of such specified Person, directly or indirectly, whether
through the ownership of voting or equity securities, by contract or otherwise.

 

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(ii)        “Person”
means any individual, person, sole proprietorship, company, corporation, partnership, limited liability company, joint venture,
trust, association or other entity, or any combination of the foregoing.

 

5.        Trustee’s
Duties and Immunities. In voting the Securities or in doing or performing or refraining from doing or performing any act
or thing with respect to the control or management of Company or its business or affairs, either in person or by proxy, the Trustee
shall act in good faith. Telebrands waives any potential or actual conflict of interest that the Trustee may personally have so
long as Trustee acts in good faith. The Trustee shall not be liable for any error of judgment, any mistake of law or fact, or
any other error or mistake, and shall not be responsible for any act or omission with respect to his duties and responsibilities
as voting trustee, or for any damages or losses that may result therefrom, unless such damages or losses are proven by clear and
convincing evidence to be the result of willful misconduct or bad faith.

 

6.        Indemnification
of Trustee. The Company shall indemnify and hold harmless the Trustee from, against and in respect of the full amount
of any and all liabilities, damages, claims, taxes, deficiencies, assessments, losses, penalties, interest, costs and expenses
(including without limitation fees and disbursements of trial and appellate counsel) (collectively, the “Indemnified Expenses”)
paid or incurred by him as the result of, arising from, in connection with or incident to, any matter directly or indirectly related
to this Agreement, other than any Indemnified Expenses that are proven by clear and convincing evidence to be the result of the
gross negligence, willful misconduct or bad faith of the Trustee.

 

7.        Appointment
of Substitute Trustee. If the Trustee is unable for any reason to perform his duties hereunder, but continues to be an
Affiliate of the Company, then the Trustee shall appoint a substitute Trustee (and give notice to Telebrands of such appointment),
and any person so appointed shall thereupon be vested with all the duties, powers and authority of a trustee hereunder as if originally
named herein.

 

8.        Reports.
The Trustee is authorized and instructed to prepare and file any reports with respect to the Securities as may be required
under any applicable federal or state securities laws. Telebrands shall reasonably cooperate with the Trustee in connection with
the preparation and filing of any such reports.

 

9.        Governing
Law. This Agreement shall be governed by, and shall be construed and interpreted in accordance with, the laws of the State
of Florida without giving effect to the conflicts of law provisions thereof. This Agreement is intended by the parties to create
“a voting trust” within the meaning of Section 607.0730 of the Florida Statutes.

 

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10.        Notices.
Any and all notices and other communications required or permitted to be given pursuant to this Agreement shall be in writing
and shall be deemed to have been duly given (a) when delivered by hand, (b) two days after having been delivered to Federal Express,
UPS or another recognized overnight courier or delivery service, (c) when delivered by facsimile transmission, provided that an
original copy of such transmission shall be sent by first class mail, postage prepaid, or (d) five days after having been deposited
into the United States mail, by registered or certified mail, return receipt requested, postage prepaid, to the respective parties
at their respective addresses or to their respective facsimile telephone numbers, as follow: 

	 	 
	If to the Trustee:	William G. Mobley, Jr., as Trustee
	 	5830 TG Lee Boulevard 
	 	Suite 310
	 	Orlando, Florida 32822
	 	Attention: Chief Executive Officer
	 	Facsimile:
	 	 
	If to the Company:	FreeCast, Inc.
	 	5830 TG Lee Boulevard
	 	Suite 310
	 	Orlando, Florida 32822
	 	Attention: Chief Executive Officer
	 	Facsimile:
	 	 
	If to Telebrands:	Telebrands Corp.
	 	79 Two Bridges Road
	 	Fairfield, New Jersey 07004 
	 	Attention: Bala Iyer, Executive Vice President 
	 	Facsimile:

 

or to such other address or facsimile telephone
number as a party may from time to time give written notice of to the other party pursuant to the foregoing provisions of this
Section 10. It is specifically understood and agreed by the parties that any notice or other communication given by telephone,
email, texting, tweeting, twittering or any other form or forms of communication not specifically permitted by subsections (a),
(b), (c) or (d) of this Section 10 shall not be deemed to be properly delivered for purposes of this Agreement and shall, therefore,
be ineffective.

 

11.        Entire
Agreement. This Agreement constitutes the entire agreement among the parties with respect to the subject matter hereof
and supersedes all prior agreements, understandings, negotiations and arrangements, both oral and written, between and among the
parties with respect to such subject matter. This Agreement may not be amended, modified, altered, changed or supplemented in
any manner, except by a written instrument executed by each of the parties.

 

12.        Benefits;
Binding Effect. This Agreement shall be for the benefit of, and shall be binding upon, the parties and their respective
heirs, personal representatives, executors, legal representatives, successors and assigns.

 

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13.        Arbitration.
In the event of any dispute, claim, question, or disagreement arising from or relating to this Agreement or the breach thereof,
the parties shall use their best efforts to settle the dispute, claim, question, or disagreement. To this effect, the parties
shall consult and negotiate with each other in good faith and, recognizing their mutual interests, attempt to reach a just and
equitable solution satisfactory to both parties. If the parties do not reach such solution within a period of sixty days, then,
upon notice by either party to the other, all disputes, claims, questions, or differences shall be finally resolved by arbitration
administered by the American Arbitration Association in accordance with the provisions of its Commercial Arbitration Rules. The
arbitration will be conducted in Orange County, Florida. There shall be three arbitrators who shall be named in accordance with
such Rules. A court reporter shall record all hearings, with such record constituting the official transcript of such proceedings.
The award of the arbitrators shall be accompanied by a statement of the reasons upon which the award is based. Judgment upon the
award rendered by the arbitrators may be entered in any court having jurisdiction.

 

14.        Headings.
The headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation
of any or all of the provisions hereof.

 

15.        Counterparts.
This Agreement may be executed in any number of counterparts and by the separate parties in separate counterparts, each of
which shall be deemed to constitute an original and all of which shall be deemed to constitute the one and the same instrument.

 

IN WITNESS WHEREOF,
each of the parties has executed and delivered this Agreement effective as of the date first written above. 

 

	 	 
	 	 	William A. Mobley, Jr., as Trustee 
	 	 	 
	 	FREECAST, INC. 
	 	 	 
	 	By	 
	 	 	William A. Mobley, Jr. 

Chairman of the Board

and Chief Executive Officer
	 	 	 
	 	TELEBRANDS CORP.
	 	 	 
	 	By	 
	 	 	Bala Iyer, Executive Vice President

 

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Exhibit A

 

VOTING TRUST CERTIFICATE

 

FREECAST, INC.

(a Florida corporation) 

 

	Voting Trust No.___	Number of Shares Held__________

  

VOTING TRUST CERTIFICATE

 

This is to certify
that Telebrands Corp., a New Jersey corporation, has transferred to the Trustee under that certain Voting Trust Agreement dated
as of October __, 2012 by and among William A. Mobley, Jr., as Trustee, FreeCast, Inc., a Florida corporation, and Telebrands Corp.,
a New York corporation (the “Voting Trust Agreement”) a certificate or certificates representing _________ shares of common stock,
par value $0.0001 per share, of FreeCast, Inc., a Florida corporation (the “Company”). A copy of the Voting Trust Agreement
is on file at the office of the Company. This Voting Trust Certificate is issued in accordance with and is subject to the provisions
of the Voting Trust Agreement.

 

IN WITNESS WHEREOF,
the undersigned has executed and delivered this Voting Trust Certificate as of ____________, 201__.

 

	 	 
	 	William A. Mobley, Jr., as Trustee 

 

    	7

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