Document:

Exhibit
10.6

 

TRANSITION
SERVICES AGREEMENT

 

This Transition
Services Agreement (“Agreement”), dated as of September 8, 2009 between
214 Investments, Inc. (“214 Investments”), a Texas corporation, and MDI, Inc.
(“MDI”), a Delaware corporation. Each of 214 Investments and MDI are sometimes
hereinafter referred to as a “Party” and collectively as the “Parties”.

 

A.            MDI and 214 Investments have entered
into a Stock Purchase Agreement (the “Stock Purchase Agreement”) pursuant to
which MDI will sell all of the issued and outstanding capital stock of Monitor
Dynamics, Inc. (the “Business”) to 214 Investments (the “Distribution”)
pursuant to the terms and subject to the conditions of the Stock Purchase
Agreement and other Ancillary Agreements.

 

B.        In connection with the
Distribution, MDI and 214 Investments have agreed to enter into this Agreement
in order for 214 Investments to assist MDI by providing certain temporary
transitional services and support not otherwise specified in any of the
Ancillary Agreements.

 

AGREEMENT

 

NOW, THEREFORE, in consideration of the foregoing, the mutual covenants
and undertakings contained in this Agreement, and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged,
214 Investments and MDI hereby agree as follows:

 

ARTICLE 1 - TERM

 

Section 1.01. Term of the Agreement. The term of this Agreement
shall be from the Effective Date (as defined herein) to and including March 8,
2010 (the “Term”), although the actual duration of specific services may be for
a shorter or longer period as agreed to by 214 Investments and MDI.

 

ARTICLE II -
SERVICES

 

Section 2.01.          Provision of Services. On the terms
and subject to the conditions contained herein, 214 Investments shall transfer
the knowledge, information, data and related files to MDI relating to human
resources, payroll, treasury and risk management, accounting and financial, tax
compliance, software, telecommunications services and information technology,
administrative, legal, litigation support, and product support services or take
any action necessary to effect to the transfer thereof (“Services”); in
particular, 214 Investments will cooperate with and assist MDI with respect to
prosecuting or defending third-party litigation matters. The Services will be
provided by 214 Investments as and when reasonably requested by MDI and at no
charge to MDI.

 

Section 2.02. Limitation of Liability. 214 Investments shall have no liability whatsoever to MDI or any of its affiliates for any error, act or omission in connection with the Services to be rendered by 214 Investments hereunder unless any such error, act or omission derives from willful misconduct or gross negligence. IN NO EVENT SHALL 214 INVESTMENTS BE LIABLE FOR ANY SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES (INCLUDING, WITHOUT LIMITATION, LOSS OF PROFITS, REVENUES OR DATA), WHETHER BASED ON BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, WHETHER OR NOT 214 INVESTMENTS HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.
 

ARTICLE III - GENERAL

 

Section 3.01. Amendments; Non-Waiver.

 

(a) Any provision of this Agreement may be amended or waived if,
and only if, such amendment or waiver is in writing and signed, in the case of
an amendment, by each party, or in the case of a waiver, by the party against
whom the waiver is to be effective.

 

(b) The failure of either party to enforce at any time or for any
of the provisions hereof will not be construed to be a waiver of such
provisions or of the right of such party thereafter to enforce each and every
such provision.

 

 

Section 3.02. Notices. All notices, requests, consents and other
communications hereunder must be in writing and will be deemed to have been
duly given (a) when received if personally delivered or sent by facsimile,
(b) one business day after being sent by nationally recognized overnight
delivery service, or (c) five business days after being sent by nationally
registered or certified mail, return receipt requested, postage prepaid.

 

Section 3.03. Construction
and Jurisdiction. This Agreement is governed by and will be construed
and enforced in accordance with the laws of the State of Texas. In the event
any action is brought based on this Agreement the venue for any such action
will be any court of competent jurisdiction of the State of Texas located in
Bexar, County, Texas.

 

Section 3.04. Level of Service. 214 Investments undertakes to use
the same degree of care in rendering services under this Agreement as it
respectively utilizes in rendering such services for its own operations and
shall not be liable for any failure to provide services other than a failure
caused by or attributable to its gross negligence or intentional misconduct or
that of any of its affiliates, employees, officers or other agents. Nothing in
this Agreement will require 214 Investments to perform or cause to be performed
any service in a manner that would constitute a violation of applicable laws.

 

Section 3.05. Transitional Nature of Services; Changes. The
parties acknowledge the transitional nature of the services and that either
party may make changes from time to time in the manner of performing the
services if such party is making similar changes in performing similar services
for its own operations and if such party furnishes to the other party substantially
the same notice (in content and timing) as such party furnishes to those part
of its own operations respecting such changes.

 

Section 3.06. Mutual Cooperation. MDI, 214 Investments and their
respective affiliates shall cooperate with each other in connection with the
performance of the Services hereunder; provided, however, that such cooperation
must not unreasonably disrupt the normal operations of MDI, 214 Investments and
their respective affiliates.

 

Section 3.07. Independent Contractors. MDI and 214 Investments
each acknowledge that they are separate entities, each of which has entered
into this Agreement for independent business reasons. The relationships of MDI
to 214 Investments and of 214 Investments to MDI hereunder are those of
independent contractors and nothing contained herein shall be deemed to create
a joint venture, partnership or any other relationship.

 

Section 3.08. Severability. If any term or other provision of this
Agreement is invalid, illegal or incapable of being enforced by any rule of
law or public policy, all other terms and provisions of this Agreement will
nevertheless remain in full force and effect so long as the economic or legal
substance of the transactions contemplated hereby is not affected in any manner
adverse to any party hereto. Upon any such determination that any term or other
provision is invalid, illegal or incapable of being enforced, the parties
hereto shall negotiate in good faith to modify this Agreement so as to effect
the original intent of the parties as closely as possible in an acceptable
manner, to the end that the transactions contemplated by this Agreement are
consummated to the extent possible.

 

Section 3.09. Entire Agreement. This Agreement supersedes and
cancels any and all previous agreements, written or oral, between the parties
relating to the subject matter hereof. No representation, inducement, promise,
understanding, condition or warranty not set forth herein has been made or
relied upon by any party. This Agreement express the complete and final
understanding of the parties with respect to the subject matter thereto and may
not be changed in any way, except by an instrument in writing signed by both
parties.

 

Section 3.10. Assignment. This Agreement and the rights and duties
hereunder are binding upon and inure to the benefit of the successors and
permitted assigns of each of the parties to this Agreement, but are not
assignable or delegable by either party without the prior written consent of
the other, which consent shall not be unreasonably withheld.

 

Section 3.11. Counterparts; Effectiveness. This Agreement may be
signed in any number of counterparts, each of which shall be an original, with
the same effect as if the signatures thereto and hereto were upon the same
instrument. This Agreement shall become effective upon the closing of the
transactions contemplated by the Stock Purchase Agreement (the “Effective Date”).

 

 

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

 

	
  MDI, INC.

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  /s/ John Linton

  	
   

  
	
  By:

  	
  John Linton

  	
   

  
	
  Its:

  	
  CTO

  	
   

  
	
   

  	
   

  
	
  214 INVESTMENTS,
  INC.

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  /s/  J. Collier Sparks

  	
   

  
	
  By: J. Collier
  Sparks

  	
   

  
	
  Its: PresidentExhibit 10.7

 

OPTION
AGREEMENT

 

THIS AGREEMENT is made and entered into this
8th day of September, 2009, by and between MDI, Inc., a Delaware
corporation (hereinafter referred to as the “Grantor”) and 214 Investments, Inc.,
a Texas corporation, (hereinafter referred to as “Grantee”).

 

In consideration of the mutual promises and
covenants contained herein, the parties agree as follows:

 

1.             GRANT
OF OPINION.  For and in consideration
of the sum of $1.00.00 and other good and valuable consideration paid by Grantee,
receipt and sufficiency of which are hereby acknowledged by Grantor, the
Grantor herein grants to Grantee the exclusive right, privilege, and option to
purchase all of the issued and outstanding membership interests of Structure
REDS, LLC, a Texas limited liability company and a wholly owned subsidiary of
Grantor (“Structure”).

 

2.             EXERCISE.  This option shall first be exercisable by
Grantee thirty (30) days after execution hereof and may be exercised by Grantee
any time thereafter on or before the first anniversary of the Agreement (“Expiration
Date”) by written notice to Grantor, which notice shall be effective upon the
mailing or delivery of said notice to the Grantor.

 

3.             SECURITIES
PURCHASE AGREEMENT.  In the event
that Grantee exercises this option, the closing and the terms of said
transaction shall take place pursuant to a Securities Purchase Agreement
substantially in the form attached as Exhibit A and the purchase price
shall be payable by means of Grantee’s issuance to Grantor of the convertible
promissory note substantially in the form attached as Exhibit B hereto.
The Securities Purchase Agreement and the Convertible Promissory Note shall be
signed and delivered by the parties within two (2) days of such exercise.

 

4.             ASSIGNMENT.  This option and all rights and obligations
hereunder shall be assignable by Grantee to one or more nominees of its sole
choosing. Grantor may not assign this Agreement or any rights under it.

 

5.             CONFIDENTIALITY.  Grantor and Grantee agree that this
transaction is confidential to the parties hereto and their respective
successors and assigns and neither party, except as required by law, will
discuss or reveal any portion of the contents of, or the existence of, this
Option.

 

6.             BINDING
EFFECT.  This Agreement shall be
binding upon and inure to the benefit of the parties hereto and their
respective successors and assigns, except as otherwise provided aforesaid.

 

7.             LAW
OF THE FORUM.  This
Agreement is governed by and will be construed and enforced in accordance with
the laws of the State of Texas regardless of the jurisdiction in which
litigation relating to the subject matter hereof is initiated or
continued.  In the event any action is
brought based on this Agreement the venue for any such action will be any court
of competent jurisdiction of the State of Texas located in Bexar, County,
Texas.

 

 

IN WITNESS WHEREOF, the parties hereto have
caused this Option Agreement to be duly executed.

 

 

	
  GRANTOR

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  MDI, INC.

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  /s/ John Linton

  	
   

  
	
  By: John Linton

  	
   

  
	
  Its: Officer

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  GRANTEE

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  214 INVESTMENTS, INC.

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  /s/ J. Collier Sparks

  	
   

  
	
  By: J. Collier Sparks

  	
   

  
	
  Its: President

  	
   

  

 

 

Exhibit A

 

Securities
Purchase Agreement

 

 

Exhibit B

 

Convertible
Promissory Note

 

 

Exhibit A

 

SECURITIES PURCHASE AGREEMENT

 

THIS SECURITIES PURCHASE AGREEMENT (“Agreement”) is
entered into as of this         day of                    ,
2009, by and between 214 Investments, Inc., a Texas corporation (“Buyer”)
and MDI, Inc., a Delaware corporation (“Seller”).

 

RECITAL:

 

A.                                             Seller
owns a one hundred percent (100%) membership, capital and profits interest (the
“Interest”) in Structure REDS, LLC., a Texas limited liability Company (the
“Company”).

 

B.                                               Seller
desires to sell the Interest to Buyer and Buyer desires to buy from Seller the
Interest pursuant to the terms and subject to the conditions set forth in this
Agreement.

 

AGREEMENTS:

 

In consideration of the foregoing and the mutual promises contained
herein, the parties agree as follows:

 

1.                                            Purchase
and Sale of Interest. At the Closing (as hereinafter defined in Section 7.1),
Seller shall, on the terms and subject to the conditions set forth herein, sell
and transfer to Buyer the Interest, free and clear of all liens, charges,
security interests, encumbrances, restrictions and claims, and Buyer agrees  to
purchase the Interest in the amounts and for the consideration set forth below.

 

2.                                            Purchase
Price. The Purchase Price (herein so called) shall be payable at Closing by
means of Buyer’s issuance to the Seller of the attached $250,000.00 Convertible
Promissory Note (“Note”).

 

At Closing, all intercompany accounts between the Company and the
Seller, and/or any subsidiaries of the Seller, will be cleared at no expense to
either the Buyer or the Company.

 

3. Representations and Warranties of Seller.  Seller represents and warrants to Buyer that:

 

3.1. The Company is and on the Closing Date will be a limited liability
corporation duly organized, validly existing and in good standing under the
laws of the State of Texas.

 

3.2. Seller has full legal power to enter into and perform this
Agreement. This Agreement will, when executed, be binding against Seller, in
accordance with its terms.

 

3.3. Since September 9, 2009, Seller had taken no action which
would encumber the Company’s assets and, to the Seller’s knowledge, such assets
are free and clear of all liabilities, liens, claims and encumbrances (except
liens for taxes not yet due and liabilities incurred in the ordinary course of
business).

 

3.4. The Seller is the sole legal and beneficial owner of the Interest,
and such Interest is free and clear of all liens, claims, charges, security
interests, encumbrances and restrictions.

 

4. Representations and Warranties of Buyer. Buyer
represents and warrants to Seller that:

 

4.1. Buyer is and on the Closing Date will be a corporation duly
organized, validly existing and in good standing under the laws of the State of
Texas.

 

4.2. Buyer has full legal power to enter into and perform this
Agreement. This Agreement will, when executed, be binding against Buyer, in
accordance with its terms.

 

 

Article 3.
Interest. Interest shall accrue from the date hereof on the unpaid principal
amount at a rate equal to 4 percent per annum, simple
interest. Interest shall be computed for the actual number of days elapsed on
the basis of a year of 360 days.

 

Article 4. Certain Adjustments.

 

(a)  Stock Splits. If the Company, at any
time while this Note is outstanding, (i) subdivides outstanding shares of
its common stock into a larger number of shares, or (ii) combines
(including by way of a reverse stock split) outstanding shares of common stock
into a smaller number of shares, and absent a merger or acquisition
transaction, the Conversion Price will remain as set forth in Article 2.

 

(b)  Adjustment for Reclassification,
Exchange and Substitution. If at any time or from time to time after the common
stock issuable upon the conversion of this Note is changed into the same or a
different number of shares of any class or classes of stock, whether by
recapitalization, reclassification or otherwise (other than a transaction
provided for elsewhere in this Article 4), in any such
event, the Company shall convert any portion of the outstanding balance of this
Note into the kind and amount of stock and other securities and property
receivable upon such recapitalization, reclassification or other change by
holders of the maximum number of shares of common stock into which the
outstanding balance of this Note could have been converted immediately prior to
such recapitalization, reclassification or change, all subject to further
adjustment as provided herein or with respect to such other securities or
property by the terms thereof.

 

(c)  Reorganizations, Mergers,
Consolidations or Sales of Assets. If at any time or from time to time after
the date of issuance of this Note, there is a capital reorganization of the
common stock (other than a transaction provided for elsewhere in this Article 4),
as a part of such capital reorganization, provision shall be made so that the
Holder of this Note shall thereafter be entitled to receive upon conversion of
this Note, the number of shares of stock or other securities or property of the
Company to which a holder of the number of shares of common stock deliverable
upon conversion would have been entitled on such capital reorganization,
subject to adjustment in respect of such stock or securities by the terms
thereof.

 

Article 5. Mergers.

 

The Company shall not consolidate or merge into, or transfer all or
substantially all of its assets to, any person, unless such person assumes in
writing the obligations of the Company under this Note. Any reference herein to
the Company shall refer to such surviving or transferee corporation and the
obligations of the Company shall terminate upon such written assumption.

 

Article 6. Notices.

 

Any notices, consents, waivers or other communications required or to
be given under the terms of this Note must be in writing and will be deemed to
have been delivered (i) upon receipt, when delivered personally, (ii) upon
receipt, when sent by facsimile (provided a confirmation of transmission is
mechanically or electronically generated and kept on file by the sending
party), or (iii) one (1) day after deposit with a nationally
recognized overnight delivery service, in each case properly addressed to the
party to receive the same.

 

Article 7. No Assignment.

 

This Note shall not be assigned except in accordance with Article 5.

 

Article 8. Governing Law.

 

The validity, terms, performance and enforcement of this Note shall be governed
and construed by the provisions hereof and in accordance with the laws of the
State of Texas.

 

 

Article 9. Miscellaneous.

 

(a)  In this Note, unless the context
otherwise requires, words in the singular number include the plural, and in the
plural include the singular, and words of the masculine gender include the
feminine and the neuter,  and when the tense so indicates,
words of the neuter gender may refer to any gender.

 

(b)  The numbers and titles of sections
contained in this Note are inserted for convenience of reference only, and they
neither form a part of this Note nor are they to be used in the construction or
interpretation hereof.

 

(c)  Neither this Note nor any provision
hereof shall be waived, modified, changed, discharged, terminated, revoked or
canceled, except by an instrument in writing signed by the party effecting the
same against whom any waiver, modification, change, discharge, termination,
revocation or cancelation is sought.

 

(d)  This Note may be executed in two or
more counterparts, all of which taken together shall constitute one instrument.
Execution and delivery of this Note by exchange of facsimile copies bearing the
facsimile signature of a party shall constitute a valid and binding execution
and delivery of this Note by such party. Such facsimile copies shall constitute
enforceable original documents.

 

(e)  This Note represents the FINAL
AGREEMENT between the Company and the Holder and may not be contradicted by
evidence of prior, contemporaneous or subsequent oral agreements of the
parties.

 

IN WITNESS WHEREOF, the Company has duly executed
this Note as of                    ,
2009.

 

 

	
  214 Investments, Inc.

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  By: J. Collier Sparks

  	
   

  
	
  Its: CEO & President

  	
   

  

 

 

Exhibit B

 

CONVERTIBLE PROMISSORY NOTE

For the Purchase of Structure REDS, LLC

 

FACE AMOUNT U.S. $250,000.00                                                                                                              ,
2009

 

FOR VALUE RECEIVED, 214 Investments, Inc., a Texas corporation
(the “Company”), hereby promises to pay MDI, Inc., a Delaware corporation,
(the “Holder”) the Face Amount in such amounts, at such times and on such terms
and conditions as are specified herein (this “Note”).

 

Article 1. Maturity.

 

The Face Amount of this Note, as reduced by payments
of principal as provided below, together with accrued and unpaid interest
thereon, is payable by                                  ,
2014, unless extended in writing by both the Company and the Holder (the
“Maturity Date”).

 

Notwithstanding any provision to the contrary in this Note, the Company
may pay in full to the Holder the Face Amount, or any balance remaining
thereof, in common stock, as set forth in Article 2, or readily available
funds at any time and from time to time without penalty. Any balance remaining
outstanding on the Maturity Date shall automatically be converted into common
stock in accordance with Article 2.

 

Article 2. Payment.

 

2.1. Payment in Cash. The outstanding balance of this Note, together
with accrued and unpaid interest thereon, is payable in cash or in shares of
the Company’s common stock, at the Company’s option.

 

2.2. Payment in Stock.

 

(a)     Conversion.
If the Company elects to convert any portion of the outstanding balance of this
Note into shares of the Company’s common stock, it may do so at any time in
accordance with Article 1, at its sole option. The number of shares of
common stock issuable upon the conversion of this Note shall be determined
pursuant to Sections 2.2(c) and 2.2(d).

 

(b)     Common
Stock to be Issued. Upon the conversion of any portion of this Note, the
Company shall issue stock certificates representing the number of shares of
common stock issuable upon such conversion, as applicable, The Company shall
act as registrar and shall maintain an appropriate ledger containing the
necessary information with respect to the balance of the Note. The Company
warrants that the common stock shall be freely resold, except as may be set
forth herein or subject to applicable law.

 

(c)     Conversion
Price. The “Conversion Price” applicable to the conversion of the principal
amount and interest accrued shall be determined by dividing (i) three (3) times
the annualized revenue of the Company (as determined by the Board of Directors
of the Company in good faith) by (ii) the number of shares of the
Company’s Common Stock outstanding at the Conversion Date.

 

(d)     Conversion
Rate. The number of shares of the Company’s common stock issuable upon a
conversion hereunder shall be determined by the quotient obtained by dividing (x) the
aggregate amount of principal and interest to be so converted for any
particular date by (y) the Conversion Price. No fractional shares or scrip
representing fractions of shares will be issued on conversion, but the number
of shares issuable shall be rounded up or down, as the case may be, to the
nearest whole share.

 

 

5. Conditions Precedent to Obligations of Buyer. The obligations
of Buyer under this Agreement are, at the option of Buyer, subject to the
fulfillment at or prior to the Closing Date of each of the following
conditions:

 

5.1. On the Closing Date, Seller shall be the sole legal and beneficial
owner of the Interest, free and clear of all claims, liens, mortgages, charges,
security interests, encumbrances and other restrictions and limitations of any
kind and nature whatsoever.

 

5.2. By the Closing Date, any and all necessary consents,
authorizations, orders or approvals for transfer of the Interest shall have
been obtained.

 

5.3. The representations and warranties of Seller set forth in Section 3
hereof shall be true and accurate in all material respects as of the date when
made and as of the Closing Date, except to the extent necessary to reflect the
consummation of the transactions provided for herein.

 

5.4. Seller shall have substantially performed or complied with all
agreements and covenants required by this Agreement to be performed by them
prior to or on the Closing Date.

 

6. Conditions Precedent to Obligations of Seller. The
obligations of Seller under this Agreement are subject to the performance at or
prior to the Closing Date of each of agreements and covenants required by this
Agreement to be performed by it prior to or on the Closing Date.

 

7. Closing Documents.

 

7.1. The Closing under this Agreement may occur
simultaneously at the offices of the Seller, 12500 Network Blvd., San Antonio,
Texas on                          ,
2009 at 10:00 a.m. or at such other date and time as the Seller and the
Buyer agree (the “Closing”). From and after the Closing, all equitable and
legal rights, title and interests in and to the Interest shall be owned, held
and exercised by Buyer.

 

7.2. Seller hereby agrees to deliver to Buyer
at the Closing the following: 

 

7.2.1. The corporate minute book of the Company;

 

7.2.2 The Assignment of Membership Interest attached as Exhibit “A”;

 

7.2.3. Such other documents and showings as shall reasonably be
required by Buyer or its counsel.

 

7.3. Buyer agrees to deliver to Seller on the Closing Date the duly
executed Note.

 

8. Further Agreements. In addition to
the agreements and covenants set forth elsewhere herein, the parties hereto
agree as follows:

 

8.1. Each of the parties hereto represents and warrants that it has not
incurred any obligation or liability, contingent or otherwise, for broker’s or
finder’s fees in connection with the purchase and sale provided for herein, and
each agrees to hold the other harmless from and against any such liability
arising out of contracts, express or implied, which may be asserted against the
noncontracting parties.

 

9. Survival of Representations. The representations and
warranties in this Agreement and in any instrument delivered pursuant hereto
shall terminate at the Closing Date; provided, however, that this Section 9
shall not limit any covenant or agreement of the parties which by its terms
contemplates performance after the Closing.

 

 

10.             Miscellaneous
Provisions.

 

10.1. All notices, requests, demands and other communications hereunder
shall be in writing and shall be deemed to have been duly given if personally
delivered or mailed by certified mail to the parties hereto at the last address
they shall have given to the Company as their mailing addresses.

 

10.2. Each of the parties hereto hereby agrees that after the Closing
Date, it will from time to time, upon the reasonable request of the other party
hereto, take such further action as the other may reasonably request to carry
out the transfer and sale contemplated by this Agreement.

 

10.3. This Agreement may be executed in any number of counterparts,
each and all of which shall be deemed for all purposes to be one agreement.

 

10.4. This Agreement shall be binding upon and inure to the benefit of
each of the parties hereto and their respective successors and assigns.

 

10.5. This Agreement shall be governed by and construed in accordance
with the laws of the State of Texas.

 

10.6. The headings in this Agreement are intended solely for
convenience of reference and shall be given no effect in the construction or
interpretation of this Agreement.

 

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed as of the day and year first above written.

 

	
  SELLER 

  	
   

  
	
   

  	
   

  
	
  MDI, Inc.

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  
	
  Its:

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  BUYER

  	
   

  
	
   

  	
   

  
	
  214 Investments, Inc.

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  
	
  Its:

  	
   

  

 

 

EXHIBIT A

 

ASSIGNMENT OF MEMBERSHIP INTEREST

 

FOR VALUE RECEIVED, MDI, Inc., a Delaware corporation
(“Assignor”), herewith sells, assigns, transfers and conveys to 214 Investments, Inc..
a Texas corporations (“Assignee”), the entirety of Assignor’s rights, title and
interests as member of and in Structure REDS, LLC, a Texas limited liability
company (the “Company”), which shall include, without limitation, Assignor’s
one hundred percent (100%) membership, capital and profits interest in the
Company, Assignor’s capital account balance in the Company, Assignor’s
distributions and liquidation rights in the Company and Assignor’s voting and
management rights and powers in the Company.

 

IN WITNESS WHEREOF, Assignor has executed this
Assignment this
                      day
of                          ,
2009.

 

	
  MDI, Inc.

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  
	
  Its:

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