Document:

wodi_ex10100.htm

EXHIBIT 10.100
  
 PROMISSORY NOTE
 February 10, 2020
  
 	 $50,000.00

  
 FOR VALUE RECEIVED, the undersigned borrower (the “Borrower”), promises to pay to Sau Lau, a British Columbia Canada resident (the “Lender”) the principal sum of Fifty Thousand Dollars and No Cents ($50,000.00) in principal with a simple interest rate of eight percent (8%). 
  
 Principal and Interest.  For value received, the Borrower hereby promises to pay to the order of the Lender in lawful money of the United States of America and in immediately available funds the principal sum of Fifty Thousand Dollars and No Cents ($50,000.00) plus eight percent (8%) simple interest.
  
 1. Principal and Interest Payment.  The Principal and Interest Payment is due on June 30, 2020. 
  
 2. Waiver and Consent.  To the fullest extent permitted by law and except as otherwise provided herein, the Borrower waives demand, presentment, protest, notice of dishonor, suit against or joinder of any other person, and all other requirements necessary to charge or hold the Borrower liable with respect to this Note.
  
 3. Costs, Indemnities and Expenses.  In the event of default as described herein, the Borrower agrees to pay all reasonable fees and costs incurred by the Lender in collecting or securing or attempting to collect or secure this Note, including reasonable attorneys’ fees and expenses, whether or not involving litigation, collecting upon any judgments and/or appellate or bankruptcy proceedings.  The Borrower agrees to pay any documentary stamp taxes, intangible taxes or other taxes which may now or hereafter apply to this Note or any payment made in respect of this Note, and the Borrower agrees to indemnify and hold the Lender harmless from and against any liability, costs, attorneys’ fees, penalties, interest or expenses relating to any such taxes, as and when the same may be incurred.
  
 4. Event of Default.  An “Event of Default” shall be deemed to have occurred upon the occurrence of any of the following: (i) the Borrower should fail for any reason or for no reason to make any payment of the principal, interest, costs, indemnities, or expenses pursuant to this Note within ten (10) days of the date due as prescribed herein; (ii) any default, whether in whole or in part, in the due observance or performance of any obligations or other covenants, terms or provisions to be performed by the Lender under this Note or any other related agreements hereunder between the Borrower and the Lender of even date herewith which is not cured by the Borrower by any applicable cure period therein, or (iii) the Lender shall:  (1) make a general assignment for the benefit of its creditors; (2) apply for or consent to the appointment of a receiver, trustee, assignee, custodian, sequestrator, liquidator or similar official for itself or any of its assets and properties; (3) commence a voluntary case for relief as a debtor under the United States Bankruptcy Code; (4) file with or otherwise submit to any governmental authority any petition, answer or other document seeking:  (A) reorganization, (B) an arrangement with creditors or (C) to take advantage of any other present or future applicable law respecting bankruptcy, reorganization, insolvency, readjustment of debts, relief of debtors, dissolution or liquidation; (5) file or otherwise submit any answer or other document admitting or failing to contest the material allegations of a petition or other document filed or otherwise submitted against it in any proceeding under any such applicable law, or (6) be adjudicated a bankrupt or insolvent by a court of competent jurisdiction.  Upon an Event of Default (as defined above), the entire principal balance and accrued interest outstanding under this Note, and all other obligations of the Borrower under this Note, shall be immediately due and payable without any action on the part of the Lender, interest shall accrue on the unpaid principal and fees balance at twenty-four percent (24%) per year or the highest rate permitted by applicable law, if lower, and the Lender shall be entitled to seek and institute any and all remedies available to it.  In the event the value of the stock purchased in consideration of this note cannot be sold  for at least this face value the note will be reduced to the amount received from its sale and be considered paid in full.
   	 
	1
	  

	 

  
 5. Collateral.  None.
  
 6. Cancellation of Note. Upon the repayment by the Borrower of all of its obligations hereunder to the Lender, including, without limitation, the principal amount of this Note, plus accrued but unpaid interest, the indebtedness evidenced hereby shall be deemed canceled and paid in full.  Except as otherwise required by law or by the provisions of this Note, payments received by the Lender hereunder shall be applied first against expenses and indemnities, next against interest accrued on this Note, and next in reduction of the outstanding principal balance of this Note.
  
 7. Severability.  If any provision of this Note is, for any reason, invalid or unenforceable, the remaining provisions of this Note will nevertheless be valid and enforceable and will remain in full force and effect.  Any provision of this Note that is held invalid or unenforceable by a court of competent jurisdiction will be deemed modified to the extent necessary to make it valid and enforceable and as so modified will remain in full force and effect.
  
 8. Amendment and Waiver.  This Note may be amended, or any provision of this Note may be waived, provided that any such amendment or waiver will be binding on a party hereto only if such amendment or waiver is set forth in a writing executed by the parties hereto.  The waiver by any such party hereto of a breach of any provision of this Note shall not operate or be construed as a waiver of any other breach.
  
 9. Successors.  Except as otherwise provided herein, this Note shall bind and inure to the benefit of and be enforceable by the parties hereto and their permitted successors and assigns.
  
 10. Assignment.  This Note shall not be directly or indirectly assignable or delegable by the Borrower.  The Lender may assign this Note as long as such assignment complies with the Securities Act of 1933, as amended.
  
 11. No Strict Construction.  The language used in this Note will be deemed to be the language chosen by the parties hereto to express their mutual intent, and no rule of strict construction will be applied against any party.
  
 12. Further Assurances.  Each party hereto will execute all documents and take such other actions as the other party may reasonably request in order to consummate the transactions provided for herein and to accomplish the purposes of this Note.
  
  	 
	2
	  

	 

  
 13. Notices, Consents, etc.  Any notices, consents, waivers or other communications required or permitted to be given under the terms hereof 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 confirmation of transmission is mechanically or electronically generated and kept on file by the sending party); or (iii) one (1) trading day after deposit with a nationally recognized overnight delivery service, in each case properly addressed to the party to receive the same.  The addresses and facsimile numbers for such communications shall be:
   	 If to the Borrower:
	 WOD Retail Solutions, Inc.
 10233 S Parker Rd Ste 300 
 Parker, CO 30134

	  
	  

	 If to the Lender:
	 Sau Lau
 Coquitlam, British Columbia
 Canada

   
 or at such other address and/or facsimile number and/or to the attention of such other person as the recipient party has specified by written notice given to each other party three (3) trading days prior to the effectiveness of such change.  Written confirmation of receipt (A) given by the recipient of such notice, consent, waiver or other communication, (B) mechanically or electronically generated by the sender's facsimile machine containing the time, date, recipient facsimile number and an image of the first page of such transmission or (C) provided by a nationally recognized overnight delivery service, shall be rebuttable evidence of personal service, receipt by facsimile or receipt from a nationally recognized overnight delivery service in accordance with clause (i), (ii) or (iii) above, respectively.
  
 14. Remedies, Other Obligations, Breaches and Injunctive Relief.  The Lender’s remedies provided in this Note shall be cumulative and in addition to all other remedies available to the Lender under this Note, at law or in equity (including a decree of specific performance and/or other injunctive relief), no remedy of the Lender contained herein shall be deemed a waiver of compliance with the provisions giving rise to such remedy and nothing herein shall limit the Lender’s right to pursue actual damages for any failure by the Borrower to comply with the terms of this Note.  No remedy conferred under this Note upon the Lender is intended to be exclusive of any other remedy available to the Lender, pursuant to the terms of this Note or otherwise.  No single or partial exercise by the Lender of any right, power or remedy hereunder shall preclude any other or further exercise thereof.  The failure of the Lender to exercise any right or remedy under this Note or otherwise, or delay in exercising such right or remedy, shall not operate as a waiver thereof.  Every right and remedy of the Lender under any document executed in connection with this transaction may be exercised from time to time and as often as may be deemed expedient by the Lender.  The Borrower acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to the Lender and that the remedy at law for any such breach may be inadequate.  The Borrower therefore agrees that, in the event of any such breach or threatened breach, the Lender shall be entitled, in addition to all other available remedies, to an injunction restraining any breach, and specific performance without the necessity of showing economic loss and without any bond or other security being required.  
  
 15. Governing Law; Jurisdiction. THIS NOTE SHALL BE ENFORCED, GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF FLORIDA APPLICABLE TO AGREEMENTS MADE AND TO BE PERFORMED ENTIRELY WITHIN SUCH STATE, WITHOUT REGARD TO THE PRINCIPLES OF CONFLICT OF LAWS.  THE BORROWER HEREBY SUBMITS TO THE EXCLUSIVE JURISDICTION OF THE UNITED STATES FEDERAL COURTS LOCATED IN PHILADALPHIA, PENNSYLVANIA WITH RESPECT TO ANY DISPUTE ARISING UNDER THIS NOTE, THE AGREEMENTS ENTERED INTO IN CONNECTION HEREWITH OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY. BOTH PARTIES IRREVOCABLY WAIVE THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH SUIT OR PROCEEDING.  BOTH PARTIES FURTHER AGREE THAT SERVICE OF PROCESS UPON A PARTY MAILED BY FIRST CLASS MAIL SHALL BE DEEMED IN EVERY RESPECT EFFECTIVE SERVICE OF PROCESS UPON THE PARTY IN ANY SUCH SUIT OR PROCEEDING.  NOTHING HEREIN SHALL AFFECT EITHER PARTY’S RIGHT TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW.  BOTH PARTIES AGREE THAT A FINAL NON-APPEALABLE JUDGMENT IN ANY SUCH SUIT OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON SUCH JUDGMENT OR IN ANY OTHER LAWFUL MANNER.  THE PARTY WHICH DOES NOT PREVAIL IN ANY DISPUTE ARISING UNDER THIS NOTE SHALL BE RESPONSIBLE FOR ALL FEES AND EXPENSES, INCLUDING ATTORNEYS’ FEES, INCURRED BY THE PREVAILING PARTY IN CONNECTION WITH SUCH DISPUTE.
  
  	 
	3
	  

	 

  
 16. No Inconsistent Agreements.  None of the parties hereto will hereafter enter into any agreement, which is inconsistent with the rights granted to the parties in this Note.
  
 17. Third Parties.  Nothing herein expressed or implied is intended or shall be construed to confer upon or give to any person or entity, other than the parties to this Note and their respective permitted successor and assigns, any rights or remedies under or by reason of this Note.
  
 18. Waiver of Jury Trial.  AS A MATERIAL INDUCEMENT FOR THE LENDER TO LOAN TO THE BORROWER THE MONIES HEREUNDER, THE BORROWER HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING RELATED IN ANY WAY TO THIS AGREEMENT AND/OR ANY AND ALL OF THE OTHER DOCUMENTS ASSOCIATED WITH THIS TRANSACTION.
  
 19. Entire Agreement.  This Note (including any recitals hereto) set forth the entire understanding of the parties with respect to the subject matter hereof, and shall not be modified or affected by any offer, proposal, statement or representation, oral or written, made by or for any party in connection with the negotiation of the terms hereof, and may be modified only by instruments signed by all of the parties hereto. 
  
 IN WITNESS WHEREOF, this Promissory Note is executed by the undersigned as of February 10, 2020.
  
 Borrower
   	 By:
	 /s/ Brenton Mix
	  

	  
	 Brenton Mix, Chief Executive Officer
	  

	  
	 WOD Retail Solutions, Inc.
	  

  
  	 
	4wodi_ex10102.htm

EXHIBIT 10.102
  
 SETTLEMENT AGREEMENT AND GENERAL RELEASE
  
 THIS SETTLEMENT AGREEMENT AND GENERAL RELEASE (the “Agreement”) is entered into as of March 27, 2020 (the “Effective Date”) by and between WOD RETAIL SOLUTIONS INC., a Florida corporation (the “Debtor”) and  Green Stone Group Holdings, LLC, a Michigan  limited liability company (the “Holder”). Holder and Debtor are each a (“Party”) and collectively referred to as the (“Parties”) herein. 
  
 RECITALS 
  
 WHEREAS, Holder provided accounting and audit prep services through its predecessor for the years 2015 through 2018; and 
  
 WHEREAS, the Debtor is liable for the payment of all sums owing for services totaling $71,389 as evidenced by an invoice for its cumulative debt beginning in 2016 presented to the Debtor on March 25, 2019; and 
  
 WHEREAS, Debtor acknowledges and confirms to Holder that it does not have enough cash to pay the debt; and 
  
 WHEREAS, as a result of negotiations between Debtor and Holder, the Parties have proposed a resolution that they deem to be fair and equitable, and by this Agreement, Debtor and Holder wish to compromise, resolve, waive and release any and all claims, known or unknown, by and between them as fully set forth herein which exist or may exist today; and, 
  
 WHEREAS, each Party, without admitting any liability whatsoever, enters into this Agreement to settle all disputes, claims and actions between the Parties, as well as to settle any and all events or relationships between the Parties; and, 
  
 WHEREAS, the Parties wish to memorialize the foregoing in accordance with the terms and conditions set forth in this Agreement. 
  
 AGREEMENT 
  
 NOW, THEREFORE, in consideration of the mutual covenants set forth in this Agreement, and for other good and valuable consideration, the receipt and adequacy of which is acknowledged, the Parties covenant and agree as follows: 
  
 1. TERMS OF SETTLEMENT. As full consideration for this Agreement hereunder, and as full and final satisfaction for settling the debt, Holder hereby accepts  and cancels Seventy-one Thousand Three Hundred Eighty-nine U.S Dollars (USD $71,389) of the debt owed by Debtor to Holder upon payment and receipt of Seven Hundred Fourteen shares (714) of the Debtor Series C Preferred stock. Holder agrees to abide by the terms of the Series C Preferred Designation as attached and filed with the Florida Secretary of State. 
  
 2. MUTUAL RELEASE. Holder, on the one hand, and Debtor, on the other hand, for themselves and their respective predecessors, successors, affiliates, officers, directors, principals, partners, employees, executors, beneficiaries, representatives, agents, assigns, attorneys, and all others claiming by or through them hereby release and forever discharge each other and their respective predecessors, successors, affiliated entities, subsidiaries, parent companies, affiliates, officers, directors, principals, partners, employees, executors, beneficiaries, representatives, agents, assigns, and attorneys from any and all actions, causes of action, suits, proceedings, debts, contracts, controversies, agreements, promises, damages, claims and demands of any kind, nature or description, known or unknown, of any kind whatsoever, whether based upon a tort, contract or other theory of recovery, and whether for compensatory damages, punitive damages or other relief in law, equity or otherwise, that any of the Parties has ever had, now has, or hereafter can, shall or may have for, upon, or by reason of any matter, cause or thing whatsoever from the beginning of the world to the day of the date of this Agreement, including without limitation all claims arising out of or relating to the Assigned Amount of the Debt set forth under the Replacement Note. 
  
  	 
	1
	  

	 

  
 3. NON-DISPARAGEMENT. So long as such Party has not breached this Agreement, each Party shall not in any written or oral communications with any third party, including but not limited to any credit reporting agency, investor or vendor, through any medium, whether tangible, electronic, or otherwise, criticize, ridicule or make any statement which, directly or indirectly, disparages, causes any harm to, or negatively affects the other Party or their affiliates or subsidiaries or any of their respective directors or senior officers or the any of their businesses. Each Party shall not express any negative opinions of the other Party, the other Party’s business, or any affiliates of the other Party. The provision shall be construed broadly and shall govern any statement, express or implied, made concerning any of the Parties, the Parties’ business, or affiliates, subsidiaries or nominees of the Parties, unless required by law. 
  
 4. REMEDIES CUMULATIVE; SPECIFIC PERFORMANCE. The rights and remedies of the Parties hereto shall be cumulative (and not alternative). The Parties to this Agreement agree that, in the event of any breach or threatened breach by any party to this Agreement of any covenant, obligation or other provision set forth in this Agreement for the benefit of any other party to this Agreement, such other party shall be entitled (in addition to any other remedy that may be available to it) to (a) a decree or order of specific performance or mandamus to enforce the observance and performance of such covenant, obligation or other provision, and (b) an injunction restraining such breach or threatened breach. 
  
 5. ENTIRE AGREEMENT; NO ORAL MODIFICATION. This Agreement constitutes the complete and entire written agreement of compromise, settlement and release between the Parties and constitutes the complete expression of the terms of the settlement. All prior and contemporaneous agreements, representations, and negotiations are superseded and merged herein. The terms of this Agreement can only be amended or modified by a writing, signed by duly authorized representatives of all Parties hereto, expressly stating that such modification or amendment is intended. 
  
 6. AUTHORITY TO EXECUTE. Each Party executing this Agreement represents that it is authorized to execute this Agreement. Each person executing this Agreement on behalf of an entity, other than an individual executing this Agreement on his or her own behalf, represents that he, she or it is authorized to execute this Agreement on behalf of said entity. 
  
 7. WAIVER. No failure on the part of any party to exercise any power, right, privilege or remedy under this Agreement, and no delay on the part of any party in exercising any power, right, privilege or remedy under this Agreement, shall operate as a waiver of such power, right, privilege or remedy; and no single or partial exercise of any such power, right, privilege or remedy shall preclude any other or further exercise thereof or of any other power, right, privilege or remedy. 
  
 8. COSTS, FEES AND EXPENSES. In any action taken by the non-breaching Party to enforce its rights under this Agreement, the non-breaching Party shall be entitled to recover its costs, including reasonable attorney's fees, court fees, reliance damages and any and all costs, fees and expenses incurred by the nonbreaching Party in connection with this Agreement. 
  
 9. COUNTERPARTS. This Agreement may be executed in counterparts and, if so executed, each counterpart shall have the full force and effect of an original. Further, a telecopied signature page by any signatory shall constitute an original for all purposes. 
  
 10. GOVERNING LAW. This Agreement shall be governed by and construed in accordance with the laws of the State of Florida. In the event that any one or more of the provisions of this Agreement shall be held to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remainder of the Agreement shall not in any way be affected or impaired thereby. 
  
  	 
	2
	  

	 

  
 11. CONFIDENTIALITY. The existence and terms of this Agreement shall be strictly confidential and shall not be disclosed by either Party, or their representatives, to anyone or any entity under any circumstances, except to your attorneys, governmental agencies that require this information. All the terms of this Agreement, including but not limited to this provision, are material terms of this Agreement. 
  
 12. FURTHER ASSURANCES. The Parties hereby agree that they will execute each further document and perform such further acts, including any and all filings or notices required to be filed with the U.S. Securities & Exchange Commission (“SEC”) or any state and federal securities regulators as may be necessary to properly consummate the settlement contemplated hereunder. 
  
 13. MISCELLANEOUS. Each of the undersigned states that they have read the foregoing Agreement and understands and agrees to it and has had the opportunity to consult with his/her/its professional advisors prior to executing same.  
  
 IN WITNESS WHEREOF, the Parties have entered into this Agreement made and effective as of the date first hereinabove written. 
  
  	 WOD Retail Solutions Inc.
	  
	  
	 Green Stone Group Holdings LLC
	  

	  
	 	 	 	 	 
	 By:
	/s/ Brenton Mix	 	By:	/s/ Manager	 
	  
	Brenton Mix, Chief Executive Officer	 	 	Manager	 

   
 SETTLEMENT AGREEMENT AND GENERAL RELEASE
  
 THIS SETTLEMENT AGREEMENT AND GENERAL RELEASE (the “Agreement”) is entered into as of March 27, 2020 (the “Effective Date”) by and between WOD RETAIL SOLUTIONS INC., a Florida corporation (the “Debtor”) and  MattCarl LLC, a California limited liability company (the “Holder”). Holder and Debtor are each a (“Party”) and collectively referred to as the (“Parties”) herein. 
  
 RECITALS 
  
 WHEREAS, Holder provided audit and review services from one of its predecessors for the years2017 and 2018; and 
  
 WHEREAS, the Debtor is liable for the payment of all sums owing for services totaling $512,500 as evidenced by an invoice presented to the Debtor on March 25, 2019; and 
  
 WHEREAS, Debtor acknowledges and confirms to Holder that it does not have enough cash to pay the debt; and 
  
 WHEREAS, as a result of negotiations between Debtor and Holder, the Parties have proposed a resolution that they deem to be fair and equitable, and by this Agreement, Debtor and Holder wish to compromise, resolve, waive and release any and all claims, known or unknown, by and between them as fully set forth herein which exist or may exist today; and, 
  
 WHEREAS, each Party, without admitting any liability whatsoever, enters into this Agreement to settle all disputes, claims and actions between the Parties, as well as to settle any and all events or relationships between the Parties; and, 
  
 WHEREAS, the Parties wish to memorialize the foregoing in accordance with the terms and conditions set forth in this Agreement. 
  
  	 
	3
	  

	 

  
 AGREEMENT 
  
 NOW, THEREFORE, in consideration of the mutual covenants set forth in this Agreement, and for other good and valuable consideration, the receipt and adequacy of which is acknowledged, the Parties covenant and agree as follows: 
  
 1. TERMS OF SETTLEMENT. As full consideration for this Agreement hereunder, and as full and final satisfaction for settling the debt, Holder hereby accepts  and cancels Five Hundred Twelve Thousand Five Hundred U.S Dollars (USD $512,500) of the debt owed by Debtor to Holder upon payment and receipt of Five Thousand one Hundred Twenty-five shares (5,125) of the Debtor Series C Preferred stock. Holder agrees to abide by the terms of the Series C Preferred Designation as attached and filed with the Florida Secretary of State. 
  
 2. MUTUAL RELEASE. Holder, on the one hand, and Debtor, on the other hand, for themselves and their respective predecessors, successors, affiliates, officers, directors, principals, partners, employees, executors, beneficiaries, representatives, agents, assigns, attorneys, and all others claiming by or through them hereby release and forever discharge each other and their respective predecessors, successors, affiliated entities, subsidiaries, parent companies, affiliates, officers, directors, principals, partners, employees, executors, beneficiaries, representatives, agents, assigns, and attorneys from any and all actions, causes of action, suits, proceedings, debts, contracts, controversies, agreements, promises, damages, claims and demands of any kind, nature or description, known or unknown, of any kind whatsoever, whether based upon a tort, contract or other theory of recovery, and whether for compensatory damages, punitive damages or other relief in law, equity or otherwise, that any of the Parties has ever had, now has, or hereafter can, shall or may have for, upon, or by reason of any matter, cause or thing whatsoever from the beginning of the world to the day of the date of this Agreement, including without limitation all claims arising out of or relating to the Assigned Amount of the Debt set forth under the Replacement Note. 
  
 3. NON-DISPARAGEMENT. So long as such Party has not breached this Agreement, each Party shall not in any written or oral communications with any third party, including but not limited to any credit reporting agency, investor or vendor, through any medium, whether tangible, electronic, or otherwise, criticize, ridicule or make any statement which, directly or indirectly, disparages, causes any harm to, or negatively affects the other Party or their affiliates or subsidiaries or any of their respective directors or senior officers or the any of their businesses. Each Party shall not express any negative opinions of the other Party, the other Party’s business, or any affiliates of the other Party. The provision shall be construed broadly and shall govern any statement, express or implied, made concerning any of the Parties, the Parties’ business, or affiliates, subsidiaries or nominees of the Parties, unless required by law. 
  
 4. REMEDIES CUMULATIVE; SPECIFIC PERFORMANCE. The rights and remedies of the Parties hereto shall be cumulative (and not alternative). The Parties to this Agreement agree that, in the event of any breach or threatened breach by any party to this Agreement of any covenant, obligation or other provision set forth in this Agreement for the benefit of any other party to this Agreement, such other party shall be entitled (in addition to any other remedy that may be available to it) to (a) a decree or order of specific performance or mandamus to enforce the observance and performance of such covenant, obligation or other provision, and (b) an injunction restraining such breach or threatened breach. 
  
 5. ENTIRE AGREEMENT; NO ORAL MODIFICATION. This Agreement constitutes the complete and entire written agreement of compromise, settlement and release between the Parties and constitutes the complete expression of the terms of the settlement. All prior and contemporaneous agreements, representations, and negotiations are superseded and merged herein. The terms of this Agreement can only be amended or modified by a writing, signed by duly authorized representatives of all Parties hereto, expressly stating that such modification or amendment is intended. 
  
  	 
	4
	  

	 

  
 6. AUTHORITY TO EXECUTE. Each Party executing this Agreement represents that it is authorized to execute this Agreement. Each person executing this Agreement on behalf of an entity, other than an individual executing this Agreement on his or her own behalf, represents that he, she or it is authorized to execute this Agreement on behalf of said entity. 
  
 7. WAIVER. No failure on the part of any party to exercise any power, right, privilege or remedy under this Agreement, and no delay on the part of any party in exercising any power, right, privilege or remedy under this Agreement, shall operate as a waiver of such power, right, privilege or remedy; and no single or partial exercise of any such power, right, privilege or remedy shall preclude any other or further exercise thereof or of any other power, right, privilege or remedy. 
  
 8. COSTS, FEES AND EXPENSES. In any action taken by the non-breaching Party to enforce its rights under this Agreement, the non-breaching Party shall be entitled to recover its costs, including reasonable attorney's fees, court fees, reliance damages and any and all costs, fees and expenses incurred by the nonbreaching Party in connection with this Agreement. 
  
 9. COUNTERPARTS. This Agreement may be executed in counterparts and, if so executed, each counterpart shall have the full force and effect of an original. Further, a telecopied signature page by any signatory shall constitute an original for all purposes. 
  
 10. GOVERNING LAW. This Agreement shall be governed by and construed in accordance with the laws of the State of Florida. In the event that any one or more of the provisions of this Agreement shall be held to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remainder of the Agreement shall not in any way be affected or impaired thereby. 
  
 11. CONFIDENTIALITY. The existence and terms of this Agreement shall be strictly confidential and shall not be disclosed by either Party, or their representatives, to anyone or any entity under any circumstances, except to your attorneys, governmental agencies that require this information. All the terms of this Agreement, including but not limited to this provision, are material terms of this Agreement. 
  
 12. FURTHER ASSURANCES. The Parties hereby agree that they will execute each further document and perform such further acts, including any and all filings or notices required to be filed with the U.S. Securities & Exchange Commission (“SEC”) or any state and federal securities regulators as may be necessary to properly consummate the settlement contemplated hereunder. 
  
 13. MISCELLANEOUS. Each of the undersigned states that they have read the foregoing Agreement and understands and agrees to it and has had the opportunity to consult with his/her/its professional advisors prior to executing same.  
  
 IN WITNESS WHEREOF, the Parties have entered into this Agreement made and effective as of the date first hereinabove written. 
  
  	 WOD Retail Solutions Inc.
	  
	  
	 MattCarl LLC
	  

	  
	 	 	 	 	 
	 By:
	/s/ Brenton Mix	 	By:	/s/ Manager	 
	  
	Brenton Mix, Chief Executive Officer	 	 	Manager	 

  
  	 
	5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00307-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00307-of-00352.parquet"}]]