Document:

Exhibit 10.12

 

 

INVESTOR RELATIONS
AGREEMENT

 

This Agreement is
made as of this 26th day of June 2012 (the “Effective Date”), by and between Simplepons, Inc. (the “Company”
or “QPON”), a corporation duly organized and existing under the laws of the State of Delaware, having its principal
place of business at 220 Congress Park Drive, Suite 304, Delray Beach, Florida 33445 and American Capital Ventures, Inc. (the “Consultant”),
a corporation duly organized and existing under the laws of the State of Florida, with offices at 2875 N.E. 191st Street,
Suite 904, Aventura, Florida 33180.

 

WHEREAS,
the Corporation operates as an e-commerce marketplace for luxury home and other consumer products at a discount. The Company provides
products through a flash sale or daily deal for the subscribers of it’s website.

 

WHEREAS, the
Company wishes to retain the services of the Consultant on a non-exclusive basis on the following terms and conditions:

 

1.            The Company
hereby retains the services of the Consultant for a period of 12 months commencing on the Effective Date. At the end of the 45
(forty five) days the Company may, in its sole discretion, terminate this Agreement with 15 days written notice; provided however,
that termination of this Agreement shall not affect Consultant’s right to any compensation that is earned prior to the termination
date.

 

2.            In exchange
for the Consulting Services (as that term is defined below) rendered by Consultant, the Consultant shall receive:

 

a)     On the effective
date of this Agreement, Consultant will be issued 300,000 (three hundred thousand) shares of the restricted common stock of the
Company (the “Shares”), which shall be issued in the following manner: 180,000 (one hundred eighty thousand) in the
name of American Capital Ventures, Inc. and 120,000 (one hundred twenty thousand) in the name of Maplehurst Investment Group, LLC..
Upon 60 days after the effective the Consultant shall receive 200,000 (two hundred thousand) shares of the restricted common stock
of the Company Group, LLC. The Consultant requests the shares be issued as follows: 120,000 in the name of American Capital Ventures
and 80,000 shares to Maplehurst Investment Group, LLC. The parties acknowledge and agree that the Shares shall be fully earned
upon payment and that the date of acquisition of the Shares is the effective date of this Agreement.

 

b)     Out of pocket
expenses will be billed in arrears and are due and payable within (10) days of the Company’s receipt of the bill(s). All
expenses are to be pre-approved by the Company.

 

    	 

    	 

    
  

3.            The Consultant
will use its best efforts to provide the following services to the Company: (a) assist the Company in making presentations to interested
high net worth individuals, brokerage firms, hedge funds and institutional investors that buy and follow the technology and online
retail industry (b) coordinate meetings with analysts to cover the Company’s stock and help disseminate the Company’s
investment profile to these analysts, as well as brokerage firms, hedge fund managers and institutional investors through a variety
of electronic and manual sources, (c) a review of public relations and marketing materials that have been, or may be, distributed
to the U.S. financial community and make appropriate suggestions as to how these materials can or should be changed, (d) advise
the Company on symposium presentations, as well as investor conferences, (e) through media contacts, attempt to initiate interviews
for the Company on news shows such as CNBC, CNN, FOX Business News and Bloomberg and (f) introduce the company to potential business
opportunities that may exist within ACV’s network of contacts. The services referred to in this paragraph shall be known
collectively as the “Consulting Services.”

 

4.            The Consultant
is an independent contractor and shall have no right or authority to create any obligations or responsibility, express or implied,
on behalf of or in the name of the Company, unless specifically authorized in writing by the Company. This is not a joint venture
agreement. No provision of this Agreement shall be construed to preclude the Consultant, or any officer, director, agent, assistant,
affiliate or employee of the Consultant from engaging in any activity whatsoever, including, without limitation, receiving compensation
for managing investments, or acting as an advisor, broker or dealer to, or participate in, any corporation, partnership, trust
or other business entity or from receiving compensation or profit therefore. The Consultant shall have no obligation to present
any business combination to the Company and shall incur no liability for its failure to do so.

 

5.           The Consultant
(including any person or entity acting for or on behalf of the Consultant) shall not be liable for any mistakes of fact, errors
of judgment, for losses sustained by the Company or any subsidiary or for any acts or omissions of any kind, unless caused by
the negligence or intentional misconduct of the Consultant or any person or entity acting for or on behalf of the Consultant.

 

6.            In the event
the Consultant is subject to any action, claim or proceeding resulting from the Company's gross negligence or intentional breach
of its representations, warranties or agreements made hereunder, Company agrees to indemnify and hold harmless the Consultant from
any such action, claim or proceeding. Such indemnification shall include all fees and costs including reasonable attorney fees
which the Consultant may incur. Consultant shall have the right to designate its own counsel for representation arising out of
any indemnification.

 

7.            In the event
the Company is subject to any action, claim or proceeding resulting from the Consultant's gross negligence or intentional breach
of its representations, warranties or agreements made hereunder, Consultant agrees to indemnify and hold harmless the Company from
any such action, claim or proceeding. Such indemnification shall include all fees and costs including reasonable attorney fees
which the Company may incur.

 

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8.            This Agreement
shall be binding upon the Company and the Consultant and their respective successors and assigns. This Agreement may not be assigned
by the Consultant, without the Company’s consent.

 

9.            If any provision
or provisions of this Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever; (i) the validity,
legality and enforceability of the remaining provisions of this Agreement (including, without limitation, each portion of any section
of this Agreement containing any such provision held to be invalid, illegal or unenforceable) shall not in any way be affected
or impaired thereby; and (ii) to the fullest extent possible, the provisions of this Agreement (including, without limitation,
each portion of any section of this Agreement containing any such provision held to be invalid, illegal or unenforceable) shall
be construed so as to give effect to the intent manifested by the provision held invalid illegal or unenforceable.

 

10.          No supplement,
modification or amendment of this Agreement shall be binding unless memorialized in writing, signed by both parties hereto. No
waiver of any of the provisions hereof by either party shall operate as, or constitute, a continuing waiver.

 

11.          This Agreement
may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an original but all of which
shall constitute but one and the same document.

 

12.          This Agreement
shall be governed by the laws of the State of Florida. The parties agree that, should any dispute arise concerning this Agreement,
the dispute shall be litigated in the Courts of Miami-Dade County, Florida, using Florida law without reference to any choice of
law considerations.

 

13.          This Agreement
contains the entire agreement between the parties with respect to the services to be provided to the Company by the Consultant
and supersedes any and all prior understandings, agreement or correspondence between the parties.

 

14. This Agreement
shall not be construed in any manner against the drafter hereof.

 

IN WITNESS WHEREOF,
the Company and the Consultant have caused this Agreement to be signed by their duly authorized representatives as of the day and
year first above written.

 

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	 	Simplepons, Inc. 	 	 	American Capital Ventures, Inc.
	By:	/s/ Brian S. John 	 	By:	
	 	Name: Brian S. John	 	 	Name: Howard
Gostfrand 
	 	Title: CEO	 	 	Title: President 

 

4Exhibit
10.13

 

INVESTOR
RELATIONS AND CONSULTING AGREEMENT

 

THIS INVESTOR RELATIONS
AND CONSULTING AGREEMENT (the “Agreement”) is between SimplePons, Inc., a corporation organized under the laws of Delaware,
whose address is 220 Congress Park Dr. Suite 304. Delray Beach, FL. 33445 (the "Company") and ACORN MANAGEMENT PARTNERS,
L.L.C., a Georgia Limited Liability Company located at 105 Nobel Ct., Suite 205, Alpharetta, GA 30005 (the "Consultant").

 

WHEREAS, the Consultant
is in the business of assisting public companies in financial advisory, strategic business planning, and investor and public relations
services designed to make the investing public knowledgeable about the benefits of stock ownership in particular companies for
which it provides services; 

 

WHEREAS, the Consultant
has developed a proprietary multi-layered system designed to build long term relationships between public companies and their existing
and potential shareholders Worldwide called the Full Market Awareness Program (the “Program”) will be customized by
Consultant to fit Company’s needs in order to assist the Company in achieving its goals of making the investing public knowledgeable
about the benefits of stock ownership in the Company; 

 

WHEREAS, the Company
recognizes that the Consultant is not in the business of stock brokerage, investment advice, or any activities which require registration
under the Securities Act of 1933 (the “Act"), the Securities and Exchange Act of 1934 (the “Exchange Act"),
or the Investment Advisors Act and does not offer services which may require regulation under federal or state securities laws;

 

WHEREAS, the Company
agrees, after having a complete understanding of the services desired by the Company and the services to be provided by the Consultant,
that the Company desires to retain Consultant to provide its services as more fully set forth herein consisting primarily of the
Program (the “Services”) for the Company, and the Consultant is willing to provide the Services to the Company;

 

NOW, THEREFORE, in consideration
of the mutual covenants and promises contained herein, the receipt and sufficiency of which is hereby acknowledged, the parties
agree as follows;

 

1.            DUTIES
AND INVOLVEMENT.

 

The Company hereby engages
Consultant, and Consultant agrees, to provide the Services to the Company which will include various investor and public relations
services as agreed upon by the parties. The Services may include the following services: consulting with the Company's management
concerning assessment of current investor and public relations programs of the Company, marketing surveys, confirmation of investor
accreditation, efforts to expand investor base, investor support, strategic business planning, broker relations, conducting due
diligence meetings, attendance at conventions and trade shows, assistance in the preparation and dissemination of press releases
and stockholder communications, review and assistance in updating a business plan, review and consulting advice on the capital
structure for the Company, and consulting on corporate finance and/or investment banking issues. In addition, the Services may
include production of a corporate profile, fact sheets, flyers, financial analyst and newsletter campaigns, conferences, seminars
and national and international tours, including, but not by way of limitation, due diligence meetings, investor conferences and
institutional conferences, printed media advertising design, television advertisements/commercials, newsletter production, broker
solicitation campaigns, electronic public relations campaigns, direct mail campaigns, placement in investment publications and
press releases, and obtaining third party research coverage. The Services will be performed and directed at a U.S. and international
audience. 

 

    	 

    	 

    
 

RELATIONSHIP AMONG THE
PARTIES.

 

Consultant and Company
acknowledge and agree that in providing the Services the Consultant will be acting as an independent contractor. The Consultant
and its employees and agents are not officers, directors or agents of the Company, and will not be responsible for any management
decisions on behalf of the Company, and may not commit the Company to any action. The Company and the Consultant further acknowledge
and agree that the Consultant does not have, through stock ownership or otherwise, the power to control the Company as “control”
is defined in the Act, the Exchange Act, or as used in common usage.

 

2.            EFFECTIVE
DATE, TERM AND TERMINATION.

 

Subject to earlier termination
according to the terms herein, this Agreement shall be effective on August 6, 2012 and will continue until January 6, 2013.

 

3.            TERM
RENEWAL OR EXTENSION.

 

This Agreement will
not be automatically renewed or extended for any successive term unless by written mutual agreement on terms to be agreed upon.

 

4.            COMPENSATION
AND PAYMENT OF EXPENSES; EARLY TERMINATION.

 

Subject to early termination
in consideration of the Services, the Company agrees to pay to the Consultant the following fees:

 

		Stock:	600,000 shares of restricted common stock to be registered in next S-1filing from the date of
this agreement. 

 

5.            Registration
Obligations

 

At
any time following the signing of the Agreement if the Company files a registration statement with the SEC registering an amount
of securities equal to at least $500,000 (“Registration Statement”), the Company must provide a ten (10) day prior
written notice of the Registration Statement to the Consultant and any subsequent holder of the Restricted Stock and at the written
request and direction of the Consultant and/or subsequent holders must provide piggy back registration rights and include the consultant
and/or subsequent holders shares in the Registration Statement.

 

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Early Termination. The Company may terminate
the engagement at the end of any 90-day period with 7 days prior written (email) notice to the end of the period and will owe no
payment in cash or stock from the date of termination.

 

Payment Terms. 

 

Stock. All stock issued by the Company are
fully earned the date of issue and must be issued in accordance to the terms agreed by both parties as set forth above under 4.
Compensation and Payment of Expenses, within a ten day grace period.

 

The stock shall be restricted
and will bear the following restricted legend:

 

“THE
SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933. AS AMENDED OR ANY STATE
SECURITIES LAWS AND NEITHER THE SECURITIES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR OTHERWISE
DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT OR SUCH LAWS OR AN EXEMPTION FROM
REGISTRATION UNDER SUCH ACT  AND SUCH LAWS WHICH IN THE OPINION OF COUNSEL FOR THE HOLDER. WHICH COUNSEL AND OPINION ARE
REASONABLY SATISFACTORY TO COUNSEL FOR THIS CORPORATION IS AVAILABLE.”

 

The stock will be delivered
to: 

 

ACORN MANAGEMENT PARTNERS,
L.L.C. located at 105 Nobel Ct., Suite 205, Alpharetta, GA 30005

 

Tax ID Number ________________

 

Reimbursable Expenses.
Company agrees to pay for pre-approved costs and expenses incurred in connection with the Services including, without limitation,
lead lists for mailing, postage, printing, design work, lodging, meals and travel, road show and one-on-one meetings. Consultant
agrees to obtain prior written approval for any and all reimbursable expense(s). Prior to starting any project or incur any expenses,
the Consultant will obtain authorization from the Company. Consultant will invoice Company at the beginning of each month for its
reimbursable expenses and Company agrees to pay the reimbursable expenses no later than the 15th calendar day of each month. 

 

6.            SERVICES
NOT EXCLUSIVE.

 

Consultant shall devote
such of its time and effort necessary to the discharge of its duties hereunder. The Company acknowledges that Consultant is engaged
in other business activities, and that it will continue such activities during the Term of this Agreement. Consultant shall not
be restricted from engaging in other business activities during the Term of this Agreement, including, without limitation, providing
services similar to the Services to companies who may compete with the Company.

 

7.            CONFIDENTIALITY.

 

Each party acknowledges
that it may have access to confidential information regarding the other party and its business. Consultant and the Company agree
they will not, during or subsequent to the Term of this Agreement, divulge, furnish or make accessible to any person (other than
with the written permission of the other party) any Confidential Information of the other party. Confidential Information shall
mean information that is not publicly known and which the party intends to keep confidential and informs the other party of its
desire to keep confidential. 

 

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8.            MISCELLANEOUS
PROVISIONS

 

a)            Notices.
All notices required or permitted to be given under this Agreement shall be given in writing and shall be delivered, either personally
or by express delivery service, to the party to be notified. Notice to each party shall be deemed to have been duly given upon
delivery, personally or by courier (such as Federal Express or similar express delivery service), addressed as set forth heretofore,
or to such other address as either party may designate, upon at least ten (10) days' written notice, to the other party. 

 

b)            Time.
Time is of the essence of this Agreement.

 

c)            Presumption.
This Agreement or any section thereof shall not be construed against any party due to the fact that said Agreement or any section
thereof was drafted by said party. 

 

d)            Titles
and Captions. All article, section and paragraph titles or captions contained in this Agreement are for convenience only and shall
not be deemed part of the context nor affect the interpretation of this Agreement.

 

e)            Pronouns
and Plurals. All pronouns and any variations thereof shall be deemed to refer to the masculine, feminine, neuter, singular or plural
as the identity of the Person or Persons may require.

 

f)            Further
Action. The parties hereto shall execute and deliver all documents, provide all information and take or forbear from all such action
as may be necessary or appropriate to achieve the purposes of this Agreement. 

 

g)            Savings
Clause. If any provision of this Agreement, or the application of such provision to any person or circumstance, shall be held invalid,
the remainder of this Agreement, or the application of such provision to persons or circumstances other than those as to which
it is held invalid, shall not be affected thereby.

 

h)            Assignment.
This Agreement may not be assigned by either party hereto without the written consent of the other, but shall be binding upon the
successors of the parties. 

 

i)            Arbitration.

 

i.            If
a dispute arises out of or relates to this Agreement, or the breach thereof, and if said dispute cannot be settled through direct
discussion, the parties agree to first endeavor to settle the dispute in an amicable manner by mediation before resorting to arbitration.
Thereafter, any unresolved controversy or claim arising out of or relating to this Agreement or a breach thereof shall be settled
by arbitration, and judgment upon the award rendered by the Arbitrator may be entered in any court having jurisdiction thereof.

 

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ii.            Any
provisional remedy, which would be available from a court of law, shall be available to the parties to this Agreement from the
Arbitrator pending arbitration.

 

iii.          The
situs of arbitration shall be Palm Beach County, Florida.

 

iv.          In
the event that a dispute results in arbitration, the parties agree that the prevailing party shall be entitled to reasonable attorney's
fees to be fixed by the arbitrator.

 

j)            Governing
law. The Agreement shall be construed by and enforced in accordance with the laws of the State of Florida.

 

k)            Entire
Agreement. This Agreement contains the entire understanding and agreement among the parties. There are no other agreements, conditions
or representations, oral or written, express or implied, with regard thereto. This Agreement may be amended only in writing signed
by all parties. 

 

l)            Waiver.
A delay or failure by any party to exercise a right under this Agreement, or a partial or single exercise of that right, shall
not constitute a waiver of that or any other right.

 

m)            Counterparts.
This Agreement may be executed in duplicate counterparts, each of which shall be deemed an original, but both of which together
shall constitute one and the same Agreement. In the event that the document is signed by one party and faxed to another the parties
agree that a faxed signature shall be binding upon the parties to this agreement as though the signature was an original.

 

n)            Successors.
The provisions of this Agreement shall be binding upon all parties, their successors and assigns.

 

IN WITNESS WHEREOF,
the parties hereto have executed and delivered this Agreement to be effective as of the day and year provided herein.

 

	COMPANY:	 	CONSULTANT
	 	 	 
	SimplePons, Inc.	 	ACORN MANAGEMENT PARTNERS, L.L.C.
	 	 	 
	Title: President/CEO	 	Title: President

  

Date 8/6/12

 

5

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