Document:

SEC Exhibit

Exhibit 10.7
[Form for Employees]
ATLANTICUS HOLDINGS CORPORATION
RESTRICTED STOCK UNIT AGREEMENT
PLAN: Atlanticus Holdings Corporation Amended and Restated 2014 Equity Incentive Plan
NUMBER OF RESTRICTED STOCK UNITS:                     
DATE OF GRANT:                     
THIS RESTRICTED STOCK UNIT AGREEMENT (this “Agreement”), made and entered into this          day of              , 20    , by and between ATLANTICUS HOLDINGS CORPORATION, a Georgia corporation (“Atlanticus”), and                      (the “Grantee”);
W I T N E S S E T H:
WHEREAS, the Atlanticus Holdings Corporation Amended and Restated 2014 Equity Incentive Plan (the “Plan”) has been adopted by Atlanticus; and
WHEREAS, the Plan authorizes the Compensation Committee (“Committee”) to cause Atlanticus to enter into a written agreement with the Grantee setting forth the form and the amount of any award and any conditions and restrictions of the award imposed by the Plan and this Agreement; and
WHEREAS, the Committee desires to make an award to the Grantee consisting of Restricted Stock Units.
NOW, THEREFORE, in consideration of the mutual covenants contained herein, and other good and valuable consideration, including that provided under any non-compete or similar agreement, the receipt and sufficiency of which are hereby acknowledged, Atlanticus and the Grantee hereby agree as follows:
1. General Definitions. Any capitalized terms herein shall have the meanings set forth in the Plan, and, in addition, for purposes of this Agreement, each of the following terms, when used herein, shall have the meanings set forth below:
(a) “Atlanticus” or “Company” shall mean Atlanticus Holdings Corporation.
(b) “Common Stock” shall mean the common stock of Atlanticus, no par value per share.
(c) “Disability” shall have the meaning set forth in Section 22(e)(3) of the Code.
(d) “Restricted Stock Units” or “RSUs” shall mean the number of Restricted Stock Units set forth on page 1 of this Agreement.
(e) “Tax Withholding” shall mean the minimum amount that Atlanticus determines is required under applicable federal, state or local law to be withheld and paid over to governmental taxing authorities by reason of the delivery of shares of Common Stock pursuant to the Restricted Stock Units.
(f) “Vesting Date” shall mean the date that all conditions and restrictions imposed upon the Restricted Stock Units granted in accordance with this Agreement, including vesting pursuant to Section 3, are completely satisfied and the applicable Restricted Stock Units become vested, earned and payable.
2. Grant of Units. Upon the terms and subject to the conditions and limitations hereinafter set forth, the Grantee has been awarded the Restricted Stock Units. Each Restricted Stock Unit corresponds to one share of the Common Stock of the Company. Until the Vesting Date, the Restricted Stock Units represent an unsecured promise of the Company to deliver, and the right of the Grantee to receive, one share of Common Stock of the Company at the time and on the terms and conditions set forth herein for each Restricted Stock Unit that becomes vested, earned and payable. As a holder of RSUs, the Grantee only has the rights of a general unsecured creditor of the Company. Upon the terms and subject to the conditions and limitations herein set forth, the Grantee shall have the right to receive on the Vesting Date one share of the Common Stock of the Company for each Restricted Stock Unit that then becomes vested, earned and payable. Subject to Section 4, as soon as administratively practicable (and no later than 30 days) after the Vesting Date, the shares of Common Stock shall be issued to the Grantee as unlegended shares of Common Stock. Any Restricted Stock Units that do not or cannot become vested, earned and payable pursuant to Section 3 shall be forfeited to Atlanticus.
3. Vesting. Subject to the terms, conditions, and limitations set forth herein, the Vesting Date for the Restricted Stock Units shall occur on [the third anniversary of the Date of Grant (and on such date the Restricted Stock Units shall become 

100% vested, earned and payable)], provided that the Grantee is a full-time employee of Atlanticus (or one of its Affiliates) from the Date of Grant through the applicable date. [Provided that the Grantee is a full-time employee of Atlanticus (or one of its Affiliates) at the time of a “Change in Control,” any Restricted Stock Units that theretofore have not become vested, earned and payable shall immediately become vested, earned and payable upon a “Change in Control.”]

Notwithstanding the foregoing, any Restricted Stock Units that theretofore have not become vested, earned and payable shall immediately become vested, earned and payable upon termination by Atlanticus (or its Affiliates) of Grantee’s employment other than for Cause or in the case of the death or Disability of Grantee while employed by Atlanticus (or one of its Affiliates). A transfer of Grantee from Atlanticus to a subsidiary or vice versa shall not constitute a termination for these purposes.
Upon issuance of the shares of Common Stock, Atlanticus shall retain, and not issue, shares of Common Stock having a Fair Market Value, at the time of issuance, equal to the Tax Withholding, unless prior to the Vesting Date the Grantee has made arrangements satisfactory to Atlanticus regarding the payment of the Tax Withholding.
4. Transfer Subject to Compliance with Securities Laws. Notwithstanding the vesting of any Restricted Stock Units and delivery of shares of Common Stock thereunder, Grantee shall not be entitled to transfer any shares of Common Stock Grantee is issued except in compliance with applicable securities laws.
5. No Right to Continued Employment. The grant evidenced hereby does not confer upon the Grantee the right to continued employment with Atlanticus or any Affiliate, nor shall it interfere with the right of Atlanticus or any Affiliate to terminate Grantee’s employment at any time.
6. Adjustment of RSUs. The number of Restricted Stock Units that may become vested, earned and payable hereunder shall be subject to adjustment from time to time by the Committee in accordance with the terms of the Plan in the event of certain changes in the Common Stock or certain corporate transactions affecting the number or value of the shares of Common Stock.
7. Miscellaneous.
(a) These Restricted Stock Units may only be transferred or assigned in accordance with the terms of the Plan.
(b) The terms of this Agreement shall be binding upon and shall inure to the benefit of any successors or assigns of Atlanticus and of the Grantee.
(c) The Grantee shall not be entitled to vote or to receive dividends with respect to any shares of Common Stock subject to any Restricted Stock Units until vesting of the Restricted Stock Units and issuance of the certificate representing such shares of Common Stock.
(d) This grant has been made pursuant to the Plan and shall be subject to, and governed by, the terms and provisions thereof. The Grantee hereby agrees to be bound by all the terms and provisions of the Plan. In the event of any conflict between the terms of the Plan and this Agreement, the provisions of the Plan shall govern.
(e) This grant is intended to be a Non-409A Award under the Plan.
(f) This Agreement shall be governed by the laws of the State of Georgia.
(g) Atlanticus covenants that it will at all times reserve and keep available, solely for purposes of issue upon vesting of these Restricted Stock Units, a sufficient number of shares of Common Stock to permit issuance of the shares of Common Stock in full on vesting of the Restricted Stock Units.

IN WITNESS WHEREOF, Atlanticus and the Grantee have executed this Agreement as of the day and year first above written.
 
	
			
	ATLANTICUS HOLDINGS CORPORATION

	 
	 

	By:
	 
	 

	Its:
	 
	 

	GRANTEE:STOCK
REDEMPTION AGREEMENT

 

THIS
STOCK REDEMPTION AGREEMENT (this “Agreement”) dated as of 5th May 2016, by and between Consumer
Electronics Ventures Corp. (the “Seller”) and LifeLogger Technologies Corp., a Nevada corporation,
(the “Company”). The Seller and the Company are collectively referred to hereinafter as the “Parties”.

 

RECITALS

 

WHEREAS,
Seller is currently the owner of 50,000,000 shares of the issued and outstanding shares of Common Stock, $0.001 par value (the
“Common Stock”) of the Company.

 

WHEREAS,
Pursuant to the terms and conditions of this Agreement, Seller desires to sell, and Company desires to purchase and subsequently
cancel, all of the Seller’s rights, title, and interest in and to 40,000,000 of the Common Stock (the “Shares”)
as further described herein.

 

NOW,
THEREFORE, in consideration of the covenants, promises and representations set forth herein, and for other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, and intending to be legally bound hereby, the parties agree as follows:

 

1.Agreement
to Purchase and Sell; Share Cancellation. Subject to the terms and conditions of this Agreement, simultaneous with the execution
and delivery of this Agreement, Seller shall sell, assign, transfer, convey, and deliver to the Company, and the Company shall
accept and purchase, the Shares and any and all rights in the Shares to which Seller is entitled, and by doing so Seller shall
be deemed to have assigned all of her rights, titles and interest in and to the Shares to the Company. Such sale of the Shares
shall be evidenced by stock certificates, duly endorsed in blank or accompanied by stock powers duly executed in blank or other
instruments of transfer in form and substance reasonably satisfactory to the transfer agent of the Company. The Company shall
cancel the Shares upon Closing.

 

2.Consideration.
The Seller has agreed to the sale and cancellation of the Shares by the Company to reduce the number of shares of outstanding
Common Stock that is intended to increase the value of the remaining shares of Common Stock held by the Seller.

 

3.Closing;
Deliveries.

 

(a)
The purchase and sale of the Shares shall be held on or before 28th April 2016 (the “Closing”).

 

(b)
At the Closing, Seller shall deliver to the Company (i) one or more stock certificates evidencing the Shares, duly endorsed in
blank or accompanied by stock powers duly executed in blank with medallion guarantee, or other instruments of transfer
in form and substance reasonably satisfactory to the Company, (ii) documents to substantiate identification of Seller (i.e. driver’s
license or Passport) and (iii) such other documents as may be required under applicable law or reasonably requested by the Company.

 

4.Representations
and Warranties of Seller. As an inducement to the Company to enter into this Agreement and to consummate the transactions
contemplated herein, Seller represents and warrants to the Company as follows:

 

4.1Authority.
Seller has the right, power, authority and capacity to execute and deliver this Agreement, to consummate the transactions
contemplated hereby and to perform his obligations under this Agreement. This Agreement constitutes the legal, valid and binding
obligations of Seller, enforceable against Seller in accordance with the terms hereof.

 

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4.2Ownership.
Seller is the sole record and beneficial owner of the Shares, has good and marketable title to the Shares, free and clear
of all Encumbrances (hereafter defined), other than applicable restrictions under applicable securities laws, and has full legal
right and power to sell, transfer and deliver the Shares to the Company in accordance with this Agreement. “Encumbrances”
means any liens, pledges, hypothecations, charges, adverse claims, options, preferential arrangements or restrictions of any kind,
including, without limitation, any restriction of the use, voting, transfer, receipt of income or other exercise of any attributes
of ownership. Upon the execution and delivery of this Agreement, the Company will receive good and marketable title to the Shares,
free and clear of all Encumbrances, other than restrictions imposed pursuant to any applicable securities laws and regulations.
There are no stockholders’ agreements, voting trust, proxies, options, rights of first refusal or any other agreements or
understandings with respect to the Shares.

 

4.3Valid
Issuance. The Shares are duly authorized, validly issued, fully paid and non-assessable, and were not issued in violation
of any preemptive or similar rights.

 

4.4No
Conflict. None of the execution, delivery, or performance of this Agreement, and the consummation of the transactions contemplated
hereby, conflicts or will conflict with, or (with or without notice or lapse of time, or both) result in a termination, breach
or violation of (i) any instrument, contract or agreement to which the Seller is a party or by which he is bound, or to which
the Shares are subject; or (ii) any federal, state, local or foreign law, ordinance, judgment, decree, order, statute, or regulation,
or that of any other governmental body or authority, applicable to the Seller or the Shares.

 

4.5
No Consent. No consent, approval, authorization or order of, or any filing or declaration with any governmental authority
or any other person is required for the consummation by the Seller of any of the transactions on its part contemplated under this
Agreement.

 

4.6No
Other Interest. Except for the remaining shares of Common Stock referenced above, neither Seller nor any of her respective
affiliates has any interest, direct or indirect, in any shares of capital stock or other equity in the Company or has any other
direct or indirect interest in any tangible or intangible property which the Company uses or has used in the business conducted
by the Company, or has any direct or indirect outstanding indebtedness to or from the Company, or related, directly or indirectly,
to its assets, other than the Shares.

 

4.7Affiliate
Status. Seller is an owner of more than ten percent (10%) of the outstanding capital stock of the Company.

 

4.8Full
Disclosure. No representation or warranty of the Seller to the Company in this Agreement omits to state a material fact necessary
to make the statements herein, in light of the circumstances in which they were made, not misleading. There is no fact known to
the Seller that has specific application to the Shares or the Company that materially adversely affects or, as far as can be reasonably
foreseen, materially threatens the Shares or the Company that has not been set forth in this Agreement.

 

5.
Representations and Warranties of the Company. As an inducement to Seller to enter into this Agreement and to consummate
the transactions contemplated herein, the Company represents and warrants to Seller as follows:

 

5.1Authority.
the Company has the right, power, authority and capacity to execute and deliver this Agreement, to consummate the transactions
contemplated hereby and to perform its obligations under this Agreement. This Agreement constitutes the legal, valid and binding
obligations of the Company, enforceable against the Company in accordance with the terms hereof.

 

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5.2No
Consent. No consent, approval, authorization or order of, or any filing or declaration with any governmental authority or
any other person is required for the consummation by the Company of any of the transactions on its part contemplated under this
Agreement.

 

5.3No
Conflict. None of the execution, delivery, or performance of this Agreement, and the consummation of the transactions contemplated
hereby, conflicts or will conflict with, or (with or without notice or lapse of time, or both) result in a termination, breach
or violation of (i) any instrument, contract or agreement to which the Company is a party or by which it is bound; or (ii) any
federal, state, local or foreign law, ordinance, judgment, decree, order, statute, or regulation, or that of any other governmental
body or authority, applicable to the Company.

 

6.Indemnification;
Survival.

 

6.1Indemnification.
Each party hereto shall jointly and severally indemnify and hold harmless the other party and such other party’s agents,
beneficiaries, affiliates, representatives and their respective successors and assigns (collectively, the “Indemnified Persons”)
from and against any and all damages, losses, liabilities, taxes and costs and expenses (including, without limitation, attorneys’
fees and costs) (collectively, “Losses”) resulting directly or indirectly from (a) any inaccuracy, misrepresentation,
breach of warranty or nonfulfillment of any of the representations and warranties of such party in this Agreement, or any actions,
omissions or statements of fact inconsistent with in any material respect any such representation or warranty, (b) any failure
by such party to perform or comply with any agreement, covenant or obligation in this Agreement.

 

6.2Survival.
All representations, warranties, covenants and agreements of the parties contained herein or in any other certificate or document
delivered pursuant hereto shall survive the date hereof until the expiration of the applicable statute of limitations.

 

7.Miscellaneous.

 

7.1Further
Assurances. From time to time, whether at or following the Closing, each party shall make reasonable commercial efforts to
take, or cause to be taken, all actions, and to do, or cause to be done, all things reasonably necessary, proper or advisable,
including as required by applicable laws, to consummate and make effective as promptly as practicable the transactions contemplated
by this Agreement.

 

7.2Notices.
All notices or other communications required or permitted hereunder shall be in writing shall be deemed duly given (a) if
by personal delivery, when so delivered, (b) if mailed, three (3) business days after having been sent by registered or certified
mail, return receipt requested, postage prepaid and addressed to the intended recipient as set forth below, or (c) if sent through
an overnight delivery service in circumstances to which such service guarantees next day delivery, the day following being so
sent to the addresses of the parties as indicated on the signature page hereto. Any party may change the address to which notices
and other communications hereunder are to be delivered by giving the other parties notice in the manner herein set forth.

 

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7.3Choice
of Law; Jurisdiction. This Agreement shall be governed, construed and enforced in accordance with the laws of the State of
Florida, without giving effect to principles of conflicts of law. Each of the parties agree to submit to the jurisdiction of the
federal or state courts located in Palm Beach County, Florida in any actions or proceedings arising out of or relating to this
Agreement. Each of the parties, by execution and delivery of this Agreement, expressly and irrevocably (i) consents and submits
to the personal jurisdiction of any of such courts in any such action or proceeding; (ii) consents to the service of any complaint,
summons, notice or other process relating to any such action or proceeding by delivery thereof to such party as set forth in Section
7.2 above and (iii) waives any claim or defense in any such action or proceeding based on any alleged lack of personal jurisdiction,
improper venue or forum non conveniens or any similar basis. EACH OF THE UNDERSIGNED HEREBY WAIVES FOR ITSELF AND ITS PERMITTED
SUCCESSORS AND ASSIGNS THE RIGHT TO TRIAL BY JURY IN ANY ACTION OR PROCEEDING INSTITUTED IN CONNECTION WITH THIS AGREEMENT.

 

7.4
Entire Agreement. This Agreement sets forth the entire agreement and understanding of the parties in respect of the transactions
contemplated hereby and supersedes all prior and contemporaneous agreements, arrangements and understandings of the parties relating
to the subject matter hereof. No representation, promise, inducement, waiver of rights, agreement or statement of intention has
been made by any of the parties which is not expressly embodied in this Agreement.

 

7.5Assignment. Each party’s rights and obligations under this Agreement shall not be assigned or delegated, by operation of law or
otherwise, without the other party’s prior written consent, and any such assignment or attempted assignment shall be void,
of no force or effect, and shall constitute a material default by such party.

 

7.6Amendments.
This Agreement may be amended, modified, superseded or cancelled, and any of the terms, covenants, representations,
warranties or conditions hereof may be waived, only by a written instrument executed by the parties hereto.

 

7.7Waivers. The failure of any party at any time or times to require performance of any provision hereof shall in no manner affect the
right at a later time to enforce the same. No waiver by any party of any condition, or the breach of any term, covenant, representation
or warranty contained in this Agreement, whether by conduct or otherwise, in any one or more instances shall be deemed to be or
construed as a further or continuing waiver of any such condition or breach or a waiver of any other term, covenant, representation
or warranty of this Agreement.

 

7.8Counterparts. This Agreement may be executed simultaneously in two or more counterparts and by facsimile, each of which shall be deemed
an original, but all of which together shall constitute one and the same instrument.

 

7.9Severability. If
any term, provisions, covenant or restriction of this Agreement is held by a court of competent jurisdiction or other authority
to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall
remain in full force and effect and shall in no way be affected, impaired or invalidated so long as the economic or legal substance
of the transactions contemplated hereby is not affected in any manner materially adverse to any party. Upon such determination,
the parties 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 in order that the transactions contemplated hereby be consummated as originally contemplated
to the fullest extent possible.

 

7.10
Interpretation. The parties agree that this Agreement shall be deemed to have been jointly and equally drafted by them,
and that the provisions of this Agreement therefore shall not be construed against a party or parties on the ground that such
party or parties drafted or was more responsible for the drafting of any such provision(s). The parties further agree that they
have each carefully read the terms and conditions of this Agreement, that they know and understand the contents and effect of
this Agreement and that the legal effect of this Agreement has been fully explained to its satisfaction by counsel of its own
choosing.

 

SIGNATURE
PAGE FOLLOWS.

 

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SIGNATURE
PAGE TO REDEMPTION AGREEMENT

 

IN
WITNESS WHEREOF, the parties have duly executed this Stock Redemption Agreement as of the date first above written.

 

	 	SELLER:
	 	 
	 	Consumer
    Electronics Ventures Corp.
	 	 
	 	By:	/s/
    Andreas Moustra
	 	 	Andreas
    MOUSTRAS
	 	 	Signed
    in Limassol, Cyprus
	 	Title:	Director
	 	 
	 	PURCHASER:
	 	 
	 	LifeLogger
    Technologies Corp.
	 	 
	 	By:	/s/
    Stewart Garner 
	 	 	Stewart
    Garner, Chief Executive Officer

 

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