Document:

SHARE
EXCHANGE AGREEMENT

 

 THIS AGREEMENT made this 26th day
of August, 2011, between Cloud Data Corporation, a corporation organized under the laws of the state of Nevada (the “Seller”),
it’s Stockholders (the “Selling Shareholders”); and Microelectronics Technology Company, a corporation organized
under the laws of the state of Nevada, (the “Purchaser”).

 

BACKGROUND

 

The Seller desires to exchange
70,000,000 common shares in the capital stock of the Seller (the “Seller’s
Shares”), being all of the outstanding shares of the Seller that they hold in
exchange for 70,000,000 shares of restricted common stock of the Purchaser (the “Restricted Shares”) convertible at
$0.002 per share, in a share exchange, following which, the Seller will become a wholly-owned subsidiary of the Purchaser.

 

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

 

ARTICLE I

EXCHANGE OF SHARES

 

I.1Purchase and Sale. Subject to
the conditions and upon the terms hereinafter set forth, the Purchaser agrees to purchase and the Seller agrees to sell to the
Purchaser all of their right, title and interest in and to the Seller’s Shares.

 

I.2Purchase Price. The purchase
price for the Sellers Shares will be paid by the Purchaser by issuing to the Seller’s a total of 70,000,000 Restricted Shares
of the Purchaser in proportion to each Selling Shareholders interest in the Seller as set out in Schedule 1 hereto. For purposes
of this transaction the share price of $0.002 is being used to calculate the value of this acquisition.

 

I.3Closing. The Closing of this
transaction will take place on August 26, 2011 (the “Closing Date”), or such other date as the Parties may agree.

 

I.4Securities Law Exemptions and Resale
Restrictions. The distribution of the Seller’s Shares to the Selling Shareholders
shall be made in reliance on the exemptions from the registration requirements of the United States Securities Act of 1933
contained in Regulation S under the said act. The issuance of the Shares to Selling Shareholders resident in the United States
of America shall be made in reliance on the exemptions from the registration requirements of the United States Securities Act
of 1933 contained in Rule 506 of Regulation D under the said act. 

 

I.5Board of Directors and Officers.
The existing Director, President of the Seller will become the Director and President of the Purchaser.

 

I.6Name Change. The current
Board of Directors will agree to make application for a name change within a reasonable period of time if requested by the Seller.

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ARTICLE II

REPRESENTATIONS AND WARRANTIES OF THE SELLER

 

The Seller and the Selling
Shareholders represent to the Purchaser the following:

 

II.1Organization. The Seller is
a corporation duly organized, validly existing, and in good standing under the laws of the state of Nevada, has all necessary legal
powers to own properties and carry on its business, and is duly qualified to do business and is in good standing in all relevant
jurisdictions. All actions taken by the directors and/or shareholders of the Seller have been valid and in accordance with all
applicable laws.

 

II.2Capital. The authorized share
capital of the Seller consists of seventy five million (75,000,000) of common shares. As of the date hereof, 70,000,000 common
shares are issued and outstanding as fully paid and non-assessable common shares in the capital of the Seller Shares held by the
Selling Shareholders as set forth in Schedule 1 hereto.

 

II.3Financial Statements. The Seller
has provided the Purchaser with financial statements that fairly present the financial position and the results of its operations
for the periods indicated.

 

II.4Liabilities. The Selling Shareholders
are not aware of any pending, threatened or asserted claims, lawsuits or contingencies involving the Seller, except those set forth
in the financial statements. There is no dispute of any kind between the Seller and any third party, and no such dispute will exist
at the Closing of this Agreement.

 

II.5Binding
Agreement.  This Agreement has been duly executed and delivered by the Seller and constitutes a valid and binding obligation
on its part.

 

II.6Ability to Carry Out Obligations.
 The Seller has the right, power, and authority to enter into and perform its obligations under this Agreement. The execution
and delivery of this Agreement by the Seller and the performance by the Seller of its obligations hereunder will not cause, constitute,
or conflict with or result in (a) any breach or violation or any of the provisions of or constitute a default under any license,
indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which the Seller
is a party or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required,
(b) an event that would cause the Seller to be liable to any party, or (c) an event that would result in the creation or imposition
of any lien, charge, or encumbrance on any asset of the Seller .

 

II.7Full Disclosure. None of the
representations and warranties made in this Agreement by the Seller contains or will contain any untrue statement of a material
fact or omit any material fact the omission of which would be misleading.

 

II.8Compliance with Laws. The Seller
has complied with all, and is not in violation of any, federal, state, or local statute, law, and regulation. Seller has complied
with all federal and state securities laws in connection with the offer, sale and distribution of its securities.

 

II.9Litigation.  The Seller is not
a party to any suit, action, arbitration, or legal, administrative, or other proceeding or pending governmental investigation,
and there is no basis for any such action or proceeding, and no such action or proceeding is threatened against the Seller.

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II.10Conduct of Business. Prior
to the Closing, the Seller shall not, without the consent of the Purchaser (i) amend its constating documents or Bylaws, (ii) issue,
or enter into any agreements to issue, any securities of the Seller, including without limitation, shares, warrants, options, convertible
securities of or rights to purchase any securities of the Seller (iii) redeem, purchase or otherwise acquire or commit to acquire
any shares in the capital of the Seller (iv) effect any subdivision, consolidation, or reclassification of any of the securities
of the Seller (v) declare dividends or redeem or sell stock or other securities, except as part of completing its spin off transaction,
(vi) incur any liabilities, (vii) acquire or dispose of any assets, enter into any contract, or guarantee obligations of any third
party, or (viii) enter into any other transaction.

 

II.11Truth of Representations. All
of these representations shall be true as of the Closing and shall survive the Closing for a period of one year.

 

II.12No Bankruptcy. No proceedings
have been taken, are pending or authorized by the Seller or by any other person in respect to the bankruptcy, insolvency, liquidation,
dissolution or winding up of the Seller.

 

II.13Absence of Conflict. The Seller
is not a party to, bound or affected by any agreement which would be violated, breached or terminated by, or which would result
in creation or imposition of any Lien upon any of the Seller’s Shares as a consequence of the execution and delivery of this
Agreement or the consummation of the transactions contemplated in this Agreement. The Seller’s execution of this Agreement
and the consummation of transactions contemplated herein do not and will not conflict with, or result in a breach of, or constitute
a default under the terms or conditions of any constating documents or by-laws of the Seller, any court or administrative order
or process, any agreement or instrument to which the Seller is party or by which it is bound.

 

II.14Taxes.
The Seller is not now and at the Closing Date will not be in arrears or in default in respect of the filing of any required
federal, state, provincial or municipal tax or other return, and to the best of the Seller’s knowledge, no such return contains
any misstatement or conceals any statement that should have been included therein. The Seller has paid and will pay all taxes,
filing fees and other assessments due and payable or collectable. The Seller has withheld and will withhold up to the Closing Date
from each payment made to any employee the amount of all taxes (including but not limited to income tax) and other deductions required
to be withheld therefrom and has paid or will pay such amounts to the proper tax or other receiving authority.

 

 

 

ARTICLE III

REPRESENTATIONS AND WARRANTIES OF THE PURCHASER

 

The Purchaser represents
to the Seller and the Selling Shareholders the following:

 

III.1Organization. The Purchaser
is a corporation duly organized, validly existing, and in good standing under the laws of the state of Nevada, has all necessary
corporate powers to own properties and carry on a business, and is duly qualified to do business and is in good standing in all
relevant jurisdictions. All actions taken by the directors and/or shareholders of the Purchaser have been valid and in accordance
with all applicable laws.

 

III.2Capital. The authorized share
capital of the Purchaser consists of 200,000,000 common shares. As of the date hereof, 54,133,345 common shares are issued and
outstanding as fully paid and non-assessable common shares in the capital of the Purchaser. There are no outstanding agreements,
warrants, options or rights, or rights not previously disclosed, capable of becoming an agreement for the purchase or issuance
of the Purchaser’s Shares, except as provided for in this Agreement.

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III.3Financial Statements. The Purchaser
has provided the Seller and the Selling Shareholders with access through links on its website to its Information Statement as filed
with the SEC, as posted at www.sec.gov, complete with financial statements that fairly present the financial position and the results
of its operations for the periods indicated.

 

III.4Liabilities. The Purchaser
is not aware of any pending, threatened or asserted claims, lawsuits or contingencies involving the Purchaser, except those set
forth in the financial statements. There is no dispute of any kind between the Purchaser and any third party, and no such dispute
will exist at the Closing of this Agreement.

 

III.5Binding Agreement. This Agreement
has been duly executed and delivered by the Purchaser and constitutes a valid and binding obligation on its part.

 

III.6Ability to Carry Out Obligations.
The Purchaser has the right, power, and authority to enter into and perform its obligations under this Agreement. The execution
and delivery of this Agreement by the Purchaser and the performance by the Purchaser of its obligations hereunder will not cause,
constitute, or conflict with or result in any breach or violation or any of the provisions of or constitute a default under any
license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which
the Purchaser is a party or by which they may be bound, nor will any consents or authorizations of any party other than those hereto
be required.

 

III.7Full Disclosure. None of the
representations and warranties made in this Agreement by the Purchaser or on its behalf contains or will contain any untrue statement
of a material fact or omit any material fact the omission of which would be misleading.

 

III.8Compliance with Laws. The Purchaser
has complied with all, and is not in violation of any, federal, state, or local statute, law, and regulation. The Purchaser has
complied with all federal and state securities laws in connection with the offer, sale and distribution of its securities.

 

III.9Litigation. The Purchaser is
not a party to any suit, action, arbitration, or legal, administrative, or other proceeding or pending governmental investigation.
To the best of the Purchaser’s knowledge, there is no basis for any such action or proceeding, and no such action or proceeding
is threatened against the Purchaser. The Purchaser is not subject to or in default with respect to any order, writ, injunction,
or decree of any federal, state, local, or foreign court, department, agency, or instrumentality.

 

III.10Conduct of Business. Prior
to the Closing, the Purchaser shall not, without the consent of the Selling Shareholders (i) amend its constating documents or
Bylaws, (ii) issue, or enter into any agreements to issue any securities of the Purchaser, including without limitation, shares
warrants, options, convertible securities of or rights to purchase any securities of the Purchaser (iii) redeem, purchase or otherwise
acquire or commit to acquire any shares in the capital of the Purchaser (iv) effect any subdivision, consolidation, or reclassification
of any of the securities of the Purchaser (v) declare dividends or redeem or sell stock or other securities, except as part of
completing its spin off transaction, (vi) incur any liabilities, (vii) acquire or dispose of any assets, enter into any contract,
or guarantee obligations of any third party, or (viii) enter into any other transaction.

 

III.11Truth of Representations.
All of these representations shall be true as of the Closing and shall survive the Closing for a period of one year.

 

III.12No Bankruptcy. No proceedings
have been taken, are pending or authorized by the Purchaser or by any other person in respect to the bankruptcy, insolvency, liquidation,
dissolution or winding up of the Purchaser.

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III.13Absence of Conflict. The Purchaser
is not a party to, bound or affected by any agreement which would be violated, breached or terminated by, or which would result
in creation or imposition of any Lien upon any of the Shares as a consequence of the execution and delivery of this Agreement or
the consummation of the transactions contemplated in this Agreement. The Purchaser’s execution of this Agreement and the
consummation of transactions contemplated herein do not and will not conflict with, or result in a breach of, or constitute a default
under the terms or conditions of any constating documents or by-laws of the Purchaser, any court or administrative order or process,
any agreement or instrument to which the Purchaser is party or by which it is bound.

 

III.14Taxes.
The Purchaser is not now and at the Closing Date will not be in arrears or in default in respect of the filing of any
required federal, state, provincial or municipal tax or other return, and to the best of the Purchaser’s knowledge, no such
return contains any misstatement or conceals any statement that should have been included therein. The Purchaser has paid and will
pay all taxes, filing fees and other assessments due and payable or collectable. The Purchaser has withheld and will withhold up
to the Closing Date from each payment made to any employee the amount of all taxes (including but not limited to income tax) and
other deductions required to be withheld therefrom and has paid or will pay such amounts to the proper tax or other receiving authority.

 

III.15Quotation
Status. The common shares of the Purchaser are quoted for trading on the OTC:
PK under the symbol MELY.OTC: PK and no suspension of trading is in effect against the securities of the Purchaser thereon.
The Purchaser is in good standing with said exchange and is not in default under any
of its rules, policies or by-laws (the fact of being listed on said exchange and the foregoing state of affairs being hereinafter
known as the “Quotation Status”).

 

 

ARTICLE IV

REMEDIES

 

IV.1Arbitration. Any controversy
or claim arising out of, or relating to, this Agreement, or the making, performance, or interpretation thereof, shall be settled
by arbitration in Las Vegas, Nevada, in accordance with the Rules of the American Arbitration Association then existing, and judgment
on the arbitration award may be entered in any court having jurisdiction over the subject matter of the controversy.

 

IV.2Indemnification. Each party
agrees to indemnify the other against all actual losses, damages and expenses caused by (i) any material breach of this Agreement
or any material misrepresentation contained herein, or (ii) any misstatement of a material fact or omission to state a material
fact required to be stated herein or necessary to make the statements herein not misleading.

 

IV.3Other Remedies. The foregoing
indemnification provision is in addition to, and not derogation of, any statutory, equitable or common law remedy any party may
have for breach of representation, warranty, covenant or agreement.

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ARTICLE V

CLOSING MATTERS

 

V.1Date, Time and Place of Closing.
The closing will take place on the Closing Date at 1:00 p.m. (Pacific Standard Time) at 14 Monarch Bay Plaza, Monarch By CA
92629, or such other location to be agreed upon between the Parties. 

 

V.2The Share Exchange. On the Closing
Date:

 

(a)The Purchaser will deliver
to the Selling Shareholders, an aggregate of 70,000,000 fully paid and non-assessable Shares in the capital of the Purchaser, as
directed by the Seller, in proportion with each Selling Shareholder’s interest in the Seller as set out in Schedule 1 hereto;
and

 

(b)The Seller and the Selling
Shareholders will deliver to the Purchaser one (1) certificate, registered as directed by the Purchaser, for 70,000,000 fully paid
and non-assessable Seller’s Shares all of the issued and outstanding shares of the Seller.

 

V.3Failure to Close. If the share
exchange does not occur within 15 days of the Closing Date, or such earlier or later date as the Parties may agree, the Parties
agree to unwind the transaction and return all parties to the position that they were in prior to the transactions contemplated
herein.

 

 

ARTICLE VI

MISCELLANEOUS

 

VI.1Captions and Headings. The article
and paragraph headings throughout this Agreement are for convenience and reference only, and shall in no way be deemed to define,
limit, or add to the meaning of any provision of this Agreement.

 

VI.2No Oral Change. This Agreement
and any provision hereof may not be waived, changed, modified, or discharged orally but only by an agreement in writing signed
by the party against whom enforcement of any waiver, change, modification, or discharge is sought.

 

VI.3Non Waiver. Except as otherwise
expressly provided herein, no waiver of any covenant, condition, or provision of this Agreement shall be deemed to have been made
unless expressly in writing and signed by the party against whom such waiver is charged; and (i) the failure of any party to insist
in any one or more cases upon the performance of any of the provisions, covenants, or conditions of this Agreement or to exercise
any option herein contained shall not be construed as a waiver or relinquishment for the future of any such provisions, covenants,
or conditions, (ii) the acceptance of performance of anything required by this Agreement to be performed with knowledge of the
breach or failure of a covenant, condition, or provision hereof shall not be deemed a waiver of such breach or failure, and (iii)
no waiver by any party of one breach by another party shall be construed as a waiver with respect to any other or subsequent breach.

 

VI.4Entire Agreement. This Agreement,
including any and all attachments hereto, if any, contains the entire Agreement and understanding between the parties hereto and
supersedes all prior agreements and understandings, whether written or oral.

 

VI.5Counterparts. This Agreement
may be executed simultaneously in one or more counterparts, each of which shall be deemed an original, but all of which together
shall constitute one and the same instrument. Facsimile signatures will be acceptable to all parties as originals.

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VI.6Notices. All notices, requests,
demands, and other communications under this Agreement shall be in writing and shall be deemed to have been duly given on the date
of service if served personally on the party to whom notice is to be given, or on the third day after mailing if mailed to the
party to whom notice is to be given, by first class mail, registered or certified, postage prepaid, or on the second day if faxed,
and properly addressed or faxed.

 

VI.7Binding Effect. This Agreement
shall inure to and be binding upon the heirs, executors, personal representatives, successors and assigns of each of the parties
to this Agreement.

 

VI.8Effect of Closing. All representations,
warranties, covenants, and agreements of the parties contained in this Agreement, or in any instrument, certificate, opinion, or
other writing provided for in it, shall be true and correct as of the closing and shall survive the Closing of this Agreement for
a period of one year.

 

VI.9Mutual Cooperation. The parties
hereto shall cooperate with each other to achieve the purpose of this Agreement, and shall execute such other and further documents
and take such other and further actions as may be necessary or convenient to effect the transaction described herein.

 

VI.10Counterpart Signatures. This
Agreement may be executed in two or more counterparts, all of which when taken together shall be considered one and the same agreement
and shall become effective when counterparts have been signed by each party and delivered to the other party, it being understood
that both parties need not sign the same counterpart. In the event that any signature is delivered by facsimile transmission, such
signature shall create a valid and binding obligation of the party executing (or on whose behalf such signature is executed) the
same with the same force and effect as if such facsimile signature page were an original thereof.

 

VI.11Severability. In case any one
or more of the provisions of this Agreement shall be invalid or unenforceable in any respect, the validity and enforceability of
the remaining terms and provisions of this Agreement shall not in any way be affected or impaired thereby and the parties will
attempt to agree upon a valid and enforceable provision which shall be a reasonable substitute therefore, and upon so agreeing,
shall incorporate such substitute provision in this Agreement.

 

Rest of Page left blank.

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In witness
whereof, this Agreement has been duly executed by the parties hereto as of the date first above written.

 

 

Microelectronics
Technology Company. (“Purchaser”)

 

 

By:
/s/ Edward Manetta

Name: Edward Manetta

 

Title: President

 

Date: August 26, 2011.

 

 

CLOUD
DATA CORPORATION (“sELLER”)

 

By:
/s/ Edward Manetta

Name: Edward Manetta

 

Title: President

 

Date: August 26, 2011.

    	8June 9, 2011

 

PERSONAL AND CONFIDENTIAL

 

PANACHE, LLC

234 5th Ave., Suite 415

New York, NY

Attn: James
Dale, Managing Member

 

 

Dear Mr. Dale:

 

This exclusive
service agreement ("Agreement") confirms the terms and conditions of the engagement of Greentree Financial Group, Inc.
("Greentree") by PANACHE, LLC. (the
"Company") to render certain professional services to the Company in connection with the Company's strategic and financial
plans to list on the United States capital markets ( NASDAQ & OTCBB market).

 

1.    
Services. Greentree agrees to perform the following services:

 

(a)  
Assist the Company in evaluating a prospective merger candidate with Due Diligence, including
obtaining its updated financial statements, shareholder list, official copies of its stock registration records;

 

(b) 
Assist the Company in preparing closing documents, such as Plan of Exchange, etc. in connection
with the proposed reverse takeover (“RTO”);

 

(c)  
If applicable, assist the Company in preparing its compliance filings, such as Schedule 14C,
14F-1, etc. with the Securities and Exchange Commission, including the required shareholder mailing at the Company’s expense;

 

(d) 
If applicable, assist the Company in preparing Super 8-K to fully
disclose the proposed RTO, and other required information;

 

 

Client initials:___

(e)  
Assist the Company in processing name change, including CUSIP application and FINRA notification;

 

(f)  
Assist the Company in preparing Board Resolutions and Majority Shareholders consent regarding
the aforementioned events;

 

(g) 
Assist the Company in State filing to notify of action;

 

(h) 
Apply for EDGAR codes for the Company’s affiliates, such as officers, directors and
beneficial owners;

 

(i)   
Provide EDGAR services for the compliance filings set forth in this Agreement;

 

(j)   
Assist the Company in its structuring of a private bridge offering of up to $200,000 to cover
listing expenses subject to terms approved by the Company

 

(k) 
Assist the Company in evaluating a $2 million equity facility with Dutchess, LP

 

2.Fees. The Company agrees to pay
Greentree for its services a professional service fee ("Service Fee") of 520,000 post-reorganized common stock of the
proposed public company, or 3% of the post RTO shares issued and outstanding, whichever is greater, payable upon listing. The deemed
value of the services is $450,000 based on a $15million initial valuation.

 

Notes:

 

	Auditing and quarterly
auditor review fees are not included in this agreement and should be paid directly by the Company to their independent auditors.

 

	The Company agrees to
act reasonably and in good faith to expediently enter into and move forward with a “going public” transaction in a
timely manner.

 

	In addition to any fees
that may be payable to Greentree under this letter, the Company agrees to reimburse Greentree, upon request made from time to time,
for its reasonable out-of-pocket expenses incurred in connection with Greentree’s activities under this letter, including
the reasonable fees and disbursements of its legal counsel.

 

Client initials:___

 

3.    
Term. The term of this Agreement shall commence on signing
of this Agreement and end on September 9, 2011 (the "Term"). This Agreement
may be renewed upon mutual written agreement of the parties hereto. This agreement may be terminated by the Company prior to its
expiration or services being rendered with 45 days prior written notice to Greentree. Any obligation pursuant to this Paragraph
3, and pursuant to Paragraphs 2 (payment of fees), 4 (indemnification), 5 (other matters), 6 (governing law) and 9 (miscellaneous)
hereof, shall survive the termination or expiration of this Agreement. As stated in the foregoing sentence, the parties specifically
agree that in the event the Company terminates this Agreement prior to expiration of the Term, the full Service Fee shall become
immediately due and payable.

 

4.      
Indemnification. In addition to the payment of fees and reimbursement of fees and expenses
provided for above, the Company agrees to indemnify Greentree and its affiliates with regard to the matters contemplated herein,
as set forth in Exhibit A, attached hereto, which is incorporated by reference as if fully set forth herein. 

 

5.      
Matters Relating to Engagement. The Company acknowledges that Greentree has been retained
solely to provide the services set forth in this Agreement. In rendering such services, Greentree shall act as an independent contractor,
and any duties of Greentree arising out of its engagement hereunder shall be owed solely to the Company. The Company further acknowledges
that Greentree may perform certain of the services described herein through one or more of its affiliates.

 

The Company acknowledges
that Greentree is a consulting firm that is engaged in providing consulting services. The Company acknowledges and agrees that
in connection with the performance of Greentree's services hereunder (or any other services) that neither Greentree nor any of
its employees will be providing the Company with legal, tax or accounting advice or guidance (and no advice or guidance provided
by Greentree or its employees to the Company should be construed as such) and that neither Greentree nor its employees hold itself
or themselves out to be advisors as to legal, tax, accounting or regulatory matters in any jurisdiction. Greentree may retain attorneys
and accountants that are for Greentree’s benefit and Greentree may recommend a particular law firm or accounting firm to

 

 

Client initials:___

be engaged by the Company and may pay the legal
expenses or accounting expenses associated with that referral on behalf of the Company, after full disclosure to the Company and
the Company’s consent that Greentree make such payment on its behalf. However, Greentree makes no recommendation as to the
outcome of such referrals. The Company shall consult with its own legal, tax, accounting and other advisors concerning all matters
and advice rendered by Greentree to the Company, and the Company shall be responsible for making its own independent investigation
and appraisal of the risks, benefits and suitability of the advice and guidance given by Greentree to the Company. Neither Greentree
nor its employees shall have any responsibility or liability whatsoever to the Company or its affiliates with respect thereto.

 

The Company recognizes
and confirms that in performing its duties pursuant to this Agreement, Greentree will be using and relying on data, material, and
other information furnished by the Company, a third party provider, or their respective employees and representatives (“the
Information”). The Company will cooperate with Greentree and will furnish Greentree with all Information concerning the Company
and any financial information or organizational or transactional information which Greentree deems appropriate, and Company will
provide Greentree with access to the Company's officers, directors, employees, independent accountants and legal counsel for the
purpose of performing Greentree's obligations pursuant to this Agreement. The Company hereby agrees and represents that all Information
furnished to Greentree pursuant to this Agreement shall be accurate and complete in all material respects at the time provided,
and that, if the Information becomes materially inaccurate, incomplete or misleading during the term of Greentree's engagement
hereunder, the Company shall promptly advise Greentree in writing. Accordingly, Greentree assumes no responsibility for the accuracy
and completeness of the Information. In rendering its services, Greentree will be using and relying upon the Information without
independent verification evaluation thereof.

 

6.Governing Law and Consent
to Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of the State of Florida,
without regard to conflict of laws provisions. All disputes arising out of or in connection with this agreement, or in respect
of any legal relationship associated with or derived from this agreement, shall only be heard in any competent court residing in
Broward County Florida. Company agrees that a final judgment
in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any
manner provided by law. 

Client initials:___

The Company
further waives any objection to venue in any such action or proceeding on the basis
of inconvenient forum. The Company agrees that any action on or proceeding brought against the Greentree shall only be brought
in such courts.

 

7.No Brokers. The Company represents
and warrants to Greentree that there are no brokers, representatives or other persons which have an interest in compensation due
to Greentree from any services contemplated herein.

 

8. Authorization. The Company and Greentree
represent and warrant that each has all requisite power and authority, and all necessary authorizations, to enter into and carry
out the terms and provisions of this Agreement and the execution, delivery and performance of this Agreement does not breach or
conflict with any agreement, document or instrument (including contracts, wills, agreements, records and wire receipts, etc.) to
which it is a party or bound.

 

9.Miscellaneous. This Agreement
constitutes the entire understanding and agreement between the Company and Greentree with respect to the subject matter hereof
and supersedes all prior understandings or agreements between the parties with respect thereto, whether oral or written, express
or implied. Any amendments or modifications must be executed in writing by both parties. This Agreement and all rights, liabilities
and obligations hereunder shall be binding upon and inure to the benefit of each party’s successors but may not be assigned
without the prior written approval of the other party. If any provision of this Agreement shall be held or made invalid by a statute,
rule, regulation, decision of a tribunal or otherwise, the remainder of this Agreement shall not be affected thereby and, to this
extent, the provisions of this Agreement shall be deemed to be severable. This Agreement may be executed in any number of counterparts,
each of which shall be deemed to be an original, but such counterparts shall, together, constitute only one instrument. The descriptive
headings of the Paragraphs of this Agreement are inserted for convenience only, do not constitute a part of this Agreement and
shall not affect in any way the meaning or interpretation of this Agreement.

 

Please confirm that the
foregoing correctly sets forth our agreement by signing below in the space provided and returning this Agreement to Greentree for
execution, which shall constitute a binding agreement as of the date first above written.

 

 

 

 

Client initials:___

Thank you. We look forward
to a mutually rewarding relationship.

 

GREENTREE FINANCIAL GROUP, INC.

 

By:______________________________

Name:R. Chris Cottone

Title:Vice President

 

AGREED TO AND ACCEPTED

DATE: June 9, 2011

 

PANACHE, LLC.

 

 

By:______________________________

Name:James Dale

Title:Managing Member

 

AGREED TO AND ACCEPTED

DATE: June 9, 2011

 

     

     

    

 

EXHIBIT
A: INDEMNIFICATION

 

The Company agrees to indemnify
Greentree, its employees, directors, officers, agents, affiliates, and each person, if any, who controls it within the meaning
of either Section 20 of the Securities Exchange Act of 1934 or Section 15 of the Securities Act of 1933 (each such person, including
Greentree is referred to as "Indemnified Party") from and against any losses, claims, damages and liabilities, joint
or several (including all legal or other expenses reasonably incurred by an Indemnified Party in connection with the preparation
for or defense of any threatened or pending claim, action or proceeding, whether or not resulting in any liability) ("Damages"),
to which such Indemnified Party, in connection with providing its services or arising out of its engagement hereunder, may become
subject under any applicable Federal or state law or otherwise, including but not limited to liability or loss (i) caused by or
arising out of an untrue statement or an alleged untrue statement of a material fact or omission or alleged omission to state a
material fact necessary in order to make a statement not misleading in light of the circumstances under which it was made, (ii)
caused by or arising out of any act or failure to act, or (iii) arising out of Greentree's engagement or the rendering by any Indemnified
Party of its services under this Agreement; provided, however, that the Company will not be liable to the Indemnified Party hereunder
to the extent that any Damages are found in a final non-appealable judgment by a court of competent jurisdiction to have resulted
from the gross negligence or willful misconduct of the Indemnified Party seeking indemnification hereunder.

 

These indemnification provisions
shall be in addition to any liability which the Company may otherwise have to any Indemnified Party.

 

If for any reason, other
than a final non-appealable judgment finding an Indemnified Party liable for Damages for its gross negligence or willful misconduct
the foregoing indemnity is unavailable to an Indemnified Party or insufficient to hold an Indemnified Party harmless, then the
Company shall contribute to the amount paid or payable by an Indemnified Party as a result of such Damages in such proportion as
is appropriate to reflect not only the relative benefits received by the Company and its shareholders on the one hand and the Indemnified
Party on the other, but also the relative fault of the Company and the Indemnified Party as well as any relevant equitable considerations.

 

 

 

Client initials:___

 

Promptly after receipt
by the Indemnified Party of notice of any claim or of the commencement of any action in respect of which indemnity may be sought,
the Indemnified Party will notify the Company in writing of the receipt or commencement thereof and the Company shall have the
right to assume the defense of such claim or action (including the employment of counsel reasonably satisfactory to the Indemnified
Party and the payment of fees and expenses of such counsel), provided that the Indemnified Party shall have the right to control
its defense if, in the opinion of its counsel, the Indemnified Party's defense is unique or separate to it as the case may be,
as opposed to a defense pertaining to the Company. In any event, the Indemnified Party shall have the right to retain counsel reasonably
satisfactory to the Company, at the Company's sole expense, to represent it in any claim or action in respect of which indemnity
may be sought and agrees to cooperate with the Company and the Company's counsel in the defense of such claim or action. In the
event that the Company does not promptly assume the defense of a claim or action, the Indemnified Party shall have the right to
employ counsel to defend such claim or action. Any obligation pursuant to this Annex shall survive the termination or expiration
of the Agreement

 

 

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Client initials:___

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