Document:

EXHIBIT 10.2

 

Receivable   from  the  Company Receivable from  Subsidiaries RM RM a . DIRECTORS FEES 396,000 - b. DIRECTORS' REMUNERATION (i) Gross salary (ii) Allowances (iii) Company's contribution to pension/EPF (iv) Company's  contribution  to  welfare/SOCSO/EIS (v) Commission  received  or receivable on  subscribing or agreeing to subscribe or  procuring or  agreeing to procure  subscriptions  for any  shares in or  debentures of the Company or any  subsidiary of the Company. - - - - - - - - - - DIRECTORS'REMUNERATION,  SHAREHOLDINGS, BENEFITS FROM  CONTRACTS AND BALANCES 1 COMPANY FINANCIAL PERIOD   DIRECTOR LEE T ENTERTAINMEN T SON . BHD. 1 JANUARY 2020 TO 31 DECEMBER 2020  LON G DIN G JUNG 1. REMUNERATION For the purposes of disclosure in the accounts of the Company for the above period, I hereby confirm that the particulars set out below and that the information disclosed relates to all the emoluments receivable by me in respect of my services to the Company and its Subsidiaries whether these emoluments are payable by the Company or by its subsidiaries .

    	 

    	 

    

2 c. FEES for professional services rendered: Amounts  received  or  receivable by  me  or  a  firm  of which I am a member for services rendered in  a professional capacity. d . MONEY VALUE OF BENEFITS Estimated money value of benefits received or receivable otherwise than in cash . Examples of such benefits include the provision of accommodation, private use of Company car, and leave passages . In respect of all taxable benefits, the estimated money value can be based on the value of the benefit assessed or assessable to Malaysian tax les s reimbursements fo r th e benefit . e. PAYMENTS TO THIRD PARTIES Amounts paid to or receivable by any third party in respect of the services provided by me as a director . Number of Ordinary shares At 1/1/2020 I Bought I Sold I At 31/12/2020 Direct shareholdings: Held in Company - - - - Hel d i n Blo w & Driv e Interlock Corp. - No . o f shares - % held - - - - 2. SHAREHOLDINGS AND BENEFITS FROM CONTRACTS For purposes of disclosure in the Directors' Report, where relevant, and determining directors' interest in the shares of the Company and its related companies, I confirm the accuracy of the information presented below : a. Shareholdings in the Company and related companies:

    	 

    	 

    

3 Number of Ordinary shares At 1/1/2020 I Bought I Sold I At 31/12/2020 Shareholdings held by persons connected with Directors * : Held in Company - - - - Held in Blow & Drive Interlock Corp . - No. of shares - % held - - - - * interests  of  the  spouses  or  children  of the  Directors  who  themselves are  not  Directors of  the Company b. Since the end of the previous financial period I have/have not* received or become entitled to receive any benefit (other than a benefit included in section A above) by reason of a contract made by the Company or a related corporation with me or with a firm of which I am a member or with a Company in which I have a substantial interest . [If the above applies, set out below a brief description of the general nature of the benefit] . c. Neither during nor at the end of the financial year was the Company or any of its subsidiaries a party to any arrangement whose object is to enable me to acquire benefits through the acquisition of shares in, or debentures, of the Company or any body corporate other than the benefits described below : - [If applies, please include nature of arrangement and quantify benefits] (The remainder of this page has been intentionally left blank for presentation purposes)

    	 

    	 

    

In RM Due to (a) Due from (a) 2020 720,000* - 2019 504,000 - 4 3.   BALANCE S AN D  TERMS I confirm  that  as 31 December, the balances  due  from/(to) the  Company  and  the  terms of settlement were as follows: * Includes unpaid director's fees of RM216,000 in respect of FYE 2020. (a) The balances are unsecured, interest and are repayable on demand. DirectorEXHIBIT 10.3

 

Receivable from  the  Company Receivable from  Subsidiaries RM RM a. DIRECTORS FEES 60,000 - b. DIRECTORS' REMUNERATION (i) Gross salary (ii) Allowances (iii) Company's contribution to pension/EPF (iv) Company's  contribution  to  welfare/SOCSO/EIS (v) Commission received or receivable on  subscribing or agreeing to subscribe  or  procuring or  agreeing to procure  subscriptions  for any  shares in or  debentures  of  the  Company or any  subsidiary of the Company. - - - - - - - - - - DIRECTORS'REMUNERATION,  SHAREHOLDINGS, BENEFITS FROM  CONTRACTS AND BALANCES 1 COMPANY FINANCIAL PERIOD   DIRECTOR LEE T ENTERTAINMEN T SDN . BHD. 1 JANUARY 2020 T O 31 DECEMBE R 2020   GANESHA KARUPPIAYA 1. REMUNERATION For the purposes of disclosure in the accounts of the Company for the above period, I hereby confirm that the particulars set out below and that the information disclosed relates to all the emoluments receivable by me in respect of my services to the Company and its Subsidiaries whether these emoluments are payable by the Company or by its subsidiaries .

    	 

    	 

    

2 c. FEES for professional services rendered: - Amounts received or receivable by me or a firm  o f whic h I a m a member fo r services rendered in   a professional capacity. d . MONEY VALUE OF  BENEFITS Estimated money value of benefits received or receivable otherwise than in cash . Examples of such benefits include the provision of accommodation, private use of Company car, and leave passages . In respect of all taxable benefits, the estimated money value can be based on the value of the benefit assessed or assessable to Malaysian tax les s reimbursements fo r th e benefit . e. PAYMENTS TO THIRD PARTIES Amounts paid to or receivable by any third party in respect of the services provided by me as a director . Number of Ordinary shares At 1/1/2020 I Bought I Sold I At 31/12/2020 Direct shareholdings: Held in Company - - - - Hel d i n Blo w & Driv e Interlock Corp. - No . of shares - % held - - - - 2. SHAREHOLDINGS AND BENEFITS FROM CONTRACTS For purposes of disclosure in the Directors' Report, where relevant, and determining directors' interest in the shares of the Company and its related companies, I confirm the accuracy of the information presented below : a. Shareholdings in the Company and related companies:

    	 

    	 

    

3 Number of Ordinary shares At 1/1/2020 I Bought I Sold I At 31/12/2020 Shareholding s hel d  b y person s connecte d wit h  Director s *: Held in Company - - - - Held in Blow & Drive Interloc k Cor p . - No. of shares - % held - - - - * interests of the  spouses  or children of the  Directors  who  themselves are not Directors of  the Company b. Since the end of the previous financial period I have/have not* received or become entitled to receive any benefit (other than a benefit included in section A above) by reason of a contract made by the Company or a related corporation with me or with a firm of which I am a member or with a Company in which I have a substantial interest . [If the above applies, set out below a brief description of the general nature of the benefit] . c. Neither during nor at the end of the financial year was the Company or any of its subsidiaries a party to any arrangement whose object is to enable me to acquire benefits through the acquisition of shares in, or debentures, of the Company or any body corporate other than the benefits described below : - [If applies, please include nature of arrangement and quantify benefits] (The remainder of this page has been intentionally left blank for presentation purposes)

    	 

    	 

    

In RM Due to (a) Due from (a) 2020 220,000* - 2019 160,000 - 4 3.   BALANCE S AN D TERMS I confirm  that  as 31 December, the balances  due  from/(to)  the  Company  and  the  terms of settlement were as  follows: ,. Includes unpaid director's  fees of RM60,000 in respect of FYE 2020. (a) The balances are unsecured, interest and are repayable on demand. GANESHA KARUPPIAYA DirectorExhibit
10.1

 

March
9, 2021

 

Joshua
Jacobs

____________________

____________________

 

Re:
Director Separation Agreement

 

Dear
Josh:

 

In
connection with your resignation from the Board of Directors of theMaven, Inc. (the “Company”) effective as
of March 9, 2021 (the “Effective Date”), you and the Company have agreed to the following:

 

1.
Vesting and Exercisability of Stock Options and Restricted Stock Awards. On the Effective Date, (i) all unvested options
under all of the Stock Option Agreements between the Company and you shall immediately vest, automatically and without any further
action by the parties hereto notwithstanding that you, on the previously scheduled vesting dates, may no longer be a director
or service provider to the Company, (ii) all vested options (including those whose vesting occurs pursuant the preceding clause)
under all of the Stock Option Agreements between the Company and you (including, without limitation, the options set forth on
Schedule A) shall continue to be exercisable for the term set forth each in each Stock Option Agreement, and (iii) all
unvested restricted stock awards under all Restricted Stock Agreements between the Company and you shall immediately vest, automatically
and without any further action by the parties hereto notwithstanding that you, on the previously scheduled vesting dates, may
no longer by a director or service provider to the Company. For the avoidance of doubt, all outstanding stock options and restricted
stock awards between you and the Company to which this Paragraph 1 applies are set forth on Schedule A attached hereto.

 

2.
Press Releases and Communications. Both the Company and you shall have mutual consent rights over any press releases, public
communications, and references to you in the Company’s securities filings, relating to your resignation from the Board of
Directors of the Company. You agree that you will not make or cause to be made any disparaging or negative statements about the
Company or any of its directors, officers, or employees, and the Company agrees that it will not, and it will direct its directors
and officers not to, make any disparaging or negative statements about you.

 

3.
Director Agreement. As of the Effective Date, the parties hereby agree that the Director Agreement, dated January 1, 2020,
and as subsequently amended, by and between you and the Company is terminated.

 

    	 

    	 

    

 

4.
Mutual Releases. (i) You, on behalf of yourself and your heirs, personal representatives, successors, and assigns, hereby
release, discharge, and waive any and all claims, counterclaims, actions, or causes of action whether asserted or unasserted and
whether known or unknown which you, he, she, or they have possessed or may possess up until the time of the Effective Date against
the Company and its affiliates, and covenants not to sue any of them for any of such claims, excepting from such release (a) the
terms and conditions of this letter agreement and documents contemplated to be delivered hereby, (b) continued indemnification
under the Company’s Amended and Restated Certificate of Incorporation, as amended, Amended & Restated Bylaws, as amended,
and applicable law, (c) continued coverage as a named insured under all of the Company’s D&O insurance policies, (d)
all rights under stock option and stock award agreements, stockholder, registration rights, investor rights, and similar agreements
to which you and the Company are a party, and (e) all rights as a stockholder of the Company, and (ii) effective on the Effective
Date, and excepting only the terms and conditions of this letter agreement and the documents contemplated to be delivered hereby,
the Company, on behalf of itself and its affiliates and its and their successors and assigns, hereby releases, discharges, and
waives any and all claims, counterclaims, actions, and causes of action whether asserted or unasserted and whether known or unknown
which it, he, she, or they may have possessed or may possess up until the time of the Effective Date against you, and your heirs,
personal representatives, successors, and assigns, including without limitation, any claims in any way related to your acts or
omissions as a director of the Company, or any possible legal, equitable, contract or tort claim, whether based on breach of contract,
fraud, libel, slander, tortious interference with business relations or otherwise, and covenants not to sue any of them for any
such claims. Notwithstanding the foregoing, the Company’s release of you shall not include any claims arising out of or
relating to any of your conduct that is criminal or fraudulent as determined in a final non-appealable judgment.

 

This
letter agreement may be executed in any number of counterparts, which together shall constitute this agreement. This agreement
shall be governed by, and construed in accordance with, the laws of the State of Delaware (without giving effect to the conflict
of laws principles thereof). Any amendments or modifications hereto must be executed in writing by all parties.

 

[Signature
Page Follows]

 

    	 

    	 

    

 

If
the foregoing correctly sets forth our agreement and understanding, please indicate your acceptance of the foregoing by signing
and returning to me a copy of this agreement.

 

	 	Very truly yours,
	 	 	 
	 	THEMAVEN, INC.
	 	 	 
	 	By:	/s/
    Ross Levinsohn
	 	Name:	Ross
    Levinsohn
	 	Title:
    	CEO

 

Accepted
and Agreed:

 

	Name:	/s/
    Joshua Jacobs	 
	 	Joshua
    Jacobs	 
	 	 	 
	Date:	March
    9, 2021	 

 

    	 

    	 

    

 

SCHEDULE
A

 

List
of Stock Options and Restricted Stock Awards

 

	Josh Jacobs Stock Option Grants	 	 	 	 	 	 
	Grant Date	 	Shares	 	 	Strike Price	 
	3/22/2017	 	 	20,000	 	 	$	1.20	 
	5/22/2017	 	 	60,000	 	 	$	1.70	 
	5/22/2017	 	 	240,000	 	 	$	1.11	 
	5/23/2018	 	 	200,000	 	 	$	1.90	 
	5/23/2018	 	 	400,000	 	 	$	1.90	 
	9/13/2018	 	 	1,500,000	 	 	$	0.56	 
	Total	 	 	2,420,000	 	 	 	 	 

 

	Josh Jacobs Restricted Stock Awards	 	 	 	 	 	 
	Grant Date	 	Shares	 	 	Value at Grant	 
	2/6/2020	 	 	62,500	 	 	$	0.75	 
	1/1/2021	 	 	83,333	 	 	$	0.60	 
	Total	 	 	145,833

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00323-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00323-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00323-of-00352.parquet"}]]