Document:

DEVELOPMENT AND 

LICENSING AGREEMENT 

 

EFFECTIVE DATE: May 18, 2011

 

This Development and Licensing
Agreement (the “Agreement”) is made by and between Andover Fund, LLC (“Andover”),
a Delaware corporation, and Infinitap Games, LLC (“Infinitap”), a California limited liability company.

 

1.          Engagement
of Services. Subject to the terms of this Agreement, Infinitap will render the services set forth in Exhibit A
to Andover.

 

2.          Compensation.
Andover will pay Infinitap the fees and revenue share set forth in Exhibit A for services rendered pursuant to this
Agreement. Upon termination of this Agreement for any reason, Infinitap will be paid fees on the basis stated in Exhibit
A for work which has been completed.

 

3.          Ownership
of Work Product. Infinitap hereby agrees to assign to Andover all right, title and interest in and to any work product created
by Infinitap, or to which Infinitap contributes, pursuant to this Agreement (the “Work Product”), including
all copyrights, trademarks, patents, moral rights, contract and licensing rights and other intellectual property rights contained
therein. Infinitap agrees to cooperate with Andover, both during and after the term of this Agreement, in the procurement, maintenance,
and enforcement of Andover’s rights to the Work Product, and to execute, at Andover’s request and expense, all documents
and other instruments necessary to effectuate such assignment, including without limitation, the copyright assignment set forth
as Exhibit B (“Assignment of Copyright”). In the event that Infinitap does not, for any reason,
execute such documents within a reasonable time of Andover’s request, Infinitap hereby irrevocably appoints Andover as Infinitap’s
attorney-in-fact for the purpose of executing such documents on Infinitap’s behalf, which appointment is coupled with an
interest.

 

4.          Waiver
or Assignment of Other Rights. If Infinitap has any rights, including without limitation “artist’s rights”
or “moral rights,” in the Work Product which cannot be assigned, Infinitap agrees to waive enforcement worldwide of
such rights against Andover. In the event that Infinitap has any such rights, that cannot be assigned or waived, Infinitap hereby
grants to Andover an exclusive, worldwide, irrevocable, perpetual license to use, reproduce, distribute, create derivative works
of, publicly perform and publicly display the Work Product in any medium or format, whether now known or later developed.

 

5.          Representations
and Warranties. Infinitap represents and warrants that: (a) Infinitap has the right and unrestricted ability to assign the
Work Product to Andover as set forth in Section 3 (including without limitation the right to assign any Work Product created by
Infinitap’s employees or contractors), and (b) the Work Product will not infringe upon any copyright, patent, trademark,
right of publicity or privacy, or any other proprietary right of any person, whether contractual, statutory or common law. Infinitap
agrees to indemnify Andover from any and all damages, costs, claims, expenses or other liability (including reasonable attorneys’
fees) arising from or relating to the breach or alleged breach by Infinitap of the representations and warranties set forth in
this Section 5.

 

    	 

    	 

    

 

6.          Independent
Contractor Relationship. Infinitap’s relationship with Andover is that of an independent contractor, and nothing in this
Agreement is intended to, or should be construed to, create a partnership, agency, joint venture or employment relationship. Infinitap
will not be entitled to any of the benefits which Andover may make available to its employees, including, but not limited to, group
health or life insurance, profit-sharing or retirement benefits. Infinitap is not authorized to make any representation, contract
or commitment on behalf of Andover unless specifically requested or authorized in writing to do so by an Andover officer. Infinitap
is solely responsible for, and will file, on a timely basis, all tax returns and payments required to be filed with, or made to,
any federal, state or local tax authority with respect to the performance of services and receipt of fees under this Agreement.
Infinitap is solely responsible for its expenses incurred in the course of performing services under this Agreement. No part of
Infinitap’s compensation will be subject to withholding by Andover for the payment of any social security, federal, state
or any other employee payroll taxes.

 

7.          Confidential
Information. Infinitap agrees to hold Andover’s Confidential Information in strict confidence and not to disclose such
Confidential Information to any third parties. “Confidential Information” as used in this Agreement shall mean
all information disclosed by Andover to Infinitap that is not generally known in Andover’s trade or industry and shall include,
without limitation: (a) concepts and ideas relating to the development and distribution of content in any medium or to the current,
future and proposed products or services of Andover or its subsidiaries or affiliates; (b) trade secrets, drawings, inventions,
know-how, software programs, and software source documents; (c) information regarding plans for research, development, new service
offerings or products, marketing and selling, business plans, business forecasts, budgets and unpublished financial statements,
licenses and distribution arrangements, prices and costs, suppliers and customers; (d) existence of any business discussions, negotiations
or agreements between the parties; and (e) any information regarding the skills and compensation of employees, contractors or other
agents of Andover or its subsidiaries or affiliates. Confidential Information also includes proprietary or confidential information
of any third party who may disclose such information to Andover or Infinitap in the course of Andover’s business. Infinitap’s
obligations set forth in this Section 7 shall not apply with respect to any portion of the Confidential Information that Infinitap
can document by competent proof that such portion: (a) was in the public domain at the time it was communicated to Infinitap by
Andover; (b) entered the public domain through no fault of Infinitap, subsequent to the time it was communicated to Infinitap by
Andover; (c) was in Infinitap’s possession free of any obligation of confidence at the time it was communicated to Infinitap
by Andover; (d) was rightfully communicated to Infinitap free of any obligation of confidence subsequent to the time it was communicated
to Infinitap by Andover; (e) was developed by employees or agents of Infinitap independently of and without reference to any information
communicated to Infinitap by Andover; or (f) was communicated by Andover to an unaffiliated third party free of any obligation
of confidence. In addition, Infinitap may disclose Andover’s Confidential Information in response to a valid order by a court
or other governmental body, as otherwise required by law. All Confidential Information furnished to Infinitap by Andover is the
sole and exclusive property of Andover or its suppliers or customers. Upon request by Andover, Infinitap agrees to promptly deliver
to Andover the original and any copies of such Confidential Information.

 

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8.          No
Conflict of Interest. Infinitap warrants that there is no other contract or duty on its part inconsistent with this Agreement.
Infinitap agrees to indemnify Andover from any and all loss or liability incurred by reason of the alleged breach by Infinitap
of any services agreement with any third party.

 

9.          Term
and Termination.

 

             9.1           Term.
The initial term of this Agreement is for two (2) years from the Effective Date set forth above, unless earlier terminated as provided
in this Agreement. Thereafter, this Agreement will automatically renew on its anniversary date, for one (1) year terms, unless
Andover provides fifteen (15) days written notice prior to any such anniversary date that the Agreement shall not renew.

 

            9.2           Termination
by Andover. Andover may terminate this Agreement with or without cause, at any time upon sixty (60) days prior written notice
to Infinitap. Andover also may terminate this Agreement: (i) upon fifteen (15) days written notice in the event of a material breach
by Infinitap of this Agreement, provided that, such breach remains uncured at the end of such fifteen (15) day period; (ii) immediately
in its sole discretion upon Infinitap’s material breach of Sections 7 (“Confidential Information”) or 10 (“Noninterference
with Business”).

 

            9.3           Survival.
The rights and obligations contained in Sections 3 (“Ownership of Work Product”), 4 (“Artist’s and Moral
Rights”), 5 (“Representations and Warranties”), 7 (“Confidential Information”) and 10 (“Noninterference
with Business”) will survive any termination or expiration of this Agreement.

 

10.         Noninterference
with Business. During this Agreement, and for a period of two years immediately following its termination, Infinitap agrees
not to interfere with the business of Andover in any manner. By way of example and not of limitation, Infinitap agrees not to solicit
or induce any employee or independent contractor to terminate or breach an employment, contractual or other relationship with Andover.

 

11.         Successors
and Assigns. Infinitap may not subcontract or otherwise delegate its obligations under this Agreement without Andover’s
prior written consent, which consent may be withheld in Andover’s sole discretion. Subject to the foregoing, this Agreement
will be for the benefit of Andover’s successors and assigns, and will be binding on Infinitap’s assignees.

 

12.         Notices.
Any notice required or permitted by this Agreement shall be in writing and shall be delivered as follows with notice deemed given
as indicated: (i) by personal delivery when delivered personally; (ii) by overnight courier upon written verification of receipt;
(iii) by telecopy or facsimile transmission upon acknowledgment of receipt of electronic transmission; or (iv) by certified or
registered mail, return receipt requested, upon verification of receipt. Notice shall be sent to the addresses set forth below
or such other address as either party may specify in writing.

 

13.         Governing
Law. This Agreement shall be governed in all respects by the laws of the State of California, as such laws are applied to agreements
entered into and to be performed entirely within California between California residents without regard to its conflict of law
principles.

 

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14.         Severability.
Should any provisions of this Agreement be held by a court of law to be illegal, invalid or unenforceable, the legality, validity
and enforceability of the remaining provisions of this Agreement shall not be affected or impaired thereby.

 

15.         Waiver.
The waiver by Andover of a breach of any provision of this Agreement by Infinitap shall not operate or be construed as a waiver
of any other or subsequent breach by Infinitap.

 

16.         Injunctive
Relief for Breach. Infinitap’s obligations under this Agreement are of a unique character that gives them particular
value; breach of any of such obligations will result in irreparable and continuing damage to Andover for which there will be no
adequate remedy at law; and, in the event of such breach, Andover will be entitled to injunctive relief and/or a decree for specific
performance, and such other and further relief as may be proper (including monetary damages if appropriate).

 

17.         Entire
Agreement. This Agreement, including all Exhibits, and Exhibit C, which is a license agreement between Andover
and Infinitap, constitutes the entire agreement between the parties relating to this subject matter and supersedes all prior or
contemporaneous oral or written agreements concerning such subject matter. The terms of this Agreement will govern all services
undertaken by Infinitap for Andover. This Agreement may only be changed by mutual agreement of authorized representatives of the
parties in writing.

 

[Signature page follows]

 

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

 

 

	ANDOVER FUND, LLC 	INFINITAP GAMES 	 
	 	 	 
	 	By:	/s/ Matt Gilgenbach	 
	By:  /s/ Benjamin Lewis	Name:	Matt Gilgenbach	 
	Name: Benjamin Lewis	Title:	President	 
	Title:  Cofounder	Address:	7308 De Soto Ave #19	 
	Address:  427 N Tatnall St, #61508	Canoga Park, CA 91303	 
	Wilmington, Delaware  19801-2230	Tel:	(310)463-7695	 
	 	Fax:	 	 

   

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EXHIBIT A

 

SERVICES:

 

Infinitap shall provide the following services to Andover during
the term of the Agreement:

 

Build an Android game where the user creates a Dinosaur Zoo/Park.
The platform and game concept can be changed if both parties agree. (the “Work Product”).

 

FEES AND REVENUE SHARE:

 

A.           Fees
to be paid by Andover to Infinitap:

 

Payment upon execution of this Agreement: $32,500

 

When product is completed as agreed between
the parties and shipped: $32,500

 

B.           Revenue
Share between Andover and Infinitap shall take place in the following manner:

 

Andover shall pay Infinitap twenty percent (20%) of the
net revenue paid to Andover by Apple/Tapjoy after deducting marketing credits (the “Revenue Share”). The Revenue
Share shall not become effective unless and until Andover first receives $65,000 in net revenue after deducting marketing credits
paid by Apple/Tapjoy.

 

Updates: After the initial release of the Work
Product, the Revenue Share shall remain as described above. For “Minor Updates, defined as a dot release such as 1.0
or 1.1, Andover shall pay Infinitap $5,000 for each Minor Update. For “Major Updates,” defined as a number release
such as 1.1 to 2.0, Andover shall pay Infinitap $10,000 for each Major Update.

 

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EXHIBIT B

 

ASSIGNMENT OF COPYRIGHT

 

For good and valuable consideration which has been received, the
undersigned sells, assigns and transfers to Andover Fund, LLC and its successors and assigns, the copyright in and to the following
work, which was created by the following indicated author(s):

 

	Title:	Dino Park	 

 

	Author(s)	Matt Gilgenbach, Jeremiah Fullbright, Brandon Dicks, Joe Grabowski	 

 

	Copyright Office Identification No. (if any):	 	 

 

and all of the right, title and interest of the under signed, vested
and contingent, therein and thereto.

 

Executed this 18th day of May, 2011.

 

	 	Signature:	/s/ Matt Gilgenbach	 
	 	 	 	 
	 	Printed Name:	Matt Gilgenbach	 

 

    	7ANDOVER FUND, LLC

 

LICENSE AGREEMENT

 

This License Agreement (this “Agreement”)
is made and entered into as of May 18th, 2011 (the “Effective Date”), between the licensor, Andover
Fund, LLC, a Delaware limited liability company (“Andover”), and the licensee, Infinitap Games (“Infinitap”).

 

WHEREAS, simultaneously with
the execution of this Agreement, Andover and Infinitap will enter into a Development and License Agreement (the “Development
Agreement”), whereby Infinitap shall develop, assign and license to Andover that certain Work Product, as defined in
the Development Agreement;

 

WHEREAS, Andover wishes to license to Infinitap
the Work Product developed under the Development Agreement.

 

THEREFORE, THE PARTIES HEREBY AGREE AS FOLLOWS:

 

1.     License

 

a.           Grant.
Subject to the terms and conditions of this Agreement, Andover hereby grants to Infinitap a fully-paid, non-exclusive, non-transferable,
non-sublicensable, perpetual, worldwide right and license (the “License”) to use, copy, reproduce, and modify
the Work Product.

 

b.           Modifications
and Derivative Works. The License includes the right for Infinitap to develop, or have developed, modifications and derivative
works of the Work Product. Such modifications and derivative works will be subject to the terms of this Agreement, provided that
Infinitap shall not be required to provide Andover with any copies of such modifications or derivative works, except to the extent
they are developed specifically for Andover under the Development Agreement. Andover will not have rights to use or license such
modifications or derivative works, except to the extent that any such modifications or derivative works are independently developed
by Andover or its affiliates, or are developed for Andover by Infinitap under the Development Agreement.

 

c.           Limitation
on Sub-License. Infinitap may not sub-license the Work Product without the prior written consent of Andover.

 

2.      Proprietary
Rights. Subject to the terms of this Agreement, Andover reserves all right, title, and interest in and to the Work Product
and all intellectual property rights associated with the Work Product, and no title to or ownership of any Work Product or associated
intellectual property rights is transferred to Infinitap under this Agreement.

 

    	 

    	 

    

  

3.     Miscellaneous

 

a.           Relationship
of the Parties. The parties hereunder are acting in performance of this Agreement as independent contractors engaged in the
operation of their own respective businesses. This Agreement will not be interpreted or construed as creating or evidencing any
association, joint venture or partnership between the parties or as imposing any partnership obligation or liability on either
party. Nothing in this Agreement is intended to, or will, create any third party beneficiaries.

 

b.           
Notices. Any notice or other communication under this Agreement given by any party to any other party will be in writing and
will be delivered in person or sent by certified mail, postage prepaid, to the intended recipient at the address specified below
its signature at the end of this Agreement. Any party may from time to time change such address by giving the other parties notice
of such change in accordance with this Section.

 

c.           Assignment.
Infinitap may not assign or transfer this Agreement or any or all of its rights or obligations hereunder without the prior
written consent of Andover. Andover may freely assign or transfer this license without the consent of Infinitap. Subject to the
foregoing, this Agreement, and all of the rights and obligation therein, including the rights and obligations in this section,
will be binding upon, inure to the benefit of, and be enforceable by the parties and their respective successors and assigns.

 

d.           Governing
Law. This Agreement will be interpreted, construed, and enforced in accordance with the laws of the State of California, without
reference to its choice of law principles.

 

e.           Entire
Agreement. This Agreement and the Development Agreement constitute the entire and exclusive agreement between the parties regarding
the License and the Work Product, and supersede all prior understandings and agreements between the parties with respect thereto.
No modification to this Agreement, or any waiver of any rights, will be effective unless consented to in writing, and the waiver
of any breach or default will not constitute a waiver of any other right or of any subsequent breach or default.

 

f.            Conflict.
To the extent any provision of this Agreement conflicts with the Development Agreement, the provisions of the Development Agreement
shall control.

 

[Signature page follows]

 

    	 

    	 

    

  

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

 

	ANDOVER FUND, LLC 	 	INFINITAP GAMES
	 	 	 	 
		 	By: 	/s/ Matt Gilgenbach
	 	 	 	 
	By: /s/ Benjamin Lewis	 	Name:	Matt Gilgenbach
	 	 	 	 
	Name: Benjamin Lewis	 	Title: 	President
	 	 	 	 
	Title:  Cofounder	 	Address: 	7308 De Soto Ave #19
	 	 	 	 
	Address:  427 N Tatnall St, #61508	 	Canoga Park, CA 91303
	 	 	 	 
	Wilmington, Delaware  19801-2230	 	Tel: 	(310)463-7695
	 	 	 	 
	 	 	Fax:

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