Document:

SECOND ADDENDUM TO SHARE EXCHANGE AGREEMENT

This SECOND ADDENDUM TO SHARE EXCHANGE AGREEMENT (the "Second Addendum") effective as of September 30, 2018 (the "Effective Date"), amends the Share Exchange Agreement dated April 17, 2018, and the first Addendum thereto effective August 1, 2018 and is made by and between:

Agora Holdings Inc. , a corporation organized under the laws of the State of Utah ("AGORA");

Oleg Sytnyk, an individual residing in the Ukraine ("Sytnyk"), and,

Oleksandr Bondarenko, an individual residing in the Ukraine ("Bondarenko"), with Sytnyk and Bondarenko referred to as the "Sellers", or collectively as the "Seller".

Agora, Sytnyk and Bondarenko are referred to singularly as a "Party" and collectively as the "Parties."

WHEREAS, Sellers own all of the issued and outstanding shares of ESILKROAD NETWORK LIMITED, a Hong Kong corporation ("eSilkroad"), which in turn holds 95% (ninety-five percent) of the authorized capital of ESILKROAD OF UKRAINE, a limited liability company, registered in the Ukraine;

WHEREAS, ESILKROAD is the owner of certain work in progress and proprietary content, concept and design of the eSilknet (B2B social Network)

WHEREAS, on April 17, 2018 the Parties entered into that certain Share Exchange Agreement, and effective August 1, 2018 the Parties signed an Addendum to the Share Exchange Agreement (Collectively referred to herein as the "the Agreement") and the Parties desire to modify certain of the terms and conditions set forth in the Agreement and have agreed to make certain additional amendments to the Agreement as set out below.

Notwithstanding anything contained in the Agreement to the contrary, the provisions set forth below will be deemed to be a part of the Agreement and shall supersede any contrary provision in the Agreement. All references in the Agreement and in this Addendum shall be construed to mean the Agreement as amended and supplemented by this Addendum. Any inconsistency between the Agreement and this Addendum shall be resolve din favor of the provisions of this Addendum.

	
1.

	
Defined Terms:  All defined terms used in this Addendum, unless specifically defined in this Addendum, shall have the same meaning as such terms have in the Agreement;

	
2.

	
Modification of the Agreement:

Section 2.01(b)  Share Exchange Shall be replaced in its entirety with the following:

(b) In exchange for the delivery of the ESILKROAD Shares, Agora shall provide the following to Sytnyk and Bondarenko at the closing, a total of Fourteen Million Two Hundred and Seventy Three Thousand and Two Hundred (14,273,200) shares of AGORA's common stock (the "Exchange Shares", allocated as follows:

 

Oleg Sytnyk as to 7,136,600 shares

Oleksandr Bondarenko as to 7,136,600 shares

1

Article V – Representations and Warranties of Sytnyk and Bondarenko 5.03 Capitalization (a) shall be replaced in its entirety with the following:

	
(a)

	
ESILKROAD's current total share capital consists of 20,000 authorized and issued and outstanding common shares and 2 non-voting shares, and no authorized preferred shares. The Ordinary and non-voting shares are allocated as follows:

Sytnyk – 50% - 10,000 common shares and 1 non-voting share

Bondarenko – 50% - 10,000 common shares and 1 non-voting share

It is agreed that the 2 non-voting shares shall not form a part of the ESILKROAD SHARES acquired by AGORA.

	
3.

	
Effect to Amendment: Except as expressively modified in this Addendum, all terms, conditions and covenants set forth in the Agreement shall remain in full force and effect among the parties.

	
4.

	
Amendment: This Addendum may be amended, supplemented or modified only by a written instrument duly executed by or on behalf of each party hereto.

	
5.

	
Governing Law: This Addendum shall be governed by and construed and enforced in accordance with the laws of the State of Utah.

	
6.

	
Counterparts: This Addendum maybe executed in any number of counterparts, each of which shall be an original but all of which together, shall constitute one instrument. A facsimile or other electronic transmission of this signed Addendum shall be legal and binding on all parties hereto.

IN WITNESS WHEREOF the Parties hereto have set their hand and seal as of the date first written above.

	
AGORA HOLDINGS INC.  

	
 

	
SELLERS:

 

OLEG SYTNYK

	
 

	
 

	
 

	
 

	
 

	
 

	
By:

	
 /s/Ruben Yakubov

	
 

	
/s/Oleg Sytnyk

	
 

	
Name:

	
 RUBEN YAKUBOV

	
 

	
OLEG SYTNYK

	
 

	
Title:

	
 PRESIDENT

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	 	 	 	
OLEKSANDR BONDARENKO

	 
	 	 	 	 	 
	 	 	 	
/s/Oleksandr Bondarenko

	 
	 	 	 	
OLEKSANDR BONDARENKO

	 

 

2Exhibit 10.1

 

WAIVER AGREEMENT

 

This WAIVER AGREEMENT, dated as of October 3, 2018 (this “Agreement”), to the Indenture is by and among (a) Egalet Corporation, a Delaware corporation (the “Company”), (b) the Guarantors party to the Indenture and (c) the undersigned holder of Notes (the “Waiving Holder”).

 

W I T N E S S E T H:

 

WHEREAS, reference is made to that certain Indenture, dated as of December 27, 2017 (as amended, supplemented or otherwise modified from time to time, the “Indenture”), by and among the Company, the Guarantors and The Bank of New York Mellon, as trustee (the “Trustee”) relating to the Company’s 6.50% Convertible Senior Notes due 2024 (the “Notes”);

 

WHEREAS, capitalized terms used and not otherwise defined herein have the meanings given to them in the Indenture;

 

WHEREAS, the Company is currently exploring a potential restructuring or recapitalization transaction involving, among other things, a potential restructuring or recapitalization of the Notes (the “Potential Transaction”); and

 

WHEREAS, in connection with the negotiation of the Potential Transaction, the Waiving Holder desires to irrevocably waive the Conversion Obligation and its other rights to convert its Notes into Common Stock pursuant to the Indenture.

 

NOW, THEREFORE, in consideration of the foregoing, and the covenants and agreements herein contained, the parties hereto agree as follows:

 

SECTION 1.                            Waiver.

 

(a)                                 The Waiving Holder hereby irrevocably waives the Conversion Obligation and any other rights of the Waiving Holder under the Indenture (including, without limitation, pursuant to Article 14 thereof) to convert all or any portion of its Notes into shares of Common Stock, in each case, with respect to all Notes held by the Waiving Holder or its Affiliates on the date hereof and any Notes that it or its Affiliates may hereafter acquire (collectively, the “Waiving Holder Notes”), and the Company shall not deliver shares to satisfy any conversion submitted by any Waiving Holders.

 

(b)                                 The Waiving Holder agrees to execute and deliver at any time all such further instruments as may be reasonably necessary or appropriate to carry out the intent of this Agreement.

 

SECTION 2.                            Miscellaneous.  Sections 17.01 (Provisions Binding on Company’s Successors), 17.02 (Official Acts by Successor Corporation), 17.03 (Addresses for Notices, Etc.), 17.04 (Governing Law; Jurisdiction), 17.06 (Legal Holidays), 17.07 (No Security Interest Created), 17.08 (Benefits of Indenture), 17.09 (Table of Contents, Headings, Etc.), 17.11 (Execution in Counterparts), 17.12 (Severability), 17.13 (Waiver of Jury Trial) and 17.14 (Force Majeure) shall apply to this Agreement, mutatis mutandis.

 

A COPY OF THIS WAIVER WILL BE DELIVERED BY THE COMPANY AND THE WAIVING HOLDER TO THE TRUSTEE

 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

 

 

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly as of the date first written above.

 

 

	
 
    	
EGALET   CORPORATION
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
EGALET   LIMITED, as Guarantor
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
EGALET   US INC., as Guarantor
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

 

	
 
    	
[WAIVING   HOLDER]
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:Exhibit 4.1

 

	Number _____	Shares _______

 

SEE REVERSE FOR IMPORTANT

NOTICE ON TRANSFER RESTRICTIONS

AND OTHER INFORMATION

 

MEDALIST DIVERSIFIED REIT, INC.

a Corporation Formed Under the Laws of the
State of Maryland

 

THIS CERTIFIES THAT Cede & Co. is the
owner of _________________ (___________) fully paid and non-assessable shares of common stock, $0.01 par value per share, of

 

MEDALIST DIVERSIFIED REIT, INC.

 

(the “Corporation”) transferable
on the books of the Corporation by the holder hereof in person or by duly authorized attorney, upon surrender of this Certificate
properly endorsed. This Certificate and the shares represented hereby are issued and shall be held subject to all of the provisions
of the charter of the Corporation (the “Charter”) and the Bylaws of the Corporation and any amendments thereto.

 

IN WITNESS WHEREOF, the Corporation has
caused this Certificate to be signed by its duly authorized officers this ____ day of ___________, 2018.

 

	__________________________________________	____________________________________________
	Thomas E. Messier	William R. Elliott
	Chairman, Chief Executive Officer, Secretary and Treasurer	Vice Chairman, Chief Operating Officer and President

 

Countersigned and Registered:

V Stock Transfer LLC

Transfer Agent and Registrar

 

	By:	 	 
	 	Authorized Signature	 

 

    	 

     

    

 

IMPORTANT NOTICE

 

THE SECURITIES EVIDENCED
BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTIONS ON TRANSFER AND OWNERSHIP FOR THE PURPOSE OF THE CORPORATION’S MAINTENANCE
OF ITS STATUS AS A REAL ESTATE INVESTMENT TRUST (A “REIT”) UNDER THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE
 “CODE”). SUBJECT TO CERTAIN FURTHER RESTRICTIONS, NO PERSON MAY BENEFICIALLY OWN OR CONSTRUCTIVELY OWN INTERESTS IN
THE CORPORATION IF, AS A RESULT OF SUCH ACQUISITION OR BENEFICIAL OWNERSHIP OR CONSTRUCTIVE OWNERSHIP, (I) SUCH PERSON WOULD OWN
SHARES IN EXCESS OF THE AGGREGATE STOCK OWNERSHIP LIMIT OR THE COMMON STOCK OWNERSHIP LIMIT (II) THE CORPORATION WOULD BE “CLOSELY
HELD” WITHIN THE MEANING OF SECTION 856(H) OF THE CODE (III) THE CORPORATION WOULD FAIL TO QUALIFY AS A REIT OR OTHERWISE
FAIL TO QUALIFY AS A REIT, (IV) ALL OF THE INTERESTS IN THE CORPORATION WOULD BE HELD BY FEWER THAN 100 PERSONS OR (V) ANY INCOME
OF THE CORPORATION THAT WOULD OTHERWISE QUALIFY AS RENTS FROM REAL PROPERTY FOR PURPOSES OF SECTION 856(D) OF THE CODE FAIL TO
QUALIFY AS SUCH. ANY PERSON WHO ACQUIRES, OR ATTEMPTS TO ACQUIRE INTERESTS IN THE CORPORATION IN EXCESS OF THE ABOVE LIMITATIONS
MUST IMMEDIATELY NOTIFY THE CORPORATION; ANY INTERESTS IN THE CORPORATION SO HELD MAY BE SUBJECT TO MANDATORY SALE IN CERTAIN EVENTS,
CERTAIN PURPORTED ACQUISITIONS OF INTERESTS IN THE CORPORATION IN EXCESS OF SUCH LIMITATIONS SHALL BE VOID AB INITIO, AND ANY INTERESTS
IN THE CORPORATION PURPORTED TO BE ACQUIRED OR BENEFICIALLY OWNED OR CONSTRUCTIVELY OWNED IN VIOLATION OF SUCH LIMITATIONS MAY
BE AUTOMATICALLY TRANSFERRED TO A TRUST FOR THE BENEFIT OF A CHARITABLE BENEFICIARY. ALL CAPITALIZED TERMS IN THIS LEGEND HAVE
THE MEANINGS DEFINED IN THE CORPORATION’S CHARTER, A COPY OF WHICH WILL BE SENT WITHOUT CHARGE TO EACH STOCKHOLDER WHO SO
REQUESTS IT.

 

 

 

KEEP THIS CERTIFICATE IN A SAFE PLACE. IF
IT IS LOST, STOLEN,

OR DESTROYED, THE CORPORATION WILL REQUIRE
A BOND OF INDEMNITY AS A

CONDITION TO THE ISSUANCE OF A REPLACEMENT
CERTIFICATE.

 

 

 

The following abbreviations,
when used in the inscription on the face of this Certificate, shall be construed as though they were written out in full according
to applicable laws or regulations:

 

	TEN COM	-	as tenants in common	 	UNIF GIFT MIN ACT ___________________ Custodian
	TEN ENT	-	as tenants by the entireties	 	(Custodian)                                          (Minor)
	JT TEN	-	as joint tenants with right of	 	under Uniform Gifts to Minors Act of
	 	 	survivorship and not as tenants	 	___________________________________
	 	 	in common	 	(State)

 

Additional abbreviations may also be used
though not in the above list.

 

For value received, ______________________________________________ hereby
sells, assigns and transfers unto                                                                                                                                                            (please insert name and address of Assignee, including zip code and Social
Security or other identifying number of Assignee), (                        )
shares of 7.125% Series D Cumulative Preferred Stock, $.01 par value per share, of the Corporation represented by this Certificate
and do hereby irrevocably constitute and appoint                                                                                          agent to transfer the said shares on the books of the Corporation,
with full power of substitution in the premises.

 

	Dated:_______________________________________	 	 
	 	 	NOTICE: The signature to this Assignment must correspond with the name as written upon the face of the Certificate in every particular, without alteration or enlargement or any change whatsoever.

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