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  Exhibit 10.1

 

AMENDED AND RESTATED STOCKHOLDERS’ AGREEMENT

 

This
AMENDED AND RESTATED
STOCKHOLDERS’ AGREEMENT (this
“Agreement”), dated as of February 8, 2017, is entered
into by and among (i) Smart Server, Inc., a Nevada corporation (the
“Company”), (ii) Berrard Holdings Limited Partnership,
a Delaware limited partnership (“BHLP”), (iii) Steven
R. Berrard (“Berrard” and together with BHLP,
“Berrard Holders”), (iv) Marshall Chesrown
(“Chesrown” and together with Berrard Holders, the
“Major Stockholders” and each, a “Major
Stockholder”), and (v) the other stockholders of the Company
listed on the signature page (the “Other Stockholders”)
(each of the Company, the Major Stockholders and the Other
Stockholders is a “Party” and collectively are referred
to in this Agreement as the “Parties”).

 

WHEREAS, the Parties desire to provide
for certain governance rights and other matters, and to set forth
certain rights and obligations of the Parties with respect to the
Company and the Common Stock (as defined below) owned by such Party
on and after the date hereof.

 

NOW THEREFORE, in consideration of the
mutual covenants and agreements contained in this Agreement, the
receipt and sufficiency of which are hereby acknowledged, the
Parties agree as follows:

ARTICLE
I

DEFINITIONS

As used
in this Agreement, the following terms shall have the following
respective meanings:

 

“Accepting Party” has the
meaning set forth in Section 2.5(a)(ii).

 

“Affiliate” means, with
respect to any Person, any (a) director, officer, limited or
general partner, member or stockholder holding five percent (5%) or
more of the outstanding capital stock or other equity interests of
such Person, (b) spouse, parent, sibling or descendant of such
Person (or a spouse, parent, sibling or descendant of a Person
specified in clause (a) above relating to such Person) and (c)
other Person that, directly or indirectly, through one or more
intermediaries, Controls, or is Controlled by, or is under common
Control with, such Person.

 

“Agreement”
has the meaning set forth in the preamble.

 

“Approved Sale” has the
meaning set forth in Section 2.4(a).

 

“Beneficial Owner” has the
meaning given to such term in Rule 13d-3 and Rule 13d-5 promulgated
under the Securities Exchange Act.

 

“Berrard”
has the meaning set forth in the preamble.

 

“Berrard Director” has the
meaning set forth in Section 2.1(d).

 

“Berrard
Holders” has the meaning set forth in the
preamble.

 

“BHLP” has
the meaning set forth in the preamble.

 

“Board”
means the Board of Directors of the Company.

 

“Change of Control
Transaction” means a transaction or a series of
related transactions (including by way of merger, consolidation,
recapitalization, or reorganization, but excluding a Stock Sale)
the result of which is that the stockholders of the Company
immediately prior to such transaction or series of related
transactions are (after giving effect to such transaction or series
of related transactions) no longer, in the aggregate, the
Beneficial Owners, directly or indirectly through one or more
intermediaries, of more than 50% of the issued and outstanding
voting securities of the Company.

 

 

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“Charter” has the meaning
set forth in Section 2.1(b).

 

“Chesrown”
has the meaning set forth in the preamble.

 

“Chesrown Directors” has
the meaning set forth in Section 2.1(a).

 

“Committee” has the
meaning set forth in Section 2.1(b).

 

“Common
Stock” means the shares of any class of common stock
of the Company.

 

“Company”
has the meaning set forth in the preamble.

 

“Company Transaction
Notice” has the meaning set forth in Section
2.4(a).

 

“Control” means
(including, with correlative meanings, “controlled by” and
“under common
control with”), with respect to any Person, the
possession, directly or indirectly, of the power to direct or cause
the direction of the management or policies of a Person, whether
through the ownership of voting securities, by contract or
otherwise.

 

“Equity Securities” means
all shares of capital stock of the Company, including, without
limitation, all securities convertible into or exchangeable for
shares of capital stock of the Company, and all options, warrants,
and other rights to purchase or otherwise acquire from the Company
shares of such capital stock, including any stock appreciation or
similar rights, contractual or otherwise.

“Exchange Act” means the
Securities Exchange Act of 1934, as amended.

 

“Exempt Sale” means a sale
of Common Stock if the number of shares being sold, together with
all sales of Common Stock sold for the account of the seller within
three months from the date of the proposed sale do not exceed 1% of
the shares of Common Stock outstanding as shown by the most recent
report or statement published by the Company.

 

“Exiting Major
Stockholder” has the meaning set forth in Section
2.5(b).

 

“Exiting Stockholder” has
the meaning set forth in Section 2.5(a).

 

“Exiting Stockholder
Notice” has the meaning set forth in Section
2.5(a)(i).

 

“Independent Third Party”
means any Person who is not a Stockholder or an Affiliate of any
Stockholder.

 

“Major
Stockholders” has the meaning set forth in the
preamble and “Major
Stockholder” means each of them.

 

“Minimum Threshold” has
the meaning set forth in Section 2.1(a).

 

“Offered Shares” has the
meaning set forth in Section 2.5(a).

 

“Other
Stockholders” has the meaning set forth in the
preamble.

 

“Parties”
has the meaning set forth in the preamble and “Party” means each of
them.

 

 

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“Permitted
Transfer” means any of the foregoing: (a)
a Transfer of Equity Securities as a bona fide gift,
(b) a Transfer to such Stockholder’s family or by will
or intestate succession to such Stockholder’s family or to a
trust, the beneficiaries of which are exclusively such Stockholder
or members of such Stockholder’s family, (c) a Transfer
by such Stockholder to any entity that is directly or indirectly
Controlled by, or is under common Control with, such Stockholder,
(d) the establishment of a trading plan pursuant to Rule
10b5-1 under the Exchange Act for the sale of Equity Securities,
provided that such plan
does not provide for the transfer of Equity Securities during the
Restricted Period, (e) a Transfer of Equity Securities for
purposes of paying any such Stockholder’s tax liability
related to or in connection with vested equity awards of the
Company or (f) in the case of NextGen Dealer Solutions, LLC a
transfer to Halcyon Consulting, LLC.

 

“Person” means an
individual, a partnership, a corporation, a limited liability
company, an association, a joint stock company, a trust, a joint
venture, an unincorporated organization, association or other
entity or a governmental entity.

 

“Public Offering” means
any underwritten sale of common equity securities of the Company or
any of its subsidiaries (or any corporate successor to either of
them) pursuant to an effective registration statement under the
Securities Act filed with the SEC.

 

“Restricted Period” means
the earlier of (i) October 19, 2017, or (ii) the date on which the
Company receives at least $3,500,000 in proceeds of any equity
financing.

 

“ROFO Acceptance Notice”
has the meaning set forth in Section 2.5(a)(ii).

 

“ROFO Notice Period” has
the meaning set forth in Section 2.5(a)(i).

 

“Sale of the Company”
means either (i) the sale, lease, license, transfer, conveyance or
other disposition, in one transaction or a series of related
transactions, of all or substantially all of the assets of the
Company and its subsidiaries, taken as a whole, including through a
direct or indirect sale of subsidiary equity securities, or (ii) a
Change of Control Transaction.

 

“SEC” means the U.S.
Securities and Exchange Commission.

 

“Securities Act” means the
Securities Act of 1933, as amended.

 

“Selling Stockholders” has
the meaning set forth in Section 2.4(b).

 

“Stock Sale” has the
meaning set forth in Section 2.4(b).

 

“Stock Sale Notice” has
the meaning set forth in Section 2.4(b).

 

“Stockholders” means the
Major Stockholders and the Other Stockholders and
“Stockholder” means any of
them.

 

“Transfer” means (i) offer
to sell, (ii) pledge of, (iii) sale of, (iv) contract to sell, (v)
sale of any option or contract to purchase, (vi) purchase of any
option or contract to sell, (vii) grant of any option, right or
warrant to purchase, or (viii) lending or otherwise transferring or
disposing of, directly or indirectly, any Equity
Securities.

 

 

 

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ARTICLE
II

BOARD
REPRESENTATION; LOCK-UP; DRAG-ALONG RIGHTS; RIGHTS OF FIRST
OFFER

2.1. Board
Representation.

(a) As of the date
hereof, the Board shall be comprised of six (6) directors. From and
after the date hereof and for so long as Chesrown, or an Affiliate
of Chesrown beneficially owns, in the aggregate, at least 1,000,000
shares of the issued and outstanding Common Stock (the
“Minimum Threshold”), the Board shall be comprised of
no more than six (6) directors, and Chesrown shall be entitled to
(i) nominate three (3) individuals to the Board (such individuals,
including their respective successors, the “Chesrown
Directors”), to serve as members of the Board until their
respective successors are elected and qualified, (ii) nominate any
successor to each Chesrown Director, and (iii) direct the removal
from the Board of any Chesrown Director; provided, that at least two of the
Chesrown Directors shall be “independent” as defined by
the applicable rules and regulations of the SEC and the NASDAQ
stock market. The Chesrown Directors shall initially be
Marshall Chesrown, Mitch Pierce, and Kevin Westfall.

(b) Beginning with the
first annual meeting of stockholders after the date hereof and
thereafter, for so long as Chesrown or an Affiliate of Chesrown
beneficially owns, in the aggregate, at least the Minimum
Threshold, each nomination to the Board of any Chesrown Director
for election at an annual meeting of stockholders of the Company
shall be made by delivering to the Company a notice signed by
Chesrown, which notice shall include the names and qualifications
of such proposed Chesrown Directors. As promptly as practicable,
the Company shall provide a copy of such notice to the
Company’s Corporate Governance and Nominating Committee (the
“Committee”), which shall, if the proposed Chesrown
Director satisfies the criteria for qualifications of directors set
forth in the Charter of the Committee (the “Charter”)
in all material respects, as determined in good faith by the
Committee, at the next Committee meeting at which Board nominees
are determined for purposes of the Company’s annual meeting
of stockholders, make a recommendation to the Board that such
Chesrown Directors shall be nominated for election to the Board at
the Company's next annual meeting of stockholders and shall, in the
Company’s proxy statement relating to such annual meeting,
recommend to the Company's stockholders that the stockholders
should vote their Common Stock in favor of the election of the
proposed Chesrown Directors. If the Committee reasonably determines
in good faith that a proposed Chesrown Director does not meet such
criteria, the Committee shall notify Chesrown of such fact within
10 days following receipt of the Chesrown Notice, specifying in
reasonable detail the reasons for the determination that such
criteria have not been met, and within 10 calendar days Chesrown
may submit to the Committee a new proposed Chesrown
Director.

(c) For so long as
Chesrown or an Affiliate of Chesrown beneficially owns, in the
aggregate, at least the Minimum Threshold, each nomination to the
Board of any Chesrown Director for election other than at an annual
meeting of stockholders of the Company (whether due to the
resignation, removal or death of a Chesrown Director or otherwise)
shall be made by delivering to the Company a notice signed by
Chesrown, which notice shall include the names and qualifications
of such proposed Chesrown Director. As promptly as practicable, the
Company shall provide a copy of such notice to the Committee, which
shall, if the proposed Chesrown Director satisfies the criteria for
qualifications of directors set forth in the Charter in all
material respects, as determined in good faith by the Committee, as
promptly as practicable, make a recommendation to the Board that
such Chesrown Directors shall be appointed for election to the
Board, which appointment may be made by the Board to the extent
permitted pursuant to the Company’s bylaws. As promptly as
practicable thereafter, the Company shall take or cause to be taken
such corporate actions as may be required to cause such appointment
to be effected. If the Committee reasonably determines in good
faith that such proposed Chesrown Director does not meet such
criteria, the Committee shall notify Chesrown of such fact within
10 days of receipt of the Chesrown Notice, specifying in reasonable
detail the reasons for the determination that such criteria have
not been met, and within 10 calendar days Chesrown may submit to
the Committee a new proposed Chesrown Director.

(d) From and after the
date hereof and for so long as Berrard, or an Affiliate of Berrard
beneficially owns, in the aggregate, at least the Minimum
Threshold, the Board shall be comprised of no more than six (6)
directors, and Berrard shall be entitled to (i) nominate one
individual to the Board (such individual, including such
individual's successor, the “Berrard Director”), to
serve as a member of the Board until the Berrard Director's
successor is elected and qualified, (ii) nominate any successor to
the Berrard Director, and (iii) direct the removal from the Board
of the Berrard Director. The Berrard Director shall initially be
Steven R. Berrard.

 

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(e) Beginning with the
first annual meeting of stockholders following the date hereof and
thereafter, for so long as Berrard, or an Affiliate of Berrard
beneficially owns, in the aggregate, at least the Minimum
Threshold, each nomination to the Board of any Berrard Director for
election at an annual meeting of stockholders of the Company shall
be made by delivering to the Company a notice signed by Berrard,
which notice shall include the name and qualifications of the
proposed Berrard Director. As promptly as practicable, the Company
shall provide a copy of such notice to the Committee which shall,
if the proposed Berrard Director satisfies the criteria for
qualifications of directors set forth in the Charter in all
material respects, as determined in good faith by the Committee, at
the next Committee meeting at which Board nominees are determined
for purposes of the Company’s annual meeting of stockholders,
make a recommendation to the Board that such Berrard Director shall
be nominated for election to the Board at the Company's next annual
meeting of stockholders and shall, in the Company’s proxy
statement relating to such annual meeting, recommend to the
Company's Stockholders that the Stockholders should vote their
Common Stock in favor of the election of the proposed Berrard
Director. If the Committee reasonably determines in good faith that
a proposed Berrard Director does not meet such criteria, the
Committee shall notify Berrard of such fact within 10 days
following receipt of the Berrard Notice, specifying in reasonable
detail the reasons for the determination that such criteria have
not been met, and within 10 calendar days Berrard may submit to the
Committee a new proposed Berrard Director.

(f) For so long as
Berrard or an Affiliate of Berrard beneficially owns, in the
aggregate, at least the Minimum Threshold, each nomination to the
Board of any Berrard Director for election other than at an annual
meeting of stockholders of the Company (whether due to the
resignation, removal or death of a Berrard Director or otherwise)
shall be made by delivering to the Company a notice signed by
Berrard, which notice shall include the names and qualifications of
such proposed Berrard Director. As promptly as practicable, the
Company shall provide a copy of such notice to the Committee, which
shall, if the proposed Berrard Director satisfies the criteria for
qualifications of directors set forth in the Charter in all
material respects, as determined in good faith by the Committee, as
promptly as practicable, make a recommendation to the Board that
such Berrard Director shall be appointed for election to the Board,
which appointment may be made by the Board to the extent permitted
pursuant to the Company’s bylaws. As promptly as practicable
thereafter, the Company shall take or cause to be taken such
corporate actions as may be required to cause such appointment to
be effected. If the Committee reasonably determines in good faith
that such proposed Berrard Director does not meet such criteria,
the Committee shall notify Berrard of such fact within 10 days of
receipt of the Berrard Notice, specifying in reasonable detail the
reasons for the determination that such criteria have not been met,
and within 10 calendar days Berrard may submit to the Committee a
new proposed Berrard Director.

(g) The Company shall
include in the slate of nominees recommended by the Board for
election as directors each Chesrown Director and the Berrard
Director for so long as Chesrown and Berrard, respectively, are
entitled to nominate the Chesrown Directors and the Berrard
Director pursuant to this Agreement. Each of Berrard, Chesrown, and
each of the Stockholders covenants and agrees to vote all Equity
Securities held by such person or their Affiliate for the election
to the Board of all individuals nominated in accordance with this
Section 2.1.

2.2. Vacancies
and Removal.

Each
Stockholder agrees to vote, or cause to be voted, all Equity
Securities beneficially owned by it, or over which such Person has
voting control, from time to time and at all times, in whatever
manner as shall be necessary to ensure that:

(a) the Berrard
Director and the Chesrown Directors are elected at each annual
meeting of the Company’s stockholders and serve until their
successors are duly elected and qualified or until their earlier
resignation or removal in accordance with this
Agreement;

(b) neither the Berrard
Director nor any Chesrown Director is removed from office unless
such removal is directed or approved by Berrard or Chesrown,
respectively, or such removal is for cause, as reasonably
determined in good faith by the Board; and

 

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(c) any vacancies
created by the resignation, removal or death of the Berrard
Director or any Chesrown Director shall be filled as proposed by
Berrard or Chesrown, respectively, in accordance with Section 2.1
of this Agreement.

2.3. Restrictions
on Transfer and Other Agreements.

(a) Each Stockholder
hereby agrees that such Stockholder will not, prior to the end of
the Restricted Period, Transfer any Common Stock held by such
Stockholder as of the date hereof. The foregoing sentence shall not
apply to (a) any Permitted Transfer of Common Stock acquired prior
to the date hereof, (b) any Transfer of Common Stock acquired by a
Stockholder after the date hereof, or (c) any Transfer by any Other
Stockholder which is approved in writing by the Major Stockholders.
For purposes of this Section 2.3(a), to the extent any Transfer of
Common Stock by a Stockholder reduces the number of shares of
Common Stock held by such Stockholder below the number of shares
held by such Stockholder as of the date hereof such Transfer shall
constitute a Transfer of Common Stock acquired prior to the date
hereof.

(b) Neither any
Stockholder nor any of its Affiliates shall grant any proxy or
enter into or agree to be bound by any voting trust, agreement or
arrangement of any kind with any Person with respect to its Common
Stock if and to the extent the terms thereof conflict with the
provisions of this Agreement and each Stockholder shall take all
necessary actions within its power to cause the Company to comply
with the provisions of this Agreement.

(c) For as long as this
Agreement remains in effect, any Person acquiring Common Stock from
a Stockholder, other than any Person acquiring such Common Stock in
an Exempt Sale, as a condition of effecting the Transfer on the
books of the Company and acquiring any rights as a stockholder of
the Company, shall execute and deliver to the Company a joinder
agreeing to be bound by the terms of this Agreement in the same
capacity as the transferring Stockholder.

2.4. Drag-Along
Rights.

(a) If (1) the Board
approves a Sale of the Company or the Company's stockholders
receive a tender offer (other than a self tender) with respect to a
majority of the issued and outstanding Common Stock and (2) each
Major Stockholder that owns 10% or more of the issued and
outstanding Common Stock votes or consents in writing to such Sale
of the Company or agrees in writing to so vote or consent or, if
applicable, tenders pursuant to such tender offer all (but not less
than all) Common Stock of which such Major Stockholder is a
Beneficial Owner (any Sale of the Company or tender offer that
meets the requirements set forth in clauses (1) and (2), an
“Approved Sale”), then, promptly after the satisfaction
of both conditions, Major Stockholders that individually own 10% or
more of the issued and outstanding Common Stock at the time of the
Board approval, acting jointly with each other such Major
Stockholder (or individually if there is only one Major Stockholder
owning 10% or more of the issued and outstanding Common Stock at
such time), may issue a written notice to all Other Stockholders
stating that the transaction constitutes an Approved Sale and
specifying the material terms of such Approved Sale (the
“Company Transaction Notice”). From and after the date
on which any Other Stockholder is in receipt of the Company
Transaction Notice, such Other Stockholder shall vote for (whether
at a meeting of stockholders or by written consent), cooperate with
and raise no objections against, waive any dissenters rights, appraisal
rights or similar rights, not
otherwise impede, delay or dispute such Approved Sale and,
in the case of a tender offer that constitutes an Approved Sale,
tender their Common Stock in accordance with the terms of the
tender offer. In the event that any Other Stockholder fails to
comply with the terms of this Section 2.4(a), such Other
Stockholder shall not be entitled to receive the consideration to
which he, she or it is entitled until such Other Stockholder so
complies.

(b) If the stockholders
of the Company, including each Major Stockholder (such stockholders
together, the “Selling Stockholders”), enter into a
binding agreement to sell Common Stock representing more than 50%
of the issued and outstanding Common Stock as of the date of the
binding agreement (such sale, the “Stock Sale”), the
Major Stockholders shall deliver to all Other Stockholders, with a
copy to the Company, a written notice specifying the pricing and
other material terms of the Stock Sale (the “Stock Sale
Notice”). From and after the date on which any Other
Stockholder is in receipt of the Stock Sale Notice, such Other
Stockholder shall agree to sell and shall sell in the Stock Sale on
the terms and conditions thereof all Common Stock owned by the
Other Stockholders. Without limiting the foregoing,

 

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(i) each Other
Stockholder shall make or provide the same representations,
warranties, covenants, indemnities and agreements as the Selling
Stockholders make or provide in connection with the Stock Sale
(except that in the case of representations, warranties, covenants,
indemnities and agreements pertaining specifically to the Selling
Stockholder, such Other Stockholder shall make the comparable
representations, warranties, covenants, indemnities and agreements
pertaining specifically to such Other Stockholder); provided, that all representations,
warranties, covenants and indemnities shall be made by such Other
Stockholder severally and not jointly and any indemnification
obligation shall be pro rata based on the consideration received by
such Other Stockholder, in each case in an amount not to exceed the
aggregate proceeds received by such Other Stockholder in connection
with the Stock Sale; and

(ii) the
Company and each Other Stockholder shall take all necessary or
desirable actions in connection with the consummation of the Stock
Sale and any related transactions as reasonably requested by the
Selling Stockholders, including (A) retaining investment bankers
and other advisors approved by the Selling Stockholders; (B)
furnishing information and copies of documents, (C) preparing and
making filings with governmental authorities; (D) providing
assistance with legal, accounting, tax, financial, benefits and
other due diligence; and (E) otherwise cooperating with the Selling
Stockholders and their respective representatives.

(c) The obligations of
each Other Stockholder under Sections 2.4(a) and under Section
2.4(b) with respect to a Stock Sale are subject to the satisfaction
of the following conditions: (i) that such Other Stockholder shall
receive in exchange for his, her or its Common Stock the same form
and amount of consideration per share of Common Stock as is
received by each other holder of the same class of Common Stock and
(ii) that such Approved Sale or Stock Sale is to an Independent
Third Party.

(d) Each Other
Stockholder hereby constitutes and appoints the Board in the case
of an Approved Sale pursuant to Section 2.4(a) or the Selling
Stockholders or their authorized representative in the case of a
Stock Sale pursuant to Section 2.4(b) with full power of
substitution, as his, her, or its true and lawful agent and
attorney-in-fact, with full power and authority in his, her or its
name, place and stead to execute, swear to, acknowledge, deliver,
file and record in the appropriate public offices to do and perform
everything required or permitted to be done in connection with any
Approved Sale or Stock Sale, as fully to all intents and purposes
as such Other Stockholder might or could do in person, including
taking any and all action on behalf of such Other Stockholder from
time to time as contemplated hereunder, including executing and/or
approving, on behalf of such Other Stockholder, any merger
agreement, stock sale agreement, asset sale agreement or similar
agreement relating to the Approved Sale or the Stock Sale, as the
case may be, and any amendments thereto and waivers thereof, any
transmittal letters and stock powers necessary to Transfer or
surrender such Other Stockholder's Common Stock in accordance with
any such agreement, and any other agreements, consents, approvals,
resolutions, certificates, or other documents reasonably necessary
or desirable to be executed and delivered in connection with the
Approved Sale or the Stock Sale, as applicable. The foregoing
powers of attorney are irrevocable and coupled with an interest,
and shall survive the death, disability, incapacity, dissolution,
bankruptcy, insolvency or termination of such Other Stockholder and
shall extend to such Other Stockholder’s heirs and personal
representatives.

(e) The provisions of
this Section 2.4 shall terminate and shall be of no further force
or effect on December 31, 2018; provided that the Stockholders
shall comply with the provisions of this Section with respect to
any Company Transaction Notice or Stock Sale Notice delivered or
required to be delivered prior to December 31, 2018.

 

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2.5. Rights
of First Offer.

(a) Except for
Permitted Transfers, Exempt Sales and Transfers required pursuant
to Section 2.4(a) or Section 2.4(b), if any Other Stockholder (such
Stockholder, the “Exiting Stockholder”) proposes to
Transfer any Common Stock owned by it (the “Offered
Shares”) to any proposed transferee(s), the Exiting
Stockholder shall first make an offering of the Offered Shares to
the Major Stockholders and the Company in accordance with the
provisions of this Section 2.5(a).

(i) The Exiting
Stockholder shall give written notice (the “Exiting
Stockholder Notice”) to the Company and the Major
Stockholders stating its bona fide intention to Transfer the
Offered Shares and specifying the number of Offered Shares and the
material terms and conditions, including the price, pursuant to
which the Exiting Stockholder proposes to Transfer the Offered
Shares. The Exiting Stockholder Notice shall constitute the Exiting
Stockholder's offer to Transfer the Offered Shares to the Major
Stockholders and the Company, which offer shall be irrevocable for
a period of 20 business days (the “ROFO Notice
Period”). By delivering the Exiting Stockholder Notice, the
Exiting Stockholder represents and warrants to the Company and each
Major Stockholder that (x) the Exiting Stockholder has full right,
title and interest in and to the Offered Shares, (y) the Exiting
Stockholder has all the necessary power and authority and has taken
all necessary action to sell such Offered Shares as contemplated by
this Section 2.5(a), and (z) the Offered Shares are free and clear
of any and all liens other than those arising as a result of or
under the terms of this Agreement.

(ii) Upon
receipt of the Exiting Stockholder Notice, each Major Stockholder
and the Company shall have the right, exercisable by delivering a
written notice (a “ROFO Acceptance Notice”) to the
Exiting Stockholder prior to the end of the ROFO Notice Period, to
purchase all (but not less than all) of the Offered Shares on the
terms specified in the Exiting Stockholder Notice. Any ROFO
Acceptance Notice so delivered shall be binding upon delivery and
irrevocable by the Person delivering the notice. If more than one
Person delivers a ROFO Acceptance Notice (each such Person, the
“Accepting Party”), the Offered Shares shall be sold to
each Accepting Party in equal shares (i.e. if each Major
Stockholder and the Company accept, each such Person will acquire
one-third of the Offered Shares), provided that Berrard and BHLP
shall be treated as a single Person for purposes of this sentence.
The Exiting Stockholder and each Accepting Party shall take all
actions as may be reasonably necessary to consummate the sale
contemplated by this Section 2.5(a) including, without limitation,
entering into agreements and delivering certificates and
instruments and consents as may be deemed necessary or appropriate,
and shall use their respective commercially reasonable efforts to
consummate such sale as soon as practicable.

(iii) If
the Company or any Major Stockholder does not deliver a ROFO
Acceptance Notice during the ROFO Notice Period, such Person shall
be deemed to have waived all of its or his rights to purchase the
Offered Shares under this Section 2.5(a) in connection with the
offering to which the Exiting Stockholder Notice relates. If
neither any Major Stockholder nor the Company delivers a ROFO
Acceptance Notice in accordance with Section 2.5(a)(ii), the
Exiting Stockholder may, during the 60 day period following the
expiration of the ROFO Notice Period and subject to any other
applicable restrictions set forth in this Agreement, Transfer all
of the Offered Shares to another transferee on terms and conditions
no more favorable to that transferee than those set forth in the
Exiting Stockholder Notice. If the Exiting Stockholder does not
Transfer the Offered Shares within such 60 day period, the rights
provided hereunder shall be deemed to be revived and the Offered
Shares shall not be Transferred to the proposed transferee(s)
unless the Exiting Stockholder sends a new Exiting Stockholder
Notice in accordance with, and otherwise complies with, this
Section 2.5(a).

(b) If Berrard or BHLP
on the one hand or Chesrown on the other hand (any such Major
Stockholder, the “Exiting Major Stockholder”) proposes
to Transfer any Common Stock owned by such Person to any another
Person, other than in an Exempt Sale, Permitted Transfer or
pursuant to a Sale of the Company or a Stock Sale, the Exiting
Major Stockholder shall first make an offering of such Common Stock
to the Company and the other Major Stockholders; and such
offeree(s) shall have the right to purchase such Common Stock from
the Exiting Major Stockholder. The provisions of Section 2.5(a),
including the obligation to deliver the Exiting Stockholder Notice
to the Company and the other Major Stockholders, shall apply to any
such offering (treating an Exiting Major Stockholder as an Exiting
Stockholder and not as a Major Stockholder).

 

-8-

 

(c) This Section 2.5
shall terminate on the earlier of (i) June 30, 2018 and (ii) the
date on which the Major Stockholders terminate the same by written
notice to the Other Stockholders; provided that in the case of the
termination pursuant to clause (i) the Stockholders shall comply
with the provisions of this Section 2.5 with respect to any Exiting
Stockholder Notice delivered or required to be delivered prior to
June 30, 2018.

 

ARTICLE
III

MISCELLANEOUS

3.1. Termination.

This
Agreement shall terminate and be of no further force and effect
upon the written agreement of Mr. Berrard and Mr.
Chesrown.

 

3.2. Successors
and Assigns; Beneficiaries.

Except
as otherwise provided herein, all of the terms and provisions of
this Agreement shall be binding upon, shall inure to the benefit of
and shall be enforceable by the respective successors and permitted
assigns of the parties hereto and any of their respective
successors and permitted assigns. This Agreement may not be
assigned without the express prior written consent of the other
parties hereto, and any attempted assignment, without such
consents, will be null and void.

 

3.3. Amendment
and Modification; Waiver of Compliance.

(a) This Agreement may
be amended only by a written instrument duly executed by the
Company and the Parties hereto.

(b) Except as otherwise
provided in this Agreement, any failure of any of the parties to
comply with any obligation, covenant, agreement or condition herein
may be waived by the party entitled to the benefits thereof only by
a written instrument signed by the party granting such waiver, but
such waiver or failure to insist upon strict compliance with such
obligation, covenant, agreement or condition shall not operate as a
waiver of, or estoppel with respect to, any subsequent or other
failure.

3.4. Notices.

Any
notice, request, claim, demand, document and other communication
hereunder to any party shall be effective upon receipt (or refusal
of receipt) and shall be in writing and delivered personally or
sent by e-mail, facsimile, or first class mail, or by Federal
Express, United Parcel Service or other similar courier or other
similar means of communication to:

the
Company, BHLP or Berrard:

4521
Sharon Road

Suite
370

Charlotte, NC
28211

sberrard@newrivercapital.com

 

-9-

 

with a
copy to:

Akerman
LLP

Attn:
Michael Francis

350
East Las Olas Blvd, Suite 1600

Fort
Lauderdale, FL 33301

michael.francis@akerman.com

Fax:
954.463.2224

Chesrown:

Marshall
Chesrown

7303
Tidal Trace

Arlington, TX
76016

marshallchesrown@gmail.com

 

with a
copy to:

 

S. Lee
Terry, Jr.

Davis
Graham & Stubbs LLP

1550
17th
Street #500

Denver,
CO 80202

less.terry@dgslaw.com

Fax:
303.893.1379

 

The
Stockholders:

at such
address set forth opposite such Stockholder’s

name on
the signature page,

or, in
each case, to such other address as such party may designate in
writing to the other parties by written notice given in the manner
specified herein.

3.5. Specific
Performance.

Each
party hereto acknowledges and agrees that in the event of any
breach of this Agreement by any of them, the other parties hereto
would be irreparably harmed and could not be made whole by monetary
damages. Each party accordingly agrees to waive the defense in any
action for specific performance that a remedy at law would be
adequate and agrees that the parties, in addition to any other
remedy to which they may be entitled at law or in equity, shall be
entitled to specific performance of this Agreement without the
posting of bond.

3.6. Entire
Agreement.

The
provisions of this Agreement and the other writings referred to
herein or delivered pursuant hereto which form a part hereof
contain the entire agreement among the parties hereto with respect
to the subject matter hereof and supersede all prior oral and
written agreements and memoranda and undertakings among the parties
hereto with regard to such subject matter, including that certain
Stockholders' Agreement dated October 19, 2016 by and among the
Company, Berrard Holders, Chesrown and the other Company
stockholders signatory thereto, as amended prior to the date
hereof.

3.7. Severability.

If any
provision of this Agreement, or the application of such provision
to any Person or circumstance or in any jurisdiction, shall be held
to be invalid or unenforceable to any extent, (i) the remainder of
this Agreement shall not be affected thereby, and each other
provision hereof shall be valid and enforceable to the fullest
extent permitted by law, (ii) as to such Person or circumstance or
in such jurisdiction such provision shall be reformed to be valid
and enforceable to the fullest extent permitted by law and (iii)
the application of such provision to other Persons or circumstances
or in other jurisdictions shall not be affected
thereby.

 

 

-10-

 

3.8. Governing
Law.

This
Agreement shall be governed by and construed in accordance with the
laws of the State of Nevada without regard to conflicts of law
principles thereof.

 

3.9. Waiver
of Jury Trial.

EACH
PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE
UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT
ISSUES, AND THEREFORE EACH SUCH PARTY HEREBY IRREVOCABLY AND
UNCONDITIONALLY WAIVES ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY
JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING
OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS
CONTEMPLATED HEREBY, OR IN ANY WAY CONNECTED WITH OR RELATED OR
INCIDENTAL TO THE DEALINGS OF THE PARTIES OR ANY OF THEM IN RESPECT
OF THIS AGREEMENT. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (i)
NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS
REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD
NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING
WAIVER, (ii) EACH SUCH PARTY UNDERSTANDS AND HAS CONSIDERED THE
IMPLICATIONS OF THIS WAIVER, (iii) EACH SUCH PARTY MAKES THIS
WAIVER VOLUNTARILY, AND (iv) EACH SUCH PARTY HAS BEEN INDUCED TO
ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE WAIVERS AND
CERTIFICATIONS IN THIS SECTION. EACH PARTY AGREES THAT THE OTHER
MAY FILE A COPY OF THIS AGREEMENT WITH ANY COURT AS WRITTEN
EVIDENCE OF THE CONSENT OF THE PARTIES TO THE WAIVER OF THEIR RIGHT
TO TRIAL BY JURY.

 

3.10. Counterparts.

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

3.11. Further
Assurances.

At any
time or from time to time after the date hereof, the parties hereto
agree to cooperate with each other, and at the request of any other
party, to execute and deliver any further instruments or documents
and to take all such further action as any other party may
reasonably request in order to evidence or effectuate the
provisions of this Agreement and to otherwise carry out the intent
of the parties hereunder.

 

3.12. Schedule
13D.

In
accordance with the requirements of Rule 13d-1(k) under the
Exchange Act, and subject to the limitations set forth therein,
each Stockholder agrees to file, if appropriate, Schedule 13D no
later than 10 calendar days following the date hereof and, if
required, a Form 3 no later than 10 calendar days following the
date on which a Stockholder first acquires Equity
Securities.

 

-11-

 

IN
WITNESS WHEREOF, each of the undersigned has signed this
Stockholders’ Agreement as of the date first above
written.

Smart
Server, Inc.

By:/s/ Marshall
Chesrown             

Title:Chief Executive
Officer        

Berrard
Holdings Limited Partnership

By:/s/ Steven R.
Berrard           
   

Title:                                              

/s/ Steven R.
Berrard                      

Steven R. Berrard

/s/ Marshall
Chesrown                   

Marshall
Chesrown

[Signature
Page to Stockholders’ Agreement]

 

IN
WITNESS WHEREOF, the undersigned has signed this
Stockholders’ Agreement as of the date first above
written.

 

Stockholder:

By:/s/ Marshall Chesrown    
       

Name: 
                 
                 
  

Title:         
                 
              
    

 

 [Signature
Page to Stockholders’ Agreement]

 

IN WITNESS WHEREOF,
the undersigned has signed this Stockholders’ Agreement as of
the date first above written.

 

Stockholder:

By:/s/ Lori Sue Chesrown    
       

 

Name: Lori Sue Chesrown    
  

Title:         
                 
              
    

 

 

 

 

 

 

 

 

[Signature Page to
Stockholders’ Agreement]

 

 

 

IN WITNESS WHEREOF,
the undersigned has signed this Stockholders’ Agreement as of
the date first above written.

 

Stockholder:

By:
/s/ Thomas Aucamp  
        
   

 

Name: Thomas Aucamp      
    

Title:         
                 
              
    

 

 

 

 

 

 

 

 

[Signature Page to
Stockholders’ Agreement]

 

 

 

IN WITNESS WHEREOF,
the undersigned has signed this Stockholders’ Agreement as of
the date first above written.

 

Stockholder:

By:
/s/ Beverley Rath  
             
  

 

Name: Beverley Rath      
      
  

Title:         
                 
              
    

 

 

 

 

 

 

 

 

[Signature Page to
Stockholders’ Agreement]

 

 

 

IN WITNESS WHEREOF,
the undersigned has signed this Stockholders’ Agreement as of
the date first above written.

 

Stockholder:

By:
/s/ Jay Goodart  
               
     

 

Name: Jay Goodart      
         
  

Title:         
                 
              
    

 

 

 

 

 

 

 

 

[Signature Page to
Stockholders’ Agreement]

 

 

 

IN WITNESS WHEREOF,
the undersigned has signed this Stockholders’ Agreement as of
the date first above written.

 

Stockholder: Blue
Flame Capital, LLC

By:
/s/ Denmar J. Dixon  
          
   

 

Name: Denmar J. Dixon      
     

Title:
Managing Partner  
         
  

 

 

 

 

 

 

 

 

[Signature Page to
Stockholders’ Agreement]

 

 

 

IN WITNESS WHEREOF,
the undersigned has signed this Stockholders’ Agreement as of
the date first above written.

 

Stockholder:

By:
/s/ Steven R. Berrard
         
  

 

Name: Steven R. Berrard      
  

Title:   CFO      
                 
      
   

 

 

 

 

 

 

 

 

[Signature Page to
Stockholders’ Agreement]

 

 

 

IN WITNESS WHEREOF,
the undersigned has signed this Stockholders’ Agreement as of
the date first above written.

 

Stockholder:

By:
/s/ Jeffrey Cheek  
             
  

 

Name: Jeffrey Cheek      
       
 

Title:         
                 
              
    

 

 

 

 

 

 

 

 

[Signature Page to
Stockholders’ Agreement]

 

 

 

IN WITNESS WHEREOF,
the undersigned has signed this Stockholders’ Agreement as of
the date first above written.

 

Stockholder:
NextGen Dealer Solutions, LLC

By:
/s/ Kartik Kakarala  
          
   

 

Name: Kartik Kakarala      
     

Title:   President    
               
   

 

 

 

 

 

 

 

 

[Signature Page to
Stockholders’ Agreement]

 

 

 

IN WITNESS
WHEREOF, the undersigned has signed this Stockholders’
Agreement as of the date first above written.

 

Stockholder:

By:
/s/ Jack Lynn  
                 
  

 

Name: Jack Lynn        
           
  

Title:         
                 
              
    

 

 

 

 

 

 

 

 

[Signature Page to
Stockholders’ Agreement]

 

 

 

IN WITNESS WHEREOF,
the undersigned has signed this Stockholders’ Agreement as of
the date first above written.

 

Stockholder:

By:
/s/ Thomas Byrne  
           
 

 

Name: Thomas Byrne      
       
 

Title:         
                 
              
    

 

 

 

 

 

 

 

 

[Signature Page to
Stockholders’ Agreement]

 

 

 

IN WITNESS WHEREOF,
the undersigned has signed this Stockholders’ Agreement as of
the date first above written.

 

Stockholder:

By:  /s/ Ralph Wegis    
            
 

 

Name:  Ralph Wegis      
       
 

Title:         
                 
              
    

 

 

 

 

 

 

 

 

 

 

 

[Signature
Page to Stockholders’ Agreement]Blueprint

  Exhibit 10.2

 

REGISTRATION RIGHTS AGREEMENT

 

THIS REGISTRATION RIGHTS
AGREEMENT (this “Agreement”),
dated as of February 8, 2017 (the “Effective
Date”), is by and among Smart Server, Inc., a Nevada corporation
(the “Company”), NextGen
Dealer Solutions, LLC, a Delaware limited liability company (the
“Stockholder”), and Kartik
Kakarala, as the representative of the Stockholder (the
“Representative”).
Capitalized terms used and not otherwise defined herein shall have
the respective meanings set forth in the Asset Purchase Agreement,
dated as of January 8, 2017, by and among the parties hereto,
Halcyon Consulting, LLC and Srinivas Kakarala (the
“Purchase
Agreement”).

 

WHEREAS, the Company has
agreed to provide Stockholder certain registration rights with
respect to shares of common stock of the Company, par value $0.001
per share (the “Purchaser Shares”), under
the Securities Act of 1933, as amended, and the rules and
regulations thereunder, or any similar successor statute
(collectively, the “Securities
Act”), and applicable state securities
laws.

 

NOW, THEREFORE, in
consideration of the promises and the mutual covenants contained
herein and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto
hereby agree as follows:

 

1.

DEFINITIONS.

 

As used
in this Agreement, the following terms shall have the following
meanings:

 

(a) “FINRA” means the
Financial Industry Regulatory Authority, Inc.

 

(b) “NextGen
Seller” means the Stockholder and any transferee or
assignee to whom the Stockholder assigns its rights under this
Agreement in accordance with Section 8 and who agrees to
become bound by the provisions of this Agreement, and any
transferee or assignee thereof to whom a transferee or assignee
assigns its rights under this Agreement in accordance with
Section 9 and who
agrees to become bound by the provisions of this
Agreement.

 

(c) “Person”
means any individual or entity including but not limited to any
corporation, limited liability company, association, partnership,
organization, business, individual, governmental or political
subdivision thereof or governmental agency.

 

(d) “Registrable
Securities” means (i) any Purchaser Shares owned by
any NextGen Seller at any time and (ii) any other securities
issued or issuable with respect to any Purchaser Shares by way of a
stock dividend or stock split or in connection with a combination
of shares, recapitalization, merger, consolidation or other
reorganization (it being understood that for purposes of this
Agreement, a Person will be deemed to be a holder of Registrable
Securities whenever such Person has the right to then acquire or
obtain from the Company any Registrable Securities, whether or not
such acquisition has actually been effected). As to any particular Registrable Securities, once
issued, such Registrable Securities shall cease to be Registrable
Securities when (x) they have been registered under the Securities
Act, the registration statement in connection therewith has been
declared effective, and they have been disposed of pursuant to such
effective registration statement, (y) they are eligible to be sold
or distributed pursuant to Rule 144 by such NextGen Seller without
limitation, or (z) they shall have ceased to be
outstanding.

 

 

1

 

(e) “Rule 415”
means Rule 415 under the Securities Act or any successor rule
providing for offering securities on a continuous or delayed
basis.

 

(f) “SEC” means the United
States Securities and Exchange Commission.

 

2.

REGISTRATION.

 

(a) Mandatory
Registration. The Company shall, no later than June 30,
2017, file with the SEC a registration statement on an appropriate
form covering the NextGen
Sellers’ Registrable Securities so as to permit the resale of
such Registrable Securities by the NextGen Sellers under Rule 415 under the
Securities Act at then prevailing market prices (and not fixed
prices) (the
“Shelf Registration
Statement”). The Shelf Registration Statement shall
register only the Registrable Securities. The Representative (on
behalf of the NextGen Sellers)
and one counsel to the NextGen
Sellers shall have a reasonable opportunity to review and comment
upon the Shelf Registration Statement and any amendment or
supplement to such Shelf Registration Statement and any related
prospectus prior to its filing with the SEC, and the Company shall
incorporate all such reasonable comments from the Representative
and the NextGen Sellers’
counsel. The Company shall use commercially reasonable efforts to
have the Shelf Registration Statement and any amendment declared
effective by the SEC at the earliest possible date. The Company
shall use commercially reasonable efforts to maintain the Shelf
Registration Statement effective pursuant to Rule 415 promulgated
under the Securities Act and available for the resale by the
NextGen Sellers of all of the
Registrable Securities covered thereby at all times until the date
on which the NextGen Sellers
shall have sold all the Registrable Securities covered thereby (the
“Registration
Period”) or when such securities are no longer
Registrable Securities.

 

(b) Rule 424
Prospectus. The Company shall, as required by applicable
securities regulations, from time to time file with the SEC,
pursuant to Rule 424 promulgated under the Securities Act, the
prospectus and prospectus supplements, if any, to be used in
connection with sales of the Registrable Securities under the Shelf
Registration Statement. The Representative and its counsel shall
have a reasonable opportunity to review and comment upon such
prospectus and prospectus supplements prior to any filing thereof
with the SEC, and the Company shall incorporate all such reasonable
comments from the Representative and NextGen Sellers'
counsel.

 

(c) Sufficient Number of
Shares Registered. In the event that at any time, the number
of shares registered pursuant to the Shelf Registration Statement
is insufficient to cover all of the Registrable Securities, the
Company shall amend the Shelf Registration Statement or file a new
Shelf Registration Statement (any such new registration statement,
a “New Registration
Statement”, and together with the initial Shelf
Registration Statement, the “Registration
Statements”), so as to cover all of such Registrable
Securities as soon as practicable, but in any event not later than
thirty (30) Business Days after the necessity therefor arises. The
Company shall use commercially reasonable efforts to cause such
amendment to the Shelf Registration Statement or New Registration
Statement, as applicable, to become effective as soon as
practicable following the filing thereof. The Registration
Statements (including any amendments or supplements thereto and
prospectuses contained therein) shall not contain any untrue
statement of a material fact or omit to state a material fact
required to be stated therein, or necessary to make the statements
therein, in light of the circumstances in which they were made, not
misleading.

 

 

2

 

3.

REGISTRATION
PROCEDURES AND OBLIGATIONS.

 

With
respect to the Registrable Securities registered pursuant to any
Registration Statement, the Company shall use commercially
reasonable efforts to effect the registration of such Registrable
Securities in accordance with the intended method of disposition
thereof and, pursuant thereto, the Company shall have the following
obligations:

 

(a) The Company shall
prepare and file with the SEC such amendments (including
post-effective amendments) and supplements to any Registration
Statement and the prospectus used in connection with such
Registration Statement as may be necessary to keep such
Registration Statement effective at all times during the
Registration Period, and, during such period, comply with the
provisions of the Securities Act with respect to the disposition of
all Registrable Securities covered by any Registration Statement
until such time as all of such Registrable Securities shall have
been disposed of in accordance with the intended methods of
disposition by the seller or sellers thereof as set forth in such
Registration Statement.

 

(b) With respect to
each registration statement filed pursuant to this Agreement and
any and all amendments and supplements thereto, the Company shall
permit the Representative to review and comment thereupon at least
five (5) Business Days prior to its filing with the SEC, and the
Company shall not file any registration statement, amendment or
supplement thereto, or prospectus or prospectus supplement in a
form to which the Representative reasonably objects. The Company
shall furnish to Representative, without charge, any correspondence
from the SEC to the Company or its representatives relating to any
registration statement filed hereunder, and any and all amendments
and supplements to such registration statements.

 

(c) Upon request of the
Representative, the Company shall furnish to the Representative,
(i) promptly after the same is prepared and filed with the SEC, at
least one copy of each registration statement and any amendment(s)
thereto, including financial statements and schedules, all
documents incorporated therein by reference and all exhibits, (ii)
upon the effectiveness of any registration statement, a copy of the
prospectus included in such registration statement and all
amendments and supplements thereto (or such other number of copies
as the Representative may reasonably request) and (iii) such other
documents, including copies of any preliminary or final prospectus,
as the Representative may reasonably request from time to time in
order to facilitate the disposition of the Registrable
Securities.

 

 

3

 

(d) Without limitation
of any of the foregoing obligations of the Company, the Company
shall use commercially reasonable efforts to (i) register and
qualify the Registrable Securities covered by a registration
statement under such other securities or “blue sky”
laws of such jurisdictions in the United States as the
Representative reasonably requests, (ii) prepare and file in those
jurisdictions, such amendments (including post-effective
amendments) and supplements to such registrations and
qualifications as may be necessary to maintain the effectiveness
thereof during the Registration Period, (iii) cause the Registrable
Securities covered by any registration statement to be registered
with or approved by such other governmental agencies or authorities
as may be necessary to consummate the disposition of such
Registrable Securities and (iv) take such other actions as may be
necessary to maintain such registrations and qualifications in
effect at all times during the Registration Period, and take all
other actions reasonably necessary or advisable to qualify the
Registrable Securities for sale in such jurisdictions; provided, however, that the Company
shall not be required in connection therewith or as a condition
thereto to (x) qualify to do business in any jurisdiction where it
would not otherwise be required to qualify but for this
Section
3(d), (y) subject itself to general taxation in any such
jurisdiction or (z) file a general consent to service of process in
any such jurisdiction. The Company shall promptly notify the
Representative of the receipt by the Company of any notification
with respect to the suspension of the registration or qualification
of any of the Registrable Securities for sale under the securities
or “blue sky” laws of any jurisdiction in the United
States or its receipt of actual notice of the initiation or
threatening of any proceeding for such purpose.

 

(e) As promptly as
practicable after becoming aware of such event or facts, the
Company shall notify the Representative in writing of the happening
of any event or existence of such facts as a result of which the
prospectus included in any registration statement, as then in
effect, includes an untrue statement of a material fact or omits to
state a material fact required to be stated therein or necessary to
make the statements therein, in light of the circumstances under
which they were made, not misleading, and promptly prepare a
supplement or amendment to such registration statement to correct
such untrue statement or omission, and deliver a copy of such
supplement or amendment to the Representative (or such other number
of copies as the Representative may reasonably request). The
Company shall also promptly notify the Representative in writing
(i) when a prospectus or any prospectus supplement or
post-effective amendment has been filed, and when a registration
statement or any post-effective amendment has become effective
(notification of such effectiveness shall be delivered to the
Representative by email or facsimile on the same day of such
effectiveness and by overnight mail), (ii) of any request by the
SEC for amendments or supplements to any registration statement or
related prospectus or related information, and (iii) of the
Company’s reasonable determination that a post-effective
amendment to a registration statement would be
appropriate.

 

(f) The Company shall
use commercially reasonable efforts to prevent the issuance of any
stop order or other suspension of effectiveness of any registration
statement, or the suspension of the qualification of any
Registrable Securities for sale in any jurisdiction and, if such an
order or suspension is issued, to obtain the withdrawal of such
order or suspension at the earliest possible moment and to notify
the Representative of the issuance of such order and the resolution
thereof or its receipt of actual notice of the initiation or threat
of any proceeding for such purpose.

 

(g) The Company shall
cause all the Registrable Securities to be listed on each
securities exchange on which securities of the same class or series
issued by the Company are then listed. The Company shall pay all
fees and expenses in connection with satisfying such
obligations.

 

 

4

 

(h) The Company shall
cooperate with the Representative to facilitate the timely
preparation and delivery of certificates representing the
Registrable Securities to be offered pursuant to any registration
statement and enable such certificates to be in such denominations
or amounts as the Representative may reasonably request and
registered in such names as the NextGen Sellers may request, and upon sale,
to not bear any restrictive legend.

 

(i) The Company shall
at all times provide a transfer agent and registrar with respect to
the Registrable Securities.

 

(j) If reasonably
requested by the Representative, the Company shall (i) as soon as
reasonably practicable, incorporate in a prospectus supplement or
post-effective amendment such information as the Representative
believes should be included therein relating to the sale and
distribution of Registrable Securities, including, without
limitation, information with respect to the number of Registrable
Securities being sold, the purchase price being paid therefor and
any other terms of the offering of the Registrable Securities; and
(ii) make all required filings of such prospectus supplement or
post-effective amendment as soon as practicable upon notification
of the matters to be incorporated in such prospectus supplement or
post-effective amendment.

 

(k) Within one (1)
Business Day after any registration statement which includes the
Registrable Securities is declared effective by the SEC, the
Company shall deliver, and shall cause legal counsel for the
Company to deliver, to the transfer agent for such Registrable
Securities (with copies to the Representative) confirmation that
such registration statement has been declared effective by the SEC.
Thereafter, if requested by the Representative at any time, the
Company shall require its counsel to deliver to the Representative
a written confirmation whether or not the effectiveness of such
registration statement has lapsed at any time for any reason
(including, without limitation, the issuance of a stop order) and
whether or not the registration statement is current and available
to the Representative and each of the NextGen Sellers for sale of all of the
Registrable Securities.

 

(l) The Company shall
take all other reasonable actions necessary to expedite and
facilitate disposition by each NextGen Seller of Registrable Securities
pursuant to any registration statement.

 

4.

OBLIGATIONS OF THE
REPRESENTATIVE AND THE NEXTGEN SELLERS.

 

(a) The Company shall
notify the Representative in writing of the information the Company
reasonably requires from each of the NextGen Sellers in connection with any
registration statement hereunder. The Representative shall furnish
to the Company such information regarding each NextGen Seller, the Registrable Securities
held by each NextGen Seller and
the intended method of disposition of the Registrable Securities
held by each NextGen Seller as
shall be reasonably required to effect the registration of such
Registrable Securities and each NextGen Seller shall execute such documents
in connection with such registration as the Company may reasonably
request.

 

 

5

 

(b) Each NextGen Seller agrees to cooperate with the
Company as reasonably requested by the Company in connection with
the preparation and filing of any registration statement
hereunder.

 

(c) Each NextGen Seller agrees that, upon receipt of
any notice from the Company of the happening of any event or
existence of facts of the kind described in the first sentence of
Section
3(e), such NextGen
Seller will immediately discontinue disposition of Registrable
Securities pursuant to any registration statement(s) covering such
Registrable Securities until such NextGen Seller’s receipt of the
copies of the supplemented or amended prospectus contemplated by
the first sentence of Section 3(e).
Notwithstanding anything to the contrary, the Company shall cause
its transfer agent to promptly deliver shares of common stock of
the Company in connection with any sale of Registrable Securities
with respect to which any NextGen Seller has entered into a contract
for sale prior to the NextGen
Seller’s receipt of a notice from the Company of the
happening of any event of the kind described in the first sentence
of Section
3(e) and for which such NextGen Seller has not yet
settled.

 

5.

EXPENSES OF
REGISTRATION.

 

The
Company shall pay and be responsible for any and all fees, costs,
disbursements and expenses incidental to the Company’s
performance of or compliance with the terms of this Agreement,
including, without limitation, the following: (i) all registration
and filing fees, and any other fees and expenses associated with
filings required to be made with the SEC or FINRA, (ii) all
fees and expenses relating to compliance with state securities or
“blue sky” laws, (iii) all printing, duplicating,
word processing, messenger, telephone, facsimile and delivery
expenses, (iv) all fees and disbursements of the Company’s
counsel and accountants, and (v) all fees and expenses
incurred in connection with the listing of the Registrable
Securities on any securities exchange; provided,
however, that all underwriting
discounts, selling commissions, selling or placement agent or
broker fees and commissions, and transfer taxes, if any, applicable
to the Registrable Securities shall be borne by the NextGen
Sellers, in proportion to the number of Registrable Securities sold
by each such NextGen Seller.

6.

INDEMNIFICATION.

 

(a) To the fullest
extent permitted by law, the Company will indemnify, hold harmless
and defend each NextGen Seller,
the members, directors, officers, partners, employees, agents,
representatives of each NextGen
Seller and each Person, if any, who controls any NextGen Seller within the meaning of the
Securities Act or the Securities Exchange Act of 1934, as amended
(the “Exchange
Act”) (each, an “Indemnified
Person”), against any losses, claims, damages,
liabilities, judgments, fines, penalties, charges, costs,
attorneys’ fees, amounts paid in settlement or expenses,
joint or several (collectively, “Claims”),
incurred in investigating, preparing or defending any action,
claim, suit, inquiry, proceeding, investigation or appeal taken
from the foregoing by or before any court or governmental,
administrative or other regulatory agency, body or the SEC, whether
pending or threatened, whether or not an indemnified party is or
may be a party thereto (“Indemnified
Damages”), to which any of them may become subject
insofar as such Claims arise out of or are based upon any untrue
statement or alleged untrue statement of a material fact in any
registration statement, prospectus, or any amendment or supplement
thereto or the omission or alleged omission to state a material
fact required to be stated therein or necessary to make the
statements therein not misleading. The Company shall reimburse each
Indemnified Person promptly as such expenses are incurred and are
due and payable, for any reasonable legal fees or other reasonable
expenses incurred by them in connection with investigating or
defending any such Claim. Notwithstanding anything to the contrary
contained herein, the indemnification agreement contained in this
Section
6(a) shall not apply to a Claim by an Indemnified Person to
the extent such Claim is based on an untrue statement, alleged
untrue statement, omission or alleged omission that is contained in
any information furnished in writing to the Company by any
NextGen Seller expressly for
use in connection with the preparation of the applicable
registration statement, prospectus or any amendments or supplements
thereto.

 

 

6

 

(b) To the fullest
extent permitted by law, each NextGen Seller agrees to severally
indemnify, hold harmless and defend, in the same manner as is set
forth in Section 6(a),
the Company, each of its directors, each of its officers who signs
a registration statement covering Registrable Securities, each
underwriter, broker or other Person acting on behalf of the holders
of Registrable Securities and each Person, if any, who controls any
of the foregoing Persons within the meaning of the Securities Act
or the Exchange Act (collectively and together with an Indemnified
Person, an “Indemnified
Party”), against any Claim or Indemnified Damages to
which any of them may become subject, under the Securities Act, the
Exchange Act or otherwise, insofar as such Claim or Indemnified
Damages arise out of or are based upon any untrue statement or
alleged untrue statement of a material fact in any registration
statement, prospectus, or any amendment or supplement thereto or
the omission or alleged omission to state a material fact required
to be stated therein or necessary to make the statements therein
not misleading, in each case to the extent, occurring based on
written information furnished to the Company by such NextGen Seller or the Representative
expressly for use in connection therewith; provided, however, that no NextGen Seller shall be liable under this
Section
6(b) for the amount of any Claim or Indemnified Damages that
exceeds the net proceeds to such NextGen Seller as a result of the sale of
Registrable Securities pursuant to such registration
statement.

 

(c) Promptly after
receipt by an Indemnified Person or Indemnified Party under this
Section
6 of notice of the commencement of any action or proceeding
(including any governmental action or proceeding) involving a
Claim, such Indemnified Person or Indemnified Party shall, if a
Claim in respect thereof is to be made against any indemnifying
party under this Section 6,
deliver to the indemnifying party a written notice of the
commencement thereof, and the indemnifying party shall have the
right to participate in, and, to the extent the indemnifying party
so desires, jointly with any other indemnifying party similarly
noticed, to assume control of the defense thereof with counsel
mutually satisfactory to the indemnifying party and the Indemnified
Person or the Indemnified Party, as the case may be;
provided,
however, that if any Indemnified Party
shall have reasonably concluded that
there may be one or more legal or equitable defenses available to
such Indemnified Party which
are additional to or conflict with those available to the
indemnifying party, or that such claim or litigation involves or
could have an effect upon matters beyond the scope of the indemnity
agreement provided hereunder, the indemnifying party shall not have
the right to assume the defense of such action on behalf of
such Indemnified Party (but
shall have the right to participate therein with counsel of its
choice) and such indemnifying party shall reimburse such
Indemnified Party for that portion of
the fees and expenses of any counsel retained by the
Indemnified Party which is reasonably
related to the matters covered by the indemnity agreement provided
hereunder. The Indemnified Party or the Indemnified Person,
as the case may be, shall cooperate fully with the indemnifying
party in connection with any negotiation or defense of any such
action or claim by the Indemnifying Party or Indemnified Person, as
the case may be, and shall furnish to the indemnifying party all
information reasonably available to the Indemnified Party or
Indemnified Person which relates to such action or claim. The
indemnifying party shall keep the Indemnified Party or Indemnified
Person, as applicable, fully apprised at all times as to the status
of the defense or any settlement negotiations with respect thereto.
No indemnifying party shall be liable for any settlement of any
action, claim or proceeding effected without its written consent,
provided, however, that the
indemnifying party shall not unreasonably withhold, delay or
condition its consent. No indemnifying party shall, without the
consent of the Indemnified Party or Indemnified Person, as
applicable, consent to entry of any judgment or enter into any
settlement or other compromise which does not include as an
unconditional term thereof the giving by the claimant or plaintiff
to such Indemnified Party or Indemnified Person, as applicable, of
a release from all liability in respect to such claim or
litigation. The failure to deliver written notice to the
indemnifying party within a reasonable time of the commencement of
any such action shall not relieve such indemnifying party of any
liability to the Indemnified Party or Indemnified Person, as
applicable, under this Section 6, except to the extent
that the indemnifying party is prejudiced in its ability to defend
such action.

 

 

7

 

(d) The indemnification
required by this Section
6 shall be made by periodic payments of the amount thereof
during the course of the investigation or defense, as and when
bills are received or Indemnified Damages are
incurred.

 

(e) The indemnity
agreements contained herein shall be in addition to (i) any cause
of action or similar right of the Indemnified Party or Indemnified
Person against the indemnifying party or others, and (ii) any
liabilities the indemnifying party may be subject to pursuant to
the law.

 

7. CONTRIBUTION.

 

If the indemnification provided for hereunder is
held by a court of competent jurisdiction to be unavailable to an
Indemnified Party with respect to any Claim or Indemnified Damages,
then the indemnifying party, in lieu of indemnifying such
Indemnified Party hereunder, shall contribute to the amounts paid
or payable by such Indemnified Party as a result of such Claim or
Indemnified Damages in such proportion as is appropriate to reflect
the relative fault of the indemnifying party on the one hand and of
the Indemnified Party on the other in connection with the
statements or omissions which resulted in such Claim or Indemnified
Damages, as well as any other relevant equitable considerations.
The relative fault of the indemnifying party and of the Indemnified
Party shall be determined by reference to, among other things,
whether the untrue or alleged untrue statement of a material fact
or the omission or alleged omission to state a material fact
relates to information supplied by the indemnifying party or by the
Indemnified Party and the parties’ relative intent,
knowledge, access to information and opportunity to correct or
prevent such statement or omission. The parties agree that it would
not be just and equitable if contribution pursuant hereto were
determined by pro rata allocation or by any other method or allocation
which does not take account of the equitable considerations
referred to herein. No Person guilty or liable of fraudulent
misrepresentation shall be entitled to contribution from any
Person.

 

 

8

 

8.

ASSIGNMENT OF
REGISTRATION RIGHTS.

 

The
Company shall not assign this Agreement or any rights or
obligations hereunder without the prior written consent of the
Representative, except as permitted by the terms of the Purchaser
Shareholders Agreement and the Purchase Agreement. Each NextGen Seller may assign its rights
hereunder to any purchaser or transferee of Registrable Securities,
subject to the terms of the Purchaser Stockholders Agreement and
the Purchase Agreement; provided,
however, no NextGen Seller
shall assign any of its rights hereunder to a Person not already a
party to this Agreement as a NextGen Seller unless and until such
Person executes and delivers to the Company a joinder to this
Agreement, pursuant to which such Person will thereupon become a
party to, and be bound by and obligated to comply with the terms
and provisions of this Agreement as a NextGen Seller
hereunder.

 

9.

MISCELLANEOUS.

 

(a) A Person is deemed
to be a holder of Registrable Securities whenever such Person owns
or is deemed to own of record such Registrable Securities. If the
Company receives conflicting instructions, notices or elections
from two or more Persons with respect to the same Registrable
Securities, the Company shall act upon the basis of instructions,
notice or election received from the registered owner of such
Registrable Securities.

 

(b) All notices and
other communications under this Agreement shall be in writing and
shall be given by personal delivery, nationally recognized
overnight courier or certified mail at the following addresses (or
to such other address as a Party may have specified by notice given
to the other Party pursuant to this provision):

 

	
 

	

If to
the Company:

	
 

	
 

	
 

	
 

	
 

	

Smart
Server, Inc.

4521
Sharon Road, Suite 370

Charlotte,
NC 28211

Attn:
Steven Berrard

	
 

	
 

	
 

	
 

	
 

	

With a
copy to (which shall not constitute notice or service of
process):

 

	
 

	
 

	

Akerman
LLP

350
East Las Olas Blvd., Suite 1600

Fort
Lauderdale, FL 33301

Attn:
Michael Francis

	
 

	
 

	
 

 

9

 

 

	
 

	

If to
the Representative or any NextGen Seller:

	
 

	
 

	
 

	
 

	
 

	

NextGen
Dealer Solutions, LLC

300 E.
John Carpenter Freeway, Suite 650Irving, TX 75062

Attn:
Kartik Kakarala

 

	
 

	
 

	

With a
copy to (which shall not constitute notice or service of
process):

 

	
 

	
 

	

Offit
Kurman, P.A.

8171
Maple Lawn Boulevard, Suite 200

Maple
Lawn, MD 20759

Attn:
Glenn D. Solomon, Esquire

 

Any
such notice or communication shall be deemed to have been received
(i) when delivered, if personally delivered, (ii) on the next
Business Day after dispatch, if sent postage pre-paid by nationally
recognized, overnight courier guaranteeing next Business Day
delivery, and (iii) on the 5th Business Day following the date on
which the piece of mail containing such communication is posted, if
sent by certified mail, postage prepaid, return receipt
requested.

(c) If any provision of
this Agreement is invalid, illegal or unenforceable, the balance of
this Agreement shall remain in effect. Upon such determination that
any term or other provision is invalid, illegal or unenforceable,
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 a mutually acceptable manner in order that the
transactions contemplated hereby be consummated as originally
contemplated to the greatest extent possible.

 

(d) This Agreement may
be executed in one or more counterparts, each of which shall be
deemed an original but all of which together will constitute one
and the same instrument. Delivery of an executed counterpart of a
signature page to this Agreement by facsimile, .pdf or other
electronic means shall be effective as delivery of a manually
executed counterpart to the Agreement.

 

(e) This Agreement
shall be governed by and construed in accordance with the internal
laws of the State of Nevada (without giving effect to any choice or
conflict of law provision or rule (whether of the State of Nevada
or any other jurisdiction) that would cause the application of the
laws of any jurisdiction other than the State of Nevada). Each of
the parties submits to the exclusive jurisdiction of any state or
federal court within [_______] County, Nevada in any action or
proceeding arising out of or relating to this Agreement and agrees
that all claims in respect of the action or proceeding shall be
exclusively heard and determined in any such court. The parties
hereby irrevocably waive, to the fullest extent permitted by
applicable Law, any objection which they may now or hereafter have
to the laying of venue of any such dispute brought in such court.
Each of the parties waives any defense of inconvenient forum to the
maintenance of any action or proceeding so brought. The court shall
award to the prevailing party in any dispute under this Agreement
all of its costs and expenses, including reasonable attorneys'
fees, incurred in connection with the proceeding. EACH OF THE
PARTIES HERETO HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL
BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATED TO THIS
AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.

 

 

10

 

This
Agreement and the Purchase Agreement represent the entire
understanding and agreement among the parties with respect to the
subject matter hereof and can only be amended, supplemented or
changed by written instrument making specific reference to this
Agreement signed by the Company or the Representative on behalf of
the NextGen Sellers. Any provision hereof can be waived by written
instrument signed by the Company, in the case of an amendment,
supplement, modification or waiver sought to be enforced against
the Company, or by written instrument signed by the applicable
NextGen Seller or the Representative on behalf of such NextGen
Sellers, in the case of an amendment, supplement, modification or
waiver sought to be enforced against any NextGen Seller. The waiver
by any party of a breach of any provision of this Agreement shall
not operate or be construed as a further or continuing waiver of
such breach or as a waiver of any other or subsequent breach. No
failure on the part of any party to exercise, and no delay in
exercising, any right, power or remedy hereunder shall operate as a
waiver thereof, nor shall any single or partial exercise of such
right, power or remedy by such party preclude any other or further
exercise thereof or the exercise of any other right, power or
remedy. All remedies hereunder are cumulative and are not exclusive
of any other remedies provided by law.

* * * * *

 

 

 

 

 

 

11

 

IN WITNESS WHEREOF, the
parties have caused this Registration Rights Agreement to be duly
executed as of day and year first above written.

 

 

	
 

	

THE
COMPANY:          

	
 

	
 

	
 

	
 

	

SMART
SERVER, INC.

 

 /s/ Marshall Chesrown    
      
     

Name:
Marshall Chesrown

Title:
Chief Executive Officer

 

 

	
 

	

REPRESENTATIVE:

 

/s/ Kartik Kakarala
                 
     

Kartik
Kakarala

 

 

STOCKHOLDER:

 

 

NEXTGEN
DEALER SOLUTIONS, LLC

 

 

By:/s/
Kartik Kakarala              
   

Name:
Kartik Kakarala

Title:
Manager

 

 

 

 

 

 

 

[Signature
Page to Registration Rights Agreement]

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