Document:

EX-10.4

 Exhibit 10.4 

PARTIAL ASSIGNMENT AGREEMENT 

This PARTIAL ASSIGNMENT AGREEMENT (the “Assignment”) is made and entered into as of
                    , 2017, by and between Atlas Resources Public #18-2009(C) L.P., a Delaware limited partnership
(“Assignor”) and DGOC Series 18(C), L.P., a Delaware limited partnership (“Assignee”). 

RECITALS 
 WHEREAS,
Assignor is party to that certain Drilling and Operating Agreement with Atlas Resources, LLC, a Pennsylvania limited liability company (“Titan”), dated September 17, 2009 (the “Operating Agreement”); 

WHEREAS, pursuant to such Operating Agreement, Assignor acquired certain of Titan’s rights to develop certain wells in the United
States; 
 WHEREAS, pursuant to a Contribution Agreement by and between Assignor and Assignee, dated
                    , 2017 (the “Contribution Agreement”), Assignor contributed the Set I Wells (as defined in the
Contribution Agreement) subject to the Operating Agreement, while retaining all other wells subject to the Operating Agreement; and 

WHEREAS, Assignor desires to transfer and assign to Assignee all of Assignor’s rights, title and interest in and to the Operating
Agreement as it relates to the Set I Wells, and Assignee desires to accept such assignment. 
 AGREEMENT 

NOW, THEREFORE, the parties hereto, intending to be legally bound, do hereby agree as follows: 

1. Assignor hereby transfers and assigns to Assignee, and Assignee hereby acquires from Assignor all of Assignor’s rights, title, and
interest in and to the Operating Agreement as it relates to the Set I Wells set forth on Exhibit A attached hereto (the partial assignment of the Operating Agreement with respect to the Set I Wells is referred to as the “Set I
Assignment”), and Assignee hereby assumes and agrees to perform all of the obligations of the Assignor pursuant to the Set I Assignment, of whatever kind or nature, from and after the date of this Assignment. 

2. The parties shall each take such further actions and to execute, acknowledge and deliver all such further documents as are reasonably
requested by the other party for carrying out the purposes of this Assignment or of any document delivered pursuant to this Assignment. 
 3.
The effective date of this Assignment shall be                     , 2017. 

4. All of the provisions hereof will inure to the benefit of, and be binding upon the respective successors and assigns of Assignor and
Assignee. All references herein to either Assignor or Assignee will include their respective successors and assigns. 

 5. This Assignment may be executed in one or more counterparts, each of which will be deemed an
original but all of which together will constitute one and the same agreement. 
 [Signature Page Follows] 

 IN WITNESS WHEREOF, the parties hereto have duly executed this Assignment on the date first
written above. 
  

			
	ASSIGNOR:
	
	ATLAS RESOURCES PUBLIC #18-2009(C) L.P.
		
	By:	 	Atlas Resources, LLC,
	 a Pennsylvania limited liability company,

as general partner

		
	By:	 	 
	Name:	 	
	Title:	 	
	
	ASSIGNEE:
	
	DGOC SERIES 18(C), L.P.
		
	By:	 	Atlas Resources, LLC,
	 a Pennsylvania limited liability company,

as general partner

		
	By:	 	 
	Name:	 	
	Title:	 	
	
	The following party joins this document solely for the purpose of consenting to this partial assignment of the Operating Agreement:
	
	 ATLAS RESOURCES, LLC,
 a
Pennsylvania limited liability company

		
	By:	 	 
	Name:	 	
	Title:	 	

 Exhibit A 

See the Drilling and Operating Agreement for Atlas Resources Public #18-2009 (C) L.P. (incorporated by reference to Exhibit (II) to the Form S-1/A
Registration Statement of Atlas Resources Public #18-2009 (C) L.P. dated October 15, 2008, as amended).EX-10.5

 Exhibit 10.5 

PARTIAL ASSIGNMENT AGREEMENT 

This PARTIAL ASSIGNMENT AGREEMENT (the “Assignment”) is made and entered into as of
                    , 2017, by and between Atlas Resources, LLC, a Pennsylvania limited liability company
(“Assignor”), on the one hand, and Atlas Energy Tennessee, LLC, a Pennsylvania limited liability company (“Atlas Tennessee”), and Diversified Oil & Gas, LLC, an Alabama limited liability
company (“Diversified O&G”, and together with Atlas Tennessee, the “Assignees”), on the other hand. 

RECITALS 
 WHEREAS,
Assignor is party to that certain Drilling and Operating Agreement with Atlas Resources Public #18-2009(C) L.P., a Delaware limited partnership (“Atlas LP”), dated September 17, 2009 (the “Operating
Agreement”); 
 WHEREAS, pursuant to such Operating Agreement, Atlas LP acquired certain of Assignor’s rights to
develop certain wells in the United States; 
 WHEREAS, pursuant to that certain Contribution Agreement (the “Contribution
Agreement”) by and between Atlas LP and DGOC Series 18(C), L.P., a Delaware limited partnership (“DGOC LP”), dated
                    , 2017, Atlas LP contributed the Set I Wells (as defined in the Contribution Agreement) subject to the Operating Agreement
to DGOC LP, while retaining those other wells subject to the Operating Agreement; 
 WHEREAS, pursuant to that certain Partial
Assignment Agreement by and between Atlas LP and DGOC LP dated                     , 2017, Atlas LP assigned all its rights, title and
interest in and to the Operating Agreement only as it pertains to the Set I Wells to DGOC LP; 
 WHEREAS, Assignor desires to
transfer and assign all of Assignor’s rights, title and interest in and to the Operating Agreement only as it pertains to the Set I Wells (i) located in the State of Tennessee to Atlas Tennessee and (ii) located in the State of
Pennsylvania to Diversified O&G, and Atlas Tennessee and Diversified O&G each desire to accept such assignment. 
 AGREEMENT

 NOW, THEREFORE, the parties hereto, intending to be legally bound, do hereby agree as follows: 

1. Assignor hereby transfers and assigns to Atlas Tennessee, and Atlas Tennessee hereby acquires from Assignor all of Assignor’s rights,
title, and interest in and to the Operating Agreement attached hereto as Exhibit A, but only as it pertains to the Set I Wells located in the State of Tennessee, and Atlas Tennessee hereby assumes and agrees to perform all of the obligations
of the Assignor under the Operating Agreement as it pertains to the Set I Wells located in the State of Tennessee, of whatever kind or nature, from and after the date of this Assignment. 

2. Assignor hereby transfers and assigns to Diversified O&G, and Diversified O&G hereby acquires from Assignor all of Assignor’s
rights, title, and interest in and to the Operating Agreement attached hereto as Exhibit A, but only as it pertains to the Set I Wells located in the 

 
State of Pennsylvania, and Diversified O&G hereby assumes and agrees to perform all of the obligations of the Assignor under the Operating Agreement as it pertains to the Set I Wells located
in the State of Pennsylvania, of whatever kind or nature, from and after the date of this Assignment. 
 3. The parties shall each take such
further actions and to execute, acknowledge and deliver all such further documents as are reasonably requested by the other party for carrying out the purposes of this Assignment or of any document delivered pursuant to this Assignment. 

4. The effective date of this Assignment shall be
                    , 2017. 
 5.
All of the provisions hereof will inure to the benefit of, and be binding upon the respective successors and assigns of Assignor and Assignees. All references herein to either Assignor or Assignees will include their respective successors and
assigns. 
 6. This Assignment may be executed in one or more counterparts, each of which will be deemed an original but all of which
together will constitute one and the same agreement. 
 [Signature Page Follows] 

 IN WITNESS WHEREOF, the parties hereto have duly executed this Assignment on the date first
written above. 
  

			
	ASSIGNOR:
	
	ATLAS RESOURCES, LLC
		
	By:	 	 
	Name:	 	
	Title:	 	
	
	ASSIGNEE:
	
	ATLAS ENERGY TENNESSEE, LLC
		
	By:	 	 
	Name:	 	
	Title:	 	
	
	DIVERSIFIED OIL & GAS, LLC
		
	By:	 	 
	Name:	 	
	Title:	 	
	
	The following parties join this document solely for the purpose of consenting to this partial assignment of the Operating Agreement:
	
	ATLAS RESOURCES PUBLIC #18-2009(C) L.P.
		
	By:	 	Atlas Resources, LLC,
	a Pennsylvania limited liability company
		
	By:	 	 
	Name:	 	
	Title:	 	

 
			
	DGOC SERIES 18(C), L.P.
		
	By:	 	DGOC Partnership Holdings II, LLC,
	a Delaware limited liability company
		
	By:	 	 
	Name:	 	
	Title:	 	

 Exhibit A 

See the Drilling and Operating Agreement for Atlas Resources Public #18-2009 (C) L.P. (incorporated by reference to Exhibit (II) to the Form S-1/A
Registration Statement of Atlas Resources Public #18-2009 (C) L.P. dated October 15, 2008, as amended).Exhibit
10.1

 

AGREEMENT

 

AGREEMENT
(the “Agreement”), dated as of September 4, 2017, by and between One Horizon Group, Inc., a Delaware corporation,
with an office at Tierney Building, T1017 University of Limerick, Limerick, Ireland (the “Company”), and Zhanming
Wu (“Wu”).

 

R
E C I T A L S:

 

Wu
acquired the Company’s 8% Series A Convertible Debenture in the initial principal amount of US$3,500,000 (the “Convertible
Debenture”).

 

In
consideration of Wu’s agreement not to demand payment of the Convertible Debenture on or prior to October 1, 2017, Wu has
demanded and the Company has agreed to grant to Wu the rights set forth herein.

 

Capitalized
terms used and not defined herein have the meanings ascribed thereto in the SPA.

 

NOW,
THEREFORE, the Company and Wu hereby agree as follows:

 

1.       Confirmation
and Augmentation of Conversion Rights. (a) In addition to such rights as are set forth in the Convertible Debenture, the Company
agrees that during the period commencing as of the date hereof and ending on January 31, 2018, Wu shall have the right to convert
Three Million Dollars ($3,000,000) of the outstanding principal amount of the Convertible Debenture and all interest accrued but
not yet paid on the entire principal amount of the Convertible Debenture, into thirteen million shares of the Common Stock of
the Company. Upon consummation of such conversion, the remaining balance of the Convertible Debenture shall be deemed cancelled
and there shall be issued to Wu a promissory note in the initial principal amount of $500,000 bearing interest at the rate of
7% per annum. The principal amount and interest accrued on such note shall be payable on August 31, 2019.

 

(b)       The
conversion of the Convertible Debenture pursuant to the terms hereof shall be effected in accordance with Sections 5.c of the
Convertible Debenture. In addition, the conversion price set forth herein shall be subject to adjustment as set forth in Section
5.d (i) and (ii) of the Convertible Debenture.

 

2.       Elimination
of Caps. Should Wu exercise the right of conversion set forth in this Agreement, the number of shares of Common Stock issuable
upon such exercise shall not be subject to the Conversion Limit set forth in Section 5.a (iii) of the Convertible Debenture or
any other limitation on the conversion thereof except as described in Section 3 below.

 

3.       Exchange
Cap. The Company has advised Wu that the issuance of Common Stock pursuant hereto may be subject to the Exchange Cap. Promptly
after the date hereof the Company shall take such actions as are available to it to cause the issuance of Common Stock pursuant
to the terms hereof to be exempt from or otherwise not subject to the Exchange Cap, including, without limitation, (i) calling
a meeting of its stockholders at which they consider a proposal to approve the issuance provided for herein and in anticipation
of which the Company solicits proxies to enable it to vote in favor of such issuance on behalf of its stockholders; (ii) if the
same can be accomplished without violation of the applicable securities laws and the rules and regulations of the NASDAQ OMX Market,
arranging for the execution of written consents by the holders of a sufficient number of its outstanding shares of Common Stock
to permit the issuance of Common Stock in excess of the Exchange Cap upon exercise of the rights granted herein and (iii) file
a proxy statement or information statement, as appropriate, with the U. S. Securities and Exchange Commission (the “SEC”)
and use all reasonable efforts to have such proxy statement or information statement cleared by the SEC.

 

     

     

    

 

4.       Board Representation. If and so long as Wu beneficially owns more than thirty percent (30%) of the outstanding shares of the Company’s
common stock (i) Wu will have the right to designate up to four (4) members for election to the Company’s Board of Directors
and (ii) the Company agrees to set, by resolution of the Board of Directors or otherwise, the authorized number of members of
its Board of Directors to seven (7). Upon Wu’s exercise of such right, the Company shall cause its Board of Directors to
take such action, including expanding the size of the Board of Directors if necessary to appoint up to four (4) nominees designated
by Wu to the Board of Directors.

 

5.       
Standstill. Wu hereby agrees not to demand payment of the Convertible Debenture as provided by Section 9. A. of the Convertible
Debenture on or prior to October 1, 2017, which, for the avoidance of doubt means that Wu may send a notice prior to such date
but that the date on which payment is demanded shall not be prior to November 1, 2017.

 

6.       Wu’s
Representations and Warranties. Wu represents and warrants that as of the date hereof:

 

(a)       He
remains the beneficial owner of the entirety of the Convertible Note

 

(b)       He
is an “accredited investor” as that term is defined in Rule 501(a) of Regulation D.

 

(c)       He
understands that the issuance of the rights granted herein is being made in reliance on specific exemptions from the registration
requirements of United States federal and state securities laws and that the Company is relying in part upon the truth and accuracy
of, and Wu’s compliance with, the representations, warranties, agreements, acknowledgments and understandings of Wu set
forth herein in order to determine the availability of such exemptions and the eligibility of Wu to acquire the rights granted
herein

 

(d)       This
Agreement shall constitute the legal, valid and binding obligation of Wu enforceable against him in accordance with its terms,
except as such enforceability may be limited by general principles of equity or to applicable bankruptcy, insolvency, reorganization,
moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’
rights and remedies.

 

(e)       The
execution, delivery and performance by Wu of this Agreement and the consummation by Wu of the transactions contemplated hereby
will not result in a violation of any law, rule, regulation, order, judgment or decree (including federal and state securities
laws) applicable to Wu.

 

     

     

    

 

7.  
Representations and Warranties of the Company. The Company represents and warrants to Wu that as of the date hereof:

 

(a)       The
Company is duly organized and validly existing and in good standing under the laws of the jurisdiction in it was formed, and has
the requisite power and authorization to own properties and carry on its business as now being conducted and as presently proposed
to be conducted. The Company is duly qualified as a foreign entity to do business and is in good standing in every jurisdiction
in which its ownership of property or the nature of the business conducted by it makes such qualification necessary, except to
the extent that the failure to be so qualified or be in good standing would not reasonably be expected to have a Material Adverse
Effect. As used in this Agreement, “Material Adverse Effect” means any material adverse effect on the business, properties,
assets, liabilities, operations, results of operations, condition (financial or otherwise) or prospects of the Company or on the
transactions contemplated hereby or by the agreements and instruments to be entered into in connection herewith, or on the authority
or ability of the Company to perform any of its obligations hereunder.

 

(b)       The
Company has the requisite power and authority to enter into and perform its obligations under this Agreement and the Convertible
Debenture and to issue the Common Stock in accordance with the terms hereof and thereof. The execution and delivery of this Agreement
by the Company and the consummation by the Company of the transactions contemplated hereby and thereby, including, without limitation,
the issuance of the Common Stock upon exercise of the rights granted herein have been duly authorized by the Company’s Board
of Directors and other than the listing of the Common Stock to be issued upon exercise of the rights granted herein or in the
Convertible Debenture no further filing, consent, or authorization is required by the Company, its Board of Directors or its shareholders.
This Agreement has been duly executed and delivered by the Company, and this Agreement and the Convertible Debenture constitute
the legal, valid and binding obligations of the Company, enforceable against the Company in accordance with their respective terms,
except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization,
moratorium, liquidation or similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights
and remedies.

 

(c)       The issuance of the Common Stock pursuant to the rights granted herein and in the Debenture is duly authorized and, upon issuance,
shall be validly issued and free from all preemptive or similar rights, taxes, liens, charges and other encumbrances with respect
to the issue thereof. As of the date hereof, a number of shares of Common Stock shall have been duly authorized and reserved for
issuance which equals or exceeds the maximum number of Conversion Shares issuable pursuant hereto ant pursuant to the Convertible
Debenture based on the conversion price provided for herein, without taking into account any limitations on the issuance thereof
pursuant to the terms of the Convertible Debenture. The shares of Common Stock issued upon exercise of the rights granted herein
or pursuant to the Convertible Debenture, respectively, upon issuance in accordance with the terms hereof and thereof, will be
validly issued, fully paid and non-assessable and free from all preemptive or similar rights, taxes, liens, charges and other
encumbrances with respect to the issue thereof, with the holders being entitled to all rights accorded to a holder of Common Stock.

 

     

     

    

 

(d)
       The execution, delivery and performance of this Agreement by the Company and the consummation
by the Company of the transactions contemplated hereby (including, without limitation, the issuance of the Common Stock) will
not (i) result in a violation of the Articles of Incorporation or Bylaws of the Company, any memorandum of association, certificate
of incorporation, certificate of formation, bylaws, any certificate of designations or other constituent documents of the Company
or (ii) conflict with, or constitute a default (or an event which with notice or lapse of time or both would become a default)
in any respect under, or give to others any rights of termination, amendment, acceleration or cancellation of, any agreement,
indenture or instrument to which the Company is a party, or (iii) result in a violation of any law, rule, regulation, order, judgment
or decree (including other foreign, federal and state securities laws and regulations and the rules and regulations of NASDAQ
and including all applicable laws of the State of Delaware and any foreign, federal and state laws, rules and regulations applicable
to the Company or by which any property or asset of the Company is bound or affected.

 

(e)
       The Company is not required to obtain any consent, authorization or order of, or make any filing or registration with, any court,
governmental agency or any regulatory or self-regulatory agency or any other person in order for it to execute, deliver or perform
any of its obligations under or contemplated hereby and the listing of the Common Stock on the NASDAQ Market (the “Principal
Market”). The Company is not in violation of the listing requirements of the Principal Market and has no knowledge of any
facts or circumstances that would reasonably lead to delisting or suspension of the Common Stock in the foreseeable future. The
issuance by the Company of the Common Stock shall not have the effect of delisting or suspending the Common Stock from the Principal
Market, provided the Company obtains the required shareholder vote or otherwise obtains an exemption from the 20% limitation.

 

(f)
       Upon the consummation of the transactions contemplated by that certain Stock Purchase Agreement, to be consummated on or about
August 10, 2017 (the “Collins SPA”), by and between the Company and Brian Collins, neither the Company nor any Excluded
Entities (as such term is defined in the Collins SPA) will have (i) any liabilities, obligations or adverse claims (whether liquidated
or unliquidated, secured or unsecured, absolute, accrued, contingent or otherwise) or (ii) outstanding secured or unsecured Indebtedness,
including shares of preferred stock, other than as disclosed in its Form 10-Q for the quarter ended March 31, 2017, or, in the
case of clause (i), incurred subsequent to March 31, 2017 in the ordinary course of the Company and the Excluded Entities’
businesses

 

7.       MISCELLANEOUS.
       (a)        Section 7 of the Convertible Debenture is incorporated herein in its entirety.

 

(b)
   Except as specifically supplemented hereby, the terms of the Convertible Debenture and SPA remain in full force and effect.

 

(c)

   The headings of this Agreement are for convenience of reference and shall not form part of, or affect the interpretation of, this
Agreement.

 

     

     

    

 

(d)
   
If any provision of this Agreement is prohibited by law or otherwise determined to be invalid or unenforceable by a court of competent
jurisdiction, the provision that would otherwise be prohibited, invalid or unenforceable shall be deemed amended to apply to the
broadest extent that it would be valid and enforceable, and the invalidity or unenforceability of such provision shall not affect
the validity of the remaining provisions of this Agreement so long as this Agreement as so modified continues to express, without
material change, the original intentions of the parties as to the subject matter hereof and the prohibited nature, invalidity
or unenforceability of the provision(s) in question does not substantially impair the respective expectations or reciprocal obligations
of the parties or the practical realization of the benefits that would otherwise be conferred upon the parties. The parties will
endeavor in good faith negotiations to replace the prohibited, invalid or unenforceable provision(s) with a valid provision(s),
the effect of which comes as close as possible to that of the prohibited, invalid or unenforceable provision(s).

 

(e)

   Section 20 of the Convertible Debenture is incorporated herein in its entirety.

 

(f)

   This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors and assigns.

 

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

 

One
Horizon Group, Inc.                 

 

	By:	/s/Martin
    Ward	 	/s/
    Zhanming Wu	 
	 	An Authorized
    Party	 	Zhanming Wu	 

 

c/o
Dachao Asset Management (Shanghai) Co. Ltd.

704
Unit   No 868 Puming Rd, Poly Building No 5, Pudong New District, Shanghai, China

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