Document:

EXHIBIT 10.1

               ASSIGNMENT AND ASSUMPTION OF LIABILITIES AGREEMENT

Agreement made as of the 23rd day of May, 2005 between Ocean West Enterprises,
Inc., a 100% owned subsidiary of Ocean West Holding Corporation ("OWHC"), which
is being spun off to the Shareholders of OWHC as of May 23, 2005
("Enterprises"). For $1.00, and other valuable consideration, receipt of which
is hereby acknowledged, Enterprises hereby assumes, and OWHC hereby assigns to
Enterprises, all liabilities and obligations ("Liabilities") of OWHC as of the
date hereof both known and unknown including, but not limited to, the
Liabilities described on Exhibit A hereto, and Enterprises agrees to pay the
Liabilities and to do and perform each and every thing required of Enterprises
to be done or performed in the same manner and with the same effect as though it
originally had been obligated on the Liabilities. Enterprises and Consumer
Direct of America, the majority shareholder of Enterprises following such
spinoff, hereby jointly indemnify and hold harmless OWHC and its officers,
directors, employees, representatives and shareholders from all such
Liabilities.

In WITNESS WHEREOF, the parties have duly executed this Assignment and
Assumption of Liabilities Agreement as of this 23 day of May, 2005.

                                        Ocean West Enterprises, Inc.

                                        By: /s/ Wayne Bailey
                                            ------------------------------------
                                            Wayne Bailey

                                        Ocean West Holding Corporation

                                        By: /s/ Wayne Bailey
                                            ------------------------------------
                                            Wayne Bailey

                                        Consumer Direct of America

                                        By: /s/ Michael Barron
                                            ------------------------------------
                                            Michael Barron

<PAGE>

                                    EXHIBIT A

                               ASSUMED LIABILITIES

1. "Accounts Payable and Accrued Expenses"

2. Due to Stockholder

3. Current Maturities of Long Term Debt

4. Long Term Debt

5. Due to Ocean West EnterprisesLetter
      of Engagement

    Titan
      Global Holdings, Inc.

    September
      20, 2006

    

    

    The
      following sets forth the agreement for the engagement of Trilogy Capital
      Partners, Inc. (“Trilogy”)
      by
      Titan Global Holdings, Inc. (“TTGL”
or
      the
“Company”):

    

    
      	
              Term
                and 

              Termination

            	 	
              Twelve months,
                commencing as of the date set forth above (the “Initial
                Term”),
                and terminable thereafter by either party upon 30 days’ prior written
                notice. 

            
	 	 	 
	
              Objective

            	 	
              The
                development and implementation of a proactive marketing program designed
                to increase the investor awareness of TTGL in the investment community
                and
                generate a significant increase in liquidity and market capitalization.
                

            
	 	 	 
	
              The
                Program

            	 	
              Trilogy
                will structure and implement a marketing program designed to create
                extensive financial market and investor awareness for TTGL to drive
                long-term shareholder support. The core drivers of the program will
                be to
                inform
                potential
                institutional and retail investors
                of TTGL’s business and stimulate interest in investment
                in
                the Company’s stock through a proactive sales and marketing program
                emphasizing technology-driven communications and leveraging TTGL’s image
                to attract additional long term investors and to create additional
                opportunities in M&A and Business Development. As share price is
                affected by various factors, Trilogy can give no assurance that the
                marketing program will result in an increase in TTGL’s stock
                price.

            
	 	 	 
	 	 	
              Trilogy
                understands that during any period in which the Company is in
                “registration” for a public offering of securities under the Securities
                Act of 1933, and during the distribution of such securities, the
                Company’s
                investor relations and marketing efforts will be severely limited.
                However, it will be the responsibility of the Company (with the advice
                of
                its securities counsel) to determine what investor relations and
                financial
                marketing efforts are permissible and non-permissible during such
                periods,
                and Trilogy will follow the direction of the Company and its securities
                counsel.

            
	 	 	 

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

     

    
      	
              Responsibilities

            	 	
              Trilogy
                will structure and implement the program described above in accordance
                with a marketing plan provided to TTGL. Trilogy will work in conjunction
                with the Company’s management, securities counsel, investment bankers,
                auditors and marketing director, and under supervision of executive
                management. Trilogy will designate a principal account representative
                to
                TTGL responsible for this engagement.

            
	 	 	 
	 	 	
              The
                content is as follows: 

              ·  Campaign
                Planning, Development and Execution 

              ·  Press
                Announcements: drafting, approval and distribution

              ·  Database
                Development and Management

              ·  Image
                Analysis: recommendations and implementation 

              ·  Messaging:
                institutional and retail

              ·  Online
                presentations: drafting and production responsibilities 

              ·  Website
                Overhaul - installation and maintenance of auto IR program 

              ·  Email
                messaging: targets: Retail and Institutional/Other databases

              ·  Media
                including Interactives and PowerPoints

              ·  Direct
                Mail: shareholder, media, TTGL relationship universe

              ·  Public
                Relations

              ·  Capital
                Conferences

            
	 	 	 
	 	 	
              Trilogy
                will not publish or publicly release any press release or other public
                communication or document referring to the Company (“IR
                Documents”)
                regarding the Company, or cause any other party to do so, that has
                not
                been approved in writing by the Company. The Company assumes
                responsibility for the accuracy and completeness of all IR Documents
                which
                it has approved and the compliance of such IR Documents with applicable
                laws, rules and regulations. The Company agrees that Trilogy has
                no
                obligation or duty to verify the accuracy or completeness of the
                IR
                Documents.

            
	 	 	 
	
              Confidentiality
                

              and
                Material 

              Information

            	 	
              Trilogy
                agrees that all Confidential Information shall remain the property
                of the
                Company and will be held and treated by Trilogy and its affiliates,
                directors, officers and employees (collectively, the “Representatives”)
                in confidence and will not, except as provided in this Agreement,
                without
                the prior written consent of the Company, be disclosed by Trilogy
                or its
                Representatives, in any manner whatsoever, in whole or in part, and
                will
                not be used by Trilogy or its Representatives other than in connection
                with performing the duties and responsibilities of Trilogy under
                this
                Agreement.

            
	 	 	 

    

     

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

     

    
      	 	 	
              “Confidential
                Information”
                means all technical, commercial, financial or other information concerning
                the business, affairs and operations of the Company and its affiliates
                and
                which the Company or its agents or representatives have provided
                or will
                provide to Trilogy in connection with its services hereunder whether
                provided in writing, electronically or verbally. Notwithstanding
                the
                foregoing, the following will not constitute "Confidential Information"
                for purposes of this Agreement: (i) information which is available
                in the
                public domain or marketplace; (ii) information which after disclosure
                to
                Trilogy by the Company becomes part of the public domain by publication
                or
                otherwise, expect by breach by Trilogy of the terms of this Agreement;
                (iii) information which was rightfully in the possession of Trilogy
                at the
                time of disclosure to Trilogy by the Company; and (iv) information
                which
                is rightfully received by Trilogy from a third party who is not prohibited
                from transmitting the information to Trilogy by a contractual, legal
                or
                fiduciary obligation to the Company.

            
	 	 	 
	
              Fees

            	 	
              $12,500
                per month, with the first payment due on execution, payable by wire
                transfer of funds to the account designated by Trilogy, and the remaining
                payment due on the first date of each monthly anniversary of each
                month
                (e.g.
                the second payment is due October 18, 2006). 

            
	 	 	 
	
              Equity

              Compensation

            	 	
              TTGL
                has concurrently herewith issued to Trilogy an aggregate of 2,450,000
                Warrants. Each Warrant represents the right to purchase 1,225,000
                shares
                of Common Stock for $1.00 per share and 1,225,000 shares of Common
                Stock
                for $1.50 per share at any time through the third year following
                issuance.
                The Company agrees to file a Registration Statement with the Securities
                and Exchange Commission registering the resale of the shares underlying
                the Warrants no later than sixty (60) days from the date of this
                Agreement. 

            
	 	 	 
	
              Marketing
                

              Budget

            	 	
              To
                support the financial marketing program, TTGL acknowledges that it
                will
                incur certain third party marketing costs. Trilogy will not incur
                these
                costs on behalf of the Company except with the approval of the Company
                or
                pursuant to a budget approved by the Company (which budget shall
                not be
                less than $200,000 over 12 months). The Company shall have no obligation
                to reimburse Trilogy for any third party marketing cost that exceeds
                the
                approved budget or is otherwise not approved by the Company. The
                Company
                understands that prompt payment of these costs is vital to the on-going
                investor relations program, and therefore shall pay these costs promptly
                upon invoice, to Trilogy (to enable Trilogy to promptly reimburse
                these
                third parties). The Company shall indemnify and hold Trilogy harmless
                from
                any losses, claims, costs, expenses, liabilities and damages from
                failure
                to timely pay these third party marketing costs.

            
	 	 	 

    

     

    
      
         

      

      
        -3-

        
          

        

      

      
         

      

    

     

     

    
      	
              Indemnification

            	 	
              The
                Company agrees to provide the indemnification set forth in “Exhibit A”
                attached hereto. 

            
	 	 	 
	
              Corporate
                Obligations

            	 	
              The
                obligations of Trilogy under this Agreement are solely corporate
                obligations, and no officer, director, employee, agent, shareholder
                or
                controlling person of Trilogy shall be subject to any personal liability
                whatsoever to any person, nor will any such claim be asserted by
                or on
                behalf of any other party to this Agreement.

            
	 	 	 
	
              Additional
                Services

            	 	
              If
                Trilogy is called upon to render services directly or indirectly
                relating
                to the subject matter of this Agreement, beyond the services contemplated
                above (including, but not limited to, production of documents, answering
                interrogatories, giving depositions, giving expert or other testimony,
                whether by agreement, subpoena or otherwise), the Company shall pay
                to
                Trilogy a reasonable hourly rates for the persons involved for the
                time
                expended in rendering such services, including, but not limited to,
                time
                for meetings, conferences, preparation and travel, and all related
                costs
                and expenses and the reasonable legal fees and expenses of Trilogy’s
                counsel. This Section is not intended to address circumstances in
                which
                Trilogy has a claim for indemnification, which circumstances are
                addressed
                by Exhibit A to this Agreement.

            
	 	 	 
	
              Survival
                of 

              Certain
                

              Provisions

            	 	
              The
                Sections entitled “Indemnification” (including “Exhibit A”), “Corporate
                Obligations” and “Additional Services” shall survive any termination of
                this Agreement and Trilogy’s engagement pursuant to this Agreement. In
                addition, such termination shall not terminate Trilogy’s right to
                compensation accrued through the date of termination and for reimbursement
                of allowed expenses (including third party marketing costs). Any
                purported
                termination of this Agreement by the Company prior to the end of
                the
                Initial Term other than for material breach or default in accordance
                with
                “Term and Termination” above, or any termination by Trilogy as a result of
                non-payment or other material breach by the Company (including the
                failure
                to pay third-party marketing costs), shall not terminate Trilogy’s right
                to the fees through the entire Initial Term (as Trilogy’s time and
                commitment are expected to be greater in the first part of its
                engagement).

            
	 	 	 

    

     

    
      
         

      

      
        -4-

        
          

        

      

      
         

      

    

     

    
      	
              Services/Costs

            	 	
              The
                compensation paid to Trilogy under this Agreement will cover all
                costs for
                services by Trilogy and Trilogy personnel. Travel and entertainment
                costs
                for Trilogy personnel, in addition to certain third-party costs,
                will be
                borne by the Company and included in the marketing budget prepared
                by
                Trilogy. Trilogy will provide reasonable documentation to support
                reimbursement claims. Trilogy will not incur any particular reimbursable
                cost of $500 or more without the written approval from the Company.
                These
                reimbursable costs are not third-party marketing costs under “Marketing
                Budget.”

            
	 	 	 
	
              Attorneys’
                Fees

            	 	
              If
                any action or proceeding is brought to enforce or interpret any provision
                of this Agreement, the prevailing party shall be entitled to recover
                as an
                element of its costs, and not its damages, reasonable attorneys’ fees to
                be fixed by the court. 

            
	 	 	 
	
              Governing
                Law

            	 	
              California,
                without giving effect to the principles of conflicts of law
                thereof.

            
	 	 	 
	 	 	
            

    

    
      
 

    Agreed
      and Accepted:

     

    
      	
              Titan
                Global Holdings, Inc.

            	 	
              Trilogy
                Capital Partners, Inc.

            
	 	 	 	 	 
	 	 	 	 	 
	By	 /s/
              Bryan Chance	 	
              By

            	/s/ Paul
              Karon
	 	
              
Bryan
              Chance	 	 	
              
Paul
              Karon
	 	
              President
                and CEO

            	 	 	
              President

            

    

     

    
      
         

      

      
        -5-

        
          

        

      

      
         

      

    

     

    EXHIBIT
      A

    

    Indemnification
      Provisions

    

    

    Titan
      Global Holdings, Inc. (the
      “Company”)
      unconditionally, absolutely and irrevocably agrees to and shall indemnify and
      hold harmless Trilogy Capital Partners, Inc. (“Trilogy”)
      and
      its past, present and future directors, officers, affiliates, counsel,
      shareholders, employees, agents, representatives, contractors, successors and
      assigns (Trilogy and such persons are collectively referred to as the
“Indemnified
      Persons”)
      from
      and against any and all losses, claims, costs, expenses, liabilities and damages
      (or actions in respect thereof) arising out of or related to this Agreement,
      and
      any actions taken or omitted to be taken by an Indemnified Party in connection
      with this Agreement (“Indemnified
      Claim”).
      Without limiting the generality of the foregoing, such indemnification shall
      cover losses, claims, costs, expenses, liabilities and damages imposed on or
      incurred by the Indemnified Persons, directly or indirectly, relating to,
      resulting from, or arising out of any: (i) actual or alleged misstatement
      of fact or omission of fact, or any actual or alleged inaccuracy in any
      information provided or approved by the Company in connection with the
      engagement, including any actual or alleged misstatement, omission or
      inaccuracy in any SEC filing, press release, website, marketing
      material or other document, or oral presentation or webcast, whether or not
      the
      Indemnified Persons relied thereon or had knowledge thereof. In addition, the
      Company agrees to reimburse the Indemnified Persons for legal or other expenses
      reasonably incurred by them in respect of each Indemnified Claim at the time
      such expenses are incurred. Notwithstanding the foregoing, the Company shall
      not
      be obligated under the foregoing for any loss, claim, liability or damage that
      is finally determined by a court with proper jurisdiction to have resulted
      primarily from the willful misconduct (including a willful breach of the
      obligations of Trilogy under the Agreement) or bad faith of the Indemnified
      Person. 

     

    

     

    
      
         

      

      
        -6-

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