Document:

ΤΕRMIΝΑΤΙΟΝ
ΑGRΕΕΜΕΝΤ

 

THIS
TERMINATION AGREEMENT (the "Termination Agreement") is made and entered into as of this 13th day of August,
2015 [the "Termination Date" by and between Art LifeStyle Group Inc, of Miami, Florida and La Filotea Productions, Inc.
of Miami, Florida collectively referred to as "Parties".

 

RECITALS

 

WHEREAS,
the Parties have entered into a Lease and Operating Agreement, dated May 1, 2015 (the "Agreement"), for
the purpose of operating the business of La Filotea Productions, Inc. on its property and utilize their staff;

 

WHEREAS,
the Parties have decided to terminate the said Agreement under the terms and conditions
as set forth hereunder.

 

NOW,
THEREFORE, in consideration of the mutual covenants and other good and valuable consideration
Hereinafter set forth, the receipt and
sufficiency of which is hereby acknowledged, the Parties hereby agree as follows:

 

1.
ΤΕRΜΙΝΑΤΙΟΝ

 

The
Parties hereby agree that as of the Termination Date, the said Agreement shall stand terminated and thereafter
it shall have no future force or effect. Also, the Parties will not be liable for any ongoing obligations except
for the surviving obligations under the said Agreement, La Filotea Productions, Inc. shall pay back that outstanding
loan provided by Art LifeStyle Group Inc plus interest with the first installment of 51,530.00 on August 18, 2015 and the remainder
on or before August 31, 2015,

 

Any
payment not remunerated within ten [10] days of its due date shall be subject to a belatedly charge of 5% of the
payment, not to exceed $150.00 for any such late installment. If for any reason, La Filotea Productions, Inc. fails to make any
payment on time, Arc LifeStyle Group Inc can then order instant payment of the entire outstanding balance of this loan, without
giving anyone further notices. If La Filotea Productions, Inc. has not paid the full amount of the loan when the final payment
is due, Arc LifeStyle Group Inc will charge La Filotea Productions, Inc. interest on the unpaid balance at 8 percent [%] per year.

 

2.
SURVIVING OBLIGATIONS

 

The
Parties shall only remain obligated for any obligations that were intended to survive the expiration of the term of
the Agreement as provided therein.

 

3.
RELEASE

 

The
Parties do hereby mutually remise, release and forever discharge each other and their respective administrators,
executors, representatives, successors and assigns, from any and all actions, causes of action, suits, debts, accounts, covenants,
disputes, agreements, promises, damages, judgments, executions, claims and demands whatsoever in law or in equity that they ever
had, now has, or that they or their administrators, executors, representatives, successors and assigns hereafter can or may have,
by reason of any act, omission, matter, cause or thing whatsoever occurring at any time prior to the execution of this Termination
Agreement, whether known or unknown, suspected or unsuspected, foreseen or unforeseen.

 

4.
ΝΟΤICES

 

All
written notices or other written communications required under this Agreement shall be deemed properly given
when provided to the parties entitled thereto by personal delivery (including delivery by services such as messengers and airfreight
forwarders), by electronic means (such as by electronic mail, telex or facsimile transmission) or by mail sent registered or certified
mail.

 

All
notices given by electronic means shall be confirmed by delivering to the party entitled thereto a copy of said notice
by certified or registered mail, postage prepaid, return receipt requested. All written notices shall be deemed delivered and
properly received five (5) days after mailing the notice, in the case of written notice given by mail, or upon the earlier of
two (2) days after the mailing of the confirmation notice or upon actual receipt of the notice provided by personal delivery or
electronics means.

 

5.
SUCCESSORS & ASSIGNS 

 

This
Agreement is binding upon each Party, and shall inure to the benefit of each Party to this Agreement and their respective
officers, directors, employees, agents, subsidiaries, parent corporations, affiliated companies, successors,
assigns, agents, heirs, and personal representatives,

 

6.
ENTIRE AGREEMENTS

 

This
Agreement constitutes the entire understanding between the parties hereto as to the termination of the Lease Agreement and it
merges all prior discussions between them relating thereto. Any amendment or modification
to this Agreement shall be effective only if in writing and signed by each party hereto,

 

7.
SEVERABILITY

 

In
the event that any provision of this Agreement is determined to be invalid or unenforceable by a court of competent
jurisdiction, the remainder of this Agreement shall remain in full force and effect without said provision. In such event, the
Parties shall in good faith attempt to negotiate a substitute clause for any provision declared invalid or unenforceable, which
substitute clause shall most nearly approximate the intent of the Parties in agreeing to such invalid provision, without itself
being invalid.

 

8.
COUNTERPARTS

 

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

 

9.
GOVERNING LAW

 

This
Agreement will be governed by and interpreted and construed in accordance with the laws of the State of Florida, without regard
to conflict of laws principles thereof.

 

IN
WITNESS WHEREOF, the parties have executed this Termination Agreement as of the dates set forth below their
respective signatures.

 

	/s/ Carlos López Martínez	 	/s/
    Gabriela Paz
	 	 	 
	Arc LifeStyle Group Inc	 	La Filotea Productions, Inc.
	Carlos Lopez Martinez	 	Gabriela Paz
	CEO	 	CEOStock
Purchase Agreement

 

THIS
AGREEMENT is made and entered on 13th May 2015 by and between Arc LifeStyle Group Inc (“Seller”) and CBC
Consultants Ltd (“Purchaser”).

 

WITNESSETH:

 

WHEREAS,
the Seller, Arc LifeStyle Group Inc., is the issuer of the capital stock of Arc LifeStyle Group Inc. (hereinafter referred to
as “ARC”), a Florida corporation which has authority to sell 350,000 shares of capital stock for $9,991.04 (9,000.00€),
and

 

WHEREAS,
the Purchaser desires to purchase said stock and the Seller desires to sell said stock, upon the terms and subject to the conditions
hereinafter set forth;

 

NOW,
THEREFORE, in consideration of the mutual covenants and Agreements contained in this Agreement, and in order to consummate the
purchase and the sale of the Corporation’s Stock aforementioned, it is hereby agreed as follows:

 

Purchase
and Sale

Subject
to the terms and conditions hereinafter set forth, at the closing of the transaction contemplated hereby, the Seller shall sell,
convey, transfer, and deliver to the Purchaser certificates representing all such stock, and the Purchaser shall purchase from
the Seller the Corporation’s Stock in consideration of the purchase price set forth in this Agreement. The certificates
representing the Corporation’s Stock shall be duly endorsed for transfer or accompanied by appropriate stock transfer powers
duly executed in blank, in either case with signatures guaranteed in the customary fashion, and shall have all the necessary documentary
transfer tax stamps affixed thereto at the expense of the Seller.

 

Amount
and Payment of Purchase Price

		(a)	Consideration

As
total consideration for the purchase and sale of the Corporation’s Stock, pursuant to this Agreement, the Purchaser shall
pay to the Seller the sum of $9,991.04 (9,000.00€), such total consideration to be referred to in this Agreement as the “Purchase
Price”.

 

		(b)	Payment

The
Purchase Price shall be paid as follows:

 

		 	i.        
                                         The sum of $9,991.04 (9,000.00€) to be delivered to Seller upon execution of this
                                         Agreement or such other date and time as the parties hereto may otherwise agree.

 

Representations
and Warranties of Seller

Seller
hereby warrants and represents:

 

		(a)	Organization
                                         and Standing

The
Seller is a stockholder and record owner of the issued and outstanding shares of the capital stock of the Corporation, which is
a corporation duly organized, validly existing and in good standing under the laws of the State of Florida has the corporate power
and authority to carry on its business as it is now being conducted.

 

    	 	1	 

    	 

    

		(b)	Restrictions
                                         on Stock

 

		 	i.        
                                         Seller is the lawful owner of the Stock, free and clear of all security interests, liens,
                                         encumbrances, equities and other charges.
	 	 	 
	 	 	ii.        
                                         There are no existing warrants, options, stock purchase agreements, redemption agreements,
                                         restrictions of any nature, calls or rights to subscribe of any character relating to
                                         the stock, nor are there any securities convertible into such stock.

 

 

Representations
and Warranties of Seller and Purchaser

Seller
and Purchaser hereby represent and warrant that there has been no act or omission by Seller and Purchaser which would give rise
to any valid claim against any of the parties hereto for a brokerage commission, finder’s fee, or other like payment in
connection with the transactions contemplated hereby.

 

General
Provisions

		(a)	Entire
                                         Agreement

This
Agreement (including any written amendments hereof executed by the parties) constitutes the entire Agreement and supersedes all
prior agreement sand understandings, oral and written, between the parties hereto with respect to the subject matter hereof.

 

		(b)	Sections
                                         and Other Headings 

The
section and other headings contained in the Agreement are for reference purposes only and shall not affect the meaning or interpretation
of this Agreement.

 

		(c)	Governing
                                         Law

This
Agreement, and all transactions contemplated hereby, shall be governed by, construed and enforced in accordance with the laws
of the State of Florida. In the event that litigation results from or arises out of this Agreement or the performance thereof,
the parties agree to reimburse the prevailing party’s reasonable attorney’s fees, court costs, and all other expenses,
whether or not taxable by the court as costs, in addition to any other relief to which the prevailing party may be entitled.

 

IN
WITNESS WHEREOF, this Agreement has been executed by each of the individual parties hereto on the date first above written.

 

	SELLER:	 	 
	 	 	 
	/s/
    Carlos López Martínez	 	 
	Carlos López Martínez	 	 
	CEO –
    Arc LifeStyle Group Inc	 	 
	Date: 05/13/2015	 	 
	 	 	 
	 	 	 
	PURCHASER:	 	 
	 	 	 
	/s/
    Cristina Martínez Martín	 	 
	Cristina Martínez Martín	 	 
	CEO –
    CBC Consultants Ltd	 	 
	Date: 05/13/2015	 	 

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