Document:

urbf_ex101.htm

EXHIBIT 10.1

 

 

 

  

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7urbf_ex102.htm

EXHIBIT 10.2

 

 

 

  

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7Exhibit 10.1

 

SHARE EXCHANGE AGREEMENT

 

BY AND AMONG

 

WEBXU, INC.,

 

MTPM HOLDINGS, LLC AND

 

M.T. PERFORMANCE MARKETING, INC.

 

Dated: November 30, 2012

 

    	 

    	 	

    

 

SHARE EXCHANGE AGREEMENT

 

THIS SHARE EXCHANGE AGREEMENT, dated as of
November 30, 2012 (this “Agreement”), by and among WEBXU, INC., a corporation incorporated in the State of
Delaware, (“WEBXU”), on the one hand; and M.T. PERFORMANCE MARKETING, INC. (“MT”), a corporation
incorporated in the State of Delaware, and MTPM HOLDINGS, LLC (“MTPM”), the MT Shareholder, a corporation incorporated
in the State of Delaware, on the other hand. Each of MT, MT Entities and the MT Shareholder is sometimes individually referred
to herein as “MT”, a “MT Party,” or collectively as the “MT Parties.”
Each of WEBXU and the WEBXU Entities is sometimes individually referred to as a “WEBXU Party” and collectively
as the “WEBXU Parties”. Each of the Parties to this Agreement is individually referred to herein as
a “Party” and collectively as the “Parties.” Capitalized terms used herein that are not
otherwise defined herein shall have the meanings ascribed to them in Exhibit A hereto.

 

RECITALS

 

A. MTPM is the owner of and have good and valid
title to all of the issued and outstanding shares of MT (the “MT Shares”), free and clear of any Liens.

 

B. The Board of Directors of WEBXU believes
it is advisable and in the best interests of WEBXU and its stockholders that WEBXU acquire the MT Shares from MTPM (the “Share
Exchange”) pursuant to the terms of this Agreement.

 

AGREEMENT

 

NOW, THEREFORE, in consideration of the foregoing
and the respective representations, warranties, covenants and agreements set forth herein, and intending to be legally bound hereby,
the Parties agree as follows:

 

ARTICLE I

 

Share Exchange; Closing

 

Section 1.1 Exchange of Shares and Cash at
Closing. Upon the terms and subject to the conditions of this Agreement, and in reliance on the representations and warranties
set forth herein, at the Closing, MTPM agrees to convey, assign, transfer and deliver to WEBXU, and WEBXU agrees to acquire from
MTPM, all MTPM’s right, title and interest in the MT Shares owned of record or beneficially by MTPM, free and clear of any
Liens.

 

(i) Schedule 1.1 hereto sets forth the
number and type of MT Shares that MTPM will convey, assign, transfer and deliver to WEBXU hereunder subject to the terms of this
Agreement at the Closing. In exchange for the MT Shares, at the Closing, WEBXU shall sell, issue and deliver to MTPM free and clear
of all Liens, subject to the terms and conditions of this Agreement, (i) an aggregate of up to 13,000,000 shares of WEBXU Common
Stock (the “Transaction Shares”). WEBXU shall issue the Transaction Shares to MTPM based on the following schedule:

 

a)
11,500,000 shares of Common Stock at the Closing;

 

	

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b)
1,500,000 shares of Common Stock at the close of FY 2013 if the combined entity of Webxu/MediaTrust achieves greater than $2,000,000
in annual EBITDA

 

Section
1.2 Working Capital. MT agrees to leave all working capital in the company at Closing.

 

Section
1.3 Closing. The Closing (the “Closing”) of the Share Exchange and the other transactions contemplated
hereby (the “Transactions”), shall take place at the offices of

WEBXU,
3435 Ocean Park Blvd., Suite 107-282, Santa Monica, California 90405 commencing at 9:00 a.m. local time on the business day following
the satisfaction or waiver of all conditions and obligations of the Parties to consummate the Transactions contemplated hereby
or on such other date and at such other time as the Parties may mutually determine (the “Closing Date”).

 

Section
1.4 Deliveries of the Parties. At the Closing, (i) the MT Parties (directly and/or through their nominees) shall deliver
to the WEBXU Parties all stock certificates representing the MT Shares duly endorsed (or with executed stock powers) so as to
make WEBXU the sole owner thereof, together with the various certificates, instruments, agreements and documents referred to in
Section 8.2 below, and (ii) the WEBXU Parties shall deliver to the MT Parties the various other certificates, instruments, agreements
and documents referred to in Section 8.1 below.

 

Section
1.5 Further Assurances. Subject to the terms and conditions of this Agreement, at any time or from time to time after the
Closing, each of the Parties shall execute and deliver such other documents and instruments, provide such materials and information
and take such other actions as may be commercially reasonable, to the extent permitted by law, to fulfill its obligations under
this Agreement and to effectuate and consummate the Transactions.

 

Section
1.6 Tax Treatment. The Parties intend the Share Exchange to be treated as a tax-free reorganization under Section 368(a)
of the Internal Revenue Code of 1986, as amended. Notwithstanding the foregoing, the Parties agree and acknowledge that none of
the WEBXU Parties has made any representation, warranty or covenant regarding the status of the Share Exchange as a tax-free reorganization.

 

ARTICLE
II

 

Representations
and Warranties of MT Parties

 

Subject
to the exceptions set forth in the Disclosure Schedule of the MT Parties, each of the MT Parties jointly and severally represents
and warrants to the WEBXU Parties as of the date hereof and as of the Closing as follows:

 

Section
2.1 MT Shares.

 

(a)
Good Title. MTPM is the registered and beneficial owner of the MT Shares and has good and marketable title to the MT Shares,
with the right and authority to sell and deliver such MT Shares. Such shares constitute
all of the capital stock of MT. Upon delivery of the stock certificates duly assigned and delivered under this Agreement, WEBXU
will receive good title to all of the MT Shares, free and clear of all liens.

  

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(b) Capital Structure. The authorized capital stock
of MT consists of 50,000,000 shares of Common Stock, no par value, of which 30,949,121 shares are issued and outstanding. All outstanding
shares of the capital stock of MT are duly authorized, validly issued, fully paid and non-assessable and are not subject to or
issued in violation of any purchase option, call option, right of first refusal, preemptive right, subscription right or any similar
right under any provision of MT Constituent Instruments or any Contract to which any of the MT Parties is a party or otherwise
bound. There are no bonds, debentures, notes or other indebtedness having the right to vote (or convertible into, or exchangeable
for, securities having the right to vote) on any matters on which holders of the shares of capital stock of MT may vote. There
are no options to purchase shares of MT Common Stock outstanding. There are no warrants, rights, convertible or exchangeable securities,
“phantom” stock rights, stock appreciation rights, stock- based performance units, commitments, Contracts, arrangements
or undertakings of any kind to which any of the MT Entities is a party or is bound (A) obligating any of the MT Entities to issue,
deliver or sell, or cause to be issued, delivered or sold, additional shares of capital stock or other equity interests in, or
any security convertible or exercisable for or exchangeable into any capital stock of or other equity interest in, any of the MT
Entities, or (B) obligating any of the MT Entities to issue, grant, extend or enter into any such option, warrant, call, right,
security, commitment, Contract, arrangement or undertaking.

 

Section 2.2 Organization and Standing.
Each of the MT Entities is duly organized, validly existing and in good standing under the laws of its respective jurisdiction
of organization or formation. Each of the MT Entities is duly qualified to do business in each of the jurisdictions in which the
property owned, leased or operated by it or the nature of the business which it conducts requires qualification, except where the
failure to so qualify would not reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect.
Each of the MT Entities has all requisite power and authority to own, lease and operate its assets and properties and to carry
on its business as now being conducted.

 

Section 2.3 Authority; Execution and Delivery;
Enforceability. Each of the MT Parties, if an entity, has all requisite or other power and authority to execute and deliver
this Agreement and the other documents to which it is a party and to consummate the Transactions contemplated hereby and thereby.
The execution and delivery by the MT Parties of this Agreement and the consummation by them of the Transactions have been duly
authorized and approved by the boards of directors or other governing body of each of the MT Parties (if an entity), such authorization
and approval remains in effect and has not been rescinded or qualified in any way, and no other proceedings on the part of any
such entities are necessary to authorize this Agreement and the Transactions. Each of this Agreement and the other documents to
which any MT Party is a party has been duly executed and delivered by such party and constitutes the valid, binding, and enforceable
obligation of each of them, enforceable in accordance with its terms, except as enforceability may be limited by applicable bankruptcy,
insolvency, reorganization, moratorium, fraudulent transfer or similar laws of general application now or hereafter in effect affecting
the rights and remedies of creditors and by general principles of equity (regardless of whether enforcement is sought in a proceeding
at law or in equity).

 

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Section 2.4 Noncontravention. Neither
the execution, delivery, and performance by the MT Entities of this Agreement nor the consummation of the Share Exchange will:
(a) assuming the taking of any action by (including any authorization, consent or approval), or in respect of, or any filing with,
any Governmental Authority, violate any laws applicable or relating to the MT Entities; (b) result in a breach or violation of,
or default under, any contractual obligation of the MT Entities; (c) require any action by (including any authorization, consent
or approval) or in respect of (including notice to), any Person under any contractual obligation of MT; (d) result in the creation
or imposition of a Lien upon, or the forfeiture of, the Transaction Shares; or (e) result in a breach or violation of, or default
under, the organizational documents of MT.

 

Section 2.5 Subsidiaries. Section 2.5
of the MT Disclosure Schedule, lists as of the date hereof, all Subsidiaries and affiliated entities of MT and indicates as to
each the type of entity, its jurisdiction of organization and its shareholders or other equity holders. Except as set forth in
Section 2.5 of the MT Disclosure Schedule, MT does not directly or indirectly own any other equity or similar interest in or any
interest convertible or exchangeable or exercisable for, any equity or similar interest in, any corporation, partnership, joint
venture or other business association or entity. Except as set forth in Section 2.5 of the MT Disclosure Schedule, MT is the direct
or indirect owner of all outstanding shares of capital stock of its Subsidiaries, and all such shares are duly authorized, validly
issued, fully paid and non-assessable and are owned by MT free and clear of all Liens. Except as set forth in Section 2.5 of the
MT Disclosure Schedule, there are no outstanding subscriptions, options, warrants, puts, calls, rights, exchangeable or convertible
securities or other commitments or agreements of any character relating to the issued or unissued capital stock or other securities
of any Subsidiaries MT or otherwise obligating any Subsidiaries of MT to issue, transfer, sell, purchase, redeem or otherwise acquire
any such securities.

 

Section 2.6 No Conflicts. The execution
and delivery of this Agreement or any of the other documents contemplated hereby by each of the MT Parties and the consummation
of the Transactions and compliance with the terms hereof and thereof will not, (a) conflict with, or result in any violation of
or default (with or without notice or lapse of time, or both) under, or give rise to a right of termination, cancellation or acceleration
of any obligation or to loss of a material benefit under, or result in the creation of any Lien upon any of the assets and properties
of any MT Entity under any provision of: (i) any MT Constituent Instrument; (ii) any MT Material Contract (as defined in Section
2.19 herein) to which any MT Entity is a party or to or by which it (or any of its assets and properties) is subject or bound;
or (iii) conflict with any Material Permit of a MT Entity; (b) violate any material Judgment applicable to any MT Entity, or its
properties or assets, (c) terminate or modify, or give any third party the right to terminate or modify, the provisions or terms
of any Contract to which any MT Entity is a party; or (d) cause any of the assets owned by any MT Entity to be reassessed or revalued
by any Governmental Authority.

 

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Section 2.7 Consents and Approvals. No
consent, approval, license, permit, order or authorization of, or registration, declaration or filing with any Governmental Authority
(“Consent”) is required to be obtained or made by or with respect to any MT Party, in connection with the execution,
delivery and performance of this Agreement or the consummation of the Transactions, except for (a) such Consents as may be required
under applicable state securities laws and the securities laws of any foreign country; and (b) such other Consents which, if not
obtained or made, would not have a Material Adverse Effect on the MT Entities and would not prevent or materially alter or delay
any of the Transactions.

 

Section 2.8 Financial Statements. MT
has furnished to WEBXU its unaudited balance sheets for the fiscal year ended December 31, 2011, and YTD through September 30,
2012 and the related statements of income of MT for the period then ended and the related consolidated statements of income of
MT for the period then ended, collectively, the “MT Financial Statements”). The MT Financial Statements fairly
present in all material respects the financial condition and operating results of MT, as of the dates, and for the periods, indicated
therein, and have been prepared in accordance with GAAP, consistently applied (subject to normal year-end audit adjustments, the
effect of which will not, individually or in the aggregate, be materially adverse and, in the case of the interim financial statements,
the absence of notes that, if presented, would not, individually or in the aggregate, be materially adverse).

 

Section 2.9 Absence of Certain Changes or
Events. Except set forth below in this Section 2.9, from January 1, 2012 to the date of this Agreement, there has not been:

 

(a) any event, situation or effect
(whether or not covered by insurance) that has resulted in, or to the MT Entities’ Knowledge, is reasonably likely to result
in, a Material Adverse Effect on the MT Entities, with the exception of traffic interruptions and some vendor liabilities disclosed
to WEBXU management;

 

(b) any damage,
destruction or loss to, or any material interruption in the use of, any of the assets of any of the MT Entities (whether or not
covered by insurance) that has had or could reasonably be expected to have a Material Adverse Effect on the MT Entities;

 

(c) any material change to a Material
Contract by which any of the MT Entities or any of its respective assets is bound or subject;

 

(d) any mortgage, pledge, transfer
of a security interest in, or Lien, created by any of the MT Entities, with respect to any of its material properties or assets;

 

(e) any loans or guarantees made
by any of the MT Entities to or for the benefit of its officers or directors, or any members of their immediate families, or any
material loans or guarantees made by the MT Entities to or for the benefit of any of its employees or any members of their immediate
families, in each case, other than travel advances and other advances made in the ordinary course of its business;

 

(f) any sale, issuance or grant,
or authorization of the issuance of equity securities of any MT Entities;

 

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(g) any amendment to any MT Constituent
Instruments, any merger, consolidation, share exchange, business combination, recapitalization, reclassification of shares, stock
split, reverse stock split or similar transaction involving any MT Entities;

 

(h) any material Tax election by
any MT Entities;

 

(i) any commencement or settlement
of any material Actions (as defined below) by any of the MT Entities; or

 

(j) any negotiations, arrangement
or commitment by any of the MT .Entities to take any of the actions described in this Section 2.9.

 

Section 2.10 No Undisclosed
Liabilities. The MT Entities have no material obligations or liabilities of any nature (matured or un-matured, fixed or contingent,
including any obligations to issue capital stock or other securities of MT Entities) after December 31, 2011, other than (a) those
set forth or adequately provided for in the most recent Balance Sheet included in the MT Financial Statements (the “MT
Balance Sheet”), (b) those not required to be set forth in the MT Balance Sheet under U.S. GAAP, and (c) those incurred
since the date of the MT Balance Sheet in the ordinary course of business and not reasonably likely to result in a Material Adverse
Effect on MT Entities. None of the MT Entities has any Liabilities in respect of a guarantee of any Liability of any other Person.

 

Section 2.11 Litigation. As of the date
of this Agreement, there is no private or governmental action, suit, inquiry, notice of violation, claim, arbitration, audit, proceeding
(including any partial proceeding such as a deposition) or investigation (“Action”) pending or threatened in
writing against any of the MT Entities, any of their respective executive officers or directors (in their capacities as such) or
any of their respective properties before or by any Governmental Authority which (a) adversely affects or challenges the legality,
validity or enforceability of this Agreement or (b) could, if there were an unfavorable decision, individually or in the aggregate,
have or would reasonably be expected to result in a Material Adverse Effect on the MT Entities. As of the date of this Agreement,
there is no Judgment imposed upon any of the MT Entities or any of their respective properties, that would prevent, enjoin, alter
or materially delay any of the Transactions contemplated by this Agreement, or that would reasonably be expected to have a Material
Adverse Effect on the MT Entities. Neither the MT Entities, nor any director or executive officer thereof (in his or her capacity
as such), is or has been the subject of any Action involving a material claim or material violation of or material liability under
the securities laws of any Governmental Authority or a material claim of breach of fiduciary duty.

 

Section 2.12 Licenses, Permits, Etc. Each
of the MT Entities possesses or will possess prior to the Closing all Material Permits. As of the date of this Agreement, all such
Material Permits are in full force and effect. To the MT Entities’ Knowledge, none of the MT Entities is in breach or violation
of, or default under, any such Material Permit, and, to the MT Entities’ Knowledge, no basis exists which, with notice or
lapse of time or both, would constitute any such breach, violation, nor default, and the Material Permits will continue to be valid
and in full force and effect, on identical terms following the consummation of the Share Exchange.

 

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Section 2.13 Title to Properties.

 

(a) Real Property. No MT
Entity owns any real property. The MT Entities have a valid leasehold interest in and to each of real property for which the MT
Entities entered into a lease (the “MT Real Estate Leases”) free and clear of all Liens, and none of the MT
Real Estate Leases is in default, and, as of the date of this Agreement, the Chief Executive Officer of MT is not aware of any
default by any of the lessors thereunder, except any such default that, individually or in the aggregate, have not had and would
not reasonably be expected to have a Material Adverse Effect on the MT Entities. The MT Entities have delivered to WEBXU accurate
and complete copies of the MT Real Estate Leases, in each case as amended or otherwise modified and in effect, together with extension
notices and other material correspondence, lease summaries, notices or memoranda of lease, estoppel certificates and subordination,
non-disturbance and attornment agreements related thereto. With respect to each MT Real Estate Lease that is a sublease, to the
MT Entities’ Knowledge, the representations and warranties in this Section 2.13(a) are correct with respect to the underlying
lease.

 

(b) Tangible Personal Property.
Except as would not reasonably be expected to have a Material Adverse Effect on the MT Entities, the MT Entities are in possession
of and have good title to, or have valid leasehold interests in or valid contractual rights to use all tangible personal property
as reflected in the MT Financial Statements, and tangible personal property acquired (and not otherwise disposed of in the ordinary
course of business with a value not exceeding $1,000) since December 31, 2011 (collectively, the “MT Tangible Personal
Property”). All MT Tangible Personal Property is free and clear of all Liens, and is in good order and condition, ordinary
wear and tear excepted, and its use complies in all material respects with all applicable Laws.

 

(c) Accounts Receivable.
The accounts receivable of the MT Entities reflected in the MT Balance Sheet included in the MT Financial Statements have been
presented in accordance with U.S. GAAP applied in a manner consistent with the accounting principles applied in the preparation
of the MT Financial Statements.

 

Section 2.14 Intellectual Property. Section
2.14 of the MT Disclosure Schedule sets forth a description of any patents, trademarks, domain names, copyrights, and any applications
therefore which are material to the conduct of the business of the MT Entities taken as a whole. The MT Entities own, or are validly
licensed or otherwise have the right to use, all patents trademarks, domain names and copyrights listed on Section 2.14 of the
MT Disclosure Schedules and all trade names, service marks, computer software and trade secrets material to the conduct of their
business (taken as a whole) as currently conducted (“MT Intellectual Property Rights”), except for failures
to own, license or have rights to such MT Intellectual Property Rights as would not reasonably be expected to have a Material Adverse
Effect on the MT Entities. Except as set forth in Section 2.14 of the MT Disclosure Schedule and except as would not, individually
or in the aggregate, have or reasonably be expected to have a Material Adverse Effect on the MT Entities, (i) no claims are pending
or, to the knowledge of MT Entities, threatened that any of the MT Entities is infringing or otherwise adversely affecting the
rights of any Person with regard to any MT Intellectual Property Right; and (ii) to the Knowledge of MT Entities, no Person has
interfered with, infringed upon, diluted, misappropriated, or violated any MT Intellectual

 

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Property Right. The MT Entities have taken reasonable security measures
to protect the secrecy, confidentiality, and value of all MT Intellectual Property Rights, including requiring each current employee
of the MT Entities to execute a binding confidentiality agreement, copies or forms of which have been provided to WEBXU and, to
the MT Entities’ Knowledge, there has not been any breach by any party of such confidentiality agreements.

 

Section 2.15 Taxes.

 

(a) With the exception of 2010
and 2011 Tax Returns yet to be filed, the MT Entities have timely filed, or have caused to be timely filed on their behalf, all
Tax Returns that are or were required to be filed by or with respect to any of them, either separately or as a member of group
of corporations, pursuant to applicable Legal Requirements. All Tax Returns filed by (or that include on a consolidated basis)
any of the MT Entities were (and, as to a Tax Return not filed as of the date hereof, will be) in all respects true, complete and
accurate, except to the extent any failure to file or any inaccuracies in any filed Tax returns, individually or in the aggregate,
have not and would not reasonably be expected to have a Material Adverse Effect on the MT Entities. There are no unpaid Taxes claimed
to be due by any Governmental Authority in charge of taxation of any jurisdiction, nor any claim for additional Taxes for any period
for which Tax Returns have been filed, except to the extent any failure to file or any inaccuracies in any filed Tax returns, individually
or in the aggregate, have not and would not reasonably be expected to have a Material Adverse Effect on the MT Entities. WEBXU
will assume no domestic or international tax liability, including but not limited to state income tax, federal income tax, sales
or use tax, for any of the MT Entities or affiliated MT Parties; any and all of these liabilities will be assumed and paid for
by MTPM.

 

(b) None of the MT Entities has
received any notice that any Governmental Authority will audit or examine (except for any general audits or examinations routinely
performed by such Governmental Authorities), seek information with respect to, or make material claims or assessments with respect
to any Taxes for any period, with the following exceptions; (i) specific notices to MT from Canada regarding $1,620,003.49 (One
Million Six Hundred Twenty Thousand Three Dollars and Forty Nine Cents) in Canadian taxes due by MT related entities, as reflected
on the most recent MT Balance Sheet; (ii) $145,846.22 (One Hundred Forty Five Thousand Eight Hundred Forty Six Dollars and Twenty
Two Cents) “Due to MTI” as reflected on the most recent MT Balance Sheet; (iii) a Workman’s Compensation penalty
of approximately $100,000 (One Hundred Thousand) dollars, represented by MT on the document MT AP Aging 11-20-12 to be assessed
to a predecessor company for 2005-2009; (iv) an Employer’s Health Tax (Canadian) liability of $286,000 (Two Hundred Eighty
Six Thousand) dollars, represented by MT on the document MT AP Aging 11-20-12 to be assessed to a predecessor company for 2005-2009.
WEBXU will assume no domestic or international tax liability, including but not limited to state income tax, federal income tax,
sales or use tax, for any of the MT Entities or affiliated MT Parties; any and all of these liabilities, including but not limited
to items (i), (ii), (iii) and (iv) in this Section 2.15 (b) will be assumed and paid for by MTPM.

 

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(c) The MT Financial Statements
reflect an adequate reserve for all Taxes payable by MT Entities (in addition to any reserve for deferred Taxes to reflect timing
differences between book and Tax items) for all taxable periods and portions thereof through the date of such financial statements.
None of the MT Entities is either a party to or bound by any Tax indemnity, Tax sharing or similar agreement and the MT Entities
currently have no material liability and will not have any material liabilities for any Taxes of any other Person under any agreement
or by the operation of any Law. No deficiency with respect to any Taxes has been proposed, asserted or assessed against any of
the MT Entities, and no requests for waivers of the time to assess any such Taxes are pending, except to the extent any such deficiency
or request for waiver, individually or in the aggregate, has not had and would not reasonably be expected to have a Material Adverse
Effect on the MT Entities.

 

(d) None of the MT Entities has
requested any extension of time within which to file any Tax Return, which Tax Return has not since been filed. None of the MT
Entities has executed any outstanding waivers or comparable consents regarding the application of the statute of limitations with
respect to any Taxes or Tax Returns. No power of attorney currently in force has been granted by any of the MT Entities concerning
any Taxes or Tax Return.

 

Section 2.16 Employment Matters.

 

(a) Benefit Plan. The MT
Entities maintain vacation, severance, disability, death benefit, hospitalization, medical or other plans, arrangements or understandings
(whether or not legally binding) providing material benefits to current or former employees, officers or directors of any of the
MT Entities (collectively, “MT Benefit Plans”). As of the date of this Agreement, there are severance arrangements
currently in effect between the MT Entities and its current or former employees, officers or directors, which are identified in
Schedule 2.16. WEBXU will honor, with the right to amend, alter, replace or eliminate at anytime, for any MT employee that will
continue their employment post Closing with WEBXU, the following: (i) the accrued amount of vacation pay for each continuing employee,
with a cap of 3 weeks, and (ii) any disability, death benefit, hospitalization, medical or health plans that each continuing MT
employee is enrolled in at the Closing. WEBXU will not assume or pay any severance pay for any MT employees that were contractually
entitled to severance pay per their MT employment agreements; any severance pay shall be assumed and paid for by MTPM.

 

(b) Labor Matters. There
are no labor troubles (including any arbitrations, grievances, work slowdown, lockout, stoppage, picketing, or strike) pending,
or to the MT Entities’ Knowledge, threatened between any of the MT Entities, on the one hand, and its employees, on the other
hand, and there have been no such troubles at any time during the past five years. Except as disclosed on Section 2.16(b) of the
MT Disclosure Schedule, (a) no employee of the MT Entities is represented by a labor union, (b) none of the MT Entities is a party
to, or otherwise subject to, any collective bargaining agreement or other labor union contract, and (c) no petition has been filed
or proceedings instituted by or on behalf of an employee or group of employees of the MT Entities with any labor relations board
seeking recognition of a bargaining representative and there are no pending or threatened charges or complaints before the National
Labor Relations Board or analogous state of foreign Governmental Entities. None of the MT Entities, nor any MT Shareholder has
implemented any plant closings or layoff of employees that would constitute a “plant closing” or “mass layoff”
within the meaning of the Worker Adjustment and Retraining Notification Act of 1988 or any state of local analogy thereto.

 

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(c) Ongoing Employment of MT
Management. (i) Keith Cohn will receive an Employment Agreement with WEBXU at the Closing, the form of which is attached herein
as Appendix 1(a), (the “Employment Agreement”). From the Closing date and continuing through the end of month 6 after
the Closing date, should Keith Cohn resign or be terminated by WEBXU for cause, where cause will be defined by “Terminated
for Cause” section in Keith Cohn Employment Agreement, MTPM shall immediately return 100% of WEBXU shares it received as
part of this transaction. Beginning on the first day of month 7 after the closing date and continuing through the end of month
12 after the Closing date, should Keith Cohn resign or be terminated by WEBXU for cause, where cause will be defined by “Terminated
for Cause” section in Keith Cohn Employment Agreement, MTPM shall return 50% of WEBXU shares it received as part of this
transaction. (ii) Ken Chen will receive a Consulting Agreement with WEBXU at the Closing, the form of which is attached herein
as Appendix 1(b), (the “Consulting Agreement”). This Consulting Agreement will include responsibilities for maintaining
accounts, a non-compete clause, and compensation terms to be provided in the Agreement.

 

Section 2.17 Transactions With Affiliates
and Employees. None of the executive officers or directors of MT Entities is presently a party, directly or indirectly, to
any transaction with any of the MT Entities that is required to be disclosed under Rule 404(a) of Regulation S-K (other than for
services as employees, officers and directors), including any Contract providing for the furnishing of services to or by, providing
for rental of real or personal property to or from, or otherwise requiring payments to or from any executive officer, director
or, to the Knowledge of MT Entities, any entity in which any executive officer or director has a substantial interest or is an
officer, director, trustee or partner.

 

Section 2.18 Insurance. Section 2.18
of the MT Disclosure Schedule sets forth a complete and accurate list of all current insurance policies, letters of credit, and
surety bonds covering the assets, business, equipment, properties, operations, employees, officers, and directors of the MT Entities
(including without limitation, all fire, worker’s compensation, property, and general liability insurance policies). Such
policies are currently and will be until the Closing Date in full force and effect, and all premiums with respect thereto have
been paid to the extent due. Copies of all such policies have been made available to WEBXU for its inspection. None of the MT Entities
is in default under any of such policies and no notice of cancellation or termination has been received by the MT Entities or any
MT Shareholder with respect to any such policy.

 

Section 2.19 Material Contracts.

 

(a) MT has made available to WEBXU,
prior to the date of this Agreement, true, correct and complete copies of each of the following written Contracts, as amended and
supplemented to which any of the MT Entities is a party: (i) agreements that would be considered a material contract pursuant to
Item 601(b)(10) of Regulation S-K; (ii) loan agreements or indentures relating to any indebtedness of the MT Parties; and (iii)
agreements pursuant to which any of the MT Entities receives or pays amounts in excess of $10,000

 

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(each,
a “MT Material Contract”). A list of each such MT Material Contract is set forth on Section 2.19 of the MT
Disclosure Schedule. As of the date of this Agreement, none of the MT Entities is in violation of or in default under (nor does
there exist any condition which upon the passage of time or the giving of notice would cause such a violation of or default under)
any Contract to which it is a party or by which it or any of its properties or assets is bound, except for violations or defaults
that would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect on the MT Entities;
and, to the Knowledge of the MT Entities, as of the date of this Agreement, no other Person has violated or breached, or committed
any default under, any Material Contract, except for violations, breaches and defaults that, individually or in the aggregate,
have not had and would not reasonably be expected to have a Material Adverse Effect on the MT Entities.

 

(b) Each MT Material Contract is
a legal, valid and binding agreement, and is in full force and effect, and (i) none of the MT Entities is in breach or default
of any MT Material Contract to which it is a party in any material respect; (ii) no event has occurred or circumstance has existed
that (with or without notice or lapse of time), will or would reasonably be expected to, (A) contravene, conflict with or result
in a violation or breach of, or become a default or event of default under, any provision of any MT Material Contract; (B) permit
MT Entities or any other Person the right to declare a default or exercise any remedy under, or to accelerate the maturity or performance
of, or to cancel, terminate or modify any MT Material Contract; or (iii) none of the MT Entities has received notice of the pending
or threatened cancellation, revocation or termination of any MT Material Contract to which it is a party.

 

Section 2.20 Compliance with Applicable Laws
and Organizational Documents; Illegal Payments. The MT Entities are in compliance with all applicable Laws, including those
relating to occupational health and safety and the environment to which they are subject, except for instances of noncompliance
that, individually and in the aggregate, have not had and would not reasonably be expected to have a Material Adverse Effect on
the MT Entities. The MT Entities are not in breach or violation of, or default under, and to the MT Entities’ Knowledge,
and none of the MT Entities have at any time during the previous five years been in material breach or violation of, or default
under its organizational documents nor is there a basis which could constitute such a breach, violation or default. To the MT Entities’
Knowledge, in the conduct of its business, none of the MT Entities have, nor have any of its managers, officers, employees, or
agents, (x) directly or indirectly, given, or agreed to give, any illegal gift, contribution, payment, or similar benefit to any
supplier, customer, governmental official, or employee or other Person who was, is or may be in a position to help or hinder the
MT Entities (or assist in connection with any actual or proposed transaction) or made, or agreed to make, any illegal contribution,
or reimbursed any illegal political gift or contribution made by any other Person, to any candidate for federal, state, local,
or foreign public office or (y) established or maintained any unrecorded fund or asset or made any false entries on any books or
records for any purpose.

 

Section 2.21 Foreign Corrupt Practices.
None of the MT Entities, nor to the Knowledge of the MT Entities, any of their respective Representatives, has, in the course of
its actions for, or on behalf of, the MT Entities, directly or indirectly, (a) used any corporate funds for any unlawful contribution,
gift, entertainment or other unlawful expenses relating to political activity; (b) made any direct or indirect unlawful payment
to any Governmental Authority or any

 

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foreign or domestic government official or employee from corporate
funds; (c) violated or is in violation of any provision of the U.S. Foreign Corrupt Practices Act of 1977, as amended, and the
rules and regulations thereunder (the “FCPA”); or (d) made any unlawful bribe, rebate, payoff, influence payment,
kickback or other unlawful payment in connection with the operations of MT Entities to any foreign or domestic government official
or employee, except, in the case of clauses (a) and (b) above, any such items that, individually or in the aggregate, have not
had and would not reasonably be expected to have a Material Adverse Effect on the MT Entities.

 

Section 2.22 Money Laundering Laws. None
of the MT Entities has violated any money laundering statute or any rules and regulations relating to money laundering statutes
(collectively, the “Money Laundering Laws”) and no proceeding involving any MT Entities with respect to the
Money Laundering Laws is pending or, to the Knowledge of the MT Entities, is threatened.

 

Section 2.23 Brokers; Schedule of Fees and
Expenses. No broker, investment banker, financial advisor or other Person is entitled to any broker’s, finder’s,
financial advisor’s or other similar fee or commission in connection with this Agreement or the Transactions based upon arrangements
made by or on behalf of MT Entities.

 

Section 2.24 OFAC. None of the MT Entities,
any director or officer of the MT Entities, or, to the Knowledge of the MT Entities, any agent, employee, affiliate or Person acting
on behalf of the MT Entities is currently identified on the specially designated nationals or other blocked person list or otherwise
currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”);
and the MT Entities have not, directly or indirectly, used any funds, or loaned, contributed or otherwise made available such funds
to any Subsidiary, joint venture partner or other Person, in connection with any sales or operations in Cuba, Iran, Syria, Sudan,
Myanmar or any other country sanctioned by OFAC or for the purpose of financing the activities of any Person currently subject
to, or otherwise in violation of, any U.S. sanctions administered by OFAC.

 

Section 2.25 Environmental Matters. Each
of the MT Entities is in compliance with, and has not been and is not in material violation of or subject to any material liability
under, any Environmental Law and no proceeding involving any MT Entities with respect to any Environmental Law is pending or, to
the Knowledge of the officers of the MT Entities, is threatened. During the previous five years, (a) there has been no release
or threatened release by the MT Entities of any pollutant, petroleum or any fraction thereof, contaminant or toxic or hazardous
material (including toxic mold), substance or waste (each a “Hazardous Substance”) on, upon, into or from any
site currently or heretofore owned, leased, or otherwise used by the MT Entities, (b) there have been no Hazardous Substances generated
by the MT Entities that have been disposed of or come to rest at any site that has been included in any published U.S. federal,
state, or local “superfund” site list or any other similar list of hazardous or toxic waste sites published by any
Governmental Authority, (c) there are no underground storage tanks located on, no PCBs (polychlorinated biphenyls), or PCB-containing
Equipment used or stored on, and no hazardous waste as defined by the Resource Conservation and Recovery Act stored on, any site
owned or operated by the MT Entities, and (e) the MT Entities have made available to WEBXU true, accurate and complete copies of
all material environmental records, reports, notifications, certificates of need, permits, pending permit applications, correspondence,
engineering studies, and environmental studies or assessments, in each case as amended and in effect.

 

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Section 2.26 Customers and Suppliers.
Section 2.26 of the MT Disclosure Schedule sets forth a list of the current customers and suppliers of the MT Entities as of the
date of this Agreement (determined based on, in the case of customers, the amount of revenues recognized from such customer and,
in the case of suppliers, the dollar amount of payments made to such supplier). None of the MT Entities have received written notice
that any, and to the MT Entities’ Knowledge no, such customer or supplier plans or has threatened to stop or materially decrease
the rate of business done with the MT Entities. Each agreement relating to such customers and suppliers has been provided to WEBXU.

 

Section 2.27 Inventory. After considering
reserves, all inventories of raw material, work in process, finished products, goods, spare parts, replacement and component parts,
and office and other supplies used or to be distributed, licensed or sold in connection with the MT Entities’ business (“Inventory”)
(a) was acquired and has been maintained in the ordinary course of business, (b) is of good and merchantable quality, (c) consists
substantially of a quality, quantity and condition usable, leasable or saleable in the ordinary course of business, (d) is valued
at the lower of cost or market value, (e) is not subject to any write-down or write-off. None of the MT Entities is under any liability
or obligation with respect to the return of inventory in the possession of distributors, wholesalers, retailers, or other customers
in excess of established reserves. None of the MT Entities holds assets or properties on consignment or holds title to or ownership
of any assets or properties in the possession of others.

 

Section 2.28 Purchase for Investment.

 

(a) MTPM is acquiring the WEBXU
Securities for investment and not as a nominee or agent, and not with a view to the resale or distribution of any part thereof,
and MTPM does not have a present intention of selling, granting any participation in, or otherwise distributing the same.

 

(b) MTPM understands that the WEBXU
Securities are not registered under the Securities Act on the ground that the sale and the issuance of securities hereunder is
exempt from registration under the Securities Act pursuant to Section 4(2) thereof, and that WEBXU's reliance on such exemption
is predicated on the representations set forth herein.

 

Section 2.29 Investment Experience. MTPM
acknowledges that he or it can bear the economic risk of his or its investment, and has such knowledge and experience in financial
and business matters that it is capable of evaluating the merits and risks of the investment in the WEBXU Securities. MTPM acknowledges
that neither the Securities and Exchange Commission (“SEC”), nor the securities regulatory body of any state
or other jurisdiction has received, considered or passed upon the accuracy or adequacy of the information and representations made
in this Agreement or any of the information provided to MTPM as described in Section 2.30 below.

 

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Section 2.30 Information. MTPM has carefully
reviewed such information as MTPM deemed necessary to evaluate an investment in the WEBXU Securities. To the full satisfaction
of MTPM, it has been furnished all materials that it has requested relating to WEBXU and the issuance of the WEBXU Securities hereunder,
and MTPM has been afforded the opportunity to ask questions of representatives of WEBXU to obtain any information necessary to
verify the accuracy of any representations or information made or given to MTPM.

 

Section 2.31 Restricted Securities. Each
certificate representing WEBXU Securities issued to MTPM, if in the U.S., shall be endorsed with following legend:

 

“THE SECURITIES WHICH ARE REPRESENTED BY THIS CERTIFICATE
HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, TRANSFERRED, HYPOTHECATED OR OTHERWISE
DISPOSED OF UNTIL A REGISTRATION STATEMENT WITH RESPECT THERETO IS DECLARED EFFECTIVE UNDER SUCH ACT, OR BEYOND COMMERCE, INC.
RECEIVES AN OPINION OF COUNSEL FOR THE HOLDER REASONABLY SATISFACTORY TO COUNSEL FOR WEBXU, INC. THAT AN EXEMPTION FROM THE REGISTRATION
REQUIREMENTS OF SUCH ACT IS AVAILABLE.”

 

Each certificate representing WEBXU Securities
issued to MTPM, if outside the U.S., shall be endorsed with following legends:

 

“THE SECURITIES ARE BEING OFFERED TO INVESTORS WHO
ARE NOT U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT OF 1933, AS AMENDED (“SECURITIES ACT”)) AND
WITHOUT REGISTRATION WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION UNDER THE SECURITIES ACT IN RELIANCE UPON SECTION
4(2) OF THE SECURITIES ACT.”

 

“TRANSFER OF THESE SECURITIES IS PROHIBITED, EXCEPT
IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S, PURSUANT TO REGISTRATION UNDER THE SECURITIES ACT, OR PURSUANT TO AVAILABLE
EXEMPTION FROM REGISTRATION. HEDGING TRANSACTION MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE SECURITIES ACT.”

 

MTPM understands that the WEBXU Securities may
not be sold, transferred, or otherwise disposed of without registration under the Securities Act or an exemption therefrom, and
that in the absence of an effective registration statement covering the WEBXU Securities or any available exemption from registration
under the Securities Act, the WEBXU Securities must be held indefinitely. MTPM is aware that the WEBXU Securities may not be sold
pursuant to Rule 144 promulgated under the Securities Act unless all of the conditions of that Rule are met.

 

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ARTICLE III 

 

Representations and Warranties of WEBXU

 

WEBXU represents and warrants to the MT Parties
as follows:

 

Section 3.1 Organization and Standing.
WEBXU is duly organized, validly existing and in good standing under the laws of the State of Delaware. WEBXU is duly qualified
to do business in each of the jurisdictions in which the property owned, leased or operated by WEBXU or the nature of the business
which it conducts requires qualification, except where the failure to so qualify would not reasonably be expected to have a Material
Adverse Effect on WEBXU. WEBXU has the requisite power and authority to own, lease and operate its tangible assets and properties
and to carry on its business as now being conducted and, subject to necessary approvals of the relevant Government Authorities,
as presently contemplated to be conducted.

 

Section 3.2 Authority; Execution and Delivery;
Enforceability. WEBXU has all requisite corporate power and authority to execute and deliver this Agreement and the other documents
to which it is a Party and to consummate the Transactions. The execution and delivery by WEBXU of this Agreement and the consummation
by WEBXU of the Transactions have been duly authorized and approved by the WEBXU Board and no other corporate proceedings on the
part of WEBXU are necessary to authorize this Agreement and the Transactions. All action, corporate and otherwise, necessary to
be taken by WEBXU to authorize the execution, delivery and performance of this Agreement and all other agreements and instruments
delivered by WEBXU in connection with the Transactions have been duly and validly taken. Each of this Agreement and any other documents
to which WEBXU is a Party, has been duly executed and delivered by WEBXU and constitutes the valid, binding, and enforceable obligation
of WEBXU, enforceable in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency,
reorganization, moratorium, fraudulent transfer or similar laws of general application now or hereafter in effect affecting the
rights and remedies of creditors and by general principles of equity (regardless of whether enforcement is sought in a proceeding
at law or in equity).

 

Section 3.3 No Conflicts. The execution
and delivery of this Agreement and the consummation of the Transactions and compliance with the terms hereof and thereof will not,
(a) conflict with, or result in any violation of or default (with or without notice or lapse of time, or both) under, or give rise
to a right of termination, cancellation or acceleration of any obligation or to loss of a material benefit under, or result in
the creation of any Lien (other than any Liens for Taxes not yet due or delinquent or any statutory Liens arising in the ordinary
course of business by operation of Law and which are not, individually or in the aggregate, significant) upon any of the assets
and properties of WEBXU, under, any provision of: (i) the Articles of Incorporation of WEBXU, as amended to the date of this Agreement,
or the bylaws of WEBXU, as amended to the date of this Agreement (the “WEBXU Constituent Instruments”); or (ii)
any WEBXU Contract that has been filed by WEBXU with the SEC and to which WEBXU is a party or to or by which it (or any of its
assets and properties) is subject or bound; (b) subject to the filings and other matters referred to in Section 3.4, conflict with
any material Judgment or Law applicable to WEBXU, or its properties or assets; (c) result in any suspension, revocation, impairment,
forfeiture or nonrenewal of any Permit applicable to WEBXU; or (d) terminate or modify, or give any third party the right to terminate
or modify, the provisions or terms of any Contract to which WEBXU is a party.

 

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Section 3.4 Consents and Approvals. No
Consent of, or registration, declaration or filing with, or permit from, any Governmental Authority is required to be obtained
or made by or with respect to WEBXU in connection with the execution, delivery and performance of this Agreement or the consummation
of the Transactions, other than (i) any filings as required under applicable securities laws; and (ii) the procurement of such
other consents, authorizations, filings, approvals and registrations which, if not obtained or made, would not have a Material
Adverse Effect on WEBXU and would not prevent, or materially alter or delay consummation of any of the Transactions.

 

Section 3.5 [Intentionally Omitted]

 

Section 3.6 Absence of Certain Changes or
Events. Since the date of the most recent financial statements included in the WEBXU financial statements provided to MT prior
to the date of this Agreement, there has not been:

 

(a) any event, situation or effect
(whether or not covered by insurance) that has resulted in, or to WEBXU’s Knowledge, is reasonably likely to result in, a
Material Adverse Effect on WEBXU;

 

(b) any damage,
destruction or loss to, or any material interruption in the use of, any of the assets of WEBXU (whether or not covered by insurance)
that has had or could reasonably be expected to have a Material Adverse Effect on WEBXU;

 

(c) any material change to a material
Contract by which WEBXU or any of its assets is bound or subject;

 

(d) any material change in any
compensation arrangement or agreement with any employee, officer, or director;

 

(e) any resignation or termination
or planned resignation or termination of employment of the Chief Executive Officer or Chief Financial Officer of WEBXU;

 

(f) any mortgage, pledge, transfer
of a security interest in, or Lien, created by WEBXU, with respect to any of its material properties or assets;

 

(g) any alteration of WEBXU’s
method of accounting or the identity of its auditors; or

 

(h) any negotiations, arrangement
or commitment by WEBXU to take any of the actions described in this Section 3.6.

 

Section 3.7 Undisclosed Liabilities.
WEBXU has no liabilities or obligations of any nature (whether accrued, absolute, contingent or otherwise) due after the date hereof
other than those (a) set forth or adequately provided for in the most recent Balance Sheet included in the WEBXU Financial Statements
(the “WEBXU Balance Sheet”), not required to be set forth on the WEBXU Balance Sheet under U.S. GAAP or (b)
incurred since the date of the WEBXU Balance Sheet and not reasonably likely to result in a Material Adverse Effect on WEBXU.

 

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Section 3.8 Litigation. As of the date
hereof, there is no Action which (a) adversely affects or challenges the legality, validity or enforceability of any of this Agreement
or (b) could, if there were an unfavorable decision, individually or in the aggregate, have or reasonably be expected to result
in a Material Adverse Effect on WEBXU. Neither WEBXU, nor any director or officer thereof (in his or her capacity as such), is
or has been the subject of any Action involving a claim or violation of or liability under federal or state securities laws or
a claim of breach of fiduciary duty.

 

Section 3.9 Compliance with Applicable Laws.
The WEBXU Entities are in compliance with all applicable Laws, including those relating to occupational health and safety and the
environment, except for instances of noncompliance that, individually and in the aggregate, have not had and would not reasonably
be expected to have a Material Adverse Effect on WEBXU.

 

Section 3.10 Broker’s and Finders’
Fees. WEBXU has not incurred, nor will it incur, directly or indirectly, any liability for brokerage or finders’ fees
or agents’ commissions or investment bankers’ fees or any similar charges in connection with this Agreement or any
Transaction.

 

Section 3.11 [Intentionally Omitted]

 

Section 3.12 Money Laundering Laws. The
operations of WEBXU are and have been conducted at all times in compliance with Money Laundering Laws and no proceeding involving
WEBXU with respect to the Money Laundering Laws is pending or, to the Knowledge of WEBXU, is threatened.

 

ARTICLE IV

 

Conduct Prior To The Closing

 

Section 4.1 Covenants of MT Parties.
During the period from the date of this Agreement and continuing until the earlier of the termination of this Agreement or the
Closing Date, the MT Parties agree that each of the MT Entities shall use commercially reasonable efforts, or cause such entities
to use commercially reasonable efforts, to (except to the extent expressly contemplated by this Agreement or as consented to in
writing by the other Parties), (i) carry on its business in the ordinary course in substantially the same manner as heretofore
conducted, to pay debts and Taxes when due (subject to good faith disputes over such debts or Taxes), to pay or perform other obligations
when due, and to use all reasonable efforts consistent with past practice and policies to preserve intact its present business
organizations, and (ii) use its commercially reasonable efforts consistent with past practice to keep available the services of
its present officers, directors and employees and use its commercially reasonable efforts consistent with past practice to preserve
its relationships with customers, suppliers, distributors, licensors, licensees, and others having business dealings with it, to
the end that there shall not be a Material Adverse Effect in its ongoing businesses as of the Closing Date. The MT Parties

 

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agree to promptly notify WEBXU of any material event or occurrence
not in the ordinary course of its business that would have or reasonably be expected to have a Material Adverse Effect on the
MT Entities. Without limiting the generality of the forgoing, during the period from the date of this Agreement and continuing
until the earlier of the termination of this Agreement or the Closing Date, none of the MT Parties shall do, allow, cause or permit
any of the following actions to occur with respect to any of the MT Entities without the prior written consent of WEBXU, which
shall not be unreasonably delayed or withheld:

 

(a) Charter Documents. Cause
or permit any amendments to any of the MT Constituent Instruments or any other equivalent organizational documents, except as contemplated
by this Agreement;

 

(b) Accounting Policies and
Procedures. Change any method of accounting or accounting principles or practices by MT, except for any such change required
by any Legal Requirement or by a change in any Legal Requirement or U.S. GAAP;

 

(c) Dividends; Changes in Capital
Stock. Declare or pay any dividends on or make any other distributions (whether in cash, stock or property) in respect of any
of its capital stock, or split, combine or reclassify any of its capital stock or issue or authorize the issuance of any other
securities in respect of, in lieu of or in substitution for shares of its capital stock, or repurchase or otherwise acquire, directly
or indirectly, any shares of its capital stock;

 

(d) Material Contracts.
Enter into any new Material Contract, or violate, amend or otherwise modify or waive any of the terms of any existing Material
Contract, other than (i) in the ordinary course of business consistent with past practice or (ii) upon prior consultation with,
and prior written consent (which shall not be unreasonably delayed or withheld) of WEBXU;

 

(e) Issuance of Securities.
Issue, deliver or sell or authorize or propose the issuance, delivery or sale of, or purchase or propose the purchase of, any shares
of its capital stock or securities convertible into, or subscriptions, rights, warrants or options to acquire, or other agreements
or commitments of any character obligating it to issue any such shares or other convertible securities;

 

(f) Intellectual
Property. Transfer or license to any Person or entity any Intellectual Property Rights other than the license of non-exclusive
rights to Intellectual Property Rights in the ordinary course of business consistent with past practice;

 

(g) Dispositions. Sell,
lease, license or otherwise dispose of or encumber any of its properties or assets which are material, individually or in the aggregate,
to its business, taken as a whole, except in the ordinary course of business consistent with past practice;

 

(h) Liabilities. Except
in its ordinary course of business, incur any liabilities; (i) Capital Expenditures. Make any capital expenditures, capital
additions or capital improvements except in the ordinary course of business and consistent with past practice that do not exceed
$10,000 individually or in the aggregate;

 

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(j) Acquisitions.
Acquire by merging or consolidating with, or by purchasing a substantial portion of the assets of, or by any other manner, any
business or any corporation, partnership, association or other business organization or division thereof, or otherwise acquire
any assets which are material, individually or in the aggregate, to its business, taken as a whole, or acquire any equity securities
of any corporation, partnership, association or business organization;

 

(k) Employment. Except as
required to comply with Legal Requirements or agreements or pursuant to plans or arrangements existing on the date hereof, (i)
take any action with respect to, adopt, enter into, terminate or amend any employment, severance, retirement, retention, incentive
or similar agreement, arrangement or benefit plan for the benefit or welfare of any current or former director, executive officer
or any collective bargaining agreement, (ii) increase in any material respect the compensation or fringe benefits of, or pay any
bonus to, any director, executive officer, (iii) materially amend or accelerate the payment, right to payment or vesting of any
compensation or benefits, (iv) pay any material benefit not provided for as of the date of this Agreement under any benefit plan,
or (v) grant any awards under any bonus, incentive, performance or other compensation plan or arrangement or benefit plan, including
the grant of stock options, stock appreciation rights, stock based or stock related awards, performance units or restricted stock,
or the removal of existing restrictions in any benefit plans or agreements or awards made thereunder;

 

(l) Facility. Open or close
any facility or office except in the ordinary course of business;

 

(m) Taxes. Make or change
any material election in respect of Taxes, adopt or change any accounting method in respect of Taxes, file any Tax Return or any
amendment to a Tax Return, enter into any closing agreement, settle any claim or assessment in respect of Taxes, or consent to
any extension or waiver of the limitation period applicable to any claim or assessment in respect of Taxes;

 

(n) Litigation. Initiate,
compromise or settle any material litigation or arbitration proceedings; and

 

(o) Other. Agree, in writing
or otherwise, to take any of the actions described in Sections 4.1(a) through (n) above.

 

Section 4.2 Covenants of WEBXU. From
the date hereof until the earlier of the termination of this Agreement or the Closing Date, WEBXU agrees that WEBXU shall use commercially
reasonable efforts, (except to the extent expressly contemplated by this Agreement or as consented to in writing by the other Parties),
to (i) carry on its business in the ordinary course in substantially the same manner as heretofore conducted, to pay debts and
Taxes when due or necessary (subject to good faith disputes over such debts or taxes), to pay or perform other obligations when
due, and to use all reasonable efforts consistent with past practice and policies to preserve intact its present business organizations
and (ii) use its commercially reasonable efforts consistent with past practice to keep available the services of its present officers,
directors and employees and use its commercially reasonable efforts consistent with past practice to preserve its relationships
with customers, suppliers, distributors, licensors, licensees, and others

 

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having business dealings with it, to the end that there shall not
be a Material Adverse Effect in its ongoing businesses as of the Closing Date. WEBXU agrees to promptly notify the MT Parties
of any material event or occurrence not in the ordinary course of its business and of any event that would have a Material Adverse
Effect on any of the WEBXU Parties. Without limiting the generality of the forgoing, during the period from the date of this Agreement
and continuing until the earlier of the termination of this Agreement or the Closing Date, the WEBXU Parties shall not do, allow,
cause or permit any of the following actions to occur without the prior written consent of the MT Parties, which consent shall
not be unreasonably delayed or withheld:

 

(a) Charter Documents. None
of the WEBXU Parties shall adopt or propose any change in any of their constituent instruments, except for such amendments required
by any Legal Requirement, the rules and regulations of the SEC, or by the securities exchange on which the WEBXU Common Stock is
listed for trading.

 

(b) Accounting Policies and
Procedures. WEBXU shall not change any method of accounting or accounting principles or practices by WEBXU, except for any
such change required by any Legal Requirement or by a change in any Legal Requirement or U.S. GAAP;

 

(c) Other. Agree in writing
or otherwise to take any of the actions described in Sections 4.2(a) through (c) above.

 

ARTICLE V

 

Covenants of the MT Parties

 

Section 5.1 Access to Information. Except
as required pursuant to any confidentiality agreement or similar agreement or arrangement to which any MT Party is subject, between
the date of this Agreement and the Closing Date, subject to WEBXU’s undertaking to use its commercially reasonable efforts
to keep confidential and protect the Trade Secrets of the MT Parties against any disclosure, the MT Parties will permit WEBXU and
its Representatives reasonable access at dates and times agreed upon by the applicable MT Party and WEBXU, to all of the books
and records of the MT Entities which the WEBXU determines are necessary for the preparation of such filings or submissions in accordance
with SEC rules and regulations as are necessary to consummate the Transactions and as are necessary to respond to requests of the
SEC’s staff, WEBXU’s accountants and relevant Governmental Authorities. Notwithstanding anything to the contrary contained
herein, the WEBXU Parties may make a disclosure otherwise prohibited by this Section 5.1 if required by applicable law or regulation
or regulatory, administrative or legal process (including, without limitation, by oral questions, interrogatories, requests for
information, subpoena of documents, civil investigative demand or similar process) or the rules and regulations of the SEC or any
stock exchange or trading system having jurisdiction over WEBXU Parties. In the event that any WEBXU Party or any of its Representatives
is requested or required to disclose any Trade Secrets of MT Parties as provided in the proviso in the immediately preceding sentence,
such WEBXU Party shall provide the MT Entities with prompt written notice of any such request or requirement so that the MT Entities
may seek a protective order or other appropriate remedy.

 

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Section
5.2 Fulfillment of Conditions. The MT Parties shall use their commercially reasonable efforts to fulfill the conditions
specified in Article VIII to the extent that the fulfillment of such conditions is within their control. The foregoing obligation
includes (a) the execution and delivery of documents necessary or desirable to consummate the Transactions contemplated hereby,
and (b) taking or refraining from such actions as may be necessary to fulfill such conditions (including using their commercially
reasonable efforts to conduct their business in such manner that on the Closing Date the representations and warranties of the
each of the MT Entities contained herein shall be accurate as though then made, except as contemplated by the terms hereof).

 

Section
5.3 Disclosure of Certain Matters. From the date hereof through the Closing Date, each of the MT Entities shall give WEBXU
prompt written notice of any event or development that occurs that is of a nature that, individually or in the aggregate, would
have or reasonably be expected to have a Material Adverse Effect on the MT Entities.

 

Section
5.4 Regulatory and Other Authorizations; Notices and Consents.

 

(a)
The MT Entities shall use their commercially reasonable efforts to obtain all material Consents that may be or become necessary
for their execution and delivery of, and the performance of their obligations pursuant to, this Agreement and the Transaction
Documents and will cooperate with WEBXU in promptly seeking to obtain all such authorizations, consents, orders and approvals.

 

(b)
Each MT Entity shall give promptly such notices to third parties and use its or their commercially reasonable efforts to obtain
such third party consents and estoppel certificates as are required to consummate the Transactions.

 

(c)
MT shall cooperate and use commercially reasonable efforts to assist WEBXU in giving such notices and obtaining such consents
and estoppel certificates as are required to consummate the Transactions.

 

ARTICLE
VI

 

Covenants
of WEBXU

 

Section
6.1 Fulfillment of Conditions. From the date hereof to the Closing Date, WEBXU shall use its commercially reasonable efforts
to fulfill the conditions specified in Article VIII to the extent that the fulfillment of such conditions is within its control.
The foregoing obligation includes (a) the execution and delivery of documents necessary or desirable to consummate the Transactions,
and (b) taking or refraining from such actions as may be necessary to fulfill such conditions (including using its commercially
reasonable efforts to conduct the business of WEBXU in such manner that on the Closing Date the representations and warranties
of WEBXU contained herein shall be accurate as though then made).

 

Section
6.2 Disclosure of Certain Matters. From the date hereof through the Closing Date, WEBXU shall give MT prompt notice of
any event or development that occurs that is of a nature that, individually or in the aggregate, would have or reasonably be expected
to have a Material Adverse Effect on WEBXU.

  

    	21

    	 

    

 

Section
6.3 Regulatory and Other Authorizations; Notices and Consents. WEBXU shall use its commercially reasonable efforts to obtain
all authorizations, consents, orders and approvals of all Governmental Authorities and officials that may be or become necessary
for its execution and delivery of, and the performance of its obligations pursuant to, this Agreement and the Transaction Documents
to which it is a party and will cooperate fully with MT in promptly seeking to obtain all such authorizations, consents, orders
and approvals.

 

Section
6.4 Valid Issuance of Shares. The Transaction Shares to be issued to MTPM hereunder will be duly authorized, validly issued,
fully paid and nonassessable and, when issued and delivered in accordance with the terms hereof for the consideration provided
for herein, will be validly issued and will constitute a valid, binding and enforceable obligation of WEBXU in accordance with
their terms and will have been issued in compliance with all applicable federal and state securities laws.

 

ARTICLE
VII

 

Additional
Agreements and Covenants

 

Section
7.1 Disclosure Schedules. Each of Parties shall, as of the Closing Date, have the obligation to supplement or amend their
respective Disclosure Schedules being delivered concurrently with the execution of this Agreement and annexes and exhibits hereto
with respect to any matter hereafter arising or discovered which resulted in, or could reasonably be expected to result in a Material
Adverse Effect on such Party. The obligations of the Parties to amend or supplement their respective Disclosure Schedules being
delivered herewith shall terminate on the Closing Date. Notwithstanding any such amendment or supplementation, the representations
and warranties of the Parties shall be made with reference to the Disclosure Schedules as they exist at the time of execution
of this Agreement.

 

Section
7.2 Lock-Up Agreement(s). As soon as practicable following the execution of this Agreement, but in any event prior to the
Closing Date, MTPM shall execute and enter into a lock-up agreement substantially in the form attached hereto as Exhibit B
(the “Lock-Up Agreement”).

 

Section
7.3 Confidentiality. Between the date hereof and the Closing Date, each of WEBXU, the MT Parties shall hold and shall cause
their respective Representatives to hold in strict confidence, unless compelled to disclose by judicial or administrative process
or by other requirements of law or by the rules and regulations of, or pursuant to any agreement of a stock exchange or trading
system, all documents and information concerning the other Party furnished to it by such other Party or its Representatives in
connection with the Transactions, except to the extent that such information can be shown to have been (a) previously known by
the Party to which it was furnished, (b) in the public domain through no fault of such Party, or (c) later lawfully acquired by
the Party to which it was furnished from other sources, which source is not a Representative of the other Party, and each Party
shall not release or disclose such information to any other Person, except its Representatives in connection with this Agreement.
Each Party shall be deemed to have satisfied its obligations to hold confidential information concerning or supplied by the other
Party in connection with the Transactions, if it exercises the same care as it takes to preserve confidentiality for its own similar
information.

  

    	22

    	 

    

 

Section
7.4 Public Announcements. From the date of this Agreement until the Closing or termination of this Agreement, WEBXU shall
prepare all press releases and public announcements pertaining to this Agreement and the Transactions governed by it, and none
of the foregoing shall issue or otherwise make any public announcement or communication pertaining to this Agreement or the transaction
without the prior consent of WEBXU (in the case of MT Entities) or any MT Entities (in the case of WEBXU), except as required
by Law or by the rules and regulations of, or pursuant to any agreement of, a stock exchange or trading system. Each Party will
not unreasonably withhold approval from the others with respect to any press release or public announcement. If any Party determines
with the advice of counsel that it is required to make this Agreement and the terms of the transaction public or otherwise issue
a press release or make public disclosure with respect thereto, it shall at a reasonable time before making any public disclosure,
consult with the other Parties regarding such disclosure, seek such confidential treatment for such terms or portions of this
Agreement or the transaction as may be reasonably requested by the other Parties and disclose only such information as is legally
compelled to be disclosed. This provision will not apply to communications by any Party to its counsel, accountants and other
professional advisors.

 

ARTICLE
VIII

 

Conditions
to Closing

 

Section
8.1 MT Parties Conditions Precedent. The obligations of the MT Parties to enter into and complete the Closing are subject,
at the option of the MT Parties, to the fulfillment on or prior to the Closing Date of the following conditions by WEBXU, any
one or more of which may be waived by MT in writing.

 

(a) Representations
and Covenants. The representations and warranties of the WEBXU Parties contained in this Agreement shall be true on and
as of the Closing Date except where the failure of such representations or warranties to be so true and correct, individually
or in the aggregate, has not had or would not reasonably be expected to have a Material Adverse Effect on the WEBXU Parties
and each of the WEBXU Parties shall have performed and complied in all material respects with all covenants and
agreements required by this Agreement to be performed or complied with by each of them on or prior to the Closing
Date.

 

(b)
Litigation. No action, suit or proceeding (i) shall have been instituted before any court or governmental or regulatory
body or instituted by any Governmental Authorities to restrain, modify or prevent the carrying out of the Transactions, or to
seek damages or a discovery order in connection with such Transactions, or (ii) which has or may have, in the reasonable opinion
of MT, a Material Adverse Effect on the MT Entities.

 

(c)
No Material Adverse Change. There shall not have been any occurrence, event, incident, action, failure to act, or transaction
since the date hereof which has had or is reasonably likely to cause a Material Adverse Effect on WEBXU.

 

(d)
Deliveries. The deliveries required to be made by WEBXU shall have been made by WEBXU.

  

    	23

    	 

    

 

(e)
Governmental Approval. The Parties shall have timely obtained from each Governmental Authority all approvals, waivers and
consents, if any, necessary for consummation of or in connection with this Agreement and the Transactions contemplated hereby.

 

(f)
Transaction Documents. The Transaction Documents shall have been executed and delivered by the Parties.

 

(g)
Injunctions or Restraints on Conduct of Business. No temporary restraining order, preliminary or permanent injunction or
other order issued by any court of competent jurisdiction or other legal or regulatory restraint provision limiting or restricting
any WEBXU Party’s conduct or operation of the business of the WEBXU Parties following the Share Exchange shall be in effect,
nor shall any proceeding brought by an administrative agency or commission or other Governmental Authority, domestic or foreign,
seeking the foregoing be pending.

 

Section
8.2 WEBXU Conditions Precedent. The obligations of WEBXU to enter into and complete the Closing are subject, at the option
of WEBXU, to the fulfillment on or prior to the Closing Date of the following conditions by each of the MT Parties, any one or
more of which may be waived by WEBXU in writing:

 

(a)
Representations and Covenants. The representations and warranties of the MT Parties contained in this Agreement shall be
true on and as of the Closing Date except where the failure of such representations or warranties to be so true and correct, individually
or in the aggregate, has not had or would not reasonably be expected to have a Material Adverse Effect on the MT Parties and each
of the MT Parties shall have performed and complied in all material respects with all covenants and agreements required by this
Agreement to be performed or complied with by each of them on or prior to the Closing Date, and the MT Parties shall have delivered
to WEBXU a certificate, dated the Closing Date, to the foregoing effect.

 

(b)
Litigation. No action, suit or proceeding (i) shall have been instituted before any court or governmental or regulatory
body or instituted by any Governmental Authorities to restrain, modify or prevent the carrying out of the Transactions, or to
seek damages or a discovery order in connection with such Transactions, or (ii) which has or may have, in the reasonable opinion
of WEBXU, a Material Adverse Effect on WEBXU.

 

(c)
No Material Adverse Change. There shall not have been any occurrence, event, incident, action, failure to act, or transaction
since January 1, 2012, which has had or is reasonably likely to cause a Material Adverse Effect on any of the MT Entities.

 

(d)
Injunctions or Restraints on Conduct of Business. No temporary restraining order, preliminary or permanent injunction or
other order issued by any court of competent jurisdiction or other legal or regulatory restraint provision limiting or restricting
any MT Entities’ conduct or operation of the business of any of the MT Entities following the Share Exchange shall be in
effect, nor shall any proceeding brought by an administrative agency or commission or other Governmental Authority, domestic or
foreign, seeking the foregoing be pending.

  

    	24

    	 

    

 

(e)
Deliveries. All other deliveries required to be made by the MT Parties shall have been made by them.

 

(f)
Governmental Approval. The Parties shall have timely obtained from each Governmental Authority all approvals, waivers and
consents, if any, necessary for consummation of or in connection with this Agreement and the Transactions contemplated hereby.

 

(g)
Employment Agreements. Keith Cohn, the Chief Executive Officer of MT, and Ken Chen shall have entered into employment or
consulting agreements with WEBXU, the form of which is attached herein as Appendix 1(a) and (b) (the “Employment Agreement”).

 

(h)
Transaction Documents. The Transaction Documents shall have been executed and delivered by the Parties.

 

ARTICLE
IX

 

Indemnification

 

Section
9.1 Survival. The representations, warranties, covenants and agreements contained in or made pursuant to this Agreement
and any certificate delivered pursuant hereto shall survive the execution and delivery of this Agreement and the Closing, and
thereafter shall survive for a period of eighteen (18) months after Closing. The term during which any representation, warranty,
or covenant survives hereunder is referred to as the “Survival Period.” Except as expressly provided in this
paragraph, no claim for indemnification hereunder may be made after the expiration of the Survival Period.

 

Section
9.2 Indemnification by MT.

 

(a)
Each of the MT Parties shall, subject to the terms hereof, indemnify, defend and hold harmless WEBXU (which term, for the purposes
of this Article IX shall include any of WEBXU’s successors) and permitted assigns (the “WEBXU Indemnified Parties”)
from and against any liabilities, loss, claims, damages, fines, penalties, expenses (including costs of investigation and defense
and reasonable attorneys’ fees and court costs) (collectively, “Damages”) arising from: (i) any breach
of any representation or warranty made by the MT Parties in Article II hereof or in any certificate delivered by the MT Parties
pursuant to this Agreement; or (ii) any breach by any MT Party of its covenants or obligations in this Agreement to be performed
or complied with by such MT Party at or prior to the Closing.

 

Section
9.3 Indemnification by WEBXU.

 

(a)
WEBXU shall, subject to the terms hereof, indemnify, defend and hold harmless each of the MT Parties and their respective successors
and permitted assigns (the “MT Indemnified Parties”) from and against any Damages arising from: (i) any breach
of any representation or warranty made by the WEBXU Parties in Article III hereof or in any certificate delivered by WEBXU pursuant
to this Agreement; or (ii) any breach by any WEBXU Party, of its covenants or obligations in this Agreement to be performed or
complied with by such WEBXU Party at or prior to the Closing.

 

    	25

    	 

    

  

Section
9.4 Limitations on Indemnity.

 

(a)
Notwithstanding any other provision in this Agreement to the contrary, the WEBXU Indemnified Parties shall not be entitled to
indemnification pursuant to Section 9.2, unless and until the aggregate amount of Damages to the WEBXU Indemnified Parties with
respect to such matters under Section 9.2 exceeds $25,000 (the “Deductible”), and then only to the extent such
Damages exceed the Deductible.

 

(b)
Notwithstanding any other provision in this Agreement to the contrary, no MT Party shall be entitled to indemnification pursuant
to Section 9.3, unless and until the aggregate amount of Damages with respect to such matters under Section 9.3 exceeds the Deductible,
and then only to the extent such Damages exceed the Deductible.

 

(c)
In no event shall any Party hereto have any liability to the other Parties hereto for any consequential, special, punitive or
indirect loss or damage whether or not any claim for such damages is based on tort or contract or that such Party knew or should
have known the likelihood of such damages in any circumstances.

 

(d)
Notwithstanding any other provision in this Agreement to the contrary, in the event that MT is determined to be liable for any
Damages, the compensation for such Damages to WEBXU will be limited to the return of all shares given to MTPM for consummation
of this Share Exchange between the Parties. The maximum compensation to WEBXU in this event will be the total shares given per
Section 1.1 of this Agreement.

 

Section
9.5 Defense of Third Party Claims. If a Party determines to make a claim for indemnification hereunder (each as applicable
an “Indemnitee”), such Party as applicable shall notify the indemnifying party (an “Indemnitor”)
of the claim in writing promptly after receiving notice of any action, lawsuit, proceeding, investigation, demand or other claim
against the Indemnitee (if by a third party), describing the claim, the amount thereof (if known and quantifiable) and the basis
thereof in reasonable detail (such written notice, an “Indemnification Notice”); provided that the failure
to so notify an Indemnitor shall not relieve the Indemnitor of its obligations hereunder except to the extent that (and only to
the extent that) such failure shall have caused the damages for which the Indemnitor is obligated to be greater than such damages
would have been had the Indemnitee given the Indemnitor prompt notice hereunder. Any Indemnitor shall be entitled to participate
in the defense of such action, lawsuit, proceeding, investigation or other claim giving rise to an Indemnitee’s claim for
indemnification at such Indemnitor’s expense, and at its option shall be entitled to assume the defense thereof by appointing
a reputable counsel reasonably acceptable to the Indemnitee to be the lead counsel in connection with such defense; provided,
that the Indemnitee shall be entitled to participate in the defense of such claim and to employ counsel of its choice for such
purpose; provided, however, that the fees and expenses of such separate counsel shall be borne by the Indemnitee and shall

  

    	26

    	 

    

 

not
be recoverable from such Indemnitor under this Article IX. If the Indemnitor shall control the defense of any such claim, the
Indemnitor shall be entitled to settle such claims; provided, that the Indemnitor shall obtain the prior written consent of the
Indemnitee (which consent shall not be unreasonably withheld, conditioned or delayed) before entering into any settlement of a
claim or ceasing to defend such claim if, pursuant to or as a result of such settlement or cessation, injunctive or other equitable
relief will be imposed against the Indemnitee or if such settlement does not expressly and unconditionally release the Indemnitee
from all liabilities and obligations with respect to such claim. If the Indemnitor assumes such defense, the Indemnitor shall
not be liable for any amount required to be paid by the Indemnitee that exceeds, where the Indemnitee has unreasonably withheld
or delayed consent in connection with the proposed compromise or settlement of a third party claim, the amount for which that
third party claim could have been settled pursuant to that proposed compromise or settlement. In all cases, the Indemnitee shall
provide its reasonable cooperation with the Indemnitor in defense of claims or litigation, including by making employees, information
and documentation reasonably available. If the Indemnitor shall not assume the defense of any such action, lawsuit, proceeding,
investigation or other claim, the Indemnitee may defend against such matter as it deems appropriate; provided that the Indemnitee
may not settle any such matter without the written consent of the Indemnitor (which consent shall not be unreasonably withheld,
conditioned or delayed) if the Indemnitee is seeking or will seek indemnification hereunder with respect to such matter.

 

Section
9.6 Determining Damages. The amount of Damages subject to indemnification under Section 9.2 or Section 9.3 shall be calculated
net of (i) any Tax Benefit inuring to the Indemnitee on account of such Damages, (ii) any insurance proceeds or other amounts
under indemnification agreements received or receivable by the Indemnitee on account of such Damages. If the Indemnitee receives
a Tax Benefit on account of such Damages after an indemnification payment is made to it, the Indemnitee shall promptly pay to
the Person or Persons that made such indemnification payment the amount of such Tax Benefit at such time or times as and to the
extent that such Tax Benefit is realized by the Indemnitee. For purposes hereof, “Tax Benefit” shall mean any
refund of Taxes to be paid or reduction in the amount of Taxes which otherwise would be paid by the Indemnitee, in each case computed
at the highest marginal tax rates applicable to the recipient of such benefit. To the extent Damages are recoverable by insurance,
the Indemnitees shall take all commercially reasonable efforts to obtain maximum recovery from such insurance. In the event that
an insurance or other recovery is made by any Indemnitee with respect to Damages for which any such Person has been indemnified
hereunder, then a refund equal to the aggregate amount of the recovery shall be made promptly to the Person or Persons that provided
such indemnity payments to such Indemnitee. The Indemnitors shall be subrogated to all rights of the Indemnitees in respect of
Damages indemnified by the Indemnitors. The Indemnitees shall take all commercially reasonable efforts to mitigate all Damages
upon and after becoming aware of any event which could reasonably be expected to give rise to Damages. For Tax purposes, the Parties
agree to treat all payments made under this Article IX as adjustments to the consideration received for the MT Shares.

 

Section
9.7 Remedies. The remedies provided in this Article IX will not be exclusive of or limit any other remedies that may be
available to the Parties.

  

    	27

    	 

    

 

Section
9.8 Limitation on Recourse; No Third Party Beneficiaries.

 

(a)
No claim shall be brought or maintained by any Party or its respective successors or permitted assigns against any officer, director,
partner, member, agent, representative, Affiliate, equity holder, successor or permitted assign of any Party which is not otherwise
expressly identified as a Party, and no recourse shall be brought or granted against any of them, by virtue of or based upon any
alleged misrepresentation or inaccuracy in or breach of any of the representations, warranties, covenants or obligations of any
Party set forth or contained in this Agreement or any exhibit or schedule hereto or any certificate delivered hereunder.

 

(b)
Except as set forth in Section 9.3, the provisions of this Article IX are for the sole benefit of the Parties and nothing in this
Article IX, express or implied, is intended to or shall confer upon any other Person any legal or equitable right, benefit or
remedy of any nature whatsoever under or by reason of this Article IX.

 

ARTICLE
X

 

Termination

 

Section
10.1 Methods of Termination. Unless waived by the Parties hereto in writing, the Transactions may be terminated and/or
abandoned at any time but not later than the Closing:

 

(a)
by mutual written consent of the Parties;

 

(b)
by either WEBXU or the MT Parties, if the Closing has not occurred by the later of (i) December 1, 2012, or (ii) such other date
that has been agreed by the Parties;

 

(c)
by any MT Party, if there has been a breach by WEBXU of any representation, warranty, covenant or agreement contained in this
Agreement which has prevented the satisfaction of the conditions to the obligations of the MT Parties at the Closing under Section
8.1(a) and such violation or breach has not been waived by the MT Parties or cured by the WEBXU Parties within ten (10) business
days after written notice thereof from the MT Parties;

 

(d)
by WEBXU, if there has been a breach by the MT Parties of any representation, warranty, covenant or agreement contained in this
Agreement which has prevented the satisfaction of the conditions to the obligations of the WEBXU Parties at the Closing under
Section 8.2(a) and such violation or breach has not been waived by the WEBXU Parties or cured by the MT Parties within ten (10)
business days after written notice thereof from the WEBXU Parties;

 

Section
10.2 Effect of Termination.

 

(a)
In the event of termination and abandonment by either WEBXU or the MT Parties, or all of them, pursuant to Section 10.1 hereof,
written notice thereof shall forthwith be given to the other Party, and except as set forth in this Section 10, all further obligations
of the Parties shall terminate, no Party shall have any right against the other Party hereto, and each Party shall bear its own
costs and expenses. Nothing contained in this Section 10.2 shall relieve any party from liability for any breach of this Agreement
prior to such termination.

 

    	28

    	 

    

 

(b)
If the Transactions contemplated by this Agreement are terminated and/or abandoned as provided herein:

 

(i)
each Party hereto will destroy all documents, work papers and other material (and all copies thereof) of the other Party relating
to the Transactions contemplated hereby, whether so obtained before or after the execution hereof, to the Party furnishing the
same; and

 

(ii)
all confidential information received by either Party hereto with respect to the business of the other Party hereto shall be treated
in accordance with Section 7.2 hereof, which shall survive such termination or abandonment. Notwithstanding anything herein to
the contrary, Article X and Article XI shall survive termination of this Agreement.

 

ARTICLE
XI

 

Miscellaneous

 

Section
11.1 Notices. All notices, requests, claims, demands and other communications under this Agreement shall be in writing
and shall be deemed given upon receipt by the Parties at the addresses set forth on the signature pages hereto (or at such other
address for a Party as shall be specified in writing to all other Parties).

 

Section
11.2 Amendments; Waivers; No Additional Consideration. No provision of this Agreement may be waived or amended except in
a written instrument signed by all of the Parties hereto. No waiver of any default with respect to any provision, condition or
requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or
a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of any Party to exercise any
right hereunder in any manner impair the exercise of any such right.

 

Section
11.3 Expenses. Each Party shall be responsible for its own Expenses in connection with this Agreement and the transaction
contemplated hereby.

 

Section
11.4 Interpretation. When a reference is made in this Agreement to a Section, such reference shall be to a Section of this
Agreement unless otherwise indicated. Whenever the words “include,” “includes” or “including”
are used in this Agreement, they shall be deemed to be followed by the words “without limitation.”

 

Section
11.5 Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced
by any rule or Law, or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full
force and effect so long as the economic or legal substance of the Transactions is not affected in any manner materially adverse
to any Party. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, 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 an acceptable manner to the end that Transactions are fulfilled to the extent possible.

 

    	29

    	 

    

  

Section
11.6 Counterparts; Facsimile Execution. This Agreement may be executed in one or more counterparts, all of which shall
be considered one and the same agreement and shall become effective when one or more counterparts have been signed by each of
the Parties and delivered to the other Parties. Facsimile execution and delivery of this Agreement is legal, valid and binding
for all purposes.

 

Section
11.7 Entire Agreement; Third Party Beneficiaries. This Agreement, taken together with all Exhibits, Annexes and Schedules
hereto (a) constitute the entire agreement, and supersede all prior agreements and understandings, both written and oral, among
the Parties with respect to the Transactions and (b) are not intended to confer upon any Person other than the Parties any rights
or remedies.

 

Section
11.8 Governing Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of California
regardless of the laws that might otherwise govern under applicable principles of conflicts of laws thereof.

 

Section
11.9 Assignment. Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall be assigned,
in whole or in part, by operation of law or otherwise by any of the Parties without the prior written consent of the other Parties.
Any purported assignment without such consent shall be void. Subject to the preceding sentences, this Agreement will be binding
upon, inure to the benefit of, and be enforceable by, the Parties and their respective successors and assigns.

 

Section
11.10 Arbitration. Any dispute, controversy or claim arising out of, relating to, or in connection with, this Agreement
or the transactions contemplated hereby shall be finally settled by binding arbitration. The arbitration shall be conducted and
the arbitrator chosen in accordance with the rules of the American Arbitration Association in effect at the time of the arbitration,
except as they may be modified herein or by mutual agreement of each of WEBXU and the MT Parties. In connection with any such
arbitration, each Party shall be afforded the opportunity to conduct discovery in accordance with the Federal Rules of Civil Procedure.
The seat of the arbitration shall be in Los Angeles, California. Each of WEBXU and the MT Parties hereby irrevocably submits to
the jurisdiction of the arbitrator in Los Angeles, California, and waives any defense in an arbitration based upon any claim that
such party is not subject personally to the jurisdiction of such arbitrator, that such arbitration is brought in an inconvenient
forum or that such venue is improper. The arbitral award shall be in writing and shall be final and binding on each of the parties
to this Agreement. The award may include an award of costs, including reasonable attorneys’ fees and disbursements and may
also include injunctive relief. Judgment upon the award may be entered by any court having jurisdiction thereof or having jurisdiction
over the parties or their assets. Each of WEBXU and the MT Parties acknowledges and agrees that by agreeing to these arbitration
provisions each of the parties hereto is waiving any right that such party may have to a jury trial with respect to the resolution
of any dispute under this Agreement or the transactions contemplated hereby.

 

    	30

    	 

    
 

[Signature
Page Follows]

 

    	31

    	 

    

  

IN
WITNESS WHEREOF, the Parties hereto have caused this Agreement to be duly executed by their respective authorized signatories
as of the date first indicated above.

 

	Address:	WEBXU,
    INC.
	3435
    Ocean Park Blvd, Ste 107-282	 	 
	Santa
    Monica, CA 90405	 	 
	Attn:
    Executive Chairman	 	 
	 	By:	/s/
    Matt Hill
	 	Name:	Matt
    Hill
	 	Title:	Executive
    Chairman
	 	 	 
	Address:	M.T.
    PERFORMANCE MARKETING, INC.
	11100
    Santa Monica Blvd, Suite 725	 	 
	Los
    Angeles, CA 90025	 	 
	Attn:
    CEO	 	 
	 	By:	/s/
    Keith Cohn
	 	Name:	Keith
    Cohn
	 	Title:	CEO
	 	 	 
	Address:	MTPM
    HOLDINGS, LLC
	11100
    Santa Monica Blvd, Suite 725	 	 
	Los
    Angeles, CA 90025	 	 
	Attn:
    CEO	 	 
	 	By:	/s/
    Keith Cohn
	 	Name:	Keith
    Cohn
	 	Title:	CEO

  

	MTPM
    SHAREHOLDER INDIVIDUAL OFFICER SIGNATURES:
	 
	/s/
    Keith Cohn	 
	KEITH
    COHN: 	 

  

    	32

    	 

    

 

Exhibit
A

 

Definitions

 

“MT
Constituent Instruments” means MT’s Certificate of Incorporation and Bylaws, each as amended through the date
hereof.

 

“MT
Entities” means, collectively, MT and any parent or subsidiary of MT.

 

“Affiliates”
shall mean any Person that directly or indirectly through one or more intermediaries, controls or is controlled by or is under
common control with the Person specified. For purposes of this definition, control of a Person means the power, direct or indirect,
to direct or cause the direction of the management and policies of such Person whether by Contract or otherwise and, in any event
and without limitation of the previous sentence, any Person owning fifty percent (50%) or more of the voting securities of a second
Person shall be deemed to control that second Person. For the purposes of this definition, a Person shall be deemed to control
any of his or her immediate family members.

 

“WEBXU
Common Stock” means the Common Stock of WEBXU, $.001 par value per share.

 

“WEBXU
Entities” means collectively, WEBXU and any wholly-owned Subsidiary of WEBXU.

 

“WEBXU
Securities” means, collectively, the Transaction Shares and the Earn-Out Shares.

 

“Contract”
means a contract, lease, license, indenture, note, bond, agreement, permit, concession, franchise or other instrument.

 

“Environmental
Law” shall mean any Legal Requirement that requires or relates to:

 

(a)
advising appropriate authorities, employees, and the public of intended or actual releases of pollutants or hazardous substances
or materials, violations of discharge limits, or other prohibitions and of the commencements of activities, such as resource extraction
or construction, that could have significant impact on the Environment;

 

(b)
preventing or reducing to acceptable levels the release of pollutants or hazardous substances or materials into the Environment;

 

(c)
reducing the quantities, preventing the release, or minimizing the hazardous characteristics of wastes that are generated;

 

(d)
assuring that products are designed, formulated, packaged, and used so that they do not present unreasonable risks to human health
or the environment when used or disposed of;

 

(e)
protecting resources, species, or ecological amenities;

  

    	33

    	 

    
 

(f)
reducing to acceptable levels the risks inherent in the transportation of hazardous substances, pollutants, oil, or other potentially
harmful substances;

 

(g)
cleaning up pollutants that have been released, preventing the threat of release, or paying the costs of such clean up or prevention;
or

 

(h)
making responsible parties pay private parties, or groups of them, for damages done to their health or the environment, or permitting
self-appointed representatives of the public interest to recover for injuries done to public assets.

 

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

 

“Expenses”
shall mean all out-of-pocket expenses (including all fees and expenses of counsel, accountants, investment bankers, experts and
consultants to a party hereto and its Affiliates) incurred by a party on its behalf in connection with or related to the authorization,
preparation, diligence, negotiation, execution and performance of this Agreement and the Transaction Documents.

 

“Governmental
Authority” means any national, federal, state, provincial, local or foreign government, governmental, regulatory or
administrative authority, agency or commission or any court, tribunal or judicial or arbitral body of competent jurisdiction,
or other governmental authority or instrumentality, domestic or foreign.

 

“Judgment”
means any judgment, order or decree.

 

“Knowledge”,
(i) with respect to the MT Entities shall mean the actual knowledge of Keith Cohn, and (ii) with respect to WEBXU shall mean the
actual knowledge of Keith Schaefer.

 

“Law(s)”
means any law, statute, ordinance, rule, regulation, order, writ, injunction or decree.

 

“Legal
Requirement” means any federal, state, local, municipal, provincial, foreign or other law, statute, constitution, principle
of common law, resolution, ordinance, code, edict, decree, rule, regulation, ruling or requirement issued, enacted, adopted, promulgated,
implemented or otherwise put into effect by or under the authority of any Governmental Authorities (or under the authority of
any national securities exchange upon which WEBXU Securities then listed or traded)

 

“Liens”
means any liens, security interests, pledges, equities and claims of any kind, voting trusts, shareholder agreements and other
encumbrances.

 

“Material
Adverse Effect” means any event, change or effect that is materially adverse to the condition (financial or otherwise),
properties, assets, liabilities, business, operations or results of operations of such Person and its subsidiaries, taken as a
whole.

 

“Permits”
mean all governmental franchises, licenses, permits, authorizations and approvals necessary to enable a Person to own, lease or
otherwise hold its properties and assets and to conduct its businesses as presently conducted.

 

    	34

    	 

    

 

“Person”
shall mean an individual, partnership, corporation, joint venture, unincorporated organization, cooperative or a governmental
entity or agency thereof.

 

“Representatives”
of either Party shall mean such Party’s employees, accountants, auditors, actuaries, counsel, financial advisors, bankers,
investment bankers and consultants and any other person acting on behalf of such Party.

 

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

 

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

 

“Subsidiary”
an entity shall be deemed to be a “Subsidiary” of another Person if (a) such Person directly or indirectly
owns, beneficially or of record, an amount of voting securities of other interests in such entity that is sufficient to enable
such Person to elect at leased a majority of the members of such entity’s board of directors or other governing body, or
(b) at least 50% of the outstanding equity or financial interests of such entity.

 

“Tax
Return” means all federal, state, local, provincial and foreign Tax returns, declarations, statements, reports, schedules,
forms and information returns and any amended Tax return relating to Taxes.

 

“Taxes”
includes all forms of taxation, whenever created or imposed, and whether of the United States or elsewhere, and whether imposed
by a local, municipal, governmental, state, foreign, federal or other Governmental Authority, or in connection with any agreement
with respect to Taxes, including all interest, penalties and additions imposed with respect to such amounts.

 

“Trade
Secrets” means all trade secrets under applicable law and other rights in know- how and confidential or proprietary
information, processing, manufacturing or marketing information, including new developments, inventions, processes, ideas or other
proprietary information that provides advantages over competitors who do not know or use it.

 

“Transaction
Documents” means this Agreement, the Lock-Up Agreement, the Employment Agreement and any ancillary documents or Appended
documents.

 

“U.S.
GAAP” means generally accepted accounting principles of the United States.

  

    	35

    	 

    

 

Exhibit
B

 

Lock-Up/Leak-Out
Agreement

 

THIS
LOCK-UP/LEAK-OUT AGREEMENT (the “Agreement”) is made and entered into as of November 30, 2012, by and among Webxu,
Inc., a Delaware corporation (the “Company”), and the undersigned owner of the shares of the Company’s common
stock, $.001 par value per share (the “Common Stock”), set forth opposite the undersigned’s name on the signature
page of this Agreement.

 

RECITALS:

 

WHEREAS,
the Company and the undersigned, are parties to that certain Share Exchange Agreement dated on or about November 30, 2012
(the “Share Exchange Agreement”), a copy of which is annexed hereto and incorporated herein by this reference, pursuant
to which (concurrently with the execution of this Agreement) the undersigned received the shares of Common Stock from the Company;
and

 

WHEREAS,
as contemplated and required by the Share Exchange Agreement, the undersigned desires to enter into this Agreement and restrict
the sale, assignment, transfer, conveyance, hypothecation or alienation of all shares of Common Stock contemplated as being issued
under the Share Exchange Agreement, all on the terms set forth below.

 

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

 

1.
The undersigned hereby agree that, during the period beginning on the date hereof and ending on the “final lock up date”
hereof (the “Lock-Up Period”), the undersigned will not sell, assign, pledge or otherwise transfer any of the Shares
that the undersigned beneficially owns, including (i) all shares of Common Stock that the undersigned may receive as a stock dividend
or other distribution on shares of Common Stock, and (ii) all other securities of the Company that the undersigned may receive
in a recapitalization or similar transaction (the “Lock-up Shares”), and the undersigned agrees not to take any of
the preceding actions, without the Company’s prior written consent. In addition, the undersigned agrees that, during the
Lock-Up Period, the undersigned will not engage in (i) any short sale of any Lock-up Shares or other Common Stock, (ii) any hedging
transaction regarding the Lock-up Shares or other Common Stock, or (ii) any grant of a put or call option regarding the Lock-up
Shares or other Common Stock.

 

2.
Notwithstanding Section 1, the Lock-up Shares may be transferred or sold under the following circumstances:

 

A)
The undersigned may transfer (i) all or any portion of the Lock-up Shares as a bona fide gift or gifts, provided that the donee
or donees thereof agree to be bound by the restrictions set forth herein, and (ii) all or any portion of the Lock-up Shares to
any trust for the direct or indirect benefit of the undersigned or the immediate family of the undersigned, provided that the
trustee of the trust agrees to be bound by the restrictions set forth herein, and provided further than any such transfer shall
not involve a disposition for value. For purposes hereof, “immediate family and friends” shall mean any relationship
by blood, marriage, adoption, or close business relationship.

 

    	36

    	 

    

  

B)
After the first annual anniversary of the issuance of the shares, if the Trading Limit as defined below has been satisfied, an
amount of the undersigned’s Lock-up Shares equal to 5% of the Daily Trading Volume as defined below shall be released daily
from the provisions of this Agreement. For example, if the 5% of the Daily Trading Volume was determined to be 1,000 shares, the
undersigned would have 1,000 Lock-up Shares released daily from the provisions of this Agreement.

 

The
term “Daily Trading Volume” means the average trading volume of the Common Stock as officially reported by the principal
securities market in which the shares of Common Stock are listed or admitted for trading (including the Amex, Nasdaq Stock Market
or the OTC Bulletin Board). The “Trading Limit” shall be reached if, prior to the referenced date, the Daily Trading
Volume reaches or exceeds an average of 50,000 shares a day for 20 consecutive trading days. The Daily Trading Volume and Trading
Limit shall be appropriately adjusted should the Company make a dividend or distribution, undergo a split or a reverse split or
otherwise reclassify its shares of Common Stock.

 

3.
The undersigned consents to the entry of stop transfer instructions with the Company’s transfer agent and registrar against
the transfer of shares of Common Stock except in compliance with the preceding provisions of this Agreement. The undersigned also
consents to the placement of the following legend on any and all stock certificates that evidence the shares of Common Stock that
are the subject of this Agreement:

 

“THE
SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE TERMS OF THAT CERTAIN LOCK-UP AGREEMENT BETWEEN THE COMPANY AND THE
SHAREHOLDERS NAMED THEREIN, DATED AS OF NOVEMBER 30, 2012. A COPY OF THE LOCK-UP AGREEMENT MAY BE INSPECTED AT THE PRINCIPAL OFFICE
OF THE COMPANY.”

 

4.
This Agreement will terminate on the second anniversary of the date of this Agreement and thereafter all provisions and restrictions
contained herein shall cease and be of no further force or effect.

 

5.
Notwithstanding anything to the contrary set forth herein, the Company may, at any time and from time to time, waive in writing
any of the conditions or restrictions contained herein.

 

6.
Except as otherwise provided in this Agreement, the undersigned shall be entitled to beneficial rights of ownership of the Lock-up
Shares, including the right to vote the Lock-up Shares for any and all purposes.

 

7.
This Agreement may be executed in any number of counterparts with the same force and effect as if all parties had executed the
same document.

  

    	37

    	 

    

 

8.
All notices, instructions or other communications required or permitted to be given pursuant to this Agreement shall be given
in writing and delivered by certified mail, return receipt requested, overnight delivery or hand-delivered to all parties to this
Agreement at the addresses set forth on the signature page below. All notices shall be deemed to be given on the same day if delivered
by hand or on the following business day if sent by overnight delivery or the second business day following the date of mailing.

 

9.
This Agreement sets forth the entire understanding of the parties hereto with respect to the subject matter hereof, and may not
be amended except by a written instrument executed by the parties hereto.

 

IN
WITNESS WHEREOF, the undersigned have duly executed and delivered this Agreement as of the day and year first above written.

 

	WEBXU,
    INC.	 
	 	 	 
	By:	/s/
    Matt Hill	 
	Name:	Matt
    Hill	 
	Title:	Executive
    Chairman	 
	 	 	 
	M.T.
    PERFORMANCE MARKETING, INC.	 
	 	 	 
	By:	/s/
    Keith Cohn	 
	Name:	Keith
    Cohn	 
	Title:	CEO	 
	 	 	 
	MTPM
    HOLDINGS, LLC	 
	 	 	 
	By:	/s/
    Keith Cohn	 
	Name:	Keith
    Cohn	 
	Title:	CEO	 

 

    	38

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