Document:

trtc_ex1036.htm

EXHIBIT 10.36
 
INTELLECTUAL PROPERTY SECURITY AGREEMENT
 
This Intellectual Property SECURITY AGREEMENT (this "Agreement"), dated as of May 27, 2016, by Terra Tech Corp., a Nevada corporation (the "Grantor"), in favor of [          ] as collateral agent (the "Collateral Agent") for the secured parties referred to below.
 
WHEREAS:
 
A. Reference is made to that certain Security Agreement, dated as of the date hereof (as amended, restated, supplemented or otherwise modified from time to time, the "Security Agreement"), entered into by andamong the Grantor, the other "Guarantors" party thereto, and the Collateral Agent, which secures certain now existing and future arising obligations owing to the Secured Parties (as defined in the Security Agreement) under the Transaction Documents as provided in the Security Agreement;
 
B. Pursuant to the Security Agreement, the Grantor is required to execute and deliver to the Collateral Agent this Agreement;
 
C. Pursuant to the terms of the Security Agreement, the Grantor has granted to the Collateral Agent, for the benefit of the Secured Parties, a security interest in substantially all the assets of the Grantor, including all right, title and interest of the Grantor in, to and under all now owned and hereafter acquired (1) trademarks, patents, and copyrights; (2) trademark applications, patent applications, and copyright applications; and (3) trademark licenses, patent licenses, and copyright licenses, and all products and proceeds thereof, to secure the payment of the Obligations (as defined in the Security Agreement).
 
NOW, THEREFORE, in consideration of the mutual agreements set forth herein and for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Grantor hereby grants to the Collateral Agent, for the benefit of the Secured Parties, to secure the Obligations, a continuing security interest in all of the Grantor's right, title and interest in, to and under the following, whether presently existing or hereafter created or acquired:
 
1. Each United States and foreign trademark and trademark application, including, without limitation, each United States federally registered trademark and trademark application referred to in Schedule 1 annexed hereto, together with any reissues, continuations or extensions thereof and all goodwill associated therewith;
 
2. Each trademark license, including, without limitation, each trademark license listed on Schedule 1 annexed hereto, together with all goodwill associated therewith;
 
	 
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3. All products and proceeds of the foregoing items 1 through 2, including, without limitation, any claim by the Grantor against third parties for past, present or future infringement, misappropriation, dilution, violation or other impairment of any trademark, including, without limitation, any trademark referred to in Schedule 1 annexed hereto, any trademark issued pursuant to a trademark application referred to in Schedule 1 and any trademark licensed under any trademark license listed on Schedule 1 annexed hereto (items 1 through 3 being herein collectively referred to as the "Trademark Collateral");
 
4. Each United States and foreign patent and patent application, including, without limitation, each United States federally registered patent and patent application referred to in Schedule 2 annexed hereto, together with any reissues, continuations or extensions thereof and all goodwill associated therewith;
 
5. Each patent license, including, without limitation, each patent license listed on Schedule 2 annexed hereto, together with all goodwill associated therewith;
 
6. All products and proceeds of the foregoing items 4 through 5, including, without limitation, any claim by the Grantor against third parties for past, present or future infringement, misappropriation, dilution, violation or other impairment of any patent, including, without limitation, any patent referred to in Schedule 2 annexed hereto, any trademark issued pursuant to a patent application referred to in Schedule 2 and any patent licensed under any patent license listed on Schedule 2 annexed hereto (items 4 through 6 being herein collectively referred to as the "Patent Collateral");
 
7. Each United States and foreign copyright and copyright application, including, without limitation, each United States federally registered copyright and copyright application referred to in Schedule 3 annexed hereto, together with any reissues, continuations or extensions thereof and all goodwill associated therewith;
 
8. Each copyright license, including, without limitation, each copyright license listed on Schedule 3 annexed hereto, together with all goodwill associated therewith;
 
9. All products and proceeds of the foregoing items 7 through 8, including, without limitation, any claim by the Grantor against third parties for past, present or future infringement, misappropriation, dilution, violation or other impairment of any copyright, including, without limitation, any copyright referred to in Schedule 3 annexed hereto, any copyright issued pursuant to a copyright application referred to in Schedule 3 and any copyright licensed under any copyright license listed on Schedule 3 annexed hereto (items 7 through 9 being herein collectively referred to as the "Copyright Collateral"; items 1 through 9 being herein (i.e., the Trademark Collateral, the Patent Collateral, and the Copyright Collateral) collectively referred to as the "IP Collateral").
 
	 
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This security interest is granted in conjunction with the security interests granted to the Collateral Agent, for itself and on behalf of the other Secured Parties, pursuant to the Security Agreement. The Grantor hereby acknowledges and affirms that the rights and remedies of the Collateral Agent with respect to the security interest in the IP Collateral made and granted hereby are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. Capitalized terms used but not defined herein have the respective meanings ascribed thereto in the Security Agreement.
 
Grantor shall give Collateral Agent prior written notice of no less than five (5) Business Days before filing any additional application for registration of any trademark and prompt notice in writing of any additional trademark registrations, patent registration, or copyright registrations granted therefor after the date hereof. Without limiting Grantor's obligations under this paragraph, Grantor hereby authorizes Collateral Agent unilaterally to modify this Agreement by amending Schedules 1, 2, or 3 to include any future United States registered trademarks, patents, copyrights or applications therefor of Grantor. Notwithstanding the foregoing, no failure to so modify this Agreement or amend Schedules 1, 2, or 3 shall in any way affect, invalidate or detract from Collateral Agent's continuing security interest in all Collateral, whether or not listed on Schedule 1, 2, or 3.
 
Grantor hereby agrees that, anything herein to the contrary notwithstanding, such Grantor shall assume full and complete responsibility for the prosecution, defense, enforcement or any other necessary or desirable actions in connection with their trademarks subject to the security interest hereunder.
 
This Agreement may be executed in any number of counterparts and by different parties in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. Signature pages may be detached from multiple separate counterparts and attached to a single counterpart.
 
This Agreement is a Transaction Document. 
 
This Agreement shall be construed and enforced in accordance with, and all questions concerning the construction, validity, interpretation and performance of this Agreement and all disputes arising hereunder shall be governed by, the laws of the State of New York, without giving effect to any choice of law or conflict of law provision or rule (whether of the State of New York or any other jurisdictions) that would cause the application of the laws of any jurisdictions other than the State of New York. The parties hereto (a) agree that any legal action or proceeding with respect to this Agreement or any other agreement, document, or other instrument executed in connection herewith or therewith, shall be brought in any state or federal court located within the City of New York, New York, (b) irrevocably waive any objections which either may now or hereafter have to the venue of any suit, action or proceeding arising out of or relating to this Agreement, or any other agreement, document, or other instrument executed in connection herewith, brought in the aforementioned courts and (c) further irrevocably waive any claim that any such suit, action, or proceeding brought in any such court has been brought in an inconvenient forum. 
 
[Remainder of Page Intentionally Left Blank; Signature Page Follows]
 
	 
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    The Grantor has caused this Intellectual Property Security Agreement to be duly executed by its duly authorized officer thereunto as of the date first set forth above.
 
	 
	TERRA TECH CORP.,
a Nevada corporation
	 

	 	 	  	 
		By:		 

	 
	 
	Name:
	 

	 
	 
	Title:
	 

 
	Acknowledged:
	 

	 	
	[           ],
as Collateral Agent
	
	  	  	 
	By:		 

	 
	Name:	 

	 
	Title:	 

	 
	  
	 

		 	
	By:		
		Name:	
		Title:	

 
	 
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SCHEDULE 1
to
INTELLECTUAL PROPERTY SECURITY AGREEMENT
 
Trademark Collateral
 
	FILE NO.	COUNTRY
	MARK

		 	
		 	
		 	

 
	 
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SCHEDULE 2
to
INTELLECTUAL PROPERTY SECURITY AGREEMENT
 
Patent Collateral
 
US Provisional Patent Application No. [__________]
 
Filing Date: [__________]
 
Title: [__________]
 
	 
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SCHEDULE 3
to
INTELLECTUAL PROPERTY SECURITY AGREEMENT
 
Copyright Collateral
 
Domain Names
 
[__________].[_]
 
Copyrights
 
[__________]
 
 
7AGREEMENT
FOR THE PURCHASE OF COMMON STOCK

 

THIS
COMMON STOCK PURCHASE AGREEMENT, (this “Agreement”) made this 27th day of May, 2016, by and between Douglas Brackin
and Joy Brackin (hereinafter referred to as (“Sellers”), and AAA Century Group USA Corp. (“Purchaser”),
setting forth the terms and conditions upon which the Sellers will sell a total of Twenty Million (20,000,000) shares of Crowd
Shares Aftermarket, Inc. (“CDRW”) or the “Company”) common stock (the “Shares” or “Common
Stock”), personally owned by Sellers, to the Purchaser. The Sellers and the Purchaser may be referred to herein singularly
as a “Party” and collectively, as the “Parties”.

 

In
consideration of the mutual promises, covenants, and representations contained herein, THE PARTIES HERETO AGREE AS FOLLOWS:

 

WITNESSETH:

 

WHEREAS,
the Sellers and Purchaser have appointed Law Offices of Jeffrey Conrad, Esq. to act as the Escrow Agent (“Escrow Agent”)
for this transaction and to receive and hold all consideration received from the Purchaser for the sale of the Shares and all
documents (“Documents”) stock certificates and corporate records of CDRW, in the Law Offices of Jeffrey Conrad Esq.
Trust Account, (the “Escrow Account”) unless other arrangements are agreed to by all parties.

 

WHEREAS,
the Purchaser, Sellers and Escrow Agent, have entered into an ESCROW AGREEMENT dated as of the date hereof.

 

NOW
THEREFORE, in consideration of the mutual promises, covenants and representations contained herein, the parties herewith agree
as follows:

 

ARTICLE
I

SALE
OF SECURITIES

 

1.01
Sale. Subject to the terms and conditions of this Agreement, the Sellers agrees to sell the Shares, and the Purchaser shall
purchase the Shares, for a total of Three Hundred Thirty SevenThousand Dollars ($337,000 U.S.) (the “Purchase Price”
or “Funds”). This is a private transaction between the Sellers and Purchaser.

 

1.02
Escrow Agent. The Sellers and Purchaser hereby appoint Law Offices of Jeffrey Conrad Esq to act as the Escrow Agent (“Escrow
Agent”) as to the distribution of the Purchase Price Funds received for the sale of the Shares and distribution of the shares
and documents of CDRW to be held in the Escrow Account.

 

1.03
Deposit: Upon execution of this agreement, Purchaser shall make, by wire transfer, a deposit (the “Deposit”)
in the amount of Thirty Thousand Dollars ($30,000.00), to the Escrow Agent’s Trust Account (Escrow Account”) on or
before May 16, 2016, for the Shares being sold by the Sellers. The deposit shall become non-refundable after ten days from the
signing of this Agreement by Purchaser and Sellers. The amount deposited will be held in the Escrow Account until Closing (as
defined in Section 3.01 of this Agreement) or until ordered released as per other sections of this Agreement.

 

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The
Deposit shall be fully refundable for a period of ten (10) days from the signing of this Agreement for any reason or no reason
(the “Due Diligence Period”). After the Due Diligence Period, the Deposit will be non-refundable unless the Sellers
fail to fulfill all matters to be completed pursuant to the terms of this Agreement and outlined in Article II, 2.12 and Article
III, 3.02 of this Agreement. In addition if, after signing this Agreement and prior to the Closing, in performing due-diligence,
the Purchaser, discover something of significance that was not previously disclosed to Purchaser, which changes the structure
and intent of this Agreement and the transaction, which the Sellers cannot correct, the Purchaser will notify the Sellers of the
subject of concern and their intention to cancel this Agreement and to request a refund of the Deposit, in writing, addressed
to the individuals and addresses listed in Article VI, 6.09 of this Agreement. The Sellers shall have ten business days after
receiving the request for the refund of the Deposit to correct the discrepancy, or the Deposit will be refunded to the Purchaser
by the Escrow Agent.

 

The
account wire instructions for the Deposit herein and payment pursuant to Sections 1.04 and 3.02(b)(i) are as set forth in the
Escrow Agreement between and among the Escrow Agent, the Purchaser and the Sellers.

 

Within
24 hours after receipt of the Deposit by the Escrow Agent, Sellers will forward by overnight delivery, or by email, for review
by the Purchaser, any and all documents of CDRW which Purchaser might request.

 

Purchaser
will provide Sellers with the information as requested by the Sellers concerning the Purchaser.

 

1.04
Balance of Purchase Price. It is agreed that the full amount of the Purchase Price will be wire transferred to the Escrow Account
on or before the close of business on May 20, 2016, and that the Closing will take place contemporaneous with such payment. It
is agreed that all of the Shares shall remain in the Escrow Account until the full amount of $337,000 has been paid into Escrow,
after which the Closing on the sale of the Shares shall take place and all stock certificates, stock powers and corporate documents
listed in paragraphs 2.12, 2.13 and 3.02 below shall be sent as instructed by the Purchaser, and the full amount of $337,000 shall
be disbursed as per instructions of the Sellers.

 

This
Agreement may be terminated unilaterally by Sellers if: (i) the balance of the Purchase Price for the Shares is not paid in full
on or before May 20, 2016, unless an extension of time is agreed to in writing by both parties; or (ii) Purchaser has failed to
comply with all material terms of this Agreement. Upon such termination, all consideration paid by Purchaser shall be delivered
to Sellers in accordance with the terms of the Escrow Agreement. Upon the payment of the total Purchase Price of $337,000 by the
Purchaser to the Sellers for the Shares, by wire transfer to the Escrow Account, and the receipt of all items outlined below which
shall be provided by the Sellers, the Closing will take place immediately unless extended by the parties signing this Agreement.

 

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ARTICLE
II 

REPRESENTATIONS
AND WARRANTIES

 

The
Sellers represent and warrant to the Purchaser the following:

 

2.01
Organization; CDRW is a Nevada corporation duly organized, validly existing, and in good standing under the laws of that
state, has all necessary corporate powers to own properties and carry on a business, and is duly qualified to do business and
is in good standing in the state Nevada and elsewhere (if required). All actions taken by the incorporators, directors and/or
shareholders of CDRW have been valid and in accordance with the laws of the state of Nevada. CDRW is a Section 12g fully reporting
company with the SEC and CDRW’ common stock is included for quotation on the OTC Markets Pink/Current Sheets, symbol CDRW.
CDRW’s common stock is now, and as of the Closing will be, DTC-eligible. There is now, and as of the Closing will be, no
DTC “chill” on trading or depositing of CDRW’s shares with brokers. Before the Closing, and as a condition precedent
to Purchaser’s obligation to close the purchase, there will be at least one trade in CDRW’s common stock on OTC Markets,
between the date hereof and the Closing.

 

After
due diligence is approved, and before the Closing, CDRW will file with the SEC and mail to its shareholders, the Notice pursuant
to SEC Rule 14f-1; Purchaser will cooperate with CDRW and Sellers by providing the information as to CDRW’s proposed new
management. Immediately following the Closing, the Purchaser shall file all required filings with any state and federal regulators,
including the SEC, disclosing the acquisition of the Shares by the Purchaser, the change of control of CDRW, changes to the officers
and directors, and all such additional disclosure as is required to keep CDRW in good standing with any and all regulatory bodies
having authority.

 

2.02
Capital. The authorized capital stock of CDRW consists of 100,000,000 shares of Common Stock, $0.0001 par value, of which
22,564,000 shares of Common Stock are issued and outstanding as of the date hereof and will be issued and outstanding as of the
Closing. CDRW has 10,000,000 authorized preferred shares, none of which are issued and outstanding. All outstanding shares are
fully paid and non-assessable, free of liens, encumbrances, options, restrictions and legal or equitable rights of others not
a party to this Agreement. At the Closing, there will be no outstanding subscriptions, options, rights, warrants, convertible
securities, or other agreements or commitments obligating CDRW to issue or to transfer from treasury any additional shares of
its capital stock. Any outstanding convertible debts will be cancelled before Closing. None of the outstanding shares of CDRW
is subject to any stock restriction agreements. There are approximately 36 shareholders of record of CDRW, including shares in
street name. All of such shareholders have valid title to such Shares and acquired their Shares in a lawful transaction and in
accordance with Nevada corporate law and the applicable securities laws of the United States.

 

2.03
Financial Statements. CDRW is a Section 12g reporting company and financials can be found on EDGAR. The financial statements
fairly present the financial condition and operating results of CDRW as of the dates, and for the periods, indicated therein.
Except as set forth in the Financial Statements, and as set forth in Paragraph 2.05, CDRW has no material liabilities (contingent
or otherwise). CDRW is not a guarantor or indemnitor of any indebtedness of any other person, firm, or corporation. CDRW is not
a “shell,” as that term is defined in the SEC’s Rules and Regulations, and its SEC filings check the nonshell
box; and at or before the Closing, CDRW will provide to the Purchaser a current legal opinion that it is not a “shell.”

 

2.04
Filings with Government Agencies. CDRW is a reporting issuer, and files annual and quarterly reports with the SEC. CDRW
has made all required filings with the SEC and the State of Nevada that might be required, and is current in its filings and reporting
with the SEC and to the state of Nevada. Upon the purchase of the Shares by the Purchaser, the Purchaser will have the full responsibility
for filing any and all documents required by the Securities and Exchange Commission, and/or any other government agency that may
be required. The Sellers will supply the Purchaser with all information that is currently available for CDRW. The Purchaser understands
that the Sellers will have no responsibility whatsoever for any filings made by CDRW after the Closing, either with the SEC, FINRA
or with the State of Nevada; provided that Sellers will cooperate with CDRW’s new management with respect to any filings
with the SEC, FINRA and/or the State of Nevada.

 

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2.05
Liabilities. It is understood and agreed that the purchase of the Shares is predicated on CDRW continuing its operations
after the Closing for a period no longer than three months from Closing. Sellers are not aware of any pending, threatened or asserted
claims, lawsuits or contingencies involving CDRW or its Shares. To the best of knowledge of the Sellers, there is no dispute of
any kind between CDRW and any third party, and no such disputes will exist at the Closing of this transaction. At Closing, all
assets of the Company and all liabilities of the Company will be transferred to a wholly-owned subsidiary of CDRW (“CDRW
Sub”). Purchaser agrees to retain CDRW’s current auditor while the CDRW Sub is controlled by CDRW, and to pay CDRW’s
and CDRW Sub’s administrative costs after the Closing, for which $5,000 will be paid by Purchaser at Closing for the first
month after the Closing., and $5,000 per month for each month or partial month thereafter.

 

2.06
Tax Returns. CDRW has filed all required State and Federal tax returns. As of closing, there shall be no taxes of any kind
due or owing.

 

2.07
Ability to Carry Out Obligations. The Sellers have the right, power, and authority to enter into, and perform their obligations
under this Agreement. The execution and delivery of this Agreement by the Sellers and CDRW and the performance by the Sellers
of their obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation or any of
the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation,
bylaw, or other agreement or instrument to which CDRW the officers, directors or Sellers are a party, or by which they may be
bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause
CDRW (and/or assigns) to be liable to any party, or (c) an event that would result in the creation or imposition of any lien,
charge, or encumbrance on any asset of CDRW or upon the shares of CDRW to be acquired by the Purchaser.

 

2.8
Contracts, Leases and Assets. CDRW is not a party to any contract, agreement or lease (unless such contract, agreement
or lease has been assigned to another party or CDRW has been released from its obligations thereunder) other than the normal contract
with the Transfer Agent, except as described in documents described in its filings with the SEC. No person holds a power of attorney
from CDRW or the Sellers. At the Closing, CDRW will have no undisclosed liabilities or obligations, which would give rise to a
liability in the future.

 

2.9
Compliance with Laws. To the best of knowledge of the Sellers, CDRW has complied in all material respects, with, and is
not in violation of any, federal, state, or local statute, law, and/or regulation pertaining. To the best of the knowledge of
the Sellers, CDRW has complied with all federal and state securities laws in connection with the offer, sale and distribution
of its securities. At the time that CDRW sold Shares to the Sellers, CDRW was entitled to use the exemptions provided by the Securities
Act of 1933 relative to the sale of its Shares. The Shares being sold herein are being sold in a private transaction between the
Sellers and the Purchaser, and the Sellers make no representation as to whether the Shares are subject to trading restrictions
under the Securities Act of 1933, as amended and rules thereunder.

 

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2.10
Litigation. CDRW is not a party to any suit, action, arbitration, or legal administrative or other proceeding, or pending
governmental investigation. To the best knowledge of the Sellers, there is no basis for any such action or proceeding and no such
action or proceeding is threatened against CDRW. CDRW is not a party to or in default with respect to any order, writ, injunction,
or decree of any federal, state, local, or foreign court, department, agency, or instrumentality.

 

2.11
Conduct of Business. Prior to the Closing, CDRW shall conduct its business in the normal course, and shall not (without
the prior written approval of Purchaser) (i) sell, pledge, or assign any assets, (ii) amend its Certificate of Incorporation or
Bylaws, (iii) declare dividends, redeem or sell stock or other securities (iv) incur any liabilities, except in the normal course
of business, (v) acquire or dispose of any assets, enter into any contract, guarantee obligations of any third party, (vi) issue
any shares of its common stock, or (vii) enter into any other transaction.

 

2.12
Corporate Documents. Each of the following documents, which shall be true, complete and correct in all material respects,
will be submitted at the Closing:

 

	 	(i)	Certificate
    of Incorporation and all amendments thereto;
	 	 	 
	 	(ii)
    	Bylaws
    and all amendments thereto;
	 	 	 
	 	(iii)
    	Minutes
    and Consents of Shareholders;
	 	 	 
	 	(iv)
    	Minutes
    and Consents of the board of directors;
	 	 	 
	 	(v)
    	List
    of officers and directors;
	 	 	 
	 	(vi)
    	Certificate
    of Good Standing from the Secretary of State of Nevada.
	 	 	 
	 	(vii)
    	Current
    Shareholder list from the Transfer Agent. 

 

2.13
Closing Documents. All minutes, consents or other documents pertaining to CDRW to be delivered at the Closing shall be
valid and in accordance with the laws of Nevada.

 

2.14
Title. The Sellers have good and marketable title to all of the Shares being sold by them to the Purchaser pursuant to
this Agreement. The Shares will be, at the Closing, free and clear of all liens, security interests, pledges, charges, claims,
encumbrances and restrictions of any kind, except for restrictions on transfer imposed by federal and state securities laws. None
of the Shares are or will be subject to any voting trust or agreement. No person holds or has the right to receive any proxy or
similar instrument with respect to such Shares. Except as provided in this Agreement, the Sellers are not a party to any agreement,
which offers or grants to any person the right to purchase or acquire any of the Shares. There is no applicable local, state or
federal law, rule, regulation, or decree, which would, as a result of the purchase of the Shares by Purchaser (and/or assigns)
impair, restrict or delay voting rights with respect to the Shares.

 

    	 	5	 

     

    

 

2.15
Transfer of Shares. The Sellers will have the responsibility for sending all certificates representing the Shares being
purchased, along with the proper Stock Powers with medallion guaranteed signatures acceptable to the Transfer Agent, to the Escrow
Agent for delivery to the Purchaser at Closing.

 

The
Purchaser will have the responsibility of sending the certificates, along with stock powers to the Transfer Agent for CDRW to
have the certificates changed into their respective names and denominations, and the Purchaser shall be responsible for all costs
involved in such changes and in mailing new certificates to all shareholders.

 

2.16
Representations. All representations and warranties shall be true as of the Closing and all such representations shall
survive the Closing.

 

ARTICLE
III

CLOSING

 

3.01
Closing for the Purchase of Common Stock. The Closing (the “Closing”) of this transaction for the Shares of
Common Stock being purchased will occur when all of the documents and consideration described in Paragraphs 2.12 above and in
3.02 below, have been delivered or other arrangements have been made and agreed to by the Parties. This Agreement may be terminated
by the non-breaching in the event of any material breach by the breaching party.

 

3.02
Documents and Payments to be Delivered at Closing. As part of the Closing of the Common Stock purchase, those documents
listed in 2.12 of this Agreement, as well as the following documents, in form reasonably acceptable to counsel to the Parties,
shall have been delivered to Escrow Agent at least 48 hours prior to the Closing:

 

(a)
By the Sellers:

 

(i)
stock certificate or certificates, along with stock powers with signatures medallion guaranteed, representing the Shares, endorsed
in favor of the name or names as designated by Purchaser or left blank, as instructed by the Purchaser;

 

(ii)
the resignation of all officers of CDRW;

 

(iii)
the resignations of directors of CDRW and the appointment of a new Directors as designated by the Purchaser, subject to the requirement
to deliver Schedule 14f-1 to CDRW shareholders at least ten days prior to the date of the new Directors and officers taking office;

 

(iv)
true and correct copies of all of the business and corporate records of CDRW, including but not limited to correspondence files,
bank statements, checkbooks, savings account books, minutes of shareholder and directors meetings or consents, financial statements,
shareholder listings, stock transfer records, agreements and contracts that exist;

 

(v)
EDGAR filing codes and passwords; and

 

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(vi)
such other documents of CDRW as may be reasonably required by Purchaser, if available.

 

(b)
By Purchaser:

 

(i)
wire transfer to the Escrow Agent’s Trust Account in the amount of $307,000, representing the balance of the $337,000 Purchase
Price for the Shares.

 

ARTICLE
IV

INVESTMENT
INTENT:

 

The
Purchaser represents, warrants and covenants to the Sellers the following:

 

4.01
Transfer Restrictions. Purchaser (and or assigns) agrees that the shares being acquired pursuant to this Agreement may
be sold, pledged, assigned, hypothecated or otherwise transferred, with or without consideration (“Transfer”) only
pursuant to an effective registration statement under the Securities Act of 1933, as amended (the “Act”), or pursuant
to an exemption from registration under the act.

 

4.02
Investment Intent. The Purchaser is acquiring the Shares for its own account for investment, and not with a view toward
distribution thereof.

 

4.03
No Advertisement. The Purchaser acknowledge that the Shares have been offered to them in direct communication between Purchaser
and Sellers, and not through any advertisement of any kind.

 

4.04
Knowledge and Experience. The Purchaser acknowledges that it has retained its own legal and financial counsel to assist
it in evaluating this purchase. The Purchaser acknowledges that it has sufficient business and financial experience, and knowledge
concerning the affairs and conditions of CDRW so that it can make a reasoned decision as to this purchase of the Shares, and is
capable of evaluating the merits and risks of this purchase.

 

4.05
Restrictions on Transferability. The Purchaser is aware of the restrictions of transferability of the Shares and further
understands that the certificates may bear a legend similar to the following:

 

(a)
THIS SECURITY HAS NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “ACT”), IN RELIANCE UPON THE EXEMPTION FROM REGISTRATION PROVIDED IN SECTIONS 4(1) AND 4(2) AND REGULATION D
UNDER THE ACT. AS SUCH, THE PURCHASE OF THIS SECURITY WAS MADE WITH THE INTENT OF INVESTMENT AND NOT WITH A VIEW FOR DISTRIBUTION.
THEREFORE, ANY SUBSEQUENT TRANSFER OF THIS SECURITY OR ANY INTEREST THEREIN WILL BE UNLAWFUL UNLESS IT IS REGISTERED UNDER THE
ACT OR UNLESS AN EXEMPTION FROM REGISTRATION IS AVAILABLE. 

 

(b)
The Purchaser understand that the Shares may only be disposed of pursuant to either (i) an effective registration statement under
the Act, or (ii) an exemption from the registration requirements of the Act.

 

    	 	7	 

     

    

 

(c)
CDRW and/or Sellers have neither filed such a registration statement with the SEC or any state authorities regarding the Shares,
nor agreed to do so, nor contemplate doing so in the future for the Shares being purchased; and in the absence of such a registration
statement or exemption, the Purchaser may have to hold the Shares indefinitely and may be unable to liquidate them in case of
an emergency.

 

4.06
Future Business of CDRW. The Purchaser represents that after the Closing of this transaction, the Purchaser will carry
on the existing business of CDRW; and as soon after the Closing as practicable, the Purchaser will cause CDRW to acquire a legitimate
business and/or assets. After Closing, the Purchaser covenant not to manipulate or participate in a manipulating the share price
of CDRW in a “pump and dump” scheme.

 

4.07
Anti-Money Laundering, Anti-Corruption and Anti-Terrorism Laws. The Purchaser confirm that the funds representing the Purchase
Price will not represent proceed of crime for the purpose of any applicable anti-money laundering or anti-terrorist legislation,
regulation or guideline; and the Purchaser is in compliance with, and has not previously violated, the United States of America
Patriot Act of 2001, as amended through the date of this Agreement, to the extent applicable to the Purchaser and all other applicable
anti-money laundering, anti-corruption and anti-terrorism laws and regulations.

 

4.08
Representations. All Representations, warranties and covenants shall be true as of the Closing and shall survive the Closing.

 

ARTICLE
V

REMEDIES

 

5.01
Arbitration. Any controversy or claim relating to or arising from this Agreement (an “Arbitrable Dispute”)
shall be settled by arbitration in accordance with the Commercial Arbitration Rules of the Judicial Arbitration and Mediation
Services (the “JAMS”) as such rules may be modified herein or as otherwise agreed by the parties in controversy. The
forum for arbitration shall be Las Vegas, Nevada. Following thirty (30) days’ notice by any party of intention to invoke
arbitration, any Arbitrable Dispute arising under this Agreement and not mutually resolved within such thirty (30) day period
shall be determined by a single arbitrator upon which the parties agree.

 

5.02
Termination. In addition to any other remedies, the Purchaser may terminate this Agreement, if at the Closing, the Sellers
have failed to comply with all material terms of this Agreement, or have failed to supply any documents required by this Agreement
unless they do not exist, or have failed to disclose any material facts which could have a substantial effect on any part of this
transaction.

 

5.03
Indemnification. From and after the Closing, the parties, jointly and severally, agree to indemnify the other against all
actual losses, damages and expenses caused by (i) any material breach of this Agreement by them or any material misrepresentation
contained herein, or (ii) any misstatement of a material fact or omission to state a material fact required to be stated herein
or necessary to make the statements herein not misleading.

 

    	 	8	 

     

    

 

5.04
Indemnification Non-Exclusive The foregoing indemnification provision is in addition to, and not derogation of any statutory,
equitable or common law remedy any party may have for breach of representation, warranty, covenant or agreement.

 

ARTICLE
VI

MISCELLANEOUS

 

6.01
Captions and Headings. The article and paragraph headings throughout this Agreement are for convenience and reference only,
and shall in no way be deemed to define, limit, or add to the meaning of any provision of this Agreement.

 

6.02
No Oral Change. This Agreement and any provision hereof, may not be waived, changed, modified, or discharged, orally, but
only by an agreement in writing signed by the party against whom enforcement of any waiver, change, modification, or discharge
is sought.

 

6.03
Non Waiver. Except as otherwise expressly provided herein, no waiver of any covenant, condition, or provision of this Agreement
shall be deemed to have been made unless expressly in writing and signed by the party against whom such waiver is charged; and
(i) the failure of any party to insist in any one or more cases upon the performance of any of the provisions, covenants, or conditions
of this Agreement or to exercise any option herein contained shall not be construed as a waiver or relinquishment for the future
of any such provisions, covenants, or conditions, (ii) the acceptance of performance of anything required by this Agreement to
be performed with knowledge of the breach or failure of a covenant, condition, or provision hereof shall not be deemed a waiver
of such breach or failure, and (iii) no waiver by any party of one breach by another party shall be construed as a waiver with
respect to any other or subsequent breach.

 

6.04
Time of Essence. Time is of the essence of this Agreement and of each and every provision hereof.

 

6.05
Entire Agreement. This Agreement, including any and all attachments hereto, if any, contain the entire Agreement and understanding
between the parties hereto, and supersede all prior agreements and understandings.

 

6.06
Partial Invalidity. In the event that any condition, covenant, or other provision of this Agreement is held to be invalid
or void by any court of competent jurisdiction, it shall be deemed severable from the remainder of this Agreement and shall in
no way affect any other condition, covenant or other provision of the Agreement. If such condition, covenant, or other provision
is held to be invalid due to its scope or breadth, it is agreed that it shall be deemed to remain valid to the extent permitted
by law.

 

6.07
Significant Changes The Sellers understand that significant changes may be made in the capitalization and/or stock ownership
of CDRW, which changes could involve a reverse stock split and/or the issuance of additional shares, thus possibly having a dramatic
negative effect on the percentage of ownership and/or number of shares owned by present shareholders of CDRW.

 

    	 	9	 

     

    

 

6.08
Counterparts. This Agreement may be executed simultaneously in one or more counterparts, each of which shall be deemed
an original, but all of which together shall constitute one and the same instrument. Facsimile signatures will be acceptable to
all parties.

 

6.09
Notices. All notices, requests, demands, and other communications under this Agreement shall be in writing and shall be
deemed to have been duly given on the date of service if served personally on the party to whom notice is to be given, or on the
third day after mailing if mailed to the party to whom notice is to be given, by first class mail, registered or certified, postage
prepaid with a copy by electronic mail as follows:

 

If
to the Sellers:

 

If
to the Purchaser:

 

6.10
Binding Effect. This Agreement shall inure to and be binding upon the heirs, executors, personal representatives, successors
and assigns of each of the parties to this Agreement

 

6.11
Effect of Closing. All representations, warranties, covenants, and agreements of the parties contained in this Agreement,
or in any instrument, certificate, opinion, or other writing provided for in it, shall be true and correct as of the Closing and
shall survive the Closing of this Agreement.

 

6.12
Mutual Cooperation. The parties hereto shall cooperate with each other to achieve the purpose of this Agreement, and shall
execute such other and further documents and take such other and further actions as may be necessary or convenient to effect the
transaction described herein..

 

6.13
Governing Law. This Agreement and the rights of the Parties hereunder shall be governed by and construed in accordance
with the Laws of the State of Nevada (regardless of its conflict of laws principles), including all matters of construction, validity,
performance and enforcement and without giving effect to the principles of conflict of laws.

 

6.14
Exclusive Jurisdiction and Venue. The Parties agree that the Courts of the State of Nevada shall have sole and exclusive
jurisdiction and venue for the resolution of all disputes arising under the terms of this Agreement and the Transactions contemplated
herein.

 

6.15
Attorneys Fees. In the event any Party hereto shall commence legal proceedings against the other to enforce the terms hereof,
or to declare rights hereunder, as the result of a breach of any covenant or condition of this Agreement, the prevailing party
in any such breach of an covenant or condition of this Agreement, the prevailing party in any such proceeding shall be entitled
to recover from the losing party its costs of suit, including reasonable attorneys’ fees, as may be fixed by the court.

 

    	 	10	 

     

    

 

IN
WITNESS WHEREOF, this Agreement has been duly executed by the Parties hereto as of the date first written above.

 

	SELLERS:	 	SHARES
    BEING SOLD
	 	 	 	 
	By:	/s/
    Douglas Brackin	 	10,000,000
	 	Douglas
    Brackin	 	 
	 	 	 	 
	By:	/s/
    Joy Brackin	 	10,000,000
	 	Joy
    Brackin	 	 

 

PURCHASER:
AAA CENTURY GROUP USA CORP.

 

	By:	/s/
    Qingxi Meng	 
	 	Qingxi
    Meng, CEO	 

 

    	 	11

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