Document:

Exhibit
10.4

 

Xhibit
LLC

 

Unit
Exchange Agreement

 

This
Agreement is made as of this 9th day of August, 2011, by and among Xhibit
LLC, a Nevada limited liability company, with its principal office at 774 Mays Blvd. #10-343, Incline Village, Nevada 89451
(the “Company”), Chris Richarde (“Richarde”) whose address
560 Village Drive, #26, Incline Village, NV 89450, and Jason Hrissikopoulos (“Hrissikopoulos”)
whose address is 16035 Inglewood Road N.E., Kenmore, WA 98028 (Richarde and Hrissikopoulos are referred to individually
as a “Member” or collectively as the “Members”).

 

I.
Recitals.

 

a.           Each
Member owns the respective number of membership units of Stacked Digital, LLC, a Washington limited liability company (“Stacked
Digital”), Spyfire Interactive, LLC, a Nevada limited liability company (“Spyfire”), and Hrizzo, LLC, a Washington
limited liability company (“Hrizzo”), set out opposite that person’s name in column 2 to Exhibit A to
this Agreement (the “Stacked Digital Units”, the “Spyfire Units” and the “Hrizzo Units”, respectively);

 

b.           The
Company wishes to acquire all the Stacked Digital Units, Spyfire Units and Hrizzo Units (collectively, the “Exchange Units”)
in exchange for the number of membership units of the Company set out opposite that person’s name in column 3 to Exhibit
A to this Agreement (the “Company Units”) on the terms and subject to the conditions set forth in this Agreement;
and

 

c.           Each
of the Members has agreed to exchange the Exchange Units for the Company Units on the terms and subject to the conditions set forth
in this Agreement.

 

NOW, THEREFORE, in
consideration of the premises and the mutual covenants contained in this Agreement, the parties hereto agree as follows:

 

II.
Agreement.

 

1.          Plan
of Reorganization. The Company and the Members have agreed to a plan of reorganization (the “Plan of Reorganization”).
A copy of the Plan of Reorganization is attached to this Agreement as Exhibit B. The parties to this Agreement shall promptly
take such actions that are necessary or appropriate to implement the Plan of Reorganization.

 

    	 

    	 

    

 

2.           Exchange
of Membership Units. Subject to the terms and conditions of this Agreement, each Member hereby agrees to assign, transfer and
deliver to the Company prior to or at the Closing the number of Exchange Units listed opposite that Member’s name in column
2 of Exhibit A to this Agreement in exchange for the issue and delivery by the Company at the Closing of the number of fully
paid and non-assessable Company Units listed opposite the name of the Member in column 3 of Exhibit A. The Exchange Units
to be transferred to the Company pursuant to this Agreement shall be transferred cum distribution with respect to any distributions
payable to members of record at any record date prior to the Closing. All taxes, if any, levied with respect to the transfer of
the Exchange Units and the issue of the Company Units pursuant to this Agreement shall be paid by the Company.

 

3.           Closing.
The Closing for the exchange of shares described in paragraph 3 of this Agreement shall take place at the offices of Invicta Law
Group, PLLC, 1000 Second Avenue, Suite 3310, Seattle, WA 98104-1019 on or before August 15, 2011 at 10:00 A.M. local time or at
such other place and time as the parties to this Agreement shall agree. At the Closing, the Members will deliver to the Company
the certificates (or other evidence of ownership satisfactory to the Company) for the Exchange Units, duly endorsed for transfer
or with duly executed transfer powers attached. At the Closing, the Company will deliver to the Members the certificates (or other
evidence of ownership satisfactory to the Members) for the Company Units to be issued to the Members pursuant to this Agreement.

 

4.           Representations
and Warranties

 

a.           The
Company. The Company hereby makes to the Members the following representations and warranties, each of which is material and
is being relied upon by the Members, is true and correct at the date hereof, shall be true and correct at the date of the Closing
and shall survive the Closing:

 

i.            Organization
and Standing of the Company. The Company is a limited liability company duly organized validly existing and in good standing
under the laws of the state of Nevada and has all requisite corporate power and authority to carry on its business and to own all
the property now owned by it. A true and correct copy of the Company’s Articles of Organization, as amended and now in effect,
is attached as Exhibit 3.a.i to this Agreement.

 

ii.         Capitalization
of the Company. At the Closing, (A) the Company will issue to the Members 26,345,200 Company Units; (B) all of the Company
Units to be issued to the Members pursuant to this Agreement will have been duly authorized and when issued in accordance with
this Agreement, will be validly issued, fully paid, not subject to further assessment or call and without personal liability attaching
to them, and will be authorized, subscribed and paid up pursuant to, and within the limitations contained in, such appropriate
and effective permits and consents of the applicable government authorities as required by law; and (C) the Company will issue
to the Members, and the Members will receive, good and valid legal and beneficial title to the Company Units to be issued to the
Members pursuant to this Agreement, free and clear of all encumbrances except as set forth in that certain Operating Agreement
of the Company dated as of August 8, 2011.

 

iii.         Managers.
The Manager of the Company as of the date of this Agreement is XHIBIT Management Corp., a Nevada corporation.

 

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iv.         Taxes. The
Company has filed all United States federal, state, county and local returns and reports which were required to be filed on or
prior to the date hereof in respect of all income, withholding, franchise, payroll, excise, property, sales, use, value-added or
other taxes or levies, imposts, duties, license and registration fees, charges, assessments or withholdings of any nature whatsoever
(together, “Taxes”), and has paid all Taxes (and any related penalties, fines and interest) which have become due pursuant
to such returns or reports or pursuant to any assessment which has become payable, or, to the extent its liability for any Taxes
(and any related penalties, fines and interest) has not been fully discharged, the same have been properly reflected as a liability
on the books and records of the Company and adequate reserves therefore have been established. 

 

v.           Compliance
with Law. The Company is in compliance with all applicable federal, state, local and foreign laws and regulations relating
to the protection of the environment and human health. There are no claims, notices, actions, suits, hearings, investigations,
inquiries or proceedings pending or, to the knowledge of the Company, threatened against the Company that are based on or related
to any environmental matters or the failure to have any required environmental permits, and there are no past or present conditions
that the Company has reason to believe are likely to give rise to any material liability or other obligations of the Company under
any environmental laws.

 

vi.         Litigation. To
the Company’s knowledge, there is no claim, dispute, action, suit, proceeding or investigation pending or, to the knowledge
of the Company, threatened, against or affecting the business of the Company, or challenging the validity or propriety of the transactions
contemplated by this Agreement, at law or in equity or admiralty or before any federal, state, local, foreign or other governmental
authority, board, agency, commission or instrumentality, nor to the knowledge of the Company, has any such claim, dispute, action,
suit, proceeding or investigation been pending or threatened, during the twelve month period preceding the date hereof. There is
no outstanding judgment, order, writ, ruling, injunction, stipulation or decree of any court, arbitrator or federal, state, local,
foreign or other governmental authority, board, agency, commission or instrumentality, against or materially affecting the business
of the Company. The Company has not received any written or verbal inquiry from any federal, state, local, foreign or other governmental
authority, board, agency, commission or instrumentality concerning the possible violation of any law, rule or regulation or any
matter disclosed in respect of its business. 

 

vii.         Governmental
Consents. At the Closing, all necessary or appropriate consents, approvals, authorizations or other action by, or filing, registration
or qualification with, any administrative or governmental body of any jurisdiction required of the Company in connection with the
execution, delivery and performance of this Agreement by the Company and the issue, exchange and delivery by the Company of the
Company Units to be issued to the Members pursuant to this Agreement will have been obtained or made, as the case may be.

 

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viii.         Due
Execution, Delivery and Performance. Neither the execution and delivery of this Agreement by the Company nor the performance
by the Company of any of its obligations under this Agreement: (a) conflicts with or will result in a breach of any laws, regulations
or orders of any applicable jurisdiction which are binding on the Company, or any of the terms, conditions or provisions of the
Certificate of Formation of the Company (as in effect on the date of this Agreement and on the date of the Closing) or of any agreement
or instrument to which the Company is a party or by which it is bound; (b) constitutes or will constitute a default or will relieve
the other party of its obligations under any such agreement or instrument; or (c) will result in the creation or imposition of
any encumbrance of any nature whatsoever upon any of the property or assets of the Company, or in any way impair the rights granted
or agreed to be granted to the Members hereunder.

 

ix.         Corporate
Action. At the Closing, the execution and delivery of this Agreement by the Company and the performance of its covenants and
undertakings in accordance with this Agreement will have been duly authorized by all requisite corporate action, and the Company
has the corporate power and authority to enter into this Agreement and to perform the covenants and undertakings to be performed
by the Company hereunder. Upon execution and delivery, this Agreement will constitute the legal, valid and binding obligations
of the Company, enforceable in accordance with its terms.

 

b.           The
Members. Except for (ix)-(xii) below which are made by Richarde and Hrissikopoulos individually, for purposes of this Agreement,
(i) Richarde will make the following representations and warranties with respect to SpyFire and Stacked Digital, and (ii) Hrissikopoulos
will make the following representations and warranties with respect to Hrizzo and Stacked Digital, each of which is material and
is being relied upon by the Company, is true and correct at the date hereof, shall be true and correct at the date of the Closing
and shall survive the Closing:

 

i.            Organization
and Standing of the Exchange Companies. Spyfire is a limited liability company duly organized validly existing and in good
standing under the laws of the state of Nevada and has all requisite corporate power and authority to carry on its business and
to own all the property now owned by it. Hrizzo is a limited liability company duly organized validly existing and in good standing
under the laws of the state of Washington and has all requisite corporate power and authority to carry on its business and to own
all the property now owned by it. Stacked Digital is a limited liability company duly organized validly existing and in good standing
under the laws of the state of Washington and has all requisite corporate power and authority to carry on its business and to own
all the property now owned by it. A true and correct copy of each Exchange Company’s Certificate of Formation, as amended
and now in effect, is attached as Exhibit 3.b.i. to this Agreement.

 

ii.         Capitalization
of the Company. At the Closing, (A) each Exchange Company has issued and outstanding the number of membership units set out
opposite its name:

 

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	Spyfire	10,000,000
	Stacked Digital	10,000
	Hrizzo	10,000
	 	 

 

(B) all of the Exchange Units to be exchanged
to the Company pursuant to this Agreement have been duly authorized, are validly issued, fully paid, not subject to further assessment
or call and without personal liability attaching to them, and are authorized, subscribed and paid up pursuant to, and within the
limitations contained in such appropriate and effective permits and consents of the applicable government authorities as required
by law; and (C) the Members will assign to the Company, and the Company will receive, good and valid legal and beneficial title
to the Exchange Units pursuant to this Agreement, free and clear of all encumbrances.

 

iii.         Managers.
The Managers of the Exchange Companies as of the date of this Agreement are set forth below:

 

	Spyfire	Chris Richarde
	Stacked Digital	Chris Richarde and Jason Hrissikopoulos
	Hrizzo	Jason Hrissikopoulos

 

iv.         Taxes. 
Each of the Exchange Companies has filed all returns and reports which were required to be filed on or prior to the date hereof,
and has paid all Taxes (and any related penalties, fines and interest) which have become due pursuant to such returns or reports
or pursuant to any assessment which has become payable, or, to the extent its liability for any Taxes (and any related penalties,
fines and interest) has not been fully discharged, the same have been properly reflected as a liability on the books and records
of the Exchange Companies and adequate reserves therefore have been established. All such returns and reports filed on or prior
to the date hereof have been properly prepared and are true, correct (and to the extent such returns reflect judgments made by
the Exchange Companies such judgments were reasonable under the circumstances) and complete in all material respects.

 

v.           Litigation. To
their knowledge, there is no claim, dispute, action, suit, proceeding or investigation pending or, to the knowledge of the Exchange
Companies, threatened, against or affecting the business of the Exchange Companies, or challenging the validity or propriety of
the transactions contemplated by this Agreement, at law or in equity or admiralty or before any federal, state, local, foreign
or other governmental authority, board, agency, commission or instrumentality, nor to the knowledge of the Exchange Companies,
has any such claim, dispute, action, suit, proceeding or investigation been pending or threatened, during the twelve month period
preceding the date hereof. There is no outstanding judgment, order, writ, ruling, injunction, stipulation or decree of any court,
arbitrator or federal, state, local, foreign or other governmental authority, board, agency, commission or instrumentality, against
or materially affecting the business of the Exchange Companies. None of the Exchange Companies has received any written or verbal
inquiry from any federal, state, local, foreign or other governmental authority, board, agency, commission or instrumentality concerning
the possible violation of any law, rule or regulation or any matter disclosed in respect of its business. 

 

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vi.         Governmental
Consents. At the Closing, all necessary or appropriate consents, approvals, authorizations or other action by, or filing, registration
or qualification with, any administrative or governmental body of any jurisdiction required of the Members in connection with the
execution, delivery and performance of this Agreement by the Members and the exchange and delivery by the Members of the Exchange
Units to be assigned to the Company pursuant to this Agreement will have been obtained or made, as the case may be.

 

vii.         Due
Execution, Delivery and Performance. Neither the execution and delivery of this Agreement by the Members nor the performance
by the Members of any of his obligations under this Agreement: (a) conflicts with or will result 1n a breach of any laws, regulations
or orders of any applicable jurisdiction which are binding on the Members or Exchange Companies, or any of the terms, conditions
or provisions of the Certificates of Formation of the Exchange Companies (as in effect on the date of this Agreement and on the
date of the Closing) or of any agreement or instrument to which the Members or Exchange Companies are a party or by which he or
it is bound; (b) constitutes or will constitute a default or will relieve the other party of its obligations under any such agreement
or instrument; or (c) will result in the creation or imposition of any encumbrance of any nature whatsoever upon any of the property
or assets of the Members or Exchange Companies, or in any way impair the rights granted or agreed to be granted to the Members
hereunder.

 

viii.         Power
and Authority. At the Closing, the Members have the power and authority to enter into this Agreement and to perform the covenants
and undertakings to be performed by the Members hereunder. Upon execution and delivery, this Agreement will constitute the legal,
valid and binding obligations of the Members, enforceable in accordance with its terms.

 

ix.          Purchase
for Investment. 

 

1.          Each
Member is acquiring the Company Units for investment for his own account and not as nominees or agents, and not with a view to
the resale or distribution of any part thereof, and each Member has no present intention of selling, granting any participation
in, or otherwise distributing the same. The Members further represent that he does not have any contract, undertaking, agreement
or arrangement with any person to sell, transfer or grant participation to such person or to any third person, with respect to
any of the Company Units.

 

2.          Each
Member understands that the Company Units are not registered under the Securities Exchange Act of 1933, as amended (the “Act”)
on the ground that the sale and the issuance of securities hereunder is exempt from registration under the Act, and that the Company’s
reliance on such exemption is predicated on the Member’s representations set forth herein. Each Member is an “accredited
investor” as that term is defined in Rule 501(a) of Regulation D under the Act.

 

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x.         Investment
Experience. Each Member acknowledges that he can bear the economic risk of this investment, and has such knowledge and
experience in financial and business matters that he is capable of evaluating the merits and risks of the investment in the Company
Units.

 

xi.        Information. Each
Member has carefully reviewed such information as such he deemed necessary to evaluate an investment in the Company Units. To the
full satisfaction of each Member, he has been furnished all materials that he has requested relating to the Company and the issuance
of the Company Units hereunder, and each Member has been afforded the opportunity to ask questions of representatives of the Company
to obtain any information necessary to verify the accuracy of any representations or information made or given to him. Notwithstanding
the foregoing, nothing herein shall derogate from or otherwise modify the representations and warranties of the Company set forth
in this Agreement, on which the Members have relied in making an exchange of the Exchange Units for the Company Units.

 

xii.       Restricted
Securities. Each Member understands that the Company Units may not be sold, transferred, or otherwise disposed of without
registration under the Act or an exemption there from, and that in the absence of an effective registration statement covering
the Company Units or any available exemption from registration under the Act, the Company Units must be held indefinitely. Each
Member is aware that the Company Units may not be sold pursuant to Rule 144 promulgated under the Act unless all of the conditions
of that Rule are met. Among the conditions for use of Rule 144 may be the availability of current information to the public about
the Company.

 

5.           Conditions
to Closing.

 

a.           Each
and all of the obligations and duties of the Company under this Agreement are expressly conditional upon, and subject to the fulfillment
of, prior to or at the Closing, each of the following conditions:

 

(i)          the
representations and warranties of the Members provided for in this Agreement shall be true and correct in all material respects
at the time of the Closing, as though made at that time; and

 

(ii)         all
notices (if any) required to be given under all applicable laws by the Members with respect to the transactions to be consummated
pursuant to this Agreement shall have been given in accordance with such laws.

 

b.           Each
and all of the obligations and duties of the Members under this Agreement are expressly conditional upon, and subject to the fulfillment
of, prior to or at the Closing, each of the following conditions:

 

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(i)         the representations
and warranties of the Company provided in this Agreement shall be true and correct in all material respects at the time of the
Closing, as though made at that time; and

 

(ii)         all
notices (if any) required to be given under all applicable laws by the Company with respect to the transactions to be consummated
pursuant to this Agreement shall have been given in accordance with such laws.

 

6.           Covenants.

 

a.           Further
Assurances.  Each of the Parties shall use its reasonable commercial efforts to proceed promptly with the transactions
contemplated herein, to fulfill the conditions precedent for such party’s benefit or to cause the same to be fulfilled and
to execute such further documents and other papers and perform such further acts as may be reasonably required or desirable to
carry out the provisions of this Agreement and to consummate the transactions contemplated herein.

 

b.           Distributions.
On or before the Closing Date, the Members may, in their sole desecration, cause their respective Exchange Company to allocate
and make distribution of cash in the amounts determined by such Members.

 

c.           Blue
Sky Laws. The Company shall take any action (other than qualifying to do business in any jurisdiction in which it is not now
so qualified) required to be taken under any applicable state securities laws in connection with the issuance of the Company Units
in connection with this Agreement.

 

d.           Fees
and Expenses. All fees and expenses incurred in connection with this Agreement shall be paid by the party incurring such fees
or expenses, whether or not this Agreement is consummated.

 

e.           Indemnification
and Insurance.

 

i.            For
a period of one year following the Closing Date, the Members hereby agree as to their respective Representations and Warranties
as set forth in this Agreement to indemnify the Company, each of the managers, officers and agents of the Company as of the Closing
against any loss, liability, claim, damage or expense (including, but not limited to, any and all expense whatsoever, including
reasonable attorneys’ fees, reasonably incurred in investigating, preparing or defending against any litigation, commenced
or threatened or any claim whatsoever), to which it or they may become subject to or rising out of or based on any inaccuracy appearing
in or misrepresentation made in this Agreement.  The indemnification provided for in this paragraph shall survive the
Closing and consummation of the transactions contemplated hereby and termination of this Agreement.

 

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ii.         The
Company hereby agrees to indemnify the Members as of the Closing against any loss, liability, claim, damage or expense (including,
but not limited to, any and all expense whatsoever, including reasonable attorneys’ fees, reasonably incurred in investigating,
preparing or defending against any litigation, commenced or threatened or any claim whatsoever), to which it or they may become
subject arising out of or based on any inaccuracy appearing in or misrepresentation made in this Agreement. The indemnification
provided for in this paragraph shall survive the Closing and consummation of the transactions contemplated hereby and termination
of this Agreement. 

 

7.           General
Provisions.

 

a.           All
notices, demands or other communications under this Agreement shall be given or made in writing, and shall be delivered personally,
or sent by certified or registered mail, with return receipt requested to the addresses set forth in this Agreement. Any notice,
demand or other communication given or made by mail in the manner prescribed in this section shall be deemed to have been received
five (5) days after the date of mailing.

 

b.           Each
of the Parties hereto is executing and carrying out the provisions of this Agreement in reliance upon the representations, warranties
and covenants and agreements contained in this agreement or at the closing of the transactions herein provided for and not upon
any investigation which it might have made or any representations, warranty, agreement, promise or information, written or oral,
made by the other party or any other person other than as specifically set forth herein. Except as specifically set forth in this
Agreement, representations and warranties and statements made by a party to in this Agreement or in any document or certificate
delivered pursuant hereto shall not survive the Closing, and no claims made by virtue of such representations, warranties, agreements
and covenants shall be made or commenced by any party hereto from and after the Closing.

 

c.           During
the course of this transaction through Closing, each Party agrees to make available for inspection all corporate books, records
and assets, and otherwise afford to each other and their respective representatives, reasonable access to all documentation and
other information concerning the business, financial and legal conditions of each other for the purpose of conducting a due diligence
investigation thereof. Such due diligence investigation shall be for the purpose of satisfying each party as to the business, financial
and legal condition of each other for the purpose of determining the desirability of consummating the proposed transaction. The
Parties further agree to keep confidential and not use for their own benefit, except in accordance with this Agreement any information
or documentation obtained in connection with any such investigation.

  

d.           
Each party to this Agreement shall execute and deliver such other documents and do such other acts and things as may be necessary
or desirable to carry out the terms, provisions and purposes of this Agreement.

 

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e.           No
amendment, interpretation or waiver of any of the provisions of this Agreement shall be effective unless made in writing and signed
by the parties to this Agreement.

 

f.            This
Agreement shall be binding upon and shall inure to the benefit of each of the parties and their successors, heirs or permitted
assigns, as the case may be, and any such successors, heirs or assigns shall be deemed substituted for the original party under
the provisions of this Agreement.

 

g.           The
failure to enforce or to require the performance at any time of any of the provisions of this Agreement shall not be construed
to be a waiver of such provisions, and shall not affect either the validity of this Agreement or any part hereof or the right of
any party thereafter to enforce each and every provision in accordance with the terms of this Agreement.

 

h.           This
Agreement contains the entire agreement of the parties with respect to the subject matter of this Agreement and supersedes all
prior agreements between the parties, whether written or oral, with respect to the subject matter of this Agreement. Each of the
parties to this Agreement acknowledges that, in agreeing to enter into this Agreement, it has not relied on any representations
or warranties other than those contained in this Agreement.

 

i.            This
Agreement and the relationships of the parties in connection with the subject matter of this Agreement shall be governed by and
determined in accordance with the laws of the State of Nevada.

 

j.            If
any severable provision of this Agreement is held to be invalid or unenforceable by any judgment of a tribunal of competent jurisdiction,
the remainder of this Agreement shall not be affected by such judgment, and the Agreement shall be carried out as nearly as possible
according to its original terms and intent.

 

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

 

l.            Headings
contained in this Agreement are for convenience only and shall not be used in the interpretation of this Agreement. References
herein to Sections and Exhibits are to the sections and exhibits, respectively, of this Agreement. As used herein, the singular
includes the plural, and the masculine, feminine and neuter gender each includes the others where the context so indicates.

 

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IN WITNESS WHEREOF,
the parties hereto have signed or caused this Agreement to be signed by their duly authorized representatives as of the day and
year first above written.

 

	Company:	 	Members:
	 	 	 
	Xhibit LLC	 	 
	By: Xhibit Management Corp., its Manager	 	 
	 	 	 
	 	 	/s/ Jason Hrissikopoulos
	 	 	Jason Hrissikopoulos  
	 	 	 
	By:	/s/ Chris Richarde	 	
	Chris Richarde, Its CEO	 	 
	 	 	 
	 	 	/s/ Chris Richarde  
	 	 	Chris Richarde

 

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Exhibit
A 

to

Unit Exchange Agreement

 

	Column 1	 	Column 2	 	Column 3
	Name and Address 

of Members	 	Company and Number of 

Exchange Units	 	Number and Class of 

Company Units
	 	 	 	 	 
	Chris Richarde	 	Spyfire – 10,000,000	 	17,246,600
	560 Village Drive, #26	 	Stacked Digital – 5,000	 	 
	Incline Village, NV 89450 	 	 	 	 
	 	 	 	 	 
	Jason Hrissikopoulos	 	Hrizzo – 10,000	 	9,098,600
	16035 Inglewood Road N.E., Kenmore, WA 98028	 	Stacked Digital – 5,000	 	 

 

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Exhibit
B 

to

Unit Exchange Agreement

 

XHIBIT, LLC 

PLAN OF REORGANIZATION

 

This Plan of Reorganization
(the “Plan”), which is dated as of August 8, 2011, shall constitute the Plan of Xhibit, LLC, a Nevada limited liability
company (“Xhibit”) as adopted by the Manager of Xhibit.

 

It is intended that
the transactions described in the Plan shall constitute a tax free transfer of membership units of Xhibit.

 

The Manager of Xhibit
is authorized, empowered and directed to execute and deliver all documents and to do such other acts in the name of and on behalf
of Xhibit as it determines necessary or desirable in order to carry out the purposes and intentions of this Plan. The Manager shall
be held harmless by Xhibit for any action taken by it in good faith under this Plan and for any expense or liability incurred by
it in connection with the Plan.

 

Xhibit was formed on
July 18, 2011, under the laws of the state of Nevada. Stacked Digital, LLC (“Stacked Digital”) was formed on April
11, 2010, under the laws of the state of Washington. Hrizzo, LLC (“Hrizzo”) was formed on June 5, 2007, under the laws
of the state of Washington. Spyfire Interactive, LLC (“Spyfire”) was formed on October 27, 2005, under the laws of
the state of Nevada. At the date of this Plan, the number of units of Stacked Digital, Hrizzo and Spyfire issued and outstanding
are set forth in column 2 of Exhibit A hereto.

 

The transactions described
will be completed as soon as reasonably possible but in any event not later than August 15, 2011. Xhibit will offer to issue (i)
17,246,600 Units to Richarde, and (ii) 9,098,600 Units to Hrissikopoulos in exchange for the transfer to Xhibit of (x) 10,000 membership
units of Stacked Digital owned by Hrissikopoulos and Richarde, (y) 10,000 membership units of Hrizzo owned by Hrissikopoulos, and
(z) 10,000,000 membership units of Spyfire owned by Richarde, each as set forth in column 2 of Exhibit A (collectively the
“Members”)

 

Assuming that the Members
accept this exchange offer in full, Xhibit will issue a total of 26,345,200 Units to the Members as set out in Exhibit A.
Assuming that all of the Members accept the exchange offer in full, subsequent to the unit exchanges, Xhibit will acquire 100%
of the issued and outstanding units of Stacked Digital, Hrizzo and Spyfire.

 

    	- 13 -Exhibit
10.5

 

CONFIDENTIAL

 

SETTLEMENT
AGREEMENT

 

THIS
SETTLEMENT AGREEMENT (the "Agreement") isdated as of this 4thday ofJanuary, 2012,(the "Effective
Date") by and amongXHIBIT, LLC, a Nevada limited liability company, with its offices at 80 E. Rio Salado Parkway,
Suite 611,Tempe, AZ 85281(the "Company"), Xhibit
Management Corp., a Nevada corporationand the manager of the Company, with its offices at 80 E. Rio Salado Parkway,
Suite 611, Tempe, AZ 85281(the "Manager")and JASONHRISSIKOPOULOS, a married
individual, whose address is 3310 E. Huber Street, Mesa, AZ 85213 ("Hrissikopoulos").

 

RECITALS:

 

A.           Hrissikopoulos
presently serves as the President of the Company, the President of the Manager, and a director of the Manager (collectively, the
"Offices").

 

B.           Hrissikopoulos
is the owner of 9,098,600 Units in the Company represented by certificate no. 2 (the "Units") and 35 shares of
common stock in the Manager represented by certificate no. 2 (the "Shares").Hrissikopoulos has received distributions
from the Company in the aggregate amount of $116,718.76 as of the Effective Date (the "Distributions").

 

C.           Hrissikopoulos
is the payee on a Promissory Note dated August 9, 2011 (the "Note") pursuant to which the Company agreed to pay
Hrissikopoulos the principal amount of $122,000 plus interest, and no payments have been made on the Note prior to the Effective
Date.

 

D.           The
Units and the Shares were issued to Hrissikopoulos in exchange for his contribution to the Company of 100% of the equity of Hrizzo,
LLC("Hrizzo") and 50% of the equity of Stacked Digital, LLC ("Stacked"), which are now subsidiaries
of the Company.

 

E.           Hrizzo
has lost its major customer, thereby significantly reducing its value to the Company, and Hrissikopoulos, the Company and the Manager
have agreed that a portion of the Units and the Shares will be cancelled to reflect this reduction in value.

 

F.           Hrissikopoulos
agrees, subject to the terms and conditions of this Agreement, to make the representations, warranties and covenants contained
herein in exchange for the Company and the Manager making their respective representations, warranties and covenants contained
herein and have agreed to enter into this Agreement for such purpose.

 

AGREEMENT:

 

ARTICLE
I

 

SETTLEMENT TERMS

 

1.1.          Unit
and Share Cancellation. Upon execution of this Agreement, (i) Hrissikopoulos shall deliver the certificates representing the
Units and the Shares to the CEO of the Company and of the Manager, duly endorsed in blank, andthe Company and the Manager shall
cancel and nullify7,578,411 of the Units and 29 of the Shares immediately,and (ii) the Company and the Manager shall deliver to
Hrissikopoulos certificates representing the 1,520,189 Units and 6 Shares he will then own.

 

    	 

    	 

    

 

1.2           Distributions.    Hrissikopoulos
shall be entitled to retain all of the Distributions paid to him prior to the Effective Date. Commencing on the Effective Date,
Hrissikopoulos shall no longer have a right to receive distributions from the Company, and he acknowledges and agrees that the
Company shall take all required action to amend its Operating Agreement to remove his right to receive distributions, and he further
agrees to execute a written consent of the Members of the Company to approve the amendment to the Company's Operating Agreement.
In lieu of such future distributions, Hrissikopoulos shall instead be entitled to receive a monthly salary and other benefits(the
"Compensation") from Stackedas set forth in the Employment Agreement, a copy of which is attached hereto as Exhibit
A (the "Employment Agreement"). The Company shall take all required action to obtain the consent of a Supermajority
of the Members, as required under its Operating Agreement, to permit payment of the Compensation and approve the Employment Agreement,
if necessary. Failure to obtain the foregoing consent shall terminate and void this Agreement. Payment of the Compensation shall
be contingent upon full performance by Hrissikopoulos of all of his obligations contained in this Agreement and in the Employment
Agreement.

 

1.3           Cancellation
of the Note.     Concurrent with execution of this Agreement, Hrissikopoulos shall return the original
signed Note to the Company for immediate cancellation, the Company shall have no further obligations under the Note, and Hrissikopoulos
shall have no further rights, to repayment or otherwise, under the Note.

 

1.4           Resignation
from Offices.     As of the Effective Date, Hrissikopoulos has resigned from all of the Offices, Hrissikopoulos
shall have no further managerial rights in either the Company or the Manager, and Hrissikopoulos acknowledges and agrees he shall
have no right to be appointed as either an officer or director of any company with which the Company shall engage in a merger or
acquisition or any successor company to the Company. Hrissikopoulos shall remain the President of Hrizzo and the President of Stacked
Digital.

 

    	2

    	 

    

 

ARTICLE
II

 

REPRESENTATIONS
AND WARRANTIES

 

Hrissikopoulos hereby
represents and warrantsto the Company and the Manager as of the Effective Date that:

 

2.1.          Agreement
Binding. Neither the execution, delivery, nor performance of this Agreement by Hrissikopoulos will, with or without the giving
of notice or the passage of time, or both, conflict with or result in a default, right to accelerate or loss of rights under, or
result in the creation of, any lien, charge or encumbrance or any franchise, mortgage, deed of trust, lease, license, agreement,
understanding, law, rule or regulation, or any order, judgment or decree to which Hrissikopoulos is a party or by which Hrissikopoulos
may be bound or affected or result in or constitute the basis for the creation of any claim, liens, or encumbrance of any nature
whatsoever in respect to the Units or the Shares.

 

2.2.          Full
Settlement. Hrissikopoulos agrees that as of the Effective Date and except as expressly provided in this Agreement and the
Employment Agreement, no further compensation is due or owing toHrissikopoulos from the Company or the Manager whether in the form
of cash or non-cash compensation with respect to any relationship between the Company and Hrissikopoulos or the Manager and Hrissikopoulos.

 

2.3.          Authority.
Hrissikopoulos has the requisite capacity, power and authority as applicable to transfer the Units and the Shares to the Company
and the Manager for their partial cancellation. Hrissikopoulos has the requisite capacity, power and authority as applicable to
execute, deliver and perform their obligations under this Agreement, and this Agreement constitutes a legal, valid and binding
obligation of Hrissikopoulos.

 

2.4.          Title.
The Units and the Shares constitute all of Hrissikopoulos' right, title and interest in the equity securities or properties of
the Company and the Manager. Hrissikopoulos is the sole record and beneficial owner of the Units and the Shares and such Units
and Shares are duly and validly issued and are free and clear from any lien, claim, pledge, charge or encumbrance except as set
forth in that certain Operating Agreement of the Company. Other than this Agreement, there are no outstanding subscriptions, options,
rights, warrants, debentures, instruments, convertible securities or other agreements or commitments now obligating Hrissikopoulos,
or if hereafter exercised would require Hrissikopoulos, to transfer or surrender the Units or Shares.

 

2.5.          Full
Knowledge. As a sophisticated and accredited investor and an officer and equity holder of the Company and the Manager,Hrissikopoulos
has had access to and been given an opportunity to ask such questions of the Company and the Manager and their management concerning
the Company's and the Manager's business, operations, financial condition, assets, liabilities and other relevant matters as Hrissikopoulos
has deemed necessary or desirable, and has received and reviewed all information requested, in order to evaluate the merits and
risk relevant to Hrissikopoulos' decision regarding the transactions contemplated by this Agreement.

 

    	3

    	 

    

 

The Company and the Manager
hereby represent and warrant to Hrissikopoulos as of the Effective Date that:

 

2.6.          Agreement
Binding. Neither the execution, delivery, nor performance of this Agreement by the Company and the Manager will, with or without
the giving of notice or the passage of time, or both, conflict with or result in a default, right to accelerate or loss of rights
under, or result in the creation of, any lien, charge or encumbrance or any franchise, mortgage, deed of trust, lease, license,
agreement, understanding, law, rule or regulation, or any order, judgment or decree to which the Company and/or the Manager is
a party or by which the Company and/or the Manager may be bound or affected or result in or constitute the basis for the creation
of any claim, liens, or encumbrance of any nature whatsoever.

 

2.7.          Authority.
The Company and the Manager have the requisite capacity, power and authority as applicable to execute, deliver and perform
their obligations under this Agreement, and this Agreement constitutes a legal, valid and binding obligation of the Company and
the Manager.

 

ARTICLE
III

 

INDEMNIFICATION

 

3.1.          Indemnification
by the Company and the Manager. Except to the extent caused by any act or omission of Hrissikopoulos and subject to the closing
of the transaction contemplated by this Agreement, the Company, the Manager and the Company and the CompanyParties(as defined below)
jointly and severally agree to indemnify, defend and hold harmless Hrissikopoulos and his heirs, executors, successors, predecessors,
assigns, present and former partners, principals, employees, agents, attorneys and all other persons acting on their behalf (the
"Hrissikopoulos Parties") from any and all: (a) liabilities, losses, costs or damages to Hrissikopoulos or the
Hrissikopoulos Parties ("Loss") and (b) any and all reasonable attorneys' and accountants' fees and expenses and
other out-of-pocket expenses incurred in defending or prosecuting any claim resulting in or from a Loss ("Fees")
from or by virtue of the failure of any covenant or breach of any representation or warranty of any of the Companyor the Company
Parties in this Agreement.

 

3.2           Indemnification
by Hrissikopoulos. Except to the extent caused by any act or omission of the Company or the Manager and subject to the closing
of the transaction contemplated by this Agreement, Hrissikopoulos and the Hrissikopoulos Parties jointly and severally agree to
indemnify, defend and hold harmless the Company and its successors, predecessors, assigns, affiliates, subsidiaries, divisions,
present and former officers, managers, directors, employees, shareholders, members, agents, attorneys and all other persons acting
on their behalf (including the Manager) (collectively, the "Company Parties") from any and all: (a) liabilities,
losses, costs or damages to the Company or the Company Parties ("Loss") and (b) any and all reasonable attorneys'
and accountants' fees and expenses and other out-of-pocket expenses incurred in defending or prosecuting any claim resulting in
or from a Loss ("Fees") from or by virtue of the failure of any covenant of or breach of any representation or
warranty made by any of Hrissikopoulos or the Hrissikopoulos Parties in this Agreement.

 

    	4

    	 

    

 

ARTICLE
IV

 

MISCELLANEOUS

 

4.1.          Confidentiality.
None of the parties to this Agreementwill discuss or disclose this Agreement or any of its terms with or to any unaffiliated
person or entity not signing this Agreement, except as required by law, and will not voluntarily cooperate or aid any claimant
adverse to the other parties.A party may disclose the terms of this Agreement only with theirlegal and financial advisors.

 

4.2.          Effectiveness.Each
party to this Agreementacknowledges that it has freely, knowingly and voluntarily entered into this Agreement.

 

4.3.          Separate
Counsel. The parties stipulate and agree that, in entering into this Agreement, they have relied upon the advice and representation
of counsel and other advisors selected by them, the Company and the Manager having urged Hrissikopoulos to rely on separate counsel
chosen by him. Hrissikopoulos particularly stipulates and agrees that he wasafforded time within which to consider the terms of
this Agreement, with his legal counsel, the Invicta Law Group PLLC ("Invicta"), and that he and his counsel and
advisors have not received and are not relying on any representations or warranty from any person or entity retained or employed
by the Company or the Manager in connection with his entry into this Agreement.Hrissikopoulos acknowledge that Keller Rohrback,
P.L.C. and its attorneys serve as counsel for the Company and the Manager and do not represent Hrissikopoulos.

 

4.4.          Conflict
of Interest Waiver. The parties to this Agreement acknowledge that Invicta has a conflict of interest with respect to representing
Hrissikopoulos in this transaction due to past representations of the Company and Hrissikopoulos in connection with their individual
legal matters. The Rules of Professional Conduct relating to the practice of law in the State of Washington and specifically Rule 1.7
relating to conflicts of interest by Invicta require that the conflict of interest be disclosed and that each of the parties, after
consultation and full disclosure, consent, in writing, to such representation. The parties confirm that Invicta has disclosed this
conflict of interest, have discussed the conflict and have concluded that the preparation and negotiation of this Agreement and
the Employment Agreement by Invicta on behalf of Hrissikopoulos is acceptable notwithstanding the conflict of interest. The parties'
respective signatures to this Agreement and Employment Agreement constitute an express waiver of the conflict of interest and authorization
by the parties to Invicta to prepare and negotiate this Agreement and the Employment Agreement and to continue to represent the
interests of Hrissikopoulos.

 

    	5

    	 

    

 

4.5.          Waiver
of Breach or Default. No waiver of any breach or default hereunder shall be considered valid unless in writing and signed by
the party giving such waiver, and no such waiver shall be deemed a waiver of any subsequent breach or default of the same or similar
nature.

 

4.6.          Successors
and Assigns. This Agreement shall be binding upon and inure to the benefit of each party hereto and its successors and assigns.

 

4.7.          Paragraph
Headings. The paragraph headings contained herein are for the purposes of convenience only and are not intended to define or
limit the contents of said paragraphs.

 

4.8.          Counterparts.
This Agreement may be executed in one or more counterparts, all of which taken together shall be deemed one original.

 

4.9.          Applicable
Law. This Agreement and all amendments thereof shall be governed by and construed in accordance with the laws of the State
of Arizonaapplicable to contracts made and to be performed therein and the parties herein are subject to the personal jurisdiction
of the courts in and for the State of Arizona, with venue to lie in MaricopaCounty, and to the extent permitted by law, are also
subject to the personal jurisdiction of the Federal District Court, with venue to lie in the District of Arizona.

 

4.10.         Severability.
Wherever there is any conflict between any provisions of this Agreement and any statute, law, regulation or judicial precedent,
the latter shall prevail, but in such event the provisions of this Agreement thus affected shall be curtailed and limited only
to the extent necessary to bring it within the requirement of the law. In the event that any part, section, paragraph or clause
of this Agreement shall be held by a court of proper jurisdiction to be invalid or unenforceable, the entire Agreement shall not
fail on account thereof, but the balance of the Agreement shall continue in full force and effect unless such construction would
clearly be contrary to the intention of the parties or would result in unconscionable injustice.

 

4.11.         Litigation.
In the event of any litigation between the parties arising out of this Agreement, the prevailing party shall be entitled to recover
its court costs and reasonable attorneys' fees.

 

4.12.         
Entire Agreement and Modification. This Agreement represents the entire agreement by, between and among any of the parties
and may be modified only by a duly authorized writing, executed by the Company, the Manager and Hrissikopoulos or their respective
heirs, successors or assigns.

 

    	6

    	 

    

 

4.13.         Notices.
All notices, consents, waivers and other communications under this Agreement must be in writing and will be deemed to have been
duly given when (a) delivered by hand (with written confirmation of receipt); or (b) when received by the addressee,
if sent by a nationally recognized overnight delivery service (receipt requested), in each case to the appropriate addresses set
forth above (or to such other addresses as a party may designate from time to time by notice to the other parties).

 

[Signatures begin on
next page]

 

    	7

    	 

    

 

	 	The Company:
	 	 
	 	XHIBIT LLC, a Nevadalimited liability company
	 	 	 
	 	By	/s/ Michael Schifsky
	 	Its	CFO & Secretary
	 	 	 
	 	Date:	1/4/12
	 	 
	 	The Manager:
	 	 
	 	Xhibit Management Corp., a Nevada corporation
	 	 	 
	 	By	/s/ Michael Schifsky
	 	Its	CFO & Secretary
	 	 	 
	 	Date:	1/4/12
	 	 
	 	Hrissikopoulos
	 	 
	 	/s/ Jason Hrissikopoulos
	 	Jason Hrissikopoulos
	 	 	 
	 	Date:	1/4/12

 

    	8

    	 

    

 

Exhibit
A

to

Settlement
Agreement

 

    	 

    	 

    

 

Xhibit,
LLC

Employment
Agreement

(“Jason Hrissikopoulos”)

 

This
Employment Agreement is made effective as of this 1st day of December, 2011, (the “Effective Date”)
by and between Stacked Digital, LLC, a Nevada limited liability company, with its
offices at 80 E. Rio Salado Parkway, Suite 611, Tempe, AZ 85281 (the “Company”), and Jason
Hrissikopoulos, a married individual, whose address is 3310 E. Huber Street, Mesa, AZ 85213 (“Executive”).

 

Preliminary
Statements:

 

A.           The
Company desires to employ Executive on the terms and conditions described herein.

 

B.           Executive
desires to accept such employment on the terms and conditions described herein.

 

In consideration of
the mutual promises, terms, provisions and conditions contained in this Agreement, the parties agree as follows:

 

Agreement:

 

1.           Definitions.
For the purposes of this Agreement, the following terms have the meanings specified or referred to in this Section 1.

 

“Agreement”
means this Employment Agreement, as amended, modified or restated from time to time.

 

“Base Salary”
is defined in Section 3.1.

 

“Benefits”
is defined in Section 3.2.

 

“Bonus”
is defined in Section 3.1.

 

“Business”
is defined as the business of online digital media, advertising and social gaming.

 

“Cause”
means (a) any intentional or willful wrongdoing or gross negligence by Executive that results in, or could reasonably be expected
to result in, material harm, injury or damage to the Company or its Related Persons; (b) Executive’s willful neglect
or disregard of Executive’s duties; (c) a material violation of the Company’s policies and procedures (including, but
not limited to, engaging in sexual harassment or discrimination); (d) a breach by Executive of any of Sections 6 or 7;
(e) the misappropriation (or attempted misappropriation) of any of the Company or the Company’s Related Person’s
funds or property or funds or property belonging to the Company’s customers or clients; (f) the admitted commission
of or the conviction of or the entering of a guilty plea or plea of no contest with respect to, any misdemeanor involving dishonesty
or moral turpitude by Executive; or (g) the admitted commission of or the conviction of or the entering of a guilty plea or
plea of no contest with respect to, any felony by Executive. In the event of (b) or (c), Executive will have a one-time opportunity
to cure, if curable, within fifteen (15) days from receipt of notice from the Company, with one exception: no opportunity
to cure will be provided to Executive for violations of the Company’s anti-discrimination or anti-harassment policies. In
addition, any subsequent occurrences of Executive committing acts described in (b) or (c) above will not be subject to cure.

 

    	- 2 -

    	 

    

 

“Confidential
Information” means any and all:

 

(a)          Trade
secrets concerning the business and affairs of the Company, its Related Persons, and their respective subsidiaries, including product
specifications, data, know-how, formulae, compositions, processes, designs, sketches, photographs, graphs, drawings, samples, inventions
and ideas, past, current and planned research and development, current and planned manufacturing or distribution methods and processes,
lists of current and prospective customers, current and anticipated customer requirements, price lists, market studies, business
plans, computer software and programs (including, but not limited to, object code and source code), computer software and database
technologies, systems, structures and architectures (and related formulae, compositions, processes, improvements, devices, know-how,
inventions, discoveries, concepts, ideas, designs, methods and information), and any other information, without regard to form
and however documented, that is a trade secret within the meaning of any applicable state trade secret law (“Trade Secrets”);
and

 

(b)          Information
concerning the business and affairs of the Company and its subsidiaries (which includes historical financial statements, financial
projections and budgets, historical and projected sales, capital spending budgets and plans, the names and backgrounds of key personnel,
Executive compensation information, personnel training and techniques and materials), without regard to form and however documented,
but that does not qualify as a Trade Secret.

 

Confidential Information
does not include such information that is or becomes generally available to the public.

 

“Effective
Date” is defined in the preamble.

 

“Manager”
means the manager of the Company or its duly authorized successor.

 

“Person”
means any individual, corporation (including any non-profit corporation), general or limited partnership, limited liability company,
joint venture, estate, trust, association, organization or governmental body or any other similar entity.

 

“Proprietary
Items” is defined in Section 6.3.

 

    	- 3 -

    	 

    

 

“Related Persons”
means the Company and all of its direct or indirect subsidiaries and affiliates.

 

“Severance
Conditions” is defined in Section 5.4.

 

“Severance
Period” means a period of time beginning on the first day after the end of the Term and ending six (6) months thereafter.

 

“Severance
Package” is defined in Section 5.3.

 

“Shares”
means 6 shares of the common stock of the Manager together with any additional shares issued to Executive.

“Term”
is defined in Section 2.2.

 

“Trade Secrets”
is defined in the definition of Confidential Information.

 

“Units”
mean 1,520,189 membership units of the Company owned by Executive as of the date of this Agreement together with any additional
membership units issued to Executive.

 

2.           Employment
Terms and Duties.

 

2.1           Duties.
During his employment under this Agreement, Executive will perform the duties for the Company as may from time to time be assigned
by the Manager and agreed to by the Executive. Executive will have the title of President of Hrizzo, LLC and the President of Stacked
Digital, LLC and will perform the duties and hold the responsibilities set out in Exhibit A. Executive will report to the
Manager or otherwise as the Manager and Executive may from time to time agrees.

 

2.2           Term.
The term of the Executive’s employment (the “Term”) shall begin on December 1, 2011, and shall continue until
terminated by Manager at any time or upon the closing of the merger of XHIBIT, LLC with and into NB Acquisition Corp., whichever
first occurs; provided, however, the Term may also be terminated as set forth in Section 4 below.

 

2.3           Travel.
Executive acknowledges, understands and agrees that Executive may be required to travel regularly in furtherance of duties under
this Agreement.

 

2.4           Hours.
It is further agreed and understood that the hours which Executive is required to work will vary considerably and will sometimes
be more than forty (40) hours per week. It is understood and agreed that such work in excess of forty (40) hours per week is a
regular and normal part of Executive’s responsibilities for which Executive is compensated, and does not in any way constitute
overtime for which Executive is entitled to receive additional compensation. During the Term, excluding reasonable vacations compatible
with Executive’s position and periods of illness, injury or other disability, Executive shall give Executive’s best
efforts and devote substantially all of Executive’s business time and attention to the business interests of the Company.
Notwithstanding the foregoing, Executive shall be granted pregnancy leave for child birth and newborn care via working remotely
for a period acceptable to Executive and the Company.

 

    	- 4 -

    	 

    

 

3.          Compensation
and Benefits. During the Term, the Company shall pay to Executive, and Executive shall accept from the Company, as full
compensation for Executive’s services hereunder, compensation as set forth below and in Exhibit A.

 

3.1           Base
Salary and Bonus. During the Term, Executive will be paid the annual gross base salary set forth in Exhibit A (“Base
Salary”), less required deductions for state and federal withholding tax, social security and all other employment taxes
and payroll deductions, which will payable in equal periodic installments on a biweekly basis in accordance with the Company’s
customary payroll practices in effect from time to time.. Executive shall also be entitled to the bonus set forth in Exhibit
A which shall be payable within fifteen (15) days after the end of each calendar quarter.

 

3.2           Executive
Benefits. During the Term, Executive shall be entitled to participate in each pension, profit-sharing, other tax-qualified
plan or non-qualified plan, insurance, health, dental coverage, disability, major medical insurance or other arrangement that the
Company may adopt for the general benefit of its eligible Executives (“Benefits”) to the extent permitted by
law and to the extent Executive is otherwise entitled to participate based upon Executive’s age, service, compensation, job
classification, and any other factors determining eligibility to participate under each such plan.

 

3.3           Vacation.
Executive shall be entitled to the number of weeks of annual paid vacation leave set forth in Exhibit A. Vacation may be
taken at such time or times as the Company or Executive mutually agree. Executive may carryover any unused vacation.

 

3.4           Sick
Leave. The Executive will be granted sick leave in accordance with Company policy.

 

3.5           Expenses.
The Company shall reimburse Executive for all reasonable expenses necessarily incurred by him in connection with the performance
of Executive’s duties hereunder during the Term, upon presentation of a voucher indicating the amount, business purpose and
supported by appropriate documentation, subject, however, to the Company’s Executive reimbursement policies and procedures
relating to business related expenses as in effect from time to time.

 

4.            Termination.

 

4.1           Mutual
Agreement. During the Term, Executive’s employment with the Company may be terminated at any time by either the Company
or by Executive.

 

4.2           Death
or Disability. During the Term, this Agreement shall terminate automatically upon the death or due to a physical or mental
disability or infirmity that prevents the performance of Executive’s employment-related duties hereunder, with or without
accommodation, lasting for a period of six (6) months or longer and, within thirty (30) days after a written notice of termination
has been provided by the Company to Executive, Executive shall not have returned to the performance of Executive’s employment-related
duties on a full-time basis (a “Disability”).

 

    	- 5 -

    	 

    

 

4.3           Termination
by the Company for Cause. During the Term, Executive’s employment hereunder may be terminated for Cause.

 

5.            Compensation
Upon Termination.

 

5.1           Termination
on Account of Death or Disability, or With Cause. In the event that Executive’s employment with the Company is terminated
(i) on account of Executive’s death or disability in accordance with Section 4.2, or (ii) by the Company in accordance
with Section 4.3, Executive (or Executive’s beneficiary in the event of death) (a) shall be entitled to receive any
Base Salary, Bonuses and other vested compensation earned or accrued but not paid to Executive prior to the termination of this
Agreement, and (b) shall not be entitled to receive any compensation for any period after the termination of this Agreement, except
for the continuation of medical coverage as provided by law.

 

5.2           Other
Termination. If Executive’s employment is terminated other than for the reasons set forth
in Sections 4.2 or 4.3 above, Executive will receive Executive’s Base Salary and Bonus then in effect, prorated to
the date of termination, and accrued Benefits. In addition, Executive will receive a “Severance Package” consisting
of (i) the continued payment of Executive’s Base Salary through the end of the Severance Period; and (ii) payment of the
premiums required to continue Executive’s health and dental benefits through the end of the Severance Period; provided that
(A) Executive shall be required to elect COBRA with respect to such health and dental benefits, (B) Executive remains
eligible for such benefits, and (C) the Company’s obligation to provide health and dental benefits will terminate at
such time as Executive becomes eligible for such benefits (or their substantial equivalent) in connection with Executive’s
subsequent employment or provision of services (Executive must immediately notify the Company upon receipt of such benefits). Notwithstanding
the foregoing, Executive will be entitled to any additional COBRA coverage beyond the Severance Period to which Executive may be
legally entitled (but at Executive’s sole expense). For the sake of clarity, if Executive’s employment is terminated
with Cause, Executive will not be entitled to receive the Severance Package. 

 

5.3           Requirements
for Receiving Severance Package. Executive will only receive the Severance Package if the Executive: (i) complies with all
surviving provisions of this Agreement; (ii) executes a full general release in substantially the same form attached as Exhibit
B (which may be subject to further modifications in the future in accordance with applicable law), releasing all claims, known
or unknown, that Executive may have against the Company arising out of or any way related to Executive’s employment or termination
of employment with the Company, and such release has become effective in accordance with its terms prior to the 30th
day following the Termination Date (unless a longer consideration period is otherwise required by law), and (iii) agrees not to
make any voluntary statements, written or oral, or cause or encourage others to make any such statements that defame, disparage
or in any way criticize the personal and/or business reputations, practices or conduct of the Company (“Severance Conditions”).
If the Severance Conditions are satisfied, payment of the first installment of the Severance Package shall take place on the 30th
day following the Termination Date and continue over the Severance Period in accordance with the Company’s regular payroll
cycle. All other the Company obligations to Executive will be automatically terminated and completely extinguished

 

    	- 6 -

    	 

    

 

5.4           Units
and Shares. In the event of termination of this Agreement, as the same may be amended, extended, renewed, restated or otherwise
modified from time to time, the obligations of Executive with respect to any and all Units and/or Shares held by Executive shall
be governed by the terms and provisions of the Company’s Operating Agreement and/or Shareholders’ Agreement, respectively,
then in effect and to which Executive is a party or to which Executive has otherwise agreed to be bound.

 

5.5           Full
Discharge of Company Obligations. The amounts payable to Executive pursuant to this Section 5 following termination
of Executive’s employment with the Company shall be in full and complete satisfaction of Executive’s rights under this
Agreement together with any other claims arising under any federal, state and local labor, employment, whistleblower and/or anti-discrimination
laws, all as amended, and any action based on any alleged breach of express or implied contract, wrongful
termination, breach of the covenant of good faith and fair dealing, impairment of ability to compete in the open labor market,
fraud, fraudulent inducement, misrepresentation, breach of fiduciary duty, any tort, and any other violation of public policy or
statutory or constitutional rights Executive may have in respect of Executive’s employment by or termination of employment
from the Company. Such amounts shall constitute liquidated damages with respect to any and all such rights and claims and, upon
Executive’s receipt of such amounts, the Company shall be released and discharged from any and all liability to Executive
in connection with this Agreement or otherwise in connection with Executive’s employment with or termination of employment
from the Company. Immediately following any termination of Executive’s employment and as a condition to receiving any payment
pursuant to Section 5, Executive shall execute and deliver to the Company either (i) a full and complete release of any
and all claims of Executive against the Company for discrimination in employment under Title VII of the United States Code, the
Age Discrimination in Employment Act, and comparable state laws, or (ii) notice of any claim Executive has or may have or assert
against the Company for any such discrimination.

 

6.            Nondisclosure
Covenant.

 

6.1           Agreements
of the Company. In connection with Executive’s employment with the Company, Executive will need access to Confidential
Information necessary to perform Executive’s duties. The Company agrees and promises that, after the beginning of, and throughout
the entirety of, the Term, the Company will provide or give access to Executive such Confidential Information necessary to perform
Executive’s duties from time to time, as it exists as of the Effective Date and as the Company continues to acquire and develop
new and additional Confidential Information throughout the Term, subject to Executive accepting employment hereunder and Executive’s
continued compliance with the terms and agreements of this Agreement.

 

    	- 7 -

    	 

    

 

6.2           Acknowledgments
by Executive. Executive acknowledges that (a) during the Term and as a part of Executive’s employment, Executive
will be afforded access to Confidential Information; (b) public disclosure of such Confidential Information could have an
adverse effect on the Company, the Company’s Related Persons and their businesses; and (c) the provisions of this Section 6
are reasonable and necessary to prevent the improper use or disclosure of Confidential Information.

 

6.3           Agreements
of Executive. In consideration of the compensation and benefits to be paid or provided to Executive by the Company under this
Agreement and the promise set forth in Section 6.1, Executive covenants as follows:

 

(a)          Confidentiality.

 

(i)          During
and following the Term, Executive will hold in confidence the Confidential Information and will not disclose it to any Person except
with the specific prior written consent of the Company or except as otherwise expressly permitted by the terms of this Agreement.

 

(ii)         Any
Trade Secrets of the Company will be entitled to all of the protections and benefits under any applicable state trade secret law
and any other applicable law.

 

(iii)        Executive
will not remove from the Company’s premises (except to the extent such removal is for purposes of the performance of Executive’s
duties at home or while traveling for the business of the Company), any document, record, notebook, plan, model, component, device
or computer software or code, whether embodied in a disk or in any other form owned by the Company or any client of the Company
or the Company’s Related Persons (collectively, the “Proprietary Items”). Executive recognizes that, as
between the Company and Executive, all of the Proprietary Items, whether or not developed by Executive, are the exclusive property
of the Company. Upon termination of Executive’s employment by either party, or upon the request of the Company during the
Term, Executive will return to the Company all of the Proprietary Items in Executive’s possession or subject to Executive’s
control, and Executive will not retain any copies, abstracts, sketches or other physical embodiment of any of the Proprietary Items,
except only that Executive may retain copies of items reasonably necessary and appropriate to demonstrate Executive’s professional
and managerial recommendations and opinion; provided, however, that such Proprietary Items will be used solely for the purpose
of protecting Executive from liabilities and claims.

 

6.4           Disputes
or Controversies. Executive recognizes that should a dispute or controversy arising from or relating to this Agreement be submitted
for adjudication to any court, arbitration panel, or other third party, the preservation of the secrecy of Confidential Information
may be jeopardized. To the extent possible, all pleadings, documents, testimony and records relating to any such adjudication and
containing Confidential Information (to the extent appropriate) will be maintained in secrecy and will be available for inspection
by the Company, Executive and their respective attorneys and experts, who will agree, in advance and in writing, to receive and
maintain all such information in secrecy, except as may be limited by them in writing.

 

    	- 8 -

    	 

    

 

7.            Noninterference
Covenant.

 

7.1          Acknowledgments
by Executive. Executive acknowledges that: (a) the services to be performed by Executive under this Agreement are of a
special, unique, unusual, extraordinary and intellectual character; (b) in Executive’s capacity as a senior Executive of
the Company, Executive will have detailed knowledge and understanding of all aspects of the Company’s business and operations,
including its customer base, supplier base, product development and business plans and target markets; (c) for purposes of this
Agreement the term “Covered Customer/Supplier” shall mean any Person who was a customer/supplier or prospective
customer/supplier of the Company (or its predecessors in interest) or the Business during the last twelve (12) months of Executive’s
Term and who Executive (i) received or accessed Confidential Information about, (ii) had contact with, or (iii) supervised others
who had contact with; and (d) the provisions of this Section 6 are reasonable and necessary to protect the Company’s
businesses.

 

7.2          Covenants
of Executive. In consideration of the Company providing Executive with Confidential Information at the inception of, and throughout,
the Term, and for other valuable consideration, Executive covenants that Executive will not, directly or indirectly:

 

(a)          Whether
for Executive’s own account or the account of any other Person, at any time during the Term and for a period of one year
following the end of the Term (the “Post Term”), hire or otherwise compensate or solicit or in any manner induce,
assist or attempt to induce or assist any Executive of the Company or the Company’s Related Persons to terminate his/her
employment with the Company or the Company’s Related Person.

 

(b)          Whether
for Executive’s own account or for the account of any other Person, at any time during the Term and the Post-Term, solicit
any Covered Customer/Supplier, for the purpose of marketing or selling a product or service competitive, either directly or indirectly
in any way, with any product or service of the Company or encourage or induce any Covered Customer/Supplier to stop, modify or
reduce business done with the Company.

 

7.3           Reformation.
The parties agree that in the event any of the covenants contained in this Section 7 are held by any court to be overbroad
in its duration or scope, then the court shall have the authority to reform the covenant to the minimum extent necessary to make
the covenant enforceable.

 

    	- 9 -

    	 

    

 

7.4           Tolling.
If Executive violates any of the restrictions contained in this Section 7, the period during which such provision is
applicable shall be extended for such time that Executive remains in violation of the restriction.

 

8.            Intellectual
Property.

 

8.1           Ownership
by Company. Executive recognizes and agrees that all ideas, inventions, designs, processes, discoveries, enhancements, plans,
writings, and other developments or improvements (the “Inventions”) conceived by Executive, alone or with others, during
the term of Executive’s employment, whether or not during working hours, that are within the scope of the Company’s
business operations or that relate to any of the Company’s work or projects (including any and all inventions based wholly
or in part upon ideas conceived during Executive’s employment with the Company), are the sole and exclusive property of the
Company.

 

8.2           Assignment.
Executive further agrees that (i) Executive will promptly disclose all Inventions to the Company and hereby assigns to the Company
all present and future rights Executive has or may have in those Inventions, including without limitation those relating to patent,
copyright, trademark, trade secrets or other intellectual property; and (ii) all of the Inventions eligible under the copyright
laws are “work made for hire.”

 

8.3           Transfer
of Rights. At the request of and without charge to the Company, Executive will do all things deemed by the Company to be reasonably
necessary to perfect title to the Inventions in the Company and to assist in obtaining for the Company such patents, copyrights
or other protection as may be provided under law and desired by the Company, including but not limited to executing and signing
any and all relevant applications, assignments or other instruments. If Executive refuses or fails to perform such acts or execute
such instruments within fifteen (15) days of such request, the Company may do so as Executive’s attorney-in-fact for such
purpose. The transfer of rights in this Section 8 will not be subject to termination or revocation under any circumstances.

 

8.4           Existing
Intellectual Property. Notwithstanding the foregoing, the provisions of this Section 8 shall not apply to any Inventions
for which no equipment, supplies, facilities, or trade secret information of the Company was used and which was developed entirely
on the Executive’s own time, unless (i) the Invention relates (A) directly to the business of the Company, or (B) to the
Company’s actual or demonstrably anticipated research or development, or (ii) the Invention results from any work performed
by the Executive for the Company. Executive hereby lists below all to patents, copyrights, trademarks and other intellectual property
Executive wishes to claim as existing prior to the date of this Agreement: 

 

 

 

 

  

    	- 10 -

    	 

    

 

9.            General
Provisions.

 

9.1           Injunctive
Relief and Additional Remedy. Executive acknowledges that the injury that would be suffered by the Company or the Company’s
Related Persons as a result of a breach of Sections 6 or 7 would be irreparable and that an award of monetary damages to
the Company or any of the Company’s Related Persons for such a breach would be an inadequate remedy. Consequently, the Company
will have the right, in addition to any other rights it may have, to obtain injunctive relief to restrain any breach or threatened
breach or otherwise to specifically enforce any such provision of this Agreement.

 

9.2           Covenants
of Sections 6 and 7 are Essential Covenants. The covenants by Executive in Sections 6 and 7 are essential
elements of this Agreement, and without Executive’s agreement to comply with such covenants, the Company or the Company’s
Related Person would not have entered into this Agreement or employed Executive and would not have disclosed to Executive any of
the Confidential Information. Executive has independently consulted with his own counsel and has been advised in all respects concerning
the reasonableness and propriety of such covenants, with specific regard to the nature of the business conducted by the Company
or the Company’s Related Persons. Executive’s covenants in Sections 6 and 7 of this Agreement are essential
covenants and the assertion of any claim by Executive against the Company or the Company’s Related Person under this Agreement
or otherwise, will not excuse Executive’s breach of any covenant in Sections 6 and 7 of this Agreement. Except
as otherwise set forth in this Agreement, if Executive’s employment hereunder expires or is terminated for any reason, this
Agreement will continue in full force and effect as is necessary or appropriate to enforce the covenants and agreements of Executive
in Sections 6 and 7 of this Agreement.

 

9.3           Representations
and Warranties by Executive.

 

(a)          Executive
represents and warrants to the Company that the execution and delivery by Executive of this Agreement does not, and the performance
by Executive of Executive’s obligations hereunder will not, with or without the giving of notice or the passage of time,
or both: (i) violate any judgment, writ, injunction or order of any court, arbitrator or governmental agency applicable to
Executive; or (ii) conflict with, result in the breach of any provisions of or the termination of, or constitute a default
under, any agreement to which Executive is a party or by which Executive is or may be bound.

 

(b)          Executive
represents and warrants to the Company that Executive is not subject to a non-compete, non-solicit or similar obligation with a
former employer or other Person that will affect the performance of Executive’s duties with the Company.

 

9.4           Obligations
Contingent on Performance. It is specifically understood that in the event Executive breaches the covenants in Sections 6
and 7 of this Agreement, Executive will return any payments (including those for continued benefits), if any, made to or for
the benefit of Executive during the Severance Period and the Company will be under no further obligation to make further payments,
if any, to Executive during such Severance Period.

 

    	- 11 -

    	 

    

 

9.5           Waiver.
The rights and remedies of the parties to this Agreement are cumulative and not alternative. Neither the failure nor any delay
by either party in exercising any right, power, or privilege under this Agreement will operate as a waiver of such right, power
or privilege and no single or partial exercise of any such right, power or privilege will preclude any other or further exercise
of such right, power or privilege or the exercise of any other right, power or privilege. To the maximum extent permitted by applicable
law, (a) no claim or right arising out of this Agreement can be satisfied by one party, in whole or in part, by a waiver or
renunciation of the claim or right unless in writing signed by the other party; (b) no waiver that may be given by a party
will be applicable except in the specific instance for which it is given; and (c) no notice to or demand on one party will
be deemed to be a waiver of any obligation of such party or of the right of the party giving such notice or demand to take further
action without notice or demand as provided in this Agreement.

 

9.6           Binding
Effect; Assignment; Delegation of Duties Prohibited. This Agreement will inure to the benefit of, and will be binding upon,
solely the parties hereto. This Agreement is expressly assignable by the Company without the consent of Executive in connection
with any such transaction and may be assigned in the future by the Company to a Related Person. The duties and covenants of Executive
under this Agreement, being personal, may not be assigned or delegated.

 

9.7           Notices.
All notices, consents, waivers and other communications under this Agreement must be in writing and will be deemed to have been
duly given when (a) delivered by hand (with written confirmation of receipt); or (b) when received by the addressee,
if sent by a nationally recognized overnight delivery service (receipt requested), in each case to the appropriate addresses set
forth above (or to such other addresses as a party may designate from time to time by notice to the other parties).

 

9.8           Entire
Agreement; Amendments. This Agreement together with the Settlement Agreement of even date herewith contain the entire agreement
between the parties with respect to the subject matter hereof and supersedes all prior agreements and understandings, oral or written,
between the parties hereto with respect to the subject matter hereof. This Agreement may not be amended orally, but only by an
agreement in writing signed by the parties hereto.

 

9.9           Governing
Law. This Agreement will be governed by, and construed in accordance with, the laws of the State of Arizona, without regard
to conflicts of laws principles.

 

9.10         Attorneys’
Fees. In the event of any dispute relating to this Agreement, the successful party in any litigation or arbitration shall be
entitled to recover its reasonable attorney’s fees or other costs incurred from the other party hereto.

 

9.11         Section
Headings, Construction. The headings of Sections in this Agreement are provided for convenience only and will not affect its
construction or interpretation. All references to “Section” or “Sections” refer to the corresponding Section
or Sections of this Agreement unless otherwise specified. All words used in this Agreement will be construed to be of such gender
or number as the circumstances require. Unless otherwise expressly provided, the word “including” (or “included”
or “includes”) will be deemed to be followed by the phrase “without limitation.”

 

    	- 12 -

    	 

    

 

9.12         Severability.
If a court of law holds any provision of this Agreement to be illegal, invalid or unenforceable, (a) that provision will be
deemed amended to provide the Company the maximum protection permitted by applicable law and (b) the legality, validity and
enforceability of the remaining provisions of this Agreement will not be affected.

 

9.13         Counterparts.
This Agreement may be executed in one or more counterparts (including by facsimile or portable document format (pdf.)) for the
convenience of the parties hereto, each of which will be deemed an original, but all of which together will constitute one and
the same instrument.

 

(Signatures begin on next page)

 

    	- 13 -

    	 

    

 

IN WITNESS WHEREOF,
the parties hereto have executed and delivered this Agreement effective as of the Effective Date.

 

	 	Stacked Digital, LLC
	 	 
	 	By:	/s/ Michael Schifsky
	 	Name:	Michael J. Schifsky
	 	Title:	CFO
	 	 
	 	/s/ Jason Hrissikopoulos 01-04-2012
	 	Jason Hrissikopoulos

 

    	 

    	 

    

 

Exhibit A

to

Employment
Agreement

(“Jason Hrissikopoulos”)

 

Title: 
President of Hrizzo, LLC and the President of Stacked Digital, LLC

 

Responsibilities:

 

Base Salary:
Three hundred thousand dollars ($300,000) per year.

 

Stock Incentive Plan: Executive
will be eligible to participate in an Equity Incentive Plan once established/created in conjunction with completion of the Company’s
proposed merger with a public shell company.

 

Performance Bonus: Executive will
be eligible to earn a quarterly cash performance bonus equal to 12% of Company’s quarterly operating income in excess of
$100,000. By way of example, if the Company receives quarterly operating income of $300,000, Executive shall earn a bonus of $36,000
(.12 x 200,000 = $24,000). If less than $100,000 shall be earned by the Company in a quarter, no Bonus shall be payable to Executive.

 

Employment Location: Executive agrees
that to effectively fulfill the duties set for in this Agreement, Executive will be required to work out of the Company’s
Tempe corporate headquarter office location on a regular basis.

 

Vacation: Executive shall be entitled to four
(4) weeks' paid holiday during each twelve (12) month period of the Term.

 

    	 

    	 

    

  

Exhibit
B

to

Employment
Agreement

 

Release

 

You further specifically agree by your
signature on this Agreement that you fully release the Employer and its Affiliates from any claims arising from your employment
with the Employer or otherwise (except for claims that arise under this Agreement) and that your release shall be construed as
broadly as possible and shall include without limitation any (1) contractual or other claims of employment or payment you may have,
if any; (2) claims, if any, arising out of or in connection with the initiation, termination, or existence of your employment relationship
with the Employer or any services performed on behalf of the Employer or its Related Persons; (3) claims, if any, regarding accrued
leave, vacations, bonuses, commissions, profit participation, or any other form of benefits attributable to your employment with
the Employer; and (4) claims, if any, arising under the Civil Rights Acts of 1964 and 1991, the Age Discrimination in Employment
Act, the Americans with Disabilities Act, the Fair Labor Standards Act, the National Labor Relations Act, as amended, Sections
1981 through 1988 of Title 42 of the United States Code, as amended, the Employee Retirement Income Security Act of 1974, as amended,
the Immigration Reform and Control Act, as amended, the Occupational Safety and Health Act, as amended, the Family and Medical
Leave Act of 1993, any state workers' compensation laws, any state wage and hour laws, any other federal or state statute or regulation,
and any allegation for costs, fees or other expenses including attorneys' fees incurred. You represent that you have not assigned
to any other person any of the foregoing claims and that you have the full right to grant this release. Notwithstanding the foregoing,
this general release is not intended to bar any claims that, by statute, may not be waived, such as claims for any challenge to
the validity of your release of claims under the Age Discrimination in Employment Act of 1967, as amended, as set forth in this
Agreement.

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