Document:

Exhibit 10.1

 

	
 
    	
Grant   No.:
    

 

ROYAL GOLD, INC.

2004 OMNIBUS LONG-TERM INCENTIVE PLAN

 

RESTRICTED STOCK AGREEMENT

 

Royal Gold, Inc., a Delaware corporation (the “Company”), hereby grants shares of its common stock, $.01 par value, (the “Stock”) to the Grantee named below, subject to the restrictions and vesting conditions set forth in the attachment.  Additional terms and conditions of the grant are set forth in this cover sheet, in the attachment and in the Company’s 2004 Omnibus Long-Term Incentive Plan (the “Plan”).

 

Grant Date:

 

Name of Grantee:

 

Grantee’s Social Security Number:

 

Number of Shares of Stock Covered by Grant:

 

Purchase Price per Share of Stock:  Par value, paid by services previously rendered

 

By signing this cover sheet, you agree to all of the terms and conditions described in the attached Agreement and in the Plan, a copy of which is also available upon request to the Corporate Secretary.  You acknowledge that you have carefully reviewed the Plan, and agree that the Plan will control in the event any provision of this Agreement should appear to be inconsistent.

 

	
Grantee:
    	
 
    
	
 
    	
(Signature)
    
	
 
    	
 
    
	
Company:
    	
 
    
	
 
    	
(Signature)
    
	
 
    	
 
    
	
Title:
    	
President   and Chief Executive Officer
    

 

Attachment

 

This is not a stock certificate or a negotiable instrument.

 

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ROYAL GOLD, INC.

2004 OMNIBUS LONG-TERM INCENTIVE PLAN

 

RESTRICTED STOCK AGREEMENT

 

	
Restricted   Stock/Nontransferability
    	
 
    	
This   grant is an award of restricted Stock (“Restricted Stock”) in the number of   shares set forth on the cover sheet. The per share purchase price of par   value has been satisfied by your prior service to the Company. The grant is   subject to the vesting conditions described below. To the extent not yet   vested, your Restricted Stock may not be transferred, assigned, pledged or   hypothecated, whether by operation of law or otherwise, nor may the   Restricted Stock be made subject to execution, attachment or similar process.
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
The   Company will issue your Restricted Stock in your name as of the Grant Date.
    
	
 
    	
 
    	
 
    
	
Issuance   and Vesting
    	
 
    	
Your   right to the Stock under this Restricted Stock grant vests as to one-third of   the total number of shares covered by this grant, as shown on the cover   sheet, on each of the third, fourth and fifth anniversaries of the Grant Date   (each a “Vesting Date”), provided you then continue in Service. If, however,   such Vesting Date occurs during a period in which you are (i) subject to   a lock-up agreement restricting your ability to sell shares of Stock in the   open market or (ii) restricted from selling shares of Stock in the open   market because you are not then eligible to sell under the Company’s insider   trading or similar plan as then in effect (whether because a trading window   is not open or you are otherwise restricted from trading), vesting in such   shares of Stock will be delayed until the earlier of (A) the first date   on which you are no longer prohibited from selling shares of Stock due to a   lock-up agreement or insider trading or similar plan restriction applicable   to you or (B) either the date of your involuntary termination of your   Service by the Company or a Subsidiary, your death or your disability (the   earlier of the dates in clause (A) and (B) shall be the “Deferred   Vesting Date”), and provided, further, that you have been continuously in   Service to the Company or a Subsidiary from the Grant Date until the Deferred   Vesting Date.
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
If   the Deferred Vesting Date is determined pursuant to clause (B) above,   you are prohibited from selling shares of Stock due to a lock-up agreement or   insider trading or similar plan restriction applicable to you on the Deferred   Vesting Date and you meet the continuous Service requirements, then, to the   extent legally permitted under the General Corporation Law of the State of
    

 

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Delaware   and other applicable law, you may elect to satisfy any obligations to pay any   Federal, state, or local taxes of any kind required by law to be withheld   with respect to the vesting of or other lapse of restrictions applicable to   such an Award, in whole or in part, (x) by causing the Company or its   Affiliate to withhold shares of Stock otherwise issuable to you or (y) by   delivering to the Company or its Affiliate shares of Stock already owned by   you. The shares of Stock so delivered or withheld shall have an aggregate   Fair Market Value equal to such withholding obligations. In no case shall the   shares withheld or delivered exceed the minimum required Federal, state, and   FICA statutory withholding rates. The Fair Market Value of the shares of   Stock used to satisfy such withholding obligation shall be determined by the   Company or its Affiliate as of the date that the amount of tax to be withheld   is to be determined. If you make an election pursuant to the forgoing   sentence, you may satisfy your withholding obligation only with shares of   Stock that are not subject to any repurchase, forfeiture, unfulfilled   vesting, or other similar requirements.
    
	
 
    	
 
    	
 
    
	
Termination   after Long-Term Service
    	
 
    	
Notwithstanding   the foregoing vesting schedule, if you incur a termination of Service, other   than for “Cause” (as defined in the Employment Agreement”), at any time after   you have provided fifteen (15) years of Service to the Company, you shall be   one hundred percent (100%) vested in the Restricted Stock as of the date of   such termination of Service.
    
	
 
    	
 
    	
 
    
	
Termination   without Cause, Good Reason or Non-Renewal of Employment Agreement; Change of   Control
    	
 
    	
Notwithstanding   the foregoing vesting schedule, if (i)  the Company terminates your   Service or your Employment Agreement without “Cause” (as defined in your   Employment Agreement) during the term of your Employment Agreement,   (ii) you terminate your Service or your Employment Agreement for “Good   Reason” (as defined in your Employment Agreement) during the term of your   Employment Agreement, or (iii) your Service is terminated upon the   Company’s election not to renew the term for one of the four successive   one-year renewal terms pursuant to Section 2 of your Employment Agreement,   and any such termination does not occur within two (2) years after the   occurrence of a “Change of Control” (as defined in your Employment   Agreement), then, you will be vested as of the date of your termination in a   prorated portion of shares of Restricted Stock subject to this Agreement   calculated by dividing (x) the number of days that you have remained in   the Service of the Company between the Grant Date and the termination date,   by (y) the number of days required for you to fully vest in this grant   of Restricted Stock as set forth in the
    

 

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section   entitled “Issuance and Vesting” above. The resulting aggregate number of   vested shares will be rounded to the nearest whole number, and you cannot   vest in more than the number of shares covered by this grant.
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
If   (i) the Company terminates your Service or your Employment Agreement   without “Cause” (as defined in your Employment Agreement) during the term of   your Employment Agreement, (ii) you terminate your Service or your   Employment Agreement for “Good Reason” (as defined in your Employment   Agreement) during the term of your Employment Agreement, or (iii) your   Service is terminated upon the Company’s election not to renew the term for   one of the four successive one-year renewal terms pursuant to Section 2   of your Employment Agreement, and any such termination occurs within two   (2) years after the occurrence of a “Change of Control” (as defined in   your Employment Agreement), then, you will be one hundred percent (100%)   vested in the Restricted Stock subject to this Agreement as of the date of   your termination.
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
As   used herein, the term “Employment Agreement” shall mean that certain   Employment Agreement between you and the Company dated                   ,   as the same may be amended after the date hereof.
    
	
 
    	
 
    	
 
    
	
Forfeiture   of Unvested Stock
    	
 
    	
In   the event that your Service terminates for any reason, except as provided   above in the section entitled “Termination without Cause, Good Reason or   Non-Renewal of Employment Agreement; Change of Control,” you will forfeit all   of the shares of Restricted Stock that have not yet vested.
    
	
 
    	
 
    	
 
    
	
Escrow
    	
 
    	
The   certificates for the Restricted Stock shall be deposited in escrow with the   Secretary of the Company to be held in accordance with the provisions of this   paragraph. Each deposited certificate shall be accompanied by a duly executed   Assignment Separate from Certificate in the form attached hereto as Exhibit A.   The deposited certificates shall remain in escrow until such time or times as   the certificates are to be released or otherwise surrendered for cancellation   as discussed below. Upon delivery of the certificates to the Company, you   shall be issued an instrument of deposit acknowledging the number of shares   of Restricted Stock delivered in escrow to the Secretary of the Company.
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
All   regular cash dividends on the Restricted Stock (or other securities at the   time held in escrow) shall be paid directly to you and shall not be held in   escrow. However, in the event of any
    

 

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stock   dividend, stock split, recapitalization or other change affecting the   Company’s outstanding common stock as a class effected without receipt of   consideration or in the event of a stock split, a stock dividend or a similar   change in the Company Stock, any new, substituted or additional securities or   other property which is by reason of such transaction distributed with   respect to the Restricted Stock shall be immediately delivered to the   Secretary of the Company to be held in escrow hereunder, but only to the   extent the Restricted Stock is at the time subject to the escrow requirements   hereof.
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
The   shares of Restricted Stock held in escrow hereunder shall be subject to the   following terms and conditions relating to their release from escrow or their   surrender to the Company for repurchase and cancellation:
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
·         As your   interest in the shares vests as described above, the certificates for such   vested shares shall be released from escrow and delivered to you, at your   request, within thirty (30) days following each vesting date.
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
·         Upon   termination of your Service, any escrowed shares in which you are at the time   vested shall be promptly released from escrow.
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
·         Should the   Company exercise its rights to cause a forfeiture with respect to any   unvested shares (as described below in the section entitled “Forfeiture of   Rights”) held at the time in escrow hereunder, then the escrowed certificates   for such unvested shares shall be surrendered to the Company for   cancellation, and you shall have no further rights with respect to such   shares of Restricted Stock.
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
·         Should the   Company elect not to exercise its right to cause a forfeiture with respect to   any shares (as described below in the section entitled “Forfeiture of   Rights”) held at the time in escrow hereunder, then the escrowed certificates   for such shares shall be surrendered to you.
    
	
 
    	
 
    	
 
    
	
Withholding   Taxes
    	
 
    	
You   agree, as a condition of this grant, that you will make acceptable   arrangements to pay any withholding or other taxes that may be due as a   result of the vesting of Restricted Stock acquired under this grant. In the   event that the Company determines that any federal, state, local or foreign   tax or withholding payment is required relating to the vesting of shares   arising from this grant, the Company shall have the right to:   (i) require such payments from
    

 

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you;   (ii) withhold such amounts from other payments due to you from the   Company or any Affiliate; or (iii) cause an immediate forfeiture of   shares of Restricted Stock granted pursuant to this Agreement in an amount   equal to the withholding or other taxes due.
    
	
 
    	
 
    	
 
    
	
Section 83(b)   Election
    	
 
    	
Under   Section 83 of the Internal Revenue Code of 1986, as amended (the   “Code”), the difference between the purchase price paid for the shares of   Restricted Stock and their fair market value on the date any forfeiture restrictions   applicable to such shares lapse will be reportable as ordinary income at that   time. For this purpose, “forfeiture restrictions” include the Company’s   Repurchase Right  or forfeiture as to unvested   Restricted Stock described above. You may elect to be taxed at the time the   shares are acquired, rather than when such shares cease to be subject to such   forfeiture restrictions, by filing an election under   Section 83(b) of the Code with the Internal Revenue Service within   thirty (30) days after the Grant Date. You will have to make a tax payment to   the extent the purchase price is less than the fair market value of the   shares on the Grant Date. No tax payment will have to be made to the extent   the purchase price is at least equal to the fair market value of the shares   on the Grant Date. The form for making this election is attached as Exhibit B   hereto. Failure to make this filing within the thirty (30) day period will   result in the recognition of ordinary income by you (in the event the fair   market value of the shares as of the vesting date exceeds the purchase price)   as the forfeiture restrictions lapse.
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
YOU   ACKNOWLEDGE THAT IT IS YOUR SOLE RESPONSIBILITY, AND NOT THE COMPANY’S, TO   FILE A TIMELY ELECTION UNDER SECTION 83(b), EVEN IF YOU REQUEST THE   COMPANY OR ITS REPRESENTATIVES TO MAKE THIS FILING ON YOUR BEHALF. YOU ARE   RELYING SOLELY ON YOUR OWN ADVISORS WITH RESPECT TO THE DECISION AS TO   WHETHER OR NOT TO FILE ANY 83(b) ELECTION.
    
	
 
    	
 
    	
 
    
	
Retention   Rights
    	
 
    	
This   Agreement does not give you the right to be retained by the Company (or any   Parent, Subsidiaries or Affiliates) in any capacity. The Company (and any   Parent, Subsidiaries or Affiliates) reserves the right to terminate your   Service at any time and for any reason.
    
	
 
    	
 
    	
 
    
	
Shareholder   Rights
    	
 
    	
You   have the right to vote the Restricted Stock and to receive any dividends   declared or paid on such stock. Any distributions you receive as a result of   any stock split, stock dividend, combination
    

 

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of   shares or other similar transaction shall be deemed to be a part of the   Restricted Stock and subject to the same conditions and restrictions   applicable thereto. The Company may in its sole discretion require any   dividends paid on the Restricted Stock to be reinvested in shares of Stock,   which the Company may in its sole discretion deem to be a part of the shares   of Restricted Stock and subject to the same conditions and restrictions   applicable thereto. Except as described in the Plan, no adjustments are made   for dividends or other rights if the applicable record date occurs before   your stock certificate is issued.
    
	
 
    	
 
    	
 
    
	
Forfeiture   of Rights
    	
 
    	
If   you should take actions in competition with the Company, the Company shall   have the right to cause a forfeiture of your unvested Restricted Stock, and   with respect to those shares of Restricted Stock vesting during the period   commencing twelve (12) months prior to your termination of Service with the   Company due to taking actions in competition with the Company, the right to   cause a forfeiture of those vested shares of Restricted Stock.
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
Unless   otherwise specified in an employment or other agreement between the Company   and you, you take actions in competition with the Company if you directly or   indirectly, own, manage, operate, join or control, or participate in the   ownership, management, operation or control of, or are a proprietor,   director, officer, stockholder, member, partner or an employee or agent of,   or a consultant to any business, firm, corporation, partnership or other   entity that is in the business of acquiring or investing in precious metal   royalties. Under the prior sentence, ownership of less than 1% of the   securities of a public company shall not be treated as an action in   competition with the Company.
    
	
 
    	
 
    	
 
    
	
Adjustments
    	
 
    	
In   the event of a stock split, a stock dividend or a similar change in the   Company Stock, the number of shares covered by this grant may be adjusted   (and rounded down to the nearest whole number) pursuant to the Plan.
    
	
 
    	
 
    	
 
    
	
Legends
    	
 
    	
All   certificates representing the Restricted Stock issued in connection with this   grant shall, where applicable, have endorsed thereon the following legends:
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
“THE   SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO CERTAIN RESTRICTIONS ON   TRANSFER AND OPTIONS TO PURCHASE SUCH SHARES SET FORTH IN AN AGREEMENT   BETWEEN THE COMPANY AND THE REGISTERED HOLDER, OR HIS OR HER PREDECESSOR IN   INTEREST. A COPY OF SUCH AGREEMENT IS ON FILE AT THE PRINCIPAL OFFICE OF THE   COMPANY AND WILL BE
    

 

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FURNISHED   UPON WRITTEN REQUEST TO THE SECRETARY OF THE COMPANY BY THE HOLDER OF RECORD   OF THE SHARES REPRESENTED BY THIS CERTIFICATE.”
    
	
 
    	
 
    	
 
    
	
Applicable   Law
    	
 
    	
This   Agreement will be interpreted and enforced under the laws of the State of   Delaware, other than any conflicts or choice of law rule or principle   that might otherwise refer construction or interpretation of this Agreement   to the substantive law of another jurisdiction.
    
	
 
    	
 
    	
 
    
	
The   Plan
    	
 
    	
The   text of the Plan is incorporated in this Agreement by reference. Certain   capitalized terms used in this Agreement are defined in the Plan, and have   the meaning set forth in the Plan.
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
This   Agreement and the Plan constitute the entire understanding between you and   the Company regarding this grant of Restricted Stock. Any prior agreements,   commitments or negotiations concerning this grant are superseded.
    
	
 
    	
 
    	
 
    
	
Other   Agreements
    	
 
    	
You   agree, as a condition of this grant of Restricted Stock, that you will   execute such document(s) as necessary to become a party to any   shareholder agreement or voting trust as the Company may require.
    
	
 
    	
 
    	
 
    
	
Holding   Period
    	
 
    	
You   are required to hold fifty percent (50%) of the Stock (such 50% to be   determined without regard to any shares of Restricted Stock used to satisfy   any tax withholding obligations as a result of this Restricted Stock grant)   acquired pursuant to this Restricted Stock grant until the number of shares   of Common Stock owned by you equals                     .
    
	
 
    	
 
    	
 
    
	
By   signing the cover sheet of this Agreement, you acknowledge that you have   received, read and understand the Plan and this Agreement, and agree to abide   by and be bound by their terms and conditions.
    

 

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EXHIBIT A

 

ASSIGNMENT SEPARATE FROM CERTIFICATE

 

FOR VALUE RECEIVED,                           hereby sells, assigns and transfers unto Royal Gold, Inc., a Delaware corporation (the “Company”),                          (                    ) shares of common stock of the Company represented by Certificate No.        herewith and does hereby irrevocable constitute and appoint                              the Corporate Secretary to transfer the said stock on the books of the Company with full power of substitution in the premises.

 

Dated:                        , 20  

 

	
 
    	
 
    
	
 
    	
Print Name
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Signature
    

 

 

Spouse Consent (if applicable)

 

(Purchaser’s spouse) indicates by the execution of this Assignment his or her consent to be bound by the terms herein as to his or her interests, whether as community property or otherwise, if any, in the shares of common stock of the Company.

 

	
 
    	
 
    
	
 
    	
Signature
    

 

 

INSTRUCTIONS:  PLEASE DO NOT FILL IN ANY BLANKS OTHER THAN THE SIGNATURE LINE.  THE PURPOSE OF THIS ASSIGNMENT IS TO ENABLE THE COMPANY TO EXERCISE ITS “REPURCHASE OPTION” SET FORTH IN THE AGREEMENT WITHOUT REQUIRING ADDITIONAL SIGNATURES ON THE PART OF PURCHASER.

 

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EXHIBIT B

 

ELECTION UNDER SECTION 83(b) OF
 THE INTERNAL REVENUE CODE

 

The undersigned hereby makes an election pursuant to Section 83(b) of the Internal Revenue Code with respect to the property described below and supplies the following information in accordance with the regulations promulgated thereunder:

 

The name, address and social security number of the undersigned:

 

	
Name:
    
	
 
    
	
Address:
    
	
 
    
	
 
    
	
Social   Security No. :
    

 

2.                                      Description of property with respect to which the election is being made:

 

shares of common stock, par value $.01 per share, Royal Gold, Inc., a Delaware corporation, (the “Company”).

 

3.                                      The date on which the property was transferred is                              , 20    .

 

4.                                      The taxable year to which this election relates is calendar year 20    .

 

5.                                      Nature of restrictions to which the property is subject:

 

The shares of stock are subject to the provisions of a Restricted Stock Agreement between the undersigned and the Company.  The shares of stock are subject to forfeiture under the terms of the Agreement.

 

6.                                      The fair market value of the property at the time of transfer (determined without regard to any lapse restriction) was $                     per share, for a total of $                    .

 

7.                                      The amount paid by taxpayer for the property was $                    .

 

8.                                      A copy of this statement has been furnished to the Company.

 

Dated:                            , 20  

 

	
 
    	
 
    
	
 
    	
Taxpayer’s   Signature
    
	
 
    	
 
    
	
 
    	
Taxpayer’s   Printed Name
    

 

10Exhibit 10.1

 

AGREEMENT FOR PURCHASE AND SALE

 

This Agreement (the “Agreement”)
is made as of May 10, 2012 (the “Effective Date”) by and between Mr. Tom Kjaer, holder of Danish Passport No. 203638282,
P.O. Box 282303, Dubai, United Arab Emirates, (the “Seller”) and Crown Group Investments Limited, P.O. Box 17099, Jebel
Ali Freezone, Dubai, United Arab Emirates, (the “Buyer”).

 

For and in consideration of the purchase
price defined under Article II below, the premises and the mutual covenants and obligations created hereby, as well as other good
and valuable considerations, Buyer agrees to buy and Seller agrees to sell the following described property, subject to and upon
the terms and conditions set forth below.

 

ARTICLE I

PROPERTY

 

The real property which is the subject
of this Agreement is described in Exhibit A attached hereto and made a part hereof (the “Property”). Exhibit A, as
well as all other exhibits and schedules hereinafter mentioned, shall have the same force and effect as though the contents of
such exhibit were set forth herein.

 

ARTICLE II

PURCHASE PRICE; PAYMENT

 

The net selling price for the Property
is AED 21,420,000 to owner plus AED 428,400 fee to the Dubai Land Department (the “Land Department”).The Buyer
shall upon Seller’s request pay AED 428,400 directly to the Land Department.

 

ARTICLE
III

TERMS
AND CONDITIONS

 

In consideration of the details above,
the Seller and the Buyer hereby further agree as follows:

 

		1)	The Buyer desires to reserve the Property for a period (the “Reservation Period”),
starting from the Effective Date and expiring on September 30, 2012. The Seller agrees to hold the Property, and undertakes not
to sell, reserve, rent, market, encumber in any manner or donate the Property to any other third party, during the Reservation
Period. In addition the Seller will not increase the agreed sale price.

 

		2)	The following conditions must be met before the Certificate is delivered to the Seller:

 

		(a)	Seller must convey the property by general warranty deed in form and substance acceptable to the
Buyer, subject only to Land Department fee in the year of closing;

		(b)	The Seller is not in breach of any representations and covenants contained in this Agreement.

 

    	1

    	 

    

  

Exhibit 10.1 

 

		3)	As of the Effective Date and as of the closing of the purchase of the Property, the Seller represents
to the Buyer that:

 

		(a)	he holds the entire ownership interest in the Property and all rights appurtenant thereto, and
neither the signature of, nor the approval in any manner by, a third party is required to convey any of such interest and rights;

		(b)	no consent, approval or other authorization of, or registration, declaration or filing with, any
court or governmental agency or commission (except as specified in Section III 12) below) is required for the due execution, delivery
and performance of this Agreement by the Seller or for the validity or enforceability thereof against the Seller.

		(c)	there are no claims, encumbrances, taxes, assessments, liens or potential lienors known to the
best of the Seller’s knowledge which are not disclosed;

		(d)	there is no pending or threatened litigation involving the Seller with respect to the Property;

		(e)	there are no uncured notices, suits, orders, decrees or judgments relative to violations of: (1)
any easement, restrictive covenant or other matter of record affecting the Property or any part thereof, or (2) any laws, statutes,
ordinances, codes, regulations, rules, orders or other requirements of any governmental authority;

		(f)	there are no agreements, understandings or arrangements between the Seller and any third party
relating to the granting of any rights whatsoever to the Property;

		(g)	the Property has adequate, direct, indefeasible legal and practical access of record for ingress
from and egress to and from a public right of way sufficient for Buyer’s intended use of the Property;

		(h)	all documents and information provided by Seller to Buyer with respect to the Property, including,
without limitation, all available plans and surveys, engineering reports, recorded title documents, title abstracts and title insurance
policies, soil tests, service contracts, site assessments, permits and approvals are true and correct and there is no material
information relative to the Property that has not been disclosed to the Buyer by the Seller, and

		(i)	the Property is free of all hazardous wastes or substances and the Property has been operated and
maintained in compliance with all applicable environmental laws and regulations.

 

		4)	Indemnity. Seller shall indemnify and hold the Buyer harmless from and against, and reimburse Buyer
with respect to any and all claims, demands, causes of action, losses, damages, liabilities, costs and expenses (including attorneys’
fees and court costs) asserted against or incurred by Buyer by reason of or arising from (i) a breach of any representation or
warranty of Seller as set forth in this Agreement; (ii) the failure of Seller to perform any obligation required by this Agreement
to be performed by it; and (iii) the ownership, maintenance and operation of the Property prior to the closing. This provision
shall survive the closing without time limitation.

 

		5)	Both, the Buyer and the Seller, subject to completing satisfactory due diligence as deemed necessary
by the Seller and/or the Buyer and subject to transfer confirmations from the Land Department, undertake and agree to use their
commercially reasonable efforts to complete the selling procedures and to transfer the Property not later than May 31, 2012 according
to the terms and conditions of this Agreement.

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Exhibit 10.1 

 

		6)	Attorney Fees and Costs. In the event that there should be any litigation or claim arising out
of this Agreement which requires the services of an attorney at law, the party prevailing shall be entitled to recover all costs
incurred in connection therewith, including reasonable attorney’s fees, and if the matter is appealed to a higher court,
such attorney’s fees include appellate court appearances or appellate attorney’s fees.

 

		7)	The Buyer and the Seller shall not be liable for failure to perform under the terms of this Agreement
due to causes beyond their reasonable control (“Force Majeure”) including but not limited to acts of war, terrorism,
flood, strike, earthquake, accidents, riots, and decisions of government or confirmation for transfer from Land Department. However,
a Force Majeure event will not invalidate the reservation agreement in section 3 of this Agreement and the Buyer and the Seller
will mutually agree on a new date to complete the transfer formalities.

 

		8)	The Buyer shall have the option to sell back the Property for the purchase price of the Property
in cash (the “Sell-Back-Option”) within 24 months from the Effective Date but not before January 1, 2013. In order
for the Buyer to exercise the Sell-Back Option, the Buyer shall so inform the Seller by written notice (“Sell-Back Option
Notice”). The closing of the sale of the Property pursuant to the Sell-Back Option must take place within 60 days after the
Seller’s receipt of the Sell-Back Option Notice.

 

		9)	The Seller shall have the option to buy back the Property at any time for the then current market
price (the “Buy-Back-Option”) after 24 month from the Effective Date. The Buy-Back-Option can only be used by paying
the Buyer in cash.

 

		10)	If the Buyer intends to resell the Property to a third party after the closing, the Seller shall
have a right of first refusal to purchase the Property at same terms and price as offered by the third party. Buyer shall inform
the Seller by written notice (“Right of First Refusal Notice”) of such intention to sell and shall provide the Seller
with the terms of offer from the third party. After receipt of such notification, Seller must reply within 14 days if he intends
to exercise the right of first refusal. If Seller notifies Buyer of his desire to repurchase the Property on such terms, the closing
of the sale of the Property must take place within 60 days after the Seller’s receipt of the Right of First Refusal Notice.
If the sale does not occur within such 60 day period as a result of Seller’s failure to close the transaction, the Buyer
shall be free to sell the Property to a third party and the Seller’s right of first refusal shall terminate with respect
to any future potential sales of the Property by the Buyer.

 

		11)	Transfer fees on subsequent repurchase by the Seller are the responsibility of the Seller.

 

		12)	It is the responsibility of the Seller to clear any penalties, service charges, or any outstanding
dues to the government, utilities providers, and developer as required and also arrange the No Objection Certification (the “NOC”)from
the Land Department as soon as this Agreement is signed by both parties.

 

		13)	Except as required by applicable law, Seller shall not, without the prior written approval of Buyer,
at any time during the term of this Agreement, divulge to any third party, other than its attorneys, accountants, employees and
professional advisors (who shall be notified of the terms of this confidentiality agreement), any information concerning the specific
terms and conditions of this Agreement.

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Exhibit 10.1 

 

		14)	This Agreement shall be governed by and construed in accordance with the laws of the State of Florida,
without regard to any conflict-of-laws principles.

 

		15)	Consent to the Exclusive Jurisdiction of the Courts of the State of Florida.

 

(i)          EACH OF THE PARTIES HERETO
HEREBY CONSENTS TO THE EXCLUSIVE JURISDICTION OF ALL STATE AND FEDERAL COURTS LOCATED IN THE SOUTHERN DISTRICT OF FLORIDA AS WELL
AS TO THE JURISDICITON OF ALL COURTS TO WHICH AN APPEAL MAY BE TAKEN FROM SUCH COURTS, FOR THE PURPOSE OF ANY SUIT, ACTION OR OTHER
PROCEEDING ARISING OUT OF, OR IN CONNECITON WITH, THIS AGREEMENT, INCLUDING, WITHOUT LIMITATION, ANY PROCEEDING RELATING TO PROVISIONAL
REMEDIES AND INTERIM RELIEF, OR ANY PROCEEDING TO ENFORCE ANY DECISION OR AWARD.

 

(ii)         EACH PARTY HEREBY EXPRESSLY
WAIVES ANY AND ALL RIGHTS TO BRING ANY SUIT, ACTION OR OTHER PROCEEDING IN OR BEFORE ANY COURT OR TRIBUNAL OTHER THAN THE COURTS
DESCRIBED ABOVE AND COVENANTS THAT IT SHALL NOT SEEK IN ANY MANNER TO RESOLVE ANY DISPUTE OTHER THAN AS SET FORTH IN THIS ARTICLE
III OR TO CHALLENGE OR SET ASIDE ANY DECISION, AWARD OR JUDGMENT OBTAINED IN ACCORDANCE WITH THE PROVISIONS HEREOF.

 

(iii)        EACH OF THE PARTIES
HERETO HEREBY EXPRESSLY WAIVES ANY AND ALL OBJECTIONS IT MAY HAVE TO VENUE, INCLUDING, WITHOUT LIMITATION, THE INCONVENIENCE OF
SUCH FORUM, IN ANY OF SUCH COURTS. IN ADDITION, EACH OF THE PARTIES CONSENTS TO THE SERVICE OF PROCESS BY PERSONAL SERVICE OR ANY
MANNER IN WHICH NOTICES MAY BE DELIVERED HEREUNDER IN ACCORDANCE WITH ARTICLE III, SECTION 21.

 

		16)	Waiver of Jury Trial. EACH OF THE PARTIES HERETO HEREBY VOLUNTARILY AND IRREVOCABLY WAIVES TRIAL
BY JURY IN ANY ACTION OR OTHER PROCEEDING BROUGHT IN CONNECTION WITH THIS AGREEMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREBY.

 

		17)	Persons Bound; Severability.

(i)          The benefits and obligations
of the covenants herein shall inure to and bind the respective heirs, executors, administrators, successors and assigns of the
parties hereto. Whenever used, the singular number shall include the plural, the plural the singular, and the use of any gender
shall include all genders.

(ii)        If any one or more of
the provisions of this Agreement is held invalid, illegal or unenforceable, the remaining provisions of this Agreement shall be
unimpaired, and the remaining provisions of this Agreement shall be construed to best carry out the original intent of the parties
hereto.

    	4

    	 

    

 

Exhibit 10.1 

 

		18)	Modifications. The terms of this Agreement may not be amended, waived or terminated orally, but
only by an instrument in writing signed by both Seller and Buyer.

 

		19)	Complete Agreement. This Agreement evidences the complete understanding of the parties hereto with
respect to the matters addressed herein. No agreement or representation, unless set forth in this Agreement, shall bind either
of the parties hereto.

 

		20)	Notices. Notices to Seller and Buyer shall be deemed received: (i) when hand delivered or faxed,
with a printed receipt of transmission, and a copy sent by either the methods identified in the following provisions (ii) or (iii);
or (ii) one business day following delivery to an express delivery courier, such as FedEx, or (iii) three days following deposit
in U.S. mail, certified, return receipt requested.

 

Notice to Buyer shall be given
to the following address:

 

MediaNet Group Technologies, Inc.

5200 Town Center Circle, Suite
601

Boca Raton, FL 33486

U.S.A.

 

Attention: Andreas Kusche, General
Counsel

Facsimile: +1 (561) 362 77-03

 

Notice to Seller shall be given
to the following address:

 

Tom Kjaer

P.O. Box 282303

Dubai, U.A.E.

Email:tk@activecapital.ae

 

Any notice which may be given
herein may also be given by the attorney for the Seller or Buyer.

 

		21)	Right of Inspection. During the term of this Agreement, Buyer, its agents, employees and representatives
shall have full access to the Property at reasonable times to inspect the Property and to conduct all tests, inspections and borings
thereon as Buyer, its engineers, consultants, surveyors and the like shall deem necessary or desirable to fulfill the tests and
investigations deemed necessary by Buyer to assist Buyer in Buyer’s due diligence review of the Property. Any entry on or
to the Property by Buyer or its authorized representatives pursuant to the provisions hereof shall be at the risk of Buyer, and
Buyer hereby agrees to indemnify, hold harmless and exonerate Seller from all loss, claim, liability, action or demand directly
arising therefrom. Buyer has no right or power to create any liens against the Property, and Buyer shall be responsible to restore
the Property at the conclusion of all tests and borings to the same general condition that existed immediately prior to Buyer’s
inspections. The indemnity and restoration requirements set forth in this paragraph shall survive the closing or other termination
of this Agreement. Buyer shall have no obligations to provide Seller with any copies of test results or inspection reports concerning
the Property.

    	5

    	 

    

 

Exhibit
10.1

 

		22)	Time of the Essence; Computation of Time. Time shall be of the essence with respect to Seller’s
obligation to consummate the closing in the time frame required by this Agreement. If any date herein set forth for the performance
of any obligations by Seller or Buyer or for the delivery of any instrument or notice as herein provided should be on a Saturday,
Sunday or legal holiday, the compliance with such obligations or delivery shall be deemed acceptable at 5:00 p.m. (based upon the
time zone in which the Property is located) on the next business day following such Saturday, Sunday or legal holiday. As used
herein, the term ‘legal holiday” means any state or federal holiday for which financial institutions or post offices
are generally closed in the State for observance thereof.

 

		23)	Counterparts. This Agreement may be executed in counterparts, and all counterparts executed by
Buyer and Seller together shall constitute one and the same agreement and it shall not be necessary for Buyer and Seller to execute
the same counterpart hereof.

 

		24)	Facsimile/PDF. Following the initial execution of this Agreement, a facsimile or PDF copies of
any amendment to this Agreement or any consent, approval or other indication of acceptance pursuant to this Agreement executed
by the Seller or Buyer may be relied upon as an original signature.

 

		25)	Seller’s Pre-Closing Operating Covenants. Seller covenants that between the Effective Date
of this Agreement and the closing:

(i)          Buyer
may discuss Buyer’s Intended Use, the proposed development of and actions regarding the Property with any federal, county,
state or local officials or authorities, including but not limited to variances, permits, certificates, consents, approvals, and
other Governmental Regulations for the Intended Use.

(ii)        Seller
shall, when and to the extent that such additional information becomes available, provide Buyer with complete and accurate copies
of all additional Due Diligence Materials in Seller’s possession or control.

(iii)       Seller
shall not permit any new occupancy of, or enter into any new lease or permit the renewal, modification or extension of any existing
lease for, space in or on the Property, or any portion thereof, or enter into or renew any management, maintenance or other agreement
affecting the Property, unless Buyer has previously approved such occupancy, lease or agreement in writing. Seller shall operate
and maintain the Property consistent with Seller’s past practices.

(iv)       Seller
shall not execute any mortgage against the Property or modify existing mortgage(s) (if any) on the Property, or otherwise encumber
the Property in an amount which, together with the amount of all other mortgages and other monetary liens, will exceed the net
amount of the Purchase Price to be received by Seller at the closing after deduction (if any) for the adjustments described herein
and payment of the broker’s commission, if any, described herein or create any other new encumbrance or restriction affecting
the Property.

(v)       Seller
shall not modify or alter the Property or any improvement located thereon in any material respect.

 

    	6

    	 

    
 

Exhibit
10.1 

 

		26)	Nominee/Assignment. Seller acknowledges and agrees that Buyer shall have the right to designate
a nominee to take title to the Property by notice to Seller given not later than the closing. In the alternative Buyer may (i)
without need of consent from Seller, assign this Agreement to any entity related to or affiliated with Buyer or (ii) with the consent
of Seller not to be unreasonably withheld, conditioned or delayed, assign this Agreement to any entity not related to or affiliated
with Buyer. Buyer shall be released from this Agreement upon the making of an Assignment as contemplated by the foregoing sentence.

 

		27)	Seller’s Joinder and Consent. Seller agrees to join in and consent to all applications, petitions
and other submissions (collectively the “Applications”) reasonably necessary to obtain the Permits and Approvals requested
by Buyer for Buyer’s Intended Use of the Property (collectively, the “Approvals”), and Seller hereby appoints
Buyer or Buyer’s designee as Seller’s agent to submit and process such Applications. All such Applications and submissions
shall be at Buyer’s sole cost and expense. Seller shall promptly review and execute all such joinders, consents and other
submissions by Buyer, and in no event shall Seller delay such joinder or consent by more than five (5) business days following
Seller’s receipt of Buyer’s request for such joinder of consent.

 

		28)	Delivery of Materials. Within ten (10) days after the Effective Date of this Agreement, Seller
shall deliver to Buyer copies of all existing Due Diligence Materials relating to the Property.

 

Signature
page follows.

    	7

    	 

    

 

Exhibit
10.1

 

	The Seller:	Tom Kjaer	 
	 	 	 
	Signature	/s/ Anita Levison	 
	 	Signed by Anita Levison	 
	 	For and on behalf of Tom Kjaer	 
	 	 	 
	Date:	August 14, 2012	 
	 	 	 
	Buyer:	Crown Group Investments Limited	 
	 	 	 
	Signature	/s/ Christian Ellentoft	 
	 	Signed by Christian Ellentoft	 
	 	For and on behalf of Michael Hansen, Managing Director	 
	 	 	 
	Date:	August 14, 2012	 

 

    	8

    	 

    

 

Exhibit 10.1 

 

EXHIBIT A

 

Plot Number 45 (531-415), Size 33,118sqf
with allowable built up area (BAU) of 59,617sqf Community: Saih Shuaib 2 (531), Dubai Industrial City

 

Plot Number 66 (531-387), Size 47,312sqf
with allowable built up area (BAU) of 85,162sqf, Community: Saih Shuaib 2 (531), Dubai Industrial City

 

TOGETHER WITH: (1) all rents, issues, profits,
appurtenances, incorporeal hereditaments, easements, privileges and rights of way; (2) all rights to land lying in the bed of any
street opened or proposed against which the Property abuts to the center line thereof; (3) all Seller’s right in and to any
strips or gores of land adjoining the Property; (4) Seller’s right in and to any condemnation award made or to be made or
for damages caused by change of grade of adjacent streets; (5) Seller’s rights, if any, to the use of or to the land underlying
any canal or waterway which abuts or traverses the Property, in whole or in part; (6) water rights of every type and nature appurtenant
to or otherwise relating to the Property; (7) intangible rights, including licenses and the exclusive right to use the present
name of the property; if specifically known by such name, however such right may have been acquired by Seller; (8) development
applications, petitions, permits, approvals, plans and specifications, utility agreements, impact fee recovery agreements, drainage,
retention or detention rights, vested or “grandfathered” development rights, site plans, development orders, building
permits and such other documents as relate to the condition or development of the Property; and (9) any and all other amenities,
rights and privileges enjoyed, claimed, owned or used by Seller in connection with the Property.

 

    	9

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