Document:

Exhibit

BILL OF SALE
This Bill of Sale, effective as of the Effective Time, is executed and delivered by Calpian, Inc., a Texas corporation (“Parent”), Calpian Residual Acquisition, LLC, a Nevada limited liability company (“CRA”), and Calpian Commerce, Inc., a Texas corporation and wholly-owned subsidiary of Parent (“CCI,” and together with Parent, CRA and CCI, the “Sellers” and each a “Seller”), to eVance Processing Inc., a Delaware corporation (“Buyer”).
WHEREAS, this Bill of Sale is being executed and delivered in connection with that certain Asset Purchase Agreement, dated November 30, 2015, but effective as of the Effective Time (the “Purchase Agreement”), among the Parties;
WHEREAS, pursuant to the Purchase Agreement, the Sellers have agreed to, among other things, sell, assign, convey and deliver all of their resepctive right, title and interest in, to and under the Acquired Assets; and
WHEREAS, Buyer and Seller now desire to carry out the intent and purpose of the Purchase Agreement by, among other things, the execution and delivery of this Bill of Sale.
NOW, THEREFORE, in consideration of the foregoing premises and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and with the intent to be legally bound hereby, Sellers agrees as follows:
		
	1.
	Definitions.  All capitalized terms used in this Bill of Sale, but not otherwise defined herein, are given the meanings set forth in the Purchase Agreement.

2.Transfer of Acquired Assets.  Sellers hereby sell, convey, transfer and assign to Buyer, its successors and assigns all of Sellers’ right, title and interest in, to and under the Acquired Assets, to have and to hold forever, together with all rights and privileges thereto.
3.Purchase Agreement.  This Bill of Sale is being executed and delivered pursuant to Section 3.2(b)(i) of the Purchase Agreement and is not intended to in any way supersede, amend, expand, waive or otherwise modify or affect the rights and obligations of the parties under the Purchase Agreement.
4.Further Assurances.  Each Seller, for itself, its successors and assigns, hereby covenants and agrees that, at any time and from time to time upon the written request of Buyer, each Seller will do, execute, acknowledge and deliver or cause to be done, executed, acknowledged and delivered, all such further acts, deeds, assignments, transfers, conveyances, powers of attorney and assurances as may be reasonably required by Buyer in order to assign, transfer, set over, convey, assure and confirm unto and vest in Buyer, its successors and assigns, title to the Acquired Assets.
5.Governing Law.  This Bill of Sale shall be governed by and construed in accordance with the internal laws of the State of Texas without giving effect to any choice or conflict of law provision or rule (whether of the State of Texas or any other jurisdiction) that would cause the application of Laws of any jurisdiction other than those of the State of Texas.
6.Counterparts.  This Bill of Sale may be executed simultaneously in two or more counterparts, each of which will be deemed to be an original copy hereof or thereof and all of which together will be deemed, respectively, to constitute one and the same agreement.  Counterparts delivered by facsimile, e-mail or other electronic transmission shall be deemed to have the same legal effect as delivery of an original signed copy of this Bill of Sale.

[signature page follows]    

IN WITNESS WHEREOF, Sellers have caused this Bill of Sale to be executed as of the date first written above.

SELLERS:

CALPIAN INC.
By:                         
Name: 
Title: 

CALPIAN RESIDUAL ACQUISITION LLC

By:                        
Name:
Title:

                        	
	
	CALPIAN COMMERCE, INC.
By:  
Name: 
Title:Exhibit

Assignment and Assumption Agreement
This Assignment and Assumption Agreement (this “Agreement”) dated November 30, 2015, but effective as of November 16, 2015, is by and among Calpian, Inc., a Texas corporation (“Parent”), Calpian Residual Acquisition, LLC, a Nevada limited liability company (“CRA”) and Calpian Commerce, Inc., a Texas corporation and wholly-owned subsidiary of Parent (“CCI,” and together with Parent, CRA and CCI, the “Sellers” and each a “Seller”), and eVance Processing Inc., a Delaware corporation (“Buyer”).
WHEREAS, this Agreement is being executed and delivered in connection with that certain Asset Purchase Agreement, dated November 30, 2015, but effective as of November 1, 2015, by and among the Sellers and Buyer (the “Purchase Agreement”); and
WHEREAS, pursuant to the Purchase Agreement, the Sellers have agreed to, among other things, to sell, assign, convey and deliver all of its right, title and interest in, to and under the Acquired Assets and Buyer has agreed to assume, perform, pay and discharge the Assumed Liabilities;
NOW, THEREFORE, in consideration of the mutual covenants, terms and conditions set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
1.    Definitions.  All capitalized terms used in this Agreement, but not otherwise defined herein, are given the meanings set forth in the Purchase Agreement.
2.    Assignment and Assumption.  Each Seller hereby sells, assigns, grants, conveys and transfers to Buyer, and Buyer hereby purchases and assumes, each Seller’s right, title and interest in and to the Acquired Assets, including the ISO Agreements and the other Assumed Contracts, and the Residuals. Buyer hereby accepts such assignment and assumes each Seller’s duties and obligations under the Assumed Liabilities, including the Notes, and agrees to pay, perform and discharge, as and when due, all of the obligations of each Seller under the Assumed Liabilities.
3.    Terms of the Purchase Agreement.  The terms of the Purchase Agreement, including, but not limited to, the representations, warranties, covenants, agreements and indemnities relating to the Acquired Assets and Assumed Liabilities are incorporated herein by this reference. The parties hereto acknowledge and agree that the representations, warranties, covenants, agreements and indemnities contained in the Purchase Agreement shall not be superseded hereby but shall remain in full force and effect to the full extent provided therein. In the event of any conflict or inconsistency between the terms of the Purchase Agreement and the terms hereof, the terms of the Purchase Agreement shall govern.
4.    Further Assurances.  Each Seller, for itself, its successors and assigns, hereby covenants and agrees that, at any time and from time to time upon the written request of Buyer, each Seller will do, execute, acknowledge and deliver or cause to be done, executed, acknowledged and delivered, all such further acts, deeds, assignments, transfers, conveyances, powers of attorney and assurances as may be reasonably required by Buyer in order to assign, transfer, set over, convey, assure and confirm unto and vest in Buyer, its successors and assigns, title to the Acquired Assets.
5.    Governing Law.  This Agreement shall be governed by and construed in accordance with the internal laws of the State of Texas without giving effect to any choice or conflict of law provision or rule (whether 

of the State of Texas or any other jurisdiction) that would cause the application of Laws of any jurisdiction other than those of the State of Texas.
6.    Counterparts.  This Agreement may be executed simultaneously in two or more counterparts, each of which will be deemed to be an original copy hereof or thereof and all of which together will be deemed, respectively, to constitute one and the same agreement.  Counterparts delivered by facsimile, e-mail or other electronic transmission shall be deemed to have the same legal effect as delivery of an original signed copy of this Agreemennt.

[SIGNATURE PAGE FOLLOWS]

IN WITNESS WHEREOF, the parties have executed this Agreement to be effective as of the date first above written.
SELLERS:

CALPIAN INC.
By:                         
Name: 
Title: 

CALPIAN RESIDUAL ACQUISITION LLC

By:                        
Name:
Title:

                        	
	
	CALPIAN COMMERCE, INC.
By:  
Name: 
Title:

Accepted and Agreed:
BUYER:

EVANCE PROCESSING, INC.

By:    
Name:
Title:Exhibit

INTELLECTUAL PROPERTY ASSIGNMENT AGREEMENT
THIS INTELLECTUAL PROPERTY ASSIGNMENT AGREEMENT (the “Agreement”) is made as of November 30, 2015, and effective as of 11:59 p.m., New York time, on November 30, 2015, by and between Calpian, Inc., a Texas corporation, and Calpian Commerce, Inc., a Texas corporation (collectively, the “Assignor”), and eVance Processing Inc., a Delaware Corporation (“Assignee”). Except as otherwise defined herein, capitalized terms used herein shall have the meanings as set forth in that certain Asset Purchase Agreement dated November 30, 2015, and effective as of 11:59 p.m., New York time, on November 30, 2015 (the “Asset Purchase Agreement”), by and among Assignor and Assignee.
RECITALS
WHEREAS, pursuant to the Asset Purchase Agreement, Assignor agreed to sell, transfer, convey, assign and deliver to Assignee all of Assignor’s right, title and interest in all of Seller’s Intellectual Property, including but not limited to its Registered IP and its IP Claims, as each term is defined in the Asset Purchase Agreement, remedies against past, present, and future infringements thereof, and rights to protection of past, present, and future interests therein under the laws of all jurisdictions (collectively, the “IP Rights”);
WHEREAS, Assignee wishes to acquire, and Assignor wishes to transfer all right, title and interest in and to the IP Rights, including all rights to sue and recover for past infringement or wrongful use thereof everywhere in the world;
NOW, THEREFORE, in consideration of the forgoing, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows.
1.Assignor hereby sells, assigns, transfers and sets over to Assignee all rights, title and interest in and to all of Sellers’ Intellectual Property including, but not limited to the IP Rights in accordance with the Asset Purchase Agreement, and with any and all renewals and extensions of registrations for the IP Rights that may be secured under any applicable law now or hereafter in effect.
2.Assignor hereby agrees to provide to Assignee, its successors, assigns or other legal representatives, all necessary cooperation and assistance (including the execution and delivery of any and all affidavits, declarations, oaths and other documentation, and the delivery of any and all samples, exhibits, specimens and the like in the control of Assignor):
(a)in the preparation and prosecution of any applications for registration or any applications for renewal of registrations covering the IP Rights; and
(b)in the implementation or perfection of this Agreement.
3.Assignor hereby agrees to cooperate as necessary for Assignee to make any and all required filings to effectuate the transfer of the IP Rights.
4.This Agreement is being delivered in connection with and subject to the Asset Purchase Agreement and to the extent of any conflict between this Agreement and the Asset Purchase Agreement, the Asset Purchase Agreement shall control.

IN WITNESS WHEREOF, the undersigned certifies that he is a duly authorized signatory of Assignor with authority to execute this Agreement on Assignor’s behalf, as of the date first set forth above.
ASSIGNOR:

CALPIAN, INC.                
Name: Harold Montgomery
Title: Chief Executive Officer
    

CALPIAN COMMERCE, INC.                
Name: Harold Montgomery
Title: Chief Executive Officer

STATE OF _________________

COUNTY OF _______________

On this ____ day of November 2015, before me, the undersigned, a Notary Public in and for said State, personally appeared Harold Montgomery personally known to me or proved to me on the basis of satisfactory evidence to be the Individual whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his capacity, and that by his signature on the instrument, the individual executed this instrument.

__________________________
(Signature of Notary Public)

          (NOTARY SEAL)    __________________________
(Name of Notary Typed, Printed, or Stamped)

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