Document:

AGREEMENT

     

    This
      Agreement (“Agreement”)
      is
      made as of __________, 2007, by and between the undersigned shareholder
      (“Shareholder”)
      and
      ProElite, Inc., a New Jersey corporation (“ProElite”),
      with
      reference to the facts set forth below:

     

    WITNESSETH:

     

    WHEREAS,
      ProElite is offering (the “Offering”)
      for
      sale to accredited investors a minimum of $25 million and a maximum of $60
      million of units. The purchase price of each unit is $7.00 and each unit
      consists of one share of common stock and one-half of a five-year warrant to
      purchase one share of common stock. The warrants included in the units (the
      “Warrants”)
      have
      an exercise price of $7.00 per share. 

     

    WHEREAS,
      ten percent of the units sold in the Offering, not to exceed $5 million, may
      include shares of common stock and shares of common stock underlying warrants
      and options held by certain selling shareholders. 

     

    WHEREAS,
      ProElite has allocated the number of shares of common stock set forth below
      Shareholder’s signature for Shareholder to sell in the Offering (the
“Allocated
      Shares”),
      and
      of the Allocated Shares, Shareholder is selling the number of shares set forth
      below Shareholder’s signature at a price of $7.00 per share (the “Seller
      Shares”).

     

    [
      WHEREAS, Shareholder submitted a written Notice of Exercise, attached hereto
      as
Exhibit A
      to
      ProElite]1 

     

    WHEREAS,
      ProElite will not receive any of the proceeds from the sale of securities by
      the
      Shareholder[,
      except
      proceeds from the exercise of the [warrants][options], pursuant to the Notice
      of
      Exercise.]1

     

    NOW,
      THEREFORE, in consideration of the mutual covenants contained herein and other
      good and valuable consideration the adequacy and receipt of which is hereby
      acknowledged, the Shareholder and ProElite agree as follows:

     

    1.  Shareholder
      agrees, acknowledges and understands that of the gross proceeds received from
      investor, ProElite will directly receive consideration for the Seller Shares,
      which will be deposited into the escrow account. The proceeds will then be
      distributed to Shareholder after closing of the Offering, net of (i) the amount
      owed to ProElite, if any, from the exercise of any options or warrants in
      connection with the sale and (ii) the
      10%
      commission payable to Hunter World Markets, Inc., the placement agent of the
      Offering. 

     

    2.  ProElite
      will issue Warrants in consideration for the Shareholder’s agreement to extend
      the period during which the balance of his, her or its securities remain locked
      up, pursuant to that certain Lock-up Agreement between the Shareholder and
      ProElite, attached hereto as Exhibit [A][B].

     

    
      
        

      

      1 Include
        only if Shareholder exercised options or warrants.

    

    
       

      
        
          Confidential

        

        
          Page
            1 of
            5

          
            

          

        

        
          
          

        

      

       

    

    3.  This
      Agreement, along with the Lock-up Agreement[ and the Notice of
      Exercise]1,
      represent the entire understanding between the Shareholder and ProElite with
      respect to the sale of and the proceeds from the sale of the Seller Shares
      and
      the lock-up of the remaining securities owned by Shareholder, and supersede
      all
      prior written or oral agreements, if any.

     

    4.  This
      Agreement may not be modified or changed unless in writing signed by both
      Shareholder and ProElite.

     

    5.  Each
      of
      the parties hereto shall from time to time at the request of any other party
      hereto, and without further consideration, execute and deliver to such other
      party such further instruments of assignment, transfer, conveyance and
      confirmation and take such other action as such other party may reasonably
      request in order to more effectively fulfill the purposes of this
      Agreement.

     

    6.  The
      headings in this Agreement are for convenience and shall not be used to
      interpret any of the provisions of this Agreement.

     

    7.  No
      waiver
      of any provision of this Agreement shall be effective and binding unless signed
      in writing by the party charged with such waiver.

     

    8.  This
      Agreement shall be construed and enforced under and pursuant to the laws of
      the
      State of California.

     

    9.  This
      Agreement shall be binding upon Shareholder and ProElite.

     

    10.  This
      Agreement may be executed in any number of counterparts and by the several
      parties hereto in separate counterparts, each of which shall be deemed to be
      an
      original, and all of which together shall constitute one and the same Agreement.
      This
      Agreement may be executed by facsimile.

     

    
      
        Confidential

      

      
        Page
          2 of
          5

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the
      date
      first above written. 

     

    
      	
              AGREED
                AND ACCEPTED:

            	 	 
	 	 	 
	
              SHAREHOLDER

            	 	
              PROELITE,
                INC.

            
	 	 	 
	
              By:
                ______________________________________________

              Name:____________________________________________

              Number of Allocated Shares: __________________________

              Number of Seller Shares: _____________________________  

            	 	
              By:

              Name:_______________________________

              Title:________________________________

            

    

    

    
      
        
          Confidential

        

      

      
        Page
          3 of
          5

        
          

        

      

      
        
        

      

    

    EXHIBIT [A]
      (1)

    NOTICE
      OF EXERCISE

     

    
      
        
          Confidential

        

      

      
        Page
          4 of
          5

        
          

        

      

      
        
        

      

    

    EXHIBIT
      [A][B]
      (1)

     

    LOCK-UP
      AGREEMENT

     

    
      
        
          Confidential

        

      

      
        Page
          5 of
          5EXHIBIT
      10.25

    

    AMENDMENT
      TO EMPLOYMENT AGREEMENT

    

    This
      Agreement, dated as of July 11, 2007 (“Effective Date”), is between GoFish
      Corporation (the “Company”) and Greg Schroeder, an individual (“Executive”)
      (collectively, “the Parties”).

    

    Whereas,
      the Company and Executive are parties to an Employment Agreement dated on or
      about October 30, 2006 (the “Prior Agreement”); 

    

    Whereas
      the Parties desire to amend the Prior Agreement and change the officer status
      of
      Executive as set forth below; and

    

    Whereas
      the Prior Agreement as amended by this Agreement shall be referred to as the
      “Amended Agreement”; 

    

    Therefore,
      for good and sufficient consideration the receipt of which is hereby
      acknowledged, the Parties agree as follows:

    

    1. Section
      2
      of the Prior Agreement is hereby amended to read as follows:

     

    2.
      Position
      and Duties.
      During
      the term of the Executive’s employment hereunder, and consistent with Section 4
“Hours of Work”, below, the Executive shall continue to serve in, and assume
      duties and responsibilities consistent with, the position of Chief Technology
      Officer of a public company, which may include, but are not limited to, serving
      role in the technology/engineering team; driving overall technology and design
      in terms of the Company’s technology and product platforms, application
      infrastructure, tactical systems management methodology, and solutions design;
      working to define best-practices in the overall design and architecture of
      the
      Company’s application architecture; crafting effective approaches to addressing
      the unique challenges in and around reliability, speed, and scale; managing,
      on
      an on-going basis, the Company’s platform and infrastructure; developing and
      managing the Company’s technology strategy and team; and performing such
      additional or different duties as the Chief Executive Officer of the Company
      shall determine from time to time. 

     

    2. Executive
      hereby resigns his status as an officer of GoFish effective as of July 11,
      2007,
      and GoFish accepts such resignation. Such resignation shall not affect
      Executive’s title under the Amended Agreement.

     

    3. Section
      4
      of the Prior Agreement is hereby amended to read as follows:

     

    4.
      Hours
      of Work.
      The
      Executive shall work on average one day (eight hours) per week during the
      Company’s regular business hours. The nature of the Executive’s employment with
      the Company requires flexibility in the days and hours that the Executive must
      work, and may necessitate that the Executive work on other or additional days
      and hours on an occasional basis.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    4. Section
      6
      of the Prior Agreement is hereby amended to read as follows:

     

    6.
      Compensation.
      During
      the Employment Period, the Company shall pay Executive at the rate of Three
      Thousand Two Hundred Dollars ($3,200) per month. Payments shall be made on
      the
      Company’s regular payroll dates and shall be net of withholdings required by
      law. Executive shall not be eligible for any bonus payments for the calendar
      year 2006 or thereafter.

     

    5. Section
      8
      of the Prior Agreement is hereby amended to read as follows:

     

    
      
        8.Vacation.
          Executive shall not be eligible for vacation.

      

    

     

    6. Sections
      9(c) and 9(d) of the Prior Agreement are hereby amended to read as
      follows:

     

    (c)
      Option
      Vesting and Exercise.
      Effective as of June 30, 2007, sixteen and two-thirds percent (16.67%) of the
      Option (45,834 shares) shall be vested and exercisable and forty-five and
      five-sixths percent (45.83%) of the Option (126,042 shares) shall expire,
      leaving thirty-seven and one half percent (37.5%) of the Option (103,124 shares)
      unexpired as of such date (“Unexpired Option”). On the last day of each month
      thereafter, continuing for the next eighteen (18) months so long as Executive
      remains employed by the Company, an additional one eighteenth of the Unexpired
      Option shall vest, subject to Section 9(d).

     

    (d)
      Termination.
      If the
      Executive’s employment is terminated either by Executive or by the Company, with
      or without cause, all unvested Awards shall immediately expire as of the
      effective the date of the termination of employment. Vested Awards, to the
      extent unexercised, shall expire one month after the termination of
      employment.

     

    7. Section
      11 of the Prior Agreement is hereby amended to read as follows:

     

    11.
      Termination.
      Either
      Executive or the Company may terminate Executive’s employment with or without
      cause upon written notice to the other Party. Upon termination of Executive’s
      employment, the Company shall have no further obligations or liability to
      Executive or his heirs, administrators or executors with respect to compensation
      and benefits thereafter, except for the obligation to pay Executive, or his
      heirs, administrators, or executors in the event Executive is no longer living,
      any earned but unpaid base salary through Executive’s last day of employment
      with the Company, and to reimburse, pursuant to Section 7, any expenses
      reasonably incurred through Executive’s last day of employment with the Company.
      Executive’s employment with the Company shall terminate automatically upon the
      death of Employee.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    8. The
      provisions of the Prior Agreement not amended by this Agreement shall remain
      in
      full force and effect.

     

    9. Any
      dispute arising under the Prior Agreement, this Agreement, or the Amended
      Agreement shall be resolved by arbitration in the manner provided by Section
      14,
      Dispute Resolution, of the Amended Agreement.

     

    10. The
      Amended Agreement is intended to be the final, complete, and exclusive statement
      of the terms of Executive’s employment by the Company. The Amended Agreement
      supersedes all other prior and contemporaneous agreements and statements,
      whether written or oral, express or implied, pertaining in any manner to the
      employment of executive, and it may not be contradicted by evidence of any
      prior
      or contemporaneous statements or agreements. To the extent that the practices,
      policies, or procedures of the Company, now or in the future, apply to Executive
      and are inconsistent with the terms of the Amended Agreement, the provisions
      of
      the Amended Agreement shall control

     

    11. This
      Agreement and the Amended Agreement shall be construed as a whole, according
      to
      their fair meaning, and not in favor of or against any party. By way of example
      and not in limitation, said Agreements shall not be construed in favor of the
      party receiving a benefit nor against the party responsible for any particular
      language in said Agreements.

     

    12. This
      Agreement and the Amended Agreement may not be amended except by an instrument
      in writing, signed by each of the Parties. No failure to exercise and no delay
      in exercising any right, remedy, or power under either Agreement shall operate
      as a waiver thereof, nor shall any single or partial exercise of any right,
      remedy, or power under either Agreement preclude any other or further exercise
      thereof, or the exercise of any other right, remedy, or power provided herein
      or
      by law or in equity.

     

    13. Executive
      acknowledges that he has had the opportunity to consult legal counsel in regard
      to this Agreement and the Amended Agreement, that he has read and understands
      this Agreement and the Amended Agreement, that he is fully aware of its legal
      effect, and that he has entered into it freely and voluntarily and based on
      his
      own judgment and not on any representations or promises other than those
      contained in this Agreement and the Amended Agreement.

     

    14. This
      Agreement shall be governed by California law.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    The
      Parties have duly executed this Agreement as of the date first written
      above.

    

    
      	 	 	 	 
	
              /s/
                Greg Schroeder  

            	 	 	
            
	
              

              Greg
                Schroeder

            	 	 	
            
	
            	 	 	
            
	 	 	 	 
	
              GoFish
                Corporation

            	 	 	 
	
              By:  /s
                Tabreez Verjee 

              
                

              

              
              

            	 	 	 
	Its: 
President

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