Document:

Exhibit 10.44

 

COMPARTMENT IT2, LP

COMPARTMENT IT5, LP

COMPARTMENT IT9, LP

 

August 1, 2013

 

CIG Wireless Corp.

CIG Solutions, LLC

Communications Infrastructure Group, LLC

5 Concourse Parkway, Suite 3100

Atlanta, GA 30328

 

The Series A Investors party to the

Purchase Agreement referred to below

 

		RE:	Acknowledgement and Consent – Financing Transaction

 

Ladies and Gentlemen,

 

The undersigned, COMPARTMENT
IT2, LP, a Georgia Limited Partnership (“Compartment IT2”), by action of IAM US, LLC, a Delaware limited liability
company, its General Partner (the “General Partner”); COMPARTMENT IT5, LP, a Georgia Limited Partnership (“Compartment
IT5”), by action of the General Partner; COMPARTMENT IT9, LP, a Georgia Limited Partnership (“Compartment IT9”),
by action of the General Partner; hereby duly execute and deliver this letter to Communications Infrastructure Group, LLC (the
“Company”), CIG Solutions, LLC (the “Manager”), CIG Wireless Corp. (the “Parent”)
and the Series A Investors (as hereinafter defined) to confirm the respective understanding of each of Compartment IT2, Compartment
IT5 and Compartment IT9 regarding the Financing Transaction (as hereinafter defined), with respect to the following:

 

On or about the date
hereof, the Parent is entering into a Securities Purchase Agreement, by and among the Parent, on the one hand, and each of the
investors set forth on the signature pages affixed thereto (the “Series A Investors”), on the other hand (the
“Purchase Agreement”), pursuant to which the Parent is issuing, on the date hereof, and, may issue in one or
more closings, shares of the Parent’s Series A-1 Non-Convertible Preferred Stock, par value $0.0001 per share (“Series
A-1 Preferred Stock”) and shares of the Parent’s Series A-2 Convertible Preferred Stock, par value $0.0001 per
share (“Series A-2 Preferred Stock”) to the Series A Investors as described in the Purchase Agreement (the “Financing
Transaction”).

 

Each of Compartment
IT2, Compartment IT5 and Compartment IT9 hereby (a) consents to, ratifies, confirms, adopts and approves in all respects: (x) the
Financing Transaction, and all related agreements to be executed in connection therewith, including, without limitation, the Purchase
Agreement and the Certificate of Designation, Preferences and Rights of the Series A-1 Preferred Stock and Series A-2 Preferred
Stock (collectively, the “Financing Documents”), and each of the transactions contemplated thereby, including,
without limitation, the issuance of the Series A-1 Preferred Stock and Series A-2 Preferred Stock; and (y) any action relating
to the subject matter of the foregoing taken by any of the officers, managers or members of the Company and the Parent prior to
the date hereof, and (b) acknowledges and agrees that each of the Financing Documents, and the terms and conditions contained
herein and therein, are fair and reasonable in all respects.

 

    	 

    	 

    

 

Acknowledgement
and Consent – Financing Transaction

  

Each of Compartment
IT2, Compartment IT5 and Compartment IT9 represents and warrants to the Company, the Parent and the Series A Investors, that, prior
to the consummation of the Financing Transaction, such Party: (i) received and reviewed the Financing Documents; (ii) had a sufficient
opportunity to review the Financing Documents in their entirety; (iii) had a sufficient opportunity to consult with its financial,
tax and other advisors regarding the Financing Documents; and (iv) had a sufficient opportunity to ask questions of the Company
and the Parent regarding the Financing Documents and the Financing Transaction. Each of Compartment IT2, Compartment IT5 and Compartment
IT9 further acknowledges that all information that such party has requested from the Company and/or the Parent and all questions
that such Party has made to the Company and/or the Parent, if applicable, with regard to the Financing Documents or the Financing
Transaction has been fully and satisfactorily provided or answered by the Company and/or the Parent. Each of Compartment IT2, Compartment
IT5 and Compartment IT9 acknowledges that it has consulted, to the extent it has desired to do so, with its own independent counsel
in connection with the Financing Transaction and the matters contemplated thereby 

 

Each of Compartment
IT2, Compartment IT5 and Compartment IT9 acknowledges that this letter is being delivered in order to induce the Series A Investors
to consummate the Financing Transaction. Each of Compartment IT2, Compartment IT5 and Compartment IT9 represents and warrants that
it has full power and authority to execute and deliver this letter and understands that the Series A Investors are relying upon
this letter in consummating the Financing Transaction.

 

This letter and the
consent and acknowledgment contained herein shall constitute an estoppel by each of Compartment IT2, Compartment IT5, Compartment
IT9 and the General Partner for the benefit of the Company, the Manager, the Parent and the Series A Investors, which may not be
revoked at any time for any reason and which may be fully relied upon without exceptions or qualifications by each of the Company,
the Manager, the Parent and the Series A Investors. This letter has been drafted jointly by Compartment IT2, Compartment IT5 and
Compartment IT9 together with the Company, the Manager, the Parent and the Series A Investors, and in the event of any ambiguity
nothing herein shall be construed against the Company, the Manager, the Parent or the Series A Investors as the draftsperson.

 

Each Series A Investor
is an unqualified, express intended third party beneficiary of this letter and shall have the right to assert and enforce the provisions
of this letter directly against Compartment IT2, Compartment IT5 or Compartment IT9 directly on its own behalf.

 

This letter shall be
binding on each of Compartment IT2’s, Compartment IT5’s and Compartment IT9’s successors and permitted assigns.
This letter shall be governed by the laws of the State of New York, without regard to its conflicts of law rules, and all actions
to interpret or enforce this letter shall only be brought in the state and federal courts located in New York County, New York.
This letter may be executed in one or more counterparts, which shall be deemed one and the same instrument.

 

[Signature Page Follows]

 

    	2

    	 

    

 

Acknowledgement
and Consent – Financing Transaction

  

IN WITNESS WHEREOF,
this letter has been duly executed by each of the parties set forth below as of the date first above set forth.

 

CLASS A-IT2 MEMBER: COMPARTMENT IT2, LP

 

	 	BY:	IAM US, LLC	 
	 	 	General Partner	 
	 	 	 	 	 	 
	 	 	BY:	MfAM Mobilfunk Asset Management GmbH 	 
	 	 	 	Managing Director	 
	 	 	 	 	 	 
	 	 	 	BY: 	/s/ Stephan Brückl	 
	 	 	 	 	Name: Stephan Brückl	 
	 	 	 	 	Title:  Managing Director	 

 

CLASS A-IT5 MEMBER: COMPARTMENT IT5, LP

 

	 	BY:	IAM US, LLC	 
	 	 	General Partner	 
	 	 	 	 	 	 
	 	 	BY:	MfAM Mobilfunk Asset Management GmbH 	 
	 	 	 	Managing Director	 
	 	 	 	 	 	 
	 	 	 	BY: 	/s/ Stephan Brückl	 
	 	 	 	 	Name: Stephan Brückl	 
	 	 	 	 	Title:  Managing Director	 

 

CLASS A-IT9 MEMBER: COMPARTMENT IT9, LP

 

	 	BY:	IAM US, LLC	 
	 	 	General Partner	 
	 	 	 	 	 	 
	 	 	BY:	MfAM Mobilfunk Asset Management GmbH 	 
	 	 	 	Managing Director	 
	 	 	 	 	 	 
	 	 	 	BY: 	/s/ Stephan Brückl	 
	 	 	 	 	Name: Stephan Brückl	 
	 	 	 	 	Title:  Managing Director	 

  

    	3Exhibit 10.45

 

FORM FOR OPTION CANCELLATION AGREEMENT

 

 

THIS OPTION CANCELLATION
AGREEMENT (the “Agreement”) is effective as of date forth on the signature page hereof by and among CiG
Wireless Corp., a corporation incorporated in the State of Nevada (the “Company”) and the holder of options
to purchase the Company’s common stock signatory hereto (the “Optionee”). Capitalized terms used herein
and not otherwise defined shall have the meanings given to them in the Securities Purchase Agreement (the “Securities
Purchase Agreement”) dated August 1, 2013 by and among the Company and each of the investors set forth on Schedule
I thereto, as such Schedule may be amended from time to time in accordance with the terms of Securities Purchase Agreement.

 

RECITALS

 

WHEREAS, the Optionee
is the grantee of options to purchase such number of shares of the Company’s common stock, $0.00001 par value, on the date(s),
and for the exercise price(s), as are set forth on the signature page hereof (the “Options”); and

 

WHEREAS, the Optionee
and the Company have agreed that it is in the mutual best interests of the Company and the Optionee that the Company cancel any
and all Options previously granted or awarded to such Optionee.

 

NOW, THEREFOR, in consideration
of the premises and mutual covenants contained in this Agreement and other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged as adequate in all respects, the parties hereto agree as follows:

 

1.          Representations.
The Optionee represents and warrants to the Company that: (x) Optionee does not hold any option to purchase shares of the Company,
or any other equity award based on shares of the Company, other than the Options; (y) Optionee is the sole owner of the Options;
(z) prior to the date hereof, Optionee has not transferred or assigned, or purported to transfer or assign, the Options, or the
shares subject to such Options; (xx) the Options cancelled and terminated hereunder are owned by the Optionee free and clear of
all liens, security interests, pledges, encumbrances or liabilities of any nature or kind whatsoever; (yy) the Options are in full
force and effect, and there are no other oral or written agreements or arrangements concerning such Options; and (zz) Optionee
has had the opportunity to, and to the extent desired to do so, has, consulted with counsel of Optionee’s own selection concerning
the substance of this Agreement and the transactions contemplated hereby, including without limitation, the legal, tax and investment
consequences thereof.

 

2.          Cancellation
of Options. Effective as of the Initial Closing, Optionee hereby surrenders to the Company, for cancellation, all of Optionee’s
outstanding Options. Optionee irrevocably agrees that, upon such cancellation, all rights of the Optionee under any Option grant
agreement, employment agreement, or any other agreement with respect to the Options shall be cancelled and terminated.

 

3.          Subject
to Initial Closing. The surrender and cancellation of the Options hereunder is subject to the consummation of the transactions
contemplated in the Securities Purchase Agreement. If the Initial Closing shall not occur for any reason, this Agreement shall,
without further notice, action or deed, be automatically terminated and shall have no effect on the terms or the continuation of
the Options.

 

    	 

    	 

    

 

CIG Wireless
Corp. – Option Cancellation Agreement

 

4.          Release.
The Optionee hereby fully and forever releases and discharges (1) the Company and any of its direct or indirect subsidiaries, (2)
any of the owners of any of the Company or its direct or indirect subsidiaries, (3) any officer, director, employee, consultant,
agent or other representative of any of the foregoing, (4) the Investors, and (5) any successor to any of the aforementioned (collectively
referred to as the “Released Parties”), from any claim, and/or cause of action, that Optionee, the Optionee’s
estate, heirs, beneficiaries, and all other persons having rights under the Options, has with respect to any matter arising from
or related to the Options or the termination thereof, without regard to whether such claim or cause of action is presently known
or knowable. The Optionee hereby agrees to indemnify and hold harmless the Company and each of the Released Parties and their respective
successors and assigns from and against any and all losses (including, without limitation, all reasonable fees, costs, expenses
and disbursements of counsel) incurred in connection with defending any action of Optionee brought to contest this Agreement, or
to revive the Options, or to dispute the validity and irrevocability of the cancellation of the Options hereby.

 

Optionee understands
that in some jurisdictions a general release does not extend to claims which a creditor does not know or suspect to exist in his
favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor.
Notwithstanding the foregoing, Optionee hereby expressly waives and relinquishes all rights and benefits under any such provision
of the law of any applicable jurisdiction to such effect or similar effect with respect to Optionee’s release of any claims
Optionee may have against any of the Released Parties. 

 

5.          Consideration.
Optionee shall be paid the sum of Ten Dollars ($10), the receipt and sufficiency of which is hereby acknowledged.

 

6.          Opportunity
for Review. Optionee hereby acknowledges that Optionee has received and reviewed the Securities Purchase Agreement, that Optionee
has had an opportunity to ask questions of the Company concerning the transactions contemplated therein and in this Agreement,
and that all such questions have been answered to Optionee’s satisfaction.

 

7.          Further
Action. The parties hereto shall execute and deliver all further instruments and documents, provide all information and take
or forbear from all such action as may be necessary or appropriate to accomplish the purposes of this Agreement. Optionee agrees
not to sell, dispose, assign or otherwise transfer the Options, in whole or in part, prior to the Initial Closing.

 

8.          Presumption.
This Agreement or any section thereof shall not be construed against any party due to the fact that said Agreement or any section
thereof was drafted by said party.

 

9.          Titles
and Captions. All article, section and paragraph titles or captions contained in this Agreement are for convenience only and
shall not be deemed part of the context nor affect the interpretation of this Agreement.

 

10.         Notices.
All notices, demands, instructions and other communications required or permitted to be given to or
made upon either party hereto or any other person shall be in writing and shall be personally delivered or sent by registered or
certified mail, postage prepaid, return receipt requested, or by a reputable courier delivery service, or by facsimile (confirmed
by mail), and shall be deemed to be given for purposes of this Agreement on the day that such writing is delivered or sent to the
intended recipient thereof in accordance with the provisions of this section. Unless otherwise specified in a notice sent or delivered
in accordance with the foregoing provisions of this section, notices, demands, instructions and other communications in writing
shall be given to or made upon the respective parties hereto, in the case of the Optionee to the address of record on file
with the Company; and in the case of the Company, to the principal executive office of the Company.

 

    	Page 2 of 5

    	 

    

 

CIG Wireless
Corp. – Option Cancellation Agreement

 

11.         Severability.
Should any provision of this Agreement be held by a court of competent jurisdiction to be unenforceable or invalid for any reason,
the remaining provisions of this Agreement shall not be affected by such holding and shall continue in full force in accordance
with their terms.

 

12.         Assignment;
Successors in Interest. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be
assigned by either of the parties hereto without the prior written content of the other party. Subject to the preceding sentence,
this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties and their respective permitted
successors and assigns.

 

13.         Counterparts.
This Agreement may be executed in several counterparts, each of which shall be deemed to be an original but all of which together
will constitute one and the same instrument. This Agreement may
be delivered via facsimile or scanned “PDF” which shall be an original for all purposes.

 

14.         Entire
Agreement; No Third-Party Beneficiaries. This Agreement constitutes the entire agreement, and supersedes and preempts all prior
agreements, understandings, or representations by or between the parties, whether written or oral. This Agreement cannot be modified,
altered or amended except by a writing signed by all the parties hereto. No waiver by either party hereto of any provision or condition
of this Agreement at any time shall be deemed a waiver of such provision or condition at any prior or subsequent time or of any
other provision or condition at the same or any prior or subsequent time. Nothing in this Agreement, express or implied, is intended
to confer upon any party, other than either party hereto and their respective permitted successors and assigns, any rights or remedies
under or by reason of this Agreement.

 

15.         Governing
Law; Arbitration. This Agreement shall be governed by, and construed in accordance with, the internal laws of the State of
New York without regard to the choice of law principles thereof. Any dispute, claim or controversy arising out of or relating to
this Agreement or the breach, termination, enforcement, interpretation or validity thereof, including the determination of the
scope or applicability of this Agreement to arbitrate, shall be determined by arbitration in the City of New York before a single
arbitrator. The arbitration shall be administered by JAMS pursuant to JAMS’ Streamlined Arbitration Rules and Procedures.
Judgment on any award may be entered in any court having jurisdiction. This clause shall not preclude parties from seeking provisional
remedies in aid of arbitration from a court of appropriate jurisdiction.

 

16.         Acknowledgment.
Optionee acknowledges that all Options, whether vested or unvested, shall be cancelled, and upon cancellation, Optionee shall
forfeit any and all rights in connection with the Options, and all agreements, rights, covenants and obligations under any stock
option agreement, employment agreement, or any other agreement relating to the Options shall terminate with respect to Optionee
and the Company.

 

[Signature Page Follows]

 

    	Page 3 of 5

    	 

    

 

CIG Wireless
Corp. – Option Cancellation Agreement

 

Name of Optionee:

 

Options to be cancelled:

 

IN WITNESS WHEREOF,
the parties hereto have executed this Agreement as of this 1st day of August, 2013.

 

	 	OPTIONEE: 
	 	 
	 	See Schedule I
	 	 
	 	CIG WIRELESS CORP.
	 	 
	 	By:	/s/ Paul McGinn
	 	 	Name: Paul McGinn
	 	 	Title: Chief Executive Officer

 

    	Page 4 of 5

    	 

    

 

CIG Wireless
Corp. – Option Cancellation Agreement

 

List of Optionees

 

Paul McGinn

Gabriel Margent

Gert Rieder

Wuersch & Gering LLP

Grant Barber

 

    	Page 5 of 5

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