Document:

ex10_1.htm

Exdhibit 10.1

 

 

CONSENT OF STOCKHOLDERS IN LIEU OF MEETING

Pursuant to Article I, Section 1.11 of the Bylaws of Accelerated Acquisition XVI, Inc. (the "Corporation"), a Delaware corporation and pursuant to Delaware General Corporation Laws Section 222, the shareholders constituting a majority of the issued and outstanding shares of common stock in the Corporation, hereby execute the following resolutions:

 

1. David Lavoie is hereby appointed a director on the Board of Directors and officer (appointment below) and shall serve as Chairman of the Board pursuant to Article II, Section 2.7, Chief Executive Officer, President, Secretary and Treasurer pursuant to Article IV, Sections 4.5, 4.6, 4.8 and 4.9. Paul D. Lavoie and Eugene Hodgson are appointed as directors pursuant to Article II, Section 2.2.1and Paul D. Lavoie is appointed Vice President of Construction & Development pursuant to Article IV, Section 4.7.

 

2. David Lavoie, as President and Chief Executive Officer, to open any and all checking and/or depository accounts, or securities accounts, and to enter into any other ancillary documents at any other financial institutions, and to have full check writing authority over any financial account; and, to the extent dual signators are required by a particular financial institution, the Board of Directors authorizes Paul D. Lavoie and Eugene Hodgson serve in this capacity as directors.

 

 

3. Certificate of Incorporation of this Corporation dated October 21, 2011 be amended by changing the Article thereof numbered "FIRST" so that, as amended, said Article shall be and read as follows: The name of the Corporation is : Infinity Real Estate Holdings Corporation.

 

4. Certificate of Incorporation of this corporation dated October 21, 2011, shall be amended by changing the Article thereof numbered "FOURTH" so that, as amended, said Article shall be and read as follows: "FOURTH: The total number of shares of stock which the corporation is authorized to issue is 200,000,000 shares of common stock having a ($0.0001) par value and 10,000,000 shares of preferred stock having a ($0.0001) par value."

 

5. Certificate of Incorporation of this corporation dated October 21, 2011, shall be amended by changing the Article thereof numbered “SEVENTH” so that, as amended, said Article shall be and read as follows: "SEVENTH: The name and address of the director of the corporation is David Lavoie c/o, 53 Cranarch Court SE Calgary, AB T3M 0S6."

 

6. The Company authorized Sole Comfort Shoes, Inc. the Company’s majority stockholder to transfer 23,350,000 shares (100% of its holdings) of the Company’s common stock having a ($0.0001) par value to Infinity Financial Group, Inc.  Following the transaction, Infinity Financial Group, Inc. owns approximately 88.61% of the Company’s 26,350,000 issued and outstanding shares of common stock have a ($0.0001) par value.

 

7. The officers of the Company be, and each of them individually is, authorized, empowered and directed to take any and all actions required to carry out the purpose and intent of the foregoing resolutions.

 

 

This consent is executed as of September 3, 2013.

 

 

RESOLVED:

 

 

/s/Onkar Dhaliwal __________

 

Sole Comfort Shoes, Inc.

 

Shareholder

 

 

Onkar Dhaliwal

 

/s/ Timothy Neher____________

Accelerated Venture Partners, LLC.

Shareholder

Timothy Neherex10_2.htm

Exdhibit 10.2

 

RESOLUTIONS OF THE BOARD OF

DIRECTORS OF ACCELERATED ACQUISITION XVI, INC.

 

 

Present:

 

Onkar Dhaliwal (Chairman of the Board)

David Lavoie

Date:

 

September 3, 2013

 

The Board of Directors for Accelerated Acquisition XVI, Inc., a Delaware corporation (the "Corporation") having received the Consent in Lieu of Shareholder Meeting dated September 3, 2013 (the "Shareholder Consent"), take the following action without a meeting pursuant to Article II, Section 2.8 of the Bylaws (all reference to Articles and Sections are related to the corresponding provisions of the Bylaws):

 

RESOLVED, pursuant to Article II, Section 2.2.3 the Company accepts the resignation tendered by Onkar Dhailwal as Chairman, President, Secretary and Treasurer of the Company, effective immediately.

 

RESOLVED, pursuant to Article II, Section 2.2.1, David Lavoie is hereby appointed a director on the Board of Directors and officer (appointment below) and shall serve as Chairman of the Board pursuant to Article II, Section 2.7, Chief Executive Officer, President, Secretary and Treasurer pursuant to Article IV, Sections 4.5, 4.6, 4.8 and 4.9. Paul D. Lavoie and Eugene Hodgson are appointed as directors pursuant to Article II, Section 2.2.1and Paul D. Lavoie is appointed Vice President of Construction & Development pursuant to Article IV, Section 4.7.

 

 

RESOLVED, pursuant to Article VI, Sections 6.1, 6.2 and 6.3, the Board of Directors authorizes David Lavoie, as President and Chief Executive Officer, to open any and all checking and/or depository accounts, or securities accounts, and to enter into any other ancillary documents at any other financial institutions, and to have full check writing authority over any financial account; and, to the extent dual signators are required by a particular financial institution, the Board of Directors authorizes Paul D. Lavoie and Eugene Hodgson to serve in this capacity as directors.

 

RESOLVED, pursuant to Article I, Section 1.1 that the Certificate of Incorporation of this Corporation dated October 21, 2011 be amended by changing the Article thereof numbered "FIRST" so that, as amended, said Article shall be and read as follows: The name of the Corporation is : Infinity Real Estate Holdings Corporation.

 

 

RESOLVED, pursuant to Article I, Section 1.1that the Certificate of Incorporation of this corporation dated October 21, 2011, shall be amended by changing the Article thereof numbered "FOURTH" so that, as amended, said Article shall be and read as follows: "FOURTH: The total number of shares of stock which the corporation is authorized to issue is 200,000,000 shares of common stock having a ($0.0001) par value and 10,000,000 shares of preferred stock having a ($0.0001) par value."

 

 

RESOLVED, pursuant to Article I, Section 1.1that Article that the Certificate of Incorporation of this corporation dated October 21, 2011, shall be amended by changing the Article thereof numbered “SEVENTH” so that, as amended, said Article shall be and read as follows: "SEVENTH: The name and address of the director of the corporation is David Lavoie c/o, 53 Cranarch Court SE Calgary, AB T3M 0S6."

 

  

  

  

 

RESOLVED, pursuant to Article V, Section 5.3 the Company authorized Sole Comfort Shoes, Inc. the Company’s majority stockholder to transfer 23,350,000 shares (100% of its holdings) of the Company’s common stock having a ($0.0001) par value to Infinity Financial Group, Inc.  Following the transaction, Infinity Financial Group, Inc. owns approximately 88.61% of the Company’s 26,350,000 issued and outstanding shares of common stock have a ($0.0001) par value.

 

RESOLVED, that the officers of the Company be, and each of them individually is, authorized, empowered and directed to take any and all actions required to carry out the purpose and intent of the foregoing resolutions.

IN WITNESS WHEREOF, the undersigned has adopted the foregoing resolutions by unanimous written consent on September 3, 2013

/s/ Onkar Dhaliwal ________________

Onkar Dhaliwal, Chairman & CEO

/s/ David Lavoie__________________

David Lavoie, Chairmanex10-1.htm

FOR VALUE RECEIVED, Naked Brand Group Inc., a Nevada corporation (the “Borrower), promises to pay to Alan Aaron or its Assignees (the “Lender”) the Principal Sum along with the Interest Rate and any other fees according to the terms herein. This Note will become effective only upon execution by both parties and delivery of the first payment of Consideration by the Lender (the “Effective Date”).

The Principal Sum is $150,000 (one hundred and fifty thousand) plus accrued and unpaid interest and any other fees. The consideration is $150,000 (one hundred and fifty thousand) payable by wire which shall be paid by the Lender upon closing of this Note. The Maturity Date is 4 months from the Effective Date of receipt of payment (the “Maturity Date”) and is the date upon which the Principal Sum of this Note, as well as any unpaid interest shall be due and payable. Interest will be a one-time charge of 15% or $22,500.

1. Repayment. The Borrower may repay this Note at any time on or before the date of Maturity without penalty. Payments are due as outlined in the Payment Schedule (Exhibit A) during the term of the Note in the amount of $21,562.50 (each a “Regular Repayment”).

2. Additional Consideration. As additional consideration for entering into the Note, the Borrower will issue 100,000 shares of fully paid and non-assessable common stock of the Borrower to the Lender, to be delivered to the Lender within fifteen (15) days of the Effective Date.

3. Piggyback Registration Rights. The Borrower shall include on the next registration statement the Borrower files with the SEC all shares issued in conjunction with this note. Failure to do so will result in liquidated damages of 2% of the outstanding principal balance of this Note being immediately due and payable to the Lender at its election in the form of cash payment or addition to the balance of this Note.

4. Default.  The following are events of default under this Note: (i) Borrower shall fail to pay any principal and interest payment under the Note when due and payable; or (ii) the Borrower generally fails to pay, or admits in writing its inability to pay, its debts as they become due, subject to applicable grace periods, if any; or (iii) the Borrower shall make a general assignment for the benefit of its creditors; or (iv) the Borrower shall file a petition for relief under any bankruptcy, insolvency, or similar law (domestic or foreign); or (v) an involuntary proceeding shall be commenced or filed against the Borrower.

  

  

  

5. Remedies.  In the event of default, the outstanding principal amount of this Note, liquidated damages, fees and other amounts owing in respect thereof shall become, at the Lender’s election, immediately due and payable in cash at the Mandatory Default Amount.  The Mandatory Default Amount consists of (i) the outstanding principal amount of this Note; (ii) any liquidated damages accrued and payable hereunder; (iii) unpaid interest consisting of 15% of the outstanding principal amount; (iv) reimbursement of reasonable attorneys fee and costs.  In addition, in the event of default, the Lender will be entitled to 5,000 shares of fully paid and non-assessable shares of common stock of the Borrower for each Regular Repayment that is not made when due under the terms noted above.

6 Security. The amounts due under this Note will be secured by a personal Guarantee to be entered into between the Borrower, the Guarantor and the Lender pursuant to which the Guarantor will pledge his shares in the Borrower as security for the Borrower’s obligations under this Note.

7. Assignability.  The Borrower shall not assign this Note.  This Note will be binding upon the Borrower and its successors and will accrue to the benefit of the Lender and may be assigned by the Lender to anyone of its choosing without the Borrower’s approval.

8. Governing Law.  This Note will be governed by, and enforced in accordance with the laws of the state of New York.

DATED this 3rd day of September 2013

Borrower:

 

/s/ Alex McAulay                                                      

Alex McAulay

Naked Brand Group Inc.

Chief Financial Officer

Date: September 3, 2013

Lender:

/s/ Alan Aaron                                                                

Alan Aaron

Date: September 3, 2013

  

2

  

Exhibit A

Dates will be prorated to the actual Effective Date. This schedule is prepared with the assumption that Consideration will be received on September 3, 2013.

	
Date

	
Principal

	
Interest

	
Total Payment

	
September 18, 2013

	
$ 18,750

	
$ 2,812.50

	
$ 21,562.50

	
October 3, 2013

	
$ 18,750

	
$ 2,812.50

	
$ 21,562.50

	
October 18, 2013

	
 $ 18,750

	
$ 2,812.50

	
$ 21,562.50

	
November 3, 2013

	
$ 18,750

	
$ 2,812.50

	
$ 21,562.50

	
November 18, 2013

	
$ 18,750

	
$ 2,812.50

	
$ 21,562.50

	
December 3, 2013

	
$ 18,750

	
$ 2,812.50

	
$ 21,562.50

	
December 18, 2013

	
$ 18,750

	
$ 2,812.50

	
$ 21,562.50

	
January 3, 2013

	
$ 18,750

	
$ 2,812.50

	
$ 21,562.50

	
Total payments

	
$ 150,000

	
$ 22,500

	
$ 172,500

  

3

  

 

Exhibit B

US DOLLAR WIRE INSTRUCTIONS

 

INSTRUCTIONS FOR WIRING FUNDS TO CLARK WILSON LLP

 

	
HSBC BANK USA

ONE HSBC CENTER

BUFFALO, NEW YORK  14203

ABA NO.:                                                     021 001 088

SWIFT CODE:                                                     MRMDUS33

ACCOUNT NO.:                                                     000050881

	
 

	
For further credit to:

	
HSBC BANK CANADA

885 WEST GEORGIA STREET

VANCOUVER, BRITISH COLUMBIA

CANADA  V6C 3G1

	
ACCOUNT NAME:                                                     CLARK WILSON LLP

U.S. TRUST ACCOUNT NO.: 491689-002

TRANSIT NO.:   10020

BANK CODE:                                16

SWIFT NO.:                                HKBCCATT

 

PLEASE ALSO INSTRUCT YOUR BANKER TO QUOTE YOUR NAME, NAKED BRAND GROUP INC. AND OUR FILE NO. 29691-0001/VZH

  

4

  

Exhibit C

 

UNITED STATES ACCREDITED INVESTOR QUESTIONNAIRE

 

The purpose of this Unites States Accredited Investor Questionnaire (this “Questionnaire”) is to assure Naked Brand Group Inc. (the “Corporation”) that Alan Aaron will meet certain requirements of Regulation D promulgated under the United States Securities Act of 1933 (the “1933 Act”).  The Corporation will rely on the information contained in this Questionnaire for the purposes of such determination.

 

JMJ understands and agrees that the convertible note (the “Note”) (or the common shares underlying the Note) (collectively, the “Securities”) have been or will be registered under the 1933 Act, or applicable state, provincial or foreign securities laws, and the Securities are being offered and issued to the Finder in reliance upon the exemption provided in Section 4(2) of the 1933 Act and Rule 506 of Regulation D under the 1933 Act for non-public offerings. The Securities offered hereby are not transferable except in accordance with the restrictions described herein.

 

JMJ represents, warrants, covenants and certifies (which representations, warranties, covenants and certifications shall survive the closing of the issuance of the Note) to the Corporation (and acknowledges that the Corporation is relying thereon) that:

 

	
1.  

	
it is not resident in British Columbia;

 

	
2.  

	
it has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of an investment in the Securities and it is able to bear the economic risk of loss of its entire investment;

 

	
3.  

	
it is acquiring the Securities as principal for its own account, for investment purposes only and not with a view to any resale, distribution or other disposition of the Securities in violation of the United States securities laws;

 

	
4.  

	
it (i) has adequate net worth and means of providing for its current financial needs and possible personal contingencies, (ii) has no need for liquidity in this investment, and (iii) is able to bear the economic risks of an investment in the Securities for an indefinite period of time;

 

	
5.  

	
the Finder satisfies one or more of the categories indicated below (please place an “X” on the appropriate lines):

	
___________

	
an organization described in Section 501(c)(3) of the United States Internal Revenue Code, a corporation, a Massachusetts or similar business trust or partnership, not formed for the specific purpose of acquiring the Shares, with total assets in excess of US $5,000,000,

	
___________

	
a “bank” as defined under Section (3)(a)(2) of the 1933 Act or savings and loan association or other institution as defined in Section 3(a)(5)(A) of the 1933 Act acting in its individual or fiduciary capacity; a broker dealer registered pursuant to Section 15 of the Securities Exchange Act of 1934 (United States); an insurance company as defined in Section 2(13) of the 1933 Act; an investment company registered under the Investment Company Act of 1940 (United States) or a business development company as defined in Section 2(a)(48) of such Act; a Small Business Investment Company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958 (United States); a plan with total assets in excess of $5,000,000 established and maintained by a state, a political subdivision thereof, or an agency or instrumentality of a state or a political subdivision thereof, for the benefit of its employees; an employee benefit plan within the meaning of the Employee Retirement Income Security Act of 1974 (United States) whose investment decisions are made by a plan fiduciary, as defined in Section 3(21) of such Act, which is either a bank, savings and loan association, insurance company or registered investment adviser, or if the employee benefit plan has total assets in excess of $5,000,000, or, if a self-directed plan, whose investment decisions are made solely by persons that are accredited investors,

	
___________

	
a private business development company as defined in Section 202(a)(22) of the Investment Advisers Act of 1940 (United States),

	
___________

	
a trust with total assets in excess of $5,000,000, not formed for the specific purpose of acquiring the Securities, whose purchase is directed by a sophisticated person as described in Rule 506(b)(2)(ii) under the 1933 Act, or

	
___________

	
an entity in which all of the equity owners satisfy the requirements of one or more of the categories of accredited investor as set out in Regulation D;

 

	
6.  

	
it has not purchased the Securities as a result of any form of general solicitation or general advertising, including advertisements, articles, notices or other communications published in any newspaper, magazine or similar media or broadcast over radio, internet, television or other form of telecommunications, or any seminar or meeting whose attendees have been invited by general solicitation or general advertising;

 

	
7.  

	
if JMJ decides to offer, sell or otherwise transfer any of the Securities, it will not offer, sell or otherwise transfer any of such Securities directly or indirectly, unless:

 

	
(a)  

	
the sale is to the Corporation,

 

	
(b)  

	
the sale is made outside the United States in a transaction meeting the requirements of Rule 904 of Regulation S under the 1933 Act and in compliance with applicable local laws and regulations in which such sale is made;

 

	
(c)  

	
the sale is made pursuant to the exemption from the registration requirements under the 1933 Act provided by Rule 144 thereunder and in accordance with any applicable state securities or “blue sky” laws, or

 

	
(d)  

	
the Securities are sold in a transaction that does not require registration under the 1933 Act or any applicable state laws and regulations governing the offer and sale of securities, and

 

	
(e)  

	
it has prior to such sale pursuant to subsection (c) or (d) furnished to the Corporation an opinion of counsel of recognized standing reasonably satisfactory to the Corporation, to such effect;

 

	
8.  

	
it understands and acknowledges that upon the issuance thereof, and until such time as the same is no longer required under the applicable requirements of the 1933 Act or applicable U.S. state laws and regulations, the certificates representing the Securities, and all securities issued in exchange therefor or in substitution thereof, will bear a legend (in addition to the legends required by Canadian securities laws) in substantially the following form:

 

“THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “U.S. SECURITIES ACT”).  THE HOLDER HEREOF, BY PURCHASING SUCH SECURITIES, AGREES FOR THE BENEFIT OF NAKED BRAND GROUP INC. (THE “ISSUER”) THAT SUCH SECURITIES MAY BE OFFERED, SOLD OR OTHERWISE TRANSFERRED ONLY (A) TO THE ISSUER; (B) OUTSIDE THE UNITED STATES IN ACCORDANCE WITH RULE 904 OF REGULATION S UNDER THE U.S. SECURITIES ACT OR (C) IN ACCORDANCE WITH THE EXEMPTION FROM REGISTRATION UNDER THE U.S. SECURITIES ACT PROVIDED BY RULE 144 THEREUNDER, IF AVAILABLE, AND IN COMPLIANCE WITH ANY APPLICABLE STATE SECURITIES LAWS; OR (D) IN A TRANSACTION THAT DOES NOT REQUIRE REGISTRATION UNDER THE U.S. SECURITIES ACT OR ANY APPLICABLE STATE SECURITIES LAWS, AND, IN THE CASE OF PARAGRAPH (C) OR (D), THE SELLER FURNISHES TO THE ISSUER AN OPINION OF COUNSEL OF RECOGNIZED STANDING IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER TO SUCH EFFECT. ”

 

	
9.  

	
it consents to the Corporation making a notation on its records or giving instructions to any transfer agent of the Corporation in order to implement the restrictions on transfer set forth and described in this Questionnaire; and

 

	
10.  

	
it is resident in the United States of America, its territories and possessions or any state of the United States or the District of Columbia (collectively the “United States”), is a “U.S. Person” as such term is defined in Regulation S of the 1933 Act or was in the United States at the time the securities were offered or the Agreement was executed.

 

IN WITNESS WHEREOF, the undersigned has executed this Questionnaire as of the ___ day of ______________, 2013.

 

 

______________________________________________

Alan Aaron

Name of Authorized Signatory

 

______________________________________________

Signature of Authorized Signatory

 

  

5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00221-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00221-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00221-of-00352.parquet"}]]