Document:

EXCLUSIVE LICENSE AGREEMENT

 

THIS EXCLUSIVE LICENSE AGREEMENT (this
“Agreement”) is entered into this 4th day of June 2013 (the “Effective Date”), between PSYKO AUDIO LABS,
a Canadian corporation (“PSYKO”) and EXEO ENTERTAINMENT, INC., a Nevada corporation (“Licensee).

 

RECITALS

 

WHEREAS PSYKO has created, developed and
manufactures true 5.1 surround sound headphones for use in the video gaming space gaming and related intellectual properties, documentation,
patents and materials more particularly described on Exhibit “A” attached hereto (the “PSYKO Products”);
and

 

WHEREAS PSYKO desires to grant to Licensee
an exclusive license to develop, manufacture, distribute, market, advertise, sublicense and otherwise commercially exploit the
PSYKO 5.1 surround sound products - within the “video gaming” segment throughout the Territory (as described below)
upon the terms and conditions set forth herein.

 

AGREEMENT

 

1.          GRANT
OF RIGHTS. Subject to the terms of Paragraph 5 below, PSYKO hereby grants to Licensee an exclusive, perpetual, non-transferable
right and license throughout the Territory to develop, manufacture, distribute, market, advertise and sublicense the PSYKO Products,
within the video gaming segment, throughout the Territory during the Term

 

2.          TERM.
The term of this Agreement shall commence upon the date hereof and shall continue in perpetuity so long as the Licensee remains
in compliance with all material terms of this Agreement, or unless mutually terminated by the parties (the “Term”).
In the event of a breach of this Agreement, Licensee shall be given 60 days to cure any such breach. If such breach is not cured
within said 60-day period then the Agreement shall expire and termination shall be PSYKO’s sole and exclusive remedy in the
event of any such breach, other than if breach by Licensee is due to lack of payments of amounts due by Licensee to PSYKO, in which
case the amounts due remain payable by Licensee to PYSKO.

 

3.          TERRITORY.
The territory shall be the World (the “Territory”).

 

4.          LICENSE
FEE. Licensee agrees to pay any expenses related to moving the PSYKO manufacturing facilities in Shenzhen China to a lower
cost per unit manufacturer. Licensee agrees to complete this process as soon as a suitable facility has been identified and no
later than 9 months from the execution of this agreement.

 

5.          ROYALTY/AUDIT
RIGHTS. Licensee hereby agrees to pay a royalty equal to 5% of any and all gross revenue, less returns and allowances, generated
from the commercial exploitation of the PSYKO Products (the “Royalty”). The Royalty shall be paid on a quarterly basis, 15
days after the end of each quarter, according to the schedule in Section 13.

 

	Sales Period 	Payment Date
	Oct 1 - Dec 31 	Jan 15
	Jan 1 - Mar 31 	April 15
	April 1 - June 30 	July 15
	July 1 - Sept 30 	Oct 15

 

4478 Wagon Trail Ave • Las Vegas, NV
89118 • Phone 702-361-3188 • Fax 702-361-4359

 

    	 

    	 

    

 

	ROBERT AMARAL

 

For purposes of this Agreement, a “sale”
shall be considered to have taken place upon the shipment of any PSYKO Product and the creation of an invoice. The Royalty shall
be due and payable based upon any such sale whether or not such funds have actually been collected or received by Licensee. In
case of any breach of this Agreement Licensee shall continus to owe Psyko for Royalty for product sold before and after any breach.

 

5.1          Prepayment of
Royalties. Exeo Entertainment, Inc. hereby agrees to make a one-time non-refundable payment of $50,000 upon execution of this
agreement to be applied against future royalties in the following manner:

 

a. For the first 5 (five)
quarters that payments are owed $10,000 shall be discounted from the initial amount owed (thus adding up to the $50,000
initial payment).

 

Once every twelve (12) months, PSYKO shall
have the right, at its own cost and expense, to inspect and audit the books and accounting records of Licensee related to products
sales, licensing, fee for services, contracts for sale of products including all renewals and modifications to verify proper distribution
and payment for Royalties paid out and disbursed by Licensee on a monthly basis. Such inspection shall be made by an outside independent
Certified Public Accountant, upon reasonable written notice during normal business hours of normal business days. In the event
such audit reveals a discrepancy in favor of PSYKO in excess of 5%, Licensee shall bear the cost of the audit.

 

PSYKO shall have the right to have its
representative inspect the factory production and storage facilities at any time.

 

6.          PRODUCT
FOR MARKET. Licensee shall market all PSYKO Products upon mutually acceptable pricing schedule for each of the PSYKO Products
to be provided by PSYKO upon the execution of this Agreement. Except as otherwise provided in this Agreement, no ownership of any
intellectual property rights to any PSYKO Products or services are conveyed to Licensee under this Agreement, and all PSYKO Products
and any and all intellectual property rights thereto shall remain the sole and exclusive property of PSYKO.

 

Tools, materials and information provided
by PSYKO remain the property of PSYKO. Examples include, but are not limited to, intellectual property, data, designs, trademarks,
tooling and production tooling and equipment.

 

7.          MARKETING
COSTS, EXPENSES AND PACKAGING. Except as otherwise set forth in this Agreement, Licensee shall be responsible for all of its
development and marketing costs and related expenses.

 

8.          MANUFACTURE,
WARRANTY, MAINTENANCE AND SUPPORT. Licensee hereby agrees to manufacture, service and warrant all PSYKO Products. Licensee
warrants all products marketed or distributed by Licensee and Licensee’s customers shall be covered under Licensee's established
warranty policies, as amended from time to time. Licensee also agrees to maintain and support the PSYKO Products. PSYKO shall provide
upgrades, modifications and enhancements to Licensee and its customers at PSYKO’s sole cost and expense. However, in the
event PSYKO does not have sufficient funds, or is otherwise unable to provide such upgrades, modifications and enhancements, Licensee
shall have the right to undertake such upgrades, modifications and enhancements at its own expense. PSYKO shall incur no obligation
to warrant, support or maintain any of the PSYKO Products marketed or distributed by Licensee. For purposes of this paragraph,
“Licensee’s customers” shall include Licensee’s direct customers or end-users, and any sub-distributor,
sub-marketers of Licensee and the customers or end-users, or any end-users of any such sub-distributor or sub-distributor.

 

    	2

    	 

    

 

	ROBERT AMARAL

 

9.          RIGHT
OF FIRST REFUSAL. Licensee shall have the right of first refusal on any and all products, or intellectual property PSYKO develops
in the future related to video gaming PSYKO is under no obligation to develop future products. Licensee shall exercise its first
refusal right by notifying PSYKO in writing no later than 10 days after PSYKO has informed Licensee in writing of the availability
of any such future products, the terms on which such products are offered and what the royalty rate will be for such products.

 

10.         TECHNOLOGY
ESCROW. No later than 30 days from the date of this Agreement, PSYKO shall enter into a technology escrow agreement with a
reputable escrow company for the benefit of Licensee with respect to the PSYKO Products, so as to protect Licensee and its rights
herein in the event of the insolvency of PSYKO. Such technology escrow agreement will be in a form acceptable to Licensee and PSYKO.
Costs associated with setting up and maintaining the technology escrow will be paid by Licensee.

 

11.         REPRESENTATIONS
AND WARRANTIES OF PSYKO. PSYKO represents and warrants to Licensee that it is a corporation duly incorporate and in good standing
in Alberta, Canada, owns all right, title and interest in and to the PSYKO Products, has full authority to enter into this Agreement
and effectuate the transactions contemplated hereunder, and that executing this Agreement shall not infringe upon any third party
right.

 

12.         REPRESENTATIONS
AND WARRATIES OF LICENSEE. Licensee represents and warrants to PSYKO that it is a corporation duly incorporated and in good
standing in the State of Nevada, has obtained any and all necessary approvals, and has the authority to enter into this Agreement.

 

13.         ROYALTY
PAYMENTS. Licensee hereby agrees to pay the following minimum royalty amounts. If sales in any quarter are above these minimums
the full royalty amount is due.

 

Royalty payments are due 15 days after
the end of each calendar quarter. Minimum royalty amounts ramp up according to the following schedule. After the last date listed
the last quarterly minimum amount continues.

 

	Time Period

(3 months ending)	Minimum Performance

Requirement	Amount owed after

credit from initial

payment	Date Due
	September 30, 2013	S0	S0	Oct 15, 2013
	December 31, 2013	CDNS20,000	CDNS10,000	Jan 15, 2014
	March 31, 2014	CDNS30,000	CDNS20,000	April 15, 2014
	June 30, 2014	CDNS40,000	CDNS30,000	July 15, 2014
	September 30, 2014	CDNS50,000	CDNS40,000	Oct 15, 2014
	December 31, 2014	CDNS75,000	CDNS65,000	Jan 15, 2015
	March 31, 2015	CDNS100,000	CDNS100,000	April 15, 2015
	June 30, 2015	CDNS100,000	CDNS100,000	July 15, 2015
	Each quarter after June 30, 2015	CDNS100,000	CDNS100,000	15 days after quarter end

 

14.         GENERAL

 

14.1         Governing
Law and Venue. This Agreement shall be governed and interpreted in accordance with the laws of the state of Nevada without
regard to principles of conflict of laws. Nevada courts (state or federal) will have the exclusive jurisdiction over any controversies
regarding this Agreement; any action or other proceeding which involves such a controversy will be brought in such Nevada courts
and not elsewhere.

 

    	3

    	 

    

 

	ROBERT AMARAL

 

14.2         Assignment.
Neither party shall assign any of its rights or obligations under this Agreement other than with prior written consent of the other,
to an entity owning or acquiring all or substantially all of its stock or assets. Neither Psyko nor Licensee shall unreasonably
withhold their consent to said parties notice and request to assignment of their rights.

 

14.3         Publicity;
Licensee Marks. In no event shall PSYKO or Licensee publish or otherwise release any press release or other article, announcement
or publication concerning this Agreement or the subject matter related hereto without first obtaining the other party’s written
approval thereof, and to the content and timing thereof, which approval may be given in its sole discretion. In no event shall
PSYKO or Licensee use any trademark, service mark, or trade name of the other party without the prior written approval of the rights-
holder in such trademark, service mark, or trade name.

 

14.4         Remedies.
To the extent permitted by applicable law, the rights and remedies of the Parties provided under this Agreement are cumulative,
and the exercise or failure to exercise any particular right or remedy will not be in limitation of any other right or remedy,
whether hereunder, at law or equity or by contract.

 

14.5         Confidentiality.
Each party shall use its reasonable efforts to (i) keep confidential the terms of this Agreement and all other information
obtained from the other party pursuant to this Agreement, provided that such terms and/or information are identified, in
writing, as confidential, (ii) keep confidential all information which is specifically designated in writing as “trade
secret” for so long as the information remains secret, and (iii) not divulge to or discuss with any third parties the
results of any testing and/or evaluation of the PSYKO Products which Licensee may carry out under this Agreement. All
business terms of this Agreement are to be considered as confidential. Except as otherwise specified in section (ii) of this
Section 14.5, these obligations shall survive for a period of two (2) years following the date of the termination of the
Term, but such obligations shall not apply to information already known to the recipient at the time of disclosure and not
subject to terms of confidentiality, independently developed by the recipient, or otherwise generally publicly available.
Notwithstanding anything to the contrary contained in this Section 14.5, it shall not be deemed to be a breach of this
Section 14.5 or of this Agreement if either party is required to disclose confidential information pursuant to: (a) any
statute, regulation, order, subpoena or  document discovery request, provided that, if allowed by applicable law, prior
written notice of such disclosure is furnished to the disclosing party as soon as practicable in order to afford
the disclosing party an opportunity to seek a protective order (it being agreed that if the disclosing party is unable to
obtain or does not seek a protective order and the receiving party is legally compelled to disclose such information,
disclosure of such information may be made without liability); or (b) in connection with an audit or review by any taxing
authority, provided that, if allowed by applicable law, prior written notice of the request thereof is furnished to
disclosing party.

 

14.6         Entire
Agreement. This Agreement constitutes the entire agreement between the parties, and supersedes any and all prior written or
oral agreement or understanding relating to the same subject matter. No change to this Agreement will be effective unless made
in writing and signed by both parties.

 

14.7         Headings.
The use of headings in each Section of this Agreement is for convenience only and will have no legal effect whatsoever.

 

    	4

    	 

    

 

	ROBERT AMARAL

 

IN WITNESS WHEREOF, this Agreement is entered
into this 10th day of June, 2013 and Licensee acknowledges that the Agreement is subject to the approval of the Psyko board of
directors which approval shall be communicated to Licensee upon such approval having been obtained from the Psyko board of directors.

 

	PSYKO AUDIO LABS,	 	EXEO ENTERTAINMENT, INC.,
	 	 	 
	an Alberta corporation	 	a Nevada corporation
	 	 	 
	By:	 	 	By:	/s/ Robert Scott Amaral
	 	 	 	 	 
	Kip Fyfe Chairman of the Board	 	 	Robert Scott Amaral, CEO
	 	 	 
	By:	 	 	 
	 	 	 	 
	Werner Gartner	 	 

 

    	5

    	 

    

 

	ROBERT AMARAL

 

EXHIBIT A

 

Description of PSYKO Products and intellectual
property

 

PsykoTM name as it relates to the actual product, i.e.
the Psyko Carbon or the Psyko Krypton.

 

Patent (US # 8.000.486            )
for the delivery of 5.1 surround sound through headphones.

 

Tooling for the manufacturing of the Krypton and Carbon headphones.

 

Engineering (Solid Works) files on the Carbon, Krypton, and
Dolby converter box.

 

Prototypes, and related design documentation for Dolby converter
box

 

Psyko Krypton – all associated patents, copyrights, trademarks,
trade names, service marks, CAD files,

 

Psyko Carbon – all associated patents, copyrights trade
names, trademarks, service marks, CAD files,

 

Converter Box - all associated patents, copyrights trade
names, trademarks, service marks, design documentation, prototypes,

 

    	6EXCLUSIVE
LICENSE AGREEMENT

 

THIS EXCLUSIVE
LICENSE AGREEMENT (this “Agreement”) is entered into this 25th day of May, 2011 (the “Effective Date”),
between DIGITAL EXTREME TECHNOLOGIES, INC., a Delaware corporation (“DXT”) and EXEO ENTERTAINMENT, INC., a Nevada corporation
(“Licensee).

 

RECITALS

 

WHEREAS DXT
has created, developed and owns certain gaming technology products and related intellectual properties, documentation, domain names
and materials more particularly described on Exhibit “A” attached hereto (the “DXT Products’’); and

 

WHEREAS DXT
desires to grant to Licensee an exclusive license to develop, manufacture, distribute, market, advertise, sublicense and otherwise
commercially exploit the D XT Products throughout the Territory (as described below) upon the terms and conditions set forth herein.

 

AGREEMENT

 

1.          GRANT
OF RIGHTS. Subject to the terms of Paragraph 5 below. DXT hereby grants to Licensee an exclusive, perpetual, non-transferable
right and license throughout the Territory to develop, manufacture, distribute, market, advertise and sublicense the DXT Products
throughout the Territory during the Term

 

2.          TERM.
The term of this Agreement shall commence upon the date hereof and shall continue in perpetuity so long as the Licensee remains
in compliance with all material terms of this Agreement, or unless mutually terminated by the parties (the “Term”).
In the event of a breach of this Agreement, Licensee shall be given 60 days to cure any such breach. If such breach is not cured
within said 60 day period then the Agreement shall expire and termination shall be DXT’s sole and exclusive remedy in the
event of any such breach.

 

3.          TERRITORY.
The territory shall be the World (the “Territory”).

 

4.          LICENSE
FEE. DXT hereby agrees to waive any initial licensing fee in consideration of Licensee’s agreement to
complete product development on the Extreme Garner and Black Widow Keyboard. Licensee agrees to complete product development
on (i) the Extreme Gamer no later than 12 months from the date of this Agreement, and (ii) the Black Widow Keyboard no later
than 18 months from the date of this Agreement. For purposes of this Agreement, “Completion of Product
Development” is defined as complete working units capable of being mass produced, including, but not limited to, all
hardware, software, design documentation, packaging and UPC codes.

 

4478
Wagon Trail Ave

Las
Vegas, NV 89118

 

    	1

    	 

    

 

5.          ROYALTY/AUDIT
RIGHTS. Licensee hereby agrees to pay a royalty equal to 5% of any and all gross revenue generated from the commercial exploitation
of the DXT Products (the ‘‘Royalty”). The Royalty shall be paid on a monthly basis commencing 30 days after the
initial sale of any DXT Product, and on the same date of each month thereafter. For purposes of this Agreement, a “sale”
shall be considered to have taken place upon the shipment of any DXT Product and the creation of an invoice. The Royalty shall
be due and payable based upon any such sale whether or not such funds have actually been collected or received by Licensee. Further,
in the event Licensee fails to complete the development of the DXT Products within the timeframes set forth in this Paragraph 4,
Licensee shall pay to DXT an additional monthly royalty of 0.25% upon the commencement of the sale of any DXT Products. Once every
twelve (12) months, DXT shall have the right, at its own cost and expense, to inspect and audit the books and accounting records
of Licensee related to products sales, licensing, fee for services, contracts for sale of products including all renewals and modifications
to verify proper distribution and payment for Royalties paid out and disbursed by Licensee on a monthly basis. Such inspection
shall be made by an outside independent Certified Public Accountant, upon reasonable written notice during normal business hours
of normal business days. In the event such audit reveals a discrepancy in favor of DXT in excess of 5%, Licensee shall bear the
cost of the audit.

 

6.          PRODUCT
FOR MARKET. Licensee shall market all DXT Products upon mutually acceptable pricing schedule for each of the DXT Products to
be provided by DXT upon the execution of this Agreement. Except as otherwise provided in this Agreement, no ownership of any intellectual
property rights to any DXT Products or services are conveyed to Licensee under this Agreement, and all DXT Products and any and
all intellectual property rights thereto shall remain the sole and exclusive property of DXT.

 

7.          MARKETING
COSTS. EXPENSES AND PACKAGING. Except as otherwise set forth in this Agreement, Licensee shall be responsible for all of its
development and marketing costs and related expenses. Licensee further agrees to utilize the DXT logo on any and all packaging
for the Extreme Gamer, the Black Widow, or the Reality Pro and to acknowledge via the use of words such as: by, or in cooperation
with, that clearly illustrate that the DXT Products were a combined effort of both DXT and Licensee. DXT has the right, in its
sole discretion, to review and approve any and all use of its corporate logo, trademarks, service marks or associations between
Licensee and DXT prior to use by Licensee.

 

8.          MANUFACTURE.
WARRANTY. MAINTENANCE AND SUPPORT. Licensee hereby agrees to manufacture, service and warrant all DXT Products. DXT warrants
that it is the sole manufacture of its software products. Licensee warrants all products marketed or distributed by Licensee and
Licensee’s customers shall be covered under Licensee’s established warranty policies, as amended from time to time.
Licensee also agrees to maintain and support the DXT Products. DTX shall provide upgrades, modifications and enhancements to Licensee
and its customers at DXT’s sole cost and expense. However, in the event DXT does not have sufficient funds, or is otherwise
unable to provide such upgrades, modifications and enhancements. Licensee shall have the right to undertake such upgrades, modifications
and enhancements at its own expense. DXT shall incur no obligation to warrant, support or maintain any of the DXT Products marketed
or distributed by Licensee. For purposes of this paragraph, “Licensee’s customers” shall include Licensee’s
direct customers or end-users, and any sub- distributor, sub-marketers of Licensee and the customers or end-users, or any end-users
of any such sub-distributor or sub-distributor.

 

4478
Wagon Trail Ave

Las
Vegas, NV 89118

 

    	2

    	 

    

 

9.          RIGHT
OF FIRST REFUSAL. Licensee shall have the right of first refusal on any and all products DXT develops in the future. DXT is
under no obligation to develop future products. Licensee shall exercise its first refusal right by notifying DXT in writing no
later than 10 days after DXT has informed Licensee in writing of the availability of any such future products.

 

10.          TECHNOLOGY
ESCROW. No later than 30 days from the date of this Agreement, DXT shall enter into a technology escrow agreement with a reputable
escrow company for the benefit of Licensee with respect to the DXT Products, so as to protect Licensee and its rights herein in
the event of the insolvency of DXT. Such technology escrow agreement will be in a form acceptable to Licensee.

 

11.          REPRESENTATIONS
AND WARRANTIES OF DXT. DXT represents and warrants to Licensee that it is a corporation duly incorporate and in good standing
in the State of Delaware, owns all right, title and interest in and to the DXT Products, has full authority to enter into this
Agreement and effectuate the transactions contemplated hereunder., and that executing this Agreement shall not infringe upon any
third party right.

 

12.          REPRESENTATIONS
AND WARRATIES OF LICENSEE. Licensee represents and warrants to DXT that it is a corporation duly incorporate and in good standing
in the State of Nevada, has obtained any and all necessary approvals, and has the authority to enter into this Agreement.

 

13.          GENERAL.

 

13.1          Governing
Law and Venue. This Agreement shall be governed and interpreted in accordance with the laws of the State of Nevada without
regard to principles of conflict of laws. Nevada courts (state or federal) will have the exclusive jurisdiction over any controversies
regarding this Agreement; any action or other proceeding which involves such a controversy will be brought in such Nevada courts
and not elsewhere.

 

13.2          Assignment.
Neither party shall assign any of its rights or obligations under this Agreement other than with prior written consent of the other,
to an entity owning or acquiring all or substantially all of its stock or assets. Neither DXT nor Licensee shall unreasonably withhold
their consent to said parties’ notice and request to assignment of their rights.

 

4478
Wagon Trail Ave

Las
Vegas, NV 89118

 

    	3

    	 

    

 

13.3          Publicity;
Licensee Marks. In no event shall DXT or Licensee publish or otherwise release any press release or other article, announcement
or publication concerning this Agreement or the subject matter related hereto without first obtaining the other party’s written
approval thereof, and to the content and timing thereof, which approval may be given in its sole discretion. In no event shall
DXT or Licensee use any trademark, service mark, or trade name of the other party without the prior written approval of the rights-holder
in such trademark, service mark, or trade name.

 

13.4          Remedies.
To the extent permitted by applicable law, the rights and remedies of the Parties provided under this Agreement are cumulative,
and the exercise or failure to exercise any particular right or remedy will not be in limitation of any other right or remedy,
whether hereunder, at law or equity or by contract.

 

13.5          Confidentiality.
Each party shall use its reasonable efforts to (i) keep confidential the terms of this Agreement and all other information obtained
from the other party pursuant to this Agreement, provided that such terms and/or information are identified, in writing, as confidential,
(ii) keep confidential all information which is specifically designated in writing as “trade secret” for so long as
the information remains secret, and ( iii) not divulge to or discuss with any third parties the results of any testing and/or evaluation
of the DXT Products which Licensee may carry out under this Agreement. All business terms of this Agreement are to be considered
as confidential. Except as otherwise specified in section (ii) of this Section 13.5, these obligations shall survive for a period
of two (2) years following the date of the termination of the Term, but such obligations shall not apply to information already
known to the recipient at the time of disclosure and not subject to terms of confidentiality, independently developed by the recipient,
or otherwise generally publicly available. Notwithstanding anything to the contrary contained in this Section 13.5, it shall not
be deemed to be a breach of this Section 13.5 or of this Agreement if either party is required to disclose confidential information
pursuant to: (a) any statute, regulation, order, subpoena or document discovery request, provided that, if allowed by applicable
law . prior written notice of such disclosure is furnished to the disclosing party as soon as practicable in order to afford the
disclosing party an opportunity to seek a protective order (it being agreed that if the disclosing party is unable to obtain or
does not seek a protective order and the receiving party is legally compelled to disclose such information, disclosure of such
information may be made without liability); or (b) in connection with an audit or review by any taxing authority, provided that,
if allowed by applicable law, prior written notice of the request thereof is furnished to disclosing party.

 

13.6          Entire Agreement. This Agreement constitutes the entire agreement between the parties, and supersedes any and all prior
written or oral agreement or understanding relating to the same subject matter. No change to this Agreement will be effective unless
made in writing and signed by both parties.

 

13.7          Headings. The use of headings in each Section of this Agreement is for convenience only and will have no legal effect whatsoever.

 

4478
Wagon Trail Ave

Las
Vegas, NV 89118

 

    	4

    	 

    

 

IN WITNESS
WHEREOF, this Agreement is entered into this 25th day of May, 2011.

 

	DIGITAL EXTREME TECHNOLOGIES,	 	EXEO ENTERTAINMENT, INC.,
	INC., a Delaware corporation	 	a Nevada corporation
	 	 	 	 	 
	By:	/s/ Jeffrey Weiland	 	By:	/s/ Robert Scott Amaral
	 	Jeffrey Weiland, President	 	 	Robert Scott Amaral, CEO

 

4478
Wagon Trail Ave

Las
Vegas, NV 89118

 

    	5

    	 

    

 

EXHIBIT
A

 

Description
of DXT Products

 

Extreme
Gamer –  all associated patents, copyrights, trademarks, trade names, service marks, acquisition of any and all design
documentation including: prototypes, beta units, any work in process, CAD files, portfolios, marketing materials, and the
rights to patent “Multi Video Game Changer #20100048306” Also to include any prospective customer lists,
marketing research, business, marketing, manufacturing, distribution, or operational plans, including the following domain
names:

 

www.digitalextremegamer.com

www.digitalextremegamer.info

 

Black
Widow Keyboard –  all associated patents, copyrights trade names, trademarks, service marks, design documentation,
prototypes, any and all marketing materials, prospective customer lists, marketing research, business, marketing,
manufacturing, distribution, or operational plans.

 

Reality
Pro –  all associated patents, copyrights, trade names, trademarks, service marks, design documentation, prototypes,
any and all marketing materials, prospective customer lists, marketing research, business, marketing, manufacturing,
distribution, or operational plans, and including the following domains:

 

www.motionsimpro.com

www.motionsimpro.net 

www.vrealitypro.com 

www.vrealitypro.net 

www.vr-forum.com

 

4478
Wagon Trail Ave

Las
Vegas, NV 89118

 

    	6

    	 

    

 

Modification
Dated Effective May 24, 2012

 

In reference to the Exclusive
License Agreement (the “Agreement”) dated May 25, 2011
between Exeo Entertainment, Inc., a Nevada corporation (the “Company” or “Licensee”) and Digital Extreme
Technologies, Inc., a Nevada corporation (“DXT” or “Licensor”), the Parties agree to modify such Agreement
as follows:

 

Section 4 License Fee:

Current language: Licensee
agrees to complete product development on (i) the Extreme Gamer no later than 12 months from the date of this Agreement, and (ii)
the Black Widow Keyboard no later than 18 months from the date of this Agreement.

 

Replace with the following
language: Licensee agrees to complete product development on (i) the Extreme Gamer no later than 24 months from the date of
this Agreement, and (ii) the Black Widow Keyboard no later than 30 months from the date of this Agreement.

 

IN WITNESS WHEREOF the undersigned
have executed this Agreement as of the day and year first written above.

 

	EXEO Entertainment, Inc.	 	 
	Scott Amaral	 	 
	 	 	 	 
	By:	/s/ Scott Amaral	 	November 30, 2012
	 	 	 	 
	Its:	CEO	 	 
	 	 	 	 
	Jeff Weiland	 	 
	 	 	 	 
	By:	/s/ Jeff Weiland	 	November 30, 2012
	 	 	 	 
	Its:	President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00220-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00220-of-00352.parquet"}]]