Document:

EXHIBIT 10.3

ASSIGNMENT AND ASSUMPTION OF PURCHASE
AND SALE AGREEMENT

This Assignment and Assumption
of Purchase and Sale Agreement (this “Assignment”) is made as of the 18th day of July, 2017 by and between PLYMOUTH
INDUSTRIAL REIT, INC., a Maryland corporation, having an address at 260 Franklin Street - 6th Floor Boston, MA 02109 (“Assignor”)
and PLYMOUTH SOUTH BEND LLC, a Delaware limited liability company having an address at c/o Plymouth Industrial REIT, Inc., 260
Franklin Street- 6th Floor Boston, MA 02109 (“Assignee”).

W I T N E S S E T H

 

WHEREAS, Assignor and REW,
L.L.C., an Indiana limited liability company and W Partners, LLC, an Indiana limited liability company (collectively, the “Seller”)
are parties to that certain Purchase and Sale Agreement and Escrow Instructions dated as of June 19, 2017, as amended by that certain
First Amendment to Purchase and Sale Agreement, dated as of July 17, 2017 (collectively, the “Contract”), pursuant
to which Seller has agreed to sell and Assignor has agreed to purchase that certain real property and improvements thereon located
in South Bend, Indiana, as more particularly described in the Contract, upon the terms and conditions contained in the Contract;

WHEREAS, pursuant to Section
17 of the Contract, Assignor has the right to assign all of its right, title and interest under the Contract to one or more
of its affiliates; and

WHEREAS, Assignee is an
affiliate of Assignor; and

WHEREAS, Assignor desires
to assign to Assignee, and Assignee desires to acquire, all of the right, title and interest of Assignor under the Contract.

NOW, THEREFORE, for and
in consideration of the premises and the mutual covenants herein contained and other good and valuable consideration in hand paid
by Assignee to Assignor, the receipt and sufficiency of which are hereby acknowledged, Assignor and Assignee hereby agree as follows:

		1.	The foregoing recitals hereby are incorporated into this Assignment and made a part hereof.

		2.	Assignor hereby transfers, assigns and conveys to Assignee all of Assignor’s right, title
and interest under the Contract.

		3.	Assignee hereby accepts the foregoing assignment, and hereby assumes and covenants to perform all
duties and obligations of Assignor under the Contract.

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		4.	Notwithstanding this Assignment, pursuant to Section 17 of the Contract, as between Assignor
and Seller, Assignor shall remain fully liable and responsible for the performance of Assignor’s obligations under the Contract
prior to Closing.

		5.	Assignor hereby releases all claims to the Deposit (as defined in the Contract) made by Assignor
under the Contract, and assigns such claims to Assignee.

		6.	This Assignment shall inure to the benefit of, and be binding upon, Assignor and Assignee and their
respective heirs, personal representatives, successors and assigns.

		7.	Each of the parties hereto represents and warrants to the other that the person executing this
Assignment on behalf of such party has the full right, power and authority to enter into and execute this Assignment on such party’s
behalf and that no consent from any other person is necessary as a condition precedent to the legal effect of this Assignment.

		8.	This is the entire agreement between the parties hereto, and may not be amended or modified in
any manner without the written approval of the parties hereto.

		9.	This Assignment may be executed in multiple counterpart copies, all of which shall be deemed originals,
but which will evidence one and the same instrument.

 

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IN WITNESS WHEREOF, the parties
hereto have executed this Assignment under seal as of the date first set forth above.

 

ASSIGNOR

 

PLYMOUTH INDUSTRIAL REIT, INC.,

a Maryland Corporation

 

 

By: /s/ Pendleton P. White, Jr.    

Name: Pendleton P. White, Jr.

Title: President

 

ASSIGNEE

 

PLYMOUTH SOUTH BEND LLC,

a Delaware limited liability company

 

 

By: /s/ Pendleton P. White, Jr.    

Name: Pendleton P. White, Jr.

Title: Authorized Signatory

 

 

 

 

    3bvtk_ex109.htm

EXHIBIT 10.9

 

CONSULTING AGREEMENT

 

This Consulting Agreement (the “Agreement”) dated this 1st day of December, 2015 between Bravatek Solutions, Inc., a Colorado corporation doing business as Bravatek Solutions, Inc. (the “Company”) and Deborah King (the “Consultant”).

 

BACKGROUND:

 

	
 
	A.	The Company is of the opinion that the Consultant has the necessary qualifications, experience and abilities to provide services to the Company.
	
 
	
 
	
 

	
 
	B.	Consultant agrees to provide such services to the Company on the terms and conditions set out in this agreement.

  

IN CONSIDERATION OF the foregoing recitals and of the following covenants the Company and the Consultant (individually the “Party” and collectively the “Parties”) hereby agree:

 

Services Provided 

 

	
 
	1.	Company agrees to engage Consultant to act as Company’s Chief Financial Officer (“CFO”) and provide the Company with services (“the Services”) befitting a CFO.

 

Term of Agreement

 

	
 
	2.	This Agreement is effective as of December 1, 2015 and will continue unless terminated, or otherwise modified by the Parties.

 

Termination

 

	
 
	3.	Either Party may terminate this Agreement immediately in its sole and absolute discretion. Consultant will be entitled to payment for all Services satisfactorily performed to date of termination. Company will be entitled to receive all Work Product completed or in progress as of the date of termination or cancellation. Company will have no other liability arising out of termination.

 

Compensation

 

	
 
	4.	For the Service Provided Consultant will be compensated US$5,000 monthly, on the first business day of each month.

 

Expenses

 

	
 
	5.	Consultant will only be reimbursed for reasonable expenses pre-approved by the Company in writing.

 

Ecrypt Technologies Consulting Agreement 

	 
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CONSULTING AGREEMENT

  

Confidentiality

 

	
 
	6.	Confidential information (the “Confidential Information”) refers to any data or information relating to the business of the Company which would reasonably be considered to be proprietary to the Company, that is not generally known in the industry of the Company, and the release of which could reasonably be expected to cause harm to the Company.
	
 
	
 
	
 

	
 
	
7. 
	
Consultant agrees that they will not disclose, divulge, reveal, report, or use for any purpose any Confidential Information which the Consultant has obtained, except as authorized by the Company. This obligation will survive indefinitely upon termination of this agreement.

 

Non-Competition

 

	
 
	8.	Other than with the express written consent of Company, which will not be unreasonably withheld, Consultant will not during the continuance of this agreement or within 1 year after termination be directly or indirectly involved with a business which is in direct competition with the Company, or divert or attempt to divert any business from the Company

 

Non-Solicitation

 

	
 
	9.	Consultant agrees that during the term of this agreement and for a period of 1 year after termination Consultant will not in any way directly or indirectly interfere with or disrupt the Company’s relationship with its employees or service providers.

 

Ownership or Materials and Intellectual Property

 

	
 
	10.	All intellectual property and related materials (the “IP”) including any related work in progress that is developed or produced under this agreement will be the sole property of the Company and its use will not be restricted in any manner.

 

Independent Contractor

 

	
 
	11.	It is expressly agreed that Consultant is acting as an independent contractor and not as an employee.

 

Notices

 

	
 
	12.	All notices and other communications shall be given in writing and delivered to the Parties as follows:

  

	
 
	
To Company:
	
Bravatek Solutions, Inc.

2028 E Ben White Blvd, #240-2835 Austin, TX 78741

admin@bravatek.com

1.866.204.6703 (fax)

	
 
	
 
	
 

	
 
	
To Consultant:
	
Deborah King

3021 Ridge Rd., #A-16

Rockwall, 75032

dking55585@aol.com 

 

Ecrypt Technologies Consulting Agreement

	 
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CONSULTING AGREEMENT

  

Indemnification

 

	
 
	13.	Each party agrees to indemnify, defend and hold harmless the other Party against all claims, losses, liabilities and demands either Party may suffer arising out of: any breach of the terms of this Agreement; the performance of the Services; and any acts or omissions of either Party hereunder.

 

Modification

 

	
 
	14.	Any amendment or modification or additional obligation assumed by either party in connection with this Agreement will only be binding if evidenced in writing signed by each Party or its authorized representative.

 

Assignment

 

	
 
	15.	No rights or interests in the Agreement will be assigned by Consultant (including the hiring of subcontractors to perform any part of Services) without the prior written consent of Company.

 

Entire Agreement

 

	
 
	16.	It is agreed that there is no representation, warranty, collateral agreement or condition affecting this agreement except as expressly provided in this agreement

 

Severability

 

	
 
	17.	In the event that any party, article, section, paragraph, or clause of this Agreement shall be held to be indefinite, invalid, or otherwise unenforceable, the entire Agreement shall not fail on account thereof, and the balance of the Agreement shall continue in full force and effect.

 

Waiver

 

	
 
	18.	No waiver of any provision of this Agreement or any right or obligation of a party will be effective unless in writing, signed by the parties. The failure of either party to enforce a right will not constitute a waiver.

 

Governing Law

 

	
 
	19.	This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of Colorado without regard to the choice of law rules therein, and each of the parties hereby consent to exclusive personal jurisdiction in the state and federal courts of Colorado.

 

IN WITNESS WHEREOF the parties, intending to be legally bound, have caused this Agreement to be executed on the dates set forth below.

 

	
 
	 	 	 		 
	
Bravatek Solutions, Inc.
	
 
	
 
	
Deborah King
	
 

	
  
	
 
	
 
	
 
	
 

	
By: 
	/s/ Thomas A Cellucci	 	 	/s/ Deborah King	 
	
 
	
Thomas A. Cellucci
	 	 		 
	
Its: 
	Chief Executive Officer	 	 		 
	
 
	
 
	
 
	
 
	
 
	
 

	
Date: 12/1/15
	
 
	
 
	
Date: 12/1/15
	
 

 

Ecrypt Technologies Consulting Agreement 

 

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