Document:

Assignment
Agreement

 

THIS ASSIGNMENT Agreement
(this “Assignment Agreement”) is made and entered into as of March 15, 2013 (the “Effective Date”),
by PETER M. HELLWIG, an individual (the “Assignor”), in favor of Joseph
c. canouse, an individual (the “Assignee”) and agreed and acknowledged by STAKOOL, INC., a Nevada corporation
(the “Company”).

 

W I T N E S S E T H:

 

WHEREAS, the Assignor,
prior to the date hereof, has served as the President, Chief Executive Officer and a Director of the Company and the Assignor is
resigning from all officer and director positions with the Company effective as of the date hereof;

 

WHEREAS, the Assignee
has been appointed as the President, Chief Executive Officer and a Director of the Company, effective as of the date hereof,

 

WHEREAS, in
connection with the Assignor’s relinquishing his officer and director positions with the Company and the
Assignee’s taking over such positions, (i) the Assignor desires to assign, and the Assignee desires to accept, one
billion one hundred million (1,100,000,000) shares of common stock of the Company and one (1) share of Series B Preferred
Stock of the Company (collectively, the “Assigned Stock”); and (ii) the Assignee and the Company agree
that the Assignee shall (a) for and on behalf of the Company, release the Assignor from any claims arising out of his
performance of duties for and on behalf of the Company as an officer and/or director; and (b) for and on behalf of the
Company, enter into a consulting agreement with Assignor, having a term of six months (the
“Consulting Agreement”), substantially in the form attached hereto as Exhibit A.

 

NOW, THEREFORE, for
and in consideration of the premises and the mutual covenants contained herein, and for other good and valuable consideration,
the receipt, adequacy and legal sufficiency of which are hereby acknowledged, the parties do hereby agree as follows:

 

1.Recitals.
The foregoing recitations are true and correct and incorporated herein by this reference. 

 

2.Assignment.
Assignor hereby irrevocably and unconditionally assigns, transfers, bargains, sells and conveys to Assignee, all of Assignor’s
right and title to the Assigned Stock.

 

3.Consulting
Agreement. The Assignee, for and on behalf of the Company, in exchange for good and valuable consideration the receipt of which
is acknowledged therein, and the Assignor hereby agree to enter into the Consulting Agreement.

  

    	 

    	 

    

  

4.Release.
The Company, on behalf of itself and its predecessors, successors, subsidiaries, agents, affiliates, subrogees, insurers, representatives,
personal representatives, legal representatives, transferees, assigns and successors in interest of assigns, and any firm, trust,
partnership, corporation, investment vehicle, fund or other entity managed or controlled by the Company or in which the Company
has or had a controlling interest (collectively, the “Company Releasors”), in consideration of the releases,
agreements and covenants contained in this Agreement, hereby remises, releases, acquits and forever discharges the Assignor and
any and all of his respective affiliates, agents, employees, legal counsel, officers, directors, managers, shareholders, stockholders,
stakeholders, owners, predecessors, successors, assigns, subrogees, insurers, trustees, trusts, administrators, fiduciaries and
representatives, if any (collectively, the “Assignor Releasees”), of and from any and all federal, state, local,
foreign and any other jurisdiction’s statutory or common law claims (including claims for contribution and indemnification),
causes of action, complaints, actions, suits, defenses, debts, sums of money, accounts, covenants, controversies, agreements, promises,
losses, damages, orders, judgments and demands of any nature whatsoever, in law or equity, known or unknown, of any kind, arising
out of the Assignor’s performance of any services or duties for and on behalf of the Company as an officer and/or director,
or arising out of any other conduct, act, omission or failure to act by the Assignor prior to or on the Effective Date, whether
negligent, intentional, with or without malice, that the Company Releasors ever had, now have, may have, may claim to have, or
may hereafter have or claim to have, against the Assignor Releasees, from the beginning of time until the end of time (the “Released
Company Claims”). Nothing in the foregoing release shall release any claim to enforce this Agreement.

 

5.Representations.
Assignor hereby represents and warrants to Assignee that: (i) Assignor is the valid owner and holder of Assigned Stock, free and
clear of all liens, claims and encumbrances of any nature whatsoever; and (ii) Assignor has the full and valid right to assign
the Assigned Stock as hereby contemplated without any consent from any other parties.

 

6.
Further Actions. Each of the parties hereto covenants and agrees, at its own expense, to execute and deliver, at the
request of the other party hereto, such further instruments of transfer and assignment and to take such other action as such other
party may reasonably request to more effectively consummate the assignments and other obligations contemplated by this Assignment
Agreement, including, without limitation, Assignor’s complying with reasonable requests for documents and/or information
in connection with Section 4 hereof.

 

7.
Counterparts. This Assignment Agreement may be executed in one or more counterparts, each of which shall be deemed an
original but all of which together will constitute one and the same instrument.

 

    	 

    	 

    

 

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

 

	ASSIGNOR	 	ASSIGNEE
	 	 	 
	/s/ Peter M. Hellwig	 	/s/ Joseph C. Canouse
	PETER M. HELLWIG	 	JOSEPH C. CANOUSE

 

Agreed
and Acknowledged:

 

STAKOOL,
INC.

 

	By:	/s/
    Joseph C. Canouse	 
	Name:	Joseph
    C. Canouse	 
	Title:	Chief
    Executive Officer	 

 

    	 

    	 

    

  

Exhibit A

 

(Consulting Agreement)Exhibit 10.2

 

March 16, 2013

 

	Re:		Consulting
                                                                                                                                                                                                      Agreement
                                                                                                                                                                                                      Between
                                                                                                                                                                                                      Stakool
                                                                                                                                                                                                      Inc.
                                                                                                                                                                                                      and/or
                                                                                                                                                                                                      assigns.

 

Mr.
Canouse:

 

Peter
Hellwig , (“Hellwig”), submits this letter of engagement (the “Agreement”) setting forth the terms and
conditions whereby HELLWIG will act as consultant for Stakool, Inc. and/or assigns (together with any affiliates, the “Company”)
in advising the Company to explore, among other things, various options relating to (a) equity financing, (b) potential asset
acquisitions, (c) corporate recapitalization, (d) SEC filing requirements and (e) growth management strategies (collectively,
such consulting services shall be referred to as the “Services”).

 

I.
Services

 

HELLWIG
will endeavor to provide the Company with the following Services:

 

A.
Assist the Company in identifying structural equity capitalization.

 

B.
Assist the Company in exploring and identifying corporate acquisitions, divestitures and other strategies design to accelerate
growth;

 

C.
Advise the Company to help structure the balance sheet.

 

D.
Assist the Company in making them timely with all filings that are required by the Security and Exchange Commission and to have
them relisted on the Over the Counter Bulletin Board

 

E.
Advise the Company in identifying investor relations and public relations firms able to assist the Company in the capital markets;
and

 

F.
Provide services as may be deemed appropriate, including identifying service professionals to assist the Company with all aspects
of its business and related needs.

 

1111
Alderman Dr., Suite 210 Alpharetta, GA 30005

 Ph.
770 521 1330 Fax. 770 521 0259

 

    	 

    	 

    

 

II.
Terms and Conditions

 

A.
Authority. The Company represents and warrants that it is in all respects qualified and authorized to undertake all actions
contemplated herein.

 

B.
Performance of Services. The Parties agree and understand that the Services are fully performed irrespective of ultimate
outcome of any potential undertaking borne of the Services contemplated herein. The Company acknowledges that HELLWIG does not
guarantee that its Services will have the intended impact upon the Company’s business or that subsequent financial improvement
or advantage will result from the Services. Company understands and acknowledges that the success or failure of HELLWIG’s
efforts will be predicated on Company’s operating results. HELLWIG shall devote such of its time and efforts as it may determine
is necessary for the performance of its Services hereunder. HELLWIG will perform the Services hereunder in the highest professional
manner and will provide such of its staff and personnel as it may deem necessary for the performance of the Services hereunder.

 

C.
Company Information. The Company acknowledges and agrees that, in rendering its services hereunder, HELLWIG will be using
and relying on information available from public or other sources, without independent verification, and that HELLWIG will not
assume responsibility for the accuracy or completeness of such information (included in the Documents or otherwise).

 

D.
Termination. Termination of this Agreement may be effected by either party with thirty (30) day prior written notice to
the other party (the “Termination Date”). Termination of this Agreement by the Company shall obligate the Company
to pay the monthly retainer (outlined in Section III below) through the Termination Date.

 

E.
Indemnification. Neither HELLWIG nor its affiliates or employees shall be liable to the Company for consequential, special,
indirect, incidental, punitive, or exemplary loss, damage, cost or expense (including, without limitation, lost profits and opportunity
costs) unless due to willful misconduct or gross negligence on the part of HELLWIG or its affiliates or employees. The Company
agrees to indemnify and hold harmless HELLWIG and its affiliates and employees from and against any and all actions, losses, damages,
claims, liabilities, costs and expenses (including without limitation, reasonable legal fees and expenses) (“Loss”)
in any way arising out of or relating to this Agreement, unless such Loss, as determined by arbitration, is due to willful misconduct
or gross negligence on the part of the HELLWIG or its affiliates or employees. Indemnification shall apply regardless of the form
of action, loss, damage, claim, liability, cost, or expense, whether in contract, statute, tort(including without limitation,
negligence), or otherwise, and shall survive the completion or termination of this Agreement. The Company further agrees to reimburse
HELLWIG any reasonable legal or other professional services costs incurred on behalf of HELLWIG as a result of any claims for
Loss made against HELLWIG or its affiliates or employees relating to the Services provided under this Agreement.

 

1111
Alderman Dr., Suite 210 Alpharetta, GA 30005

 Ph.
770 521 1330 Fax. 770 521 0259

 

    	 

    	 

    

 

F.
Independent Contractor Relationship. HELLWIG shall at all times remain an independent contractor, and nothing herein shall
be construed to create an employer / employee relationship between the parties hereto.

 

G.
Confidential Information and Other Restrictions. HELLWIG agrees not to communicate, disclose, or use for its own benefit
or the benefit of any other entity or person, any plans, designs, programs, customer information or other information pertaining
to the business or affairs of the Company or of any of its affiliates not existing in the public domain. Upon termination of this
Agreement HELLWIG agrees to surrender to the Company all original documents, software, or computer systems programs, and copies
any other documents and material obtained by HELLWIG pursuant to this Agreement. HELLWIG shall not retain or deliver to any other
entity or person any of the foregoing or a summary or memorandum thereof.

 

III.
Compensation/Payment for Services

 

HELLWIG
shall be compensated for the Services as follows:

 

	(i)	upon execution of this Agreement, the Company shall pay $10,000 in cash;
	(ii)	beginning 30 days after the Effective Date, the Company shall also pay HELLWIG $10,000 per month in cash and stock; provided, however, that (a) each such monthly payment shall be comprised of not less than $6,000 in cash and (b) all stock, if any, issued in satisfaction of such portion of monthly payments shall be registered under a Form S-8 (“S-8 Shares”); and
	(iii)	in the event that HELLWIG sells S-8 Shares within 45 days of the issuance of such shares to him and the proceeds of such sale fall below the portion of the monthly payment for which such S-8 Shares were issued, the Company shall issue to HELLWIG that number of additional shares registered under a Form S-8 that shall be required to satisfy the amount of such shortfall as of the date of such sale.

 

Any
sums not paid when due shall be memorialized in a note convertible at a thirty-three percent (33%) discount to the three day previous
bid. All compensation hereunder shall be due and payable in accordance with the terms hereof.

 

IV.
Miscellaneous

 

A.
Term. This Agreement will become effective on the date of its acceptance by the Company (the “Effective Date”)
and will continue thereafter for a period of six (6) months. It is expressly agreed that the provisions of paragraphs II-E, II-F,
II-G, IV-B, IV-C, and IV-D of this Agreement shall survive any expiration or termination of this Agreement.

 

1111
Alderman Dr., Suite 210 Alpharetta, GA 30005

Ph.
770 521 1330 Fax. 770 521 0259

 

    	 

    	 

    

 

B.
Nature of Engagement. HELLWIG is being retained to serve as a consultant solely to the Company, and the engagement of HELLWIG
shall not be deemed to be on behalf of and is not intended to confer rights or benefits on any shareholder or creditor of the
Company or its subsidiaries or on any other person. Unless expressly agreed to in writing by HELLWIG, no one other than the Company
is authorized to rely on this engagement of HELLWIG or any statements, conduct or advice of HELLWIG. No advice rendered by HELLWIG
shall be used for any other purpose or reproduced, disseminated, quoted, or referred to at any time, in any manner or for any
purpose, nor shall any public or other references to HELLWIG (or to such opinions or advice) be made without the express prior
written consent of HELLWIG, which consent shall not be unreasonably withheld.

 

C.
Modifications and Amendments. The Agreement represents the entire understanding between the Company and HELLWIG with respect
to the Services, and all prior discussions are merged herein. It is understood that HELLWIG Capital’s obligations under
this Agreement are to use its commercially reasonable efforts throughout the term of the Agreement. HELLWIG’s engagement
is not intended to provide the Company or any other person or entity with any assurances that any transaction will be consummated.
This Agreement may not be amended or modified except pursuant to a writing signed by all parties and shall be governed by and
construed in accordance with the laws of the State of Florida.

 

D.
Arbitration. Any dispute related to this Agreement, any transaction contemplated hereby, or any other matter contemplated
hereby shall be settled by arbitration in the State of Florida, in accordance with the commercial arbitration rules then in effect
of the American Arbitration Association, before a panel of three arbitrators. Any award entered by the arbitrators shall be final,
binding, and non appealable, and judgment maybe entered thereon by any party in accordance with applicable law in any court of
competent jurisdiction. This arbitration provision shall be specifically enforceable. The fees of the American Arbitration Association
and the arbitrators and any expenses’ relating to the conduct of the arbitration shall be borne equally by both parties.

 

1111
Alderman Dr., Suite 210 Alpharetta, GA 30005

 Ph.
770 521 1330 Fax. 770 521 0259

 

    	 

    	 

    

 

If
the foregoing correctly sets forth the entire understanding and agreement between HELLWIG and the Company, please so indicate
in the space provided for that purpose below and return an executed copy to us, whereupon this letter shall constitute a binding
agreement between us as of the date first above written.

 

	/s/
    Peter HellWig	
	PETER
    HELLWIG, Consultant	 

 

	STAKOOL,
    INC. 	 
	 	 	 
	By:	 /s/
    Joseph C. Canouse	 
	 	Joseph C.
    Canouse	 
	 	Chief Executive
    Office 	 

  

1111
Alderman Dr., Suite 210 Alpharetta, GA 30005

 Ph.
770 521 1330 Fax. 770 521 0259

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