Document:

AMENDMENT
TO RETENTION AGREEMENT

 

THIS
AMENDMENT TO RETENTION AGREEMENT (this “Agreement”) is entered into as of the 1st day of November
2017 (the “Effective Date”) by and between Doug Croxall (the “Employee”) and Marathon Patent
Group, Inc., a Nevada corporation, and subsidiaries (the “Company”, and together with the Employee, the “Parties”).

 

WHEREAS,
Employee has been continuously employed as the Chief Executive Officer and Chairman of the Board of Directors of the Company
pursuant to that certain Executive Employment Agreement dated as of November 14, 2012, as amended on November 18, 2013 (the “Employment
Agreement”);

 

WHEREAS,
the Parties entered into a Retention Agreement dated August 22, 2017 regarding the Employee’s employment with the Company
which agreement was amended on September 29, 2017 (as amended the “Retention Agreement”); and

 

WHEREAS,
the Parties desire to enter into this Agreement providing for Employee’s continuation as Chief Executive Officer and
Chairman of the Board of Directors of the Company for until such time as provided herein following the Effective Date of this
Agreement, for Employee’s amicable resignation from the Company’s employment and for such other agreements as are
set forth herein. In the event that no change is made herein, the provisions of the Retention Agreement shall govern.

 

NOW,
THEREFORE, in consideration of the mutual covenants and agreements contained herein and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound, the Parties hereby agree to the
following amendments to the Retention Agreement and certain additional changes to the Retention Agreement as set forth herein:

 

1.       Amendment
of Employment Termination Date. Notwithstanding the terms set forth in Section 2(c) of the Retention Agreement, Employee acknowledges
that his last day of employment with the Company shall be changed to the earlier of (i) December 31, 2017, and (ii) the occurrence
of a Change of Control (as defined in the Retention Agreement) (the “Employment Termination Date”). Employee
further understands and agrees that, as of the Employment Termination Date, he will no longer be authorized to conduct any business
on behalf of the Company as an executive or to hold himself out as an officer, employee or director of the Company. Any and all
positions and/or titles held by Employee with the Company will be deemed to have been resigned as of the Employment Termination
Date.

 

(a)       Section
2 of the Retention Agreement is amended as provided below. The Company shall pay or provide Employee the following payments and
benefits (the “Payment and Benefits”):

 

(i)       Consulting
Fee and PTO. Commencing on the date hereof, Employee shall receive a consultant fee at a rate of $30,000 per month (the “Consulting
Fee”) until the Employment Termination Date, payable in two equal payments on the 15th and 30th
of each month. The Employee shall be responsible for paying his own taxes in connection with such payments.

 

(ii)       Retention
Payment. The Company shall pay Employee an additional aggregate amount equal to $500,000 (the “Retention Payment”)
in two separate payments as follows: (1) $125,000 was paid , and (2) the remaining $375,000 shall be paid as follows: 50% of the
Retention Payment not yet paid shall be released on the date that the Company enters into an agreement to effect a “Change
of Company” and 50% shall be paid upon the closing of the transaction which will result in a Change of Control.

 

    	 

     

    

 

(iii)       Health
Benefits. Employee shall be entitled to continue to receive his existing medical and other insurance benefits through the
end of December 2017. After such time the Company will cease to pay premiums pursuant to the preceding sentence, Employee may,
if eligible, elect to continue healthcare coverage at Employee’s expense in accordance with the provisions of the Consolidated
Omnibus Budget Reconciliation Act of 1985, as amended, or COBRA. Employee shall be responsible for the payment of all payroll
taxes, Medicare and other taxes, if any arising out of this subsection, and shall indemnify the Company with respect to the payment
of all such amounts. The Company will reimburse Employee for all COBRA payments made by Employee through March 31, 2018.

 

2.       Voting
and Standstill Agreement.

 

(a)       Entry
into Voting and Standstill Agreement. The Employee agrees to execute the Voting and Standstill Agreement attached as Exhibit
A hereto and to be bound by its terms.

 

3.       Applicable
Law and Dispute Resolution. Except as to matters preempted by ERISA or other laws of the United States of America, this Agreement
shall be interpreted solely pursuant to the laws of the State of Nevada, exclusive of its conflicts of laws principles. Each of
the Parties hereto irrevocably submits to the exclusive jurisdiction of the courts of the State of Nevada, for the purposes of
any suit, action, or other proceeding arising out of this Agreement or any transaction contemplated hereby.

 

4.       Binding
Effect. This Agreement will be deemed binding and effective immediately upon its execution by the Employee; provided, however,
that in accordance with the Age Discrimination in Employment Act of 1967 (“ADEA”) (29 U.S.C. § 626, as amended),
Employee’s waiver of ADEA claims under this Agreement is subject to the following: Employee may consider the terms of his
waiver of claims under the ADEA for twenty-one (21) days before signing it and may consult legal counsel if Employee so desires.
Employee may revoke his waiver of claims under the ADEA within seven (7) days of the day he executes this Agreement. Employee’s
waiver of claims under the ADEA will not become effective until the eighth (8th) day following Employee’s signing of this
Agreement. Employee may revoke his waiver of ADEA claims under this Agreement by delivering written notice of his revocation,
via facsimile and overnight mail, before the end of the seventh (7th) day following Employee’s signing of this Agreement
to: Harvey Kesner, Esq., Sichenzia Ross Ference Kesner LLP, 61 Broadway, 32nd Floor, New York, NY 10006, Fax: 212-930-9725. In
the event that Employee revokes his waiver of ADEA claims under this Agreement prior to the eighth (8th) day after signing it,
the remaining portions of this Agreement and the duties and obligations of each party under this Agreement shall remain in full
force in effect. Employee further understands that if Employee does not revoke the ADEA waiver in this Agreement within seven
(7) days after signing this Agreement, his waiver of ADEA claims will be final, binding, enforceable, and irrevocable.

 

EMPLOYEE
UNDERSTANDS THAT FOR ALL PURPOSES OTHER THAN HIS WAIVER OF CLAIMS UNDER THE ADEA, THIS AGREEMENT WILL BE FINAL, EFFECTIVE, BINDING,
AND IRREVOCABLE IMMEDIATELY UPON ITS EXECUTION.

 

5.       Acknowledgements.
The Parties agree that:

 

(a)       Each
has consulted with and has been represented by counsel in connection with the negotiation and execution of this Agreement;

 

(b)       Employee
has been advised that Sichenzia Ross Ference Kesner LLP has acted as counsel to the Company and not to Employee, and Employee
has been advised to consult and has been provided with an opportunity to consult with legal counsel of his choosing in connection
with this Agreement;

 

    	 

     

    

 

(c)       Each
fully understands the significance of all of the terms and conditions of this Agreement and has discussed them with each of their
respective independent legal counsel or has been provided with a reasonable opportunity to do so;

 

(d)       Each
has had answered to his satisfaction any questions asked with regard to the meaning and significance of any of the provisions
of this Agreement;

 

(e)       Employee
is signing this Agreement knowingly, voluntarily and in full settlement of all claims which existed in the past or which currently
exist that arise out of his employment with the Company or the termination of his Employment; and

 

(f)       Each
agrees to abide by all the terms and conditions contained herein.

 

6.       Notices.
For the purposes of this Agreement, notices, demands and all other communications provided for in this Agreement shall be in writing
and shall be delivered (i) personally or (ii) by first class mail, certified, return receipt requested, postage prepaid, (iii)
by overnight courier, with acknowledged receipt, in the manner provided for in this Paragraph 15, and properly addressed as follows:

 

If
to the Company:

 

Marathon
Patent Group, Inc.

11100
Santa Monica Blvd., Ste. 380

Los
Angeles, CA

 

With
a copy to:

 

Harvey
Kesner, Esq.

Sichenzia
Ross Ference Kesner LLP

61
Broadway, 32nd Floor

New
York, NY 10006

 

If
to Employee:

 

Douglas
Croxall

 

Fulton
Management

 

16030
Ventura Blvd.

Suite 240

Encino, CA 91436

 

doug@lvlpg.com_

 

7.       Counterparts.
This Agreement may be executed in one or more counterparts, all of which shall be considered one and the same agreement, and shall
become effective when one or more such counterparts have been signed by each of the Parties and delivered to the other Parties.
In the event that any signature is delivered by facsimile transmission or by an e-mail which contains a portable document format
(.pdf) file of an executed signature page, such signature page shall create a valid and binding obligation of the party executing
(or on whose behalf such signature is executed) with the same force and effect as if such signature page were an original thereof.

 

[Signature
page follows]

 

    	 

     

    

 

IN
WITNESS HEREOF, the Parties hereby enter into this Agreement and affix their signatures as of the date first above written.

 

MARATHON
PATENT GROUP, INC.

 

	By:
    	 /s/
    Merrick Okamoto	 
	Name:
    	Merrick Okamoto	 
	Title:
    	Chairman	 

 

	 /s/
    Douglas Croxall	 
	DOUGLAS
    CROXALLVOTING
AND STANDSTILL AGREEMENT

 

This
Voting AND STANDSTILL Agreement (the “Agreement”)
is made and entered into as of this 1st day of November, 2017, by and between Marathon Patent Group, Inc. a Nevada corporation
(the “Company”), and Doug Croxall (the “Shareholder”).

 

Witnesseth

 

Whereas,
the Shareholders, own certain shares of the Company’s
Common Stock as identified on Schedule A attached hereto (the “Shares”); and

 

Whereas,
in connection with their arrangements with the Company, the
Company and the Shareholders have agreed to provide for certain obligations with respect to the future voting and disposition
of their shares of the Company’s capital stock as set forth below and the Company has agreed to deliver this Agreement;

 

Now,
Therefore,
in consideration of these premises and for other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

 

AGREEMENT

 

1.
Voting.

 

1.1
Subject Shares.

 

Each
Shareholder, severally and not jointly, agrees, during the Term, to hold all shares of voting capital stock of the Company registered
in its name or beneficially owned by it as of the date hereof and any and all other securities of the Company legally or beneficially
acquired by the Shareholder after the date hereof (hereinafter collectively referred to as the “Subject Shares”)
subject to, and to vote the Subject Shares in accordance with, the provisions of this Agreement.

 

1.2
Shareholder Approval. On each and all actions or matters submitted to a vote or consent of shareholders of the Company, the
Shareholders shall vote all Subject Shares held by them (or the holders thereof shall consent pursuant to an action by written
consent of the holders of capital stock of the Company) as instructed by the Board of Directors of the Company.

 

1.3
Legend.

 

(a)
The Shareholders agree that, concurrently with the execution of this Agreement (or as soon as practicable thereafter), there shall
be imprinted or otherwise placed, on certificates representing the Subject Shares the following restrictive legend (the “Legend”):

 

“THE
SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE TERMS AND CONDITIONS OF A VOTING AND STANDSTILL AGREEMENT WHICH PLACES
CERTAIN RESTRICTIONS ON THE VOTING AND SALE OF THE DISPOSITION OF THE SHARES REPRESENTED HEREBY. ANY PERSON ACCEPTING ANY INTEREST
IN SUCH SHARES SHALL BE DEEMED TO AGREE TO AND SHALL BECOME BOUND BY ALL THE PROVISIONS OF SUCH AGREEMENT. A COPY OF SUCH VOTING
AND STANDSTILL AGREEMENT WILL BE FURNISHED TO THE RECORD HOLDER OF THIS CERTIFICATE WITHOUT CHARGE UPON WRITTEN REQUEST TO THE
COMPANY AT ITS PRINCIPAL PLACE OF BUSINESS.”

 

    	 

    	 

    

 

In
the alternative, the Company shall advise the Company’s stock transfer agent, Equity Stock Transfer of the restrictions
and direct them to place appropriate stop transfer restrictions on its books and records.

 

(b)
The Company agrees that, during the Term of this Agreement, it will not remove, and will not permit to be removed (upon registration
of transfer, reissuance of otherwise), the Legend from any such certificate and will place or cause to be placed the Legend on
any new certificate issued to represent Subject Shares theretofore represented by a certificate carrying the Legend. If at any
time or from time to time during the Term any Person holds any certificate representing Subject Shares not bearing the aforementioned
legend, the Shareholder agrees to deliver such certificate to the Company promptly to have such legend placed on such certificate.
Upon expiration of the Term, the Company shall, upon request of any Shareholder, promptly remove or cause the removal of the Legend
from such Shareholder’s Shares and direct the Transfer Agent to remove such stop transfer restrictions from its books and
records at the end of the Standstill Period.

 

1.4
Successors. The provisions of this Agreement shall be binding upon the successors in interest to any of the Subject Shares.
The Company shall not permit the transfer of any of the Subject Shares on its books or issue a new certificate representing any
of the Subject Shares unless and until the person to whom such security is to be transferred shall have executed a written agreement,
substantially in the form of this Agreement, pursuant to which such person becomes a party to this Agreement and agrees to be
bound by all the provisions hereof as if such person were an Investor.

 

1.5
Other Rights. Except as provided by this Agreement, the Shareholders shall exercise the full rights of a holder of capital
stock of the Company with respect to the Subject Shares.

 

1.6
Irrevocable Proxy. To secure the Shareholders’ obligations to vote the Subject Shares in accordance with this Agreement,
the Shareholders hereby appoint the Chairman of the Company or its designees, as the Shareholders’ true and lawful proxy
and attorney, with the power to act alone and with full power of substitution, to vote all of the Shareholders’ Subject
Shares , as set forth in this Agreement and to execute all appropriate instruments consistent with this Agreement on behalf of
the Shareholders if, and only if, any Shareholder fails to vote all of such Shareholder’s Subject Shares or execute such
other instruments in accordance with the provisions of this Agreement within five (5) days of the Company’s or any other
party’s written request for the Shareholder’s written consent or signature. The proxy and power granted by the Shareholders
pursuant to this Section are coupled with an interest and are given to secure the performance of such party’s duties under
this Agreement. Such proxy and power will be irrevocable for the term hereof. The proxy and power, so long as any party hereto
is an individual, will survive the death, incompetency and disability of such party or any other individual holder of the Subject
Shares and, so long as any party hereto is an entity, will survive the merger or reorganization of such party or any other entity
holding any Subject Shares.

 

    	 

    	 

    

 

2.
STANDSTILL

 

The
Shareholder acknowledges that, he has access to material non-public information concerning the Company. In consideration of receipt
of that information and other consideration in the Retention Agreement, the Shareholder hereby agrees that for a period commencing
on the date hereof and ending ten (10) days from the consummation of a Change of Control transaction as defined in the Retention
Agreement by and between the Company and the Shareholder (the “Standstill Period”), the Recipient on behalf of himself
and his affiliates (the “Affiliate Entities”), hereby agrees that each of the Shareholder and the Affiliated Entities
shall not, other than as authorized in writing by the Company sell, transfer, pledge, hypothecate or otherwise dispose of any
of the Shares during the Standstill Period.

 

3.
Termination.

 

3.1
This Agreement shall continue in full force and effect until the consummation of a Change of Control as defined in the Retention
Agreement(the “Term”).

 

3.2
Notwithstanding anything in Section 3.1 to the contrary, the obligations of the Shareholders under Section 4.1, 4.2 and 4.10
shall survive any termination or expiration of this Agreement.

 

4.
Miscellaneous.

 

4.1
Specific Performance. The parties hereto hereby declare that it is impossible to measure in money the damages which will accrue
to a party hereto or to their heirs, personal representatives, or assigns by reason of a failure to perform any of the obligations
under this Agreement and agree that the terms of this Agreement shall be specifically enforceable. If any party hereto or his
heirs, personal representatives, or assigns institutes any action or proceeding to specifically enforce the provisions hereof,
any person against whom such action or proceeding is brought hereby waives the claim or defense therein that such party or such
personal representative has an adequate remedy at law, and such person shall not offer in any such action or proceeding the claim
or defense that such remedy at law exists.

 

4.2
Governing Law. This Agreement shall be governed by and construed and enforced in accordance with the internal laws of the
State of New York, and shall be binding upon the parties hereto in the United States and worldwide.

 

4.3
Amendment or Waiver. This Agreement may be amended or modified (or provisions of this Agreement waived) only upon the written
consent of parties hereto. Any amendment or waiver so effected shall be binding upon the Company, the Shareholders and any assignee
of any such party.

 

4.4
Severability. In the event one or more of the provisions of this Agreement should, for any reason, be held to be invalid,
illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provisions
of this Agreement, and this Agreement shall be construed as if such invalid, illegal or unenforceable provision had never been
contained herein.

 

4.5
Successors and Assigns. The provisions hereof shall inure to the benefit of, and be binding upon, the parties hereto and their
respective successors, assigns, heirs, executors and administrators and other legal representatives.

 

4.6
Additional Shares. In the event that subsequent to the date of this Agreement any shares or other securities are issued on,
or in exchange for, any of the Subject Shares by reason of any stock dividend, stock split, combination of shares, reclassification
or the like, such shares or securities shall be deemed to be Subject Shares, as the case may be, for purposes of this Agreement.

 

    	 

    	 

    

 

4.7
Counterparts. This Agreement may be executed in one or more counterparts, each of which will be deemed an original, but all
of which together shall constitute one instrument.

 

4.8
Waiver. No waivers of any breach of this Agreement extended by any party hereto to any other party shall be construed as a
waiver of any rights or remedies of any other party hereto or with respect to any subsequent breach.

 

4.9
Delays or Omissions. No delay or omission to exercise any right, power or remedy accruing to any party, upon any breach, default
or noncompliance by another party under this Agreement shall impair any such right, power or remedy, nor shall it be construed
to be a waiver of any such breach, default or noncompliance, or any acquiescence therein, or of or in any similar breach, default
or noncompliance thereafter occurring. Any waiver, permit, consent or approval of any kind or character on any party’s part
of any breach, default or noncompliance under this Agreement or any waiver on such party’s part of any provisions or conditions
of the Agreement must be in writing and shall be effective only to the extent specifically set forth in such writing. All remedies,
either under this Agreement by law, or otherwise afforded to any party, shall be cumulative and not alternative.

 

4.10
Costs and Attorney’s Fees. In the event that any action, suit or other proceeding is instituted based upon or arising
out of this Agreement or the matters contemplated herein (whether based on breach of contract, tort, breach of duty or any other
theory), the prevailing party shall recover all of such party’s costs (including, but not limited to expert witness costs)
and reasonable attorneys’ fees incurred in each such action, suit or other proceeding, including any and all appeals or
petitions therefrom.

 

4.11
Notices. All notices required in connection with this Agreement shall be made in accordance with the Exchange Agreement.

 

4.12
Entire Agreement. This Agreement, along with the Exchange Agreement and the other documents delivered pursuant thereto constitute
the full and entire understanding and agreement between the parties with regard to the subjects hereof and thereof and no party
shall be liable or bound to any other in any manner by any oral or written representations, warranties, covenants and agreements
except as specifically set forth herein and therein. Each party expressly represents and warrants that it is not relying on any
oral or written representations, warranties, covenants or agreements outside of this Agreement.

 

3.13
No Ownership Interest. Except as otherwise provided herein, nothing contained in this Agreement shall be deemed to vest in
Company any direct or indirect ownership or incidence of ownership of or with respect to the Subject Shares. Except as otherwise
provided herein, all rights, ownership and economic benefits of and relating to the Subject Shares shall remain vested in and
belong to the Shareholders, and the Company shall not have any authority to manage, direct, restrict, regulate, govern, or administer
any of the policies or operations (as applicable) of the Shareholder or exercise any power or authority to direct the Shareholder
in the voting of any of the Subject Shares.

 

[THIS
SPACE INTENTIONALLY LEFT BLANK]

 

    	 

    	 

    

 

In
Witness Whereof, the parties hereto have
executed this Voting Agreement as of the date first above written.

 

	COMPANY:	 
	 	 	 
	MARATHON
    PATENT GROUP, INC.	 
	 	 	 
	By:	 /s/
    Merrick Okamoto	 
	Name:	Merrick
    Okamoto	 
	Title:	Chairman	 

 

	/s/
    Douglas Croxall	 
	Douglas
    Croxall	 

 

    	 

    	 

    

 

	SHAREHOLDER:	 
	 	 	 
	By:	/s/ Douglas
    Croxall	 
	Name:	Douglas
    Croxall	 
	Title:	Chief
    Executive Officer	 

 

    	 

    	 

    

 

Schedule
A

 

The
number of shares beneficially owned by Doug Croxall that are subject to this Agreement are 2,800,000 shares.

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