Document:

EX-10.1

 Exhibit 10.1 

[Execution] 
 AMENDMENT NO. 1 TO
CREDIT AGREEMENT 
 THIS AMENDMENT NO. 1 TO CREDIT AGREEMENT (“Amendment No. 1”), dated as of August 25, 2015, is
entered into by and among WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, in its capacity as agent (in such capacity, together with its successors and assigns, “Administrative Agent”) pursuant to the Credit
Agreement (as defined below) for the Lenders (as defined below), the parties to the Credit Agreement as lenders (individually, each a “Lender” and collectively, “Lenders”), DESTINATION MATERNITY CORPORATION, a Delaware
corporation (“Lead Borrower”), CAVE SPRINGS, INC., a Delaware corporation (“Cave”, and together with Lead Borrower, each a “Borrower” and collectively, “Borrowers”), MOTHERS WORK CANADA, INC., a Delaware
corporation (“Mother Works”), DM URBAN RENEWAL, LLC, a New Jersey limited liability company (“DM Urban”, and together with Mother Works, each a “Guarantor” and collectively, “Guarantors”). 

W I T N E S S E T H : 

WHEREAS, Administrative Agent, Lenders and Borrowers have entered into financing arrangements pursuant to which Lenders (or Administrative
Agent on behalf of Lenders) have made and may make loans and advances and provide other financial accommodations to Borrowers as set forth in the Credit Agreement, dated as of November 1, 2012, by and among Borrowers, Guarantors, Administrative
Agent and Lenders (as the same has been and may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced the “Credit Agreement”), and the other agreements, documents and instruments referred to therein or at
any time executed and/or delivered in connection therewith or related thereto (all of the foregoing, together with the Credit Agreement, as the same now exist or may hereafter be amended, modified, supplemented, extended, renewed, restated or
replaced, being collectively referred to herein as the “Loan Documents”); 
 WHEREAS, Borrowers and Guarantors have requested that
Administrative Agent and Lenders make certain amendments to the Credit Agreement and other Loan Documents as set forth herein, which Administrative Agent and Lenders are willing to do subject to the terms and provisions hereof; and 

WHEREAS, by this Amendment No. 1, Administrative Agent, Lenders, Borrowers and Guarantors wish and intend to evidence such amendments.

 NOW, THEREFORE, in consideration of the foregoing, the mutual agreements and covenants contained herein, and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 1. Definitions 

(a) Additional Definition. As used herein, the following term shall have the meaning given to it below, and the Credit Agreement and
the other Loan Documents are hereby amended to include, in addition and not in limitation, the following definition: 
 “Amendment
No. 1” shall mean Amendment No. 1 to Credit Agreement, dated as of August 25, 2015, by and among Borrowers, Guarantors, Administrative Agent and Lenders, as the same now exists or may hereafter be amended, modified, supplemented,
extended, renewed, restated or replaced. 

 “Amendment No. 1 Effective Date” shall mean the date on which each of the
conditions precedent to the effectiveness of Amendment No. 1 are satisfied or are waived by Administrative Agent. 

“Anti-Corruption Laws” means Laws relating to anti-bribery or anti-corruption (governmental or commercial) which apply to the Loan
Parties, their Restricted Subsidiaries, including Laws that prohibit the corrupt payment, offer, promise, or authorization of the payment or transfer of anything of value (including gifts or entertainment), directly or indirectly, to any foreign
Government Official, foreign government employee or commercial entity to obtain a business advantage; including the FCPA, and all national and international Laws enacted to implement the OECD Convention on Combating Bribery of Foreign Officials in
International Business Transactions. 
 “Anti-Terrorism Laws” means Laws relating to terrorism or money laundering, including
Executive Order No. 13224, the PATRIOT Act, the Laws comprising or implementing the Bank Secrecy Act, any Sanctions Laws, and the Laws administered by OFAC. 

“Blocked Person” means any Person: (a) listed in the annex to, or is otherwise subject to the provisions of, Executive Order
No. 13224; (b) a Person owned or controlled by, or acting for or on behalf of, any Person that is listed in the annex to, or is otherwise subject to the provisions of, Executive Order No. 13224; (c) a Person with which any Lender
is prohibited from dealing or otherwise engaging in any transaction by any Anti-Terrorism Law; (d) a Person that commits, threatens or conspires to commit or supports “terrorism” as defined in Executive Order No. 13224; or
(e) a Person that is named on the most current OFAC Lists. 
 “Commodity Exchange Act” means the Commodity Exchange Act (7
U.S.C. § 1 et seq.), as amended from time to time, and any successor statute. 
 “FCPA” means the U.S. Foreign Corrupt
Practices Act (15 U.S.C. §§78dd-1 et seq.). 
 “London Business Day” means a day on which commercial banks are open for
general business (including dealings in foreign exchange and foreign currency deposits) in London, England. 
 “OFAC” means the
U.S. Department of Treasury Office of Foreign Assets Control. 
 “OFAC Lists” means, collectively, the SDN List and/or any other
list of terrorists or other restricted Persons maintained pursuant to any of the rules and regulations of OFAC or pursuant to any other applicable executive orders. 

  
 2 

 “Qualified ECP Guarantor” means, in respect of any Swap Contract, each Loan Party that
has total assets exceeding $10,000,000 at the time the relevant Guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other person as constitutes an “eligible contract
participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under
Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. 
 “Reuters Screen LIBOR01 Page” means the display page LIBOR01 on the
Reuters service or any successor display page, other published source, information vendor or provider that has been designated by the sponsor of Reuters Screen LIBOR01 page. 

“Sanctions Laws” has the meaning set forth in Section 5.22. 

“SDN List” means the list of the Specially Designated Nationals and Blocked Persons. 

(b) Amendments to Definitions. 

(i) The definition of “Aggregate Commitments” set forth in Section 1.01 of the Credit Agreement is hereby amended by deleting
the reference to “$61,000,000” and replacing it with “$76,000,000”. 
 (ii) The definition of “Aggregate Tranche A
Revolving Loan Commitments” set forth in Section 1.01 of the Credit Agreement is hereby amended by deleting the reference to “$55,000,000” and replacing it with “$70,000,000”. 

(iii) The definition of “Arranger” set forth in Section 1.01 of the Credit Agreement is hereby amended and restated as
follows: 
 “ ‘Arranger’ means Wells Fargo Bank, National Association, in its capacity as sole lead arranger and sole
book manager.” 
 (iv) The definition of “Fee Letter” set forth in Section 1.01 of the Credit Agreement is hereby
amended and restated as follows: 
 “ ‘Fee Letter’ means the letter agreement, dated as of the Amendment No. 1
Effective Date, among Borrowers, the Administrative Agent and the Arranger, as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced with the consent of the Administrative Agent and
Borrowers.” 
 (v) The definition of “Letter of Credit Sublimit” set forth in Section 1.01 of the Credit Agreement is
hereby amended by deleting the reference to “$30,000,000” and replacing it with “$15,000,000”. 

  
 3 

 (vi) The definition of “LIBO Rate” set forth in Section 1.01 of the Credit
Agreement is hereby amended and restated as follows: 
 “ ‘LIBO Rate’ means for any Interest Period with respect to a
LIBO Rate Loan, the rate per annum rate which appears on the Reuters Screen LIBOR01 page as of 11:00 a.m., London time, on the second London Business Day preceding the first day of such Interest Period (or if such rate does not appear on the Reuters
Screen LIBOR01 Page, then the rate as determined by the Agent from another recognized source or interbank quotation), for a term, and in an amount, comparable to the Interest Period and the amount of the LIBO Rate Loan requested (whether as an
initial LIBO Rate Loan or as a continuation of a LIBO Rate Loan or as a conversion of a Base Rate Loan to a LIBO Rate Loan) by Borrowers in accordance with this Agreement (and, if any such rate is below zero, the LIBO Rate shall be deemed to be
zero), which determination shall be made by Agent and shall be conclusive in the absence of manifest error. If such rate is not available at such time for any reason, then the “LIBO Rate” for such Interest Period shall be the rate
per annum determined by the Agent to be the rate at which deposits in Dollars for delivery on the first day of such Interest Period in same day funds in the approximate amount of the LIBO Rate Loan being made, continued or converted by Wells Fargo
and with a term equivalent to such Interest Period would be offered to Wells Fargo by major banks in the London interbank eurodollar market in which Wells Fargo participates at their request at approximately 11:00 a.m. (London time) two Business
Days prior to the commencement of such Interest Period.” 
 (vii) The definition of “Maturity Date” set forth in
Section 1.01 of the Credit Agreement is hereby amended by deleting the reference to “November 1, 2017” and replacing it with “August 25, 2020”. 

(viii) The definition of “Real Property Availability” is hereby amended and restated in its entirety as follows:
“[Reserved]”. 
 (ix) The definition of “Swing Line Sublimit” set forth in Section 1.01 of the Credit Agreement is
hereby amended by deleting the reference to “$10,000,000” and replacing it with “$15,000,000”. 
 (x) Clause
(e) of the definition of “Tranche A Borrowing Base” is hereby amended and restated in its entirety as follows: “[Reserved]”. 

(xi) The definition of “Tranche A Revolving Loan Limit” set forth in Section 1.01 of the Credit Agreement is hereby amended
and restated as follows: 
 “ ‘Tranche A Revolving Loan Limit’ means the lesser of (a) $70,000,000 (subject to
adjustment as provided in Sections 2.06 and 2.15 of the Agreement) and (b) the Tranche A Borrowing Base.” 
 (c)
Interpretation. All capitalized terms used herein shall have the meanings assigned thereto in the Credit Agreement and the other Loan Documents, unless otherwise defined herein. 

  
 4 

 2. Amendments to Credit Agreement. 

(a) Borrowings, Conversions and Continuations of Committed Loans. Section 2.02(b)(ii) of the Credit Agreement is hereby amended
and restated in its entirety as follows: 
 “(ii) on the Business Day of the request of any Borrowing of Base Rate Loans.” 

(b) Increase in Tranche A Revolving Loan Commitments. Section 2.15 of the Credit Agreement is hereby amended and restated in its
entirety as follows: 
 “2.15 Increase in Tranche A Revolving Loan Commitments. 

(a) Request for Increase. Provided no Default or Event of Default then exists or would arise therefrom, the Lead Borrower may from time
to time deliver a written request to the Administrative Agent to request an increase in the Tranche A Revolving Loan Commitments by an amount (for all such requests) not exceeding $15,000,000; provided, that, (i) any such request
for an increase shall be in a minimum amount of $2,500,000, (ii) shall be irrevocable, and (iii) the Lead Borrower may make a maximum of five (5) such requests during the term of this Agreement. 

(b) Notification by Administrative Agent; Additional Lenders. Upon the receipt by the Administrative Agent of any such written request,
Administrative Agent shall notify each of the Lenders of such request. Wells Fargo shall have the option (but not the obligation) to provide each requested increase in the Tranche A Revolving Loan Commitment described in clause
(a) above. Wells Fargo shall notify the Administrative Agent within ten (10) Business Days (or such shorter period of time specified by the Administrative Agent) after the receipt of such notice from the Administrative Agent whether
Wells Fargo is willing to so increase its commitment and its Tranche A Revolving Loan Commitment, and if so, the amount of such increase; provided, that Wells Fargo shall not be obligated to agree to any such increase; it being agreed
that the determination whether to agree to any such increase shall be within the sole and absolute discretion of Wells Fargo. If the aggregate amount of the increases in the Tranche A Revolving Loan Commitments received from Wells Fargo does not
equal the amount of the increase in the Tranche A Revolving Loan Commitment requested by Lead Borrower, the Administrative Agent, in consultation with the Lead Borrower, will use its reasonable efforts to arrange for an existing Lender to increase
its Tranche A Revolving Loan Commitment or other Eligible Assignees to become a Lender hereunder and to issue commitments in an amount equal to the amount of the increase in the Aggregate Tranche A Revolving Loan Commitments requested by the Lead
Borrower and not accepted by Wells Fargo (and the Lead Borrower may also invite additional Eligible Assignees to become Lenders, in consultation with the Administrative Agent) (each, an “Additional Commitment Lender”). In the event
Wells Fargo or any Additional Commitment Lender has agreed to provide increases in their Tranche A Revolving Loan Commitments or new Tranche A Revolving Loan Commitments (as applicable) in an aggregate amount in excess of the increase in the
Aggregate Commitments requested by the Lead Borrower or permitted hereunder, the 

  
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Administrative Agent shall then have the right to allocate such commitments, first to Lenders and then to Eligible Assignees, in such amounts and manner as the Administrative Agent may determine,
after consultation with the Lead Borrower. 
 (c) Conditions to Effectiveness of Increase. As a condition precedent to such increase
in the amount of the Tranche A Revolving Loan Commitment of Wells Fargo or new or additional Tranche A Revolving Loan Commitments of any Additional Commitment Lender, as the case may be (and a concurrent increase in the Tranche A Revolving Loan
Limit), (i) the Lead Borrower shall deliver to the Administrative Agent a certificate of each Loan Party dated as of the Increase Effective Date signed by a Responsible Officer of such Loan Party (A) certifying and attaching the
resolutions adopted by such Loan Party approving or consenting to such increase, and (B) in the case of the Borrowers, certifying that, before and after giving effect to such increase, (1) the representations and warranties contained in
Article V and the other Loan Documents shall be true and correct in all material respects on and as of the Increase Effective Date, except (i) to the extent that such representations and warranties specifically refer to an earlier date, in
which case they shall be true and correct as of such earlier date, (ii) in the case of any representation and warranty qualified by “materiality”, “Material Adverse Effect” or similar language, they shall be true and correct
in all respects, and (iii) for purposes of this Section 2.15, the representations and warranties contained in subsections (a) and (b) of Section 5.05 shall be deemed to refer to the most recent statements
furnished pursuant to clauses (a) and (b), respectively, of Section 6.01, (ii) the Borrowers shall have paid such fees and other compensation to Wells Fargo or any Additional Commitment Lenders as the Lead Borrower and Wells
Fargo or such Additional Commitment Lenders shall agree, as the case may be; provided, that, in no event shall the fees (including any initial commitment fee), interest rate and other compensation offered or paid in respect of
additional Tranche A Revolving Loan Commitments or increase in Tranche A Revolving Loan Commitments have higher fees or rates than the amounts paid and payable to the then existing Lenders in respect of their Tranche A Revolving Loan Commitments,
unless the fees, interest rate and other compensation payable to the then existing Lenders are increased to the same as those paid in connection with the additional Tranche A Revolving Loan Commitments or increase in Tranche A Revolving Loan
Commitments; (iii) the Borrowers shall have paid such arrangement fees to the Administrative Agent as the Lead Borrower and the Administrative Agent may agree; (iv) no Default or Event of Default exists; (v) the Borrowers shall
deliver to the Administrative Agent and the Lenders an opinion or opinions, in form and substance reasonably satisfactory to the Administrative Agent, from counsel to the Borrowers reasonably satisfactory to the Administrative Agent and dated such
date; and (vi) the Borrowers and any Additional Commitment Lender shall have delivered such other instruments, documents and agreements as the Administrative Agent may reasonably have requested. 

  
 6 

 (d) Increase Effective Date. If the Aggregate Commitments are increased in accordance with
this Section, the Administrative Agent, in consultation with the Lead Borrower, shall determine the effective date (the “Increase Effective Date”) which date shall be no more than 10 days following the date of the requested
increase; provided, that, all of the conditions set forth in clause (b) have been satisfied. 
 (e) Conflicting
Provisions. This Section shall supersede any provisions in Sections 2.13 or 10.01 to the contrary.” 
 (c)
Compliance with Laws. Section 5.16 of the Credit Agreement is hereby amended and restated in its entirety as follows: 

“(a) Generally. 

(i) Each of the Loan Parties and each Restricted Subsidiary is in compliance in all material respects with the requirements of
all Laws and all orders, writs, injunctions and decrees applicable to it or to its properties, except in such instances in which (a) such requirement of Law or order, writ, injunction or decree is being contested in good faith by appropriate
proceedings diligently conducted or (b) the failure to comply therewith, either individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. 

(ii) No part of the proceeds of any Loan will be used directly or indirectly (1) for the purpose of financing any
activities or business of or with any Person subject to any sanctions or economic embargoes administered or enforced by the U.S. Department of State or the U.S. Department of Treasury (including OFAC) or any other applicable sanctions authority (the
associated Laws, rules, regulations and orders, collectively, “Sanctions Laws”) or (2) for any payments to any Government Official or employee, political party, official of a political party, candidate for political office, or
anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of any Sanctions Laws or the FCPA 

(b) Anti-Terrorism Laws, Etc. Without limiting the foregoing, no Loan Party, any of its Restricted Subsidiaries or, to
the knowledge of the Borrowers, any of their respective Affiliates (i) is in violation of any Anti-Terrorism Law, (ii) engages in or conspires to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding,
any of the prohibitions set forth in any Anti-Terrorism Law, or (iii) is a Blocked Person. No Loan Party, any of its Restricted Subsidiaries or, to the knowledge of the Borrowers, any of their respective Affiliates (x) conducts any
business or engages in making or receiving any contribution of funds, goods or services to or for the benefit of any Blocked Person, or (y) deals in, or otherwise engages in any transaction relating to, any property or interest in property
blocked pursuant to Executive Order No. 13224, any similar executive order or other Anti-Terrorism Law. 
 (c)
Anti-Corruption Laws, Etc. No Loan Party, any of its Restricted Subsidiaries or, to the knowledge of the Borrowers, any of their respective Affiliates or any officer, director, or employee, or agent, representative, sales intermediary of such
Person, in each case, acting on behalf of any Loan Party or any of its Restricted Subsidiaries in violation of any applicable Anti-Corruption Law. None of the Loan Parties, its Restricted Subsidiaries or any of their Affiliates has been convicted of

  
 7 

 
violating any Anti-Corruption Laws or subjected to any investigation by a Governmental Authority for violation of any applicable Anti-Corruption Laws. There is no material suit, litigation,
arbitration, claim, audit, action, proceeding or investigation pending or, to the knowledge of any executive officer of the Borrowers, threatened against or affecting the Loan Parties, their Restricted Subsidiaries or any of their Affiliates related
to any applicable Anti-Corruption Law, before or by any Governmental Authority. None of the Loan Parties nor any of their respective Restricted Subsidiaries has conducted or initiated any internal investigation or made a voluntary, directed, or
involuntary disclosure to any Governmental Authority with respect to any alleged act or omission arising under or relating to any noncompliance with any Anti-Corruption Law. In the three (3) years prior to the Closing Date, none of the Loan
Parties nor any of their respective Restricted Subsidiaries has received any written notice, request or citation for any actual or potential noncompliance with any of the foregoing. 

(d) Foreign Assets Control Regulations and Anti-Money Laundering. Each Loan Party and its Restricted Subsidiaries are in
compliance in all material respects with all Sanctions Laws, and all applicable anti-money laundering and counter-terrorism financing provisions of the Bank Secrecy Act and all regulations issued pursuant to it. No Loan Party, any of its Restricted
Subsidiaries, or, to the knowledge of the Borrowers, any of their respective Affiliates, officers or directors (i) is a Person designated by the U.S. government on the list of the SDN List with which a U.S. Person cannot deal or otherwise
engage in business transactions or (ii) is organized, resident or operating in any country or territory that is itself the target of any Sanctions Laws.” 

(d) Section 6.08 of the Credit Agreement is hereby amended and restated in its entirety as follows: 

“6.08 Comply in all material respects with the requirements of all Laws and all orders, writs, injunctions and decrees applicable to it or
to its business or property (including all applicable ERISA, FCPA, OFAC, PATRIOT Act and anti-money laundering Laws), except in such instances in which the failure to comply therewith would not reasonably be expected to have a Material Adverse
Effect.” 
 (e) Article 10 of the Credit Agreement is hereby amended by adding a new Section 10.28 as follows: 

“10.28 Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes
to provide such funds or other support as may be needed from time to time by each other Loan Party to honor all of its obligations under the Guarantee in respect of Swap Contracts (provided, that, each Qualified ECP Guarantor shall
only be liable under this Section 10.28 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 10.28, or otherwise under the Guarantee, voidable under
applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section shall remain in full force and effect until Payment in Full of the
Obligations. Each Qualified ECP Guarantor intends that this Section 10.28 constitute, and this Section 10.28 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other
Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.” 

  
 8 

 3. Representations, Warranties and Covenants. Borrowers and Guarantors hereby represent,
warrant and covenant to Administrative Agent and the Lenders the following (which shall survive the execution and delivery of this Amendment No. 1), the truth and accuracy of which is a continuing condition of the making of Advances to
Borrowers: 
 (a) This Amendment No. 1 and each other agreement or instrument to be executed and delivered by Borrowers and Guarantors
in connection herewith (collectively, together with this Amendment No. 1, the “Amendment Documents”) have been duly authorized, executed and delivered by all necessary action on the part of Borrowers and Guarantors, and the agreements
and obligations of Borrowers and Guarantors contained herein and therein constitute the legal, valid and binding obligations of Borrowers and Guarantors, enforceable against them in accordance with their terms, except as enforceability is limited by
bankruptcy, insolvency, reorganization, receivership, moratorium or other laws affecting creditor’s rights generally and by general principles of equity; 

(b) The execution, delivery and performance of this Amendment No. 1 and the other Amendment Documents (if any) (i) are all within
Borrowers’ and Guarantors’ corporate or limited liability company powers, as applicable, (ii) are not in contravention of law or the terms of Borrowers’ and Guarantors’ certificate or articles of organization or formation,
operating agreement or other organizational documentation, or any indenture, agreement or undertaking to which Borrowers and Guarantors are a party or by which Borrowers and Guarantors or their property are bound and (iii) shall not result in
the creation or imposition of any lien, claim, charge or encumbrance upon any of the Collateral, other than liens permitted by the Credit Agreement and the Loan Documents as amended hereby; 

(c) All of the representations and warranties set forth in the Credit Agreement and the other Loan Documents, each as amended hereby, are true
and correct in all material respects on and as of the date hereof, as if made on the date hereof, except to the extent any such representation or warranty is made as of a specified date, in which case such representation or warranty shall have been
true and correct in all material respects as of such date; 
 (d) After giving effect to the amendments set forth in this Amendment
No. 1, no Default or Event of Default exists; and 
 (e) No action of, or filing with, or consent of any governmental or public body or
authority, and no approval or consent of any other party (other than, in each case, actions, filings or consents that have already been taken, made or obtained) is required to authorize, or is otherwise required in connection with, the execution,
delivery and performance of this Amendment No. 1 and the other Amendment Documents (if any), except to the extent the failure to so obtain any such action, filing or consent would not reasonably be expected to have a Material Adverse Effect.

 4. Conditions Precedent. This Amendment No. 1 shall not be effective until each of the following conditions precedent is
satisfied in a manner satisfactory to Administrative Agent: 
 (a) the receipt by Administrative Agent of this Amendment No. 1, duly
authorized and executed by Borrowers, Guarantors and Administrative Agent; and 
 (b) the receipt by Administrative Agent of the Amended and
Restated Fee Letter, dated as of the date hereof, duly authorized and executed by Borrowers and Administrative Agent; 
 (c) the receipt by
Administrative Agent of all fees payable in respect of this Amendment No. 1. 

  
 9 

 (d) the representations and warranties set forth in Section 3 of this Amendment No. 1
are true and accurate in all material respects; and 
 (e) no Default or Event of Default shall exist or have occurred (after giving effect
to the amendments made pursuant to this Amendment No. 1). 
 5. Effect of this Amendment. This Amendment No. 1 constitutes
the entire agreement of the parties with respect to the subject matter hereof, and supersedes all prior oral or written communications, memoranda, proposals, negotiations, discussions, term sheets and commitments with respect to the subject matter
hereof. Except as expressly amended pursuant hereto, no other changes or modifications to the Loan Documents are intended or implied, and in all other respects the Loan Documents are hereby specifically ratified, restated and confirmed by all
parties hereto as of the effective date hereof. To the extent that any provision of the Credit Agreement or any of the other Loan Documents are inconsistent with the provisions of this Amendment No. 1, the provisions of this Amendment
No. 1 shall control. 
 6. Further Assurances. Borrowers and Guarantors shall execute and deliver such additional documents and
take such additional action as may be reasonably requested by Administrative Agent to effectuate the provisions and purposes of this Amendment No. 1. 

7. Governing Law. The rights and obligations hereunder of each of the parties hereto shall be governed by, and construed in accordance
with, the laws of the State of New York, but excluding any principles of conflicts of laws that would cause the application of the law of any jurisdiction other than the laws of the State of New York. 

8. Binding Effect. This Amendment No. 1 shall be binding upon and inure to the benefit of each of the parties hereto and their
respective successors and assigns. 
 9. Counterparts. This Amendment No. 1 may be executed in any number of counterparts, but
all of such counterparts shall together constitute but one and the same agreement. In making proof of this Amendment No. 1, it shall not be necessary to produce or account for more than one counterpart thereof signed by each of the parties
hereto. Delivery of an executed counterpart of this Amendment No. 1 by telecopier or other electronic means shall have the same force and effect as delivery of an original executed counterpart of this Amendment No. 1. Any party delivering
an executed counterpart of this Amendment No. 1 by telecopier or other electronic means also shall deliver an original executed counterpart of this Amendment No. 1, but the failure to deliver an original executed counterpart shall not
affect the validity, enforceability, and binding effect of this Amendment No. 1 as to such party or any other party. 
 [REMAINDER OF
PAGE INTENTIONALLY LEFT BLANK] 

  
 10 

 IN WITNESS hereof, the parties have executed and delivered this Amendment No. 1 as of the
day and year first above written. 
  

			
	BORROWERS:
	
	DESTINATION MATERNITY CORPORATION
		
	By:	 	 /s/ Anthony M. Romano

	Name:	 	Anthony M. Romano
	Title:	 	Chief Executive Officer
	
	CAVE SPRINGS, INC.
		
	By:	 	 /s/ Ronald J. Masciantonio

	Name:	 	Ronald J. Masciantonio
	Title:	 	Assistant Secretary
	
	GUARANTORS:
	
	MOTHERS WORK CANADA, INC.
		
	By:	 	 /s/ Judd P. Tirnauer

	Name:	 	Judd P. Tirnauer
	Title:	 	Treasurer
	
	DM URBAN RENEWAL, LLC.
		
	By:	 	 /s/ Judd P. Tirnauer

	Name:	 	Judd P. Tirnauer
	Title:	 	Executive Vice President & Chief Financial Officer

 [Signatures Continued on Following Page] 

  
 [Signature Page to
Amendment No. 1 to Credit Agreement] 

 [Signatures Continued from Previous Page] 

 

			
	ADMINISTRATIVE AGENT:
	
	WELLS FARGO BANK, NATIONAL ASSOCIATION
		
	By:	 	 /s/ Michael Stavrakos

	Name:	 	Michael Stavrakos
	Title:	 	Assistant Vice President

  
 [Signature Page to
Amendment No. 1 to Credit Agreement]Exhibit 10.1

 

SHARE EXCHANGE AGREEMENT

 

Pleasant Kids, Inc.

 

And 

 

Next Group Holdings,
Inc.

 

 

 

August 15, 2015

 

    	

    	 

    

 

THIS SHARE EXCHANGE AGREEMENT
(hereinafter referred to as this "Agreement") is entered into as of this 15 day of August, 2015 by and between Pleasant
Kids, Inc., a Florida corporation, and its Shareholders (hereinafter together with its subsidiaries referred to as “PLKD”)
and Next Group Holdings, Inc., a Florida corporation (“NGH”), which owns Next CALA, Inc. (94%); Meimoun & Mammon,
LLC (100%); NxtGn, Inc. (65%); Next Mobile, LLC (100%); and Next Mobile 360, LLC (100%), (NGH hereinafter together with each of
the foregoing entities may be referred to collectively as the "NGH Group"), upon the following premises:

 

Premises

 

WHEREAS, PLKD is a publicly held corporation organized
under the laws of the State of Florida and it intended to develop and distribute bottled water designed for children;

 

WHEREAS, NGH is a privately held
corporation organized under the laws of the State of Florida, and NGH is to be considered as being in the telephonic and communications
industry;  

 

WHEREAS, the boards of directors
of NGH and PLKD have determined that it is in the best interests of their respective corporations and their respective shareholders
that the corporations effect the Share Exchange subject to and on the terms and conditions set forth herein, including PLKD’s
acquiring 100% of the issued and outstanding securities of NGH in exchange for the issuance of 75,357,083 shares of PLKD common
stock, par value $.001 per share, and 8,600,000 shares of PLKD Series B Preferred Stock, par value $.001 per share as further
set forth in this Agreement;

 

    	2

    	 

    

 

NOW THEREFORE, on the stated premises
and for and in consideration of the mutual covenants and agreements hereinafter set forth and the mutual benefits to the parties
to be derived here from, it is hereby agreed as follows:

 

ARTICLE I

 

Section 1.01 Terms of the
Deal

  

(a) PLKD
and its Principals, jointly and severally, hereby represent and warrant, to NGH and the Next Group Parties (defined below) the
following: (I)As of the date hereof and the Closing, (a) PLKD has 9.5 Billion shares of common stock authorized with a par value
of $0.001 (each a "Common Share), of which 14,642,917Common Shares are issued and outstanding; (b) 50,000,000 shares of Series
A Preferred are authorized it being understood the Series A Preferred are entitled to vote 25 shares of Common stock per 1 share
of Series A Preferred Stock; it being further understood issued and are convertible into Common Stock at a ratio of 25 shares
of Common Stock per 1 share of Series A Preferred Stock; it being understood holders of all of the issued and outstanding Series
A Preferred will convert to Common Shares as provided below and/or all Series A Preferred will be cancelled and no longer authorized
promptly after Closing; and (c)10,000,000 shares of Series B Preferred Stock are authorized and 10,000,000 are issued and outstanding;
it being understood the Preferred B Shares are entitled to vote 1,000 shares of Common Stock per 1 share of Series B Preferred
Stock and are not convertible into Common Stock; and (ii) PLKD has no options, convertible securities, warrants and/or other rights
convertible or exchangeable for stock (common or preferred or otherwise) in PLKD authorized nor issued and outstanding except
for (x) $109,110 in Convertible Notes held by LG Capital, Service Trading Company of which $62,000.00 is outstanding, , and (y)
approximately $35,000 of Convertible Notes issued to Service Trading Company LLC, and recently raised by Company and thus
credited against the $150,000 described below; it being understood that as precondition to Closing all Convertible Notes shall
be consolidated and all Converted Notes if converted cannot in the aggregate receive more than 9.9% of the total issued and outstanding
Common Shares in PLKD; it being further understood that none of the Convertible Notes are convertible to preferred stock.

 

(b) As of the Closing (as defined
below), PLKD and its directors shall appoint Arik Maimon as Chief Executive Officer, President, and Chairman of the Board of Directors
effective immediately as of Closing. The other unfilled Officer and Director positions such as Treasurer, and Secretary, will
be appointed by the those person(s) serving as Board of Director(s) of NGH as of the Closing and shall serve at the leisure as
board of director members of PLKD. As a precondition to Closing, NGH must receive a commitment of at least $500,000 of debt and/or
equity capital raise in a form satisfactory to NGH.

 

(c) At Closing, NGH shall cause
its shareholders to transfer and assign100% of their respective shares in NGH to PLKD in exchange for the issuance of 75,357,083
common shares (subject to restrictions described below) in PLKD by PLKD, which shares represent as of the Closing 75.357% of the
total issued and outstanding Common Shares of PLKD on a fully diluted basis including, without limitation, after the conversion
and/or cancellation of the Class A Preferred Shares but excluding the Class B Preferred Shares as described below; it being understood
that immediately following this exchange PLKD will have a total of 100,000,000 million issued and outstanding Commons Shares on
a fully diluted basis. As indicated below, it is the intention that such exchange qualify as tax free reorganization under Section
368(a)(1)(B) of the Internal Revenue Code of 1986, as amended (the “Code”).

 

    	2

    	 

    

 

(d) The 75,357,083 common shares
in PLKD shall be distributed and issued to and as follows:

 

	 	Name of Shareholder	 	No. of Common Shares to be Issued 75,357,083	 	 	Percent of Total Shares Issued as part of Exchange	 
	 	Arik Meimoun	 	 	36,364,314	 	 	 	48.256	%
	 	Laivi Forta	 	 	876,403	 	 	 	1.163	%
	 	Natali Dadon	 	 	876,403	 	 	 	1.163	%
	 	Michael De Prado	 	 	6,199,627	 	 	 	8.227	%
	 	Ali Guven Kivilcim	 	 	7,119,737	 	 	 	9.448	%
	 	Huseyin Kizanlikli	 	 	21,358,458	 	 	 	28.343	%
	 	Vedat Kalkuz	 	 	437,825	 	 	 	0.581	%
	 	Larry Kolb	 	 	437,825	 	 	 	0.581	%
	 	David Bernard	 	 	876,403	 	 	 	1.163	%
	 	Deng Ventures, LLC	 	 	591,553	 	 	 	0.785	%
	 	Jung M. Park	 	 	218,536	 	 	 	0.290	%
	 	Totals	 	 	75,357,083	 	 	 	100.000	%

  

Each of the shareholders listed
in the above table may be referred to herein collectively as the '"Next Group Parties". Laivi Forta, Natali Dadon, David
Bernard, Deng Ventures, LLC, and Jung M. Park hereby agree to vote their respective shares in the same manner as voted by Arik
Meimoun until either Arik Meimoun no longer has shares in PLKD, the death or disability of Arik Meimoun, or with respect to those
shares sold by any of the foregoing.

 

(e) At Closing, NGH shall cause
the Next Class B Group (as defined below) in the percentages indicated in the below table to acquire from Robert Rico and Calvin
Lewis, and they hereby agree to sell to the Next Group Parties in such percentages indicated in the table below, 10,000,000 of
the PLKD Preferred Class B shares (collectively, the “Class B Shares”) which represents 100% of the total issued and
outstanding Preferred Class B shares in PLKD on a on a fully diluted basis free and clear of all liens and restrictions for $115,000
($150,000 less the $35,000 already paid). Robert Rico and Calvin Lewis, jointly and severally, hereby represent and warrant to
PLKD, NGH and the Next Class B Group (who are third party beneficiaries under this Agreement) that they own all of the Class B
Shares authorized issued and outstanding free and clear of all liens, claims and encumbrances. The Class B Shares shall be held
in escrow by an escrow agent selected by Arik Meimoun until the entire $115,000 has been paid to Robert Rico and Calvin Lewis;
it being further understood that the voting powers and other rights relating the Series B Preferred shares while held in escrow
belong to the Next Class B Group issued such shares and not the pledge (Robert Rico and Calvin Lewis), unless there is a Class
B Default (defined below)which is not cured within 5 business days after receipt of notice of such default; it being understood
if there is a Class B Default that is not cured the voting rights of the Class B Shares shall belong to Robert Rico and Calvin
Lewis in the following percentages respectively 50% and 50% (“Seller Percentages”). A Class B Default shall mean failure
to pay Robert Rico (“Rico”) and Lewis (“Lewis) on a timely basis the payments described in the below portion
of this paragraph and Rico and Lewis deliver written notice of such default to the Next Class B Group and a 5 business day opportunity
to cure. The $115,000 shall be paid to Rico and Lewis based on their Seller Percentages in the following manner: 23% of any debt
or equity capital raised by PLKD, NGH and/or any of the NGH Group during the three month period following Closing. . PLKD and
NGH shall cause the recipient of the debt or equity capital (“Recipient”) to disburse such 23% within two business
days after receipt by the Recipient to Robert Rico and Calvin Lewis based on their respective Seller Percentages. If the 23% is
not timely disbursed, 10% simple annual interest will begin to accrue on the undisbursed amount plus a $500 dollar per day penalty
will be owed until the unpaid 23% is disbursed. If Rico and Lewis have not been paid in full during such three (3) month period,
then PLKD and NGH shall have 1 year from the end of such 3 month period to pay any portion of the $115,000 which remains outstanding
and the Class B Shares held in escrow shall serve as collateral and be considered pledged as security in favor of Rico and Lewis.
The parties acknowledge that as of the date hereof, $35,000 of $650,000 has been raised and the entire amount was paid to Mr.
Rico and Mr. Lewis. Therefore, the $150,000 owed has been reduced by $35,000 and only $115,000 is outstanding.

 

    	3

    	 

    

 

Once the $115,000 has been paid
to Rico and Lewis the Class B Shares will be released from escrow and distributed to the Next Class B Group who are as follows
and in amounts described in the below table:

 

	 	Name of Shareholder	 	No. of

Class B Shares to be Issued 10,000,000	 	 	Percent of Total Shares Issued as part of Exchange	 
	 	Arik Meimoun	 	 	4,350,000	 	 	 	43.500	%
	 	Laivi Forta	 	 	100,000	 	 	 	1.000	%
	 	Natali Dadon	 	 	100,000	 	 	 	1.000	%
	 	Michael De Prado	 	 	700,000	 	 	 	7.000	%
	 	Ali Guven Kivilcim	 	 	812,500	 	 	 	8.125	%
	 	Huseyin Kizanlikli	 	 	2,437,500	 	 	 	24.375	%
	 	Larry Kolb	 	 	50,000	 	 	 	0.500	%
	 	Vedat Kalkuz	 	 	50,000	 	 	 	0.500	%
	 	PLKD shall redeem for $1 the following Class B Shares and thus following amount shall be authorized but not issued	 	 	1,400,000	 	 	 	14.000	%
	 	Totals	 	 	10,000,000	 	 	 	100.000	%

 

    	4

    	 

    

 

(f) As of the Closing, the holders
of the Preferred Class A shares, will convert into 10,000,000 Common Shares ("Pleasant Kids Parties Common Shares"),
divided among the following: 4,000,000 Common Shares shall be registered to Robert Rico; 3,000,000 Common Shares shall be registered
to Calvin Lewis; 2,100,000 Common Shares shall be registered to Haim Yeffet; 450,000 Common Shares shall be registered to Jerry
Miller; and 450,000 Common Shares shall be registered to Karen Sierra (Rico, Lewis, Yeffet, Miller, and Sierra, all, collectively,
the "Pleasant Kids Parties"). The holders of the remaining amount of Preferred Class A Shares shall be redeemed by PLKD
for $1 and as of the Closing there will be no Preferred Class A Shares and all Preferred Class A Shares shall be cancelled. PLKD
at or shortly after Closing shall amend its articles of incorporation to eliminate Preferred Class A Shares as being authorized.
The issuance of the Pleasant Kids Parties Common Shares shall not dilute the Next Group Parties percent ownership of the total
issued and outstanding shares on a fully diluted basis in PLKD. To avoid confusion as of and immediately after the closing, the
Next Group Parties shall own shares representing 75.357%, the Pleasant Kids Parties shall own shares representing 10% and others
shall own the remainder percent (14.643%) of the total issued and outstanding shares of Common Stock based on One Hundred Million
Common Stock Shares outstanding in the PLKD. In conjunction with the delivery of the Common Shares to the Pleasant Kids Parties
the Company will also deliver all necessary documentation so that the Pleasant Kids Parties can deposit their Common Shares with
a broker dealer, (such documentation will include but not be limited to; Board Resolution issuing the shares; Reliance letter,
Non-Affiliate Letters, and Affirmation Letters, in each case to the extent accurate and reasonable; it being understood that PLKD
shall not have to incur significant expenses to accomplish the foregoing; it being further understood PLKD will not have to make
those shares publicly traded). By signing below, the Pleasant Kids Parties hereby irrevocably (coupled with an interest) assign
all their voting rights in Common Shares of PLKD to Arik Maimon for as long as they hold the Pleasant Kids Parties Common Shares
in the original names; however, as soon as the Pleasant Kids Parties Common Shares are sold the voting rights return to those
who acquired the shares; it being understood the Pleasant Kid Parties shall sign voting proxies in a form satisfactory to Arik
Meimoun delivering such voting rights to Arik Meimoun; it being understood that failure to sign such voting proxies shall give
Arik Meimoun the right to acquire all of the Pleasant Kid Party (who did not sign) shares in PLKD for $1.

 

(g) The Pleasant Kids
Parties hereby agree to the following (the "Leak Out Agreement"): (a) no Pleasant Kid Party shall sell or agree to
sell any shares in PLKD for a term of six months from the issuance of the Common Shares (the "Leak Out Period");
(b) no Pleasant Kids Party shall be entitled to nor shall sell more than 10% of the PLKD shares owned (as of the first day of
each 30 day period) by such party in any such 30 consecutive day period ("Leak Out Percentage") [As an example, if
a shareholder had 12,000,000 shares that shareholder would only be able to sell 1,200,000 shares per 30 day period]; it being
understood that the unused or unutilized portion Leak Out Percentage does not rollover to the next 30 day period and cannot
be combined. For instance, if on January 1 (first day of 30 day period) shareholder owned 1,000,000 shares then such
shareholder may only sell 100,000 during the 30 day period beginning on January 1; and (c) During the Leak Out Period, PLKD
will not be permitted to reverse split its common shares and PLKD will have the first right of refusal to purchase the
Pleasant Kids Parties Leak Out Percentage for a 20 percent discount to market based on the highest trading price of the
Common stock over the 10 trading days prior to the Rights Notice (defined below), during the first 10 days of every month
prior to selling to the market.

 

    	5

    	 

    

 

(h) The Pleasant Kids Parties
hereby represent and warrant to NGH and the Next Group Parties (who are third party beneficiaries to this Agreement) that, as
of the date of this Agreement, the Company duly owes the total amount of $108,668 to two officers of the Company, Robert Rico
and Calvin Lewis, for funds they from time to time loaned to the Company, and that, of such total amount, $91,693 remains owed
to Mr. Rico and $16,975 remains owed to Mr. Lewis (collectively, the "Officer Loan Debts"). The Pleasant Kids Parties,
jointly and severally, hereby further represent and warrant to NGH and the Next Group Parties (who are third party beneficiaries
of this Agreement) that, as of the date of this Agreement and the Closing, the Company also owes Messrs. Rico and Lewis, collectively,
the amount of $203,487 in deferred compensation (the "Deferred Officer Compensation"). Robert Rico and Calvin Lewis
hereby jointly and severally represent and warrant to NGH and the Next Group Parties (who are third party beneficiaries of the
entire Agreement) that (a) PLKD has no liabilities, claims, and/or obligations (the "Liabilities") except as set forth
herein (whether known or unknown, contingent or otherwise) and the $42,000 owed to Frank Iglesias and (b) PLKD is not subject
to any claims, leases, obligations, lawsuits, proceedings, investigations, or otherwise , and (c) The total issued and outstanding
stock and owners thereof are set forth in Exhibit B and there are no other issued stock and/or convertible securities or options
except as specifically described herein. The representations and warranties made by the parties in this Agreement shall survive
Closing for 3 years or the applicable statute of limitations period, whichever is longer. The current business (the assets and
liabilities, known and unknown) of PLKD which exists immediately prior to the date hereof will be spun off into a new entity of
which the Next Group Parties and PLKD shall not receive any ownership interest in such new entity. All Liabilities shall be assumed
by the entity taking on the legacy assets and Robert Rico and Calvin Lewis shall cause PLKD to be released from all such Liabilities
within six months after the closing. Additionally, Rico and Lewis, shall jointly and severally indemnify and hold harmless PLKD
and NGH from any and all liabilities relating to the business of PLKD operating prior to the date hereof and pay any reasonable
indemnificable obligation upon reasonable request by PLKD and/or NGH within 10 days of such request even if made in advance. ;
it being understood any liabilities not satisfied may be satisfied and reduce the amounts owed to Rico and Lewis dollar for dollar.
In the final definitive agreement, Rico and Lewis rather than PLKD will make various representations and warranties relating to
claims, liabilities, lawsuits, contracts, debts and so forth. The new entity and Rico and Lewis shall be jointly and severally
responsible for any and all tax implications relating to the spin off imposed on the PLKD, NGH or any of this subsidiaries or
affiliates.

 

(i) Upon the completion of the
payment of the remaining $115,000 to Messrs. Rico and Lewis, collectively, they shall irrevocably forgive, discharge, cancel,
and extinguish 100% of the Officer Loan Debts and 100% the Deferred Officer Compensation in consideration of this Agreement, at
the Closing irrevocably selling, convey, and transferring to Messrs. Rico and Lewis, free and clear of any liens and encumbrances,
essentially all title, rights, and interest in and appurtenant to all of the legacy assets of Pleasant Kids, Inc. relating to
its Alkaline Waters and All Natural Juices products (the "Pleasant Kids Beverage Business"), including, without limitation,
all copyrighted, trademarked, website, marketing materials, contracts, and intellectual properties of the Pleasant Kids Beverage
Business, and all accounts receivable and accounts payable relating thereto, as well as all existing contracts with Miami Children's
Hospital, Milam's Markets IGA, ISSF, Ritz-Carlton, and Sunshine Beverage relating to the Pleasant Kids Beverage Business; and
after such spin off the Pleasant Kids Beverage Business shall be owned and operated by Messrs. Rico and Lewis as an entirely separate
business with no affiliation to the Company.

 

(j) Within 72 days of Closing
or as required by law, NGH shall provide PLKD and all regulatory authorities of competent jurisdiction and purview with audited
financial statements as required by the rules and regulations promulgated by the Securities and Exchange Commission and other
applicable laws and regulations.

 

    	6

    	 

    

 

(k)  Following the delivery of
the audited financials, PLKD shall begin the process of changing its name to Next Group Holdings, or a similar name which
does not include any or all of the words ''Pleasant Kids".

 

(l) Before the legal deadlines
for such filings, PLKD shall file all required documentation with the Securities and Exchange Commission, FINRA, and such other
regulatory bodies as necessary and required to legally effect the transactions contemplated herein.

 

ARTICLE II

REPRESENTATIONS, COVENANTS, AND WARRANTIES OF NGH

 

As an inducement to, and to obtain
the reliance of PLKD, NGH represents and warrants as follows:

 

Section 2.01 Organization.  NGH
is a corporation duly organized, validly existing, and in good standing under the laws of the State of Florida, and has the corporate
power and is duly authorized, qualified, franchised, and licensed under all applicable laws, regulations, ordinances, and orders
of public authorities to own all of its properties and assets and to carry on its business in all material respects as it is now
being conducted, including qualification to do business as a foreign corporation in the states or other jurisdictions in which
the character and location of the assets owned by it or the nature of the business transacted by it requires qualification, except
where failure to be so qualified would not have a material adverse effect on its business. Included in the NGH Schedule 2.01 are
complete and correct copies of the Articles of Incorporation and Bylaws of NGH as currently in effect.  The execution and
delivery of this Agreement does not, and the consummation of the transactions contemplated hereby will not, violate any provision
of NGH's Articles of Incorporation.  NGH has taken all actions required by law, its Articles of Incorporation, or otherwise,
to authorize the execution and delivery of this Agreement.  NGH has full power, authority, and legal right and has taken
all action required by law, it’s Articles of Incorporation, and otherwise, to consummate the transactions herein contemplated.

 

Section 2.02 Capitalization.
 The authorized capitalization of NGH consists of 1,000,000 shares of common stock, and no shares of preferred stock, of
which 860,000common shares are currently issued and outstanding and -0- shares of preferred stock are currently issued and outstanding.
 All issued and outstanding shares are legally issued, fully paid, and non-assessable and not issued in violation of preemptive
or other rights of any person.

 

Section 2.03 Subsidiaries and
Predecessor Corporations.  NGH does not have any predecessor corporation(s), but does have ownership interests in the following
entities and the percentage ownership next to it: (Next CALA, Inc. (94%); Meimoun & Mammon, LLC (100%); NxtGn, Inc. (65%);
Next Mobile, LLC (100%); and Next Mobile 360, LLC (100%)) as further disclosed on Schedule 2.03, and does not own, beneficially
or of record, any shares of any other corporation, except as disclosed in Schedule 2.03.  The term Next Group for purposes
of this Agreement includes NGH and those entities it has an ownership interest in.

 

    	7

    	 

    

 

Section 2.04 Financial Statements.

 

(a) Included in the Next Group
Schedule2.04 are (I) the audited balance sheets and the related statements of operations of Next Group as of and for the period
ended December 31, 2013 and 2014 and unaudited balance sheets and the related statements of operations of NGH as of and for the
period ended June 30, 2015.

 

(b) All such financial statements have been prepared in accordance with generally accepted accounting
principles. The Next Group balance sheets present a true and fair view as of the date of such balance sheet of the financial condition
of Next Group.  Next Group did not have, as of the date of such balance sheets, except as and to the extent reflected or
reserved against therein, any liabilities or obligations (absolute or contingent) which should be reflected in the balance sheets
or the notes thereto, prepared in accordance with generally accepted accounting principles, and all assets reflected therein are
properly reported and present fairly the value of the assets of Next Group in accordance with generally accepted accounting principles.

 

(c) NGH has filed all federal,
state or local income and/or franchise tax returns required to be filed by it from inception to the date hereof.  Each of
such income tax returns reflects the taxes due for the period covered thereby, except for amounts which, in the aggregate, are
immaterial.

 

Section 2.06 Options or Warrants.
 On the Closing Date, there will be no existing options, warrants, calls, or commitments of any character relating to the
authorized and unissued common stock of NGH.

 

Section 2.11 No Conflict With
Other Instruments.  The execution of this Agreement and the consummation of the transactions contemplated by this Agreement
will not result in the breach of any term or provision of, constitute an event of default under, or terminate, accelerate or modify
the terms of any material indenture, mortgage, deed of trust, or other material contract, agreement, or instrument to which NGH
is a party or to which any of its properties or operations are subject.

 

Section 2.13 Compliance With
Laws and Regulations.  Except as set forth in the NGH Schedule 2.13, to the best of its knowledge, NGH has complied with
all applicable statutes and regulations of any federal, state, local or other governmental entity or agency thereof, except to
the extent that noncompliance would not materially and adversely affect the business, operations, properties, assets, or condition
of NGH or except to the extent that noncompliance would not result in the occurrence of any material liability for NGH.

 

Section 2.15 Approval of Agreement.
 The board of directors of NGH has authorized the execution and delivery of this Agreement by NGH and has approved this Agreement
and the transactions contemplated hereby, and will recommend to the NGH Shareholders that the Exchange be accepted by them.

 

    	8

    	 

    

 

Section 2.18 NGH Schedules.
 NGH has delivered or shall deliver to PLKD the schedules described herein, which are collectively referred to as the "
NGH Schedules"

 

NGH shall cause the NGH Schedules
and the instruments and data delivered to PLKD hereunder to be promptly updated after the date hereof up to and including the
Closing.

 

It is understood and agreed that
not all of the schedules referred to above have been completed or are available to be furnished by NGH.  NGH shall have until
August 30, 2015, to provide such schedules.

 

Section 1.20 Valid Obligation.
 This Agreement and all agreements and other documents executed by NGH in connection herewith constitute the valid and binding
obligation of NGH, enforceable in accordance with its or their terms, except as may be limited by bankruptcy, insolvency, moratorium
or other similar laws affecting the enforcement of creditors' rights generally and subject to the qualification that the availability
of equitable remedies is subject to the discretion of the court before which any proceeding therefore may be brought.

 

Section 1.21
Securities Law Representations.  The stockholders of NGH will agree in writing to acquire the shares of PLKD common stock
for investment purposes only, for their own account and not with an intention of distribution as contemplated by the provisions
of Section 2(11) of the Securities Act of 1933 (“Securities Act”).  The stockholders of NGH will represent in
writing that they are each an “accredited investor” as such term is defined in Rule 501(a) of Regulation D under the
Securities Act.  Such shares of PLKD common stock are “restricted securities,” as that term is defined in Rule
501(a) of the Securities Act, and the certificates evidencing such shares shall bear customary restrictive transfer legends and
be subject to stop-transfer instructions.  

 

ARTICLE II

REPRESENTATIONS, COVENANTS, AND WARRANTIES OF PLKD

 

As an inducement to, and to obtain
the reliance of NGH and the Next Group Parties, except as set forth in the PLKD Schedules (as hereinafter defined), PLKD, Rico
and Lewis, jointly and severally, represent and warrant as follows:

 

Section 2.01 Organization.  PLKD
is a corporation duly organized, validly existing, and in good standing under the laws of the State of Florida and has the corporate
power and is duly authorized, qualified, franchised, and licensed under all applicable laws, regulations, ordinances, and orders
of public authorities to own all of its properties and assets, to carry on its business in all material respects as it is now
being conducted, and except where failure to be so qualified would not have a material adverse effect on its business, there is
no jurisdiction in which it is not qualified in which the character and location of the assets owned by it or the nature of the
business transacted by it requires qualification.  Included in the PLKD Schedules are complete and correct copies of the
Articles of Incorporation and Bylaws of PLKD as in effect on the date hereof. The execution and delivery of this Agreement does
not, and the consummation of the transactions contemplated hereby will not, violate any provision of PLKD's Articles of Incorporation
or Bylaws.  PLKD has taken all action required by law, its Articles of Incorporation, its Bylaws, or otherwise to authorize
the execution and delivery of this Agreement, and PLKD has full power, authority, and legal right and has taken all action required
by law, its Articles of Incorporation, Bylaws, or otherwise to consummate the transactions herein contemplated. Need copies of
everything here like you originally asked of ngh like articles and so forth

 

    	9

    	 

    

 

Section 2.02 Capitalization.
 PLKD's authorized capitalization as of the Closing consists of 9,500,000,000 shares of common stock, par value $.001, of
which 14,642,917 shareare issued and outstanding, 50,000,000 shares of Series A Preferred Stock, par value $.001, of which 50,000,000
shares are issued and outstanding, and 10,000,000 shares of Series B Preferred Stock, par value $.001, of which 10,000,000 shares
are issued an outstanding.  All issued and outstanding shares are legally issued, fully paid, and non-assessable and not
issued in violation of the preemptive or other rights of any person.

 

Section 2.03 Subsidiaries and
Predecessor Corporations.  PLKD's subsidiaries are disclosed in Schedule 2.03.  For purposes hereinafter, the term "PLKD"
also includes those subsidiaries, if any, set forth on Schedule 2.03.

 

Section 2.04 Securities Filings;
Financial Statements.

 

(a)  
Since February 27, 2008, PLKD has timely filed all forms, reports and
documents required to be filed with the Securities and Exchange Commission (“SEC”), and has heretofore delivered to
NGH, in the form filed with the SEC, (i) all quarterly and annual reports on Forms 10-Q (or 10-QSB) and 10-K (or 10-KSB) filed
since February 27, 2008, and (ii) all other reports filed by PLKD with the SEC since February 27, 2008 (collectively, the "SEC
Reports"). The SEC Reports (i) were prepared in accordance with the requirements of the Securities Exchange Act of 1934,
as appropriate, and (ii) did not contain any untrue statement of material fact or omit to state a material fact required to be
stated therein or necessary in order to make the statements therein, in the light of the circumstances under which they were madeSection
2.05 Options or Warrants.  There are no, and as of Closing there will be no, existing options, warrants, calls, or commitments
of any character relating to the authorized and unissued securities of PLKD.

 

Section 2.06 Litigation and Proceedings.
 There are no actions, suits, proceedings or investigations pending or, to the knowledge PLKD after reasonable investigation,
threatened by or against PLKD or affecting PLKD or its properties, at law or in equity, before any court or other governmental
agency or instrumentality, domestic or foreign, or before any arbitrator of any kind except as disclosed in Schedule 2.06.  PLKD
has no knowledge of any default on its part with respect to any judgment, order, writ, injunction, decree, award, rule or regulation
of any court, arbitrator, or governmental agency or instrumentality or any circumstance which after reasonable investigation would
result in the discovery of such default.

 

Section 2.07 Material Contract
Defaults.  PLKD is not in default in any respect under the terms of any outstanding contract, agreement, lease, or other
commitment which is material to the business, operations, properties, assets or condition of PLKD and there is no event of default
in any respect under any such contract, agreement, lease, or other commitment in respect of which PLKD has not taken adequate
steps to prevent such a default from occurring.

 

    	10

    	 

    

 

Section 2.08 No Conflict With
Other Instruments.  The execution of this Agreement and the consummation of the transactions contemplated by this Agreement
will not result in the breach of any term or provision of, constitute a default under, or terminate, accelerate or modify the
terms of, any indenture, mortgage, deed of trust, or other material agreement or instrument to which PLKD is a party or to which
any of its assets or operations are subject.

 

Section 2.09 Governmental Authorizations.
 PLKD has all licenses, franchises, permits, and other governmental authorizations, that are legally required to enable it
to conduct its business operations in all material respects as conducted on the date hereof.  Except for compliance with
federal and state securities or corporation laws, as hereinafter provided, no authorization, approval, consent or order of, of
registration, declaration or filing with, any court or other governmental body is required in connection with the execution and
delivery by PLKD of this Agreement and the consummation by PLKD of the transactions contemplated hereby.

 

Section 2.10 Compliance With
Laws and Regulations.  To the best of its knowledge, PLKD has complied with all applicable statutes and regulations of any
federal, state, or other applicable governmental entity or agency thereof, except to the extent that noncompliance would not materially
and adversely affect the business, operations, properties, assets or condition of PLKD or except to the extent that noncompliance
would not result in the occurrence of any material liability.  This compliance includes, but is not limited to, the filing
of all reports to date with federal and state securities and corporation authorities.

 

 Section 2.11 Approval of
Agreement.  The board of directors of PLKD has authorized the execution and delivery of this Agreement by PLKD and has approved
this Agreement and the transactions contemplated hereby and, if necessary and appropriate, will recommend to its shareholders
that they approve this Agreement and the transactions contemplated hereby.       

 

Section 2.12 Continuity
of Business Enterprises.  PLKD has no commitment or present intention to liquidate PLKD or sell or otherwise dispose of a
material portion of PLKD's business or assets until following the consummation of the transactions contemplated hereby.

 

Section 2.13 Valid Obligation.
 This Agreement and all agreements and other documents executed by PLKD in connection herewith constitute the valid and binding
obligation of PLKD, enforceable in accordance with its or their terms, except as may be limited by bankruptcy, insolvency, moratorium
or other similar laws affecting the enforcement of creditors' rights generally and subject to the qualification that the availability
of equitable remedies is subject to the discretion of the court before which any proceeding therefor may be brought.

 

ARTICLE III

THE SHARE EXCHANGE

 

Section 3.01 The Share Exchange.
 On the terms and subject to the conditions set forth in this Agreement, on the Closing Date (as defined in Section 3.03),
PLKD will acquire 100% of the issued and outstanding securities of NGH in exchange for the issuance of 75,357,083shares of PLKD
common stock, par value $.001 per share, and 8,600,000 shares of PLKD Series B Preferred Stock, par value $.001 per share, and
the payment of $150,000 ($35,000 already paid) to Robert Rico and Calvin Lewis

 

    	11

    	 

    

 

Section 3.02 Closing.  The
closing ("Closing") of the transactions contemplated by this Agreement shall be on a date, at such place and at such
time as the parties may agree ("Closing Date"), but not later than August 15, 2015, subject to the completion of the
NGH Public Company Accounting Oversight Board (“PCAOB”) approved audit and the right of PLKD to extend such Closing
Date by up to an additional sixty days.   AND CONDITIONS UNDER THIS AGREEMENT.  

 

Section 3.03 Closing Events.
 At the Closing, PLKD, NGH and each of the Accepting Shareholders shall execute, acknowledge, and deliver (or shall ensure
to be executed, acknowledged, and delivered) any and all certificates, opinions, financial statements, schedules, agreements,
resolutions, rulings or other instruments required by this Agreement to be so delivered at or prior to the Closing, together with
such other items as may be reasonably requested by the parties hereto and their respective legal counsel in order to effectuate
or evidence the transactions contemplated hereby.  

 

Section 3.04 Termination.

 

		(a)	This
                                         Agreement may be terminated by the board of directors of either PLKD or NGH at any time
                                         prior to the Closing Date if:

 

	 	 	i.	there
                                         shall be any actual or threatened action or proceeding before any court or any governmental
                                         body which shall seek to restrain, prohibit, or invalidate the transactions contemplated
                                         by this Agreement and which, in the judgment of such board of directors, made in good
                                         faith and based upon the advice of its legal counsel, makes it inadvisable to proceed
                                         with the Share Exchange; or
	 	 	 	 
	 	 	ii.	any
                                         of the transactions contemplated hereby are disapproved by any regulatory authority whose
                                         approval is required to consummate such transactions (which does not include the Securities
                                         and Exchange Commission) or in the judgment of such board of directors, made in good
                                         faith and based on the advice of counsel, there is substantial likelihood that any such
                                         approval will not be obtained or will be obtained only on a condition or conditions which
                                         would be unduly burdensome, making it inadvisable to proceed with the Share Exchange.

 

In the event of termination pursuant
to this paragraph (a) of Section 3.04, no obligation, right or liability shall arise hereunder, and each party shall bear all
of the expenses incurred by it in connection with the negotiation, drafting, and execution of this Agreement and the transactions
herein contemplated.

 

		(b)	This
                                          Agreement may be terminated by the board of directors of PLKD at any time prior
                                         to the Closing Date if:

 

		 	i.	there shall
    have been any change after the date of the latest balance sheet of NGH in the assets, properties, business, or financial
    condition of NGH, which could have a materially adverse effect on the financial statements of NGH listed in Section 1.04(a)
    taken as a whole, except any changes disclosed in the NGH Schedules;

 

    	12

    	 

    

 

		 	ii.	the board
    of directors of PLKD determines in good faith that one or more of NGH's conditions to Closing in Article V has not occurred,
    through no fault of NGH;
	 	 	 	 
		 	iii.	NGH shall
    fail to comply in any material respect with any of its covenants or agreements contained in this Agreement or if any of the
    representations or warranties of NGH contained herein shall be inaccurate in any material respect, where such noncompliance
    or inaccuracy has not been cured within ten days after written notice thereof.

 

If this Agreement is terminated
pursuant to this paragraph (b)(i), (ii) or (iii) of  Section 3.04, this Agreement shall be of no further force or effect,
and no obligation, right or liability shall arise hereunder, except  that NGH shall bear its own costs in connection with
the negotiation, preparation, and execution of this Agreementand qualifying the offer and sale of securities to be issued in the
Share Exchange under the registration requirements, or an exemption from the registration requirements, of state and federal securities
laws.

 

		(b)	This
                                         Agreement may be terminated by the board of directors of NGH at any time prior to the
                                         Closing Date if:

  

		 	i	PLKD
    shall fail to comply in any material respect with any of its covenants or agreements contained in this Agreement or if any
    of the representations or warranties of PLKD or rico or lewis contained herein shall be inaccurate in any respect, here such
    noncompliance or inaccuracy has not been cured within ten days after written notice thereof.

 

Conditions
of this deal not met

match plkd

 

If this Agreement is terminated
pursuant to this paragraph (c) of Section 3.04, this Agreement shall be of no further force or effect, and no obligation, right
or liability shall arise hereunder, except that PLKD shall bear its own costs incurred in connection with the negotiation, preparation
and execution of this Agreement.

 

ARTICLE IV

SPECIAL COVENANTS

 

Section 4.01 Access to Properties
and Records.  PLKD will afford to NGH the officers and authorized representatives of the other full access to the properties,
books and records of PLKD in order that each may have a full opportunity to make such reasonable investigation as it shall desire
to make of the affairs of the other, and will furnish the other with such additional financial and operating data and other information
as to the business and properties of PLKD as the other shall from time to time reasonably request.  Without limiting the
foregoing, as soon as practicable after the end of each fiscal quarter (and in any event through the last fiscal quarter prior
to the Closing Date), each party shall provide the other with quarterly internally prepared and unaudited financial statements.

 

    	13

    	 

    

  

Section 4.02 Delivery of Books
and Records.  At the Closing, NGH shall deliver to PLKD the originals of the corporate minute books, books of account, contracts,
records, and all other books or documents of NGH and NGH, Inc., its subsidiary, now in the possession of NGH or its representatives.

 

Section 4.03 Third Party Consents
and Certificates.  PLKD and NGH agree to cooperate with each other in order to obtain any required third party consents to
this Agreement and the transactions herein contemplated.

 

Section 4.04 Consent of NGH Shareholders.
 NGH shall use its best efforts to obtain the consent of all NGH shareholders to participate in the Share Exchange.

 

Section 4.05 Actions Prior to
Closing.

 

		(a)	From
                                         and after the date of this Agreement until the Closing Date and except as set forth in
                                         the NGH Schedules or as permitted or contemplated by this Agreement, PLKD (subject to
                                         paragraph (d) below) and NGH respectively, will each:

 

	 	 	i.	carry
    on its business in substantially the same manner as it has heretofore;
	 	 	 	 
	 	 	ii.	maintain
    and keep its properties in states of good repair and condition as at present, except for depreciation due to ordinary wear
    and tear and damage due to casualty;
	 	 	 	 
	 	 	iii.	maintain
    in full force and effect insurance comparable in amount and in scope of coverage to that now maintained by it;
	 	 	 	 
	 	 	iv.	perform
    in all material respects all of its obligations under material contracts, leases, and instruments relating to or affecting
    its assets, properties, and business;
	 	 	 	 
	 	 	v.	use
    its best efforts, taking into account its cash situation, to maintain and preserve its business organization intact, to retain
    its key employees, and to maintain its relationship with its material suppliers and customers; and
	 	 	 	 
	 	 	vi.	fully
    comply with and perform in all material respects all obligations and duties imposed on it by all federal and state laws and
    all rules, regulations, and orders imposed by federal or state governmental authorities.

  

		(b)	From
                                         and after the date of this Agreement until the Closing Date, neither PLKD nor NGH will:

 

	 	 	i.	make
    any changes in their articles of incorporation or bylaws; or

 

    	14

    	 

    

 

	 	 	ii.	(ii)
    enter into or amend any contract, agreement, or other instrument of any of the types described in such party's schedules,
    except that a party may enter into or amend any contract, agreement, or other instrument in the ordinary course of business
    involving the sale of goods or services.

 

Section 4.06 Sales Under Rule
144, If Applicable.

 

		(a)	PLKD
                                         will use its best efforts to at all times comply with the reporting requirements of the
                                         Securities Exchange Act of 1934 (the "Exchange Act"), including timely filing
                                         of all periodic reports required under the provisions of the Exchange Act and the rules
                                         and regulations promulgated thereunder.

 

		(b)	Upon
                                         being informed in writing by any such person holding restricted stock of PLKD that such
                                         person intends to sell any shares under Rule 144 of the Securities Act of 1933 (including
                                         any rule adopted in substitution or replacement thereof), PLKD will certify in writing
                                         to such person that it has filed all of the reports required to be filed by it under
                                         the Exchange Act, in satisfaction of the current public information condition of Rule
                                         144.

 

		(c)	If
                                         any certificate representing any such restricted stock is presented to PLKD's transfer
                                         agent for registration of transfer in connection with any sale theretofore made under
                                         Rule 144, provided such certificate is duly endorsed for transfer by the appropriate
                                         person(s) or accompanied by a separate stock power duly executed by the appropriate person(s),
                                         in each case with reasonable assurances that such endorsements are genuine and effective,
                                         and is accompanied by an opinion of counsel satisfactory to PLKD and its counsel that
                                         the transfer has complied with the requirements of Rule 144, PLKD will promptly instruct
                                         its transfer agent to register such shares and to issue one or more new certificates
                                         representing such shares to the transferee and, if appropriate under the provisions of
                                         Rule 144, free of any stop transfer order or restrictive legend.  The provisions
                                         of this Section 4.06 shall survive the Closing and the consummation of the transactions
                                         contemplated by this Agreement.

 

Section 4.07 Indemnification.

 

		(a)	NGH
                                         hereby agrees to indemnify PLKD and each of the officers, agents and directors of PLKD
                                         as of the date of execution of this Agreement against any loss, liability, claim, damage,
                                         or expense (including, but not limited to, any and all expense whatsoever reasonably
                                         incurred in investigating, preparing, or defending against any litigation, commenced
                                         or threatened, or any claim whatsoever), to which it or they may become subject arising
                                         out of or based on any inaccuracy appearing in or misrepresentations made under Article
                                         I of this Agreement.  The indemnification provided for in this paragraph shall survive
                                         the Closing and consummation of the transactions contemplated hereby and termination
                                         of this Agreement.

 

    	15

    	 

    

 

		(b)	PLKD
                                         same for rico and lewis hereby agrees to indemnify NGH and each of the officers, agents,
                                         and directors of NGH as of the date of execution of this Agreement against any loss,
                                         liability, claim, damage, or expense (including, but not limited to, any and all expense
                                         (including atty fees and costs) whatsoever reasonably incurred in investigating, preparing,
                                         or defending against any litigation, commenced or threatened, or any claim whatsoever),
                                         to which it or they may become subject arising out of or based on any inaccuracy appearing
                                         in or misrepresentation made under Article II of this Agreement, liabilities of plkd
                                         not being assumed, taxes, .... The indemnification provided for in this paragraph
                                         shall survive the Closing and consummation of the transactions contemplated hereby and
                                         termination of this Agreement. Must advance the money

 

Section 4.08 Management.

 

	 	(a)
     	On
    the Closing date, PLKD’s board of directors shall thereafter appoint Arik Maimon, to the PLKD board of directors; after
    which the current officers and directors (Robert Rico, Calvin Lewis, Ken Weidrich) will resign from their positions with PLKD.
	 	 	 
	 	(b)
     	On
    the Closing date, the newly comprised board of directors shall appoint Arik Maimon as Chief Executive Officer, and President,
    and such other officer as they deem necessary or appropriate.

 

ARTICLE V

UNITED STATES INCOME TAX TREATMENT

 

Section 5.01 United States Income Tax Treatment.

 

For all United States income tax
purposes, the Parties intend for the Share Exchange to qualify as a tax-free reorganization under Section 368(a)(1)(B) of the
Code. The Parties shall report the Share Exchange for all United States income tax purposes consistent therewith, and shall not
take any position inconsistent with this Section 4.1 in the course of any tax audit, tax review or tax litigation matter relating
hereto.

 

    	16

    	 

    

 

ARTICLE VI

CONDITIONS PRECEDENT TO OBLIGATIONS OF PLKD

 

The obligations of PLKD under
this Agreement are subject to the satisfaction, at or before the Closing Date, of the following conditions:

 

Section 6.01 Accuracy of Representations
and Performance of Covenants.  The representations and warranties made by NGH in this Agreement were true when made and shall
be true at the Closing Date with the same force and effect as if such representations and warranties were made at and as of the
Closing Date (except for changes therein permitted by this Agreement).  NGH shall have performed or complied with all covenants
and conditions required by this Agreement to be performed or complied with by NGH prior to or at the Closing.  PLKD shall
be furnished with a certificate, signed by a duly authorized executive officer of NGH and dated the Closing Date, to the foregoing
effect.

 

Section 6.02 Officer’s
Certificate.  PLKD shall have been furnished with a certificate dated the Closing Date and signed by a duly authorized officer
of NGH to the effect that no litigation, proceeding, investigation, or inquiry is pending, or to the best knowledge of NGH threatened,
which might result in an action to enjoin or prevent the consummation of the transactions contemplated by this Agreement, or,
to the extent not disclosed in the NGH Schedules, by or against NGH, which might result in any material adverse change in any
of its assets, properties, business, or operations.

 

Section 6.03 No Material Adverse
Change Prior to the Closing Date.  There shall not have occurred any change in the financial condition, business, or operations
of NGH, nor shall any event have occurred which, with the lapse of time or the giving of notice, is determined to be unacceptable
by PLKD using the criteria set forth in Section 1.18.

 

Section 6.04 Good Standing.  NGH
shall have received a certificate of good standing from the State of Florida, as of a date within ten days prior to the Closing
Date, certifying that NGH is in good standing as a corporation in the State of Florida.

 

Section 6.05 Approval by NGH
Shareholders.  The Share Exchange shall have been accepted, and shares delivered in accordance with Section 3.01, by the
holders of not less than 90% of the outstanding common stock of NGH unless a lesser number is agreed to by PLKD.

 

Section 6.06 No Governmental
Prohibition.  No order, statute, rule, regulation, executive order, injunction, stay, decree, judgment or restraining order
shall have been enacted, entered, promulgated or enforced by any court or governmental or regulatory authority or instrumentality
which prohibits the consummation of the transactions contemplated hereby.   

 

Section 6.07 Consents.  All
consents, approvals, waivers or amendments pursuant to all contracts, licenses, permits, trademarks and other intangibles in connection
with the transactions contemplated herein, or for the continued operation of PLKD, NGH and NGH, Inc. after the Closing Date on
the basis as presently operated shall have been obtained.

 

Section 6.08 Other Items.

 

		(a)	PLKD
                                         shall have received a list of NGH, Inc.'s shareholders containing the name, address,
                                         and number of shares held by each accepting NGH, Inc. shareholder as of the date of Closing,
                                         certified by an executive officer of NGH as being true, complete and accurate; and

 

    	17

    	 

    

 

		(b)	PLKD
                                         shall have received such further opinions, documents, certificates or instruments relating
                                         to the transactions contemplated hereby as PLKD may reasonably request.

  

ARTICLE VII

CONDITIONS PRECEDENT TO OBLIGATIONS OF NGH

 

The obligations of NGH under
this Agreement are subject to the satisfaction, at or before the Closing Date, of the following conditions:

 

Section 7.01 Accuracy of Representations
and Performance of Covenants.  The representations and warranties made by PLKD in this Agreement were true when made and
shall be true as of the Closing Date (except for changes therein permitted by this Agreement) with the same force and effect as
if such representations and warranties were made at and as of the Closing Date.

 

Section 7.02 Officer’s
Certificate.  NGH shall have been furnished with certificates dated the Closing Date and signed by duly authorized executive
officers of PLKD, to the effect that no litigation, proceeding, investigation or inquiry is pending, or to the best knowledge
of PLKD threatened, which might result in an action to enjoin or prevent the consummation of the transactions contemplated by
this Agreement or by or against PLKD which might result in any material adverse change in any of its assets, properties or operations.

 

Section 7.03 No Material Adverse
Change Prior to the Closing Date.  There shall not have occurred any change in the financial condition, business or operations
of PLKD that is determined to be unacceptable by NGH.

 

Section 7.04 Good Standing.  NGH
shall have received a certificate of good standing from the Secretary of State of the State of Florida or other appropriate office,
dated as of a date within ten days prior to the Closing Date certifying that PLKD is in good standing as a corporation in the
State of Florida.

 

Section 7.05 No Governmental
Prohibition.  No order, statute, rule, regulation, executive order, injunction, stay, decree, judgment or restraining order
shall have been enacted, entered, promulgated or enforced by any court or governmental or regulatory authority or instrumentality
which prohibits the consummation of the transactions contemplated hereby.

 

Section 7.06 Consents.  All
consents, approvals, waivers or amendments pursuant to all contracts, licenses, permits, trademarks and other intangibles in connection
with the transactions contemplated herein, or for the continued operation of PLKD, NGH and NGH, Inc. after the Closing Date on
the basis as presently operated shall have been obtained.

 

    	18

    	 

    

 

Section 7.07 Other Items.  NGH
shall have received such further opinions, documents, certificates, or instruments relating to the transactions contemplated hereby
as NGH may reasonably request.

 

ARTICLE VIII

MISCELLANEOUS

 

Section 8.01 Brokers.  PLKD
and NGH agree that, except as set out on Schedule 8.01 attached hereto, there were no finders or brokers involved in bringing
the parties together or who were instrumental in the negotiation, execution or consummation of this Agreement.  PLKD and
NGH each agree to indemnify the other against any claim by any third person for any commission, brokerage, or finder's fee arising
from the transactions contemplated hereby based on any alleged agreement or understanding between the indemnifying party and such
third person, whether express or implied from the actions of the indemnifying party.

 

Section 8.02 Governing Law.  This
Agreement shall be governed by, enforced, and construed under and in accordance with the laws of the United States of America
and, with respect to the matters of state law, with the laws of the State of Florida and the laws of the State of Florida, without
giving effect to principles of conflicts of law thereunder.  Each of PLKD and NGH irrevocably consents and agrees that any
legal or equitable action or proceedings arising under or in connection with this Agreement shall be brought exclusively in the
United States District Court for the District of Florida.

 

Section 8.03 Notices.  Any
notice or other communications required or permitted hereunder shall be in writing and shall be sufficiently given if personally
delivered to it or sent by facsimile, overnight courier or registered mail or certified mail, postage prepaid, addressed as follows:

 

If to PLKD, to:     

 

Robert Rico

C/O Pleasant Kids, Inc.

2600 W. Olive Avenue,

SFBurbank, California 95150

 

    	19

    	 

    

 

If to NGH, to: 

 

Arik Maimon, CEO

Next Group Holdings, Inc.

1111 Brickell Avenue, Suite 2200

Miami, Florida 33131

 

With copies (that shall not constitute notice) to:
   

 

Law Office of Andrew Coldicutt

Attn: Andrew Coldicutt

1220 Rosecrans Street, PMB 258

San Diego, CA 92106

 

or such other addresses as shall
be furnished in writing by any party in the manner for giving notices hereunder, and any such notice or communication shall be
deemed to have been given (i) upon receipt, if personally delivered, (ii) on the day after dispatch, if sent by overnight courier,
(iii) upon dispatch, if transmitted by facsimile and receipt is confirmed by telephone, and (iv) three days after mailing, if
sent by registered or certified mail.

 

Section 8.04 Attorney’s
Fees.  In the event that either party institutes any action or suit to enforce this Agreement or to secure relief from any
default hereunder or breach hereof, the prevailing party shall be reimbursed by the losing party for all costs, including reasonable
attorney's fees, incurred in connection therewith and in enforcing or collecting any judgment rendered therein.

 

Section 8.05 Confidentiality.
 Each party hereto agrees with the other that, unless and until the transactions contemplated by this Agreement have been
consummated, it and its representatives will hold in strict confidence all data and information obtained with respect to another
party or any subsidiary thereof from any representative, officer, director or employee, or from any books or records or from personal
inspection, of such other party, and shall not use such data or information or disclose the same to others, except (i) to the
extent such data or information is published, is a matter of public knowledge, or is required by law to be published; or (ii)
to the extent that such data or information must be used or disclosed in order to consummate the transactions contemplated by
this Agreement.  In the event of the termination of this Agreement, each party shall return to the other party all documents
and other materials obtained by it or on its behalf and shall destroy all copies, digests, work papers, abstracts or other materials
relating thereto, and each party will continue to comply with the confidentiality provisions set forth herein.

 

    	20

    	 

    

 

Section 8.06 Public Announcements
and Filings.  Unless required by applicable law or regulatory authority, none of the parties will issue any report, statement
or press release to the general public, to the trade, to the general trade or trade press, or to any third party (other than its
agents and advisors and representatives in connection with the transactions contemplated hereby) or file any document, relating
to this Agreement and the transactions contemplated hereby, except as may be mutually agreed by the parties. Copies of any such
filings, public announcements or disclosures, including any announcements or disclosures mandated by law or regulatory authorities,
shall be delivered to each party at least one business day prior to the release thereof.

 

Section 8.07 Schedules; Knowledge.
 Each party is presumed to have full knowledge of all information set forth in the other party's schedules delivered pursuant
to this Agreement.

 

Section 8.08 Third Party Beneficiaries.
 This contract is strictly between PLKD and NGH, and, except as specifically provided, no director, officer, stockholder
(other than the NGH, Inc. shareholders), employee, agent, independent contractor or any other person or entity shall be deemed
to be a third party beneficiary of this Agreement.

 

Section 8.09 Expenses.  Subject
to Sections 3.05 and 8.04 above, whether or not the Share Exchange is consummated, each of PLKD and NGH will bear their own respective
expenses, including legal, accounting and professional fees, incurred in connection with the Share Exchange or any of the other
transactions contemplated hereby.

 

Section 8.10 Entire Agreement.
 This Agreement represents the entire agreement between the parties relating to the subject matter thereof and supersedes
all prior agreements, understandings and negotiations, written or oral, with respect to such subject matter.

 

Section 8.11 Survival; Termination.
 The representations, warranties, and covenants of the respective parties shall survive the Closing Date and the consummation
of the transactions herein contemplated for a period of two years.

 

Section 8.12 Counterparts.  This
Agreement may be executed in multiple counterparts, each of which shall be deemed an original and all of which taken together
shall be but a single instrument.  For purposes of this Agreement, facsimile signatures shall be deemed original signatures.

 

Section 8.13 Amendment or Waiver.
 Every right and remedy provided herein shall be cumulative with every other right and remedy, whether conferred herein,
at law, or in equity, and may be enforced concurrently herewith, and no waiver by any party of the performance of any obligation
by the other shall be construed as a waiver of the same or any other default then, theretofore, or thereafter occurring or existing.
 At any time prior to the Closing Date, this Agreement may by amended by a writing signed by all parties hereto, with respect
to any of the terms contained herein, and any term or condition of this Agreement may be waived or the time for performance may
be extended by a writing signed by the party for whose benefit the provision is intended.

 

Section 8.14 Best Efforts.  Subject
to the terms and conditions herein provided, each party shall use its best efforts to perform or fulfill all conditions and obligations
to be performed or fulfilled by it under this Agreement so that the transactions contemplated hereby shall be consummated as soon
as practicable.  Each party also agrees that it shall use its best efforts to take, or cause to be taken, all actions and
to do, or cause to be done, all things necessary, proper or advisable under applicable laws and regulations to consummate and
make effective this Agreement and the transactions contemplated herein.

 

    	21

    	 

    

         

IN WITNESS WHEREOF, the parties
hereto have caused this Agreement to be executed by their respective authorized officers, as of the date first-above written.

 

est:                                  

 

	By: 	/s/
Calving Lewis	 	By:	/s/ Robert Rico
	 	 	 	 	 
	Calvin Lewis, Individually and

President of Pleasant Kids, Inc.                              	 	Robert Rico, Individually and as

Chief Executive Officer of Pleasant Kids, Inc.

 

	 	Next Group Holdings, Inc.
	 	 	 
	 	By:	/s/
    Arik Maimon
	 	 	Arik
    Maimon
	 	 	Chief
    Executive Officer

  

22

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