Document:

Exhibit 10.5

 

SHARE CANCELLATION AGREEMENT AND RELEASE

 

This SHARE CANCELLATION
AGREEMENT (the “Cancellation Agreement”) is made and entered into as of the 30th day of November, 2021
(the “Effective Date”), by and between LNPR Group Inc., a Colorado corporation (the
“Company”), and Baywall Inc., a corporation (the “Stockholder”).

 

WHEREAS, on or about March
6, 2019, the Company and the Stockholder entered into an agreement (the “Agreement”), pursuant to which the Company
issued to the Stockholder one million five hundred thousand (1,500,000) shares (the “Shares”) of the Company’s
Common Stock (“Common Stock”);, OF WHICH One Million Two Hundred Thousand Shares will be cancel and return, the balanced
Three Hundred Thousand shares will remain with Baywall as per agreement with Baywall and LNPR Group, in lieu of all expenses ascertain;

 

WHEREAS, the Company and Stockholder
desire to cancel and terminate the Shares and any and all of the Stockholder’s rights arising thereunder;

 

WHEREAS, in exchange for Stockholder’s
agreement to cancel and terminate Stockholder’s rights under or arising out of the Shares, the Company agrees to release the Stockholder
from any liability under the Agreement as set forth herein; and

 

WHEREAS, the Board of Directors
of the Company has approved the terms of this Cancellation Agreement.

 

NOW, THEREFORE, in consideration
of the mutual covenants contained herein and other good and valuable consideration, the sufficiency of which are hereby acknowledged,
the parties to this Cancellation Agreement mutually agree as follows:

 

		1.	CANCELLATION OF COMMON STOCK

 

1.1           
Cancellation of Common Stock. Effective as of the Effective Date, in exchange for the consideration provided in Section
1.2 hereof, the Stockholder agrees to waive any rights under the terms of the Agreement with respect to the Shares, which waiver the
Stockholder understands and acknowledges shall include, without limitation, cancellation of the Shares.

 

1.2           
Release of Liability. In exchange for the Stockholder’s agreement to cancel and terminate the Shares as set forth
in Section 1.1 the Company hereby agrees to unconditionally and irrevocably compromise, settle, remise, acquit and fully and forever
release and discharge the Stockholder and its successors, assigns, affiliates, directors, officers, employees and agents (collectively,
the “Stockholder Released Parties”) from any and all claims, counterclaims, set-offs, debts, demands, choses in action,
obligations, remedies, suits, damages and liabilities in connection with any rights arising under or in connection with the Agreement,
whether now known or unknown or suspected or claimed, whether arising under common law, in equity or under statute, which the Company
or the Company’s successors or assigns ever had, now have, or in the future may claim to have against the Stockholder Released Parties
and which may have arisen at any time on or prior to the date hereof.

 

1.3           
Release. The Stockholder, for Stockholder and Stockholder’s successors and assigns forever, does hereby unconditionally
and irrevocably compromise, settle, remise, acquit and fully and forever release and discharge the Company and its successors, assigns,
affiliates, directors, officers, employees, attorneys, and agents (collectively, the “Company Released Parties”) from
any and all claims, counterclaims, set-offs, debts, demands, choses in action, obligations, remedies, suits, damages and liabilities in
connection with any rights arising under or in connection with the Agreement and the Shares, whether now known or unknown or suspected
or claimed, whether arising under common law, in equity or under statute, which the Stockholder or the Stockholder’s successors
or assigns ever had, now have, or in the future may claim to have against the Company Released Parties and which may have arisen at any
time on or prior to the date hereof.

 

 

 

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1.4           
Deliveries. On the Effective Date, the Stockholder shall deliver to the Company the original stock certificate evidencing
the Shares. The Company shall cancel and render such stock certificate void.

 

1.5           
Further Assurances. Each party to this Cancellation Agreement agrees that it will perform all such further acts and execute
and deliver all such further documents as may be reasonably required in connection with the consummation of the transactions contemplated
hereby in accordance with the terms of this Cancellation Agreement.

 

		2.	MISCELLANEOUS

 

2.1           
Captions. The captions used in this Cancellation Agreement are for reference purposes only, and shall not in any way affect
the meaning or interpretation of this Cancellation Agreement.

 

2.2           
Parties in Interest. This Cancellation Agreement shall be binding upon and shall inure to the benefit of the parties to
this Cancellation Agreement and their respective heirs, executors, administrators, successors and assigns.

 

2.3            
Acknowledgements. The Stockholder acknowledges that Stockholder has been advised by the Company to consult with the Stockholder’s
tax advisor to determine the tax consequences with respect to the Stockholder of the actions and agreements provided herein, and that
the Company shall not be responsible for any taxes owed by the Stockholder arising from the actions and agreements provided herein.

 

2.4           
Execution. This Cancellation Agreement may be executed in two (2) or more counterparts, all of which taken together shall
constitute one (1) instrument. The exchange of copies of this Cancellation Agreement and of signature pages by electronic transmission
shall constitute effective execution and delivery of this Cancellation Agreement as to the parties and may be used in lieu of the original
Cancellation Agreement for all purposes. Signatures of the parties transmitted by facsimile shall be deemed to be their original signatures
for any purpose whatsoever.

 

2.5           
Entire Agreement. This Cancellation Agreement contains the entire understanding of the parties to this Cancellation Agreement
with respect to the subject matter contained herein. This Cancellation Agreement supersedes all prior agreements and understandings among
the parties with respect to such subject matter.

 

2.6           
Governing Law. This Cancellation Agreement shall be governed and construed in accordance with the substantive laws of the
State of Colorado, without regard to its principles of conflict of laws.

 

2.7           
Jurisdiction and Venue. Any judicial proceedings brought by or against any party on any dispute arising out of this Cancellation
Agreement or any matter related thereto shall be brought in the state or federal courts of Colorado, and, by execution and delivery of
this Cancellation Agreement, each of the parties accepts for itself the exclusive jurisdiction and venue of the aforesaid courts as trial
courts, and irrevocably agrees to be bound by any judgment rendered thereby in connection with this Cancellation Agreement after exhaustion
of all appeals taken (or by the appropriate appellate court if such appellate court renders judgment).

 

[Signature Page Follows]

 

 

 

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IN WITNESS WHEREOF, the parties
to this Cancellation Agreement have executed this Cancellation Agreement as of the Effective Date.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	3Exhibit
10.7

 

Services Agreement

 

This Services Agreement (this "Agreement") is made and entered
into this 16th day of August, 2018 by and between Peter Grimes ("Peter''}
residing at 24 Daisy St., Ladera Ranch, Ca 92694 and, New Asian
Energy, Inc., with offices located at 19 Catania, Mission Viejo, CA 92692 ("LNPR")
(collectively the "Parties").

 

WHEREAS, LNPR is a start-up business and is seeking investors, and,

 

WHEREAS,
Peter is an experienced business and marketing consultant, and,

 

WHEREAS
LNPR wishes to engage Peter to perform certain Services (as Defined herein), and, Peter, wishes to perform those certain Services,
under certain terms and conditions agreeable to both Parties, and,

 

WHEREAS the
Parties wish to define the certain terms and conditions of Peter's
equity ownership right in LNPR common stock that they agree between
them are fairly granted upon, and by the way, Peter's completion of the Services.

 

NOW THEREFORE, for the just and equitable
exchange of equity ownership rights for the delivery of the Services as described here in, the parties
hereby agree as follows:

 

	1.		Services. "Services" shall mean collectively;

 

	A.		The design and build of a business plan slide presentation
for use by LNPR
in fund raising efforts,
and,

 

	B.		Periodic business review, comment, critique and editing
of business plans and market approaches to help secure funding and general business operations.

 

	2.		Rights to
Use. Peter hereby
grants to LNPR the exclusive, worldwide, unrestricted and royalty
free rights to use, further develop, improve, and market the slide presentation described in Services above, without further rights
to the slide presentation being retained by Peter.

 

	3.		Equity as
Full and Fair Payment.
Upon timely delivery by Peter and
continuing consultation for one year
from dated document, and as full and fair
payment for those Services, LNPR will issue to Peter Ten Thousand {10,000) of the common shares
of LNPR, Inc of
the same class and rights as those currently held by all other
shareholders of LNPR as of
the date of this Agreement.

 

	4.		All Shares at Risk. Peter acknowledges that;
(a) LNPR common shares have no current value other than the $0.001 face
value registered with the State of Nevada, are restricted for sale or transfer, are not registered with the SEC,
may not be sold or otherwise transferred without such SEC registration,
my not be sold or otherwise
transferred without LNPR written permission, and (b), that LNPR may issue
equity and equity rights in any form, including additional shares of
any class and rights,
to other shareholders and/or third parties, at any time,
at LNPR sole discretion, which may dilute Peter1s
ownership percentage, without any obligation to issue additional shares or rights to Peter or otherwise
compensate Peter in any form.

 

	5.		Additional Provisions. The Parties agree
that this Agreement is mutually binding and entered into by way of
their legal signatures below, which may be executed separately and electronically, and
shall be governed and adjudicated under the laws of the State of Nevada,
and that this Agreement supersedes all prior agreements between the Parties, whether written or spoken.

 

IN WITNESS WHEREFOR, the Parties, by
their legally authorized signatures below, have entered to this
Agreement on this first mentions above.

 

	/s/ Joseph Grimes                            	/s/ Peter Grimes                               
	By: Joseph Grimes	By: Peter Grimes

As: CEO

For: LNPR

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