Document:

Ex 10-6 Howard GC Letter

		
			EXHIBIT 10.6
		

		
			 
		

		
			November 16, 2017
		

		
			 
		

		
			Kelly G. Howard
		

		
			17 State Street, Suite 3811
		

		
			New York, NY 10004
		

		
			 
		

		
			Dear Kelly:
		

		
			 
		

		
			This letter, effective on November 16, 2017 and prior to the time that Real Industry, Inc. (the “Company”) files for Chapter 11 bankruptcy protection, confirms your continuing employment with Real Industry, Inc. as General Counsel, Executive Vice President and Corporate Secretary of the Company on the terms set forth below and with duties as are customary for such role.  You will report to the Chief Executive Officer of the Company.  Your employment will be on an “at-will” basis and may be terminated by the Company not earlier than 90 days after the effective date of this letter (other than a discharge for cause, as such term was defined in the Management Continuity Plan) or by you at any time, and by either party for any or no reason.
		

		
			 
		

		
			Your base annual compensation will be at the rate of $325,000 payable by the Company.  You acknowledge and agree that while such payments may be processed through and made on behalf of the Company by Insperity PEO Services, L.P. (“Insperity”), the obligation to make such payments belongs solely to the Company, and Insperity has no obligation to pay such amounts.  In addition you will be entitled to participate in all compensation and benefit programs applicable to other senior managers of the Company, as the case may be from time to time, or approved by the compensation committee in the future.
		

		
			 
		

		
			In addition, at all times during your employment with the Company you will continue to be (i) eligible to participate, without duplication, in all of the Company’s benefit plans, programs and policies applicable to senior officers of the Company from time to time, which may include to the extent offered by the Company, without limitation, various life, health and accident insurance plans and savings plan, and (ii) indemnified to the fullest extent permitted by Delaware law and covered by any Director and Officer Liability insurance maintained by the Company for its senior executive officers (which, for the avoidance of doubt, shall continue to cover you after the termination of your employment with respect to any liability with respect to your service to the Company as an officer, employee or director of the Company, any subsidiary or any other entity for which you have served at the request of the Company,  subject to applicable standards of conduct under the Delaware General Corporation Law, any director and officer indemnification agreement entered into with the Company and/or applicable Director and Officer Liability insurance policies, as the case may be).  The Company retains the right to terminate or alter any such plans or policies from time to time, provided that such termination or alteration is done for all eligible employees and not specifically for you.  You will be entitled to vacation and sick leave benefits accrued prior to the effective date of this letter, and to vacations, sick leave and other similar benefits in 
		

		
			 
		

		
			
		

		
			

		 

		

			 

		

 

		

			Kelly G. Howard

		

		

			November 16, 2017

		

		

			Page 2

		

		

		
			accordance with policies of the Company from time to time in effect for personnel with commensurate duties.
		

		
			 
		

		
			The Company agrees that you will not be asked to relocate at the present time as a condition of retaining your employment, provided that you perform your duties to the Company in the manner in which you have provided them to date and that you are available for business travel of a similar nature to required business travel to date. 
		

		
			 
		

		
			You acknowledge and agree that the confidentiality, non-solicitation and non-disparagement provisions contained in Appendix A are necessary and valuable to the Company and we and you acknowledge and agree to be bound to the agreements, restrictions, obligations and provisions set forth in Appendix A attached hereto.
		

		
			 
		

		
			For the avoidance of doubt, we and you acknowledge and confirm that this agreement supersedes and replaces any prior contractual arrangements with the Company, including, without limitation, the Management Continuity Plan and that certain letter agreement dated December 12, 2016 and such agreements or your participation in such arrangements are terminated with your consent.  
		

		
			 
		

		
			Further, for the avoidance of doubt, the Company acknowledges and confirms that your acceptance of this agreement and its replacement is intended to facilitate the Company’s operations during the pendency of bankruptcy proceedings, and does not reflect the terms on which you would accept employment with the Company or with any other employer. 
		

		
			 
		

		
			Please acknowledge acceptance of this offer and your agreement to the terms set forth herein and in Appendix A by signing below and returning one copy to my attention. Feel free to contact me should you have any questions. 
		

		
			 
		

			
					
						 

					
					
						Sincerely,

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						/s/ Peter C.B. Bynoe

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Peter C.B. Bynoe

				
	
					
						 

					
					
						On behalf of the Compensation Committee

				
	
					
						 

					
					
						of Real Industry, Inc.

				

		
			 
		

			
					
						Accepted:

					
					
						    

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						/s/ Kelly G. Howard

					
					
						 

					
					
						Dated:  November 16, 2017

				
	
					
						Name:  Kelly G. Howard

					
					
						 

					
					
						 

				

		
			 
		

		
			
		

		

		 

		

			 

		

 

		

			Kelly G. Howard

		

		

			November 16, 2017

		

		

			Page 3

		

	
					
						

					
						 

					
					
						 

				
	
					
						cc:

					
					
						William Hall, Chairman of the Board

				
	
					
						 

					
					
						David S. Stone, Esq.

				
	
					
						 

					
					
						Murray Indick, Esq.

				

		
			 
		

		
			
		

		
			

		 

		

			 

		

 

		

			Kelly G. Howard

		

		

			November 16, 2017

		

		

			Page 4

		

		

		
			APPENDIX A
		

		
			 
		

		
			CONFIDENTIALITY, ASSIGNMENT OF INVENTIONS 
AND RESTRICTIVE COVENANTS
		

		
			 
		

		
			1.         Confidential Information; Assignment of Inventions; Return of Company Property.  You acknowledge and agree that (i) the services to be performed by you under this Agreement are unique and extraordinary and, as a result of such employment, you shall be in possession of Confidential Information relating to the business practices of the Company, Real Alloy and their subsidiaries (the “Company Group”) and (ii) that the trade secrets and Intellectual Property of the Company Group are very valuable.  You agree to be bound by the policies of the Company Group with respect to the confidentiality, ownership and assignment of employee rights with respect to trade secrets, Intellectual Property and other information of the Company Group. “Intellectual Property” shall mean all patents and patent applications, all inventions, innovations, improvements, developments, methods, designs, analyses, drawings, reports and all similar or related information (in each case whether or not patentable), all copyrights and copyrightable works, all trade secrets, confidential information and know-how, and all other intellectual property rights that are conceived, reduced to practice, developed or made by you while providing services to the Company Group and that (a) relate to the Business (as hereinafter defined), including the Company Group’s related business, research and development, existing products or services or future products and services under development during your employment; or (b) relate to the Business and are conceived, reduced to practice, developed or made using any of equipment, supplies, facilities, assets or resources of the Company Group (outside of your home office, including your Company Group laptop), including, without limitation, any intellectual property rights.
		

		
			 
		

		
			2.         Non-solicitation and Non-disparagement.
		

		
			 
		

		
			(a)        Non-solicitation.  You shall not, except in the good faith performance of your duties hereunder or as specifically authorized by the Board in writing, directly or indirectly, individually or on behalf of any other person, firm, corporation or other entity, during the one-year period following the termination of your employment (the “Post-Termination Period”):
		

		
			 
		

		
			(i)         solicit, aid or induce any employee, representative, agent or consultant of the Company Group to leave such employment or retention or to accept employment with or render services to or with any other Person, or hire or retain any such employee, representative or agent, or take any action to materially assist or aid any other Person in identifying, hiring or soliciting any such employee, representative or agent; provided, however, that the foregoing provision will not prevent you from hiring any such individual whom you hire
		

		
			 
		

		
			
		

		
			

		 

		

			 

		

 

		

			Kelly G. Howard

		

		

			November 16, 2017

		

		

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			as a result of such individual responding to a general advertisement for employment; 
		

		
			 
		

		
			(ii)        solicit, contact, aid or induce any Customer (as hereinafter defined) in the Territory (w) to purchase goods or services that have been sold or provided by any member of the Company Group during the Post-Termination Period from another person, firm, corporation or other entity (or attempt to do any of the foregoing) or engage in other Competitive Activity, (x) to terminate, curtail or otherwise limit its business relationship with any member of the Company Group,  (y) to interfere otherwise with any part of the Company Group’s business, or (z) to attempt to do any of the foregoing; or
		

		
			 
		

		
			(iii)        solicit, contact, aid or induce any entity or person who was a supplier of goods, services or property (including Intellectual Property) to any member of the Company Group, or any licensor or licensee of any member of the Company Group, during the Post-Termination Period to not do business with, to discontinue doing business with, or to materially reduce all or any part of their business with the any member of the Company Group. 
		

		
			 
		

		
			(b)        Definitions.
		

		
			 
		

		
			(i)         “Competitive Activity” means (a) the invention, design, development, fabrication, manufacture, assembly, production, procurement, marketing, distribution or sale of any products that are competitive with or could be used as a substitute for any of the products or services offered by any member of the Company Group at any time during the Post-Termination Period, or under development or consideration for development by any member of the Company Group at any time during the Post-Termination Period, (b) the delivery, performance, marketing or sale of any services that are competitive with or could be used as a substitute for the services offered by any member of the Company Group at any time during the Post-Termination Period, or under development or consideration for development by any member of the Company Group at any time during the Post-Termination Period, (c) the performance of business activities of the type which in the ordinary course of business would be reasonably likely to involve (or actually do involve) the unauthorized use or disclosure of Confidential Information or Intellectual Property belonging to any member of the Company Group or (d) consulting or other advising in support of the foregoing.
		

		
			 
		

		
			(ii)        “Customer” means any customer of any member of the Company Group or any prospective customer of any member of the Company Group, each at any time during the last two years of your employment.
		

		
			 
		

		
			(iii)         “Person” means any person or entity other than the Company, Real Alloy or any other member of the Company Group.
		

		
			 
		

		
			
		

		
			

		 

		

			 

		

 

		

			Kelly G. Howard

		

		

			November 16, 2017

		

		

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			(iv)         “Territory” means any location in which any member of the Company Group operates or sells, or intends within two years to operate or sell, its products, including Europe or North America.  
		

		
			 
		

		
			3.         Non-disparagement.  At no time during the Post-Termination Period shall you, directly or indirectly, disparage the Company Group or any of the Company Group’s past or present employees, directors, products or services.  At no time during the Post-Termination Period shall any directors or executive officers of the Company Group, directly or indirectly, disparage you. Notwithstanding the foregoing, nothing in this Section 3 shall prevent you or any director or executive officer of the Company Group from making any truthful statement to the extent (i) necessary to rebut any untrue public statements made about you or by you about any director or executive officer of the Company Group; (ii) necessary with respect to any litigation, arbitration,  mediation or proceeding involving this Agreement or the Company, including, but not limited to, the enforcement of this Agreement; or (iii) required by law or by any court, arbitrator, mediator or administrative, regulatory or legislative body (including any committee thereof) with jurisdiction over such person.
		

		
			 
		

		
			4.         Enforcement.  
		

		
			 
		

		
			(a)        You agree and acknowledge that (i) the potential harm to members of the Company Group of the non-enforcement of Sections 1, 2 or 3 outweighs any harm to you of its enforcement by injunction or otherwise and (ii) you have carefully read this Agreement and have given careful consideration to the restraints imposed by this Agreement, and are in full accord as to the necessity of such restraints for the reasonable and proper protection of the trade secrets and other Confidential Information of each member of the Company Group.
		

		
			 
		

		
			(b)        In the event of any breach or threatened breach of this Agreement, the Company, Real Alloy or any other affected member of the Company Group shall be entitled to seek an injunction, without bond, restraining such breach, but nothing herein shall be construed as prohibiting any member of the Company Group from pursuing other remedies available to it for such breach or threatened breach.  
		

		
			 
		

		
			5.         Cooperation. Upon reasonable notice from any member of the Company Group or its counsel, while employed by the Company and Real Alloy and thereafter, you agree to respond and provide information with regard to matters of which you have knowledge as a result of your employment with the Company and Real Alloy, and will provide reasonable assistance to the Company Group and their respective representatives in defense of any claims that may be made against the Company Group (or any member thereof), and will provide reasonable assistance to the Company Group in the prosecution of any claims that may be made by the Company Group (or any member thereof), to the extent that such claims may relate to matters related to your period of employment with the Company and Real Alloy (or any predecessors). You also agree to promptly inform the Company and Real Alloy (to the 
		

		
			 
		

		
			
		

		
			

		 

		

			 

		

 

		

			Kelly G. Howard

		

		

			November 16, 2017

		

		

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			extent you are legally permitted to do so) if you are asked to assist in any investigation of the Company Group (or any member thereof) or their actions, regardless of whether a lawsuit or other proceeding has then been filed with respect to such investigation and shall not do so unless legally required. If you are required to provide any services pursuant to this Section 5 following the termination of your employment, upon presentation of appropriate documentation, then the Company and Real Alloy: (i) shall promptly compensate you for all time incurred in these activities at an hourly rate of pay equal to the most recent annual Base Salary at Real Alloy divided by 2080 hours; and (ii) shall promptly reimburse you for reasonable out-of-pocket travel or business expenses incurred in connection with the performance of such services and in accordance with the Company’s and/or Real Alloy’s expense policy (as applicable), and for legal fees to the extent the Board in good faith reasonably believes that separate representation is warranted. Your entitlement to reimbursement of such costs and expenses, including legal fees, pursuant to this Section 5, shall in no way affect your rights, if any, to be indemnified and/or advanced expenses in accordance with the Company’s or Real Alloy’s (or any of their subsidiaries’) corporate or other organizational documents, any applicable insurance policy, and/or in accordance with this Agreement.Monaker Group, Inc. 8-K

 

Exhibit 10.1

 

PLATFORM PURCHASE AGREEMENT

This Platform Purchase Agreement
(this “Agreement”) is entered into on October 17, 2017 by and between Monaker Group, Inc. a Nevada corporation
(“MKGI”), and Exponential, Inc., a Wyoming corporation (“XPO”).

A.       

XPO has a background in software
development and is willing to provide services to MKGI based on this background.

B.       

MKGI desires to have services provided
by XPO.

Therefore, the parties agree as
follows:

1.       

DESCRIPTION OF SERVICES.

a.       

The Services. Beginning
on or around October 16, 2017, XPO will provide the following services (collectively, the “Services”):

i.       

Software Development.
XPO shall develop a white label version of its e-commerce platform dubbed “XPO2” on behalf of MKGI. Said platform shall
carry the name “NextTripRewards” (or similar) and will be hosted under the domain name NextTripRewards.com (NTR) or
similar. Additionally, XPO shall build the API interface that connects all current and future XPO platforms developed on behalf
of third-party clients to MKGI's NextTrip booking engine. Said platform and API shall delivered within 30 calendar days from the
date of signature of this Agreement.

ii.       

Platform Maintenance.
XPO shall maintain NTR on behalf of MKGI and manage all merchant relationships, products and services sold on the platform, as
well as the reporting and accounting of all transactions to MKGI.

b.       

Disclosure Materials Approval.
XPO agrees that any and all disclosure materials used to provide the Services (collectively the “Disclosure Materials”)
will be prepared solely from materials publicly available and will be subject to the prior review and reasonable approval of MKGI.
XPO shall submit a final draft of any Disclosure Material to the attention of MKGI’s investor relations representative as
soon as practicable prior to the anticipated date of distribution of such Disclosure Material. MKGI will use reasonable efforts
to notify XPO of its acceptance or rejection of each Disclosure Material, provided, however that if MKGI does not contact XPO prior
to the proposed date of distribution of the Disclosure Material, such Disclosure Material will be deemed rejected and may not be
used, published or disseminated by XPO in any way.

 

    	1	 	 

    	 

    

 

2.       

PERFORMANCE OF SERVICES.

Manner of Services. The
manner in which the Services are to be performed and the specific hours to be worked by XPO shall be determined by XPO. MKGI will
rely on XPO to work as many hours as may be reasonably necessary to fulfill MKGI’s obligations under this Agreement. XPO
agrees that the Services will be rendered in a “workmanlike manner,” consistent with the manner of performance by other
consultants providing the same or similar services as being rendered hereunder.

3.       

PAYMENT. Subject to satisfactory
performance of XPO as described and defined in Sections 1, 2, 7 and 9-13, MKGI will remit a one-time payment to XPO for the Services
described as follows:

Equity Compensation. Monaker
will issue 500,000 shares of restricted common stock (the “Shares”) in compensation for the delivery, maintenance and
optimization of the XPO white label platform as well as other services described under paragraph 1. The 500,000 shares will include
granting Monaker exclusivity for all travel sales on the XPO platform. XPO will grant Monaker a 180 day review period for performance
of the platform and if Monaker should conclude, at its sole discretion, that the platform does not perform as expected, Monaker
may serve notice to cancel travel exclusivity and only maintain exclusivity in the Alternative Lodging Rental category by reducing
the equity issuance to 150,000 shares (i.e. cancelling 350,000 shares). Said shares shall be issued upon signature of this agreement.

All shares to be issued under this Agreement shall
be issued to Exponential, Inc.

Additionally, MKGI may elect, at its sole discretion,
to hire XPO for additional software development services beyond the scope of this agreement. The rate for such services shall be
set at $55 per hour.

4.       

SUPPORT SERVICES. At the request
of XPO, MKGI will make reasonable efforts to facilitate XPO to perform the duties as described in Section 1 and 2.

5.       

NEW PROJECT APPROVAL. XPO
and MKGI recognize that XPO’s Services will include working on various projects for MKGI. XPO shall obtain the approval of
MKGI prior to the commencement of a new project.

6.       

TERM/TERMINATION. This Agreement
shall be valid for an initial term of three years commencing on October 16, 2017 and ending on October 15, 2020, and can be extended
upon mutual agreement of the parties as provided in Section 3(c).

7.       

REPRESENTATIONS AND WARRANTIES
OF XPO. XPO hereby represents and warrants to MKGI as follows:

a.       

Authorization. This Agreement,
when executed and delivered by XPO, will constitute a valid and legally binding obligation of XPO, enforceable in accordance with
its terms, except as limited by applicable bankruptcy, insolvency, reorganization, moratorium, or other laws of general application
relating to or affecting enforcement of creditors’ rights.

b.       

Organization of XPO. XPO
is a corporation duly organized, validly existing and in good standing under the laws of the state of Wyoming, USA.

c.       

Accredited Investor. XPO
is an “accredited investor” as defined in Rule 501(a) of Regulation D promulgated by the Securities and Exchange Commission
(the “SEC”) under the Securities Act of 1933, as amended (the “Act”).

 

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d.       

Experience. XPO has substantial
experience in evaluating and investing in non-public transactions of securities in companies similar to MKGI so that it is capable
of evaluating the merits and risks of its investment in MKGI and has the capacity to protect its own interests.

e.       

Investment. XPO is acquiring
the Shares for investment for XPO’s own account, not as a nominee or agent, and not with the view to, or for resale in connection
with, any “distribution” thereof for purposes of the Act. XPO understands that the Shares have not been, and will not
be, registered under the Act by reason of a specific exemption from the registration provisions of the Act, the availability of
which depends upon, among other things, the bona fide nature of the investment intent and the accuracy of such XPO’s representations
as expressed herein.

f.       

Rule 144. XPO acknowledges
that the Shares must be held indefinitely unless subsequently registered under the Act or unless an exemption from such registration
is available. XPO is aware of the provisions of Rule 144 promulgated under the Act which permit limited resale of shares purchased
in a non-public transaction subject to the satisfaction of certain conditions, including, among other things, the existence of
a public market for the Shares, the availability of certain current public information about MKGI, the resale occurring not less
than six months after full consideration for the securities has been paid or given, the sale being effected through a “broker
transaction” or in transactions directly with a “market maker” and the number of shares being sold during any
three-month period not exceeding specified limitations.

g.       

Access to Data. XPO has
had access to the most recent annual report on Form 10-K filed by MKGI with the SEC, and each interim report filed thereafter with
the SEC, has had an opportunity to discuss MKGI’s business, management and financial affairs with MKGI’s management,
and has also had an opportunity to ask questions of MKGI’s officers, which questions were answered to its satisfaction.

h.       

Statutory Disqualification.
Neither XPO nor any of its officers, directors, controlling persons, employees, representatives, agents, affiliates, or any other
person providing Services to MKGI for or on behalf of XPO hereunder is or shall be during the term of this Agreement subject to
statutory disqualification as defined in Section 3(a)(39) of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”) or Rule 506(d) under the Act.

i.       

Legends. XPO understands
that each share certificate evidencing the Shares issued hereunder shall be endorsed with substantially the following legends:

THE SHARES OF STOCK REPRESENTED BY THIS CERTIFICATE
HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES ACT, AND MAY NOT BE SOLD OR TRANSFERRED
UNLESS COMPLIANCE WITH THE REGISTRATION PROVISIONS OF SUCH ACTS HAS BEEN MADE OR UNLESS AVAILABILITY OF AN EXEMPTION FROM SUCH
REGISTRATION PROVISIONS HAS BEEN ESTABLISHED, OR UNLESS SOLD PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933, AS AMENDED.

8.       

REPRESENTATIONS AND WARRANTIES
OF MKGI. MKGI hereby represents and warrants to XPO as follows:

a.       

Authorization. This Agreement,
when executed and delivered by MKGI, will constitute a valid and legally binding obligation of MKGI, enforceable in accordance
with its terms, except as limited by applicable bankruptcy, insolvency, reorganization, moratorium, or other laws of general application
relating to or affecting enforcement of creditors’ rights.

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b.       

Issuance of the Shares.
The Shares have been duly authorized and, when earned in accordance with this Agreement, will be duly and validly issued, fully
paid and nonassessable, free and clear of all of all liens, encumbrances, interests and restrictions, except for restrictions on
transfer imposed by applicable securities laws.

9.       

CONSULTANT NOT A BROKER-DEALER/
PROHIBITION FROM PARTICIPATION IN THE SALE OF SECURITIES. MKGI acknowledges that XPO is not licensed as a broker-dealer under
applicable federal and state securities laws. Consequently, none of the Services hereunder are intended to be those of a broker-dealer.
Pursuant to Rule 3a4-1 of the Exchange Act, XPO agrees not to perform, and MKGI expressly prohibits XPO from performing the following
services: (a) making any sales of MKGI securities; (b) discussing the price of any MKGI securities; (c) delivering any offering
materials for MKGI securities; (d) discussing the terms, rights or characteristics of any MKGI securities; and (e) discussing any
investment in the business or securities of MKGI, except to direct any inquiries regarding the foregoing to authorized representatives
of MKGI. XPO hereby represents and warrants to MKGI that XPO is not an associated person of a broker or dealer as defined in Rule
3a4-1 of the Exchange Act. At no time shall XPO provide services which would require XPO to be registered or licensed with any
federal or state regulatory body or self-regulating agency.

10.       

CONFIDENTIAL INFORMATION.
XPO recognizes and acknowledges that certain information, including, but not limited to, information pertaining to the financial
condition of MKGI, its systems, methods of doing business, agreements with customers or suppliers, or other aspects of the business
of MKGI or which are sufficiently secret to derive economic value from not being disclosed (hereinafter “Confidential
Information”) may be made available or otherwise come into the possession of XPO by reason of this engagement with MKGI.
Accordingly, XPO agrees that neither it nor any agent, employee, or representative will (either during or after the term of this
Agreement) disclose any Confidential Information to any person, firm, corporation, association, or other entity for any reason
or purpose whatsoever or make use to its or their personal advantage or to the advantage of any third party, of any Confidential
Information, without the prior written consent of MKGI. The parties hereto agree that the provisions of this Section shall not
apply with respect to any information that XPO can document (i) is or becomes (through no improper action or inaction by XPO or
any affiliate, agent, consultant or employee) generally available to the public, or (ii) was in its possession or known by it without
any limitation on use or disclosure prior to the Effective Date. XPO shall, upon termination of this engagement, return to MKGI,
and shall cause his agents, employees, and representatives to return to MKGI, all documents which reflect Confidential Information
(including copies thereof). Notwithstanding anything heretofore stated in this paragraph, XPO’s obligations under this Agreement
shall not, after termination of XPO’s engagement with MKGI, apply to information which has become generally available to
the public without any action or omission of XPO (except that any Confidential Information which is disclosed to any third party
by an employee or representative of MKGI who is authorized to make such disclosure shall be deemed to remain confidential and protectable
under this provision).

11.       

TRADING PRACTICES. So long
as XPO is in possession of any material non-public information of MKGI, XPO shall not, directly or indirectly engage in the purchase
or sale the common stock of MKGI. During the Term of this Agreement, and for a period of one year after the termination of this
Agreement, XPO shall not, directly or indirectly, engage in any short selling activities of the common stock of MKGI.

12.       

INDEPENDENT CONTRACTOR. XPO
agrees that in performing this Agreement, it is acting as an independent contractor and not as an employee, representative, or
agent of MKGI and shall provide all facilities and equipment necessary to fulfill its obligations hereunder. As an independent
contractor, XPO shall make no representation as an agent or employee of MKGI, shall have no authority to bind MKGI or incur other
obligations on behalf of MKGI, and shall not be eligible for any benefits which MKGI may provide to its employees. Likewise, MKGI
shall have no authority to bind or incur obligations on behalf of XPO. All persons hired or retained by XPO to perform this Agreement,
including, but not limited to, its employees, representatives, and agents, shall be employees or contractors of XPO and shall not
be construed as employees or agents of MKGI in any respect. XPO shall be responsible for all taxes, insurance and other costs and
payments legally required to be withheld or provided in connection with XPO’s performance of this Agreement, including without
limitation, all withholding taxes, worker’s compensation insurance, and similar costs. XPO shall abide by all laws, rules,
and regulations pertaining to the Services to be provided hereunder.

 

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13.       

EMPLOYEES. XPO’s employees,
if any, who perform services for MKGI under this Agreement shall also be bound by the provisions of this Agreement.

14.       

MISCELLANEOUS. 

a.       

Notices. Any notice,
demand, request, waiver or other communication required or permitted to be given pursuant to this Agreement must be in writing
(including electronic format) and will be deemed by the parties to have been received (i) upon delivery in person (including by
reputable express courier service) at the address set forth below; (ii) upon delivery by facsimile (as verified by a printout showing
satisfactory transmission) at the facsimile number designated below (if sent on a business day during normal business hours where
such notice is to be received and if not, on the first business day following such delivery where such notice is to be received);
(iii) upon delivery by electronic mail (as verified by a printout showing satisfactory transmission) at the electronic mail address
set forth below (if sent on a business day during normal business hours where such notice is to be received and if not, on the
first business day following such delivery where such notice is to be received); or (iv) upon three business days after mailing
with the United States Postal Service if mailed from and to a location within the continental United States by registered
or certified mail, return receipt requested, addressed to the address set forth below. Any party hereto may from time to time change
its physical or electronic address or facsimile number for notices by giving notice of such changed address or number to the other
party in accordance with this section.

	 	If to MKGI at:	Monaker Group, Inc.
	 	 	2690 Weston Road
	 	 	Suite 200
	 	 	Weston, FL 33331
	 	 	Attention: William Kerby
	 	 	Email Address: bkerby@monakergroup.com
	 	 	 
	 	 	 
	 	 	 
	 	If to XPO at:	Exponential, Inc,
	 	 	20024 Merridy Street
	 	 	Chatsworth, CA 91311
	 	 	Attention: Dom Einhorn
	 	 	Email Address: dom@xpo2.org

 

b.       

Entire Agreement. This Agreement
contains the entire agreement of the parties and there are no other promises or conditions in any other agreement whether oral
or written. This Agreement supersedes any prior written or oral agreements between the parties.

c.       

Amendment. This Agreement
may be modified or amended if the amendment is made in writing and is signed by both parties.

d.       

Severability. If any provision
of this Agreement shall be held to be invalid or unenforceable for any reason, the remaining provisions shall continue to be valid
and enforceable. If a court finds that any provision of this Agreement is invalid or unenforceable, but that by limiting such provision
it would become valid and enforceable, then such provision shall be deemed to be written, construed, and enforced as so limited.

e.       

Waiver of Contractual Right.
The failure of either party to enforce any provision of this Agreement shall not be construed as a waiver or limitation of that
party’s right to subsequently enforce and compel strict compliance with every provision of this Agreement.

 

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f.       

Applicable Law. This Agreement
and the rights and duties of the parties hereto shall be construed and determined in accordance with the laws of the State of Wyoming
(without giving effect to any choice or conflict of law provisions).

g.       

Arbitration. Any controversies
or disputes arising out of or relating to this Agreement shall be resolved by binding arbitration in accordance with the then-current
Commercial Arbitration Rules of the American Arbitration Association. The parties shall select a mutually acceptable arbitrator
knowledgeable about issues relating to the subject matter of this Agreement. In the event the parties are unable to agree to such
a selection, each party will select an arbitrator and the two arbitrators in turn shall select a third arbitrator, all three of
whom shall preside jointly over the matter. The arbitration shall take place at a location that is reasonably centrally located
between the parties, or otherwise mutually agreed upon by the parties. All documents, materials, and information in the possession
of each party that are in any way relevant to the dispute shall be made available to the other party for review and copying no
later than 30 days after the notice of arbitration is served. The arbitrator(s) shall not have the authority to modify any provision
of this Agreement or to award punitive damages. The arbitrator(s) shall have the power to issue mandatory orders and restraint
orders in connection with the arbitration. The decision rendered by the arbitrator(s) shall be final and binding on the parties,
and judgment may be entered in conformity with the decision in any court having jurisdiction. The agreement to arbitration shall
be specifically enforceable under the prevailing arbitration law. During the continuance of any arbitration proceeding, the parties
shall continue to perform their respective obligations under this Agreement. The arbitrators shall award to the prevailing party,
if any, as determined by the arbitrators, all of its costs and fees. “Costs and fees” mean all reasonable pre-award
expenses of the arbitration, including the arbitrators’ fees, administrative fees, travel expenses, out-of-pocket expenses
such as copying and telephone, court costs, witness fees, and attorneys’ fees.

h.       

Full Knowledge. By their signatures,
the parties acknowledge that they have carefully read and fully understand the terms and conditions of this Agreement, that each
party has had the benefit of counsel, or has been advised to obtain counsel, and that each party has freely agreed to be bound
by the terms and conditions of this Agreement. To the extent that a party elects not to consult with such counsel, the party hereby
waives any defense to inadequate representation by counsel.

i.       

Exhibits. Each of the exhibits
referenced in this Agreement is annexed hereto and is incorporated herein by this reference and expressly made a part hereof.

j.       

Effect of Headings. The subject
headings of the sections and subsections of this Agreement are included for convenience only and will not affect the construction
of any of its provisions.

k.       

Survival of Covenants, Etc.
All covenants, representations and warranties made herein shall survive the making of this Agreement and shall continue in full
force and effect until the obligations of this Agreement have been fully satisfied.

l.       

Successors and Assigns. This
Agreement shall be binding upon the parties and their successors and assigns and shall inure to the benefit of the other parties
and successors and assigns.

m.       

Drafting. This Agreement was
drafted with the joint participation of the parties and/or their legal counsel. Any ambiguity contained in this Agreement shall
not be construed against any party as the draftsman, but this Agreement shall be construed in accordance with its fair meaning.

n.       

Counterparts. This Agreement
may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument and shall
become effective when counterparts have been signed by each party and delivered to the other parties hereto, it being understood
that all parties need not sign the same counterpart. Execution may be made by delivery by facsimile or electronically.

 

    	6	 	 

    	 

    

 

IN WITNESS WHEREOF, the parties
hereto have executed this Agreement as of the day and year first above written.

Monaker Group, Inc. 

 

 

 

	By: 	     /s/ William Kerby	Oct. 23, 2017	 
	 	William Kerby, CEO	 	 

 

 

 

Exponential, Inc.

 

 

 

	By: 	     /s/ Dom Einhorn	 
	 	Dom Einhorn, Founder.	 

 

    	7

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