SEC Contract Filing

Filing Date: 2018-08-28

Document Content:
<DOCUMENT>
<TYPE>EX-10.02
<SEQUENCE>2
<FILENAME>f8k082418_ex10z02.htm
<DESCRIPTION>EXHIBIT 10.02 TERMINATION AGREEMENT
<TEXT>
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<TITLE>Exhibit 10.02 Termination Agreement</TITLE>
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<DIV style=margin-left:36pt;width:540pt><P align=center style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0'><FONT style=font-size:10pt><B>TACTICAL SERVICES, INC. </B></FONT></P>
<HR style='border:0;height:0;width:0;margin:14pt 0 0 0'><P align=justify style='font:10pt Times New Roman;margin:0'>August 24, 2018</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>Thomas Li</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>Nathan Xian</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>Francisco Ariel Acosta</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>Unit 1104, 11/F, Crawford House</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>70 Queen&#8217;s Road Central</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>Central, Hong Kong</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:36pt'><B>Re:</B></KBD><KBD style=margin-left:72pt></KBD><FONT style='border-bottom:1px solid #000000'><B>Termination of Asset Purchase Agreement dated October 23, 2017</B></FONT>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>To Whom It May Concern:</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>Please be advised that, effective immediately, that certain Asset Purchase Agreement (the &#8220;Agreement&#8221;) dated October 23, 2017, by and among Tactical Services, Inc. (f.k.a. Lineup Advertisement Inc.), a Nevada corporation (the &#8220;Company&#8221;), Thomas Li (&#8220;Li&#8221;) and Nathan Xian (&#8220;Xian&#8221;) is hereby terminated. </P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>Pursuant to Section 6(a)(vi) of the Agreement, <A name=part_1_2_3 />Li and Xian &#8220;shall have performed all necessary actions to transfer legal title of the Acquired Assets to the name of [the Company].&#8221; Messrs. Li and Xian failed altogether to transfer title to the Acquired Assets to the Company.</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>As such, the signatories to the Agreement hereby agree to amicably and voluntarily terminate the Agreement, as if it had never been executed since the obligations of the parties pursuant to the Agreement were never satisfied.</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>In addition, as a direct result of the failure to transfer said Acquired Assets to the Company, the Company never delivered the 60,000,000 restricted shares of its common stock due and owing to Messrs. Li and Xian, thereby further facilitating the termination of the Agreement as set forth herein.</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>Further, such termination is effective immediately and the Agreement shall be void and have no effect, without any liability or obligation on the part of the Company or any of the signatories thereto. &#160; </P>
<P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>Please be guided accordingly.</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>Sincerely,</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'><FONT style='border-bottom:1px solid #000000'><I>/s/ Francisco Ariel Acosta &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</I></FONT></P>
<P style='font:10pt Times;margin:0'><FONT style='font-family:Times New Roman'>Francisco Ariel Acosta</FONT></P>
<P align=justify style='font:10pt Times New Roman;margin:0'><I>Chief Executive Officer </I></P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'><I>AGREED &amp; ACCEPTED:</I></P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'><FONT style='border-bottom:1px solid #000000'><I>/s/ Nathan Xian &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</I></FONT></P>
<P align=justify style='font:10pt Times New Roman;margin:0'><I>NATHAN XIAN</I></P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'><FONT style='border-bottom:1px solid #000000'><I>/s/ Thoams Li &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</I></FONT></P>
<P align=justify style='font:10pt Times New Roman;margin:0'><I>THOMAS LI</I></P>
<