SEC Contract Filing

Filing Date: 2018-12-28

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>s115026_ex10-2.htm
<DESCRIPTION>EXHIBIT 10.2
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<P STYLE="margin: 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit 10.2</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Amendment No. 1 To Share Exchange Agreement</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Dated December 28, 2018</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Amendment No.
1 to Share Exchange Agreement (this &ldquo;Amendment&rdquo;) is entered into as of the date first set forth above, by and between
among (i) SMAAASH ENTERTAINMENT INC., a Delaware corporation (&ldquo;Purchaser&rdquo;), (ii) SIMPLICITY ESPORTS, LLC, a Florida
limited liability company (the &ldquo;Company&rdquo;), (iii) each of the equity holders of the Company as named on <U>Exhibit B</U>
to the Original Agreement, as defined below, (the &ldquo;Company Owners&rdquo;), and (iv) Jed Kaplan in the capacity as the representative
for the Company Owners in accordance with the terms and conditions of this Agreement (the &ldquo;Owners&rsquo; Representative&rdquo;).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, Purchaser,
the Company, the Company Owners and Owners&rsquo; Representative are parties to that certain Share Exchange Agreement, dated as
of December 21, 2018 (the &ldquo;Original Agreement&rdquo;) and now wish to amend the Original Agreement as set forth herein; and</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, Pursuant to
Section 10.15 of the Original Agreement, the Owners&rsquo; Representative may bind the Company Owners to an amendment of the Original
Agreement;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">NOW, THEREFORE, in
consideration of the mutual covenants and agreements set forth herein and for good and valuable consideration, the receipt and
adequacy of which are hereby acknowledged, the parties hereto agree as follows:</P>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">1.</TD><TD STYLE="text-align: justify"><U>Amendment</U>. Pursuant to Section 10.6 of the Original Agreement, the words &ldquo;one (1)
year&rdquo; in Section 6.8(a) of the Original Agreement are hereby amended to read &ldquo;six (6) month&rdquo;.</TD></TR></TABLE>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">2.</TD><TD STYLE="text-align: justify"><U>Miscellaneous</U>.</TD></TR></TABLE>

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<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(a)</TD><TD STYLE="text-align: justify">Defined terms used herein without definition shall have the meaning given to them in the Original
Agreement.</TD></TR></TABLE>

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<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(b)</TD><TD STYLE="text-align: justify">This Amendment and the rights and obligations of the parties hereto shall be governed by and construed
and enforced in accordance with the laws of the State of Delaware without application of the conflicts of laws provisions thereof.</TD></TR></TABLE>

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<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(c)</TD><TD STYLE="text-align: justify">This Amendment shall be deemed part of, but shall take precedence over and supersede any provisions
to the contrary contained in the Original Agreement. Except as specifically modified hereby, all of the provisions of the Original
Agreement, which are not in conflict with the terms of this Amendment, shall remain in full force and effect.</TD></TR></TABLE>

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