SEC Contract Filing

Filing Date: 2018-07-12

Document Content:
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<TYPE>EX-10.23
<SEQUENCE>2
<FILENAME>ex10_23.htm
<DESCRIPTION>EX-10.23
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>TERMINATION
AND </B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SHARE
CANCELLATION AGREEMENT</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
Termination and Share Cancellation Agreement (the &#8220;<B><I>Agreement</I></B>&#8221;) is entered into as of July 4, 2018 (the
&#8220;<B><I>Effective Date</I></B>&#8221;) by and between HypGen, Inc. (formerly, Mega Bridge, Inc.), a Nevada corporation (the
&#8220;<B><I>Company</I></B>&#8221;), and Rafferty Finances, S.A., with primary address at Pasea Estate, Tortola, Road Town, VI
(the &#8220;<B><I>Consultant</I></B>&#8221;), with reference to the following:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
Consultant and Company entered into a Consulting Agreement dated June 28, 2017 (the &#8220;<B><I>Consulting Agreement</I></B>&#8221;)
pursuant to which the Company agreed to pay Consultant certain monetary and equity compensation in consideration for services
to be performed by Consultant;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
in connection with the Consulting Agreement, Company issued to Consultant (i) a Common Stock Purchase Warrant dated June 28, 2017
(the &#8220;<B><I>Warrant</I></B>&#8221;) to purchase up to 10,000,000 shares of Company common stock; and (ii) a Share Certificate
in the amount of 5,000,000 shares (the &#8220;<B><I>5M Shares</I></B>&#8221;) of Company common stock dated July 19, 2017 and
represented by Share Certificate No. BE9 (the &#8220;<B><I>Share Certificate</I></B>&#8221;);</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the parties desire to rescind and terminate the Consulting Agreement and Warrant, and cancel the 5M Shares and Share Certificate;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NOW
THEREFORE, in consideration of the mutual covenants and agreements set forth in this Agreement, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged by each of Consultant and the Company, Consultant
and the Company hereby agree as follows:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Rescission and Termination of Agreements.</U> As of the Effective Date, (i) the parties mutually agree to the rescission and
termination of the Consulting Agreement and Warrant; and (ii) none of the parties shall have any obligations to one another under
the Consulting Agreement or Warrant.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Cancellation of 5M Shares and Share Certificates</U>. As of the Effective Date, Consultant agrees that the 5M Shares Share
Certificate is cancelled. As of the Effective Date, the 5M Shares will no longer be outstanding on the stock ledger of the Company
and the Consultant shall no longer have any interest in the 5M Shares. Consultant shall deliver to the Company or its transfer
agent the Share Certificates representing 200,000 Shares Arch Investments Share Certificate No. 1036, 239,500 Shares South Riverside
Group Share Certificate No. 1037 and 30,000 Shares Edik Skupien Share Certificate No. 1022, with an aggregate of 469,500 s