Termination Agreement to Business Combination Agreement among Marathon Group SA, Uniloc Luxembourg S.A., Uniloc Corporation Pty. Limited, and Marathon Patent Group, Inc.
Marathon Group SA, Uniloc Luxembourg S.A., Uniloc Corporation Pty. Limited, and Marathon Patent Group, Inc. have mutually agreed to terminate their previous Business Combination Agreement dated August 14, 2015. This termination is formalized by the authorized representatives of each party, effectively ending any obligations or plans under the original agreement.
Exhibit 10.1
Per Section 6.1(a) of the Business Combination Agreement, dated as of 14 August 2015 (the “Agreement”), by and among Marathon Group SA, a Luxembourg société anonyme, Uniloc Luxembourg, S.A., a Luxembourg société anonyme, Uniloc Corporation Pty. Limited, an Australian company limited by shares ACN 058 043 744 (“Uniloc Australia”), and Marathon Patent Group, Inc., a Nevada corporation (“Marathon”), the undersigned agree to terminate the Agreement.
| MARATHON GROUP SA | UNILOC LUXEMBOURG S.A. | ||||
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| By: |
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| By: |
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| Name: | Richard S. Chernicoff | Name: | Craig Etchegoyen | ||
| Title: | Director | Title: | CEO | ||
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| MARATHON PATENT GROUP, INC. |
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| By: |
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| Name: | Douglas B. Croxall |
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| Title: | Chief Executive Officer |
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| UNILOC CORPORATION PTY LIMITED |
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| By: |
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| Name: | Craig Etchegoyen |
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| Title: | Chairman |
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