Termination Letter of Equity Purchase Agreement between MYDX, Inc. and Kodiak Capital Group, LLC (June 30, 2016)
MYDX, Inc. has formally notified Kodiak Capital Group, LLC that it is terminating their Equity Purchase Agreement, originally entered into on or about February 2, 2016. The termination is made in accordance with the terms of the agreement, specifically Section 10.5, and is effective upon written notice. This letter serves as the official notice of termination from MYDX, Inc. to Kodiak Capital Group, LLC.
Exhibit 10.1
June 30, 2016
Kodiak Capital Group, LLC
260 Newport Center Drive
Newport Beach, CA 92660
Attn: Ryan Hodson
Re: Termination Notice
Dear Mr. Hodson,
Pursuant to Section 10.5 of the Equity Purchase Agreement (the “Purchase Agreement”) entered into by and between you and MYDX, INC., a Nevada corporation (the “Company”), on or about February 2, 2016, the Company may terminate the Purchase Agreement at any time by written notice to the Investor.
This letter shall serve as a written notice that the Company is terminating the Purchase Agreement pursuant to the above.
Thanks for your attention to this matter.
Sincerely:
MYDX, INC.
By: Daniel Yazbeck
Name: Daniel Yazbeck
Title: Chief Executive Officer
Date: June 30, 2016
