Termination Agreement between NAMI Corp and GMCI Corp (July 4, 2018)
NAMI Corp and GMCI Corp have mutually agreed to terminate their Letter of Intent dated December 11, 2017, with immediate effect. As a result, neither party has any further obligations or liabilities under the original Letter of Intent. This agreement is binding on both parties and their successors or assigns and may be executed in counterparts.
EXHIBIT 2.1
Termination Agreement
The undersigned parties hereby agree that the Letter of Intent (the “Letter of Intent”) dated as of December 11, 2017 by and between Nami Corp (“NAMI”) and GMCI Corp (“GMCI”) is hereby terminated with immediate effect and none of the parties shall have any further responsibility of liability thereunder.
This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and assigns. This Agreement may be executed in counterparts, each of which shall be deemed an original, and all of which together shall constitute a single agreement.
IN WITNESS WHEREOF, the parties hereto have executed this Termination Agreement as of July 4, 2018.
NAMI Corp | |||
By: | /s/ Ong Tee Keat | ||
| Name: | Ong Tee Keat | |
Title: | President |
GMCI Corp | |||
By: | /s/ Lok Khing Ming | ||
| Name: | Lok Khing Ming | |
Title: | Chairman of the Board |