Termination Agreement between NAMI Corp and GMCI Corp (July 4, 2018)

Summary

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.

EX-2.1 2 nink_ex21.htm TERMINATION AGREEMENT doc1.htm

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