Amendment to Share Purchase Agreement between Bark Group Inc. and Tre Kronor Media AB Shareholders
Bark Group Inc. and the shareholders of Tre Kronor Media AB have agreed to amend their previous Share Purchase Agreement. The amendment removes the sellers' right to reverse the agreement if Bark Group Inc. fails to raise $3,000,000 in 2010 through share capital or convertible notes. With this amendment, both parties confirm that the transaction is now fully completed as of August 9, 2010.
EXHIBIT 10.1
Amendment to Share Purchase Agreement between Bark Group Inc. (Purchaser)
and shareholders of Tre Kronor Media AB (Sellers) made April 9, 2010
| 1) | The parties agree to annul section 2,5 in the Share Purchase Agreement under which the Sellers are entitled to reverse the Share Purchase Agreement if the buyer, in 2010, is unable to raise a total of $3,000,000 in share capital injections or external financing via convertible notes. |
| 2) | The transaction between the Purchaser and the Sellers is considered fully executed by the signature of this document |
| Stockholm, August 9, 2010 | ||
| For the Purchaser: | For the Sellers: | |
| Bent Helvang | Niclas Fröberg | Carl Johan Grandison |
| Klaus Aamann | Jacob de Geer | Filip Scheja |
| Malin Johansson | Linda Kokovic | |
| Helena Westin |
