CONTRIBUTIONAGREEMENT
This CONTRIBUTIONAGREEMENT(this“Agreement”)isentered intoeffectiveasofSeptember12th,2014(the“EffectiveDate”),byandbetweenVopia,Inc.,aNevadacorporation(“Vopia”)andGimwork ProjectLP(“Contributor”).
R ECITALS:
A.Contributor desirestocontributeandassignallofitsassetsandliabilitiesassociatedwithitssearchtechnologysoftwareandonlineplatform(the“Business”)toVopia inreturnforcommonstockvaluedat$0.10pershareofVopia(the“CommonStock”).
C. Vopiaagrees to acceptsuchassetcontributionandassumesuchliabilitiesofContributorpursuanttothetermsofthisAgreement.
NOW, THEREFORE,for goodandvaluableconsideration,thereceiptandsufficiencyofwhichthepartiesherebyacknowledge,thepartiesheretoagreeasfollows:
1. Contributionand IssuanceofCommonStock.
(a) AsoftheEffectiveDate,Contributordoesherebyassign,transferanddelivertoVopiaallofContributor’sright,titleandinterestinandtoallassets,bothtangibleandintangible,ownedbyContributorpriorthedatehereof,andallrights,privileges,dutiesandobligationsofContributorassociatedwiththe Business(the“Assigned Assets and Assumed Liabilities”),including, without limitation:
(i) allaccounts, including, withoutlimitation,depositaccounts,investmentaccounts,allpresentandfuturerightsofContributortopaymentforservicesrendered,allaccountsreceivable,notesreceivable,contractrights,bookdebts,debentures,draftsandotherobligationsorindebtednessowingtoContributor,nomatterhowtheyarise (including,withoutlimitation, any such obligation thatmightbe characterized asan account, contractrightor generalintangibleunderthe UCCineffectin anyjurisdiction);
(ii) allinventory, including, withoutlimitation,allgoods,merchandiseandotherpersonalproperty,nowownedbytheContributor;
(iii) allintellectual property, including,withoutlimitation,royalty rights,copyrights, trademarksanddomainnames;
| (iv) | all realpropertyownedbyContributor; |
(v) allcontractrights,includingwithoutlimitation,allcontractsassociatedwiththeBusiness;
| (vi) | all furniture,fixturesandequipment; |
(vii) allofContributor’s unsatisfieddebts,claims, commitments,suits,obligations, andotherliabilities,(whetherabsolute,accrued,assertedorunasserted,fixed,contingentorotherwise)arisingoutofContributor’sownership ofthe AssignedAssetsandfrom theoperationofContributor’s Businessorother activitiesof Contributor prior to the Effective Date including, without limitation, contractual obligations (including lease obligations), local, stateandfederal taxes, licensefees, accruedand unpaidcostsof overhead, employment related liabilities (includingwages and liabilitiesrelated to employee benefit), liabilities that may arise from adverse claims,disputes, proceedings, investigations or inquiries (asserted, instituted or rendered, or otherwise existing or occurring, prior to, on or at any time after, the Effective Date) arising out of Contributor’s ownershipof the Assigned Assets, from the operationof the Contributor’s Business or other activities of Contributor prior to the Effective Date, accounts payable and trade debts and commitments based on express or implied warranties, and any taxes, fees, expenses, liabilities, debts or obligations of Contributor relatingto this Agreement; and
(viii) anycostsandexpensesincurredortobeincurredinconnectionwiththetransferandassumptionofthesame.
(b) Vopiahereby accepts theassignmentandassumptionoftheAssignedAssetsandAssumedLiabilitiesandagreestoassumeandperformallagreements,covenantsandobligationsrequiredofContributorthereunder.
(d) In considerationoftheAssignedAssetsandAssumedLiabilities,VopiashallissuetoContributorOneHundredThousandShares(100,000)sharesoffullypaidandnon-assessableCommonStock.
2. FurtherAssurances.Each partyheretoagreestoexecute,acknowledge,deliver, file,recordandpublishsuchfurtherinstrumentsanddocumentsanddoallsuchfurtheractionthingsasmayberequiredbylaw,orasmayberequiredtocarryouttheintentandpurposeofthisAgreement.
3. ThirdParty Consents.If andtotheextenttheassignmentofanycontractofContributorrequiresthirdpartyconsent,ContributoragreestouseitsbesteffortstopursueandobtainsuchconsentassoonaspracticablefollowingtheEffectiveDate.
4. SuccessorsandAssigns.This Agreement shallbebindinguponthepartiesheretoandtheirrespectiveexecutors,administrators, successorsandassigns,andshallinuretothebenefitofthepartiesheretoand,exceptasotherwiseprovidedherein,theirrespectiveexecutors,administrators,successors andassigns.
5. Venue;Governing Law.Eachofthepartiesheretoconsentstothejurisdictionofanycourtin Clark County,Nevadaforany action arising out ofmatters relating to this Agreement.This Agreementshallbeinterpreted,construedandgovernedbyandinaccordancewiththelawsoftheStateofNevadawithoutregardtotheconflictsoflawprinciplesthereof.
6. Notices.All notices requiredorpermittedhereundershallbesentinaccordancewiththeprovisionsandtotheaddressesmaintainedintherecordsofeachparty.
7. Waiver.No failure ordelaybyeitherpartyinexercisinganyrighthereundershalloperateasawaiverthereofnorshallanysingleorpartialexercisethereofprecludeanyotherorfurtherexerciseofanyotherrighthereunder.Anyagreementonthepartofapartyheretotoanysuchextensionorwaivershallbevalidonlyifsetforthinaninstrumentinwritingsignedonbehalfofsuchparty.
8. EntireAgreement.ThisAgreement (including anyschedulesandexhibitshereto)constitutestheentireagreement,andsupersedesallotherprioragreements,understandings,representations andwarranties, bothwrittenandoral,amongthepartiesheretowithrespecttothesubjectmatterhereof.
9. Severability.Theprovisions ofthisAgreementshallbedeemedseverableandtheinvalidityorunenforceabilityofanyprovisionshallnotaffectthevalidityorenforceabilityoftheotherprovisionshereof.IfanyprovisionofthisAgreement,ortheapplicationthereoftoanypersonoranycircumstanceisdeterminedbyacourtofcompetentjurisdictiontobeinvalid,illegal,voidorunenforceabletheremainingprovisionshereof,shall,subjectto thefollowing sentence, remain infull force and effect and shall in no way be affected, impaired or invalidated thereby, so long as the economic or legal substanceof thetransactions contemplatedhereby is notaffectedinanymanneradverse toany party. Upon suchdeterminationthat any provisionor the application thereof is invalid, illegal, void or unenforceable, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in a mutually acceptable manner so that the transactionscontemplated hereby are consummated as originally contemplated to the fullest extent permitted by applicable law.
10. Amendment.This Agreement maybechangedonlybyanagreementinwritingsignedbythepartieshereto.
11. Counterparts.ThisAgreement maybeexecutedinoneormorecounterpartsandassoexecutedshallconstituteasingleinstrument.
[SIGNATURESTO FOLLOW]
IN WITNESSWHEREOF,thepartiesheretohaveexecutedthisAgreementeffectiveasofthedatesetforthintheintroductoryparagraphhereof.
Vopia, Inc.
By:/s/ Jose De La Cruz
Name:Jose De lA Cruz
Title: ChiefExecutiveOfficer
Gimwork ProjectLP
By: /s/ Ramus Refer
Name: Rasmus Refer
Title: Owner
