March 25 2014 TCA Global Credit Master Fund, LP
Exhibit 10.2
March 25 2014
TCA Global Credit Master Fund, LP
0000 Xxxxxx Xxxxxx
Hollywood, Florida 33020
Attention: Robert Press, Director
| Re: | Committed Equity Facility Agreement and Registration Rights Agreement dated as of May 31, 2012 of Mobiquity Technologies, Inc., formerly Ace Marketing & Promotions, Inc. |
Gentlemen:
By each of our signatures below, we mutually agree to immediately terminate without liability or further obligation to the other, the Committed Equity Facility Agreement and Registration Rights Agreement dated as of May 31, 2012 of Mobiquity Technologies, Inc., formerly Ace Marketing & Promotions, Inc. It is further agreed that Mobiquity will remove from registration all unsold shares of Common Stock which were registered for sale pursuant to an effective registration of April 12, 2013. Also, TCA Global Credit Master Fund, LP will undertake to return to Mobiquity for cancellation 42,000 shares of Common Stock of Mobiquity which are at Caledonian and have not been paid for or sold by Caledonian.
COMPANY:
formerly ACE MARKETING & PROMOTIONS, INC.
By: /s/ Xxxx Xxxxx
Name: Xxxx Xxxxx
Title: Co-CEO
INVESTOR:
TCA GLOBAL CREDIT MASTER FUND, LP
By: TCA Global Credit Fund GP, Ltd., its general partner
By: /s/ Xxxxxx Press
Name: Xxxxxx Xxxxx
Title: Director
000 Xxx Xxxxxxx Xxxx, Xxxxx 000, Xxxxxx Xxxx, XX 00000
