Common Contracts

ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

Stock Purchase Agreement • April 16th, 2014 • Nevada

• Contract Type
  Stock Purchase Agreement
• Filed
  April 16th, 2014
• Jurisdiction
  Nevada

Axiologix, Inc. (“AXLX”) entered into a definitive Stock Purchase Agreement on April 8, 2014, as amended (the “SPA”) with iTeknik Holding Corporation, a Wyoming corporation publicly listed on the Pink Sheets under ticker symbol ITKH (“ITKH”), Fredrick W. Wicks, ITKH’s CEO, Chairman and shareholder (“Seller 1”), and Jeffrey Lauzon, ITKH’s President, Director and shareholder (“Seller 2”)(together, Seller 1 and Seller 2 are the “Sellers”), whereby Axiologix shall purchase stock of ITKH, consisting of 100,000,000 shares of common stock, 1,231,000,000 shares of Series A Preferred Stock and 2 shares of Series C Preferred Stock, representing a 55.6% beneficial ownership of ITKH, from the Sellers in exchange for a total consideration of $1,775,000 in cash. $975,000 in cash shall be paid on the Closing Date,