GENERAL RELEASE AGREEMENTGeneral Release Agreement • November 2nd, 2011 • Mojo Ventures, Inc. • Retail-retail stores, nec • New York
This GENERAL RELEASE AGREEMENT (this “Agreement”), dated as of October 27, 2011, is entered into by and among Mojo Ventures, Inc., a Delaware corporation (“MOJO”), Mojo Organics, Inc. (“Mojo Sub”) and SBSI Acquisition Corp., a Nevada corporation (“SBSI”). In consideration of the mutual benefits to be derived from that certain Split-Off Agreement (the “Split-Off Agreement”) by and among MOJO, SBSI, Mojo Sub and the Buyers named therein, the covenants and agreements set forth herein and therein, and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the execution and delivery hereof, the parties hereto hereby agree as follows:
SPLIT-OFF AGREEMENTSplit-Off Agreement • November 2nd, 2011 • Mojo Ventures, Inc. • Retail-retail stores, nec • New York
This SPLIT-OFF AGREEMENT, dated as of October 27, 2011 (this “Agreement”), is entered into by and among Mojo Ventures, Inc., a Delaware corporation (“Mojo”), SBSI Acquisition Corp., a Nevada corporation (“SBSI”), Mojo Organics, Inc., a Delaware corporation (“Mojo Sub”), and each of the persons named on Exhibit A attached hereto (“Buyers”).
