TRADEMARK ASSIGNMENT AND AGREEMENTTrademark Assignment Agreement • August 3rd, 2010 • AMHN, Inc. • Crude petroleum & natural gas
TRADEMARK ASSIGNMENT AND AGREEMENT (this “Assignment Agreement”) is made effective as of July 30, 2010 (the “Effective Date”), by and between SEATAC DIGITAL RESOURCES, INC., a Delaware corporation (the “Assignee”), and AMHN, INC., a Nevada corporation (the “Assignor”). This Assignment Agreement is made as part of Assignee’s acceptance of collateral in partial satisfaction of debt owed by Assignor to Assignee.
JOINT DIRECTION TO RELEASE PLEDGED INTERESTS FROM ESCROWStock Pledge and Escrow Agreement • August 3rd, 2010 • AMHN, Inc. • Crude petroleum & natural gas
AGREEMENT, ACKNOWLEDGMENT AND CONSENTAgreement, Acknowledgment and Consent • August 3rd, 2010 • AMHN, Inc. • Crude petroleum & natural gas
AMHN and the Guarantor hereby (i) acknowledge, agree and reaffirm that (a) the Loan Documents constitute legal, valid and binding obligations of AMHN and the Guarantor, enforceable against each of them in accordance with their terms, (b) AMHN and the Guarantor are liable, without defense, offset or counterclaim of any kind or nature to Seatac in an amount equal to the Debt, and (c) the Debt is secured by a properly perfected first priority security interest in all of the assets of AMHN and the Guarantor, (ii) acknowledge and agree that AMHN and the Guarantor are in default under the Loan Documents, and (iii) waive any notice required (or any noncompliance with any notice requirement) under Utah and Delaware statutes.
