SHARE EXCHANGE AGREEMENT Xalted Networks, Inc. a Delaware corporation and Xalted Holding Corporation a Delaware corporation and the sole shareholder of Xalted Networks, Inc. on the one hand; andShare Exchange Agreement • May 16th, 2011 • Kranem Corp • Retail-catalog & mail-order houses • Colorado
This SHARE EXCHANGE AGREEMENT (this “Agreement”), dated as of May 12 2011, is made between and among Kranem Corporation, a Colorado corporation (“Kranem”), Xalted Networks, Inc., a Delaware corporation (“Xalted”), and Xalted Holding Corporation, the sole shareholder of Xalted (the “Shareholder”). Each of the parties to this Agreement is individually referred to herein as a “Party” and collectively, as the “Parties.” Capitalized terms used herein that are not otherwise defined herein shall have the meanings ascribed to them in Annex A hereto.
ASSIGNMENT OF NOTE AGREEMENTAssignment of Note Agreement • May 16th, 2011 • Kranem Corp • Retail-catalog & mail-order houses • Delaware
THIS Assignment of Note Agreement (hereinafter referred to as the “Agreement”) is executed as of April __, 2011 (the “Effective Date”), by and between Xalted Holding Corporation, a Delaware corporation (the “Company”), Kranem Corporation, a Colorado corporation (the “Assignee”), Imprenord, ME (“Imprenord”), Empire Capital Partners, L.P. (“Empire”) and Peter Richards (“Mr. Richards,” together with Imprenord and Empire, the “Assignors” and individually an “Assignor”). The Company, the Assignee and the Assignors are sometimes hereinafter referred to collectively as the “Parties” and individually as a “Party.”
