STANDSTILL AGREEMENTStandstill Agreement • June 30th, 2017 • Quest Patent Research Corp • Wholesale-miscellaneous nondurable goods
This STANDSTILL AGREEMENT (this “Agreement”), dated as of June 12, 2017, to and under the Securities Purchase Agreement referenced below, is among Quest Patent Research Corporation, a Delaware corporation (the “Company”), Quest Licensing Corporation, a Delaware corporation, Wynn Technologies, Inc., a New York corporation, Mariner IC Inc., a Texas corporation, Semcon IP Inc., a Texas corporation and IC Kinetics Inc., a Texas corporation, United Wireless Holdings, Inc., a Delaware corporation (the “Buyer”), and Andrew C. Fitton and Michael R. Carper (together, the “Buyer’s Transferees”).
