AMENDED AND RESTATED STOCKPURCHASE AGREEMENT by and among NEXT GROUP ACQUISITION, INC., NEXT GROUP HOLDINGS, INC., LIMECOM, INC., and HERITAGE VENTURES, LIMITED As of OCTOBER 19, 2017Stockpurchase Agreement • October 26th, 2017 • Next Group Holdings, Inc. • Wholesale-groceries & related products • Florida
THIS AMENDED AND RESTATED STOCKPURCHASE AGREEMENT, dated as of October 19, 2017 (this “Agreement”), is made and entered into by and among Next Group Acquisition, Inc., a Florida corporation (the “Purchaser”),Next Group Holdings, Inc., a Florida corporation (the “Parent Company”), Heritage Ventures Limited, an Irish private limited company (the “Seller”), and LimeCom, Inc., a Florida corporation (the “Company”). The Purchaser, the Parent Company, the Seller, and Orlando Taddeoare sometimes individually referred to herein as a “Party” and collectively as the “Parties.” This Agreement supersedes and replaces all prior agreements between the Parties.
NEXT GROUP HOLDINGS INC.Next Group Holdings, Inc. • October 26th, 2017 • Wholesale-groceries & related products
The within is to confirm our understanding and agreement as of October 9, 2017, that LimeCom, Inc. (“LimeCom”) agrees to lend to Next Group Holdings Inc. (“NXGH”) the aggregate sum of $440,000 (Four Hundred and Forty Thousand and 00/xx Dollars) consisting of the sum of $55,000 (Fifty Five Thousand and 00/xx Dollars) per month consisting of ($44,000 and $11,000) for eight (8) consecutive months, which sums will be exclusively used for the repayment of convertible notes to LG Capital Funding LLC (“LG Capital”) and Cerberus Finance Group, Ltd. (“Cerberus”) as set forth in the agreement dated October 9, 2017 by and between NXGH and LG Capital and Cerberus. As you are further aware, LimeCom’s consent was endorsed on each of the separate agreements with LG Capital and Cerberus, and the within is to confirm and ratify each of the consents referred to herein.
