STANDSTILL AGREEMENTStandstill Agreement • May 4th, 2018 • Quest Patent Research Corp • Wholesale-miscellaneous nondurable goods
Contract Type FiledMay 4th, 2018 Company IndustryThis 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”).