0001469299-11-000190 Sample Contracts

LEASE AGREEMENT
Lease Agreement • March 30th, 2011 • Eclips Media Technologies, Inc. • Power, distribution & specialty transformers
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SETTLEMENT AND RELEASE AGREEMENT AGREEMENT
Settlement Agreement • March 30th, 2011 • Eclips Media Technologies, Inc. • Power, distribution & specialty transformers • New York

This Settlement and Release Agreement (the "Agreement") is entered into effective as of the 14th day of March, 2011, by and between EClips Media Technologies, Inc. (the “Company”) and Peter W. James (“James”) (each of the Company and James individually, a “Party” and collectively the “Parties”).

AMENDMENT
Consulting Agreement • March 30th, 2011 • Eclips Media Technologies, Inc. • Power, distribution & specialty transformers • New York

This Amendment, dated as of December 13, 2010 (this “Amendment”), by and between EClips Media Technologies, Inc. (the “Company”) and Colonial Ventures, LLC (“Colonial”), has been executed for the purpose of amending that certain consulting agreement, dated as of February 4, 2010 (the “Agreement”).

SPINOFF AGREEMENT
Spin-Off Agreement • March 30th, 2011 • Eclips Media Technologies, Inc. • Power, distribution & specialty transformers • New York

THIS SPINOFF AGREEMENT (this “Agreement”), dated as of December 7, 2010, is made by and between Eclips Media Technologies, Inc., a Delaware corporation (“Company”), SD Acquisition Corp., a New York corporation (“SD”), Brand Interaction Group, LLC (“Brand”), a New Jersey limited liability company, Eric Simon (“Simon”) and each of the individuals listed under the heading “Lenders” on Exhibit A annexed hereto (“collectively, “Lenders”).

ECLIPS MEDIA TECHNOLOGIES, INC.
Consulting Agreement • March 30th, 2011 • Eclips Media Technologies, Inc. • Power, distribution & specialty transformers
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