TERMINATION OF AGREEMENT FOR THE EXCHANGE OF COMMON STOCKTermination of Agreement for the Exchange of Common Stock • October 29th, 2012 • Sputnik Enterprises, Inc • Computer communications equipment
The Undersigned parties to that certain Agreement (“Agreement”) made the first day of July 2012, by and between Sputnik Enterprises, Inc., a Nevada corporation, OTCBB SPNI (the “Issuer”), and Armada Sports & Entertainment, Inc., a Nevada corporation (the “Company”), and the shareholders of Company, (the “Shareholders”) for value received do hereby agree to terminate the Agreement and all rights and obligations of each party thereunder.
