Memorandum of UnderstandingMemorandum of Understanding • April 12th, 2018 • Nestbuilder.com Corp. • Services-advertising
This is a memorandum of understanding between Mr. Bhatnagar ('CEO') and Mr. Aliksanyan ('President') where both individuals agree to cooperate in order to facilitate the spinning off of all RealBiz Media Group Inc. ('ReaiBiz') real estate subsidiaries including all cash and assets including but not limited to intellectual assets into a separate company ('Newco'). Upon the successful completion of such spin off to be no later than March 31, 2017,Mr. Aliksanyan will resign his seat on the RealBiz Board of Directors as well as President of the real estate division of RealBiz.
