RESOLUTION OF PURCHASE, MUTUAL RELEASE, AND SETTLEMENT AGREEMENTSettlement Agreement • December 23rd, 2021 • SurgePays, Inc. • Services-advertising • Nevada
This Resolution of Purchase, Mutual Release, and Settlement Agreement (“Agreement”) is entered into and effective as of the date the last party hereto executes this Agreement (the “Effective Date”), by and among Stanley Hills, LLC, a Nevada limited liability company (“Stanley”), together with AltCorp Trading, LLC, a Costa Rica limited liability company (“AltCorp”), Glen Eagles Acquisition LP, a Delaware limited partnership (“Glen Eagles”), GBT Technologies, Inc., a Nevada corporation (“GBT”), Igor 1 Corp., a Bermuda corporation (“Igor,” together with Stanley, AltCorp, Glen Eagles, and GBT each a “Claimant” and collectively the “Claimants”), SurgePays, Inc., a Nevada corporation formerly known as Surge Holdings, Inc. (“Surge”), Kevin Brian Cox, individually and as a director and chief executive officer of Surge (“Cox”), and ECS Prepaid LLC, a Missouri limited liability company and wholly owned subsidiary of Surge (“ECS,” together with Surge and Cox the “Surge Parties”); with Stanley and
