0001575872-17-000027 Sample Contracts

Amended License Agreement
License Agreement • February 14th, 2017 • Scio Diamond Technology Corp • Abrasive, asbestos & misc nonmetallic mineral prods • Michigan

This Amended License Agreement (the “Agreement”) is made as of November ___, 2016, (the “Effective Date”) by and between SCIO Diamond Technology Corporation a Nevada corporation, having a principal place of business at 411 University Ridge, Suite D, Greenville, SC 29601 (the “LICENSOR”) and Grace Rich Limited, a Hong Kong corporation (“Grace Rich”) and SAAMABA, LLC, a Michigan limited liability company (“SAAMABA”) each having a principal place of business at c/o 354 Indusco Court, Troy, Michigan 48083 (and together referred to herein as, “LICENSEE”).

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FIRST AMENDED SETTLEMENT AGREEMENT AND MUTUAL RELEASE
Settlement Agreement and Mutual Release • February 14th, 2017 • Scio Diamond Technology Corp • Abrasive, asbestos & misc nonmetallic mineral prods • Michigan

This FIRST AMENDED SETTLEMENT AGREEMENT AND MUTUAL RELEASE ("Agreement") is dated as of November 22, 2016 ("Effective Date"), by and between Grace Rich Limited, a Hong Kong corporation having a principal place of business c/o 354 Indusco Ct., Troy, MI 48083 ("Grace Rich"), SAAMABA, LLC, a Michigan limited liability company having a principal place of business at 354 Indusco Ct., Troy, MI 48083 ("SAAMABA"), and Scio Diamond Technology Corporation, a Nevada corporation having a principal place of business at411 University Ridge, Suite D, Greenville SC 29601 ("Scio") (together, the "Parties").

SHARE PURCHASE AGREEMENT
Share Purchase Agreement • February 14th, 2017 • Scio Diamond Technology Corp • Abrasive, asbestos & misc nonmetallic mineral prods • Michigan

THIS SHARE PURCHASE AGREEMENT, is effective November 22, 2016 (this "Agreement"), between SAAMABA, LLC, a Michigan limited liability company having a principal place of business at c/o 354 Indusco Court, Troy, Michigan 48083 ("Buyer"), and SCIO DIAMOND TECHNOLOGY CORPORATION, a Nevada corporation, having a principal place of business at 411 University Ridge, Suite D, Greenville, SC 29601 ("Seller").

SETTLEMENT AGREEMENT AND MUTUAL RELEASE
Settlement Agreement and Mutual Release • February 14th, 2017 • Scio Diamond Technology Corp • Abrasive, asbestos & misc nonmetallic mineral prods • Michigan

This Settlement Agreement and Mutual Release (''Agreement"), by and between Grace Rich Limited, a Hong Kong corporation having a principal place of business c/o 354 lndusco Ct., Troy, MI 48083 ("Grace Rich"), SAAMABA, LLC, a Michigan limited liability corporation having a principal place of business at 354 Indusco Ct., Troy, MJ 48083 ("SAAMABA"), and Scio Diamond Technology Corporation, a Nevada corporation having a principal place of business at 411 University Ridge, Suite D, Greenville SC 29601 ("Scio") (together, the "Parties"), is effective as of the date all Parties have executed this Agreement by signing below (the "Effective Date").

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