SUBSIDIARY FORMATION AND FUNDING AGREEMENTSubsidiary Formation and Funding Agreement • January 13th, 2021 • Monaker Group, Inc. • Transportation services • Florida
This Subsidiary Formation and Funding Agreement (this “Agreement”), dated and effective January 12, 2021 (the “Effective Date”), is entered into by and between Monaker Group, Inc., a Nevada corporation (“Monaker”), NextTrip Group, LLC, a Florida limited liability company (“NextTrip Group”), HotPlay Enterprise Limited, a British Virgin Islands company (“HotPlay”), Red Anchor Trading Corporation, a British Virgin Islands corporation and the principal stockholder of HotPlay (the “Principal Stockholder”) and T&B Media Global (Thailand) Company Limited, Tree Roots Entertainment Group Co., Ltd. and Dees Supreme Company Limited, the minority stockholders of HotPlay (collectively, the “Minority Stockholders,” and together with the Principal Stockholder, the “HotPlay Stockholders”).
OPERATING AGREEMENT OF NEXTTRIP GROUP, LLC DATED AS OF JANUARY 11, 2021 AND EFFECTIVE AS OF JANUARY 11, 2021Operating Agreement • January 13th, 2021 • Monaker Group, Inc. • Transportation services • Florida
This Operating Agreement (this “Operating Agreement” or “Agreement”) of NextTrip Group, LLC (the “Company”), entered into on January 11, 2021, and effective January 11, 2021 (the “Effective Date”), is (a) adopted by the Managers (as defined in Section 6.1), and (b) executed and agreed to, for good and valuable consideration, by the Initial Member (as defined in Section 2.1.14).
