0001662252-17-000115 Sample Contracts

LETTER OF INTENT
Letter of Intent • June 12th, 2017 • SocialPlay USA, Inc. • Retail-nonstore retailers

This exclusive binding Letter of Intent (“LOI”) sets forth the basic terms under which SocialPlay USA, Inc., a Nevada corporation will engage in a corporate transaction between itself and Friendship Socks Inc., a Canadian corporation registered in British Columbia. (collectively, SPLY, FS shall be sometimes referred to herein as the “Parties” and individually a “Party”). The basic terms of the proposed transaction are as follows:

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