0001683168-20-000852 Sample Contracts

STOCK PURCHASE AGREEMENT
Stock Purchase Agreement • March 17th, 2020 • Clancy Systems International Inc /Co/ • Services-prepackaged software • Delaware

This is a STOCK PURCHASE AGREEMENT (the “Agreement”), dated March 11th, 2020 by and among Clancy Systems International Inc., a Colorado corporation (“Buyer”), ARKE TECH S.A.P.I DE C.V., a Mexican corporation (the “Seller”), and Hyperion Digital Group S. DE R.L. DE C.V.., a Mexican corporation (the “Company”), for the purchase and transfer of all the issued and outstanding capital stock in the Company. Buyer, Seller and the Company are herein collectively, referred to as the “Parties” and individually, as a “Party”.

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EARNOUT AGREEMENT
Earnout Agreement • March 17th, 2020 • Clancy Systems International Inc /Co/ • Services-prepackaged software • Delaware

THIS EARNOUT AGREEMENT (this “Agreement”) is made as of the 9th March, 2020, by and among Clancy Systems International Inc., a Colorado corporation, whose address is 22 Baltimore Road, Rockville, Maryland 20850 (“Buyer”), ARKE TECH S.A.P.I DE C.V. a Mexican corporation (“Seller”), and Hyperion Digital Group S.R.L. DE C.V., a Mexican company (the “Company”). Company, Buyer and Seller are collectively referred to herein as the “Parties”.

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