Agreement—Dynamic AdvancesAgreement—dynamic Advances • May 7th, 2014 • Marathon Patent Group, Inc. • Patent owners & lessors • Texas
This Agreement (this “Agreement”), is made as of May 2, 2014 (the “Effective Date”), by and among TechDev Holdings, LLC, a Texas limited liability company, of 719 W. Front Street, Suite 242, Tyler, TX 75702 (“TechDev”), The Spangenberg Family Foundation for the Benefit of Children’s Healthcare and Education, a 501(c)(3) charitable organization organized under the laws of Texas (“SFF”; TechDev and SFF are collectively referred to as the “Sellers” and individually as a “Seller”); DA Acquisition LLC, a newly formed Texas limited liability company with an address of 2331 Mill Road, Suite 100, Alexandria, VA 22314 (“DAA”), a wholly-owned subsidiary of Marathon Patent Group, Inc., a Nevada corporation with an address of 2331 Mill Road, Suite 100, Alexandria, VA 22314 (“Marathon”) and Marathon. All the parties to this Agreement shall be referred to collectively herein as the “Parties” and separately as a “Party”.
