Separation and Consulting Agreement and Mutual Release Sample Contracts

SEPARATION AND CONSULTING AGREEMENT AND MUTUAL RELEASE
Separation and Consulting Agreement and Mutual Release • October 21st, 2015 • Loton, Corp • Retail-eating places • California

THIS SEPARATION AND CONSULTING AGREEMENT AND MUTUAL RELEASE ("Agreement") is made and entered into, effective as of the 15th day of October, 2015 (the “Effective Date”), by and between LiveXLive, Corp. (f/k/a FestreamTV, Corp.), a Delaware corporation (“LiveXLive” or the “Company”), on the one hand, and Bulldog DM, LLC, a California limited liability company ("Consulting Company"), and John Petrocelli (“John” and with Consulting Company, collectively, “Consultant”), on the other hand. The Company and Consultant are sometimes referred to collectively as the “Parties” and individually as a “Party”. References to the Consultant herein shall be deemed to be references to John and Consulting Company, on a joint and several basis.

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