SEPARATION AND CONSULTING AGREEMENT AND MUTUAL RELEASESeparation and Consulting Agreement and Mutual Release • October 21st, 2015 • Loton, Corp • Retail-eating places • California
Contract Type FiledOctober 21st, 2015 Company Industry JurisdictionTHIS 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.