Spin-Off Agreement Sample Contracts

Standard Contracts

INTRODUCTION
Spin-Off Agreement • October 7th, 2004 • Dynamic I-T Inc • Telephone communications (no radiotelephone) • New York
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Contract
Spin-Off Agreement • February 1st, 2018 • Evans Brewing Co Inc. • Malt beverages • Delaware

SPIN-OFF AGREEMENT, dated as of December __, 2017 (this “Agreement”), by and among Evans Brewing Company Inc., a Delaware corporation (“Seller”), and Michael Rapport (“Buyer”), and [Ales Split Corp.], a ________ corporation (the “Spin-Off Subsidiary”).

SPIN-OFF AGREEMENT
Spin-Off Agreement • July 25th, 2024 • ZenaTech, Inc. • Services-prepackaged software • Illinois

This SPIN-OFF AGREEMENT (this “Agreement”), is dated as of November 18, 2018, by and among Epazz, Inc., a Wyoming corporation (“Parent”), and ZenaPay, Inc., an Illinois corporation a wholly owned subsidiary of Parent (“ZenaPay”).

SPIN-OFF AGREEMENT
Spin-Off Agreement • October 29th, 2010 • SUMOTEXT, Inc. • Telegraph & other message communications • Arkansas

THIS SPIN-OFF AGREEMENT (this “Agreement”) is entered into as of this __ day of September 2010, by and among Sumotext Incorporated, a Nevada corporation (the “Company” or the “Seller”) and Timothy Miller and Jim Stevenson, each an individual (collectively the “Buyer”), and Sebring Software LLC, a Florida limited liability company (“Sebring”), each a “Party” and collectively the “Parties”, upon the following premises:

SPIN-OFF AGREEMENT
Spin-Off Agreement • March 31st, 2021 • CX Network Group, Inc. • Services-educational services • New York

This SPIN-OFF AGREEMENT, dated as of March 30, 2021 (this “Agreement”), is entered into by and among CX Network Group, Inc., a Nevada corporation (“Seller”), Chuangxiang Holding Inc., a Cayman Islands corporation (“Spin-Off Subsidiary”), and Continent Investment Management Limited and Golden Fish Capital Investment Limited, both being a BVI company and having the registered address at Unit 8, 3/F., Qwomar Trading Complex, Blackburne Road, Port Purcell, Road Town, Tortola, British Virgin Islands VG1110 (“Buyer”).

BY AND AMONG
Spin-Off Agreement • June 1st, 1998 • Felcor Suite Hotels Inc • Real estate investment trusts • Delaware
Contract
Spin Off Agreement • May 5th, 2020

EX-2.2 3 w77668exv2w2.htm EX-2.2 Exhibit 2.2 Execution Version SPIN OFF AGREEMENT BY AND AMONG BOOZ ALLEN HAMILTON INC., BOOZ & COMPANY HOLDINGS, LLC, BOOZ & COMPANY INC., BOOZ & COMPANY INTERMEDIATE I INC. AND BOOZ & COMPANY INTERMEDIATE II INC. DATED AS OF MAY 15, 2008

AMENDED AND RESTATED SPIN-OFF AGREEMENT
Spin-Off Agreement • August 13th, 2007 • Hamilton Beach, Inc. • Electric housewares & fans • Delaware

This AMENDED AND RESTATED SPIN-OFF AGREEMENT (this “Agreement”), is dated as of April 25, 2007, by and among NACCO Industries, Inc., a Delaware corporation (“Parent”), Housewares Holding Company, a Delaware corporation and a wholly owned subsidiary of Parent (“Housewares”), Hamilton Beach, Inc., a Delaware corporation and a wholly owned subsidiary of Housewares (“Hamilton Beach”), and Hamilton Beach/Proctor-Silex, Inc. (“HB/PS”), a Delaware corporation and wholly owned subsidiary of Hamilton Beach.

SPIN-OFF AGREEMENT
Spin-Off Agreement • August 29th, 2017 • EXOlifestyle, Inc. • Retail-eating places • Nevada

This SPIN-OFF AGREEMENT, dated as of August 24, 2017, (this “Agreement”), is entered into by and among EXOlifestyle, Inc., a Nevada corporation (the “Seller”), and Vaughan Dugan (“Dugan”) and Randy Romano (“Romano”) (Dugan and Romano are collectively referred to hereinafter as the “Buyers”).

SPIN-OFF AGREEMENT
Spin-Off Agreement • January 29th, 2024 • ZKGC New Energy LTD • Miscellaneous electrical machinery, equipment & supplies
SPIN OFF AGREEMENT
Spin Off Agreement • July 27th, 2006 • Nacco Industries Inc • Industrial trucks, tractors, trailors & stackers • Delaware

This SPIN OFF AGREEMENT (this “Agreement”), is dated as of July 23, 2006, by and among NACCO Industries, Inc., a Delaware corporation (“Parent”), Housewares Holding Company, a Delaware corporation and a wholly owned subsidiary of Parent (“Huckleberry”), HB-PS Holding Company, Inc., a Delaware corporation and a wholly owned subsidiary of Huckleberry (“Hampton”) and Hamilton Beach/Proctor-Silex, Inc. (“Hampton OpCo”), a Delaware corporation and wholly owned subsidiary of Hampton. All capitalized terms used but not defined herein will have their respective meanings set forth in the Merger Agreement.

SPIN-OFF AGREEMENT
Spin-Off Agreement • June 26th, 2014 • Daniels Corporate Advisory Company, Inc. • Services-management consulting services • New York

THIS SPIN-OFF AGREEMENT (this "Agreement") is entered into as of this 22nd day of June, 2010, by and among INFE Human Resources, Inc., a Nevada corporation (the "Company" or the "Seller") and Mr. Arthur Viola, a representative for himself and for the benefit of the entire shareholder base of the Company, as of this date, all sharing proportionally in the equity created herewith as a result of this transaction (the "Buyer"), each a "Party" and collectively the "Parties", upon the following premises:

SPIN-OFF AGREEMENT
Spin-Off Agreement • December 2nd, 2010 • MEDCAREERS GROUP, Inc. • Services-business services, nec • Nevada

THIS SPIN-OFF AGREEMENT (this “Agreement”) is entered into as of this 30th day of November 2010, by and among Medcareers Group, Inc., formerly RX Scripted, Inc., a Nevada corporation (the “Company” or the “Seller”) and MaryAnne McAdams, an individual (the “Buyer”), each a “Party” and collectively the “Parties”, upon the following premises:

Can-Fite Signed an Agreement to Spin off its
Spin-Off Agreement • June 6th, 2011

According to the agreement, Can-Fite shall grant a sublicense for the CF101 clinical development in the ophthalmology field to an Israeli subsidiary fully owned by Denali Concrete Management Inc. (“Denali”). Upon conclusion of the transaction, Can-Fite will become the main shareholder of Denali. Concurrently with the aforesaid transactions, and as a condition for closing, an investment will be made in Denali of not less than US$5 Million. Denali will continue the clinical development of CF101 for the ophthalmic indications including Dry Eye Syndrome, Glaucoma and Uveitis.

SPIN-OFF AGREEMENT
Spin-Off Agreement • February 9th, 2011 • Daniels Corporate Advisory Company, Inc. • Services-management consulting services • New York

THIS SPIN-OFF AGREEMENT (this "Agreement") is entered into as of this 22nd day of June, 2010, by and among INFE Human Resources, Inc., a Nevada corporation (the "Company" or the "Seller") and Mr. Arthur Viola, a representative for himself and for the benefit of the entire shareholder base of the Company, as of this date, all sharing proportionally in the equity created herewith as a result of this transaction (the "Buyer"), each a "Party" and collectively the "Parties", upon the following premises:

EX-2.1 2 l25949aexv2w1.htm EX-2.1 SPIN-OFF AGREEMENT
Spin-Off Agreement • May 5th, 2020 • Delaware

Exhibit 2.1 AMENDED AND RESTATED SPIN-OFF AGREEMENT This AMENDED AND RESTATED SPIN-OFF AGREEMENT (this “Agreement”), is dated as of April 25, 2007, by and among NACCO Industries, Inc., a Delaware corporation (“Parent”), Housewares Holding Company, a Delaware corporation and a wholly owned subsidiary of Parent (“Housewares”), Hamilton Beach, Inc., a Delaware corporation and a wholly owned subsidiary of Housewares (“Hamilton Beach”), and Hamilton Beach/Proctor-Silex, Inc. (“HB/PS”), a Delaware corporation and wholly owned subsidiary of Hamilton Beach. RECITALS A. On July 23, 2006, the parties hereto entered into that certain Spin-Off Agreement, which each of the parties hereby desires to amend and restate as set forth herein. B. In accordance with the terms hereof, Housewares will make a pro rata distribution to Parent of all of the outstanding shares of capital stock of Hamilton Beach and, immediately thereafter, Parent will make a pro rata distribution to Parent stockholders of all of

SPIN-OFF AGREEMENT
Spin-Off Agreement • December 10th, 2020 • Gushen, Inc • Services-help supply services • Nevada

This SPIN-OFF AGREEMENT, dated as of December 9, 2020 (this “Agreement”), is entered into by and among Gushen Inc., (“Seller”), Gushen Holding Limited, a Seychelles corporation (“Spin-Off Subsidiary”), and Custodian Ventures LLC, a Wyoming limited liability company (“Buyer”).

SPIN-OFF AGREEMENT
Spin-Off Agreement • November 20th, 2014 • Gold Torrent, Inc. • Communications services, nec • Nevada

THIS SPIN-OFF AGREEMENT (this “Agreement”) is entered into as of this 18 day of November, 2014, by and among Gold Torrent, Inc., a Nevada corporation (the “Company” or “Seller”) and David Strebinger, an individual (“Buyer”), each a “Party” and collectively the “Parties”, upon the following premises:

SPIN-OFF AGREEMENT
Spin-Off Agreement • October 18th, 2016 • Steampunk Wizards, Inc. • Crude petroleum & natural gas • New York

This SPIN-OFF AGREEMENT, dated as of October 13, 2016 (this “Agreement”), is entered into by and among Steampunk Wizards Inc., a Nevada corporation (the “Seller”), Steampunk Wizards, Ltd., a corporation organized under the laws of Malta (“Spin-Off Subsidiary”), Praefidi Holdings Limited, an entity organized under the laws of Malta (“Buyer”), and Brendon Grunewald, an individual having an address in Belgium as set forth in Section 7.2(b) below (“Grunewald”).

SPINOFF AGREEMENT
Spin-Off Agreement • March 30th, 2011 • Eclips Media Technologies, Inc. • Power, distribution & specialty transformers • New York

THIS SPINOFF AGREEMENT (this “Agreement”), dated as of December 7, 2010, is made by and between Eclips Media Technologies, Inc., a Delaware corporation (“Company”), SD Acquisition Corp., a New York corporation (“SD”), Brand Interaction Group, LLC (“Brand”), a New Jersey limited liability company, Eric Simon (“Simon”) and each of the individuals listed under the heading “Lenders” on Exhibit A annexed hereto (“collectively, “Lenders”).

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SPIN-OFF AGREEMENT
Spin-Off Agreement • July 28th, 2021 • CannAssist International Corp • Medicinal chemicals & botanical products

THIS SPIN-OFF AGREEMENT (this “Agreement") is executed as of July 23, 2021, by the undersigned Seller ("Seller"), and undersigned Purchaser ("Purchaser") wherein 100% of the membership units of Xceptor LLC, a wholly owned subsidiary of the Seller (“Xceptor"), are being sold pursuant to the terms and conditions set forth below:

SPIN-OFF AGREEMENT
Spin-Off Agreement • February 12th, 2008 • American Nano Silicon Technologies, Inc. • Plastic materials, synth resins & nonvulcan elastomers • California

THIS SPIN-OFF AGREEMENT (the "Agreement"), is entered into as of the 8th day of January 2008 (the “Effective Date”), by and between Steven Crane, an adult individual residing in County of Los Angeles, State of California and Gregg Davis, an adult individual residing in the County of Los Angeles, State of California (individually, each is a “Purchaser” and collectively the “Purchasers”), South Bay Financial Solutions, Inc., a Nevada corporation (“SBFS”), a Nevada corporation (“SBFS”), and a wholly-owned subsidiary of the Seller and American Nano Silicon Technology, Inc., a corporation organized and validly existing under the laws of the State of California (the "Seller").

Contract
Spin-Off Agreement • February 10th, 2014 • Koffee Korner Inc. • Retail-eating & drinking places • New York

SPIN-OFF AGREEMENT, dated as of February 7, 2014 (this “Agreement”), KOFFEE KORNER, INC., a Delaware corporation (the “Company” or the “Seller”) and NAZNEEN D’SILVA (the “Buyer”).

SPIN-OFF AGREEMENT
Spin-Off Agreement • December 19th, 2018 • MEDCAREERS GROUP, Inc. • Services-business services, nec • Nevada

This SPIN-OFF AGREEMENT, dated as of this 12th day of December 2018, (this “Agreement”), is entered into by and among MedCareers Group, Inc., a Nevada corporation (the “Seller”), and Nurses Lounge Holdings, Inc., a Florida corporation listed under Schedule 1, attached hereto, (the “Buyer”).

SPIN-OFF AGREEMENT
Spin-Off Agreement • March 28th, 2018 • Gratitude Health, Inc. • Perfumes, cosmetics & other toilet preparations • Nevada

This SPIN-OFF AGREEMENT, dated as of March 23, 2018, (this “Agreement”), is entered into by and among Gratitude Health, Inc., a Nevada corporation (the “Seller”), and Hamid Emarlou, a shareholder of the Seller (the “Buyer”).

Contract
Spin-Off Agreement • March 4th, 2015 • Bionik Laboratories Corp. • Services-offices & clinics of doctors of medicine • New York

SPIN-OFF AGREEMENT, dated as of February 26, 2015 (this “Agreement”), by and among BIONIK LABORATORIES LTD. (f/k/a Drywave Technologies, Inc.), a Delaware corporation (the “Company” or the “Seller”), and BRIAN E. RAY and JON LUNDGREEN (each a “Buyer” and collectively, the “Buyers”).

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