Subsidiary Formation and Funding Agreement Sample Contracts

SUBSIDIARY FORMATION AND FUNDING AGREEMENT

Subsidiary Formation and Funding Agreement • January 13th, 2021 • Monaker Group, Inc. • Transportation services • Florida

• Contract Type
  Subsidiary Formation and Funding Agreement
• Filed
  January 13th, 2021
• Company
  Monaker Group, Inc.
• Industry
  Transportation services
• Jurisdiction
  Florida

This Subsidiary Formation and Funding Agreement (this “Agreement”), dated and effective January 12, 2021 (the “Effective Date”), is entered into by and between Monaker Group, Inc., a Nevada corporation (“Monaker”), NextTrip Group, LLC, a Florida limited liability company (“NextTrip Group”), HotPlay Enterprise Limited, a British Virgin Islands company (“HotPlay”), Red Anchor Trading Corporation, a British Virgin Islands corporation and the principal stockholder of HotPlay (the “Principal Stockholder”) and T&B Media Global (Thailand) Company Limited, Tree Roots Entertainment Group Co., Ltd. and Dees Supreme Company Limited, the minority stockholders of HotPlay (collectively, the “Minority Stockholders,” and together with the Principal Stockholder, the “HotPlay Stockholders”).