TRANSFER, NOTE ASSIGNMENT AND RELEASE AGREEMENTTransfer, Note Assignment and Release Agreement • December 5th, 2013 • Solar Energy Initiatives, Inc. • Semiconductors & related devices • California
Contract Type FiledDecember 5th, 2013 Company Industry JurisdictionThis Transfer, Note Assignment and Release Agreement is made and entered into as of this 19th day of June, 2013, between and among Peter Marovic, Steve Marovic, and the Marovic Family Trust (collectively the “Landlord”); Martinez & Cayanan, LLC, a California limited liability company (the “Operator”); Miguel Angel Martinez Garcia and George Albert Martinez, all individual residents of California (collectively the “Members”); and Solar Energy Initiatives, Inc., a publicly traded Delaware corporation with its principal offices located in Florida (“SNRY”); all of whom are sometimes herein referred to collectively as the “Parties”).