Attached files

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8-K/A - AMENDED CURRENT REPORT - CODESMART HOLDINGS, INC.f8k050313a2_codesmart.htm
EX-4.1 - FORM OF THE BRIDGE NOTES PURSUANT TO A SUBSCRIPTION AGREEMENT - CODESMART HOLDINGS, INC.f8k050313a2ex4i_codesmart.htm
EX-10.1 - FORM OF SHARE EXCHANGE AGREEMENT - CODESMART HOLDINGS, INC.f8k050313a2ex10i_codesmart.htm
EX-10.2 - FORM OF SUBSCRIPTION AGREEMENT - CODESMART HOLDINGS, INC.f8k050313a2ex10ii_codesmart.htm
EX-10.6 - FORM OF EMPLOYMENT AGREEMENT - CODESMART HOLDINGS, INC.f8k050313a2ex10vi_codesmart.htm
EX-10.3 - FORM OF SECURITIES PURCHASE AGREEMENT - CODESMART HOLDINGS, INC.f8k050313a2ex10iii_codesmart.htm
EX-10.7 - LICENSE AND SUPPLY AGREEMENT - CODESMART HOLDINGS, INC.f8k050313a2ex10vii_codesmart.htm
Exhibit 10.13
 
May 17, 2013
 

 
Via Email
The CodeSmart Group, Inc.
and
CodeSmart Shareholders
103 Waters Edge
Congers, NY 10920
Email: ishapiro@codesmartgroup.com

RE: Share Exchange Agreement

Ladies and Gentlemen:

Reference is made to that certain Share Exchange Agreement (the “Share Exchange Agreement”), dated May 3, 2013, among First Independence Corp., a Florida corporation (the “Company”), The CodeSmart Group, Inc., a Nevada corporation (“CodeSmart”) and the shareholders of an aggregate of 68.06% of the total outstanding equity interests of CodeSmart (“CodeSmart Shareholders”). Capitalized terms not defined herein shall have the meanings ascribed to them in the Share Exchange Agreement.

Pursuant to Section 9.13 of the Share Exchange Agreement, the Company is hereby seeking your consent to the following proposed amendment to the Share Exchange Agreement:

(i) Section 6.8 of the Share Exchange Agreement shall be deleted in entirety and replaced with the following:

Forward Split.  As soon as practicable after the Closing, FICF shall effectuate a 2-for-1 forward split of FICF Common Stock. The number of shares of FICF to be issued to CodeSmart Shareholders after taken into effect the Forward Split shall be as set forth on Schedule I hereto.”

(ii) The Share Exchange Agreement with the exhibits and schedules thereto shall be amended so that all references to the ratio of the Forward Split shall be “2-for-1.”

Except as amended hereby, the Share Exchange Agreement shall remain in full force and effect. By signing below, you hereby agree to waive any and all of default on the part of the Company under the Share Exchange Agreement by effectuating the Forward Split at the “2-for-1” ratio.

Please indicate your agreement with all of the foregoing by signing in the appropriate place below and returning to the undersigned one copy of this letter.

 
1

 
 
  Very truly yours,

FIRST INDEPENDENCE CORP.
 
/s/ Ira Shapiro                              
Ira Shapiro
Chief Executive Officer
   
TERMS AGREED TO:

THE CODESMART GROUP, INC.
 
/s/ Ira Shapiro                                   
Ira Shapiro
CEO
 
   
   
CODESMART SHAREHOLDERS
 
/s/ Ira Shapiro                                
Ira Shapiro
 
   
 
 
2

 
 
  Very truly yours,

FIRST INDEPENDENCE CORP.
 
/s/ Ira Shapiro                              
Ira Shapiro
Chief Executive Officer
   
TERMS AGREED TO:

THE CODESMART GROUP, INC.
 
/s/ Ira Shapiro                                   
Ira Shapiro
CEO
 
   
   
CODESMART SHAREHOLDERS
 
/s/ Sharon Franey                                   
Sharon Franey
 
   
 
 
3

 
 
  Very truly yours,

FIRST INDEPENDENCE CORP.
 
/s/ Ira Shapiro                              
Ira Shapiro
Chief Executive Officer
   
TERMS AGREED TO:

THE CODESMART GROUP, INC.
 
/s/ Ira Shapiro                                   
Ira Shapiro
CEO
 
   
   
CODESMART SHAREHOLDERS
 
/s/ Ruth Patterson                              
Ruth Patterson
 
   
 
 
4

 
 
  Very truly yours,

FIRST INDEPENDENCE CORP.
 
/s/ Ira Shapiro                              
Ira Shapiro
Chief Executive Officer
   
TERMS AGREED TO:

THE CODESMART GROUP, INC.
 
/s/ Ira Shapiro                                   
Ira Shapiro
CEO
 
   
   
CODESMART SHAREHOLDERS
 
/s/ Alan Pressman                               
Alan Pressman
 
   
 
 
5

 
 
  Very truly yours,

FIRST INDEPENDENCE CORP.
 
/s/ Ira Shapiro                              
Ira Shapiro
Chief Executive Officer
   
TERMS AGREED TO:

THE CODESMART GROUP, INC.
 
/s/ Ira Shapiro                                   
Ira Shapiro
CEO
 
   
   
CODESMART SHAREHOLDERS
 
/s/ Alan Matzkin                             
Alan Matzkin
 
   
 
 
6

 
 
  Very truly yours,

FIRST INDEPENDENCE CORP.
 
/s/ Ira Shapiro                              
Ira Shapiro
Chief Executive Officer
   
TERMS AGREED TO:

THE CODESMART GROUP, INC.
 
/s/ Ira Shapiro                                   
Ira Shapiro
CEO
 
   
   
CODESMART SHAREHOLDERS
 
/s/ Judith Monestime                     
Judith Monestime
 
   
 
 
7

 
 
  Very truly yours,

FIRST INDEPENDENCE CORP.
 
/s/ Ira Shapiro                              
Ira Shapiro
Chief Executive Officer
   
TERMS AGREED TO:

THE CODESMART GROUP, INC.
 
/s/ Ira Shapiro                                   
Ira Shapiro
CEO
 
   
   
CODESMART SHAREHOLDERS
 
/s/ Peter Okun                                     
Peter Okun
 
   
 
 
8

 
 
  Very truly yours,

FIRST INDEPENDENCE CORP.
 
/s/ Ira Shapiro                              
Ira Shapiro
Chief Executive Officer
   
TERMS AGREED TO:

THE CODESMART GROUP, INC.
 
/s/ Ira Shapiro                                   
Ira Shapiro
CEO
 
   
   
CODESMART SHAREHOLDERS
 
/s/ Lida Rawlins                                  
Lisa Rawlins
 
   
 
 
9

 
 
  Very truly yours,

FIRST INDEPENDENCE CORP.
 
/s/ Ira Shapiro                              
Ira Shapiro
Chief Executive Officer
   
TERMS AGREED TO:

THE CODESMART GROUP, INC.
 
/s/ Ira Shapiro                                   
Ira Shapiro
CEO
 
   
   
CODESMART SHAREHOLDERS
 
Brio Financial Group

By: /s/ David Briones                      
Name: David Briones    
Title:  Managing Member
 
   
 
 
10

 
 
  Very truly yours,

FIRST INDEPENDENCE CORP.
 
/s/ Ira Shapiro                              
Ira Shapiro
Chief Executive Officer
   
TERMS AGREED TO:

THE CODESMART GROUP, INC.
 
/s/ Ira Shapiro                                   
Ira Shapiro
CEO
 
   
   
CODESMART SHAREHOLDERS
 
Lucosky Brookman LLP

By: /s/ Joseph Lucosky                    
Name: Joseph Lucosky
Title: Partner
 
   
 
 
11

 
 
  Very truly yours,

FIRST INDEPENDENCE CORP.
 
/s/ Ira Shapiro                              
Ira Shapiro
Chief Executive Officer
   
TERMS AGREED TO:

THE CODESMART GROUP, INC.
 
/s/ Ira Shapiro                                   
Ira Shapiro
CEO
 
   
   
CODESMART SHAREHOLDERS
 
/s/ John Geraghty                       
John Geraghty
 
   
 
 
12

 
 
  Very truly yours,

FIRST INDEPENDENCE CORP.
 
/s/ Ira Shapiro                              
Ira Shapiro
Chief Executive Officer
   
TERMS AGREED TO:

THE CODESMART GROUP, INC.
 
/s/ Ira Shapiro                                   
Ira Shapiro
CEO
 
   
   
CODESMART SHAREHOLDERS
 
/s/ Babara Cohen                             
Babara Cohen
 
   
 
13