GOOD GAMING, INC. : Conclusion of a material definitive agreement, financial statements and supporting documents (form 8-K)
Item 1.01 Conclusion of a Material Agreement.
Employee service agreement with
(“ViaOne”) in effect from
The foregoing description of the terms of the service agreement is not complete and is qualified in its entirety by reference to the full text of the service agreement, which is filed as Exhibit 10.1 of this current report on the form 8-K and incorporated by reference herein. . Unless otherwise indicated in this current report, capitalized terms have the meanings defined in the service contract.
Renewable convertible promissory note with
The revolving note (and any unpaid interest or damages amount) may be converted into common stock at a conversion price of eighty-five percent (85%) of the VWAP for the five (5) trading days prior to immediately on the date of the conversion notice. The revolving note contains customary events of default including, but not limited to, the failure by the holder to make payment of principal or interest when due. Following an event of default, ViaOne is entitled to accelerate the entire debt under the Revolving Note. The restrictions are also subject to certain additional restrictions and exclusions, as outlined in the Renewable Note.
The foregoing description of the terms of the revolving note is not complete and is qualified in its entirety by reference to the full text of the revolving note, which is filed as Exhibit 10.2 of this current report on Form 8-K and incorporated by reference. herein. . Unless otherwise indicated in this Current Report, capitalized terms have the meanings defined in the Revolving Note.
Article 9.01. Financial statements and supporting documents.
(d) Exhibits. Exhibit Number Description 10.1 Employment Services Agreement with
ViaOne Services, LLC10.2 Revolving Convertible Promissory Note with ViaOne Services, LLC 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
© Edgar online, source