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EX-10 - TERMINATION OF CONSULTING AGREEMENT 04-26-2021 - TRYON CAPITAL LLC - EZRaider Co.ex_10-1.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): April 26, 2021

 

E-WASTE CORP.

(Exact name of registrant as specified in its charter)

 

Florida
(State or other
jurisdiction of incorporation)

 

333-180251
(Commission
File Number)

 

45-4390042
(I.R.S. Employer
Identification No.)

 

610 Jones Ferry Road, Suite 207
Carrboro, NC
(Address of principal executive offices)

 

27510
(Zip Code)

 

Registrant’s telephone number, including area code: (919) 933-2720

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

None

N/A

N/A

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company          ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 



Section 1 - Registrant’s Business and Operations

 

Item 1.02

Termination of a Material Definitive Material Agreement.

 

On April 26, 2021, E-Waste Corp., a Florida corporation (the “Company”), and Tryon Capital, LLC, a North Carolina limited liability company (“Tryon”), executed a Termination of Consulting Agreement (the “Termination of Consulting Agreement”), pursuant to which they mutually agreed to terminate the Consulting Agreement, dated as October 1, 2020, between the parties (the “Consulting Agreement”), such termination to be effective immediately.

 

In light of the recent negative press regarding the Company and the principals of Tryon, the parties determined that it was in the best interests of the Company and its shareholders to terminate the Consulting Agreement at this time. The parties believe that such termination will reduce distractions and enable the Company to move forward with its planned acquisition strategy.

 

The foregoing description of the Termination of Consulting Agreement is qualified in its entirety by reference to the full text of such agreement, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein in its entirety by reference.

 

Item 9.01

Financial Statements and Exhibits.

 

(d)        Exhibits

 

 

Exhibit Number

 

Exhibit

 

 

 

10.1

 

Termination of Consulting Agreement, dated as of April 26, 2021, by and between E-Waste Corp. and Tryon Capital, LLC

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Date: April 26, 2021

 

 

 

 

 

 

 

By:

/s/ John D. Rollo

 

 

Name:

John D. Rollo

 

 

Title:

President

 

 

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