FRIENDABLE, INC. : Entering a Material Definitive Agreement, Financial Statements and Supporting Documentation (Form 8-K)

Section 1.01 Entering into a Material Definitive Agreement

On October 6, 2022, Amiable, Inc. (the “Company”) has entered into an agreement with the Centillion Group Inc. regarding the online and offline distribution and monetization of certain data acquired by the Company in the course of its activity. The Company shall be entitled to receive, all at once, the first payment of money, the first $100,000 of sales generated by this data sharing agreement, with a 38% revenue share of this data revenue thereafter, increasing to 40% in the second year of the agreement. The initial term of this agreement is 3 years from October 6, 2022automatically renewing in 2-year increments, unless either party terminates with at least 120 days notice prior to the end of the initial or renewal terms.

The above description of the transaction is qualified in its entirety by reference to the collaboration agreement attached as a schedule.

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Item 9.01 Financial statements and supporting documents.



Exhibit
Number   Exhibit
  10.1     Collaboration Agreement by and between Friendable Inc and  Centillion
         Group Inc.

104      Cover Page Interactive Data File (embedded within Inline XBRL document).


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