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IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN ...

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Case 1:12-cv-00558-LY Document 1 Filed 06/27/12 Page 11 of 1446. Further, Defendants’ Repudiation Letter constitutes an anticipatory breach of theELA, and an unqualified repudiation of the entire ELA prior to the time of performance.47. As a direct result of the foregoing conduct and breaches by Defendants, SharkEyehas been damaged, and will continue to be damaged, in an amount not presently known.Second Cause of Action: Promissory Estoppel48. SharkEye repeats and re-alleges the allegations in Paragraphs 1 through 47 asthough fully set forth herein.49. As set forth above, Defendants made certain promises and commitments,including without limitation, that it had the experience and would devote the resources necessaryto launch over 30 models in 80 countries within 90 days and design, engineer, manufacture,market, and sell millions of SharkEye cases globally.50. Defendants knew, or should have reasonably expected that SharkEye would relyon those promises and commitments.51. In entering into the ELA, SharkEye reasonably relied on Defendants’ promisesand commitments to its detriment, changing its entire business model to support the efforts ofDefendants, its exclusive licensees, and foregoing the valuable right to manufacture or sell theSharkEye cases itself or with other partners.52. As a direct result, SharkEye has been injured and injustice can only be avoided byenforcing Defendants’ promises.Third Cause of Action: Fraudulent Inducement53. SharkEye repeats and re-alleges the allegations in Paragraphs 1 through 52 asthough fully set forth herein.PLA<strong>IN</strong>TIFF SHARKEYE, LLC’S ORIG<strong>IN</strong>AL COMPLA<strong>IN</strong>TAND JURY DEMAND PAGE 11

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