Texas Holy Smokers, Inc. Sample Contracts

SUBSCRIPTION AGREEMENT
Subscription Agreement • March 11th, 2019 • Texas Holy Smokers, Inc. • Utah

THIS INVESTMENT INVOLVES A HIGH DEGREE OF RISK. THIS INVESTMENT IS SUITABLE ONLY FOR PERSONS WHO CAN BEAR THE ECONOMIC RISK FOR AN INDEFINITE PERIOD OF TIME AND WHO CAN AFFORD TO LOSE THEIR ENTIRE INVESTMENT. FURTHERMORE, INVESTORS MUST UNDERSTAND THAT SUCH INVESTMENT IS ILLIQUID AND IS EXPECTED TO CONTINUE TO BE ILLIQUID FOR AN INDEFINITE PERIOD OF TIME. NO PUBLIC MARKET EXISTS FOR THE SECURITIES, AND NO PUBLIC MARKET IS EXPECTED TO DEVELOP FOLLOWING THIS OFFERING.

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SUBSCRIPTION AGREEMENT
Subscription Agreement • April 22nd, 2019 • Texas Holy Smokers, Inc. • Services-amusement & recreation services • Delaware

THIS INVESTMENT INVOLVES A HIGH DEGREE OF RISK. THIS INVESTMENT IS SUITABLE ONLY FOR PERSONS WHO CAN BEAR THE ECONOMIC RISK FOR AN INDEFINITE PERIOD OF TIME AND WHO CAN AFFORD TO LOSE THEIR ENTIRE INVESTMENT. FURTHERMORE, INVESTORS MUST UNDERSTAND THAT SUCH INVESTMENT IS ILLIQUID AND IS EXPECTED TO CONTINUE TO BE ILLIQUID FOR AN INDEFINITE PERIOD OF TIME. NO PUBLIC MARKET EXISTS FOR THE SECURITIES, AND NO PUBLIC MARKET IS EXPECTED TO DEVELOP FOLLOWING THIS OFFERING.

AMENDED AND RESTATED SOLICITATION AGREEMENT
Solicitation Agreement • April 22nd, 2019 • Texas Holy Smokers, Inc. • Services-amusement & recreation services • Delaware

THIS AGREEMENT is entered into as of April 17, 2019, by and among Texas Holy Smokers, Inc. having a principal address at 450 Main Street Unit 1715, Park City, Utah 84060 (the “Company”), North Capital Private Securities Corporation (“NCPS”) regarding the solicitation by NCPS of qualified investors for debt, equity, or hybrid securities issued by the Company (the “Offering”) on the terms and subject to the conditions contained herein.

SOLICITATION AGREEMENT Private Debt, Equity, and Hybrid Securities
Solicitation Agreement • March 11th, 2019 • Texas Holy Smokers, Inc. • Delaware

THIS AGREEMENT is entered into as of _____________ by and among Texas Holy Smokers, Inc. having a principal address at 450 Main Street Unit 1715, Park City, Utah 84046 (the “Company”), North Capital Private Securities Corporation (“NCPS”) regarding the solicitation by NCPS of qualified investors for debt, equity, or hybrid securities issued by the Company pursuant to Regulation A under the Securities Act of 1933 (the “Offering”) on the terms and subject to the conditions contained herein.

Texas Holy Smokers, Inc. / The Crown League, LLC SECURITY AGREEMENT
Security Agreement • March 11th, 2019 • Texas Holy Smokers, Inc. • Utah

THIS SECURITY AGREEMENT (this “Agreement”) is made as of March ___, 2019, by and between The Crown League, LLC, a Delaware limited liability company (“Secured Party”) and Texas Holy Smokers, Inc., a Delaware corporation (“Debtor”).

Texas Holy Smokers, Inc. / The Crown League, LLC COMITMENT FOR FUTURE ADVANCES
Commitment for Future Advances • March 11th, 2019 • Texas Holy Smokers, Inc. • Utah

This COMITMENT FOR FUTURE ADVANCES (this “Agreement”) is dated as of March ___, 2019, and entered into by and between The Crown League, LLC, a Delaware limited liability company (“Borrower”) and Texas Holy Smokers, Inc., a Delaware Corporation (“Lender”). This Agreement is being entered into simultaneously with a $2,500,000 Share Acquisition Loan agreement, pursuant to which Borrower issued a note to Lender in exchange for Class A Membership Units in Borrower (the “Note”).

Texas Holy Smokers, Inc. / The Crown League, LLC SHARE ACQUISITION LOAN
Share Acquisition Loan • March 11th, 2019 • Texas Holy Smokers, Inc. • Utah

In exchange for 416,600 Class A Units (the “Class A Units”) of The Crown League, LLC, a Delaware limited liability company (the “Holder”), the Texas Holy Smokers, Inc., a Delaware corporation, (“Debtor”), promises to pay to Holder the principal sum of $2,500,000.00, plus all interest that accrues hereon (the “Note”). This Note is being entered into simultaneously with a Commitment for Future Advances between Debtor and Holder pursuant to which Debtor has agreed to advance Holder $3,200,000 on or before December 31, 2020 (the “Commitment for Future Advances”).

Texas Holy Smokers, Inc. / The Crown League, LLC SHARE ACQUISITION LOAN
Share Acquisition Loan • April 22nd, 2019 • Texas Holy Smokers, Inc. • Services-amusement & recreation services • Utah

In exchange for 416,600 Class A Units (the “Class A Units”) of The Crown League, LLC, a Delaware limited liability company (the “Holder”), the Texas Holy Smokers, Inc., a Delaware corporation, (“Debtor”), promises to pay to Holder the principal sum of $125, 000.00, plus all interest that accrues hereon (the “Note”).

ESCROW AGREEMENT FOR CONTINGENT SECURITIES OFFERING
Escrow Agreement • March 11th, 2019 • Texas Holy Smokers, Inc. • Delaware

THIS ESCROW AGREEMENT, effective as of _____________, (“Escrow Agreement”), is by, between and among North Capital Private Securities Corporation, a Delaware Corporation and a registered Broker-Dealer, member FINRA and SIPC, located at 623 E. Ft. Union Blvd, Suite 101, Salt Lake City, UT 84047 (“NCPS”) as escrow agent hereunder (“NCPS” or “Escrow Agent”); North Capital Private Securities Corporation (“Placement Agent”), a Delaware Corporation located at 623 E. Ft. Union Blvd, Suite 101, Salt Lake City, UT 84047; and ____________________________, a ________________________ (“Issuer”) located at _____________________________________________________________.

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