Common Contracts

CRL Team 12, Inc. / The Crown League, LLC SHARE ACQUISITION LOAN

Security Agreement • March 13th, 2019 • CRL Team 12, Inc. • Services-amusement & recreation services • Utah

• Contract Type
  Security Agreement
• Filed
  March 13th, 2019
• Company
  CRL Team 12, Inc.
• Industry
  Services-amusement & recreation services
• Jurisdiction
  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 CRL Team 12, 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”).

Seattle Emerald Haze, Inc. / The Crown League, LLC SHARE ACQUISITION LOAN

Security Agreement • March 13th, 2019 • Seattle Emerald Haze, Inc. • Utah

• Contract Type
  Security Agreement
• Filed
  March 13th, 2019
• Company
  Seattle Emerald Haze, Inc.
• Jurisdiction
  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 Seattle Emerald Haze, 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”).

Sin City Bad Babies, Inc. / The Crown League, LLC SHARE ACQUISITION LOAN

Security Agreement • March 11th, 2019 • Sin City Bad Babies, Inc. • Utah

• Contract Type
  Security Agreement
• Filed
  March 11th, 2019
• Company
  Sin City Bad Babies, Inc.
• Jurisdiction
  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 Sin City Bad Babies, 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

Security Agreement • March 11th, 2019 • Texas Holy Smokers, Inc. • Utah

• Contract Type
  Security Agreement
• Filed
  March 11th, 2019
• Company
  Texas Holy Smokers, Inc.
• Jurisdiction
  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”).

Los Angeles Drive, Inc. / The Crown League, LLC SHARE ACQUISITION LOAN

Security Agreement • March 11th, 2019 • Los Angeles Drive, Inc. • Utah

• Contract Type
  Security Agreement
• Filed
  March 11th, 2019
• Company
  Los Angeles Drive, Inc.
• Jurisdiction
  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 Los Angeles Drive, 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”).

New England Cape Gods, Inc. / The Crown League, LLC SHARE ACQUISITION LOAN

Security Agreement • March 7th, 2019 • New England Cape Gods, Inc. • Utah

• Contract Type
  Security Agreement
• Filed
  March 7th, 2019
• Company
  New England Cape Gods, Inc.
• Jurisdiction
  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 New England Cape Gods, 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”).

Denver Moguls, Inc. / The Crown League, LLC SHARE ACQUISITION LOAN

Security Agreement • March 7th, 2019 • Denver Moguls, Inc. • Utah

• Contract Type
  Security Agreement
• Filed
  March 7th, 2019
• Company
  Denver Moguls, Inc.
• Jurisdiction
  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 Denver Moguls, 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”).

Philadelphia Powderkegs, Inc. / The Crown League, LLC SHARE ACQUISITION LOAN

Security Agreement • March 7th, 2019 • Philadelphia Powderkegs, Inc. • Utah

• Contract Type
  Security Agreement
• Filed
  March 7th, 2019
• Company
  Philadelphia Powderkegs, Inc.
• Jurisdiction
  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 Philadelphia Powderkegs, 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”).

Florida Mangos Wild, Inc. / The Crown League, LLC SHARE ACQUISITION LOAN

Security Agreement • March 7th, 2019 • Florida Mangos Wild, Inc. • Utah

• Contract Type
  Security Agreement
• Filed
  March 7th, 2019
• Company
  Florida Mangos Wild, Inc.
• Jurisdiction
  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 Florida Mangos Wild, 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”).

Chicago Hogmollies, Inc. / The Crown League, LLC SHARE ACQUISITION LOAN

Security Agreement • March 5th, 2019 • Chicago Hogmollies, Inc. • Utah

• Contract Type
  Security Agreement
• Filed
  March 5th, 2019
• Company
  Chicago Hogmollies, Inc.
• Jurisdiction
  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 Chicago Hogmollies, 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”).

Atlanta Hot Wings, Inc. / The Crown League, LLC SHARE ACQUISITION LOAN

Security Agreement • March 5th, 2019 • Atlanta Hot Wings, Inc. • Utah

• Contract Type
  Security Agreement
• Filed
  March 5th, 2019
• Company
  Atlanta Hot Wings, Inc.
• Jurisdiction
  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 Atlanta Hot Wings, 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”).

New York Bodega Cats, Inc. / The Crown League, LLC SHARE ACQUISITION LOAN

Security Agreement • March 1st, 2019 • New York Bodega Cats, Inc. • Utah

• Contract Type
  Security Agreement
• Filed
  March 1st, 2019
• Company
  New York Bodega Cats, Inc.
• Jurisdiction
  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 New York Bodega Cats, 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”).