0001078782-21-000593 Sample Contracts

REVOLVING PROMISSORY NOTE AGREEMENT OUTDOOR SPECIALTY PRODUCTS, INC. (Line of Credit Loan)
Revolving Promissory Note Agreement • June 24th, 2021 • Outdoor Specialty Products, Inc. • Utah

FOR VALUE RECEIVED, intending to be legally bound hereby, Outdoor Specialty Products, Inc., a Utah corporation having an address of 3842 Quail Hollow Drive, Salt Lake City, Utah 84109 (“Borrower”), hereby promises to pay to the order of Kirk Blosch, an individual, or his successors and assigns (referred to herein as the “Noteholder”) at 3842 Quail Hollow Drive, Salt Lake City, Utah 84109, the principal sum of FORTY THOUSAND AND NO/100 DOLLARS (US$40,000.00), or so much of that sum as may be advanced by the Noteholder under this Promissory Note from time to time and not repaid (the “Principal Indebtedness”), plus interest as computed below.

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LICENSE AND ROYALTY AGREEMENT
License Agreement • June 24th, 2021 • Outdoor Specialty Products, Inc. • Utah

THIS LICENSE AND ROYALTY AGREEMENT (this “Agreement”) is entered into effective as of May 4, 2021, by and between Steve Smith, an individual (“Licensor”), and Outdoor Specialty Products Inc., a Nevada corporation (“Licensee”), on the following

PLAN AND AGREEMENT OF MERGER OF OUTDOOR SPECIALTY PRODUCTS, INC. (A UTAH CORPORATION) INTO OUTDOOR SPECIALTY PRODUCTS, INC. (A NEVADA CORPORATION)
Merger Agreement • June 24th, 2021 • Outdoor Specialty Products, Inc.

Plan and Agreement of Merger (hereinafter called “Merger Agreement”) dated this 24th day of February 2021, by and between Outdoor Specialty Products, Inc., a corporation organized and existing under the laws of the state of Utah (hereinafter sometimes referred to as “OSPI (UT)”) and Outdoor Specialty Products, Inc., a corporation organized and existing under the laws of the state of Nevada (hereinafter sometimes referred to as “OSPI (NV)”). These two parties are herein sometimes referred to collectively as the “merging corporations.”

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