EMPLOYMENT AGREEMENTEmployment Agreement • August 29th, 2011 • General Cannabis, Inc. • Services-management services • California
This Employment Agreement is entered this 1st day of August, 2011, by and between General Cannabis, Inc., a Nevada corporation (the “Employer”), and Douglas Francis, hereinafter referred to as “Employee,” in consideration of the mutual promises made herein, agree as follows:
FIRST AMENDMENT TO AGREEMENT AND PLAN OF REORGANIZATION AND MERGERAgreement and Plan of Reorganization and Merger • August 29th, 2011 • General Cannabis, Inc. • Services-management services
This FIRST AMENDMENT TO AGREEMENT AND PLAN OF REORGANIZATION AND MERGER (this “Amendment”) is entered into effective as of November 19, 2010, by and among Justin Hartfield, an individual (“Hartfield”), and Keith Hoerling, an individual (“Hoerling” and, together with Hartfield, each a “WeedMaps Member” and collectively the “WeedMaps Members”), on the one hand, and General Cannabis, Inc., Nevada corporation (formerly known as LC Luxuries Limited, a Nevada corporation) (“General Cannabis”), and WeedMaps Media, Inc., a Nevada corporation (formerly known as LC Merger Corp., a Nevada corporation) (“WeedMaps Media”) and a wholly owned subsidiary of General Cannabis, on the other hand. Each of the WeedMaps Members, General Cannabis, and WeedMaps Media shall be referred to herein as a “Party” and collectively as the “Parties.”
TERMINATION OF CONSULTING AGREEMENTTermination of Consulting Agreement • August 29th, 2011 • General Cannabis, Inc. • Services-management services
Effective as of April 1, 2011, upon execution of the Employment Agreement dated August 1, 2011 by and between General Cannabis, Inc., a Nevada corporation and Douglas Francis, that certain Consulting Agreement dated as of November 19, 2010, as amended on February 22, 2011, is terminated. Neither party will have any further obligations thereunder.
