SECURED CREDIT FACILITYSecurities Pledge Agreement • July 18th, 2014 • Growlife, Inc. • Glass products, made of purchased glass • Nevada
THIS SECURED CREDIT FACILITY AGREEMENT, made and entered as of the 25th day of June 2014 (this “Agreement” or “Credit Facility”), between GrowLife, Inc., a Delaware corporation (“GrowLife”), and its subsidiaries including, Phototron, Inc., a California corporation, SG Technologies Corp, a Nevada corporation, GrowLife Hydroponics, Inc., a Delaware corporation, Soja, Inc., a California corporation, Rocky Mountain Hydroponics, LLC, a Colorado limited liability company, EverGreen Garden Center, LLC, a Delaware limited liability company, GrowLife Productions, Inc., a California corporation, Business Bloom, Inc., a California corporation and any other entity owned and controlled by GrowLife or any of its subsidiaries or affiliates, currently or in the future (collectively, “Subsidiaries”), (GrowLife and its Subsidiaries, collectively, the “Borrower”), and Logic Works, LLC, a Nevada limited liability company (the “Lender”).
AMENDED AND RESTATED JOINT VENTURE AGREEMENTJoint Venture Agreement • July 18th, 2014 • Growlife, Inc. • Glass products, made of purchased glass • Nevada
THIS AMENDED AND RESTATED JOINT VENTURE AGREEMENT (this “Agreement”) dated and made effective as of July 1, 2014 (“Effective Date”) is made and entered into, by and between GrowLife, Inc. (“GrowLife”), a Delaware corporation, and CANX USA LLC, a Nevada limited liability company, and its affiliates, designees and assignees (“CANX”). GrowLife and CANX shall be severally referred to as a “Party” and collectively referred to herein as the “Parties.”
WAIVER AND MODIFICATION AGREEMENTWaiver and Modification Agreement • July 18th, 2014 • Growlife, Inc. • Glass products, made of purchased glass • Nevada
THIS WAIVER AND MODIFICATION AGREEMENT (“Agreement”) dated June 25, 2013 (“Effective Date”) is entered into by and between Logic Works LLC, a Nevada limited liability company (“Lender” and “Holder”) and GrowLife, Inc., Delaware corporation (“Borrower” and “Company”). Unless otherwise defined herein, capitalized terms shall have the meaning given to them in a 7% Convertible Note (“Note”) between Lender and Borrower, in the original principal amount of Five Hundred Thousand Dollars ($500,000), dated December 20, 2013.
SETTLEMENT AGREEMENT AND WAIVER OF DEFAULTSettlement Agreement and Waiver of Default • July 18th, 2014 • Growlife, Inc. • Glass products, made of purchased glass
This SETTLEMENT AGREEMENT AND WAIVER OF DEFAULT (the “Waiver”), is entered into on June 19, 2014 by and between GrowLife, Inc. (“GrowLife”), a Delaware corporation, and Forglen LLC (the “Noteholder”). GrowLife and the Noteholder shall be collectively referred to herein as the “Parties.”
