SECURITY AGREEMENTSecurity Agreement • November 6th, 2018 • CLS Holdings USA, Inc. • Retail-miscellaneous retail • Florida
THIS SECURITY AGREEMENT (this “Agreement”), dated as of October 31, 2018, is made by IN GOOD HEALTH, INC., a Massachusetts not for profit corporation (the “Borrower”), with an address at 1200 West Chestnut Street, Brockton, MA 02301, in favor of CLS HOLDINGS USA, INC., a Nevada corporation (the “Lender”), with an address at 11767 S. Dixie Highway, Suite 115, Miami, FL 33156.
LOAN AGREEMENTLoan Agreement • November 6th, 2018 • CLS Holdings USA, Inc. • Retail-miscellaneous retail • Massachusetts
THIS LOAN AGREEMENT (the “Agreement”), is entered into as of October 31, 2018, between IN GOOD HEALTH, INC., a Massachusetts not for profit corporation (the “Borrower”), with an address at 1200 West Chestnut Street, Brockton, MA 02301, and CLS HOLDINGS USA, INC., a Nevada corporation (the “Lender”), with an address at 11767 S. Dixie Highway, Suite 115, Miami, FL 33156.
OPTION AGREEMENTOption Agreement • November 6th, 2018 • CLS Holdings USA, Inc. • Retail-miscellaneous retail • Massachusetts
This OPTION AGREEMENT (this “Agreement”), is entered into as of October 31, 2018 (the “Effective Date”), among CLS Massachusetts, Inc., a Massachusetts corporation (“Optionee”), CLS Holdings USA, Inc., a Nevada corporation (“CLS Holdings”), and In Good Health, Inc., a Massachusetts not-for-profit corporation (the “Company”). Company, CLS Holdings and Optionee are referred to herein individually as a “Party” and collectively as the “Parties.”
SUBSCRIPTION AGREEMENTSubscription Agreement • November 6th, 2018 • CLS Holdings USA, Inc. • Retail-miscellaneous retail • Nevada
discretion, pay any PIK Amount in cash on any Interest Payment Date without any premium or penalty. All cash payments by the Companies of any PIK Amount that has been added to the principal amount of this Debenture shall be deducted from the Principal Amount.
