MEMBERSHIP INTEREST PURCHASE AGREEMENT by and among RED EARTH LLC (“Red Earth”) MJ HOLDINGS, INC. (the “Seller Party”) and ELEMENT NV, LLC (“Buyer”) August 28, 2019Membership Interest Purchase Agreement • September 4th, 2019 • MJ Holdings, Inc. • Services-business services, nec • Nevada
THIS MEMBERSHIP INTEREST PURCHASE AGREEMENT (this “Agreement”) is entered into as of August 28, 2019, by and among Red Earth LLC, a Nevada limited liability company (“Red Earth” or the “Target Company”), Element NV, LLC, an Ohio limited liability company (“Buyer”), and MJ Holdings, Inc., the sole member of the Target Company (the “Seller Party”). The terms defined in Exhibit A hereto, whenever used herein, has the meanings set forth on Exhibit A for all purposes of this Agreement. The definitions on Exhibit A are incorporated into this Agreement as if fully set forth at length herein and all references to a section in such Exhibit A are references to such section of this Agreement.
