SETTLEMENT & MUTUAL RELEASE OF ALL CLAIMS AGREEMENTSettlement Agreement • December 11th, 2017 • Marijuana Co of America, Inc. • Medicinal chemicals & botanical products • California
Contract Type FiledDecember 11th, 2017 Company Industry JurisdictionThis Settlement and Release of All Claims Agreement (“Agreement”) is entered into as of October 10, 2017 (the "Execution Date"), by and between Marijuana Company of America, Inc., a Utah corporation (“MCOA”), on behalf of itself and its subsidiaries, corporate affiliates, and each of its respective present and former employees, officers, directors, owners, shareholders, and agents, individually and in their official capacities, (collectively referred to herein as, the “MCOA Group”), and Tangiers Global LLC, a Wyoming limited liability company (“Tangiers”). MCOA and Tangiers may be referred to individually as a “Party” and are collectively referred to herein as the “Parties”).