SETTLEMENT & RELEASE OF ALL CLAIMS AGREEMENTSettlement Agreement • February 10th, 2020 • Marijuana Co of America, Inc. • Medicinal chemicals & botanical products • California
This Settlement and Release of All Claims Agreement (“Agreement”) is entered into as of January 28, 2020, effective as of February 3, 2020 (the “Effective Date”), by and between Marijuana Company of America, Inc., a Utah corporation, on behalf of itself and its subsidiaries and other corporate affiliates, and each of its respective present and former employees, officers, directors, owners, shareholders, and agents, individually and in their official capacities, (“MCOA”), and Natural Plant Extract of California, a California corporation, (hereafter referred to as the “NPE”), on behalf of itself and its subsidiaries and other corporate affiliates, and each of its respective present and former employees, officers, directors, owners, shareholders, and agents, individually and in their official capacities. MCOA, and NPE may be referred to individually as a "Party" and are collectively referred to as the "Parties").
