COMMERCIALIZATION AGREEMENTCommercialization Agreement • May 7th, 2015 • Growblox Sciences, Inc. • Crude petroleum & natural gas • Puerto Rico
THIS COMMERCIALIZATION AGREEMENT (this “Agreement”), dated as of May 7, 2015 (the “Effective Date”), is entered into by and between Growblox Sciences, Inc., a Delaware corporation (the “Growblox”) and Growblox Sciences Puerto Rico LLC, a limited liability company organized under the laws of the Commonwealth of Puerto Rico (“GBSPR”). For purposes of this Agreement, Growblox and GBSPR may each be referred to herein individually as a “Party” and together as the “Parties.”
THE INTERESTS CREATED BY THIS OPERATING AGREEMENT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, OR UNDER ANY APPLICABLE STATE SECURITIES LAWS. SUCH INTERESTS MAY NOT BE SOLD, ASSIGNED, PLEDGED, OR OTHERWISE DISPOSED OF AT ANY TIME WITHOUT...Operating Agreement • May 7th, 2015 • Growblox Sciences, Inc. • Crude petroleum & natural gas • Puerto Rico
This Operating Agreement (this "Agreement") of GROWBLOX SCIENCES, PUERTO RICO LLC (the "Company") is made and entered into as of May 7, 2015 (the "Effective Date"), by, and among Cesar Cordero-Kruger, an individual (“Cordero-Kruger”), Joseph J. Bianco, an individual (“Bianco”), Andrea Small-Howard, an individual (“Small-Howard”) and Growblox Sciences, Inc., a Delaware corporation (“Growblox” and with Cordero-Kruger, Bianco and Small-Howard, the “Initial Members”), the Company and any additional Members (as hereinafter defined) who become Members in accordance with the provisions hereof, have executed this Agreement on the signature page hereof and who are listed on Exhibit A hereto, with reference to the following facts:
