Agreement and Plan of Merger by and among Sugarmade, Inc., Carnaby Spot Bay Corp, Lemon Glow Company And Ryan Santiago, as the Shareholder Representative Dated as of May 12, 2021Merger Agreement • June 1st, 2021 • Sugarmade, Inc. • Wholesale-paper & paper products • California
This Agreement and Plan of Merger (this “Agreement”) is entered into as of May 12, 2021 (the “Effective Date”) by and among (i) Sugarmade, Inc., a Delaware corporation (“Parent”), (ii) Carnaby Spot Bay Corp, a California corporation and a wholly owned subsidiary of Parent (“Merger Sub”), (iii) Lemon Glow Company, a California corporation (the “Company”) and (iv) subject to Section 10.01, Ryan Santiago as the “Shareholder Representative”. Each of Parent, Merger Sub, the Company, and the Shareholder Representative are referred to herein as a “Party” and together as the “Parties”. Certain capitalized terms used in this Agreement shall have the respective meanings ascribed thereto in Article I.
