0001517126-12-000160 Sample Contracts

DEBT SETTLEMENT AGREEMENT
Debt Settlement Agreement • August 20th, 2012 • Cannabis Science, Inc. • Crude petroleum & natural gas

The Company wishes to settle the Debt by issuing to the Creditor, or its assigns, shares of common stock of the Company and the Creditor is prepared to accept the shares in full satisfaction of the Debt.

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AMENDMENT AGREEMENT
Amendment Agreement • August 20th, 2012 • Cannabis Science, Inc. • Crude petroleum & natural gas • Colorado

THIS AMENDMENT AGREEMENT to the Management Agreement dated as of December 7, 2010 (the “Effective Date”), is entered into between Cannabis Science, Inc., with its principal offices located at 6946 North Academy Blvd Suite B #254, Colorado Springs, Colorado 80918 (the “Company” or “CBIS”) and Adam Pasquale, with an address of Suite #323 2865 South Colorado Blvd., Denver, Colorado 80222 (the “Consultant”), and hereby amends the Management Agreement entered into between CBIS and the Consultant dated as of July 30, 2010 (the "Agreement").

NON-EXCLUSIVE COMMERCICAL LICENSE AGREEMENT
Non-Exclusive Commercical License Agreement • August 20th, 2012 • Cannabis Science, Inc. • Crude petroleum & natural gas • Colorado

The Licensor owns all right, title and interest in and to Medical Cannabis Delivery Methods (“MCDM”) and Proprietary Formulations (the “Formulations”);

MUTUAL TERMINATION AGREEMENT
Mutual Termination Agreement • August 20th, 2012 • Cannabis Science, Inc. • Crude petroleum & natural gas

CANNABIS SCIENCE, INC., a Nevada Corporation, with its corporate offices located at 6946 N Academy Blvd Suite B #254 Colorado Springs, CO 80918

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