Securities Purchase AgreementSecurities Purchase Agreement • October 13th, 2021 • Marijuana Co of America, Inc. • Medicinal chemicals & botanical products • Utah
This Securities Purchase Agreement (this “Agreement”), dated as of September __, 2021, is entered into by and between Marijuana Company of America, Inc., a Utah corporation (“Company”), and St. George Investments LLC, a Utah limited liability company, its successors and/or assigns (“Investor”).
ASSET PURCHASE AGREEMENT dated as of October 6, 2021 by and betweenAsset Purchase Agreement • October 13th, 2021 • Marijuana Co of America, Inc. • Medicinal chemicals & botanical products • California
This Asset Purchase Agreement (this “Agreement”) is dated as of October 6, 2021 (the “Effective Date”), by and among Salinas Diversified Ventures, Inc., a California corporation, and wholly owned subsidiary of Marijuana Company of America, Inc., a Utah corporation (“Buyer”), VBF Brands, Inc., a California corporation (“VBF”), and wholly owned subsidiary of Sunset Island Group, Inc., a California corporation (“SIGO”),” Lori Livacich, an individual (“Livacich”), and St. George Investments, LLC, a Utah limited liability company (“St. George”). Buyer, VBF, SIGO, Livacich and St. George may be collectively referred to as the “Parties.” Capitalized terms used herein without definition are defined in Article 8.
EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • October 13th, 2021 • Marijuana Co of America, Inc. • Medicinal chemicals & botanical products • California
THIS EXECUTIVE EMPLOYMENT AGREEMENT (“Agreement”) is entered into and effective as of, October 6, 2021 (the "Effective Date"), by and between Salinas Diversified Ventures, Inc., a California corporation (the "Company"), 633 5th Avenue, Ste. 2826, Los Angeles, CA 90071, and Lori Livacich, an individual residing at 20420 Spence Road, Salinas, CA 93908 ("Executive"), with reference to the following facts:
MANAGEMENT SERVICES AGREEMENT dated as of October 6, 2021 by and betweenManagement Services Agreement • October 13th, 2021 • Marijuana Co of America, Inc. • Medicinal chemicals & botanical products • California
This Management Services Agreement (“Agreement”) is made as of October 6, 2021 (“Effective Date”), by and among Salinas Diversified Ventures, Inc., a California corporation (“Salinas”), a wholly owned subsidiary of Marijuana Company of America, Inc., a Utah corporation (“MCOA”) and VBF Brands, Inc., a California corporation (“VBF”) and wholly owned subsidiary of Sunset Island Group, Inc. (“SIGO”), and Lori Livacich (“Livacich”) individually, and in her role as Affiliate and control person of VBF and SIGO. Each of VBF, SIGO, Salinas, MCOA and Livacich may be referred to herein as a “Party” and together as the “Parties.”
COOPERATION AGREEMENT dated as of October 6, 2021 by and betweenCooperation Agreement • October 13th, 2021 • Marijuana Co of America, Inc. • Medicinal chemicals & botanical products • California
This Cooperation Agreement (this “Agreement”), effective as of October 6, 2021 (the “Effective Date”), is by and among Salinas Diversified Ventures, Inc., a California corporation (“Salinas”), and wholly owned subsidiary of Marijuana Company of America, Inc., a Utah corporation (“MCOA”), VBF Brands, Inc., a California corporation (“VBF”), and wholly owned subsidiary of Sunset Island Group, Inc., a Colorado corporation (“SIGO), and Lori Livacich (“Livacich”) individually, and as Affiliate and Control Person of VBF and SIGO. Each of VBF, SIGO, Livacich, Salinas, and MCOA may be collectively referred to as the “Parties.” Nothing herein shall alter any rights or obligations of any Party under the Asset Purchase Agreement or the Management Services Agreement (referenced below).
ASSIGNMENTAssignment • October 13th, 2021 • Marijuana Co of America, Inc. • Medicinal chemicals & botanical products
FOR VALUE RECEIVED, the undersigned, St. George Investments LLC, a Utah limited liability company (“Assignor”), hereby assigns and transfers to Marijuana Company of America, Inc., a Utah corporation (“Assignee”), and Assignee hereby receives and accepts, all of Assignor’s right, title and interest in and to, free and clear of any lien, claim or encumbrance: (a) that certain Secured Convertible Promissory Note in the original face amount of $170,000.00 issued by Sunset Island Group, Inc., a Colorado corporation (the “Company”), to the order of Assignor on December 8, 2017 (“Note 1”), issued pursuant to that certain Securities Purchase Agreement by and between Assignor and the Company of even date therewith (“Purchase Agreement 1”); (b) all other Transaction Documents (as defined in Purchase Agreement 1) entered into in connection with Purchase Agreement 1; (c) that certain Secured Convertible Promissory Note in the original face amount of $4,245,000.00 issued by the Company, to the orde
