FORBEARANCE AND STANDSTILL AGREEMENTForbearance and Standstill Agreement • September 24th, 2015 • Cabinet Grow, Inc. • Agricultural production-crops • Utah
This Forbearance and Standstill Agreement (this “Agreement”) is entered into as of Septmber 10, 2015 by and among Chicago Venture Partners, L.P., a Utah limited partnership (“Lender”), Cabinet Grow, Inc., a Nevada corporation (“Borrower”), and for purposes of Sections 7 and 8 only, Matt Lee, an individual (“Lee”), and Sam May, an individual (“May,” and together with Lee, the “Pledgors”). Capitalized terms used in this Agreement without definition shall have the meanings given to them in the Note (defined below).
