0001554795-16-000509 Sample Contracts

MEMBERSHIP INTEREST PLEDGE AGREEMENT
Membership Interest Pledge Agreement • January 5th, 2016 • Cabinet Grow, Inc. • Agricultural production-crops • Utah

This Membership Interest Pledge Agreement (this “Agreement”) is entered into as of December 31, 2015, by and between Cabinet Grow, Inc., a Nevada corporation (“Pledgor”), and Tonaquint, Inc., a Utah corporation (“Lender”).

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DEED OF TRUST, SECURITY AGREEMENT AND FINANCING STATEMENT
Deed of Trust, Security Agreement and Financing Statement • January 5th, 2016 • Cabinet Grow, Inc. • Agricultural production-crops • Utah

As of December 31, 2015, Quasar, LLC, a Utah limited liability company (hereinafter, “Grantor”), whose mailing address is 17932 Sky Park Circle #F, Irvine, California 92614, in consideration of the debt and trust hereinafter mentioned, does hereby GRANT, BARGAIN, SELL, TRANSFER, ASSIGN and CONVEY unto ___________________, Trustee (as hereinafter defined), the following described property (all of which is sometimes referred to collectively herein as the “Property”):

MEMBERSHIP INTEREST PURCHASE AGREEMENT
Membership Interest Purchase Agreement • January 5th, 2016 • Cabinet Grow, Inc. • Agricultural production-crops • Utah

This Membership Interest Purchase Agreement (this “Agreement”) is entered into as of December 31, 2015, by and between Cabinet Grow, Inc., a Nevada corporation (“Purchaser”), and Tonaquint, Inc., a Utah corporation (“Seller”). Purchaser and Seller may also be referred to hereinafter individually as a “party” and collectively as the “parties.”

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