0001599916-20-000101 Sample Contracts

SHARE CANCELLATION AND EXCHANGE AGREEMENT
Share Cancellation and Exchange Agreement • August 21st, 2020 • Kaival Brands Innovations Group, Inc. • Blank checks

This SHARE CANCELLATION AND EXCHANGE AGREEMENT (this “Agreement”), dated August 19, 2020 (the “Effective Date”), by and between Kaival Brands Innovations Group, Inc., a Delaware corporation (the “Company”), and Kaival Holdings, LLC, a Delaware limited liability company (the “Stockholder”). The Company and Stockholder are also hereinafter individually and jointly referred to as “Party” or “Parties.”

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