AGREEMENT AND PLAN OF MERGER by and among LEVEL BRANDS, INC., ACQCO, LLC, cbdMD LLC, and CURE BASED DEVELOPMENT, LLC. Dated as of December 3, 2018Security Agreement • December 4th, 2018 • Level Brands, Inc. • Perfumes, cosmetics & other toilet preparations • North Carolina
THIS AGREEMENT AND PLAN OF MERGER, dated as of December 3, 2018 (this “Agreement”), is by and among LEVEL BRANDS, INC., a North Carolina corporation (the “Parent”), ACQCO, LLC, a North Carolina limited liability company and a wholly owned subsidiary of the Parent (“Merger Sub”), cbdMD LLC, a North Carolina limited liability company and wholly owned subsidiary of the Parent (“Sub LLC”) and CURE BASED DEVELOPMENT, LLC, a Nevada limited liability company (the “Company”).
SECURITY AGREEMENTSecurity Agreement • December 4th, 2018 • Level Brands, Inc. • Perfumes, cosmetics & other toilet preparations • North Carolina
This Security Agreement (the “Security Agreement”) dated as of December 4, 2018 by and between CURE BASED DEVELOPMENT, LLC, a Nevada limited liability company (the “Company”), and LEVEL BRANDS, INC., a North Carolina corporation (the “Holder”). This Note is being entered into in accordance with the terms and conditions of that certain Agreement and Plan of Merger dated December 3, 2018 by and among the Holder, AcqCo, LLC, a North Carolina limited liability company and a wholly owned subsidiary of the Holder, cbdMD LLC, a North Carolina limited liability company and wholly owned subsidiary of the Holder, and the Company (the “Merger Agreement”).
