0001654954-21-003778 Sample Contracts

ADDENDUM NO. 1 TO THE AGREEMENT AND PLAN OF MERGER
Agreement and Plan of Merger • April 1st, 2021 • cbdMD, Inc. • Perfumes, cosmetics & other toilet preparations • North Carolina

THIS ADDENDUM NO. 1 TO THE AGREEMENT AND PLAN OF MERGER (the “Agreement”) is made and entered into as of the date of the last signatory hereto by and among cbdMD, Inc., a North Carolina corporation with its principal place of business located at 8845 Red Oak Boulevard, Charlotte, NC 28217 (the “Corporation”) and the holders of the Remaining Earnout Rights (as defined herein) set forth on the signature pages hereto (each a “Holder” and collectively the “Holders”). The Corporation and the Holders are sometimes referred to as the “Parties.” This Agreement shall be effective upon the execution hereof by all Parties hereto.

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