TOTAL GROW HOLDINGS, LLC MEMBERSHIP INTEREST Redemption AgreementMembership Interest Redemption Agreement • January 30th, 2020 • Urban-Gro, Inc. • Wholesale-machinery, equipment & supplies • Colorado
Contract Type FiledJanuary 30th, 2020 Company Industry JurisdictionThis Membership Interest Redemption Agreement (this “Agreement”) dated as of January 24, 2020, is by and between Total Grow Holdings, LLC, a Delaware limited liability company doing business as Total Grow Control, LLC (“TGH”), and urban-gro, Inc., a Colorado corporation (“UG”). Each of TGH and UG may be referred to individually in this Agreement as a “Party” and collectively as the “Parties.” The existing members of TGH other than UG are joining in this Agreement for the sole purpose of agreeing to the proposed transfer and assignment of the Interest (defined below), the redemption of the Interest as contemplated herein, and to join in the covenants set forth in Sections 8.2, 9.16 and 9.17 hereof.