GROM SOCIAL ENTERPRISES, INC. 2020 EQUITY INCENTIVE PLAN NON-QUALIFIED STOCK OPTION AGREEMENTNon-Qualified Stock Option Agreement • August 24th, 2021 • Grom Social Enterprises, Inc. • Services-computer programming, data processing, etc.
On July 29, 2021, the Compensation Committee approved a grant of a Non-Qualified Stock Option (this "Option") to you to purchase Common Stock of Grom Social Enterprises, Inc. (the "Company") pursuant to the Grom Social Enterprises, Inc. 2020 Equity Incentive Plan (the "Plan"). The Option shall constitute and be treated at all times by you and the Company as a “non-qualified stock option” for Federal income tax purposes and shall not constitute and shall not be treated as an “incentive stock option” as defined under Section 422(b) of the Internal Revenue Code of 1986, as amended.
EMPLOYMENT AGREEMENTEmployment Agreement • August 24th, 2021 • Grom Social Enterprises, Inc. • Services-computer programming, data processing, etc. • Delaware
THIS EMPLOYMENT AGREEMENT (this “Agreement"), dated as of August 19, 2021 (the “Effective Date”), is by and between (1) Grom Social Enterprises, Inc., a Florida corporation (“Grom” or the “Company”), and (2) Brent Watts (the “Executive”). The Company and the Executive are sometimes referred to herein collectively as the “Parties” and individually as a “Party.
GROM SOCIAL ENTERPRISES, INC. 8%CONVERTIBLE PROMISSORY NOTEConvertible Promissory Note • August 24th, 2021 • Grom Social Enterprises, Inc. • Services-computer programming, data processing, etc. • Delaware
This Note has been issued to the Holder under that certain Membership Interest Purchase Agreement, dated July 29, 2021 (the “Purchase Agreement”) by and among the Company, Curiosity Ink and the holders of Curiosity Ink’s membership interests, including the Holder. This Note is the “Contributed Convertible Note” under (and as defined in) the Purchase Agreement. Capitalized terms used and not defined herein have the respective meanings ascribed to such terms in the Purchase Agreement.
AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENTLimited Liability Company Agreement • August 24th, 2021 • Grom Social Enterprises, Inc. • Services-computer programming, data processing, etc. • Delaware
This Amended and Restated Limited Liability Company Agreement (this “Agreement”) is entered into as of August 19, 2021 (the “Effective Date”) by and among: (A) Curiosity Ink Media LLC, a Delaware limited liability company (the “Company”), (B)(1) Grom Social Enterprises, Inc., a Florida corporation (“Grom”), (2) Brent Watts, an individual (“Watts”), (3) Russell Hicks, an individual (”Hicks”), (4) John Van Slooten, Trustee of the Van Slooten Family Revocable Living Trust dated 4/6/90 (“Van Slooten Trust”), (5) Gregory A. Peterson, Trustee, of the Gregory A. Peterson Revocable Living Trust dated April 9, 2001 (“Peterson Trust”), (6) Ryan Watts, an individual (“RWatts”); (7) Robert Nelsen, an individual (“Nelsen”); (8) Lauren Selig, an individual (“Selig”); (9) Jared Wolfson, an individual (“Wolfson”); and (10) Matthew Cubberly, an individual (“Cubberly”), as Members, and (C) those persons listed on the Managers Schedule, as Managers.
