Exhibit 10.62
KonaRed Corporation
SERIES A PREFERRED STOCK PURCHASE AGREEMENT
This Series A Preferred Stock Purchase Agreement (the "Agreement") is made as of
October 24, 2017 by and among KonaRed Corporation, a Nevada corporation (the
"Corporation") and Kona Holdings I LLC, a Delaware limited liability company,
and Kona Holdings II LLC, a Delaware limited liability company.
Kona Holdings I LLC and Kona Holdings II LLC are collectively referred to herein
in the singular as "VB." All obligations, duties, representations, warranties
and/or rights set forth herein as to VB shall be deemed to be joint and several
obligations, duties, representations, warranties and/or rights of Kona Holdings
I LLC and Kona Holdings II LLC. Where (if anywhere) in this Agreement the
context so requires, the term VB shall be deemed to refer to Kona Holdings I LLC
and to obligations, duties, representations, warranties and/or rights of Kona
Holdings I LLC; where (if anywhere) in this Agreement the context so requires,
such term shall be deemed to refer to Kona Holdings II LLC and to obligations,
duties, representations, warranties and/or rights of Kona Holdings II LLC.
(Where the context requires or permits that such term refer to Kona Holdings I
LLC and Kona Holdings II LLC collectively and to obligations, duties,
representations, warranties and/or rights of Kona Holdings I LLC and Kona
Holdings II LLC collectively, such term shall be deemed to so refer.) Each of
Kona Holdings I LLC and Kona Holdings II LLC hereby agree that any notice,
action, election, waiver or consent given or done hereunder by Kona Holdings I
LLC shall be deemed to have been given or done by Kona Holdings I LLC on behalf
of Kona Holdings II LLC as well as on behalf of Kona Holdings I LLC itself,
pursuant to authority hereby irrevocably granted; and (in order to ensure
perfect uniformity at all times) it is expressly agreed that Kona Holdings II
LLC shall not in its own name give or do any notice, action, election, waiver or
consent hereunder but instead shall stand aside and let Kona I Holdings give or
do (or not give or not do) on behalf of both. Any such notice, action, election,
waiver or consent given or done hereunder by Kona Holdings I LLC shall be
conclusively deemed to be with respect to all Corporation securities and/or
interests owned by Kona Holdings I LLC, on the one hand, and Kona Holdings II
LLC, on the other hand, unless otherwise expressly so stated by Kona Holdings I
LLC in such notice, action, election, waiver or consent (and in any case of such
an express statement otherwise, it is agreed and required that Kona Holdings I
LLC must state the percentage of its own Corporation securities and/or interests
(of a particular class, series or type) as to which such notice, action,
election, waiver or consent is given or done hereunder and exactly the same
percentage of Kona Holdings II LLC's Corporation securities and/or interests (of
such class, series or type) shall