Document:

Exhibit
10.1

 

SUBSCRIPTION
AGREEMENT

 

 

Resonate
Blends, Inc.

26565
Agoura Road, Suite 200

Calabasas,
CA 91302

 

This
Subscription Agreement (this “Agreement”) has been executed by the subscriber set forth in the signature page attached
hereto (the “Subscriber”) in connection with the private placement offering (the “Offering”) of a maximum
of $2,000,000 units (the “Units”) where each Unit consists of one share of common stock, par value $0.0001 par value
(“Common Stock”) at a purchase price of $.15 and a warrant to purchase 0.5 share(s) of Common Stock at an exercise
price of $0.225 per share, of Resonate Blends, Inc., a Nevada corporation (the “Company”). Any warrant exercises will
be rounded down to the nearest whole number of shares.

 

The
Company’s reports and forms heretofore or hereafter filed by the Company with the Securities and Exchange Commission pursuant
to the Securities Exchange Act of 1934 are incorporated herein by reference. These reports and forms are located at www.sec.gov.

 

The
Units being subscribed for pursuant to this Agreement have not been registered under the Securities Act of 1933, as amended (the
“Securities Act”). The Offering is being made on a “best efforts” basis to “accredited investors,”
as defined in Regulation D under the Securities Act, and non-”U.S. persons,” as defined in Regulation S under the
Securities Act. The Company reserves the right, in its sole discretion and for any reason, to reject any Subscriber’s subscription
in whole or in part, or to allot less than the number of Units subscribed for.

 

The
closing of the Offering (the “Closing,” and the date on which such Closing occurs hereinafter referred to as the “Closing
Date”) shall be at the offices of the Company. The Company may conduct multiple closings for the sale of the Units until
the termination of the Offering.

 

1.
Subscription. The undersigned Subscriber hereby subscribes to purchase the number of Units set forth on the signature page attached
hereto, at an aggregate price as set forth on such signature page (the “Purchase Price”), subject to the terms and
conditions of this Agreement and on the basis of the representations, warranties, covenants and agreements contained herein.

 

2.
Subscription Procedure. To complete a subscription for the Units, the Subscriber must fully comply with the subscription procedure
provided in this Section on or before the Closing Date.

 

a.
Transaction Documents. On or before the Closing Date, the Subscriber shall review, complete and execute the Signature Page to
this Agreement and the Investor Certification, attached hereto as Appendix A (collectively, the “Transaction Documents”),
and deliver the Transaction Documents to the Company. Executed documents may be delivered to the Company by facsimile or electronic
mail (e-mail), if the Subscriber delivers the original copies of the documents to the Company as soon as practicable thereafter.

 

    	 

     

    

 

b.
Purchase Price. Simultaneously with the delivery of the Transaction Documents to the Company as provided herein, and in any event
on or prior to the Closing Date, the Subscriber shall deliver to the Company the full Purchase Price by check or by wire transfer
of immediately available funds.

 

c.
Company Discretion. The Subscriber understands and agrees that the Company in its sole discretion reserves the right to accept
or reject this or any other subscription for Units, in whole or in part, notwithstanding prior receipt by the Subscriber of notice
of acceptance of this subscription. The Company shall have no obligation hereunder until the Company shall execute and deliver
to the Subscriber an executed copy of this Agreement. If this subscription is rejected in whole, or the offering of Units is terminated,
all funds received from the Subscriber will be returned without interest or offset, and this Agreement shall thereafter be of
no further force or effect. If this subscription is rejected in part, the funds for the rejected portion of this subscription
will be returned without interest or offset, and this Agreement will continue in full force and effect to the extent this subscription
was accepted.

 

3.
Representations and Warranties of the Company. The Company hereby represents and warrants to the Subscriber the following:

 

a.
Organization and Qualification. The Company is a corporation duly organized and validly existing under the laws of the State of
Nevada. The Company has all requisite power and authority to carry on its business as currently conducted. The Company is duly
qualified to transact business in each jurisdiction in which the failure to be so qualified would reasonably be expected to have
a material adverse effect on the Company’s business, properties or financial condition (a “Material Adverse Effect”).

 

b.
Authorization. As of the Closing, all action on the part of the Company, its board of directors, officers and existing stockholders
necessary for the authorization, execution and delivery of this Agreement and the performance of all obligations of the Company
hereunder shall have been taken, and this Agreement, assuming due execution by the parties hereto, will constitute a valid and
legally binding obligation of the Company, enforceable in accordance with its terms, subject to: (i) judicial principles limiting
the availability of specific performance, injunctive relief, and other equitable remedies and (ii) bankruptcy, insolvency, reorganization,
moratorium or other similar laws now or hereafter in effect generally relating to or affecting creditors’ rights.

 

c.
Valid Issuance of the Common Stock. The Units of Common Stock, when issued, sold and delivered in accordance with the terms of
this Agreement for the consideration expressed herein, shall be duly and validly issued, fully paid and nonassessable, and will
be free of restrictions on transfer directly or indirectly created by the Company other than restrictions on transfer under this
Agreement and under applicable federal and state securities laws.

 

d.
Governmental Consents. No consent, approval, order or authorization of, or registration, qualification, designation, declaration
or filing with, any federal, state or local governmental authority on the part of the Company is required in connection with the
offer, sale or issuance of the Units, except for the following: (i) the filing of such notices as may be required under the Securities
Act and (ii) the compliance with any applicable state securities laws, which compliance will have occurred within the appropriate
time periods therefor.

 

    	 

     

    

 

e.
No General Solicitation. Neither the Company nor any person acting on behalf of the Company has offered or sold any of the Units
by any form of general solicitation or general advertising (within the meaning of Regulation D).

 

4.
Representations and Warranties of the Subscriber. The Subscriber represents and warrants to the Company the following:

 

a.
The Subscriber, its advisers, if any, and designated representatives, if any, have the knowledge and experience in financial and
business matters necessary to evaluate the merits and risks of its prospective investment in the Company, and have carefully reviewed
and understand the risks of, and other considerations relating to, the purchase of Units and the tax consequences of the investment,
and have the ability to bear the economic risks of the investment.

 

b.
The Subscriber is acquiring the Units for investment for its own account and not with the view to, or for resale in connection
with, any distribution thereof. The Subscriber understands and acknowledges that the Units have not been registered under the
Securities Act or any state securities laws, by reason of a specific exemption from the registration provisions of the Securities
Act and applicable state securities laws, which depends upon, among other things, the bona fide nature of the investment intent
of the Subscriber as expressed herein. The Subscriber further represents that it does not have any contract, undertaking, agreement
or arrangement with any person to sell, transfer or grant participation to any third person with respect to any of the Units.

 

c.
The Subscriber understands, even though the Company has a trading symbol on the OTCQB, that a limited market now exists for the
Company’s Common Stock, and that there may never be an active public market for the Units of Common Stock sold in the Offering.

 

d.
The Subscriber, its advisers, if any, and designated representatives, if any, have received and reviewed such information about
the Company as they have requested and have had an opportunity to discuss the Company’s business, management and financial
affairs with its management. The Subscriber understands that such discussions, as well as any written information provided by
the Company, were intended to describe the aspects of the Company’s business and prospects which the Company believes to
be material, but were not necessarily a thorough or exhaustive description, and except as expressly set forth in this Agreement,
the Company makes no representation or warranty with respect to the completeness of such information and makes no representation
or warranty of any kind with respect to any information provided by any entity other than the Company. Some of such information
may include projections as to the future performance of the Company, which projections may not be realized, are based on assumptions
which may not be correct and are subject to numerous factors beyond the Company’s control.

 

e.
As of the Closing, all action on the part of Subscriber, and its officers, directors and partners, if applicable, necessary for
the authorization, execution and delivery of this Agreement and the other Transaction Documents and the performance of all obligations
of the Subscriber hereunder and thereunder shall have been taken, and this Agreement and the other Transaction Documents, assuming
due execution by the parties hereto and thereto, constitute valid and legally binding obligations of the Subscriber, enforceable
in accordance with their respective terms, subject to: (i) judicial principles limiting the availability of specific performance,
injunctive relief, and other equitable remedies and (ii) bankruptcy, insolvency, reorganization, moratorium or other similar laws
now or hereafter in effect generally relating to or affecting creditors’ rights.

 

    	 

     

    

 

f.
The Subscriber either (i) is an “accredited investor” as defined in Rule 501 of Regulation D as promulgated by the
Securities and Exchange Commission under the Securities Act or (ii) is not a “U.S. Person” as defined in Regulation
S as promulgated by the Securities and Exchange Commission under the Securities Act, and, in each case, shall submit to the Company
such further assurances of such status as may be reasonably requested by the Company.

 

g.
The Subscriber, if a non-U.S. Person, agrees that it is acquiring the Units in an offshore transaction pursuant to Regulation
S and hereby represents to the Company as follows:

 

(i)
The Subscriber is outside the United States when receiving and executing this Subscription Agreement;

 

(ii)
The Subscriber has not acquired the Units as a result of, and will not itself engage in, any “directed selling efforts”
(as defined in Regulation S) in the United States in respect of the Units which would include any activities undertaken for the
purpose of, or that could reasonably be expected to have the effect of, conditioning the market in the United States for the resale
of the Units; provided, however, that the Subscriber may sell or otherwise dispose of the Units pursuant to registration of the
Units under the Securities Act and any applicable state and provincial securities laws or under an exemption from such registration
requirements and as otherwise provided herein;

 

(iii)
The Subscriber understands and agrees that offers and sales of any of the Units prior to the expiration of a period of one year
after the date of transfer of the Units under this Agreement (the “Distribution Compliance Period”), shall only be
made in compliance with the safe harbor provisions set forth in Regulation S, pursuant to the registration provisions of the Securities
Act or an exemption therefrom, and that all offers and sales after the Distribution Compliance Period shall be made only in compliance
with the registration provisions of the Securities Act or an exemption therefrom, and in each case only in accordance with all
applicable securities laws;

 

(iv)
The Subscriber understands and agrees not to engage in any hedging transactions involving the Units prior to the end of the Distribution
Compliance Period unless such transactions are in compliance with the Securities Act; and

 

(v)
The Subscriber hereby represents that it has satisfied itself as to the full observance of the laws of its jurisdiction in connection
with any invitation to subscribe for the Units or any use of this Subscription Agreement, including: (a) the legal requirements
within its jurisdiction for the purchase of the Units; (b) any foreign exchange restrictions applicable to such purchase; (c)
any governmental or other consents that may need to be obtained; and (d) the income tax and other tax consequences, if any, that
may be relevant to the purchase, holding, redemption, sale or transfer of the Units. Such Subscriber’s subscription and
payment for, and its continued beneficial ownership of the Units, will not violate any applicable securities or other laws of
the Subscriber’s jurisdiction.

 

h.
The Subscriber or its duly authorized representative realizes that because of the inherently speculative nature of investments
of the kind contemplated by the Company, the Company’s investment results may be expected to fluctuate from month to month
and from period to period and will, generally, involve a high degree of financial and market risk that can result in substantial
or, at times, even total losses.

 

i.
The Subscriber has adequate means of providing for its current and anticipated financial needs and contingencies, is able to bear
the economic risk for an indefinite period of time and has no need for liquidity of the investment in the Units and could afford
complete loss of such investment.

 

    	 

     

    

 

j.
The Subscriber is not subscribing for Units as a result of or subsequent to any advertisement, article, notice or other communication,
published in any newspaper, magazine or similar media or broadcast over television, radio or the internet, or presented at any
seminar or meeting, or any solicitation of a subscription by a person not previously known to the Subscriber in connection with
investments in securities generally.

 

k.
All of the information that the Subscriber has heretofore furnished, or which is set forth herein is correct and complete as of
the date of this Agreement, and, if there should be any material change in such information prior to the admission of the undersigned
to the Company, the Subscriber will immediately furnish revised or corrected information to the Company.

 

5.
Registration Rights. No registration rights are granted in connection with the Offering of the Units.

 

6.
Transfer Restrictions. The Subscriber acknowledges and agrees as follows:

 

a.
The Subscriber understands that the certificates representing the Units shall bear a restrictive legend in substantially the following
form (and a stop-transfer order may be placed against transfer of such certificates or other instruments):

 

For
U.S. Persons:

 

THESE
SECURITIES HAVE BEEN ISSUED PURSUANT TO THE SECTION 4(2) EXEMPTION TO THE REGISTRATION PROVISIONS UNDER THE SECURITIES ACT OF
1933, AS AMENDED. THESE SECURITIES CANNOT BE TRANSFERRED, OFFERED, OR SOLD UNLESS THE SECURITIES ARE REGISTERED UNDER THE SECURITIES
ACT OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT IS AVAILABLE AND IN EACH CASE ONLY IN ACCORDANCE
WITH APPLICABLE STATE SECURITIES LAWS. IN ADDITION, HEDGING TRANSACTIONS INVOLVING THE SECURITIES MAY NOT BE CONDUCTED UNLESS
IN ACCORDANCE WITH THE SECURITIES ACT.

 

For
Non-U.S. Persons:

 

THESE
SECURITIES WERE ISSUED IN AN OFFSHORE TRANSACTION TO PERSONS WHO ARE NOT U.S. PERSONS (AS DEFINED IN REGULATION S) PURSUANT TO
REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”). ACCORDINGLY, NONE
OF THE SECURITIES TO WHICH THIS CERTIFICATE RELATES HAVE BEEN REGISTERED UNDER THE SECURITIES ACT, OR ANY U.S. STATE SECURITIES
LAWS, AND, UNLESS SO REGISTERED, NONE MAY BE OFFERED OR SOLD IN THE UNITED STATES OR, DIRECTLY OR INDIRECTLY, TO U.S. PERSONS
EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT OR PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. IN
ADDITION, HEDGING TRANSACTIONS INVOLVING THE SECURITIES MAY NOT BE CONDUCTED UNLESS IN ACCORDANCE WITH THE SECURITIES ACT.

 

The
legend(s) set forth above shall be removed and the Company shall issue a certificate without such legend to the holder of the
Units upon which it is stamped, if such holder delivers to the Company an opinion of counsel, in a reasonably acceptable form,
to the Company that a disposition of the Units is being made pursuant to an exemption from registration.

 

b.
No governmental agency has passed upon the Units or made any finding or determination as to the wisdom of any investments therein.

 

    	 

     

    

 

c.
There are substantial restrictions on the transferability of the Units of Common Stock, and if the Company decides to issue certificates
representing the shares of Common Stock, restrictive legends will be placed on any such certificates.

 

7.
Indemnification. The Subscriber agrees to indemnify and hold harmless the Company and its respective officers, directors, employees,
agents, control persons and affiliates from and against all losses, liabilities, claims, damages, costs, fees and expenses whatsoever
(including, but not limited to, any and all expenses incurred in investigating, preparing or defending against any litigation
commenced or threatened) based upon or arising out of any actual or alleged false acknowledgment, representation or warranty,
or misrepresentation or omission to state a material fact, or breach by the Subscriber of any covenant or agreement made by the
Subscriber herein or in any other document delivered in connection with this Agreement.

 

8.
Irrevocability; Binding Effect. The Subscriber hereby acknowledges and agrees that the subscription hereunder is irrevocable by
the Subscriber, except as required by applicable law, and that this Agreement shall survive the death or disability of the Subscriber
and shall be binding upon and inure to the benefit of the parties and their heirs, executors, administrators, successors, legal
representatives and permitted assigns. If the Subscriber is more than one person, the obligations of the Subscriber hereunder
shall be joint and several and the agreements, representations, warranties and acknowledgments herein shall be deemed to be made
by and be binding upon each such person and such person’s heirs, executors, administrators, successors, legal representatives
and permitted assigns.

 

9.
Modification. This Agreement shall not be modified or waived except by an instrument in writing signed by the party against whom
any such modification or waiver is sought.

 

10.
Notices. All notices or other communications which are required or permitted under this Agreement shall be in writing and sufficient
if transmitted by hand delivery, by facsimile transmission, by registered or certified mail, postage pre-paid, by electronic mail,
or by nationally recognized overnight carrier, to the persons at the addresses set forth below (or at such other address as may
be provided hereunder), and shall be deemed to have been delivered (i) if transmitted by hand delivery, as of the date delivered,
(ii) if transmitted by facsimile or electronic mail, as of the date so transmitted with an automated confirmation of delivery,
(iii) if transmitted by nationally recognized overnight carrier, as of the business day following the date of delivery to the
carrier, and (iv) if transmitted by registered or certified mail, postage pre-paid, on the third business day following posting
with the U.S. Postal Service: (a) if to the Company, at the address set forth above, or (b) if to the Subscriber, at the address
set forth on the signature page hereof (or, in either case, to such other address as the party shall have furnished in writing
in accordance with the provisions of this Section 10).

 

11.
Assignability. This Agreement and the rights, interests and obligations hereunder are not transferable or assignable by the Subscriber
and the transfer or assignment of the Units shall be made only in accordance with all applicable laws.

 

12.
Applicable Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Nevada, without
reference to the principles thereof relating to the conflict of laws.

 

13.
Blue Sky Qualification. The purchase of Units under this Agreement is expressly conditioned upon the exemption from qualification
of the offer and sale of the Units from applicable federal and state securities laws. The Company shall not be required to qualify
this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company shall be released
from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

 

    	 

     

    

 

14.
Use of Pronouns. All pronouns and any variations thereof used herein shall be deemed to refer to the masculine, feminine, neuter,
singular or plural as the identity of the person or persons referred to may require.

 

15.
Confidentiality. The Subscriber acknowledges and agrees that any information or data the Subscriber has acquired from or about
the Company, not otherwise properly in the public domain, including, without limitation, the business summary of the Company,
was received in confidence. The Subscriber agrees not to divulge, communicate or disclose, except as may be required by law or
for the performance of this Agreement, or use to the detriment of the Company or for the benefit of any other person, or misuse
in any way, any confidential information of the Company, including any scientific, technical, trade or business secrets of the
Company and any scientific, technical, trade or business materials that are treated by the Company as confidential or proprietary,
including, but not limited to, ideas, discoveries, inventions, developments and improvements belonging to the Company and confidential
information obtained by or given to the Company about or belonging to third parties.

 

16.
Miscellaneous.

 

a.
This Agreement constitutes the entire agreement between the Subscriber and the Company with respect to the subject matter hereof
and supersedes all prior oral or written agreements and understandings, if any, relating to the subject matter hereof. The terms
and provisions of this Agreement may be waived, or consent for the departure therefrom granted, only by a written document executed
by the party entitled to the benefits of such terms or provisions.

 

b.
The representations and warranties of the Company and the Subscriber made in this Agreement shall survive the execution and delivery
hereof and delivery of the Units.

 

c.
Each of the parties hereto shall pay its own fees and expenses (including the fees of any attorneys, accountants, appraisers or
others engaged by such party) in connection with this Agreement and the transactions contemplated hereby, whether or not the transactions
contemplated hereby are consummated.

 

d.
This Agreement may be executed in one or more original or facsimile counterparts, each of which shall be deemed an original, but
all of which shall together constitute one and the same instrument.

 

e.
Each provision of this Agreement shall be considered separable and, if for any reason any provision or provisions hereof are determined
to be invalid or contrary to applicable law, such invalidity or illegality shall not impair the operation of or affect the remaining
portions of this Agreement.

 

f.
Paragraph titles are for descriptive purposes only and shall not control or alter the meaning of this Agreement as set forth in
the text.

 

g.
The Subscriber understands and acknowledges that there may be multiple Closings for the Offering, but the Closing Date shall be
the conclusion of the entire Offering.

 

h.
The Subscriber hereby agrees to furnish the Company such other information as the Company may request prior to the Closing with
respect to its subscription hereunder.

 

18.
Public Disclosure. Neither the Subscriber nor any officer, manager, director, member, partner, stockholder, employee, affiliate,
affiliated person or entity of the Subscriber shall make or issue any press releases or otherwise make any public statements or
make any disclosures to any third person or entity with respect to the transactions contemplated herein and will not make or issue
any press releases or otherwise make any public statements of any nature whatsoever with respect to the Company without the Company’s
express prior approval. The Company has the right to withhold such approval in its sole discretion.

 

[REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK]

 

    	 

     

    

 

How
to subscribe for Units in the private offering of Resonate Blends, Inc.:

 

	1.	Date
    and Fill in the number of Units being purchased and Complete and Sign the Signature Page.
	 	 
	2.	Initial
    the Investor Certification page.
	 	 
	3.	Fax
    or email all forms and then send all signed original documents, along with a check or wire transfer representing the exact
    dollar amount of the number of Units for subscription, to:

 

Resonate
Blends, Inc.

26565
Agoura Road, Suite 200

Calabasas,
CA 91302

 

	4.	Any
    check for the subscription of Units should be made payable to the order of “Resonate Blends, Inc.”
	 	 
	5.	If
    the funds are being sent by wire transfer to the Company, please see the following instructions:

 

Account
Name: Resonate Blends LLC

Bank:
Lead Bank

Address:
200 North 3rd Street, Garden City, MO 64747

Routing
Number: 101206101

Account
Number: 5680003943

 

    	 

     

    

 

RESONATE
BLENDS, INC.SIGNATURE PAGE TO SUBSCRIPTION AGREEMENT

 

IN
WITNESS WHEREOF, the Subscriber hereby executes this Subscription Agreement.

 

Dated:
___________________________, 2021

 

	SUBSCRIBER
    (individual)	 	SUBSCRIBER
    (entity)
	 	 	 
	 	 	     
	Signature	 	Name
    of Entity
	 	 	 
	 	 	     
	Print
    Name	 	Signature
	 	 	 
	 	 	Print Name: 	                            
	 	 	 
	Signature (if Joint Tenants or

                                                         Tenants in Common)
	 	 
	 	 	Title: 	 	                                                               
	 	 	 
	Address
    of Principal Residence:	 	Address
    of Executive Offices:
	 	 	 
	     	 	     
	Social
    Security Number(s)	 	IRS
    Tax Identification Number
	 	 	 
	

         
	 	 

	Telephone
    Number:	 	Telephone
    Number:
	 	 	 
	     	 	     
	Facsimile
    Number:	 	Facsimile
    Number:
	 	 	 
	     	 	     
	E-mail
    Address:	 	E-mail
    Address:

 

	 	X	$.15	=	$____________
	Number
    of Units	 	Price
    per Unit	 	Purchase
    Price

 

    	 

     

    

 

RESONATE
BLENDS, INC. SIGNATURE PAGE TO SUBSCRIPTION AGREEMENT

 

IN
WITNESS WHEREOF, on ______________, 2021, the Company has duly executed this Subscription Agreement.

 

	 	Resonate
    Blends, Inc.  
	 	 
	 	By	 
	 	Name: 	Geoffrey
    Selzer
	 	Title:	Chief
    Executive Officer

 

    	 

     

    

 

Appendix
A

RESONATE
BLENDS, INC. INVESTOR CERTIFICATION

 

For
Individual Accredited Investors Only (all Individual Accredited Investors must INITIAL where appropriate):

 

	Initial
    _______	I
    have a net worth (excluding the value of the person’s primary residence) in excess of $1,000,000 either individually
    or through aggregating my individual holdings and those in which I have a joint, community property or other similar shared
    ownership interest with my spouse.
	Initial
    _______	I
    have had an annual gross income for the past two years of at least $200,000 (or $300,000 jointly with my spouse) and expect
    my income (or joint income, as appropriate) to reach the same level in the current year.

 

For
Non-Individual Accredited Investors (all Non-Individual Accredited Investors must INITIAL where appropriate):

 

	Initial
    _______	The
    investor certifies that it is a partnership, corporation, limited liability company or business trust that is 100% owned by
    persons who meet at least one of the criteria for Individual Investors set forth above.
	Initial
    _______	The
    investor certifies that it is a partnership, corporation, limited liability company or business trust that has total assets
    of at least $5 million and was not formed for the purpose of investing in the Company.
	Initial
    _______	The
    investor certifies that it is an employee benefit plan whose investment decision is made by a plan fiduciary (as defined in
    ERISA §3(21)) that is a bank, savings and loan association, insurance company or registered investment adviser.
	Initial
    _______	The
    investor certifies that it is an employee benefit plan whose total assets exceed $5,000,000 as of the date of this Agreement.
	Initial
    _______	The
    undersigned certifies that it is a self-directed employee benefit plan whose investment decisions are made solely by persons
    who meet either of the criteria for Individual Investors.
	Initial
    _______	The
    investor certifies that it is a U.S. bank, U.S. savings and loan association or other similar U.S. institution acting in its
    individual or fiduciary capacity.
	Initial
    _______	The
    undersigned certifies that it is a broker-dealer registered pursuant to §15 of the Securities Exchange Act of 1934.
	Initial
    _______	The
    investor certifies that it is an organization described in §501(c)(3) of the Internal Revenue Code with total assets
    exceeding $5,000,000 and not formed for the specific purpose of investing in the Company.
	Initial
    _______	The
    investor certifies that it is a trust with total assets of at least $5,000,000, not formed for the specific purpose of investing
    in the Company, and whose purchase is directed by a person with such knowledge and experience in financial and business matters
    that he is capable of evaluating the merits and risks of the prospective investment.
	Initial
    _______	The
    investor certifies that it is a plan established and maintained by a state or its political subdivisions, or any agency or
    instrumentality thereof, for the benefit of its employees, and which has total assets in excess of $5,000,000.
	Initial
    _______	The
    investor certifies that it is an insurance company as defined in §2(13) of the Securities Act, or a registered investment
    company.

 

    	 

     

    

 

	Initial
_______	Revocable
                                         Trust: The grantor(s) of the trust may revoke the trust at any time and regain title
                                         to the trust assets and has (have) retained sole investment control over the assets of
                                         the trust and each grantor(s) meets at least one of the conditions described. I had an
                                         individual income of more than 200,000 in each of the two most recent calendar years,
                                         and I reasonably expect to have an individual income in excess of $200,000 in the current
                                         calendar year; or my spouse or spousal equivalent and I had joint income in excess of
                                         $300,000 in each of the two most recent calendar years, and we reasonably expect to have
                                         a joint income in excess of $300,000 the current calendar year; OR

        I
        have an individual net worth, or my spouse or spousal equivalent and I have a joint net worth, in excess of $1,000,000
        (excluding my (our) primary residence).

 

For
Non-U.S. Person Investors

(all
Investors who are not a U.S. Person must INITIAL this section):

 

	Initial_______	The
    Investor is not a “U.S. Person” as defined in Regulation S; and specifically the Purchaser is not:

 

	 	A.	a
    natural person resident in the United States of America, including its territories and possessions (“United States”);
	 	 	 
	 	B.	a
    partnership or corporation organized or incorporated under the laws of the United States;
	 	 	 
	 	C.	an
    estate of which any executor or administrator is a U.S. Person;
	 	 	 
	 	D.	a
    trust of which any trustee is a U.S. Person;
	 	 	 
	 	E.	an
    agency or branch of a foreign entity located in the United States;
	 	 	 
	 	F.	a
    non-discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary for the benefit
    or account of a U.S. Person;
	 	 	 
	 	G.	a
    discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary organized, incorporated,
    or (if an individual) resident in the United States; or
	 	 	 
	 	H.	a
    partnership or corporation: (i) organized or incorporated under the laws of any foreign jurisdiction; and (ii) formed by a
    U.S. Person principally for the purpose of investing in securities not registered under the Securities Act, unless it is organized
    or incorporated, and owned, by accredited investors (as defined in Rule 501(a) under the Act) who are not natural persons,
    estates or trusts.
	 	 	 
	 	And,
    in addition:
	 	 
	 	I.	the
    Purchaser was not offered the Units in the United States;
	 	 	 
	 	J.	at
    the time the buy-order for the Units was originated, the Purchaser was outside the United States; and
	 	 	 
	 	K.	the
    Purchaser is purchasing the Units for its own account and not on behalf of any U.S. Person (as defined in Regulation S) and
    a sale of the Units has not been pre-arranged with a purchaser in the United States.Exhibit
10.2

 

Exhibit
A-1

Subscription
Agreement for Accredited Investors

(Attached)

 

    	 Exhibit A-1 - Page 1

    	 

    

 

Resonate
Blends, Inc.

 

 Subscription
Agreement for Accredited Investors 

 

 

This
Subscription Agreement should be used only by investors who are investing on the basis of

being
an “Accredited Investor” (as defined below).

 

Investors
who are investing on the basis of being a “Non-U.S. Person” should complete the

Subscription
Agreement attached to the Memorandum (as defined below) as Exhibit A-2.

 

Together
with this Subscription Agreement, please compete and return the Investor

Representation
and Suitability Questionnaire attached to the Memorandum as Exhibit E.

 

 

 

The
undersigned “Subscriber”, on the terms and conditions herein set forth, hereby irrevocably submits this subscription
agreement (the “Subscription Agreement”) to Resonate Blends, Inc., a Nevada corporation (the “Company”),
in connection with a private offering by the Company (the “Offering”) to raise a maximum of $2,000,000 through the
sale to Subscriber as an “accredited investor” (as defined below) of “Units” of securities of the Company
(each a “Unit” and collectively the “Units”), as described in the Confidential Private Placement Memorandum
for Accredited Investors and Non-U.S. Persons, dated as of January 12, 2021 (the “Memorandum”) at $25,000 per Unit.

 

The
minimum subscription per investor is $25,000 for 1 Unit, provided that the Company may elect to accept subscriptions in a lesser
amount in its sole discretion.

 

	1.	Subscription
                                         for the Purchase of Units.

 

The
undersigned hereby subscribes to purchase ______________ Units at $25,000 per Unit for a total subscription of US$___________________
(the “Subscription Price”). In this regard, the Subscriber agrees to forward payment in the amount of the Subscription
Price by wiring payment of the Subscription Price in accordance with the information set forth below:

 

For
financial institutions in the United States, give your bank this information:

 

Send
to:

 

Sutter
Securities Clearing

6
Venture, Suite 395

Irvine,
CA 92618

Account
#45250040

 

For
the benefit of: 

 

(Your
Name and/or Business Entity)

Your
street address

City,
State Zip

United
States

 

Phone
Number/email address

 

    	 Exhibit A-1 - Page 2

    	 

    

 

For
financial institutions outside the United States, give your bank this information:

 

Send
to:

 

Sutter
Securities Clearing

6
Venture, Suite 395

Irvine,
CA 92618

Account
#45250040

 

For
the benefit of:

 

(Your
Name and/or Business Entity)

Your
street address

City,
State Zip

United
States

Phone
Number/email address

 

You
must also deliver a fully completed and executed copy of this Subscription Agreement, the Note, the Warrant and the Registration
Rights Agreement, as attached to the Memorandum, to the Placement Agent at:

 

Boustead
Securities LLC

6
Venture, Suite 395

Irvine,
CA 92618

 

The
Company’s private offering of Units is being made to “accredited” investors within the meaning of Rule 506 of
Regulation D promulgated by the Securities Exchange Commission under the Securities Act of 1933, as amended (the “Securities
Act”) and to non-U.S. Persons in an “offshore transaction,” as defined in Rule 902 of Regulation S promulgated
under the Securities Act. (This Subscription Agreement should be used only by Subscribers investing on the basis of being an
Accredited Investor. Subscribers investing on the basis of being a Non-U.S. Person should complete the Subscription Agreement
attached to the Memorandum as Exhibit A-2.)

 

You
as an individual or you on behalf of the subscribing entity are being asked to complete this Subscription Agreement so that a
determination can be made as to whether or not you (or it) are qualified to purchase the Units under applicable federal and state
securities laws. Your answers to the questions contained herein must be true and correct in all respects, and a false representation
by you may constitute a violation of law for which a claim for damages may be made against you. 

 

Your
answers will be kept strictly confidential; however, by signing this Subscription Agreement, you will be authorizing the Company
to present a completed copy of this Subscription Agreement to such parties as they may deem appropriate in order to make certain
that the offer and sale of the securities will not result in a violation of the Securities Act or of the securities laws of any
state.

 

All
questions must be answered. If the appropriate answer is “None” or “Not Applicable,” please state so.
Please print or type your answers to all questions and attach additional sheets if necessary to complete your answers to any item.
Please initial any corrections.

 

	2.	Offer
                                         to Purchase. Subscriber hereby irrevocably offers to purchase the Units and tenders
                                         herewith the total price noted above. Subscriber recognizes and agrees that (i) this
                                         subscription is irrevocable and, if Subscriber is a natural person, shall survive Subscriber’s
                                         death, disability or other incapacity, and (ii) the Company has complete discretion to
                                         accept or to reject this Subscription Agreement in its entirety and shall have no liability
                                         for any rejection of this Subscription Agreement. This Subscription Agreement shall be
                                         deemed to be accepted by the Company only when it is executed by the Company.

 

    	 Exhibit A-1 - Page 3

    	 

    

 

	3.	Effect
                                         of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s
                                         acceptance of this Subscription Agreement, it shall become a binding and fully enforceable
                                         agreement between the Company and the Subscriber. As a result, upon acceptance by the
                                         Company of this Subscription Agreement, Subscriber will become the record and beneficial
                                         holder of the Units and the Company will be entitled to receive the purchase price of
                                         the Units as specified herein.

 

	4.	Additional
                                         Representations and Warranties of Subscriber. Subscriber hereby represents and warrants
                                         to the Company as follows:

 

		(a)	Subscriber
                                         has been furnished the Confidential Private Placement Memorandum for Accredited Investors
                                         and Non-U.S. Persons of the Company, dated as of January 12, 2021 (the “Memorandum”)
                                         and, if requested by the Subscriber, other documents related to the Company and its operations.
                                         The Subscriber has carefully read the Memorandum and any such other requested documents.
                                         Subscriber has been furnished with all documents and materials relating to the business,
                                         finances and operations of the Company and information that Subscriber requested and
                                         deemed material to making an informed investment decision regarding its purchase of the
                                         Units. Subscriber has been afforded the opportunity to review such documents and materials
                                         and the information contained therein. Subscriber has been afforded the opportunity to
                                         ask questions of the Company and its management. Subscriber understands that such discussions,
                                         as well as any written information provided by the Company, were intended to describe
                                         the aspects of the Company’s business and prospects which the Company believes
                                         to be material, but were not necessarily a thorough or exhaustive description, and except
                                         as expressly set forth in this Subscription Agreement, the Company makes no representation
                                         or warranty with respect to the completeness of such information and makes no representation
                                         or warranty of any kind with respect to any information provided by any entity other
                                         than the Company. Some of such information may include projections as to the future performance
                                         of the Company, which projections may not be realized, may be based on assumptions which
                                         may not be correct and may be subject to numerous factors beyond the Company’s
                                         control. Additionally, Subscriber understands and represents that Subscriber is purchasing
                                         the Units notwithstanding the fact that the Company may disclose in the future certain
                                         material information that the Subscriber has not received, including the financial results
                                         of the Company for their current fiscal quarters. Neither such inquiries nor any other
                                         due diligence investigations conducted by such Subscriber shall modify, amend or affect
                                         such Subscriber’s right to rely on the Company’s representations and warranties,
                                         if any, contained in this Subscription Agreement. Subscriber has sought such accounting,
                                         legal and tax advice as it has considered necessary to make an informed investment decision
                                         with respect to its investment in the Units. Subscriber has full power and authority
                                         to make the representations referred to herein, to purchase the Units and to execute
                                         and deliver this Subscription Agreement.

 

		(b)	Subscriber
                                         has read and understood, and is familiar with, this Subscription Agreement, the Units
                                         and the business and financial affairs of the Company.

 

    	 Exhibit A-1 - Page 4

    	 

    

 

		(c)	Subscriber,
                                         either personally, or together with Subscriber’s advisors (other than any securities
                                         broker/dealers who may receive compensation from the sale of any of the Units), has such
                                         knowledge and experience in financial and business matters as to be capable of evaluating
                                         the merits and risks of an investment in the Units, is able to bear the risks of an investment
                                         in the Units and understands the risks of, and other considerations relating to, a purchase
                                         of a Unit, including the matters set forth under the caption “Risk Factors”
                                         in the Memorandum. The Subscriber and its advisors have had a reasonable opportunity
                                         to ask questions of and receive answers from the Company concerning the Units. Subscriber’s
                                         financial condition is such that Subscriber is able to bear the risk of holding the Units
                                         that Subscriber may acquire pursuant to this Agreement, for an indefinite period of time,
                                         and the risk of loss of Subscriber’s entire investment in the Company.

 

		(d)	Subscriber
                                         has investigated the acquisition of the Units to the extent Subscriber deemed necessary
                                         or desirable and the Company has provided Subscriber with any reasonable assistance Subscriber
                                         has requested in connection therewith.

 

		(e)	The
                                         Units are being acquired for Subscriber’s own account for investment, with no intention
                                         by Subscriber to distribute or sell any portion thereof within the meaning of the Securities
                                         Act, and will not be transferred by Subscriber in violation of the Securities Act or
                                         the then applicable rules or regulations thereunder. No one other than Subscriber has
                                         any interest in or any right to acquire the Units. Subscriber understands and acknowledges
                                         that the Company will have no obligation to recognize the ownership, beneficial or otherwise,
                                         of the Units by anyone but Subscriber.

 

		(f)	No
                                         representations or warranties have been made to Subscriber by the Company, or any representative
                                         of the Company, or any securities broker/dealer, other than as set forth in this Subscription
                                         Agreement.

 

		(g)	Subscriber
                                         is aware that Subscriber’s rights to transfer the Units is restricted by the Securities
                                         Act and applicable state securities laws, and Subscriber will not offer for sale, sell
                                         or otherwise transfer the Units without registration under the Securities Act and qualification
                                         under the securities laws of all applicable states, unless such sale would be exempt
                                         therefrom.

 

		(h)	Subscriber
                                         understands and agrees that the Units it acquires have not been registered under the
                                         Securities Act or any state securities act in reliance on exemptions therefrom and that
                                         the Company has no obligation to register any of the Units offered by the Company.

 

		(i)	The
                                         Subscriber has had an opportunity to ask questions of, and receive answers from, representatives
                                         of the Company concerning the terms and conditions of this investment and all such questions
                                         have been answered to the full satisfaction of the undersigned. Subscriber understands
                                         that no person other than the Company has been authorized to make any representation
                                         and if made, such representation may not be relied on unless it is made in writing and
                                         signed by the Company. The Company has not, however, rendered any investment advice to
                                         the undersigned with respect to the suitability.

 

    	Exhibit A-1 - Page 5

    	 

    

 

		(j)	Subscriber
                                         understands that the certificates or other instruments representing the Units shall bear
                                         a restrictive legend in substantially the following form (and a stop transfer order may
                                         be placed against transfer of such certificates):

 

THE
SECURITIES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”),
OR APPLICABLE STATE SECURITIES LAWS, AND NO INTEREST MAY BE SOLD, DISTRIBUTED, ASSIGNED, OFFERED, PLEDGED OR OTHERWISE TRANSFERRED
UNLESS (A) THERE IS AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS COVERING ANY SUCH TRANSACTION
INVOLVING SAID SECURITIES, (B) THIS CORPORATION RECEIVES AN OPINION OF LEGAL COUNSEL FOR THE HOLDER OF THESE SECURITIES SATISFACTORY
TO THIS CORPORATION STATING THAT SUCH TRANSACTION IS EXEMPT FROM REGISTRATION, OR (C) THIS CORPORATION OTHERWISE SATISFIES ITSELF
THAT SUCH TRANSACTION IS EXEMPT FROM REGISTRATION.

 

		(k)	Subscriber
                                         also acknowledges and agrees that an investment in the Units is highly speculative and
                                         involves a high degree of risk of loss of the entire investment in the Company and there
                                         is no assurance that a public market for the Securities will be available and that, as
                                         a result, Subscriber may not be able to liquidate Subscriber’s investment in the
                                         Units should a need arise to do so.

 

		(l)	Subscriber
                                         is not dependent for liquidity on any of the amounts Subscriber is investing in the Units.

 

		(m)	Subscriber
                                         represents, warrants and confirms that Subscriber is not a “broker” or “dealer”
                                         as defined in the Securities Act of 1934, as amended, and the rules and regulations thereunder,
                                         and is not required to be registered as such with the United States Securities and Exchange
                                         Commission, the Financial Industry Regulatory Authority or any other self-regulatory
                                         organization. Subscriber acknowledges and agrees that neither the Company nor any of
                                         its legal counsel has advised Subscriber with respect to the representations, warranties
                                         and confirmations herein and that Subscriber is undertaking the actions as contemplated
                                         herein having received such other legal advice and counsel as Subscriber has determined
                                         to be necessary in connection therewith.

 

		(n)	Subscriber
                                         has full power and authority to make the representations referred to herein, to purchase
                                         the Units and to execute and deliver this Subscription Agreement.

 

		(o)	Subscriber
                                         understands that the foregoing representations and warranties are to be relied upon by
                                         the Company as a basis for the exemptions from registration and qualification of the
                                         sale of the Units under the federal and state securities laws and for other purposes.

 

	5.	Representations
                                         and Warranties Regarding Patriot Act; Anti-Money Laundering; OFAC. The Subscriber
                                         should check the Office of Foreign Assets Control (“OFAC”) website at http://www.treas.gov/ofac
                                         before making the following representations. Subscriber hereby represents and warrants
                                         to the Company as follows:

 

		(a)	The
                                         Subscriber represents that (i) no part of the funds used by the Subscriber to acquire
                                         the Units or to satisfy his/her capital commitment obligations with respect thereto has
                                         been, or shall be, directly or indirectly derived from, or related to, any activity that
                                         may contravene United States federal or state or non-United States laws or regulations,
                                         including anti-money laundering laws and regulations, and (ii) no capital commitment,
                                         contribution or payment to the Company by the Subscriber and no distribution to the Subscriber
                                         shall cause the Company to be in violation of any applicable anti-money laundering laws
                                         or regulations including, without limitation, Title III of the Uniting and Strengthening
                                         America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA
                                         PATRIOT ACT) Act of 2001 and the United States Department of the Treasury Office of Foreign
                                         Assets Control regulations. The Subscriber acknowledges and agrees that, notwithstanding
                                         anything to the contrary contained in the Memorandum or any other agreement, to the extent
                                         required by any anti-money laundering law or regulation, the Company may prohibit capital
                                         contributions, restrict distributions or take any other reasonably necessary or advisable
                                         action with respect to the Units, and the Subscriber shall have no claim, and shall not
                                         pursue any claim, against the Company or any other person in connection therewith. U.S.
                                         federal regulations and executive orders administered by OFAC prohibit, among other things,
                                         the engagement in transactions with, and the provision of services to, certain foreign
                                         countries, territories, entities and individuals. The lists of OFAC prohibited countries,
                                         territories, persons and entities can be found on the OFAC website at http://www.treas.gov/ofac.
                                         In addition, the programs administered by OFAC (the “OFAC Programs”) prohibit
                                         dealing with individuals1 or entities in certain countries regardless of
                                         whether such individuals or entities appear on the OFAC lists.

 

 

1 These individuals
include specially designated nationals, specially designated narcotics traffickers and other parties subject to OFAC sanctions
and embargo programs.

 

    	 Exhibit A-1 - Page 6

    	 

    

 

		(b)	To
                                         the best of the Subscriber’s knowledge, none of: (1) the Subscriber; (2) any person
                                         controlling or controlled by the Subscriber; (3) if the Subscriber is a privately-held
                                         entity, any person having a beneficial interest in the Subscriber; or (4) any person
                                         for whom the Subscriber is acting as agent or nominee in connection with this investment
                                         is a country, territory, individual or entity named on an OFAC list, or a person or entity
                                         prohibited under the OFAC Programs. Please be advised that the Company may not accept
                                         any amounts from a prospective investor if such prospective investor cannot make the
                                         representation set forth in this paragraph. The Subscriber agrees to promptly notify
                                         the Company should the Subscriber become aware of any change in the information set forth
                                         in these representations. The Subscriber understands and acknowledges that, by law, the
                                         Company may be obligated to “freeze the account” of the Subscriber, either
                                         by prohibiting additional subscriptions from the Subscriber, declining any redemption
                                         requests and/or segregating the assets in the account in compliance with governmental
                                         regulations, and any broker may also be required to report such action and to disclose
                                         the Subscriber’s identity to OFAC. The Subscriber further acknowledges that the
                                         Company may, by written notice to the Subscriber, suspend the redemption rights, if any,
                                         of the Subscriber if the Company reasonably deems it necessary to do so to comply with
                                         anti-money laundering regulations applicable to the Company or any Broker or any of the
                                         Company’s other service providers. These individuals include specially designated
                                         nationals, specially designated narcotics traffickers and other parties subject to OFAC
                                         sanctions and embargo programs.

 

		(c)	To
                                         the best of the Subscriber’s knowledge, none of: (1) the Subscriber; (2) any person
                                         controlling or controlled by the Subscriber; (3) if the Subscriber is a privately-held
                                         entity, any person having a beneficial interest in the Subscriber; or (4) any person
                                         for whom the Subscriber is acting as agent or nominee in connection with this investment
                                         is a senior foreign political figure2, or any immediate family3
                                         member or close associate4 of a senior foreign political figure, as such
                                         terms are defined in the footnotes below.

 

 

2 A “senior
foreign political figure” is defined as a senior official in the executive, legislative, administrative, military or judicial
branches of a foreign government (whether elected or not), a senior official of a major foreign political party, or a senior executive
of a foreign government-owned corporation. In addition, a “senior foreign political figure” includes any corporation,
business or other entity that has been formed by, or for the benefit of, a senior foreign political figure.

 

3 “Immediate
family” of a senior foreign political figure typically includes the figure’s parents, siblings, spouse, children and
in-laws.

 

4 A “close
associate” of a senior foreign political figure is a person who is widely and publicly known to maintain an unusually close
relationship with the senior foreign political figure, and includes a person who is in a position to conduct substantial domestic
and international financial transactions on behalf of the senior foreign political figure.

 

    	 Exhibit A-1 - Page 7

    	 

    

 

		(d)	If
                                         the Subscriber is affiliated with a non-U.S. banking institution (a “Foreign Bank”),
                                         or if the Subscriber receives deposits from, makes payments on behalf of, or handles
                                         other financial transactions related to a Foreign Bank, the Subscriber represents and
                                         warrants to the Company that: (1) the Foreign Bank has a fixed address, other than solely
                                         an electronic address, in a country in which the Foreign Bank is authorized to conduct
                                         banking activities; (2) the Foreign Bank maintains operating records related to its banking
                                         activities; (3) the Foreign Bank is subject to inspection by the banking authority that
                                         licensed the Foreign Bank to conduct banking activities; and (4) the Foreign Bank does
                                         not provide banking services to any other Foreign Bank that does not have a physical
                                         presence in any country and that is not a regulated affiliate.

 

		(e)	The
                                         Subscriber acknowledges that, to the extent applicable, the Company will seek to comply
                                         with the Foreign Account Tax Compliance Act provisions of the U.S. Internal Revenue Code
                                         and any rules, regulations, forms, instructions or other guidance issued in connection
                                         therewith (the “FATCA Provisions”). In furtherance of these efforts, the
                                         Subscriber agrees to promptly deliver any additional documentation or information, and
                                         updates thereto as applicable, which the Company may request in order to comply with
                                         the FATCA Provisions. The Subscriber acknowledges and agrees that, notwithstanding anything
                                         to the contrary contained in the Memorandum, any side letter or any other agreement,
                                         the failure to promptly comply with such requests, or to provide such additional information,
                                         may result in the withholding of amounts with respect to, or other limitations on, distributions
                                         made to the Subscriber and such other reasonably necessary or advisable action by the
                                         Company with respect to the Units (including, without limitation, required withdrawal),
                                         and the Subscriber shall have no claim, and shall not pursue any claim, against the Company
                                         or any other person in connection therewith

 

		(f)	The
                                         foregoing representations and warranties are true and accurate as of the date hereof
                                         and shall survive such date. If any of the above representations and warranties shall
                                         cease to be true and accurate prior to the acceptance of this Subscription Agreement,
                                         Subscriber shall give prompt notice of such fact to the Company by telegram, or facsimile
                                         or e-mail, specifying which representations and warranties are not true and accurate
                                         and the reasons therefor.

 

		6.	Representations
                                         and Warranties of the Company. The Company hereby represents and warrants to the
                                         Subscriber as follows:

 

		(a)	The
                                         Company is a corporation duly organized, validly existing and in good standing under
                                         the laws of the State of Nevada, having full power and authority to own its properties
                                         and carry on its business as conducted.

 

    	 Exhibit A-1 - Page 8

    	 

    

 

		(b)	The
                                         Company has the requisite power and authority to deliver this Agreement, perform its
                                         obligations herein and consummate the transactions contemplated hereby.

 

		(c)	The
                                         Note and Warrant to be issued to the Subscriber pursuant to this Agreement, when issued
                                         and delivered in accordance with the terms of this Agreement, will be duly authorized,
                                         validly issued, fully paid and non-assessable.

 

		(d)	The
                                         Company has timely filed all reports, schedules, forms, statements and other documents
                                         required to be filed by it with the Securities and Exchange Commission (the “SEC”)
                                         pursuant to the reporting requirements of the Securities Exchange Act of 1934, as amended
                                         (the “1934 Act”) (all of the foregoing filed prior to the date hereof and
                                         all exhibits included therein and financial statements and schedules thereto and documents
                                         (other than exhibits to such documents) incorporated by reference therein, being hereinafter
                                         referred to herein as the “SEC Documents”), other than for any late filings
                                         which would not reasonably be expected to materially and adversely affect the Company.
                                         As of their respective dates, the SEC Documents complied in all material respects with
                                         the requirements of the 1934 Act and the rules and regulations of the SEC promulgated
                                         thereunder applicable to the SEC Documents, and none of the SEC Documents, at the time
                                         they were filed with the SEC, contained any untrue statement of a material fact or omitted
                                         to state a material fact required to be stated therein or necessary in order to make
                                         the statements therein, in light of the circumstances under which they were made, not
                                         misleading. None of the statements made in any such SEC Documents is, or has been, required
                                         to be amended or updated under applicable law (except for such statements as have been
                                         amended or updated in subsequent filings prior the date hereof). As of their respective
                                         dates, the financial statements of the Company included in the SEC Documents complied
                                         as to form in all material respects with applicable accounting requirements and the published
                                         rules and regulations of the SEC with respect thereto. Such financial statements have
                                         been prepared in accordance with United States generally accepted accounting principles,
                                         consistently applied, during the periods involved and fairly present in all material
                                         respects the consolidated financial position of the Company and its consolidated subsidiaries
                                         as of the dates thereof and the consolidated results of their operations and cash flows
                                         for the periods then ended (subject, in the case of unaudited statements, to normal year-end
                                         audit adjustments). Except as set forth in the financial statements of the Company included
                                         in the SEC Documents, the Company has no liabilities, contingent or otherwise, other
                                         than (i) liabilities incurred in the ordinary course of business subsequent to December
                                         31, 2019, and (ii) obligations under contracts and commitments incurred in the ordinary
                                         course of business and not required under generally accepted accounting principles to
                                         be reflected in such financial statements, which, individually or in the aggregate, are
                                         not material to the financial condition or operating results of the Company. The Company
                                         is subject to the reporting requirements of the 1934 Act.

 

		(e)	All
                                         information relating to or concerning the Company or any of its subsidiaries set forth
                                         in this Agreement and provided to the Subscriber pursuant to Section 5 hereof and otherwise
                                         in connection with the transactions contemplated hereby is true and correct in all material
                                         respects and the Company has not omitted to state any material fact necessary in order
                                         to make the statements made herein or therein, in light of the circumstances under which
                                         they were made, not misleading. No event or circumstance has occurred or exists with
                                         respect to the Company or any of its subsidiaries or its or their business, properties,
                                         prospects, operations or financial conditions, which, under applicable law, rule or regulation,
                                         requires public disclosure or announcement by the Company but which has not been so publicly
                                         announced or disclosed.

 

    	 Exhibit A-1 - Page 9

    	 

    

 

		7.	Indemnification.
                                         Subscriber acknowledges that Subscriber understands the meaning and legal consequences
                                         of the representations and warranties made by Subscriber herein, and that the Company
                                         is relying on such representations and warranties in making the determination to accept
                                         or reject this Subscription Agreement. Subscriber hereby agrees to indemnify and hold
                                         harmless the Company and each employee and agent thereof from and against any and all
                                         losses, damages or liabilities due to or arising out of a breach of any representation
                                         or warranty of Subscriber contained in this Subscription Agreement. The Company agrees
                                         that if any of the representations or warranties set forth in this Section 7 shall be
                                         false or misleading in any material respect, and in addition to any other remedies available
                                         to the Subscriber pursuant to this Agreement, it will be considered an Event of Default
                                         under the Note. Except for the Placement Agent, who is an intended third party beneficiary
                                         of this Agreement and who may rely on all of the representations and warranties of the
                                         Company made in this Agreement as if such representations and warranties were made directly
                                         to the Placement Agent, this Agreement is intended for the benefit of the parties hereto
                                         and their respective permitted successors and assigns, and is not for the benefit of,
                                         nor may any provision hereof be enforced by, any other Person.

 

		8.	Transferability.
                                         Subscriber agrees not to transfer or assign this Subscription Agreement, or any interest
                                         herein, and further agrees that the assignment and transferability of the Units acquired
                                         pursuant hereto shall be made only in accordance with applicable federal and state securities
                                         laws.

 

		9.	Termination
                                         of Agreement; Return of Funds. In the event that, for any reason, this Subscription
                                         Agreement is rejected in its entirety by the Company, this Subscription Agreement shall
                                         be null and void and of no further force and effect, and no party shall have any rights
                                         against any other party hereunder. In the event that the Company rejects this Subscription
                                         Agreement, the Company shall promptly return or cause to be returned to Subscriber any
                                         money tendered hereunder without interest or deduction.

 

		10.	Notices.
                                         All notices or other communications given or made hereunder shall be in writing and
                                         shall be delivered or mailed by registered or certified mail, return receipt requested,
                                         postage prepaid, or delivered by, facsimile or e-mail to Subscriber at the address set
                                         forth in the Investor Representation and Suitability Questionnaire attached to the Memorandum
                                         as Exhibit E (the “Questionnaire”) and to the Company at the address set
                                         forth on the first page of this Agreement, or at such other place as the Company may
                                         designate by written notice to Subscriber.

 

		11.	Agreement
                                         and Amendments. This Subscription Agreement shall be read, interpreted and enforced
                                         in conjunction with the Questionnaire and any references herein to this “Subscription
                                         Agreement” shall be deemed to refer to this document together with the Questionnaire.
                                         Neither this Subscription Agreement nor any term hereof may be changed, waived, discharged
                                         or terminated except in a writing signed by Subscriber and the Company.

 

		12.	Governing
                                         Law. This Subscription Agreement and all amendments hereto shall be governed by and
                                         construed in accordance with the laws of the State of Nevada without application of the
                                         conflicts of laws provisions thereof.

 

		13.	Headings.
                                         The headings in this Subscription Agreement are for convenience of reference, and
                                         shall not by themselves determine the meaning of this Subscription Agreement or of any
                                         part hereof.

 

		14.	Counterparts.
                                         This Subscription Agreement may be executed in any number of counterparts with the
                                         same force and effect as if all parties had executed the same document. The execution
                                         and delivery of a facsimile or other electronic transmission of this Subscription Agreement
                                         shall constitute delivery of an executed original and shall be binding upon the person
                                         whose signature appears on the transmitted copy.

 

		15.	Continuing
                                         Obligation of Subscriber to Confirm Investor Status. Upon the request of the Company
                                         and for as long as the Subscriber holds Units or other securities in the Company, the
                                         Subscriber shall confirm Subscriber’s investor status as an “Accredited Investor,”
                                         as defined by the Securities and Exchange Commission at the time of such request. In
                                         connection therewith, the Company shall deliver to the Subscriber a questionnaire that
                                         elicits the necessary information to determine the Subscriber’s investor status.
                                         Upon receipt of the questionnaire, the Subscriber shall: (i) complete it, (ii) execute
                                         the signature page therein, and (iii) return it to the Company, or its designee, in accordance
                                         with the instructions therein, no later than ten (10) days after receipt of the questionnaire.

 

[Remainder
of page intentionally left blank. Signatures appear on the following pages.]

 

    	 Exhibit A-1 - Page 10

    	 

    

 

INDIVIDUALS

 

In
witness whereof, the parties hereto have executed this Agreement as of the dates set forth below.

 

Dated:____________,
2021.

 

Signature(s):___________________________________________

 

Name(s)
(Please Print):__________________________________

 

Signature(s):___________________________________________

 

Name(s)
(Please Print):__________________________________

 

ACCEPTANCE

 

Resonate
Blends, Inc.

 

Date:
____________, 2021.

 

	By:	 	 
	Name:	Geoffrey
    Selzer	 
	Title:	Chief
    Executive Officer 	 

 

    	 Exhibit A-1 - Page 11

    	 

    

 

CORPORATIONS,
PARTNERSHIPS, TRUSTS OR OTHER ENTITIES

 

In
witness whereof, the parties hereto have executed this Agreement as of the dates set forth below.

 

Dated:____________,
2021.

 

Name
of Purchaser (Please Print): ____________________________________

 

By:___________________________________

 

Name
(Please Print):____________________________________

 

Title:____________________________________

 

ACCEPTANCE

Resonate
Blends, Inc.

 

Date:
____________, 2021.

 

	By:	 	 
	Name:	Geoffrey
    Selzer	 
	Title:	Chief
    Executive Officer 	 

 

    	 Exhibit A-1 - Page 12

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