Document:

Exhibit 4.3

 

CABINET GROW, INC.

 

CLASS A PREFERRED STOCK
PURCHASE AGREEMENT

 

This
Class A Preferred Stock Purchase Agreement (this “Agreement”)
is made and entered into as of June 6, 2014 (the “Effective Date”), by and between Cabinet Grow, Inc.,
a Nevada corporation (the “Company”), and Matt Lee, an individual (the “Purchaser”).

 

Recitals

 

Whereas,
the Company desires to issue and sell Class A Preferred Stock of the Company, par value $0.001 (the “Preferred Stock”),
on the terms and conditions set forth herein, and has authorized such sale and issuance; and

 

Whereas,
the Purchaser desires to purchase such Preferred Stock on the terms and conditions set forth herein.

 

Agreement

 

Now,
Therefore, in consideration of the foregoing recitals and the mutual promises, representations, warranties, and covenants
hereinafter set forth and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
the parties hereto agree as follows:

 

1.Agreement
To Sell And Purchase.

 

The Purchaser hereby agrees
to purchase, and the Company hereby agrees to sell and issue to the Purchaser, fifty (50) shares (the “Shares”)
of newly issued Preferred Stock of the Company, at a purchase price of One Dollar ($1.00) per share for a total payment of Fifty
and 00/100 Dollars ($50.00) (the “Purchase Price”).

 

2.Closing,
Delivery And Payment.

 

The closing of the sale
and purchase of the Shares under this Agreement (the “Closing”) will take place on the Effective Date,
or at such other time as the parties may otherwise agree. The payment of the Purchase Price shall be made by Purchaser no later
than 4:00 PM on the Effective Date by check or wire transfer of immediately available funds to such account as may be designated
by the Company. Upon receipt of the Purchase Price, Seller will issue a certificate evidencing the Shares to the Purchaser. At
Closing, the Company will cause to be executed and delivered to the Purchaser a fully executed secretary’s certificate and
written consent of directors evidencing the Company’s approval of this Agreement.

 

3.Representations
and Warranties of the Company.

 

The
Company hereby represents and warrants to the Purchaser that as of the Closing hereunder: 

 

(a) The Company
is a corporation duly organized, validly existing and in good standing under the laws of the State of Nevada and has all necessary
corporate power and authority to (i) own, operate and occupy its properties and to carry on its business as presently conducted,
and (ii) enter into this Agreement and the other agreements, instruments and documents contemplated hereby, and to consummate the
transactions contemplated hereby and thereby. The Company is qualified to do business and is in good standing in each jurisdiction
in which the failure to so qualify would have a material adverse effect.

 

(b) All necessary
corporate proceedings, votes, resolutions and approvals relating to the issuance and sale of the Shares will have been completed
by the Company. Upon execution, this Agreement will constitute a valid and legally binding obligation of the Company, enforceable
in accordance with its terms except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium, and other
laws of general application affecting enforcement of creditors’ rights generally, and (ii) as limited by laws relating to
the availability of specific performance, injunctive relief or other equitable remedies.

 

(c) The Shares purchased pursuant
to this Agreement will be, upon payment by the Purchaser in accordance with this Agreement, duly authorized, validly issued, fully
paid, non-assessable, and free of all liens, claims and encumbrances.

 

4.Representations
and Warranties of the Purchaser. 

 

The Purchaser hereby represents
and warrants to the Company that as of the Closing hereunder:

 

(a) The Purchaser
has full power and authority to enter into this Agreement. Upon execution, this Agreement will constitute a valid and legally binding
obligation of the Purchaser, enforceable in accordance with its terms except (i) as limited by applicable bankruptcy, insolvency,
reorganization, moratorium, and other laws of general application affecting enforcement of creditors’ rights generally, and
(ii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.

 

(b) The Shares
will be acquired for investment for the Purchaser’s own account, not as a nominee or agent, and not with a view to the resale
or distribution of any part thereof, and the Purchaser has no present intention of selling, granting any participation in or otherwise
distributing the same except in compliance with applicable U.S. securities laws.

 

(c) The Purchaser
is an “accredited investor” within the meaning of Rule 501 of Regulation D promulgated under the Securities
Act of 1933, as amended (the “Securities Act”).

 

(d) The Purchaser
is an experienced investor in securities of companies in the development stage, can bear the economic risk of its investment, including
a total loss, and has such knowledge and experience in financial or business matters that it is capable of evaluating the merits
and risks of the investment in the Shares. The Purchaser has conducted its own due diligence review of the Company and received
copies or originals of all documents it has requested from the Company.

 

(e) The Purchaser
understands that the issuance of the Shares has not been, and will not be, registered under the Securities Act, by reason of a
specific exemption from the registration provisions of the Securities Act which depends upon, among other things, the bona fide
nature of the investment intent and the accuracy of the Purchaser’s representations as expressed herein. The Purchaser understands
that the Shares are characterized as “restricted securities” under applicable U.S. federal and state securities
laws and that, pursuant to these laws, the Purchaser must hold the Shares indefinitely unless subsequently registered for resale
with the Securities and Exchange Commission and qualified by state authorities, or an exemption from such registration and qualification
requirements is available.

 

5.Legends.

 

The parties understand
and agree that the Shares will not be registered at the time of issuance, and the certificates evidencing the Shares may bear the
following legends (or a substantially similar legend) and such other legends as may be required by applicable laws of any state
or foreign jurisdiction:

 

“THESE SECURITIES
HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”). THEY MAY NOT BE SOLD, OFFERED FOR
SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO SUCH SECURITIES UNDER THE ACT OR UNLESS
SUCH TRANSACTION IS EXEMPT FROM REGISTRATION UNDER APPLICABLE FEDERAL AND STATE SECURITIES LAWS.”

 

6.Miscellaneous.

 

6.1Governing Law.
This Agreement will be governed by and construed in accordance with the laws of the State of Nevada, without regard to principles
of conflicts of law. The parties hereby agree that any legal action, suit or proceeding arising out of or relating to this Agreement
will be brought in federal or state court located in Nevada.

 

6.2Entire Agreement;
Amendments. This Agreement constitutes the full and entire understanding and agreement between the parties with regard to the
subjects hereof and thereof. Except as otherwise expressly provided herein, neither this Agreement nor any term hereof may be amended,
waived, discharged or terminated, except by a written instrument signed by the Company and the Purchaser.

 

6.3Notices.
Any notices, consents, waivers or other communications required or permitted to be given under the terms of this Agreement must
be in writing and will be deemed to be effective upon delivery when delivered (a) personally; (b) by facsimile, provided a positive
transmission report is received and a copy is mailed no later than the next business day through a nationally recognized overnight
delivery service; (c) by overnight delivery with a nationally recognized overnight delivery service, in each case properly addressed
to the party to receive the same. The addresses and facsimile numbers for such communications will be,

 

in the case of the Purchaser:

 

Matt Lee

17801 Main Street #E

Irvine, California 92614

 

and in the case of the Company:

 

Cabinet Grow, Inc.

17801 Main Street #E

Irvine, California 92614

 

or at such other address and facsimile number
as the receiving party will have furnished to the sending party in writing.

 

6.4Survival.
The representations, warranties, covenants and agreements made and incorporated by reference herein will survive any investigation
made by or on behalf of the Purchaser or the Company, and will survive until the later of two years after the Effective Date or
such time as the Redemption Amount, if any, has been paid in full.

 

6.5Successors and
Assigns. Except as otherwise expressly provided herein, the provisions hereof will inure to the benefit of, and be binding
upon, the respective successors, assigns, heirs, executors and administrators of the parties hereto. The Purchaser may transfer
or assign all or any portion of its rights under this Agreement to any person or entity permitted under applicable securities laws.

 

6.6Interpretations.
All pronouns and any variations thereof will be deemed to refer to the masculine, feminine, neuter, singular or plural, as the
identity of the person or persons or entity or entities may require. All references to “$” or dollars herein will be
construed to refer to United States dollars. The titles of the Sections and subsections of this Agreement are for convenience or
reference only and are not to be considered in construing this Agreement. All references to “including” shall be deemed
to mean “including, without limitation.”

 

6.7Severability.
In case any provision of this Agreement is determined to be invalid, illegal or unenforceable, the validity, legality and enforceability
of the remaining provisions will not in any way be affected or impaired thereby.

 

6.8Attorneys’
Fees. In the event of any action at law or in equity to enforce or interpret the terms of this Agreement or collect any amounts
owed hereunder, the parties agree that the party who is awarded the most money shall be deemed the prevailing party for all purposes
and shall therefore be entitled to an additional award of the full amount of the attorneys’ fees and expenses paid by such
prevailing party in connection with the litigation, collection and/or dispute without reduction or apportionment based upon the
individual claims or defenses giving rise to the fees and expenses. Nothing herein shall restrict or impair a court’s power
to award fees and expenses for frivolous or bad faith pleading. 

 

6.9Counterparts.
This Agreement may be executed in counterparts, each of which when so executed and delivered will constitute a complete and original
instrument but all of which together will constitute one and the same agreement, and it will not be necessary when making proof
of this Agreement or any counterpart thereof to account for any counterpart other than the counterpart of the party against whom
enforcement is sought.

 

 

 

[signatures
on following page]

 

    	 

    	 

    

In
Witness Whereof, the parties hereto have executed this Class
A Preferred Stock Purchase Agreement as of the date set forth in the first paragraph hereof.

 

 

	
        COMPANY:

         

        Cabinet
        Grow, Inc.

         

         

        By: _________________________________

         

        Name: _______________________________

         

        Title: ________________________________

         

	
         

         

        PURCHASER: 

         

         

        _________________________________

        Matt LeeExhibit 4.4

 

NEITHER
THIS NOTE NOR THE securities ISSUABLE UPON CONVERSION OF PRINCIPAL HEREOF HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933
OR UNDER THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION (TOGETHER, THE “SECURITIES LAWS”) AND MAY NOT BE OFFERED
FOR SALE, SOLD OR OTHERWISE TRANSFERRED OR ENCUMBERED IN THE ABSENCE OF COMPLIANCE WITH SUCH SECURITIES LAWS AND UNTIL THE ISSUER
THEREOF SHALL HAVE RECEIVED AN OPINION FROM COUNSEL ACCEPTABLE TO IT THAT THE PROPOSED DISPOSITION WILL NOT VIOLATE ANY APPLICABLE
SECURITIES LAWS.

 

CONVERTIBLE
NOTE

	Principal Amount: $22,000.00

	Date:
May 14, 2014

In
consideration of $20,000.00 cash payment Cabinet Grow, Inc., a
Nevada corporation (the “Company”), hereby promises to pay to the order of _______________
(“Holder”), the principal sum of TWENTY TWO THOUSAND AND NO/100 DOLLARS ($22,000.00) 9.1% OID, together with
accrued interest on the unpaid principal balance thereof at the rate of Ten percent (10.0%) per annum, calculated on
the basis of actual days elapsed in a year of 365 days.

All interest due
and payable under this Note may be paid in shares of the Company’s common stock pursuant to the terms of Article 2 of this
Note. Interest shall be paid in-kind at the election of the Holder.

Article 1

Payments

1.1 
Principal and Interest Due. Except in the event of a conversion of this Note in accordance with Article 2, or
the prepayment of this Note, the principal balance shall be due and payable six months from the date of this note. Any payments
received shall be applied first to any other charges due under this Note and thereafter to the payment of the principal balance
of this Note.

1.2 
Manner of Payment. All payments of principal shall be made in United States currency at such place as Holder shall
designate to the Company in writing. If any payment of principal on this Note is due on a day that is not a Business Day, such
payment shall be due on the next succeeding Business Day, and such extension of time shall not be taken into account in calculating
the amount of interest payable under this Note. “Business Day” means any day other than a Saturday, Sunday or
legal holiday in the State of California.

1.3 
Prepayment. This Note may be prepaid, in whole or in part, by the Company at any time and from time to time, without
premium or penalty. At Holder’s option, any payments on this Note shall be applied first to pay Holder for all costs of collection
of any kind, including reasonable attorneys’ fees and expenses, and thereafter to the payment of principal.

 

Article 2

Conversion

2.1 
Conversion. At Holder’s option, Holder shall have the right at any time during the Conversion Period (as defined
below) to convert the principal amount and accrued interest payable of this Note, in accordance with the provisions of Section
2.2, into $0.001 par value shares of the Company’s common stock (the “Shares”) The conversion price (the “Conversion
Price”) shall equal $0.20 per share (subject to equitable adjustments for stock splits, stock dividends or rights offerings
by the Company relating to the Company’s securities or the securities of any subsidiary of the Company, combinations, recapitalization,
reclassifications, extraordinary distributions and similar events). For all purposes of this Note, the “Conversion Period”
shall mean that period from the issuance of this Note to its maturity. Provided, however, that no conversion shall be permitted
if the number of Shares issuable upon the conversion of the portion of this Note with respect to which the determination of this
proviso is being made, would result in beneficial ownership by the Holder and its affiliates of more than 4.99% of the outstanding
shares of the Company.

2.2 
Method of Conversion.  To convert this Note, Holder must deliver a conversion notice substantially in the
form attached hereto as Annex A during the Conversion Period. No fractional shares shall be issued upon conversion of this
Note. In lieu of any fractional share to which Holder would otherwise be entitled upon conversion of this Note, the Company will
pay to Holder in cash the amount of the unconverted principal and interest balance of this Note that would otherwise be converted
into such fractional share. Upon the conversion of this Note, Holder shall surrender this Note, duly endorsed, at the Company’s
principal office, and the Company shall, at its expense and as soon as practicable thereafter, issue and deliver to Holder at such
principal office one or more certificates for the number of common shares to which Holder is entitled (bearing such legends as
are required by applicable state and federal securities laws in the opinion of counsel to the Company), together with a check payable
to Holder for any cash amounts payable as described herein. Any conversion of this Note shall be deemed to have been made immediately
prior to the close of business on the date of this Note’s surrender, and the person or persons entitled to receive ownership
interest upon such conversion shall be treated for all purposes as the record holder or holders of such ownership interest as of
such date. Upon this Note’s conversion, and payment of any accrued interest hereon, the Company will be forever released
from all of its obligations and liabilities hereunder with regard to that portion of the principal amount being converted, including
without limitation the obligation to pay such portion of the principal amount and accrued interest.

Article 3

Default and Remedies

3.1 
Default. The occurrence of any of the following events shall constitute a “Default” under this Note:

(a)
Company’s failure to remit to Holder the principal or interest hereof as the same becomes due hereunder;

(b)
Company’s assignment for the benefit of creditors, or filing of a petition in bankruptcy or for reorganization or to
effect a plan or arrangement with creditors;

(c)
Company’s application for, or voluntary permission of, the appointment of a receiver of trustee for any or all Company
property;

(d) Any
action or proceeding described in the foregoing paragraphs (b) and (c) is commenced against Company and such action or
proceeding is not vacated within 60 days of its commencement;

(e)
Company’s dissolution or liquidation.

3.2 
Remedies Upon Default. Upon any Default:

(a)
Interest rate shall increase to Twelve percent (22.0%) per annum, from the date of Default;

(b)
Holder may without further notice declare the entire remaining principal sum of this Note, together with all interest accrued
thereon, immediately due and payable; and Holder’s failure to declare the entire remaining principal sum of this Note,
together with all interest accrued thereon, immediately due and payable shall not constitute a waiver by Holder of its right
to so declare at any other time;

(c)
Holder may employ an attorney to enforce its rights and remedies hereunder and Company hereby agrees to pay Holder’s
reasonable attorneys’ fees and other reasonable expenses incurred by Holder in exercising any of Holder’s rights
and remedies upon Default; and

(d)
Holder’s rights and remedies provided hereunder shall be cumulative and may be pursued singly, successively or together
in Holder’s sole discretion; and Holder’s failure to exercise any such right or remedy shall not be a waiver or
release of such rights or remedies or the right to exercise any of them at another time.

Article 4 

Registration Status
of Shares; Restrictions on Transferability.

4.1 
The holder understands, acknowledges and agrees that:

(a) The
Shares to be issued upon conversion of this Note have not been registered under the Securities Act of 1933, as amended (the
“Act”) or under applicable state securities acts on the grounds that the Shares are being issued in a transaction
(i) involving a limited group of knowledgeable investors fully familiar with the affairs and proposed operations of the
Company, and (ii) not involving a public offering and that, consequently, such transaction is exempt from registration under
the Act and the state securities acts. The Company will rely on the Holder’s representations in the Investor
Qualification Questionnaire as a basis for the exemption from registration.

(b) The
Shares may not be sold, transferred or otherwise disposed of except pursuant to an effective registration statement or
appropriate exemption from registration under applicable state law and, as a result, the Holder must comply with applicable
transfer requirements. Should the Holder should later desire to dispose of or transfer any of the Shares in any manner, the
Holder shall not do so without first obtaining (i) an opinion of counsel satisfactory to the Company that such proposed
disposition or transfer may be made lawfully without the registration of the Shares pursuant to the Act and applicable state
laws, or (ii) registration of such Shares. Set forth in Paragraph 2(f) above and may be required to hold the Shares for an
indefinite period of time.

(c) The
Company is under no obligation to file a registration statement with respect to the Shares. Furthermore, the provisions of
Rule 144 under the Act will permit resale of the Shares only under limited circumstances. For example, the Shares must be
held by the Holder for at least six months following the date of this Note before they can be sold pursuant to Rule 144 and
even then such sales will be further restricted by certain volume limitations.

4.2 
Legend on Certificates to be Issued.  The Holder understands and acknowledges that the stock certificate representing
the Shares to be issued by the Company upon conversion of this Note will contain substantially the following legends:

THE SECURITIES REPRESENTED BY THIS
CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (the “Act”), OR APPLICABLE STATE
SECURITIES LAWS. NO SALE OR ASSIGNMENT OF THE SHARES REPRESENTED BY THIS CERTIFICATE SHALL BE MADE except in conjunction with an
effective registration statement for the securities under applicable securities laws UNLESS THE HOLDER SHALL HAVE OBTAINED AN OPINION
OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH PROPOSED DISPOSITION OR TRANSFER LAWFULLY MAY BE MADE WITHOUT REGISTRATION OF
SUCH SHARES PURSUANT TO APPLICABLE SECURITIES LAWS, OR SUCH REGISTRATION.

Article 5

General Provisions

5.1 
Waiver of Protest, Presentment and Notice. The Company hereby waives presentment, demand for payment, notice of nonpayment
or dishonor, protest, and notice of protest, and agrees to continue to be bound for the payment of principal, interest and all
other sums due under this Note notwithstanding any extension or alteration of the time or terms of payment hereon, any renewal
or any acceptance of security of any kind. Company also hereby waives the right to protest the domestication or collection of any
judgment obtained against the Company with respect to this Note in any jurisdiction where the Company may now or hereafter maintain
assets or be registered or qualified to transact business.

5.2 
Obligations Absolute. Company’s obligations hereunder are absolute, and Company hereby waives any and all rights
to offset, deduct or withhold any payments or charges due hereunder for any reason whatsoever.

5.3 
Entire Agreement. This Note constitutes the full and entire understanding and agreement between the parties with
regard to the subject matter hereof.

5.4 
Governing Law. This Note shall be governed by and construed in accordance with the laws of the State of Colorado
without regard to its conflicts-of-law principles.

5.5 
Severability. If any provision in this Note is held invalid or unenforceable by a court of competent jurisdiction,
the other provisions of this Note will remain in full force and effect. Any provision of this Note held invalid or unenforceable
only in part or degree will remain in full force and effect to the extent not held invalid or unenforceable.

5.6 
Waiver of Right or Remedy. No waiver of any right or remedy under this Note shall be valid unless in writing executed
by the Holder hereof, and any such waiver shall be effective only in the specific instance and for the specific purpose given.
All rights and remedies of all present and future Holders of this Note shall be cumulative and may be exercised singly, concurrently
or successively. This Note shall bind the Company and its successors and assigns.

5.7 
Notices. Any notice required or permitted to be given hereunder shall be made as follows:

To the Company 

Mr. Sam May

President

Cabinet Grow, Inc.

17801 Main Street, Suite E

Irvine,
California 92614

 

 

 

To the Holder

Name

Street

City, state, Zip

Tele

 

5.8 
Construction. The headings of Sections in this Convertible Note are provided for convenience only and will not affect
its construction or interpretation. All references to Articles or Sections refer to Articles and Sections of this Note unless otherwise
specified.

 

 

In
Witness Whereof, the Company has executed and delivered this Convertible Note as of the date first set forth above.

 

Cabinet Grow, Inc.

 

 

 

By: __________________________

sam may

president

 

 

 

 

 

    	 

    	 

    

NOTICE
OF CONVERSION

(to be signed only upon conversion of note)

 

To: Cabinet Grow, Inc.

Mr. Sam May

President

17801 Main Street, Suite E

Irvine, California 92614

The
undersigned, the Holder of the Convertible Note of Cabinet Grow, Inc. dated _________________, hereby surrenders such
Convertible Note for conversion into _________________ shares of the common stock of Cabinet Grow, Inc, to the extent of
$___________________ of the unpaid principal and accrued interest of such Convertible Note, and requests that the
certificates for such shares be issued in the name, and delivered to the address set forth below:

	 
	Exact Name in which shares are to be registered
	 
	 
	 
	 
	Address, city, state and zip code
	Tax ID#: 	 
	Dated: 	 
	Conversion Price: 	 
	Principal Balance: 	 

 

	HOLDER:
	 
	 
	Signature
	 
	Name (print or type)
	 
	Phone
	 
	Email Address

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