Document:

Exhibit
4.2

 

DESCRIPTION
OF CAPITAL STOCK

 

The
following is a summary of all material characteristics of our capital stock as set forth in our articles of incorporation and bylaws.
The summary does not purport to be complete and is qualified in its entirety by reference to our articles of incorporation and bylaws
and applicable provisions of the Nevada Revised Statutes, as amended (“NRS”).

 

Common
Stock

 

We
are authorized to issue 30,000,000 shares of common stock with a par value of $0.001 per share. As of January 25, 2022, there were 5,708,599
shares of common stock issued and outstanding.

 

The
following summary of the terms of our common stock is subject to and qualified in its entirety by reference to our articles of incorporation
and bylaws, copies of which are on file with the SEC as exhibits to previous SEC filings.

 

Voting
Rights

 

Each
outstanding share of common stock is entitled to one vote on all matters submitted to a vote of stockholders. There are no cumulative
voting rights. Removal of directors requires the vote, in addition to any vote required by law, of not less than eighty percent (80%)
of the total votes eligible to be cast by the holders of all outstanding shares of capital stock entitled to vote generally in the election
of directors at a meeting of stockholders expressly called for that purpose. The approval of the holders of at least eighty percent (80%)
of the outstanding shares of voting stock of the Corporation is required in connection with certain “Business Combinations”
with an Interested Stockholder, as defined in the NRS, after the expiration of three years after the date the person becomes an Interested
stockholder, except in cases where the proposed Business Combination has been approved in advance by a majority of those members of the
board of directors who are unaffiliated with the Interested Stockholder and who were directors prior to the time when the Interested
Stockholder became an Interested Stockholder. Any alteration, amendment, repeal or rescission of any provision of our articles of incorporation
must be approved by the affirmative vote of the holders of at least eighty percent (80%) of the total votes eligible to be cast by the
holders of all outstanding shares of capital stock entitled to vote thereon; provided, however, if a majority of the board of directors
recommends the change, then such change shall only require the affirmative vote of the holders of a majority of the total votes eligible
to be cast by the holders of all outstanding shares of Capital Stock entitled to vote thereon. Any bylaw may be altered, amended, rescinded,
or repealed by the holders of eighty percent (80%) of the shares of capital stock entitled to vote thereon at any annual meeting or at
any special meeting called for that purpose. Notwithstanding the foregoing, any provision of the bylaws that contains a supermajority
voting requirement shall only be altered, amended, rescinded, or repealed by a vote of the board of directors or holders of shares of
capital stock entitled to vote thereon that is not less than the supermajority specified in such provision.

 

Dividends

 

Each
stockholder is entitled to receive the dividends as may be declared by our board of directors out of funds legally available for dividends
and, in the event of liquidation, to share pro rata in any distribution of our assets after payment of liabilities. Our board of directors
is not obligated to declare a dividend. Any future dividends will be subject to the discretion of our board of directors and will depend
upon, among other things, future earnings, the operating and financial condition of our company, its capital requirements, general business
conditions and other pertinent factors.

 

Other
Rights

 

Upon
liquidation, dissolution or winding up of the corporation, the holders of common stock are entitled to share ratably in all net assets
available for distribution to stockholders after payment to creditors. Our common stock is not convertible or redeemable and has no preemptive,
subscription or conversion rights. There is no conversion, redemption, sinking fund or similar provisions regarding our common stock.

 

    	 

     

    

 

Transfer
Agent

 

The
transfer agent and registrar for our Common Stock is Direct Transfer LLC. Its address is 500 Perimeter Park Drive, Suite D, Morrisville,
North Carolina 27560 and its telephone number is (919) 481-4000. The transfer agent and registrar for any series or class of preferred
stock will be set forth in the applicable prospectus supplement.

 

Preferred
Stock

 

We
are authorized to issue up to 10,000,000 shares of preferred stock, par value $0.001 per share, with such designations, rights, and preferences
as may be determined from time to time by our board of directors. Accordingly, our board of directors is empowered, without stockholder
approval, to issue preferred stock with dividend, liquidation, conversion, voting, or other rights that could adversely affect the voting
power or other rights of the holders of our common stock. The issuance of preferred stock could have the effect of restricting dividends
on our common stock (if any are declared), diluting the voting power of our common stock, impairing the liquidation rights of our common
stock, or delaying or preventing a change in control of our company, all without further action by our stockholders. As of the date of
this Annual Report on Form 10-K, no shares of our preferred stock were outstanding.

 

Stock
Options

 

We
had issued and outstanding options to purchase up to 1,000,000 shares of common stock, exercisable at $5.43 per share.

 

Anti-Takeover
Effects of Certain Provisions of Nevada Law and Our Articles of Incorporation and Bylaws

 

Our
articles of incorporation and bylaws contain a number of provisions that could make our acquisition by means of a tender or exchange
offer, a proxy contest or otherwise more difficult. Certain of these provisions are summarized below.

 

Classified
Board of Directors

 

Pursuant
to our articles of incorporation, the directors constituting our board of directors are classified, with respect to the time for which
they severally hold office, into three classes as nearly equal in number as possible. At each annual meeting of stockholders, the successors
of the class of directors whose term expires at that meeting are elected to hold office for a term expiring at the annual meeting of
stockholders held in the third year following the year of their election. The articles of incorporation do provide, however, that directors
may be removed at any time upon the approval of eighty percent (80%) of the total votes eligible to be cast by the holders of all outstanding
shares of capital stock entitled to vote at a meeting expressly called by stockholders for such purpose.

 

Our
classified board of directors may have an anti-takeover effect of making more difficult and discouraging a takeover attempt, merger,
tender offer, or proxy fight. Additionally, our classified board of directors extends the time it would take for holders of a majority
of our shares to remove incumbent management to obtain control of the board of directors. That is, as a general matter a majority shareholder
could not obtain control of the board of directors until the second annual shareholder’s meeting after it acquired a majority of
the voting stock. Our classified board of directors may have the effect of making it more difficult for stockholders to remove our existing
management.

 

Special
Meetings

 

Our
articles of incorporation provide that special meetings of our stockholders may, unless otherwise prescribed by law, be called only by
resolution of a majority of the directors of the board then in office, by resolution of a majority of the disinterested directors then
in office, or upon written application, by stockholders holding at least 80% of the capital stock entitled to vote at the meeting. Our
stockholders are not permitted to act by written consent pursuant to our articles of incorporation.

 

    	 

     

    

 

Business
Combinations Act

 

The
Business Combinations Act, Sections 78.411 to 78.444 of the NRS, restricts the ability of a Nevada “resident domestic corporation”
having at least 200 stockholders of record to engage in any “combination” with an “interested stockholder” for
two (2) years after the date that the person first became an interested stockholder, unless the combination meets all of the requirements
of the articles of incorporation of the resident domestic corporation and (i) the purchase of shares by the interested stockholder is
approved by the board of directors before that date or (ii) the combination is approved by the board of directors of the resident domestic
corporation and, at or after that time, the combination is approved at an annual or special meeting of the stockholders of the resident
domestic corporation, and not by written consent, by the affirmative vote of the holders of stock representing at least sixty percent
(60%) of the outstanding voting power of the resident domestic corporation not beneficially owned by the interested stockholder or the
affiliates or associates of the interested stockholder.

 

If
this approval is not obtained, then after the expiration of the two (2) year period, the business combination may still not be consummated
unless it is a combination meeting all of the requirements of the articles of incorporation of the resident domestic corporation and
either the “fair price” requirements specified in NRS 78.441 to 78.444, inclusive are satisfied or the combination is (a)
a combination or transaction by which the person first became an interested stockholder is approved by the board of directors of the
resident domestic corporation before the person first became an interested stockholder, or (b) a combination approved by a majority of
the outstanding voting power of the resident domestic corporation not beneficially owned by the interested stockholder, or any affiliate
or associate of the interested stockholder.

 

“Interested
stockholder” means any person, other than the resident domestic corporation or its subsidiaries, who is (a) the beneficial owner,
directly or indirectly, of 10% or more of the voting power of the outstanding voting shares of the resident domestic corporation or (b)
an affiliate or associate of the resident domestic corporation and at any time within two years immediately before the date in question
was the beneficial owner, directly or indirectly, of 10% or more of the voting power of the then outstanding shares of the resident domestic
corporation.

 

A
“combination” is broadly defined and includes, for example, any merger or consolidation of a corporation or any of its subsidiaries
with (i) an interested stockholder or (ii) any other entity that after and as a result of the merger or consolidation would be an affiliate
or associate of the interested stockholder; or any sale, lease, exchange, pledge, transfer or other disposition of assets of the corporation,
in one transaction or a series of transactions, to or with an interested stockholder having: (x) an aggregate market value equal to more
than 5% of the aggregate market value of the assets of a corporation, (y) an aggregate market value equal to more than 5% of the aggregate
market value of all outstanding voting shares of a corporation, or (z) representing more than 10% of the earning power or net income
of a corporation.

 

The
provisions of Nevada law, our articles of incorporation and our bylaws could have the effect of discouraging others from attempting hostile
takeovers and, as a consequence, they may also inhibit temporary fluctuations in the market price of our common stock that often result
from actual or rumored hostile takeover attempts. These provisions may also have the effect of preventing changes in our management.
It is possible that these provisions could make it more difficult to accomplish transactions that stockholders may otherwise deem to
be in their best interests.

 

Limitations
of Director Liability and Indemnification of Directors, Officers and Employees

 

Neither
our articles of incorporation nor bylaws prevent us from indemnifying our officers, directors and agents to the extent permitted under
the NRS. NRS Section 78.7502, provides that a corporation shall indemnify any director, officer, employee or agent of a corporation against
expenses, including attorneys’ fees, actually and reasonably incurred by him in connection with any defense to the extent that
a director, officer, employee or agent of a corporation has been successful on the merits or otherwise in defense of any action, suit
or proceeding referred to Section 78.7502(1) or 78.7502(2), or in defense of any claim, issue or matter therein. NRS 78.7502(1) provides
that a corporation may indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed
action, suit or proceeding, whether civil, criminal, administrative or investigative, except an action by or in the right of the corporation,
by reason of the fact that he is or was a director, officer, employee or agent of the corporation, or is or was serving at the request
of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise,
against expenses, including attorneys’ fees, judgments, fines and amounts paid in settlement actually and reasonably incurred by
him in connection with the action, suit or proceeding if he: (a) is not liable pursuant to NRS 78.138; or (b) acted in good faith and
in a manner which he reasonably believed to be in or not opposed to the best interests of the corporation, and, with respect to any criminal
action or proceeding, had no reasonable cause to believe his conduct was unlawful.

 

NRS
Section 78.7502(2) provides that a corporation may indemnify any person who was or is a party or is threatened to be made a party to
any threatened, pending or completed action or suit by or in the right of the corporation to procure a judgment in its favor by reason
of the fact that he is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation
as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise against expenses,
including amounts paid in settlement and attorneys’ fees actually and reasonably incurred by him in connection with the defense
or settlement of the action or suit if he: (a) is not liable pursuant to NRS 78.138; or (b) acted in good faith and in a manner which
he reasonably believed to be in or not opposed to the best interests of the corporation.EXHIBIT 10.6

 

Agreement
of Lease, made as of this 22nd day of September, 2021, between OUR TWO BUDDIES, LLC, TANJ PROPETIES, LLC, and VGM
REALTY SERVICES, LLC, parties of the first part, hereinafter referred to as OWNER and COFFEE HOLDING CO., INC., party of the second
part, hereinafter referred to as TENANT.

 

Witnesseth:
Owner hereby leases to Tenant and Tenant herby hires from Owner FIVE GARAGES (known as Unites 6,7,8,9, and 10) located at the premises
known as 3475-3476 Victory Boulevard, Staten Island, New York 10314 in the Borough of Staten Island, City of New York, for the term of
provided in Article 37 (or until such term shall sooner cease and expire as hereinafter provided) to commence on the 1st date of October,
2021 and to end on the 30th day of September, 2036, both dates inclusive, at an annual rental rate of provider for in Article 37 which
tenant agrees to pay in lawful money of the Unites States which shall be legal tender in payment of all debts and dues, public and private,
at the time of payment, in equal monthly installments in advance on the first day of each month during said term, at the office of Owner
or such other place as Owner may designate, without any set off or deduction whatsoever, except that Tenant shall pay the first monthly
installment(s) on the execution of (unless this lease be a renewal).

 

The
parties hereto, for themselves, their heirs, distributees, executors, administrators, legal representatives, successors and assigns,
herby covenant as follows:

 

	Rent:	1.Tenant
    shall pay the rent as above and as hereinafter provided.
	 	 
	Occupancy:	2.
    Tenant shall use and occupy demised premises for storage of personal property, merchandise, supplies, or other material owned by
    Tenant, and for no other purpose. Tenant shall at all times conduct its business in a high grade and reputable
    manner.

 

    	 

     

    

 

OUR
TWO BUDDIES, LLC, TANJ PROPERTIES, LLC,

and
VGM REALTY SERVICES, LLC

with

COFFEE
HOLDING COMPANY, INC.

PREMISES:
FIVE GARAGES LOCATED AT

3475-3479
Victory Boulevard, Staten Island, New York 10314

 

RIDER
ATTACHED TO LEASE

AND
MADE AP ART HEREOF

 

37.
RENT: The rent from October 1, 2021 to September 30, 2022 is $170,436.00 per year shall be paid by the tenant to the Owner in lawful
money of the United States of America in equal monthly installments in advance on the 1st day of each month during said term at the
office of the Owner or at such other place as the Owner may designate, without any setoff or deduction whatsoever;

 

The
rent for the remaining term is stated below shall be paid by the tenant to the Owner in lawful money of the United States of America
in equal monthly installments in advance on the 1st day of each month during said term at the office of the Owner or at such other place
as the Owner may designate, without any setoff or deduction whatsoever.

 

	SECOND
    YEAR	=
    $ 175, 549.08 per year
	THIRD
    YEAR	=
    $ 180,815.55 per year
	FOURTH
    YEAR	=
    $ 186,240.01 per year
	FIFTH
    YEAR	=
    $ 191,815.55 per year
	SIXTH
    YEAR	=
    $ 199,500.08 per year
	SEVENTH
    YEAR 	=
    $ 207,480.00 per year
	EIGHTH
    YEAR	=
    $ 215,779.00 per year
	NINTH
    YEAR	=
    $ 224,410.00 per year
	TENTH
    YEAR	=
    $ 233,386 .00 per year
	ELEVENTH
    YEAR	=
    $ 245,055.00 per year
	TWELFTH
    YEAR	=
    $ 257,307.00 per year
	THIRTEENTH
    YEAR	=
    $ 270,172.00 per year
	FOURTEENTH
    YEAR	=
    $ 283,680.00 per year
	FIFTEENTH
    YEAR	=
    $ 297,864.00 per year

 

38.
This lease shall be deemed and constituted to be a triple net lease and the Owner shall not be obligated to pay for any charges or
obligations for the maintenance, repair, and/or replacement of anything at the demised employees, agents, visitors or
licensees.

 

	Estoppel
    Certificate:	35.
    Tenant, at any time, and from time to time upon at least ten (10) days’ prior notice by Owner, shall execute, acknowledge and
    deliver to Owner, and/or to any other person, firm or corporation specified by Owner, a statement certifying that this lease is
    unmodified and in full force and effect (or, if there have been modifications, that the same is in full force and effect as modified
    and stating the modifications), stating the dates which the rent and additional rent have been paid, and stating whether or not
    there exists and defaults by Owner under this lease, and, if so, specifying each such default.
	 	 
	Successors
    and Assigns:	36.The
    covenants, conditions and agreements contained in this lease shall bind and inure to the benefit of Owner and Tenant and their respective
    heirs, distributees, executors, administrators, successors, and except as otherwise provided in this lease, their assigns.

 

    	-2-

     

    

 

IN
WITNESS WHEREOF, Owner and Tenant have respectively signed and sealed this lease as of the day and year first above written.

 

	Witness
    for Owner:	 	OUR
    TWO BUDDIES, LLC
	 	 	TANJ
    PROPERTIES, LLC
	 	 	VGM
    REALTY SERVICES, LLC
	 	 	 
	 	 	 
	 	 	By:	/s/
    Steven Masseria
	 	 	Steven
    Masseria
	 	 	 
	 	 	By: 	/s/
    Joseph LaForte
	 	 	Joseph
    LaForte
	 	 	 
	 	 	 
	 	 	By: 	Gary Pennisi
	 	 	Gary
    Pennisi
	 	 	 
	 	 	 
	 	 	 
	Witness
    for Tenant:	 	COFFEE
    HOLDING COMPANY, INC.
	 	 	 
	 	 	 
	 	 	By: 	David Gordon
	 	 	09-22-2021
	 	 	 

 

    	-3-

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