Document:

Exhibit 10.6

 

DISTRIBUTION AGREEMENT

 

		1.	Parties, Appointment and Purpose: This Agreement is between Kona Gold, LLC (“Supplier”) and [DISTRIBUTOR
LEGAL NAME] (“Distributor”). The Exhibits are an integral part of this Agreement. Supplier is appointing Distributor
to sell Supplier’s Products within Distributor’s Territory. Exhibit A describes the “Products,” “Territory”
and contains the terms of sale. The Territory shall be Exclusive as provided in Exhibit A. Both parties know that their individual
success will be determined by how effectively and efficiently they cooperate with each other. Both parties agree that the goal
of this Agreement is to sell as much of the Products as possible while maintaining quality control, and preserving the image of
Supplier’s brand and Distributor’s goodwill with its customers.

 

		2.	Distributor’s Promises: Distributor shall sell the Products to all wholesale and retail accounts in the
Territory. Distributor promises that it: (a) has the state, federal and local licenses and permits necessary for it to do its job;
(b) will keep such licenses and permits current; (c) will obey all relevant laws and regulations; (d) will comply with all quality,
warehousing, ordering, payment, bill back, repack and other policies Supplier may establish from time to time on a nondiscriminatory
basis for distributors of the Products; (e) will sell only Products of merchantable quality; (f) except for the Products, will
not sell any hemp or CBD beverages. Existing or future products of current suppliers will be allowed; (g) will participate in Supplier’s
promotional programs; (h) will exchange market information with Supplier as described on Exhibit C; and (i) will indemnify and
hold Supplier harmless from all third party claims, losses and expenses (however arising), including attorneys fees and costs,
connected in any manner with negligent acts (including misfeasance or nonfeasance) by Distributor in connection with the Products
and/or its activities hereunder. Distributor acknowledges that Supplier is the exclusive owner of all right, title and interest
in and to the formulae, trademarks, trade names, trade styles, designs and copyrights relating to and/or incorporated in the Products.
Distributor shall not use Supplier’s trademarks, trade names, trade styles or designs except in connection with the sale
of Products as permitted in the written sales policies and procedures that Supplier has in effect from time to time. Whenever Distributor
utilizes any of Supplier’s trademarks, trade names, trade styles or designs in advertising or any other manner, Distributor
shall clearly indicate Supplier’s rights thereto. Distributor shall not take any action contesting or in any way impairing
Supplier’s right, title and interest in and to Supplier’s formulae, trademarks, trade names, trade styles and/or designs.
If, the foregoing notwithstanding, Distributor shall obtain any rights in Supplier’s formulae, trademarks, trade names, trade
styles and/or designs by operation of law or otherwise, Distributor shall, upon Supplier’s request, assign any and all such
rights, together with all goodwill appurtenant thereto, to Supplier.

 

		3.	Supplier’s Promises: Supplier promises that it: (a) has the state, federal, and local licenses and permits
necessary for it to supply the Products hereunder; (b) will keep such licenses and permits current; (c) will obey all relevant
laws and regulations; (d) will assure that all Products are of merchantable quality upon delivery; (e) will exchange information
with Distributor as described on Exhibit C; (f) will be responsible for producing, bottling, packaging and labeling the Products
as required by state and federal law; (g) will offer “Brand Investment, Promotions, Point-of-Sale Materials and Samples”
as set forth on Exhibit D; (h) will not sell the Products to any person or entity whom the Supplier knows (or has reason to know)
may directly or indirectly sell or distribute the Products in the Territory; and (i) will indemnify and hold Distributor harmless
from all third party claims, losses and expenses (however arising), including attorneys fees and costs, connected with negligent
acts (including misfeasance or nonfeasance) by Supplier in connection with the Products, its activities hereunder, any claim related
to Supplier’s advertising of the Products and/or Supplier’s trademarks, trade dress or intellectual property. Supplier
shall not be obligated to deliver any minimum Product volume to Distributor or to allocate Products in the case of Product shortages.

 

     

     

    

 

		4.	Terms and Termination: This Agreement shall be effective on [DATE AGREEMENT BEGINS] and shall remain in force
until terminated as provided on Exhibit E. Both parties agree that the promises made in this Agreement (and in the exhibits) are
reasonable, material and important and the breach by either party of any promise made to the other justifies termination of this
Agreement.

 

		5.	General Legal Matters: (a) Governing Law, Amendments and Merger: This agreement shall be governed by the
internal laws of the State of Florida without giving effect to the rules of conflicts of law, and may not be amended except by
a writing signed by both parties and shall supersede any and all prior discussions between the parties concerning the subject matter
hereof. (b) Waiver: No waiver by either party of a right on any one occasion shall constitute a waiver of such right on
another occasion, and all such claimed waivers must be in writing signed by the party against whom the waiver is claimed. (c) Enforceability
of Clauses: If any provision of this Agreement violates any law, it shall be severed from this Agreement without affecting
the rest of the Agreement. (d) Consent Required: Neither party is the agent or franchisee of the other party, and neither
party, under any circumstances, may bind the other party to any agreement or obligation to any third person without the written
consent of the party being bound. (e) Warranty of Authority: Both parties represent and warrant that they have the full
right and authority to enter into this Agreement without violating the rights of any third party. (f) Notices: All notices
shall be effective as of the date mailed, e-mailed or telecopied to the address set forth below. (g) Disputes: Any disputes
arising hereunder and/or in connection herewith and that cannot be resolved amicably by the parties, including any dispute with
respect to the arbitrability of any issue hereunder, shall be settled by binding arbitration conducted in Melbourne, Florida under
the Commercial Arbitration Rules of the AAA. Notwithstanding the foregoing, either party may apply to any court of competent jurisdiction
for such equitable, extraordinary or injunctive relief as may be necessary to enforce the respective rights of the parties under
this Agreement. (h) Parties Bound: This Agreement shall be binding upon and inure to the benefit of the parties hereto and
their respective successors and permitted assigns. Distributor may not assign its rights and/or duties hereunder, including by
means of any subdistribution arrangement, without the prior written consent of Supplier which Supplier may grant or withhold at
Supplier’s sole discretion. Any such assignment made without the consent of the Supplier shall be null and void.

 

Both parties have negotiated this Agreement freely
and in good faith with the assistance of their counsel, acknowledge having read all of the terms of the Agreement and the Exhibits,
and fully understand that they are each obligated to fulfill the promises they have made to each other.

 

	SUPPLIER:	 	 	DISTRIBUTOR:  	 
	 	 	 	 	 
	By:	 	 	By:	 
	 	 	 	 	 
	Dated:	 	 	Dated:	 

 

	Address for Notice:	 	Address for Notice:
	 	 	 
	Robert Clark	 	 
	Kona Gold, LLC	 	 
	746 North Drive STE A	 	 
	Melbourne, FL 32934	 	 
	(E-Mail) Robert@KonaGoldHemp.com	 	(E-Mail)  _________________________________________

 

     

     

    

 

EXHIBIT A

 

PRODUCTS, TERRITORY, EXCLUSIVITY AND
TERMS OF SALE

 

		1.	Products: 12.0 oz Kona Gold Hemp Energy Drink Beverages (currently 8 SKU’s). 16.9 oz HighDrate CBD Energy Water
Beverages (currently 6 SKU’s). 1 Liter Storm CBD Water (currently 1 SKU). If Distributor fails to order at least one pallet
of Kona Gold Hemp Energy Drinks and at least one pallet of HighDrate CBD Energy Waters during any six (6) month period, such SKU
shall, at Suppliers election, cease to be a “Product” hereunder and Supplier shall be free to distribute such SKU,
directly or indirectly, in the Territory.

 

		2.	New Products: Supplier shall offer to Distributor the exclusive right to distribute in the Territory all new non-alcoholic
Kona Gold, HighDrate, and Storm branded beverage products subsequently introduced, acquired, made or sold by Supplier as soon as
such products become available. If Distributor does not accept Supplier’s offer, Supplier may offer such right to other third
parties on the same basis as initially offered to Distributor.

 

		3.	Prices: Supplier’s price to Distributor shall be Supplier’s published prices for Kona Gold, HighDrate, and
distributors as in effect from time to time. Supplier may amend its published price for Kona Gold and HighDrate distributors from
time to time upon 30 days written notice to Distributor, and such amendments shall only be effective as to orders shipped by the
Company 30 or more days after such notice.

 

		4.	Territory: [State]:       [Counties]:

 

		5.	Exclusivity: The territory shall be exclusive for Distributor.

 

		6.	Excluded Accounts: Paragraph (5) of this Exhibit A, notwithstanding, at Supplier’s election, Supplier may sell
Products directly to various store chains and buying groups and deliver Products to the warehouses for any such chain or buying
group. If Supplier elects to sell Products to any such store chain or buying group, Supplier notify Distributor, Supplier shall
pay Distributor an invasion fee of One Dollar ($1.00) per case for every case of Products sold by any such chain or buying group
to consumers at stores or members located in the Territory.

 

     

     

    

 

		7.	Terms of Sale: (a) Distributor’s orders are subject to acceptance by Supplier at its office address set forth
in this agreement. (b) Supplier may accept or reject orders and may require Distributor to use Supplier’s forms and procedures.
(c) Distributor shall pay Supplier for Products shipped at the prices stipulated on each invoice. (d) Payments shall be due and
payable in good funds by cash, check, electronic fund transfer or as otherwise agreed to by Supplier and Distributor (in writing)
received by Supplier not later than 30 days from the date of invoice. (e) Invoices may be transmitted to Distributor by e-mail
or by mail. (f) At Supplier’s sole discretion, from time to time, Supplier may establish credit limits applicable to Distributor’s
purchases, reduce Distributor’s credit limit, and/or decide to sell to Distributor on a payment-before-delivery basis. (g)
Title to goods and risk of loss shall pass to Distributor when Supplier delivers Products to Distributor’s carrier or, if
Supplier arranges for shipment, when the Products are delivered to Distributor’s premises. If Supplier arranges for shipment,
so that title and risk of loss passes to Distributor when Products are delivered to Distributor’s premises, Distributor or
its agent shall notify Supplier immediately if Products are delivered in less than saleable condition. Any such notification shall
include a copy of the bill of lading covering the goods in question on which Distributor shall note the evidence of less than saleable
condition and on which Distributor shall have obtained the signature of a representative of the carrier delivering such goods to
verify such evidence.

 

Initialed: _________[Supplier]
________[Distributor]

 

Dated: _____________________________

 

     

     

    

 

EXHIBIT
B

 

PROJECTIONS,
DISCOUNTS AND INCENTIVES

 

		1.	Minimum Purchases: After completion of first contract year and each year thereafter, Supplier and Distributor will meet
to establish a mutually agreed upon volume and distribution goal for the upcoming year.

 

		2.	Distribution Projections:

 

		3.	Discounts and Incentives:

 

Initialed: __________[Supplier]
__________[Distributor]

 

Dated: ____________________________________________________

 

     

     

    

 

EXHIBIT
C

 

INFORMATION
EXCHANGE

 

		1.	REPORTS: Distributor shall use its reasonable best efforts to report the following information on Supplier’s forms
on the schedule set forth below:

 

	Depletion’s	10 days after a month’s end
	Forecast of Quarterly Sales	30 days before quarter begins
	Annual Sales/Distribution Plan Objective Review	Quarterly
	Sales by Chain	10 days after month’s end
	Number of Accounts	10 days after month’s end
	Promotional Program Results	10 days after month’s end

 

		2.	MEETINGS: Supplier, and the person designated by Distributor as the brand manager for Supplier’s products, agree
to meet as needed for the purpose of joint planning. The primary objective of such meetings shall be to review Distributor’s
performance during the preceding period and to negotiate the sales and distribution projections to be applied to this Agreement
for future periods. Neither Distributor nor Supplier shall be required to bear any costs of travel, room and board, etc., associated
with the other party’s time or travel to attend such meetings.

 

		3.	PROTECTION OF INFORMATION EXCHANGED: Distributor and Supplier agree that each needs accurate and timely information
from the other on a regular basis to do its job properly. Each agrees that it will use its reasonable best efforts to furnish the
other with such information (including audited information if the request for the same is warranted) as may be necessary for legitimate
business purposes. Each promises that it will protect and safeguard the information that it receives from the other and will not
share it with any person outside of Supplier’s or Distributor’s organization unless the party furnishing the information
has given written permission for such information to be shared.

 

Initialed: ____[Supplier] _____[Distributor]

 

Dated: __________________________________

 

     

     

    

 

EXHIBIT
D

 

PROMOTIONS,
POINT OF SALE MATERIALS AND SAMPLES

 

Distributor and Supplier shall share equally the costs of all
pre-approved Product samples used in the Territory, at Distributor’s laid-in cost.

 

All paper point-of-sale and promotional material produced by
Supplier shall be made available to Distributor at no cost to Distributor in such amounts and at such times as Supplier determines,
in its sole discretion.

 

Distributors and Suppliers Brand Investment, which includes
incentive programs, local event participation, promotional merchandise, samples, advertising, or special promotion programs, will
be the subject of separate agreements between Supplier and Distributor made from time-to-time.

 

Distributor will, prior to incurring an expense for which it
expects reimbursement from Supplier, in whole or in part, obtain written approval from Supplier.

 

Initialed: __________[Supplier] __________[Distributor]

 

Dated: ______________________________________________

 

     

     

    

 

EXHIBIT E

 

TERMINATION PROVISIONS

 

Termination Without Damages:

 

It is the express intention of the parties that each party has
the right to terminate this Agreement, for the reasons stated below, without incurring any liability to the other party for such
termination.

 

Supplier may terminate this Agreement immediately and without
notice: (i) if Distributor shall become insolvent; (ii) if Distributor shall make an assignment for the benefit of Distributor’s
creditors; (iii) if Distributor shall file for bankruptcy; (iv) if Distributor shall have intentionally defrauded Supplier; (v)
if Supplier shall discontinue production of the Products; (vi) if Distributor shall assign rights and/or duties hereunder, voluntarily
or by operation of law, without Supplier’s consent; and/or (vii) if a change in control shall occur with respect to Distributor.
For purposes hereof, a change in control shall be deemed to have occurred with respect to Distributor if there shall be change
in record or beneficial ownership (excluding transfers to lineal descendants of ________________) of thirty-three percent (33%)
or more of Distributor’s voting stock or voting power or the voting stock or voting power of any entity which directly or
indirectly controls Distributor. If Supplier terminates this Agreement for any of the above stated reasons, Supplier shall not
be liable to Distributor for damages and/or liquidated damages in any sum whatsoever.

 

Supplier may terminate this Agreement immediately at any time
upon notice to Distributor: (i) if Distributor shall fail to pay for Products as called for by Exhibit A; (ii) if Distributor has
made or shall make an intentional misrepresentation of a material fact; (iii) if Distributor shall fail to comply with any Distributor
promise or obligation stated herein, if Supplier shall notify Distributor of such failure, and if Distributor shall fail to cure
such failure within thirty (30) days of Supplier’s notice (within five (5) days of Supplier’s notice if Supplier shall
have previously notified Distributor under this clause with respect to a prior failure to comply with the promise or obligation
in question and if Distributor shall have cured such prior failure within the thirty (30) day cure period allowed); (iv) if Distributor
shall at any time not have sufficient working capital, including under revolving credit or similar facilities, to service the Territory
as reasonably determined by Supplier, if Supplier shall notify Distributor of such matter, and if Distributor shall fail, in Supplier’s
reasonable judgment, to obtain or arrange for sufficient working capital within thirty (30) days of Supplier’s notice; (v)
if Distributor shall fail to properly service all wholesale and retail accounts in the Territory as evidenced by customer complaints
to the effect that Distributor is failing to maintain adequate inventory levels, by market surveys showing out of stock conditions
at customer locations, and/or similar evidence, if Supplier shall notify Distributor of such conditions, and if Distributor shall
fail to cure such conditions within thirty (30) days of Supplier’s notice (within five (5) days of Supplier’s notice
if Supplier shall have previously notified Distributor under this clause with respect to such conditions and if Distributor shall
have cured such conditions within the thirty (30) day cure period allowed); or (vi) if Distributor shall at any time fail to satisfy
the minimum purchase criteria set forth on Exhibit B. For the avoidance of doubt, Supplier’s imposition of credit standards
upon Distributor, or Supplier’s imposition of payment-before-delivery terms upon Distributor, shall not justify any failure
by Distributor to satisfy the minimum purchase criteria set forth in Exhibit B. If Supplier terminates this Agreement for any of
the above stated reasons, Supplier shall not be liable to Distributor for damages and/or liquidated damages in any sum whatsoever.

 

     

     

    

 

Distributor may terminate this Agreement immediately, at any
time, upon thirty (30) days notice to Supplier. If Distributor so terminates this Agreement for any reason, Distributor shall not
be liable to Supplier for damages in any sum whatsoever for such termination.

 

Termination With Damages:

 

It is the express intention of the parties that Supplier shall
pay Distributor liquidated damages as provided below upon any other termination of this Agreement by Supplier. In any case, such
liquidated damages shall be the only damages to which Distributor shall be entitled in connection with any breach or default hereunder
by Supplier. In the event any law or regulation shall be construed to require payment by Supplier for any damages incurred by Distributor
as a result of Supplier’s breach or termination of this Agreement in accordance with its terms, or there shall, for any reason,
be a finding that Supplier is liable to Distributor for damages resulting from Supplier’s breach or termination of this Agreement,
the parties agree that the damages outlined below shall be the only damages to which Distributor shall be entitled.

 

The parties acknowledge that because of the uncertainties inherent
in the market for the Products, the tastes of the consuming public, Distributor’s profit margins, the valuation of good will,
if any, and certain other factors, it would be virtually impossible to fix Distributor’s actual damages, if any, that would
result from Supplier breach or termination of this Agreement in whole or in part. The parties further acknowledge that the liquidated
damages, calculated as set forth below, constitute reasonable, fair and equitable compensation to Distributor for damages, if any,
that Distributor may incur as a result of Supplier’s breach or termination of this Agreement, particularly because Distributor
is free to distribute the products of suppliers other than Supplier.

 

The parties further agree that all sums Supplier tenders under
this section shall constitute the payment of valid and complete liquidated damages to the Distributor and shall be in satisfaction
of any other claims amounts and in payment and settlement of all claims and liabilities which Distributor may have against Supplier
in connection with, or as result of, any such breach or termination, including any and all claims for incidental or consequential
damages. The parties further acknowledge and agree that such liquidated damages do not constitute a penalty. The amount of the
liquidated damages to be paid will be determined by taking the number of 12 pack cases sold by Distributors in the 12 months preceding
termination (or since the effectiveness of this Agreement if more recent) and multiplying that number by $3.00 to establish the
liquidated damages amount due the Distributor.

 

Return of Materials:

 

Upon any termination and prior to payment of termination fee,
within 30 days after the effective date of such termination, Distributor shall return to Supplier, or as directed by Supplier,
all sales data, customer lists, all property belonging to Supplier in Distributor’s possession or control. Such return except
for sales data and customer list shall be at Supplier’s expense.

 

Effects of Termination:

 

Upon any termination, (a) all Supplier invoices then outstanding
shall become immediately due and payable, regardless of the terms stated thereon, (b) Supplier may, at Supplier’s election,
purchase any or all Product inventory then held by Distributor at Distributor’s laid-in cost, (c) the indemnification provisions
set forth herein shall survive such termination, and (d) Distributor shall remain liable for any violation of the terms hereof
occurring prior to the date of such termination. If Supplier elects not to purchase all Product inventory then held by Distributor,
as to any such inventory that remains in good and saleable condition, Distributor shall be free to sell any such inventory, but
exclusively in the Territory and otherwise subject to the terms and conditions hereof. As to any such inventory that does not remain
in good and saleable condition, Distributor shall dispose of such inventory as directed by Supplier.

 

     

     

    

 

Initialed: __________[Supplier] __________[Distributor]

 

Dated: _______________________________________________Exhibit 10.7

 

MEMBERSHIP INTEREST PURCHASE AGREEMENT

 

THIS
MEMBERSHIP INTEREST PURCHASE AGREEMENT (hereinafter referred to as the “Agreement”) is made and entered
into on this October 10, 2016 by and among Elev8 Hemp LLC (hereinafter referred to as the “Company”), PLAD, Inc., a
Utah Corporation whose address is 5445 Murrell Road, Viera, FL 32955 (hereinafter referred to as the "BUYER") and Kona
Gold Solutions, Inc., owner of the Company whose address is 1591 Savannah Hwy., Suite 201, Charleston, SC 29407 (hereinafter referred
to as "SELLER").

 

W I T N E S S E T H:

 

WHEREAS,
the Company is a Limited Liability Corporation, and is duly authorized by the State of Delaware to engage in the practice of law
within its jurisdiction; and

 

WHEREAS,
SELLER owns one hundred percent (100%) of the authorized and issued membership interest (hereinafter referred to as the
"Membership Interest"); and

 

WHEREAS,
BUYER desires to acquire one hundred percent (100%) of the Membership Interest; and, SELLER and the Company desire to transfer,
for value received, to BUYER, Membership Interests, considered and recognized as Internal Revenue Code Section 1244 stock in the
Company (hereinafter referred to as the "BUYER’S Membership Interest"); upon the terms and subject to the conditions
hereinafter set forth.

 

NOW,
THEREFORE, in consideration of the mutual promises made herein and the benefits to be derived from this Agreement, the
parties hereto do hereby represent, warrant, covenant and agree as follows:

 

1.          Recital
Incorporation. The above recitals are true and correct and are hereinafter incorporated herein this
Agreement by reference.

 

2.          Investment.
On the terms and subject to the conditions and based upon the representations, warranties, covenants and agreements of the parties
hereinafter set forth in this Agreement, BUYER hereby agrees to acquire SELLER’s Membership Interest and the SELLER hereby
agrees to issue and deliver the Membership Interest to BUYER.

 

3.          Purchase
Price. The BUYER shall issue to SELLER Two Hundred Million (200,000,000) shares of restricted common stock, $.00001
par value per share, of BUYER in exchange for SELLER’s Membership Interest (the “Common Stock’). No additional
capital contribution or cash payment shall be required of the BUYER. BUYER shall have the same rights to appoint officers of the
Company as acting Managing Member.

 

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4.          Closing.

 

(a)          The
closing hereunder will take place at the offices of McMurdo Law Group, LLC. whose address is 28 West 44th Street, 16th
Floor, New York, NY 10036 on or about October 15, 2016 at 9:00 AM EST or such other date and time as the parties hereto
may mutually agree to in writing. Such closing is hereinafter and hereinbefore sometimes referred to as the "Closing"
and such time and date are hereinafter and hereinbefore sometimes referred to as the "Closing
Date".

 

(a)          At
the Closing:

 

(1)         The
Company and SELLER shall deliver to BUYER proof of transfer of the Membership Interest; and

 

(2)         BUYER
shall issue SELLER the Common Stock, as described in Section 3 above.

 

		5.	Representations, Covenants, Agreements and Warranties
by the Company and SELLER.

 

The Company and SELLER hereby, jointly and severally,
warrant and represent as follows:

 

(a)          The
Company has and will have at the Closing, full, lawful power and authority to enter into and to carry out the terms of this Agreement.

 

(b)          Neither
the execution nor delivery of this Agreement, nor the performance of the Company or SELLER in consummating the transactions contemplated
by this Agreement, will (1) conflict with or result in a violation or breach of, or constitute default under, any term or provision
of any agreement or instrument to which the Company or SELLER is a party or by which the Company or SELLER is bound, or (2) result
in the imposition of any lien, encumbrance, charge or claim upon the Membership Interest; and the Company and SELLER has full power
and authority to carry out all the terms, conditions and provisions of the transactions contemplated by this Agreement without
the consent of any other person not a party hereto.

 

(c)          No
consent, approval or authorization of, or designation or declaration by any governmental authority is required in connection with
the execution or delivery of this Agreement by the Company or SELLER or the consummation by the Company or SELLER of the transaction
contemplated hereby.

 

(d)          To
the best of the Company’s and SELLER’s knowledge, there are no judgments, liens, actions, suits, proceedings or investigations
pending or in process that could materially affect the Company’s right to enter into and consummate the transactions contemplated
by this Agreement.

 

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(e)          The
Company and SELLER have full and unrestricted legal power, authority and right to enter into this Agreement and upon transfer of
the Membership Interest to BUYER at the Closing, BUYER will be the owner of such Membership Interest and receive legal title to
such Membership Interest, free and clear of all liens, claims, pledges or encumbrances of any kind, nature or description whatsoever.

 

(f)          The
Company is a private limited liability Company duly organized, validly existing and (to the best of the Company’s knowledge)
in good standing under the laws of the jurisdiction of its organization, and has all requisite power to own, lease and operate
its properties and to carry on its business as now being conducted. The Membership Interest constitutes all of SELLER’s right,
title and interest in and to the Company. The Company has not created, and is not aware of, any outstanding options, warrants,
other securities, agreements or commitments pursuant to which any person has or may have the rights to acquire any or all of the
Membership Interest or any other securities or any evidences of indebtedness of the Company, and to Company’s knowledge there
are no existing agreements or arrangements which require or permit any of the Membership Interest to be voted by or at the direction
of anyone other than the record owner thereof.

 

(g)          To
the best of Company’s and SELLER’s knowledge, no action or proceeding at law or in equity is pending against the Company,
SELLER, or any of the Company’s assets before any federal or state court or governmental commission, and no such proceeding
is pending in arbitration or by or before any administrative agency wherein an unfavorable judgment, decision, ruling or finding
would adversely affect the business, operations, assets, condition, financial or otherwise, of the Company.

 

(h)          The
Company and SELLER hereby represent and warrant that they operate the Company’s business in accordance with all applicable
laws and regulations and that it has provided BUYER with all material information related to the Company’s business, assets
and liabilities.

 

6.           Representations,
Covenants, Agreements and Warranties by BUYER. BUYER hereby represents and warrants as follows:

 

(a)          BUYER
has, and will have at the Closing, full lawful power and authority to enter into and to carry out the terms of, and all transactions
contemplated by, this Agreement.

 

(b)          Neither
the execution nor delivery of this Agreement, nor the performance by BUYER of the transactions contemplated by this Agreement will
(1) conflict with or result in a violation or breach of, or constitute a default under, any term or provision of any agreement
or instrument to which BUYER is a party, or (2) result in the imposition of any lien, encumbrance, charge or claim upon any of
BUYER’s assets, and BUYER has full power and authority to carry out all the terms, conditions and provisions of the transactions
contemplated by this Agreement without the consent of any other person not a party hereto.

 

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(c)          No
consent, approval or authorization of, or designation, declaration by any governmental authority is required in connection with
the execution or delivery of this Agreement by BUYER or the consummation by BUYER of the transaction contemplated hereby.

 

(d)          BUYER
has not relied on any business representations or warranties of the Company regarding the Company or BUYER’s acquisition
of the Membership Interest and, together with BUYER’S advisors, BUYER has the requisite knowledge and experience to understand
the risks involved in the transactions contemplated by this Agreement.

 

(e)          The
BUYER is acquiring the Membership Interest for BUYER's own account for investment and not with a view to the distribution or with
the present intention of selling, assigning or otherwise transferring any thereof. BUYER understands that the Membership Interest
has not been registered under the Securities Act of 1933, as amended, and may not be sold, assigned or otherwise transferred without
registration thereunder unless such sale, assignment or transfer does not involve a transaction requiring registration under the
Securities Act of 1933, as amended.

 

7.        SELLER’S
Indemnity.

 

(a)          SELLER
hereby agrees to defend, indemnify and hold BUYER (hereinafter referred to as the “Indemnitee”),
harmless from and against any damages, liabilities, losses and expenses (including but not limited to reasonable attorneys’
fees) which may be sustained or suffered by the Indemnitee as the result of any action, claim, or proceeding whatsoever arising
out of, or based upon, or by reason of SELLER’s past operation of the Company or arising out of any breach or misrepresentation
of this Agreement.

 

(b)          Indemnitee
shall give prompt written notice to SELLER of each claim for indemnification hereunder specifying the amount and nature of the
claim, and of any matter which is likely to give rise to an indemnification claim. Indemnitee has the right to participate at its
own expense in the defense of any such matter or its settlement, or the Indemnitee may direct SELLER’S to take over the defense
of such matter. Failure to give timely notice of a matter which may give rise to an indemnification claim shall not affect the
rights of the Indemnitee to collect such claims from SELLER and/or the Company so long as such failure to so notify SELLER’S
does not materially or adversely affect SELLER’S ability to defend such claim against a third party. SELLER’S, in the
defense of any claim or litigation shall not, except with the consent of the Indemnitee, which consent shall not be unreasonably
withheld or delayed, consent to entry of any judgment or enter into any settlement by which the Indemnitee is to be bound and which
judgment or settlement does not include as an unconditional term thereof the giving by the claimant or plaintiff to the Indemnitee
a release from all liability in respect of such claim or litigation.

 

    	 	4	 

     

    

 

8.         Conditions
Precedent to Performance By SELLER. The obligation of BUYER hereunder to acquire the Membership Interest
pursuant to this Agreement is subject to the satisfaction at or prior to the Closing of all of the following conditions:

 

(a)          SELLER
shall have performed and complied with all terms, covenants and conditions required by this Agreement to be performed or complied
with at or before the Closing.

 

(b)          All
representations and warranties of SELLER contained in this Agreement shall be true and correct at and as of the Closing, with the
same force and effect as if such representations and warranties had been made as of the Closing.

 

9.           Conditions
Precedent to Performance by BUYER and the Company. The obligation of BUYER and the Company hereunder to issue the
Common Stock to SELLER pursuant to this Agreement is subject to the satisfaction, at or prior to the Closing, of all of the following
conditions:

 

(a)          SELLER
shall have performed and compiled with all terms, covenants and conditions required by this Agreement to be performed or complied
with, at or before the Closing.

 

(b)          All
representations and warranties of BUYER contained in this Agreement shall be true and correct at and as of the Closing with the
same force and effect as if such representations and warranties had been made as of the Closing.

 

(c)          All
action, proceedings, instruments and documents required or taken in connection with or to carry out the transactions contemplated
by this Agreement, and all other legal matters, shall have been satisfactory in form and substance to the Company’s counsel.

 

    	 	5	 

     

    

 

10.         Brokers.
SELLER represents and warrants to BUYER and the Company, and BUYER and the Company represent and warrant to SELLER, that the transactions
contemplated by this Agreement have been and shall be carried out by the parties directly with each other and in such a manner
as not to give rise to any valid claims against any of the parties for a brokerage commission, finder's fee or other like payment.

 

11.         Expenses.
BUYER, SELLER and the Company will each pay the fee and expenses of their respective counsel and accountants.

 

12.         Survival.
All representations, warranties, covenants and indemnities made by any party to this Agreement in connection with the transactions
contemplated hereby, or in any exhibit, schedule, certificate, list or other document delivered pursuant hereto, shall survive
the Closing for a period of one (1) year.

 

13.         Notices.
All notice and communications to any party required hereunder shall be in writing and shall be delivered to such party at his,
her or its address set forth at the beginning of this Agreement, or to such other address as such party may designate by notice
given hereunder. Any notices and communications which are mailed, shall be sent by registered or certified first-class mail, postage
prepaid.

 

14.         Assignment.
On or before the Closing Date, no party may assign his, her or its rights, duties or obligations under this Agreement. After the
Closing, the terms, provisions, covenants and conditions of this Agreement shall bind and benefit the parties hereto.

 

15.         Counterparts.
This Agreement may be executed in two or more counterparts, each of which, when so executed and delivered, shall be an original
instrument, but such counterparts, together, shall constitute a single agreement.

 

16.         Entire
Agreement and Amendments. This Agreement, including the exhibits, schedules and certificates referred
to herein which are a part hereof, contains the entire understanding of the parties hereto with respect to the subject matter contained
herein and may be amended only by a written instrument executed by all of the parties hereto, or their respective heirs, successors,
personal representatives and assigns. There are no restrictions, promises, warranties, covenants or undertaking other than those
expressly set forth herein.

 

17.         Governing
Law. This Agreement shall be construed under and be governed by the laws of the State of New York without regard
to principles of conflict of laws. Any action, claim or proceeding brought by any party hereunder shall be commenced exclusively
in the courts of New York, New York. The parties hereto each hereby irrevocably and unconditionally consent to the exclusive jurisdiction
and venue of such courts in any action, claim or proceeding brought under this Agreement.

 

    	 	6	 

     

    

 

18.         Headings.
Headings are inserted for convenience and do not form a part of the Agreement.

 

19.         Company’s
Accounts Receivable. BUYER, SELLER and the Company hereby agree that the Company’s current accounts
payable and accounts receivable are included in the purchase.

 

20.         Company
Deposits: Any and all amounts currently on deposit for the benefit of the Company for utility services, insurance,
rent etc., are and shall remain the sole property of the Company.

 

21.         Severability:
In the event that any of the provisions, or portions thereof, of this Agreement are held to be unenforceable or invalid by any
court of competent jurisdiction, the validity and enforceability of the remaining provisions, or portions thereof, shall not be
affected thereby and effect shall be given to the intent manifested by the provisions, or portions thereof, held to be enforceable
and valid.

 

    	 	7	 

     

    

 

IN
WITNESS WHEREOF, BUYER, the Company and SELLER’S have caused this Agreement to be executed in their respective
names, in person or by their authorized officers, as of the day and year first above written.

 

	SELLER:	 	BUYER:
	 	 	 
	Kona Gold Solutions, Inc.	 	PLAD, Inc. 
	 	 	 
	By:	/s/
    Robert Clark	 	By: 	/s/ Ryan Medico
	Name: Robert Clark	 	Name: Ryan Medico
	Its: CEO	 	Its:
	 	 	 
	Company:	 	 
	 	 	 
	Elev8 Hemp LLC	 	 
	 	 	 
	By: 	/s/ Ryan Medico	 	 
	Name: Ryan Medico	 	 
	Its:	 	 

 

    	 	8

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