Document:

Exhibit
10.30 

 

STOCK
PLEDGE AGREEMENT

 

This
Stock Pledge Agreement (as amended, restated, modified or otherwise supplemented from time to time, this “Agreement”)
is entered into as of June 3, 2021, by and among HUMBL, Inc., a Delaware corporation (“Pledgor”), and
Javier Gonzalez, an individual, and Juan Gonzalez, an individual (each, a “Secured Party”).

 

A.
Secured Parties and Pledgor are parties to that certain Agreement and Plan of Merger of even date herewith (the “Merger Agreement”),
pursuant to which, first, Tickeri I Acquisition Corp., a wholly-owned subsidiary of Pledgor (“First Merger Sub”)
merged with and into Tickeri, Inc., a Delaware corporation, the capital stock of which was 100% owned by the Secured Parties (the “Company”),
whereupon First Merger Sub ceased to exist and the Company survived as a wholly-owned subsidiary of Pledgor, and second, the Company
merged with and into Tickeri II Acquisition Corp., a wholly-owned subsidiary of Pledgor (“Second Merger Sub”),
whereupon the Company ceased to exist and Second Merger Sub survived as a continuing wholly-owned subsidiary of Pledgor, and pursuant
to which Pledgor issued to each Secured Party a Secured Promissory Note of even date herewith in the face amount of $5,000,000.00 (each,
a “Note”), for an aggregate principal amount of $10,000,000 in Notes.

 

B.
Pledgor hereby desires to pledge pursuant to this Agreement all shares of common stock and other equity securities of Second Merger Sub
from time to time held by Pledgor.

 

C.
As borrower under the Notes, Pledgor shall benefit from the loans and other financial accommodations granted to Pledgor pursuant to the
Notes.

 

D.
In order to induce Secured Parties to extend credit to Pledgor pursuant to the Notes, Pledgor has agreed to pledge the Pledged Stock
as security for performance and payment of all obligations under the Notes.

 

NOW,
THEREFORE, the parties hereto agree as follows:

 

1.
Defined Terms. All capitalized terms used and not otherwise defined herein shall have the meanings set forth in the Merger Agreement.
The following terms shall have the following meanings:

 

“Event
of Default” shall have the meaning set forth in the Notes.

 

“Lien”
means any mortgage, lien, deed of trust, charge, pledge, security interest, or other encumbrance.

 

“Obligations”
means all loans, advances, debts, liabilities and obligations, howsoever arising, owed by Pledgor to any Secured Party of every kind
and description (whether or not evidenced by any note or instrument and whether or not for the payment of money), now existing or hereafter
arising under or pursuant to the terms of the Notes, this Agreement or any other instrument or agreement entered into in connection with
the Notes or this Agreement, including, all interest, fees, charges, expenses, attorneys’ fees and costs and accountants’
fees and costs chargeable to and payable by Pledgor hereunder and thereunder, in each case, whether direct or indirect, absolute or contingent,
due or to become due, and whether or not arising after the commencement of a proceeding under Title 11 of the United States Code (11
U.S.C. Section 101 et seq.), as amended from time to time (including post-petition interest) and whether or not allowed or allowable
as a claim in any such proceeding.

 

    	 

     

    

 

“Proceeds”
shall mean “proceeds,” as such term is defined in the UCC and, in any event, shall include, without limitation, (1) all dividends
or distributions in cash or in kind made to Pledgor from time to time in respect of the Pledged Stock, (2) any and all proceeds of any
insurance, indemnity, warranty or guaranty payable to Pledgor from time to time with respect to any of the Pledged Stock, (3) any and
all payments (in any form whatsoever) made or due and payable to Pledgor from time to time in connection with any requisition, confiscation,
condemnation, seizure or forfeiture of all or any part of the Pledged Stock by any foreign or domestic government or any instrumentality
or agency thereof (a “Governmental Authority”) (or any person acting under color of any such Governmental Authority)
and (4) any and all other amounts from time to time paid or payable under or in connection with any of the Pledged Stock. In addition,
the term Proceeds shall include, without limitation, all accounts, chattel paper, deposit accounts, instruments, intellectual property,
equipment, inventory, consumer goods, farm products, documents, general intangibles and other proceeds which arise from the sale, lease,
transfer, or other use or disposition of any kind of the Pledged Stock and all proceeds of any type (all of the foregoing shall have
the meaning given them in the UCC except as otherwise defined herein).

 

“UCC”
shall mean the Uniform Commercial Code as the same may, from time to time, be in effect in the State of Delaware; provided, however,
that in the event that, by reason of mandatory provisions of law, any or all of the attachment, perfection, priority or exercise of remedies
of Lender’s security interest in any of the Pledged Collateral (as defined below) is governed by the Uniform Commercial Code as
in effect in a jurisdiction other than the State of Delaware, the term “UCC” shall mean the Uniform Commercial
Code as adopted and in effect in such other jurisdiction for purposes of the provisions hereof relating to such attachment, perfection,
priority or exercise of remedies and for purposes of definitions related to such provisions.

 

2.
Grant of Security Interest.

 

a.
Grant. As collateral security for the prompt and complete payment and performance when due (whether at stated maturity, by acceleration
or otherwise) of the Obligations, Pledgor hereby grants to Secured Parties for their benefit a security interest in all of Pledgor’s
right, title and interest in, to and under (i) the shares of Second Merger Sub listed on Schedule A hereto together with any additional
shares or other securities of Second Merger Sub hereafter acquired by Pledgor (collectively, with the Securities, the “Pledged
Stock”), (ii) all dividends (including cash dividends), other distributions (including redemption proceeds), or other property,
securities or instruments in respect of or in exchange for the Pledged Stock, whether by way of dividends, stock dividends, recapitalizations,
mergers, consolidations, split-ups, combinations or exchanges of shares or otherwise, and (iii) all Proceeds of the foregoing (collectively,
the “Pledged Collateral”).

 

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b.
Certificates. All certificates and instruments, if any, representing or evidencing the Pledged Collateral shall be delivered to
and held by or on behalf of Lender pursuant hereto and shall be in suitable form for transfer by delivery, or shall be accompanied by
duly executed instruments of transfer or assignment in blank, all in form and substance satisfactory to Lender. Upon the occurrence of
an Event of Default, Lender shall have the right at any time, in its discretion and without further notice to Pledgor, to transfer to
or register in the name of Lender or any of its nominees any or all of the Pledged Collateral.

 

3.
Limitations on Lender’s Rights and Obligations. Until the Obligations are paid in full, it is expressly agreed by Pledgor
that, anything herein to the contrary notwithstanding, (a) no Secured Party shall have any obligation or liability for the performance
by Pledgor of its obligations as a shareholder of Second Merger Sub by reason of or arising out of this Agreement or the granting to
Secured Party of the security interest provided for herein or the receipt by Secured Party of any payment relating hereto, and (b) no
Secured Party shall be required or obligated in any manner to perform or fulfill any of the obligations of Pledgor in its capacity as
a shareholder of Second Merger Sub or to make any inquiry as to the nature or the sufficiency of any payment received by Pledgor or the
sufficiency of any performance by any other party of any obligation owed to Pledgor, as the case may be, or to present or file any claim,
or to take any action to collect or enforce any performance or the payment of any amounts which may have been assigned to Lender or to
which Lender may be entitled at any time or times.

 

4.
Representations, Warranties and Covenants. Pledgor hereby represents and warrants and covenants to Secured Parties that:

 

a.
Capitalization. The Pledged Stock constitutes 100% of Second Merger Sub’s outstanding equity.

 

b.
Title. Except for the security interest granted to Secured Parties pursuant to this Agreement, Pledgor is the sole owner of the
Pledged Stock having good and marketable title thereto, free and clear of any and all Liens and any transfer restrictions affecting the
Pledged Stock other than any restrictions on transfer which may be imposed under Second Merger Sub’s bylaws or other governing
documents or applicable federal and state securities laws.

 

c.
No Other Security Interests. No Lien exists or will exist on any part of the Pledged Collateral.

 

d.
First Priority Perfected Security Interest. This Agreement is effective to create a valid and continuing first priority Lien on
and first priority perfected security interest in the Pledged Stock in favor of Secured Parties and prior to all other Liens, and is
enforceable as such as against creditors of and purchasers from Pledgor.

 

e.
No Conflict. Neither Pledgor’s execution and delivery hereof nor its consummation of the transactions contemplated hereby
nor its compliance with any of the terms and provisions hereof (i) does or will contravene any existing requirement of any Governmental
Authority applicable to or binding on it or any of its properties, (ii) does or will contravene or result in any breach of or constitute
any default under, or result in the creation of any Lien (other than the Lien created hereby) upon any of its property under any organizational
document, indenture, mortgage, chattel mortgage, deed of trust, conditional sales contract, bank loan or credit agreement, partnership
agreement, limited liability company agreement or other agreement or instrument to which it is a party or by which it or any of its properties
be bound or affected, except as may have been validly waived in connection with this Agreement.

 

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f.
Enforceability. Pledgor has duly executed and delivered this Agreement and this Agreement constitutes a legal, valid and binding
obligation of Pledgor enforceable against Pledgor in accordance with the terms hereof, except for the effect of applicable laws regarding
bankruptcy, insolvency, moratorium or fraudulent transfer or similar laws affecting the enforcement of creditors’ rights generally
or by equitable principles relating to enforceability.

 

g.
Litigation. There are no actions or proceedings pending or, to Pledgor’s knowledge, threatened, against or affecting the
Pledged Collateral before any court or administrative agency or arbitrator.

 

h.
Legal Capacity. Pledgor has full power, authority and legal right and capacity to enter into and perform its obligations under
this Agreement and each other document contemplated hereby to which Pledgor is or will be a party and to consummate the transactions
contemplated hereby and thereby.

 

5.
Covenants. Pledgor covenants and agrees with Secured Parties that from and after the effectiveness of this Agreement until the
full payment and performance of Pledgor of the Obligations:

 

a.
Further Assurances. At any time and from time to time, upon the written request of any Secured Party, Pledgor will promptly execute
and deliver any and all such further instruments and documents as any Secured Party may reasonably deem necessary to obtain the full
benefits and security of this Agreement, including, without limitation, executing and filing such financing or continuation statements,
securities account control agreements or amendments thereto, as may be necessary or desirable or that any Secured Party may reasonably
request in order to perfect, preserve and enforce the security interest created hereby.

 

b.
Limitation on Liens on Pledged Collateral. Pledgor will not create, permit or suffer to exist, and will defend the Pledged Collateral
against and take such other action as is necessary to remove, any Lien on the Pledged Collateral, except the Lien granted pursuant to
this Agreement, and will defend the right, title and interest of Secured Parties in and to Pledgor’s rights under the Pledged Collateral
against the claims and demands of all third parties whomsoever. Pledgor shall not cause or permit any amendment to any provision of any
stock purchase agreements with Second Merger Sub or the bylaws of Second Merger Sub that would impair or otherwise negatively affect
the Pledged Collateral or Secured Parties’ rights hereunder without the prior written consent of Secured Parties.

 

c.
Limitations on Disposition. Pledgor will not sell, assign, exchange, lease, transfer, pledge or otherwise dispose of, or grant
any option or other rights with respect to, the Pledged Collateral or any portion thereof.

 

d.
Possession of Pledged Stock Collateral. Pledgor shall deliver any and all additional certificates or other indicia of ownership
of the Pledged Stock to Secured Parties within three business days after receipt by Pledgor and, upon any Secured Party’s request,
shall execute all pledge agreements, security agreements, stock powers, financing statements and all other documents that such Secured
Party deems necessary or advisable to grant Lender a valid, perfected first priority security interest in such Pledged Stock.

 

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6.
Voting Rights. Pledgor shall be permitted to exercise all voting rights with respect to the Pledged Stock; provided, however,
that no vote shall be cast or other action taken which would impair the Pledged Stock or the rights of Secured Parties hereunder or which
would be inconsistent with or result in any violation of any provision of the Notes, the Merger Agreement, any other documents related
to this transaction, or any other provision of this Agreement. Upon the occurrence and during the continuance of an Event of Default,
all rights of Pledgor to exercise the voting rights which it would otherwise be entitled to exercise pursuant to this Section 6 or to
receive the dividends or distributions on account of the Pledged Collateral shall cease and all such rights shall thereupon become vested
in Secured Parties which shall thereupon have the sole right, but not the obligation, to exercise such voting and other consensual rights
and to receive and hold as Pledged Collateral such dividends and distributions.

 

7.
Remedies.

 

a.
If an Event of Default has occurred and is continuing (and has not been rescinded or waived pursuant to the Notes), in addition to, and
not by way of limitation of, all rights and remedies granted in this Agreement and in any other instrument or agreement securing, evidencing
or relating to the Notes or otherwise available at law or in equity, without any other notice to or demand upon Pledgor, Secured Parties
shall have all rights and remedies of a secured party under the UCC. Without limiting the generality of the foregoing, each Secured Party,
without demand of performance or other demand, presentment, protest, advertisement or notice of any kind (except any notice required
by applicable law referred to below) to or upon Pledgor or any third party (all and each of which demands, defenses, advertisements and
notices are to the fullest extent permitted by applicable law hereby waived), may in such circumstances forthwith collect, receive, appropriate,
foreclose and realize upon the Pledged Collateral so pledged hereunder, or any part thereof, and may assume control over the operations
of Second Merger Sub free and clear of any claims or encumbrances of Pledgor, and/or may forthwith sell, assign, give option or options
to purchase or otherwise dispose of and deliver the Pledged Collateral or any part thereof (or contract to do any of the foregoing),
in one or more units at public or private sale or sales upon such terms and conditions as it may deem advisable and at such prices as
it may deem best, for cash or on credit or for future delivery without assumption of any credit risk. Each Secured Party shall have the
right upon any such public sale or sales, and, to the fullest extent permitted by applicable law, upon any such private sale or sales,
to purchase the whole or any part of the Pledged Collateral so sold, free of any right or equity of redemption in Pledgor, which right
or equity is hereby waived or released to the extent permitted by applicable law. Secured Parties shall apply any Proceeds from time
to time held by it and the net proceeds of any such collection, recovery, receipt, appropriation, realization or sale, after deducting
all reasonable costs and expenses of every kind incurred therein or incidental to the care or safekeeping of any of the Pledged Collateral
or in any way relating to the Pledged Collateral or the rights of any Secured Party hereunder, including, without limitation, reasonable
attorneys’ fees and disbursements, to the payment in whole or in part of the Note, and only after such application and after the
payment by any Secured Party of any other amount required by any provision of applicable law.

 

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b.
Pledgor recognizes that Secured Parties may be unable to effect an unrestricted public sale of any or all of the Pledged Stock, by reason
of certain prohibitions in the Securities Act of 1933, as amended, and applicable state securities laws or otherwise, and may be compelled
to resort to one or more public or private sales thereof to a restricted group of purchasers which will be obligated to agree, among
other things, to acquire such securities for their own account for investment and not with a view to the distribution or resale thereof.
Pledgor acknowledges and agrees that any such private sale or restricted public sale may result in prices and other terms less favorable
to Secured Parties than if such sale were an unrestricted public sale and agrees that such circumstances shall not, in and of themselves,
result in a determination that such sale was not made in a commercially reasonable manner.

 

c.
In the event Secured Parties foreclose on the Pledged Stock, Pledgor shall be deemed to have satisfied the Notes in full and Secured
Parties shall have no further recourse against Pledgor with respect to the Notes.

 

8.
Reinstatement. This Agreement shall, to the fullest extent permitted by applicable law, remain in full force and effect and continue
to be effective should any petition be filed by or against Pledgor for liquidation or reorganization, should Pledgor become insolvent
or make an assignment for the benefit of creditors or should a receiver or trustee be appointed for all or any significant part of Pledgor’s
assets, and shall continue to be effective or be reinstated, as the case may be, to the fullest extent permitted by applicable law, if
at any time payment and performance of the Notes, or any part thereof, is, pursuant to applicable law, rescinded or reduced in amount,
or must otherwise be restored or returned by any obligee of the Notes, whether as a “voidable preference,” “fraudulent
conveyance,” or otherwise, all as though such payment or performance had not been made. In the event that any payment, or any part
thereof, is rescinded, reduced, restored or returned, the Note, to the fullest extent permitted by applicable law, shall be reinstated
and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned.

 

9.
Successors and Assigns. The terms and provisions of this Agreement shall be binding upon, and, subject to the provisions of this
Section 9, the benefits thereof shall inure to, the parties hereto and their respective successors and assigns; provided, however, that
Pledgor shall not assign this Agreement or any of the rights, duties or obligations of Pledgor hereunder without the prior written consent
of Secured Parties.

 

10.
Notices. Any notice or communication given pursuant to this Agreement by any party to any other party shall be in writing and
shall be sufficiently given if personally delivered, sent by facsimile or other means of electronic transmission or sent by mail, postage
prepaid to the parties at the following addresses or to such other address as any party may hereafter designate to the others by like
notice:

 

if
to Pledgor:

 

HUMBL,
Inc.

Attn:
Jeff Hinshaw

600
B Street, Suite 300

San
Diego, California 92101

Email:
jeff@humblpay.com

 

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If
to Secured Party:

 

Javier
Gonzalez

41865
Rawnsley Drive

Ashburn,
VA 20148

 

Juan
Gonzalez

41865
Rawnsley Drive

Ashburn,
VA 20148

 

With
a copy, which shall not constitute notice, to:

 

Andrew
P. Sparks

Wilson
Sonsini Goodrich & Rosati, P.C.

139
Townsend Street, Suite 150

San
Francisco, CA 94107

 

Each
such notice or other communication shall for all purposes of this Agreement be treated as effective or having been given when delivered
if delivered personally, or, if sent by mail, at the earlier of its receipt or four (4) days after the same has been deposited in a regularly
maintained receptacle for the deposit of the United States mail, addressed and mailed as aforesaid or, if sent by facsimile, upon confirmation
of facsimile transfer or, if sent by electronic mail, upon confirmation of delivery when directed to the electronic mail address set
forth above. In the event of any conflict between Lender’s books and records and this Agreement or any notice delivered hereunder,
Lender’s books and records will control absent fraud or error.

 

11.
Severability. If any provision hereof is invalid and unenforceable in any jurisdiction, then, to the fullest extent permitted
by law, (a) the other provisions hereof shall remain in full force and effect in such jurisdiction and shall be liberally construed in
favor of Secured Parties in order to carry out the intentions of the parties hereto as nearly as may be possible and (b) the invalidity
or unenforceability of any provision hereof in any jurisdiction shall not affect the validity or enforceability of such provision in
any other jurisdiction.

 

12.
Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all
of which together shall constitute one and the same instrument. The parties hereto confirm that any telecopy or electronic copy of another
party’s executed counterpart of this Agreement (or its signature page thereof) will be deemed to be an executed original thereof.

 

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13.
No Waiver; Cumulative Remedies. Secured Parties shall not by any act, delay, omission or otherwise be deemed to have waived any
of its rights or remedies hereunder, and no waiver shall be valid unless in writing, signed by Secured Parties, and then only to the
extent therein set forth. A waiver by Secured Parties of any right or remedy hereunder on any one occasion shall not be construed as
a bar to any right or remedy which Secured Parties would otherwise have had on any future occasion. No failure to exercise nor any delay
in exercising on the part of Secured Parties, any right, power or privilege hereunder, shall operate as a waiver thereof, nor shall any
single or partial exercise of any right, power or privilege hereunder preclude any other or future exercise thereof or the exercise of
any other right, power or privilege. The rights and remedies hereunder provided are cumulative and may be exercised singly or concurrently,
and are in addition to any rights and remedies provided by law. None of the terms or provisions of this Agreement may be waived, altered,
modified or amended except by an instrument in writing, duly executed by Secured Parties and, where applicable, by Pledgor.

 

14.
Construction and Interpretation. The parties hereto have participated jointly in the negotiation and drafting of this Agreement
and each party has been represented by his or its own legal counsel. In the event an ambiguity or question of intent or interpretation
arises, this Agreement shall be construed as if drafted jointly by the parties and no presumption or burden of proof shall arise favoring
or disfavoring any party by virtue of the authorship of any of the provisions of this Agreement.

 

15.
Governing Law and Consent to Jurisdiction. This Agreement is made under the laws of the State of Delaware and shall be governed
by and construed and enforced in accordance with the laws of such state without regard to the principles of conflicts of laws. By executing
this Agreement, all parties hereto agree to submit to the exclusive jurisdiction of and agree to the venue of the courts of the State
of California located in San Diego County, California. The parties hereto agree not to bring any action in any court of law located outside
of San Diego County, California.

 

16.
Headings. Captions and headings in this Agreement are for convenience only and are not to be deemed part of this Agreement.

 

17.
Power of Attorney; Appointment and Powers of Lender. Upon the occurrence and during the continuance of an Event of Default, Pledgor
hereby irrevocably constitutes and appoints each Secured Party and any officer or agent thereof, with full power of substitution, as
its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of Pledgor or in such Secured Party’s
own name, for the purpose of carrying out the terms of this Agreement, to take any and all appropriate action and to execute any and
all documents and instruments that may be necessary or desirable to accomplish the purposes of this Agreement and, without limiting the
generality of the foregoing, hereby gives such attorneys the power and right, on behalf of Pledgor, without notice to or assent by Pledgor,
to do the following:

 

a.
generally to sell, transfer, pledge, make any agreement with respect to or otherwise deal with any of the Pledged Stock in such manner
as is consistent with the UCC and as fully and completely as though Lender was the absolute owner thereof for all purposes, and to do
at Pledgor’s expense, at any time, or from time to time, all acts and things which Lender deems necessary to protect, preserve
or realize upon the Pledged Stock and Lender’s security interest therein, in order to effect the intent of this Agreement, all
as fully and effectively as Pledgor might do, including, without limitation, (A) upon written notice to Pledgor, the exercise of voting
rights with respect to the Pledged Stock, which rights may be exercised, if Lender so elects, with a view to causing the liquidation
of assets of Second Merger Sub, and (B) the execution, delivery and recording, in connection with any sale or other disposition of any
Pledged Stocks, of the endorsements, assignments or other instruments of conveyance or transfer with respect to such Pledged Stock; and

 

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b.
to the extent that Pledgor’s authorization given in Section 17 is not sufficient, to file such financing statements with respect
hereto, with or without Pledgor’s signature, or a photocopy of this Agreement in substitution for a financing statement, as Lender
may deem appropriate and to execute in Pledgor’s name such financing statements and amendments thereto and continuation statements
which may require Pledgor’s signature.

 

18.
Termination. Upon the full payment of the Obligations and performance of the Notes, this Agreement shall terminate and be of no
further force and effect. Upon any such termination, Secured Parties shall deliver to Pledgor the Pledged Stock in their possession together
with such documents as Pledgor may reasonably request to evidence such termination at Pledgor’s expense.

 

19.
Authorization to File UCC Financing Statements. Pledgor hereby authorizes Secured Parties to file UCC financing statements concerning
the Pledged Collateral. Pledgor will execute and deliver any documents (properly endorsed, if necessary) reasonably requested by any
Secured Party for the perfection or enforcement of any security interest or lien, give good faith, diligent cooperation to Lender, and
perform such acts reasonably requested by any Secured Party for perfection and enforcement of any security interest or lien, including,
without limitation, obtaining control for purposes of perfection with respect to the Pledged Collateral. Each Secured Party is authorized
to file, record, or otherwise utilize such documents as it deems necessary to perfect and/or enforce any security interest or lien granted
hereunder.

 

[Remainder
of page intentionally left blank]

 

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IN
WITNESS WHEREOF, each of the parties hereto has caused this Agreement to be executed as set forth above.

 

	 	 	PLEDGOR:
	 	 	 
	 	 	HUMBL,
    INC.
	 	 	 
	 	 	By:
    	 
	 	 	 	Brian
    Foote, CEO
	 	 	 	 
	SECURED
    PARTIES:	 	 	 
	 	 	 	 
	 	 	 	 
	Javier
    Gonzalez	 	 	 
	 	 	 	 
	 	 	 	 
	Juan
    Gonzalez	 	 	 

 

[Signature
Page to Stock Pledge Agreement]

 

    	 

     

    

 

Schedule
A

Shares

 

100
shares of common stock of Tickeri II Acquisition Corp. issued in book entry form.

 

[Signature
Page to Stock Pledge Agreement]Exhibit
10.31 

 

EMPLOYMENT
AGREEMENT

 

This
Employment Agreement (this “Agreement”)
is entered into by and between Tickeri, Inc., a Delaware corporation (the “Company”), and Juan Gonzalez, an individual
(“Employee”), effective as of June 3, 2021 (the “Effective Date”).

 

In
consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the parties hereof agree as follows:

 

1.
Employment. The Company hereby employs Employee, and Employee hereby accepts such employment, on the terms and conditions of this
Agreement.

 

2.
Term. By signing this Agreement, Employee reiterates his intention to remain employed with the Company for a period of time beginning
on the Effective Date and ending on the date that is eighteen (18) months from the Effective Date (the “Initial Term”),
unless earlier terminated pursuant to Section 6 below. Following the Initial Term, this Agreement will remain in effect until terminated
by either party with fifteen (15) days’ prior written notice (the time during which Employee is employed by the Company is referred
to hereinafter as the “Term”).

 

3.
Duties.

 

3.1. General
Duties. Employee shall be employed as the Chief Executive Officer of the Company, and shall have such duties, responsibilities
and obligations as are established by the Company or are generally required of persons employed in similar positions. Employee shall
also perform such other services and duties for the Company which are appropriate and customary to the offices and positions held by
Employee and assigned or delegated to him from time to time by the Company. Employee shall report directly to HUMBL, Inc.’s
(“HUMBL”) Chief Executive Officer, Brian Foote.

 

3.2.
Performance. To the best of his ability and experience, Employee will at all times during the Term loyally and conscientiously
perform all duties, and discharge all responsibilities and obligations, required of and from him pursuant to the express and implicit
terms hereof, and to the reasonable satisfaction of the Company. Employee shall devote substantially all his business time, energy, skill
and attention to the business of the Company, and the Company shall be entitled to all of the benefits and profits arising from or incident
to all such work, services, and advice of Employee rendered to the Company during the Term.

 

4.
Compensation and Benefits.

 

4.1.
Salary. The Company shall pay to Employee an annual base salary of $150,000.00 (“Annual Base Salary”). Employee’s
Annual Base Salary, which shall be prorated for any partial employment period, will be payable in equal bi-weekly installments or at
such other intervals as may be established for the Company’s customary payroll schedule, less all applicable federal, state and
local income and employment tax withholdings required by law.

 

4.2.
Employee Benefits. During the Term, Employee will be entitled to participate in the employee benefit plans currently and hereafter
maintained by the Company of general applicability to other similarly situated employees of the Company. The Company reserves the right
to cancel or change the benefit plans and programs it offers to its employees at any time.

 

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4.3.
Vacation. Employee will be entitled to fifteen (15) days of paid vacation per year, with the timing and duration of specific vacations
mutually and reasonably agreed to by the parties hereto. Unused vacation days shall not be carried forward from year to year, nor shall
Employee be compensated for any unused vacation days.

 

4.4.
Expenses. The Company will reimburse Employee for reasonable travel, entertainment or other expenses incurred by Employee in the
furtherance of or in connection with the performance of Employee’s duties hereunder, provided that such expenses are pre-approved
in writing by the Company, are not in excess of any travel/expense budget provided to Employee, and Employee provides all receipts and
other supporting documentation as may be requested by the Company.

 

4.5.
Bonus. In the Company’s discretion and depending on various factors, including without limitation the profitability of the
Company, Employee may be eligible for certain bonuses, which Company may pay in such amounts and at such times as it deems appropriate.

 

5.
Restrictions.

 

5.1.
No Use of Company Property for Personal Use. No Company property may be used for personal purposes by Employee without the prior
written consent of the Company. Additionally, no personal expenses are to be paid for with Company funds.

 

5.2.
Corporate Opportunity Doctrine. As an employee of the Company, Employee hereby acknowledges and agrees that the “corporate
opportunity” doctrine applies to Employee with respect to his fiduciary duties to the Company. As a result, Employee agrees to
provide the Company with a right to review and accept various business opportunities that may be complimentary to the Company’s
business operations. Any business opportunity that is rejected by the Company in writing will then be excluded from the restrictions
otherwise applicable to Employee under this Section 5.2.

 

6.
Termination of Employment.

 

6.1.
Death or Disability. If Employee’s employment shall terminate due to his/her death or Disability (defined below), Employee
(or his/her estate) shall be paid, in lieu of all other payments hereunder, the following: (1) accrued and unpaid salary through the
effective date of the termination of Employee’s employment with Company (“Date of Termination”); and (2) reimbursement
for all actual and previously unreimbursed out-of-pocket business expenses properly incurred to the Date of Termination in accordance
with Company’s standard business expense reimbursement policies (collectively, the “Accrued Amounts”). The Accrued
Amounts shall be paid to Employee’s surviving spouse, if any, or otherwise to Employee’s estate, in a single lump sum payment
within thirty (30) days of Employee’s death, or, if otherwise provided in an applicable employee benefit plan, in accordance with
the time and form of payment provisions of such plan, in accordance with applicable law. For purposes of this Agreement “Disability”
shall mean that Employee has been prevented from working for more than a continuous period of twelve (12) weeks, or for shorter periods
aggregating more than ninety (90) days in any consecutive twelve (12) month period, because of physical or mental incapacity or other
disability for which Employee has been provided all legally required leaves of absence and reasonable accommodations.

 

    	2

     

    

 

6.2.
Termination Without Cause or Resignation for Good Reason. If (1) Company terminates Employee’s employment during the Initial
Term other than (a) due to Employee’s death or Disability or (b) for Cause (as defined below); or (2) if Employee resigns from
Employee’s employment for Good Reason (as defined below) during the Initial Term, Employee shall receive the Accrued Amounts on
the Date of Termination and, in addition, subject to the Severance Conditions below, (i) Company shall provide a severance payment equal
to three (3) months of Employee’s salary as of the Date of Termination (the “Severance Payment”), divided and
paid in equal installments over a period of three (3) months in accordance with Company’s regular payroll practices starting on
the first regular payday occurring after the effective date of the Release (as defined below), and (ii) the Company will reimburse Employee
for COBRA premiums (at the coverage levels and at the Company-paid rate in effect immediately prior to such termination) for Employee
and Employee’s covered dependents until the earliest of (A) the date that is three (3) months following the Date of Termination,
(B) the date that Employee (or Employee’s spouse or dependents, as applicable) are no longer eligible for COBRA coverage or (C)
the date when Employee receives substantially equivalent health insurance coverage in connection with new employment (the “COBRA
Benefit”). Company’s obligation to pay Employee the Severance Payment and COBRA Benefit shall be conditioned on Employee’s
satisfaction of the following (the “Severance Conditions”): (1) Employee must first sign, and allow to become effective,
a Company-approved separation agreement, which shall include a full general release in a form acceptable to Company, releasing all claims,
known or unknown, that Employee may have against Company arising out of or any way related to Employee’s employment or termination
of employment with Company (the “Release”); and (2) on or before the effective date of the Release, Employee must
have (i) reconfirmed Employee’s agreement to abide by all of the surviving provisions of this Agreement and any other agreement
between Employee and Company, (ii) agreed to cooperate in the transition of Employee’s employment; and (iii) agreed not to make
any voluntary statements, written or oral, or cause or encourage others to make any such statements that defame, disparage, or in any
way criticize the personal and/or business reputations, practices, or conduct of the Company or any of its affiliates. All other Company
obligations to Employee will be automatically terminated and completely extinguished.

 

6.3.
Termination for Cause. Company shall have the right at any time, upon written notice to Employee, to terminate Employee’s
employment immediately for Cause. If Company terminates Employee’s employment for Cause, Employee shall have no right to receive
any further compensation other than the Accrued Amounts. In the event that Company terminates Employee’s employment for Cause,
Company shall pay Employee Employee’s Accrued Amounts on the Date of Termination.

 

As
used herein “Cause” shall mean: (a) conviction or entry of a plea of nolo contendere for any felony; (b) embezzlement,
misappropriation, fraud, dishonesty, unethical business conduct, or breach of fiduciary duty to Company or any affiliate (other than
those acts that are curable without damage to the Company and/or its affiliates, in which case Employee will have ten (10) days to cure
such breach following written notice thereof to Employee by Company, and other than those acts that do not result in material harm to
the Company); (c) inability or refusal to substantially perform Employee’s duties hereunder and Employee’s failure to cure
such condition within 30 days after receiving written notice thereof by the Company; (d) failure to follow reasonable and lawful directions
from the persons to whom Employee report and Employee’s failure to cure such condition within 30 days after receiving written notice
thereof by the Company; (e) use of alcohol or use of illegal drugs, interfering with performance of Employee’s obligations to Company
or any affiliate, continuing after written warning; (f) commission of any willful or intentional act which materially injures or could
reasonably be expected to materially injure the reputation, business or business relationships of Company, any affiliate, Employee or
other employees of Company or any affiliates; (g) willful disregard or violation of Company’s or any affiliate’s written
policies regarding harassment or discrimination, or any other material violation of Company’s or any affiliate’s written
policies as in effect from time to time and Employee’s failure to cure such breach within 30 days after receiving written notice
thereof by the Company; (h) gross negligence or willful misconduct in the performance Employee’s duties or with regard to the assets,
business or employees of Company or any affiliates; (i) material breach of Employee’s obligations to Company or any affiliate (other
than those acts that are curable without damage to the Company and/or its affiliates, in which case Employee will have ten (10) days
to cure such breach following written notice thereof to Employee by Company); (j) usurpation of a corporate opportunity; or (k) misappropriation,
unauthorized use or disclosure of Proprietary Information that results in a material breach of this Agreement.

 

    	3

     

    

 

As
used herein “Good Reason” shall mean Employee’s resignation due to the occurrence of any of the following conditions
which occurs without Employee’s written consent, provided that the requirements regarding advance notice and an opportunity to
cure set forth below are satisfied: (i) a material reduction of Employee’s duties, authority, responsibilities or reporting relationship
relative to Employee’s duties, authority, responsibilities or reporting relationship as in effect immediately prior to such reduction;
(ii) a 10% or more reduction in Employee’s then-current salary; (iii) any material breach by the Company or any successor corporation
of any material provision of this Agreement; (iv) the failure of any acquirer or successor to the Company or any affiliate of such affiliate
or successor to assume or otherwise continue the obligations under this Agreement; or (v) the Company (or its successor) conditions Employee’s
continued service on Employee being transferred to a site of employment that would increase Employee’s one-way commute by more
than 30 miles from Employee’s then principal residence. In order for Employee to resign for Good Reason, Employee must provide
written notice to the Company of the existence of the Good Reason condition within 90 days of the initial existence of such Good Reason
condition. Upon receipt of such notice, the Company will have 30 days during which it may remedy the Good Reason condition and not be
required to provide the payments or benefits described herein as a result of such proposed resignation. If the Good Reason condition
is not remedied within such 30-day period, Employee may resign based on the Good Reason condition specified in the notice effective no
later than 60 days following the expiration of the 30-day cure period.

 

6.4.
Employee Resignation. If Employee resigns from Employee’s employment for any reason other than for Good Reason, Employee’s
resignation shall be considered a material breach of this Agreement. Notwithstanding the foregoing, in such event, only the following
shall apply: (i) Company shall pay Employee Employee’s Accrued Amounts on the Date of Termination, (ii) all other Company obligations
to Employee hereunder, and all Employee’s obligations to Company hereunder, shall be automatically terminated and completely extinguished,
(iii) this Agreement shall be automatically terminated, and (iv) each party shall have no claims against or liability to the other party
under this Agreement. Further notwithstanding the foregoing, during the Initial Term, Employee may only resign after first providing
120 days’ prior written notice to the Company.

 

6.5.
No Further Obligations. The amounts and benefits provided for in this Section shall be in lieu of any termination or severance
payments or benefits for which Employee may be eligible or entitled, now or in the future, under any of the plans, policies, or programs
of Company or any of its subsidiaries or affiliates. In addition, the amounts and benefits provided for in this Section shall be inclusive
of all statutory severance payable or otherwise provided to Employee in relation to Employee’s employment by Company and the termination
of Employee’s employment under this Agreement and compensation for all required notice periods. Except as otherwise expressly set
forth in this Section, from and after the date of such termination, Employee shall (i) have no right to receive any further compensation
(including salary or bonus) hereunder, and, (ii) except to the extent required by law, cease to be covered under or be permitted to actively
participate in any benefits plans or programs.

 

6.6.
Resignation from Officer Positions. If Employee’s employment with Company terminates for any reason, Employee shall be deemed
to have resigned at that time from any and all positions that Employee may have held with Company or any of its affiliates, as designated
by Company, or any other positions that Employee held on behalf of Company. If, for any reason, this Section is deemed insufficient to
effectuate such resignation, following a reasonable opportunity to review, Employee hereby authorizes Company to execute any documents
or instruments consistent herewith which Company may deem necessary or desirable to effectuate such resignation or resignations, and
to act as Employee’s attorney-in-fact. Company will provide Employee with a copy of such documents.

 

    	4

     

    

 

6.7.
Section 409A. Certain payments and benefits payable under this Agreement are intended to be exempt from, or comply with, Section
409A of the Internal Revenue Code of 1986, as amended (the “Code”) and the Treasury Regulations and Internal Revenue
Service guidance thereunder. To the extent the payments and benefits under the Agreement are subject to Section 409A of the Code, the
Agreement shall be interpreted, construed and administered in a manner that satisfies the requirements of Sections 409A (a) (2), (3)
and (4) of the Code and the Treasury Regulations and Internal Revenue Service guidance thereunder. Each payment and benefit payable under
this Agreement is intended to constitute a separate payment for purposes of Section 1.409A-2(b)(2) of the Treasury Regulations. If the
parties determine that any payments or benefits payable under this Agreement subject to Section 409A of the Code do not comply with Section
409A of the Code, Company and Employee agree to amend this Agreement, or take such other actions as Company and Employee reasonably deem
necessary or appropriate, to comply with the requirements of Section 409A of the Code, while preserving benefits that are, in the aggregate,
no less favorable than the benefits as provided to Employee under this Agreement. If any provision of this Agreement would cause such
payments or benefits to fail to so comply, such provision shall not be effective and shall be null and void with respect to such payments
or benefits, and such provision shall otherwise remain in full force and effect.

 

7.
Noncompetition and Nonsolicitation.

 

7.1.
Noncompetition. During the Term and until the later of either: (i) one (1) year after the termination or expiration of this Agreement,
and (ii) two (2) years after the Effective Date (the “Restricted Period”), Employee shall not, directly or indirectly
(whether as a principal, agent, independent contractor, employee, partner, member, owner, or in any other similar capacity), own, manage,
operate, control, participate in, perform services for, be employed by, or otherwise carry on, a business similar to or competitive with
the Company’s business anywhere in the United States or Latin America in which the Company, during
the Term, is engaged or intends to become engaged in the Company’s business. Notwithstanding the foregoing, Employee shall not be prohibited
from owning not more than one percent of the voting stock of any publicly traded entity that competes with the Company.

 

7.2. Nonsolicitation
of Company Employees. During the Restricted Period, Employee shall not, directly or indirectly, recruit, solicit, induce, or
influence (or seek to induce or influence) any person who is employed by, hired by, affiliated with, or acts as a consultant,
independent contractor, or salesperson for, HUMBL or the Company  to terminate or alter his/her relationship with the
Company or HUMBL.

 

7.3.
Nonsolicitation of Customers. During the Restricted Period, Employee shall not, directly or indirectly, without the prior written
consent of the Company, solicit, encourage or take any other action which is intended to induce or encourage, or has the effect of inducing
or encouraging, any customer, client or supplier who or which is, or had been within the prior two years, a customer or potential customer,
or supplier or potential supplier, of the Company or HUMBL to terminate or alter in any way such customer’s, client’s,
or supplier’s relationship with the Company or HUMBL, nor shall Employee call on or solicit any such customers, clients or suppliers
with respect to or on behalf of any business similar to or competitive with the Company’s or HUMBL’s business.

 

7.4.
Remedies; Liquidated Damages. Employee expressly agrees and acknowledges that the covenant not to compete and the nonsolicitation
covenants contained in this Section 7 are for the Company’s protection because of the nature and scope of the Company’s business
and Employee’s position with and the scope of the duties, responsibilities and obligations delegated to Employee by the Company
hereby. If any of the covenants or agreements contained in this Section 7 are violated or breached by Employee, Employee agrees and acknowledges
that any such violation or threatened violation or breach or threatened breach will cause irreparable injury to the Company and that
the remedy at law for any such violation or threatened violation or breach or threatened breach will be inadequate and that the Company
will be entitled to injunctive relief and other equitable remedies without the necessity of proving actual damages or posting a bond.
The noncompetition and nonsolicitation provisions set forth in Sections 7.1, 7.2, and 7.3 hereof, respectively, shall be extended by
any period of time during which Employee is in violation or breach of this Section 7. In addition to the injunctive relief and other
remedies previously described, Employee and the Company agree that the amount of damage resulting to the Company from a violation of
Sections 7.1 and 7.3 hereof is difficult to ascertain and quantify, and therefore Employee acknowledges and agrees that the Company shall
be entitled to liquidated damages from Employee in the amount of any money received by Employee from any competitive business or any
client or customer of the Company multiplied by two. Such damages shall be paid by Employee within ten (10) days after receipt of written
demand from the Company, and if not so paid may be offset against any amounts owed by the Company to Employee. Employee and the Company
agree that such liquidated damages shall not be deemed a penalty and are a good faith approximation of the damages to the Company as
a result of any violation of Sections 7.1 and 7.3.

 

    	5

     

    

 

7.5.
Interpretation. It is the intention of the parties hereto that the noncompetition and nonsolicitation covenants contained in this
Section 7 be enforced to the greatest extent (but to no greater extent) in time, scope, and degree of participation as is permitted by
applicable law. To this end, the parties hereto agree that such covenants shall be construed to extend in time and territory and with
respect to degree of participation only so far as they may be enforced, and that such covenants are to that end hereby declared divisible
and severable because it is a purpose of this Agreement to govern competition by Employee anywhere in the United States and Latin America
in which the Company, during the Restricted Period, is engaged or intends to become engaged in the Company’s business.

 

7.6.
Employee Acknowledgement. Employee acknowledges that Employee’s covenants and agreements in this Section 7 are reasonable
and necessary to protect the Company’s legitimate interest in its proprietary information and goodwill. Employee acknowledges that
this Section 7 is not so broad as to prevent Employee from earning a livelihood or practicing Employee’s chosen profession after
termination or expiration of this Agreement. Employee further acknowledges that the covenants and agreements in this Section 7 shall
remain enforceable if the Company terminates Employee’s relationship with the Company under this Agreement. Employee further acknowledges
and agrees that without such restrictions, the Company would not have entered into this Agreement.

 

8.
Confidentiality Agreement. Employee agrees to execute a Confidential Information, Invention Assignment, and Arbitration Agreement
in substantially the form attached hereto as Exhibit A (the “Confidentiality Agreement”).

 

9.
Miscellaneous.

 

9.1.
Severability. If any court determines that any provision of this Agreement or any part thereof is invalid or unenforceable, the
remainder of this Agreement shall be given full force and effect without regard to the invalid portions. If any court determines that
any provision of this Agreement or any part thereof is unenforceable because of the duration or geographic scope of such provision, such
court shall have the power to reduce the duration or scope of such provision, as the case may be and in its reduced form such provision
shall then be enforceable.

 

9.2.
Notices. Any notice required or permitted hereunder to be given by either party shall be in writing and shall be delivered personally
or sent by certified or registered mail, postage prepaid, or by overnight courier, or by facsimile or email to the party to the address
the party may designate from time to time. A notice delivered personally shall be effective upon receipt. A notice sent by facsimile
or email shall be effective twenty-four (24) hours after the dispatch thereof. A notice delivered by mail or by overnight courier shall
be effective on the earlier of the date delivered (or delivery refused) or the third day after the day of mailing.

 

    	6

     

    

 

9.3.
Attorneys’ Fees. In the event of any action at law or in equity to enforce or interpret the terms of this Agreement, the
parties agree that the prevailing party shall 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 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.

 

9.4.
Successors and Assigns. The rights and obligations of the Company under this Agreement shall inure to the benefit of and shall
be binding upon the successors and assigns of the Company. This Agreement is for the unique personal services of Employee, and Employee
shall not be entitled to assign any of his rights or obligations hereunder.

 

9.5.
Entire Agreement. This Agreement and any exhibits hereto constitute the entire agreement between the parties with respect to the
employment of Employee. This Agreement can be amended or modified only in a writing signed by Employee and an authorized representative
of the Company.

 

9.6.
Counterparts. This Agreement may be executed in counterparts and by facsimile or electronic delivery of signature pages, each
of which shall be deemed an original and all of which together shall be considered one and the same agreement.

 

9.7.
Governing Law; Consent to Personal Jurisdiction. This Agreement will be governed by the laws of the State of California without
regard to California’s conflicts-of-law, except that any dispute regarding the enforceability of the arbitration section of this
Agreement shall be governed by the FAA. To the extent that any lawsuit is permitted under this Agreement, Employee hereby expressly consents
to the personal and exclusive jurisdiction and venue of the state and federal courts located in San Diego County, California for any
lawsuit filed against Employee by the Company.

 

9.8.
Arbitration. This Agreement shall be subject to the arbitration provisions set forth in Section 10 of the Confidentiality Agreement.

 

9.9.
Further Assurances. Each party agrees to execute and deliver, or cause to be executed and delivered, all such documents and instruments
and shall take, or cause to be taken all such further or other actions as are reasonably necessary or desirable upon the request of any
other party to more fully effectuate the purposes and intent of this Agreement.

 

9.10.
Modification. No provision of this Agreement shall be amended, waived or modified except by an instrument in writing signed by
all of the parties hereto.

 

9.11.
Waiver. The waiver by either party of a breach by the other party of any provision of this Agreement shall not operate or be construed
as a waiver of any subsequent breach.

 

9.12.
Advice of Counsel. Employee hereby acknowledges that he has been, and hereby is, advised to seek legal counsel and to review this
document with legal counsel of Employee’s choice. Employee acknowledges that this Agreement is written in a manner understandable
to Employee.

 

9.13.
Voluntary Execution. Employee represents and warrants that he has signed this Agreement voluntarily and of his own free will and
that he has not been subjected to duress or undue influence from any source.

 

9.14.
Waiver of Jury Trial. as a specifically bargained inducement for each of the parties to
enter into this agreement (each party having had opportunity to consult counsel), each party expressly WAIVES THE RIGHT TO TRIAL BY JURY
IN ANY PROCEEDING RELATING TO OR ARISING IN ANY WAY FROM THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED IN THIS AGREEMENT.

 

[Remainder
of page intentionally left blank; signature page to follow]

 

    	7

     

    

 

In
witness whereof, the parties hereto have executed this Employment Agreement as of the date first written above.

 

	 	COMPANY:
	 	 	 
	 	TICKERI, INC.

	 	 	 
	 	By:	      
	 	Printed
    Name:	 
	 	Title:	 
	 	 	 
	 	EMPLOYEE:
	 	 
	 	Juan Gonzalez, an individual

 

[Signature
Page to Employment Agreement]

 

    	 

     

    

 

EXHIBIT
A

 

CONFIDENTIAL
INFORMATION, INVENTION ASSIGNMENT, AND ARBITRATION AGREEMENT

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