Document:

Exhibit 10.15

 

*** Text Omitted and Filed Separately

Confidential Treatment Requested

Under 17 C.F.R. §§ 200.80(b)(4)

and 240.24b-2

 

Roasting and Distribution Agreement

 

This Roasting and Distribution Agreement (“Agreement”),
having effect as and from 1st day of January, 2012 (the “Effective Date”) is made by and between:

 

JJC CORP (“JJC”) a company incorporated
in the state of Nevada, having its principal office located at 8200 Wilshire Blvd, Suite 200, Beverly Hills, CA 90211
USA and

 

CANTERBURY COFFEE CORPORATION (“Canterbury”)
a corporation incorporated under the laws of British Columbia, having its principal office at 13840 Mayfield Place, Richmond,
British Columbia, V6V 2E4 (collectively hereinafter the “Parties” and each “Party”)

 

with reference to the following facts:

 

RECITALS:

 

		A.	WHEREAS, JJC desires that Canterbury manufacture for JJC the products (“Products”) set forth in Schedule A;

 

		B.	WHEREAS, JJC holds the exclusive license to the Trademarks listed in Exhibit A, which is attached to this Agreement and
incorporated herein by this reference;

 

		C.	WHEREAS, JJC wishes to sub-license the use of the Trademarks (as defined herein) to Canterbury pursuant to the terms and conditions
herein;

 

		D.	WHEREAS, Canterbury wishes to manufacture the Products and to use such sub-license in order to distribute the Products to the
Grocery Retail Sector.

 

IN CONSDIERATION OF the covenant and agreements in this Agreement
and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by each of the Parties,
the Parties agree as follows:

 

		1.	CERTAIN DEFINITIONS

 

Except as otherwise defined herein, as used in this Agreement
the following terms shall have the following defined meanings:

 

“Grocery Retail Sector” refers
to the mass, club, grocery and drug market segments that Canterbury shall have the exclusive right to distribute the products to
as part of its Services to JJC;

 

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“Broad Distribution Arrangement”
shall refer to such arrangement whereby all Products produced in accordance with the terms and conditions herein shall be held
in inventory by Canterbury and Canterbury shall have responsibility for all warehousing, distribution in the Grocery Retail Sector
and administrative costs, including management of Accounts Receivable. All freight risk of loss on Product shall be borne by Canterbury
under this arrangement;

 

“Direct Distribution Arrangement”
shall refer to such arrangement whereby Canterbury shall produce the Products according to the terms and conditions as contained
herein, shall ship such orders to the location as specified by JJC, and shall invoice JJC for the shipped goods at the prices as
shown in Schedule A, applicable freight, customs, duties and any other fees. JJC shall be responsible for all warehouse, distribution
and administrative costs associated with such orders; All freight risk of loss on Product shall be borne by JJC under this arrangement;

 

“Products” means Products described
in Schedule A of this Agreement;

 

“Products and Services” mean the
Products together with the Services;

 

“Sell Price” means the selling
price of the Products as determined by JJC;

 

“Services” means coffee roasting
services, coffee production services, supply distribution and support services;

 

“Trademarks” means those trademarks,
trade names and logos set forth in Exhibit A to this Agreement.

 

		2.	TRADEMARK SUB- LICENSE FROM JJC TO CANTERBURY

 

		2.1	Sub- License. Subject to the terms and conditions of this Agreement, JJC grants to Canterbury a nonexclusive, limited,
three (3) year sub-license (the “Sub-License”) only to use and reproduce the Trademarks in association
with the manufacture, supply and distribution of JJC Products and Services for the Grocery Retail Sector and as is set forth in
this Agreement. This sub-license is not transferable, assignable nor is it sub-licensable. This sub-license is valid in Canada
only as it pertains to the manufacturing of the Products and is to be used only for JJC related Products.

 

		2.2	Applicable Laws. Canterbury shall exercise the Sub-license, and manufacture, supply and distribute Products and Services
in compliance with all applicable laws, regulations, government standards and policies.

 

		2.3	No Challenge To Validity Of Trademarks. Canterbury shall not, directly or indirectly during the term of this Agreement
or at any time thereafter, attack or challenge the validity of JJC’s rights in or to the Trademarks or of any other proprietary
rights of JJC, or assist any third party in doing the same. Canterbury shall not file any applications to register the Trademarks
or any words, names, designs, or logos that are confusingly similar to the Trademarks in any country of the world for any goods
or services, and shall not register any domain names containing the Trademarks, any phonetic equivalent thereof, or any domain
names confusingly similar to the Trademarks in any country of the world.

 

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		2.4	Third Party Infringement. Canterbury shall promptly notify JJC of any infringement or potential infringement of the
Trademarks that comes to its attention. Canterbury will cooperate with JJC, at JJC request, in taking steps to terminate such infringement.
However, Canterbury shall not take any legal action to protect against infringement of the Trademark without JJC permission. JJC
will take action against infringers to defend the Trademarks but shall not be required to bring or prosecute actions or suits.
Any and all damages recovered in any action or proceeding commenced by JJC shall belong solely and exclusively to JJC. All the
associated legal and other costs of such action shall be for the account of JJC. However, if JJC determines not to bring action,
Canterbury may then bring such action in its own name at its own expense provided it obtains consent of JJC, consent shall not
be unreasonably withheld. If requested to do so, JJC shall cooperate at Canterbury expense. Any award or portion of an award recovered
by Canterbury in any such action or proceeding commenced by Canterbury shall belong solely to Canterbury after recovery by both
parties of their respective actual out-of-pocket costs.

 

		2.5	In the event that a third-party effects an infringement action on Canterbury for its use of the Trademarks as provided in this
Agreement, Canterbury shall promptly notify JJC of any such suit. Any award received by JJC in such an action shall belong solely
to JJC.

 

		2.6	JJC and Canterbury shall keep one another informed of the status of, and their respective activities regarding, any litigation
concerning Trademarks. Canterbury may not enter into a settlement or consent judgment involving Trademarks, however, unless it
obtains JJC prior written consent.

 

		2.7	Reservation of Rights. All rights not expressly granted to Canterbury herein are reserved to JJC.

 

		3.	RESPONSIBILITIES OF THE PARTIES

 

		3.1	Responsibility of JJC. JJC shall be responsible for the following:

 

		(a)	JJC is responsible for purchasing from Canterbury all packaged finished Products on-hand as a result of the following: (i) JJC
elects to terminate the contract for any reason, (ii) JJC elects to redesign the packaging and introduces the change prior
to utilizing all stock on hand, (iii) JJC elects to discontinue a Product, (iv) JJC ceases to carry on business for any
reason and (v) Sales volume falls below a single batch as described in Schedule A, per calendar quarter;

 

		(b)	JJC agrees that in the event Canterbury secures coffee in the future on behalf of JJC, then JJC shall enter into a supply agreement
to that specific transaction. JJC shall be responsible for any financial penalty incurred by Canterbury if JJC does not honor such
supply agreement;

 

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		(c)	JJC shall be totally responsible for carrying out sales and marketing and determining the selling price of the Products;

 

		(d)	JJC will provide promotional materials, brochures, point of sale displays and other marketing materials, to facilitate the
marketing and sale of Products;

 

		(e)	JJC will responsible for cost of product giveaways and free samples;

 

		(f)	JJC shall be responsible for the costs and expenses related to returns, allowances and salvage costs, including, but not limited
to, grocery listing allowances, marketing allowances and volume rebates. However, Canterbury shall be responsible for any returns
due to quality;

 

		(g)	JJC will pay the prices set forth in Schedule A for each of the Products produced;

 

		(h)	JJC agrees to be bound by the minimum order quantities and frequency of orders, along with warehousing and delivery specifications
that are specified in Schedule A;

 

		(i)	JJC shall be responsible for obtaining and maintaining, for the duration of this Agreement an insurance policy for the full
value of all JJV owned materials and Products held in inventory at Canterbury’s facilities;

 

		(j)	JJC shall be responsible for the cost of outdated products.

 

		3.2	Responsibility of Canterbury. Canterbury shall be responsible for:

 

		(a)	Canterbury shall perform such services as may be required to manufacture and package the Products, as detailed in Schedule A,
for the Grocery Retail Sector in accordance with Canterbury’s product specifications in adherence to applicable laws and
regulations and in conformance with Good Manufacturing Practices prevailing in the industry. Canterbury shall be granted the right
of first refusal for any additional distribution channels beyond the Grocery Retail Sector, which may arise during the term of
this Agreement. In the event that JJC is approached by another company to distribute in a channel other than the Grocery Retail
Sector, Canterbury shall be given thirty (30) days to prepare a distribution strategy for that new market, subject to
approval by JJC. If Canterbury is not interested, it can refuse, in which case JJC shall be free to grant to the new company the
right to distribute to the additional distribution channels.

 

		(b)	Canterbury shall, except as otherwise provided, have full responsibility for the procurement and payment of all new materials,
ingredients, generic packaging bags, continuous roll stock film, and corrugated packaging and other supplies necessary to produce
the Products unless and until such time as JJC notifies Canterbury in writing that they wish to develop and supply Canterbury with
private label coffee packaging bags and private label continuous film stock, the cost of which shall be that of JJC.

 

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		(c)	Canterbury shall order and maintain sufficient supplies so as to meet the normal production requirements of JJC in a cost effective
manner, but in accordance with minimum order quantities.

 

		(d)	Canterbury agrees to secure coffee in future periods on behalf of JJC so long as JJC enters into the supply agreement specific
to that transaction. The quality of the coffee must meet the product specifications.

 

		(e)	Canterbury shall have the right to revise prices upon thirty (30) days written notice for changes in the costs of
manufacturing and materials of Products.

 

		(f)	Canterbury shall upon request by JJC assist on all advertising, sales promotion, and public relations campaigns to be conducted,
including providing JJ with documentation of previous promotional campaigns conducted and shall provide necessary technical information
and assistance. JJC will fully reimburse Canterbury for expenses incurred in the provision of assistance.

 

		4.	COMPENSATION

 

		4.1	Payment to JJC. Canterbury shall pay JJC the difference between the total cost for the Products under the Broad Distribution
Agreement, as is shown on Line 2-Broad of Schedule A and the Sell Price, as specified by JJC, as Net Proceeds.

 

		4.2	Payment Schedule for JJC. Canterbury will submit payments of Net Proceeds on the fifteenth (15th) of
the month following receipt of monies from clients for products sold.

 

		4.3	Offsets to JJC Payment. Canterbury reserves the right to offset monies owed by JJC to Canterbury against Net Proceeds
owed by Canterbury to JJC. However, Canterbury agrees to notify JJC in writing prior to making such deductions.

 

		4.4	Payment to Canterbury. JJC will pay the prices set forth in Schedule A for each of the Products produced.

 

		4.5	Payment Schedule for Canterbury. The term of payment is Net Thirty (30) Days.

 

		4.6	Discounts. All discounts will be charged back to JJC.

 

		4.7	Bad Debts. Loss from bad debts or uncollectable accounts will be borne by JJC. Canterbury will provide JJC a monthly
report of unpaid accounts receivable balances on JJC’s customers.

 

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		4.8	Currency. All prices expressed in this Agreement are in Canadian dollars. All invoices to JJC shall be in Canadian dollars.
Payments of Net Proceeds to JJC shall be made in Canadian dollars for sales transacted in Canadian currency, and likewise in United
States dollars for sales transacted in United States currency.

 

		4.9	Sales Volume Rebate. The Parties shall negotiate a sales volume rebate at the end of six (6) months from the
date of this Agreement, based on existing sales during the period, such rebate to be reviewed by the Parties.

 

		4.10	Future Costs. Costs and expenses related to returns, allowances and salvage costs will be borne by JJC. The Parties
understand and agree that returns, allowances and salvage costs are future costs normally deducted by customers long after the
sales and the collection of accounts receivable have been completed.

 

		4.11	Late Fee. Payments due to Parties hereunder which are received thirty (30) days after the due date shall bear
interest at the rate of ten percent (10%) per annum.

 

		4.12	Sales Statements. Canterbury agrees to furnish to JJC each month, full and accurate statements showing all information
required in determining the amount of payment to be paid to JJC from Canterbury as well as from JJC to Canterbury.

 

		5.	AUDITS AND MAINTAINING RECORDS

 

		5.1	Records. Canterbury agrees to keep accurate records of all transactions relating to this Agreement including, without
limitation, sales invoices (stated cumulatively and separately by each account buyer), shipping invoices, purchase orders, inventory
records, and records of returns and to preserve such records for up to two (2) years after the expiration or earlier
termination of this Agreement.

 

		5.2	Audit Rights. JJC’s representatives shall have the right from time to time, and with reasonable notice, to audit
Canterbury’s records, as it specifically relates to JJC’s Products, and to extract from such records, including the
general ledger, invoice and any other records which the Parties agree to be reasonably appropriate, information necessary to verify
the accuracy of payment amounts and to assess Canterbury’s performance hereunder, such audits not to exceed more than twice
per year.

 

		5.3	Discrepancies. The receipt or acceptance by JJC of any payment or statement furnished hereunder shall not preclude JJC
from questioning the accuracy or correctness thereof. JJC shall have up to thirty (30) days following receipt of velocity
reports to review and report any errors. If any inconsistency or mistake is discovered in any such statements or payments, whether
or not upon audit, appropriate adjustments shall be immediately made by the Parties.

 

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		6.	REPRESENTATIONS AND WARRANTIES OF THE PARTIES

 

		6.1	Representations and Warranties of JJC.

 

		(a)	JJC is a Corporation duly organized, validly existing and in good standing under the laws of the State of Nevada in the United
States. It is a registered foreign corporation in California. JJC has all the corporate power and authority to execute and deliver
this Agreement and to perform its obligations hereunder;

 

		(b)	The execution, delivery and performance by JJC of this Agreement and the consummation of the transaction contemplated hereby
had been duly and validly authorized by all the requisite corporate action and no other corporate act or proceeding on the part
of JJC is necessary to authorize the execution, delivery and performance of this Agreement and consummation of the transaction
contemplated hereby;

 

		(c)	JJC is not subject to nor obligated under its corporate bylaws, any applicable law, rule or regulation of any governmental
authority, or any agreement, instrument, license, or permit or subject to any order, writ, injunction or decree, which would be
breached or violated by its execution, delivery or performance of this Agreement;

 

		(d)	JJC is the exclusive holder of the License for the Trademarks, and to JJC’s knowledge, the use of the Trademarks in the
manufacture, advertising, sales and promotion of any of the Licensed Products or Services will not infringe on the intellectual
property or any other rights of any third party;

 

		(e)	JJC had the full right, power and authority to grant the Sub-license granted in Section 2.1 of this Agreement;

 

		(f)	JJC execution and delivery of this Agreement and performance of its obligations hereunder, including the obligation of payments
hereunder, do not and will not conflict with, violate or result in any default under any agreement, instrument or other contract
to which JJC is party or by which is bound;

 

		(g)	There are no claims, actions, suits, or any other legal proceeding pending, or to the knowledge of JJC, threatened, which,
if adversely determined, would adversely affect the ability of JJC to consummate the transactions contemplated by this Agreement
or perform its obligations hereunder.

 

		6.2	Representations and Warranties of Canterbury.

 

		(a)	Canterbury will not use the Trademarks and has not and will not grant any right or sub-license to use the Trademarks other
than as authorized under this Agreement;

 

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		(b)	Canterbury is a limited company duly organized, validly existing and in good standing under the laws of British Columbia. Canterbury
has all the corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder;

 

		(c)	The execution, delivery and performance by Canterbury of this Agreement and the consummation of the transaction contemplated
hereby had been duly and validly authorized by all the requisite corporate action and no other corporate act or proceeding on the
part of Canterbury is necessary to authorize the execution, delivery and performance of this Agreement and consummation of the
transaction contemplated hereby;

 

		(d)	Canterbury is not subject to nor obligated under its corporate bylaws, any applicable law, rule or regulation of any governmental
authority, or any agreement, instrument, license, or permit or subject to any order, writ, injunction or decree, which would be
breached or violated by its execution, delivery or performance of this Agreement;

 

		(e)	Canterbury’s execution and delivery of this Agreement and performance of its obligations, hereunder, including the obligation
of payments hereunder, do not and will not conflict with, violate or result in any sort of default under any agreement, instrument
or other contract to which Canterbury is a party or by which it is bound;

 

		(f)	There are no claims, actions, suits or other proceedings pending or to the knowledge of Canterbury, threatened, which if adversely
determined would adversely affect the ability of Canterbury to consummate the transactions contemplated by this Agreement or perform
its obligations hereunder;

 

		(g)	Canterbury in not in receipt of notice from any governmental authority to the effect that it is not in compliance with any
applicable laws. Canterbury agrees to comply with all applicable laws and regulations relating to the Products and Services.

 

		(h)	Canterbury shall use its best efforts to manufacturer Products consistent with the high standards and prestige represented
by the Trademarks.

 

		(i)	Canterbury shall commence production and distribution as soon as practicable and ship according to JJC requirements.

 

		(j)	Canterbury shall not take any action which would create a lien upon (which shall include, without limitation a warehouse lien,
or mortgage or otherwise encumber the Products and Services in this Agreement), without the express prior written consent of JJC,
which consent may be withheld in JJC’s sole and absolute discretion.

 

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		(k)	Canterbury shall not take any action, or sell any product which shall in any way materially and intentionally undermine the
manufacture of the Products and Services specifically related to JJC.

 

		(l)	Canterbury agrees that in the distribution of Products it shall separate those revenues from any other product revenue received
from a particular customer. Under no circumstance shall JJC’s Product revenues be commingled with any other Canterbury revenue.

 

		7.	TERM AND TERMINATION

 

		7.1	Term. The term of this Agreement will begin on the Effective Date and will continue for a period of three (3) years.
At the end of the term, the Agreement shall be automatically renewed for subsequent one year periods. The Parties shall have the
right to terminate this Agreement with thirty (30) days written notice.

 

		7.2	Termination by Canterbury. Canterbury may, at its sole option and provision of notice, terminate this Agreement immediately
upon:

 

		(a)	JJC’s breach of any provision of this Agreement where such breach has not been remedied to the reasonable satisfaction
of Canterbury within 30 days after receiving written notice of breach from JJC;

 

		(b)	JJC becomes insolvent, having a receiver appointed over it, seeking protection from its creditors, commencing dissolution or
winding up proceedings, or ceasing to carry on business; or

 

		(c)	JJC fails to make payments due to Canterbury under this Agreement after the thirty (30) day cure period has ended.

 

		7.3	Termination by JJC. JJC may, at its option and provision of notice to Canterbury, terminate this Agreement immediately
upon:

 

		(a)	Canterbury’s breach of any provision of this Agreement where such breach has not been remedied to the reasonable satisfaction
of JJC within 30 days after receiving written notice of breach from JJC;

 

		(b)	JJC’s reputation and that of the Trademark becoming negatively affected in the public eye as a result of the business
or activities being conducted by Canterbury, as determined by JJC acting reasonably;

 

		(c)	Canterbury becoming insolvent, having a receiver appointed over it, seeking protection from its creditors, commencing dissolution
or winding up to proceedings, or ceasing to carry on business:

 

		(d)	Canterbury does not meet the quality standards for the Products and Services as established pursuant to this Agreement;

 

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		(e)	Canterbury’s use or misuse of the Trademarks in violation of this Agreement that may bring discredit to JJC;

 

		(f)	Canterbury fails to make payments due to JJC under this Agreement after the thirty (30) day cure period has ended;
or

 

		(g)	Canterbury directly or indirectly, merges or otherwise becomes under the shared sole control or discretion of another party.

 

		7.4	Upon Termination. Upon termination of this Agreement for any reason:

 

		(a)	Canterbury shall immediately cease all use, of the Trademarks, and shall immediately provide JJC with a written inventory account
of all Products bearing or associated with the Trademarks or any part thereof in the possession or control of Canterbury, at the
date of termination. JJC, its agents and representatives shall have the right with reasonable notice to Canterbury to conduct a
physical inventory of Canterbury in order to verify such account and in this regard Canterbury shall provide access to all places
under its control to JJC or its agents and representatives. Upon verification and provision of invoice, payment shall be required,
prior to shipping;

 

		(b)	Canterbury shall deliver to JJC any and all artwork, files or samples of the Trademark;

 

		(c)	Canterbury shall further execute and deliver such documents and take such other steps as may be necessary or desirable to evidence
that any and all rights Canterbury may have had with respect to the Trademarks have completely ceased, including the cancellation
of any registration of Canterbury as a permitted or registered use of the Trademarks;

 

		(d)	Thereafter, Canterbury shall not at any time directly or indirectly use the Trademarks or any other trade-mark, or any other
mark or thing or any trade name, corporate name or product name, or any other means of designation or commercial identification
which is likely to be confused with the Trademarks.

 

		7.5	In the event of termination of this Agreement:

 

		(a)	Upon expiration or termination of this Agreement, all rights herein granted to Canterbury shall revert to JJC: any unpaid portion
of Payments due shall be immediately due and payable to each of the Parties, subject to receipt of funds from customers;

 

		(b)	Such termination shall be without prejudice to any rights and/or claims that the Parties may have against each other at the
time of termination and thereafter and neither Party shall be relieved of its obligations hereunder following termination of this
Agreement;

 

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		(c)	Canterbury, its receivers, representatives, trustees, agents, administrators, successors, and/or assigns shall have no right
to sell, exploit or in any way deal with the Trademarks or Products or any carton, container, packing or wrapping material, advertising,
promotional and display material pertaining thereto which bears or is associated with the Trademarks or any part thereof, except
with and at all times subject to such prior written consent and prior written instructions as JJC may give from time to time.

 

		7.6	No Damages Merely Because of Termination. The Parties shall not, by reason only of the expiration or termination of
this Agreement be liable to the other for compensation, reimbursement or damages on any account, whether for loss of prospective
revenues, on account of expenditures, investments, leases or commitments in connection with the use of the Trademarks or otherwise.

 

		8.	INDEMNIFICATION

 

		8.1	Canterbury shall indemnify and hold JJC and its affiliates, as well as their respective officers, directors, agents, employees,
successors and assigns, harmless from and against any and all claims, suits, damages, liabilities, costs and expenses including,
but not limited to, court costs, reasonable attorney fees, arising out of, based on or in any other manner related to:

 

		(a)	The breach of any representation or warranty or obligation of Canterbury under this Agreement;

 

		(b)	Any use by Canterbury of the Trademarks which is not permitted by or not in accordance with this Agreement;

 

		(c)	Any defect or alleged defect in the Products or Services, including without limitation, injuries to any persons arising therefrom;

 

		(d)	The design, manufacture, distribution, promotion or sale of the Products or Services including without limitation infringement
of patents or misappropriation of Intellectual Property of a third party,

 

		(e)	Any claims by third parties against JJC arising out of this Agreement, except to the extent such claims directly result from
JJC breach of its warranties or representations.

 

		8.2	JJC shall indemnify and hold Canterbury and its affiliates, as well as their respective officers, directors, agents, employees,
successors and assigns, harmless from and against any and all claims, suits, damages, liabilities, costs and expenses including,
but not limited to, court costs, reasonable attorney fees, arising out of, based on or in any other manner related to:

 

		(a)	The breach of any representation or warranty or obligation of JJC under this Agreement;

 

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		(b)	Judgments arising out of any assertion or allegation by any persons, entities or governmental agencies that the Trademarks
used by Canterbury under this Agreement infringe any trademark, trade name or any other personal property of a third party.

 

		8.3	Notification. A party (the “Notifying Party”) shall promptly notify the other party (the “Indemnifying
Party”) of the existence of any claim, demand or other action giving rise to a claim for indemnification under this Agreement
which involves a third party (“Third Party Claim”) and shall give the Indemnifying Party a reasonable
opportunity to defend the same at its own expense and with its own counsel, provided that the Notifying Party shall at all times
have the right to participate in such defense at its own expense.

 

		8.4	Assistance. Each party shall make available to the other, at the other’s expense, such information and assistance
as the other shall reasonably request in connection with the defenses of a Third Party Claim threatened or filed in connection
with any activities conducted hereunder.

 

		9.	INSURANCE

 

		9.1	Insurance. The Parties shall obtain and maintain in full force throughout the term of this Agreement insurance coverage
for its operations consisting of Commercial Liability Insurance including Products Liability Insurance in the amount of not less
than Two Million Canadian dollars (CAD $2,000,000) per occurrence, $2,000,000 Products Liability Aggregate, for the first fifty
thousand (50,000) pounds per annum of manufacturing volume to be increased by one million Canadian dollars (CAD$1,000,000) increments
for every 50,000 pounds per annum in additional manufacturing volume or fraction thereof. The Parties agree that the maximum coverage
will be set at Five Million Canadian Dollars (CAD $5,000,000) per occurrence, $5,000,000 Products Liability Aggregate. The Parties
agree to add the other as Additional insured on their comprehensive General Liability policy and to provide thirty (30) days
written notice of cancellation or material change to policy. Upon request, a Party shall provide the requesting Party with a certificate
of insurance from its insurer or broker, evidencing that insurance coverage as described herein is in effect.

 

		10.	LIMITATION OF LIABILITY

 

		10.1	Limitation Of Liability. In no event will either Party be liable to the other for any special, incidental, or consequential
damages, whether based on breach of contract, tort, product liability, or otherwise, and whether or not such Party has been advised
of the possibility of such damages. The Parties have agreed that the limitations specified in this Section 10 will survive
and apply even if any limited remedy specified in this Agreement is found to have failed of its essential purpose.

 

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		11.	CONFIDENTIALITY

 

		11.1	Confidentiality. Neither Party shall export, transmit or otherwise disclose to any third party, other than its representatives,
any technical or proprietary data it may acquire pursuant to this Agreement which is not generally available to the public, whether
or not a trade secret, and which consists of information of any kind which can be used or adapted for use in the design, production,
manufacture, utilization, or reconstruction of the Products and Services (whether such information be in tangible form, or the
direct product of any such technical skills, except with the prior written consent and approval of the other Party.

 

		12.	GENERAL PROVISIONS

 

		12.1	Relationship of the Parties. Nothing contained in this Agreement shall be construed to constitute the Parties hereto
as partners or as joint venturers, or either as agent of the other and Canterbury may not obligate or bind JJC in any manner.

 

		12.2	Accrual of Goodwill. Canterbury expressly recognizes and agrees that any and all goodwill associated with the Trademarks,
including any goodwill with respect thereto which might be deemed to have arisen from JJC activities hereunder shall ensure directly
and exclusively to the benefit of and shall belong solely to JJC, irrespective of whether or not such activities are in compliance
with the terms of this Agreement, Canterbury expressly recognizes and agrees that should any right, title or interest in or to
the Trademarks become vested in it by operation of law or otherwise, if shall hold the same in trust for JJC and shall, at the
request of JJC forthwith unconditionally assign any such right, title or interest to JJC.

 

		12.3	Force Majeure. In the event that either Party is prevented from performing its obligations under this Agreement due
to an occurrence beyond its control (an “Event of Force Majeure”), such as acts of God, fire, acts of war or
terror, or acts of governments or government agencies or other authorities having jurisdiction, then such prevention shall not
be construed to be a default under this Agreement. The Party so prevented shall give notice to the other Party of such events as
soon as reasonably possible and both Parties shall use their reasonable best efforts to comply with the terms of this Agreement
notwithstanding such prevention. In no event shall labor shortages, strikes, lockouts or walkouts be construed as an Event of Force
Majeure.

 

		12.4	Assignment. Neither Party may assign or subcontract its obligations under this Agreement without the other party’s
prior written consent, which may not be unreasonably withheld. Notwithstanding the foregoing, either Party may assign all or substantially
all of its business in this Agreement to a successor, including by way of reorganization or amalgamation. This Agreement shall
enure to the benefit of and be binding on the Parties and their respective successors and permitted assigns.

 

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		12.5	Governing Law. This Agreement will be governed by and construed in accordance with the laws of the Province of British
Columbia, without regard to the conflict of laws or choice of law principles thereof.

 

		12.6	Arbitration. Any controversy between the parties hereto arising out of or in connection with this Agreement will be
submitted and resolved exclusively by confidential and binding arbitration. The arbitration will be initiated and conducted in
the Province of British Columbia.

 

		12.7	Attorney Fees. If any action at law or in equity, including an action for declaratory relief, is brought to arbitration
in order to enforce or interpret the terms of this Agreement, the prevailing Party shall be entitled to reasonable attorneys’
fees, which may be set by the court in the same action or in a separate action brought for that purpose, in addition to any other
relief to which that Party may be entitled.

 

		12.8	Counterparts. This Agreement may be executed in two or more counterparts, each of which will be deemed an original,
but all of which together will constitute one and the same instrument. This Agreement will become binding when one or more counterparts
hereof, individually or taken together, bear the signatures of both parties reflected hereon as signatories and have been delivered
by the parties to each other.

 

		12.9	Construction of Agreement. This Agreement has been negotiated by the respective parties hereto and their attorneys and
the language hereof will not be construed for or against either party. A reference to a Section or an Exhibit will mean a Section
in, or Exhibit to, this Agreement unless otherwise explicitly provided herein.

 

		12.10	Notices. Any notice or other communication required or permitted to be give under this Agreement will be in writing,
will be delivered by personal deliver, overnight courier service, certified or registered mail, postage prepaid, or by facsimile,
and will be deemed given (a) upon deliver, if delivered personally, (b) one business day after despite with an international
overnight courier service for overnight deliver or (c) one business day after transmission by facsimile with confirmation
or receipt, and (d) seven business days after deposit in the mails, if mailed by registered or certified mail, postage prepaid,
to the address listed in the opening paragraph of this Agreement. Or to such other address as a party may have furnished to the
other parties in writing pursuant to this Section, except that notices of change of address will only be effective upon receipt.

 

		12.11	Amendments and Waivers. Any term of this Agreement may be amended and the observance or any term of this Agreement may
be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent
of the party to be bound by such waiver. The waiver by a party of any breach hereof or default in the performance hereof will not
be deemed to constitute a waiver or any other default or any succeeding breach or default. The failure of any party to enforce
any of the provisions hereof will not be construed to be a wavier or the right of such party thereafter to enforce such provisions.

 

    	14

    	 

    

		12.12	Severability. If any provisions of this Agreement, or the application thereof, will for any reason and to any extent
be determined to be invalid or unenforceable, the remainder of this Agreement and application of such provision to other persons
or circumstances will be interpreted so as reasonable to give effect the intent of the parties hereto. The parties further agree
to replace such void or unenforceable provision of this Agreement with a valid and enforceable provision that will achieve, to
the extent possible, the economic, business and other purposes of the void or unenforceable provision, or to other construe such
provision in a manner that render is valid and enforceable.

 

		12.13	Other Remedies. Except as otherwise provided herein, and all remedies herein expressly conferred upon a party will be
deemed cumulative with and not exclusive or any other remedy conferred hereby or by law on such party, and the exercise of any
one remedy will not preclude the exercise of any other.

 

		12.14	Entire Agreement. This Agreement, the Schedules and Exhibits hereto, the other written agreements explicitly referred
to herein and the schedules and exhibits thereto, when taken together, constitute the entire understanding and agreement of the
parties hereto with respect to the subject matter hereof and superseded all prior and contemporaneous agreements or understandings,
inducements or conditions, express or implied, written or oral, between the parties with respect hereto.

 

		12.15	Further Assurances. From and after the date of this Agreement, upon the request of either part, each part will execute
and deliver such instruments, documents or other wittings as may be reasonable necessary or desirable to confirm and carry out
and to effectuate fully the intent and proposes of this Agreement.

 

		12.16	Headings. The headings in this Agreement are included for convenience only and neither affects the construction or interpretation
of any provision in this Agreement nor affects any of the rights or obligations of the parties to this Agreement.

 

IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized representatives as of the Effective Date.

 

	JAMMIN JAVA CORP	 	CANTERBURY COFFEE CORPORATION
	 	 	 
	By:	/s/ Anh Tran	 	By:	/s/ Rosemarie Ho
	 	 Anh Tran	 	 	 Rosemarie Ho
	 	 Director	 	 	  Senior Vice President

    	15

    	 

    

 

EXHIBIT A

 

TRADEMARKS

 

1.MARLEY COFFEE

 

2.MARLEY COFFEE STIR IT UP

 

    	16

    	 

    

 

SCHEDULE A

PRICING AND ORDER MANAGEMENT

 

Under the Direct Distribution Arrangement, the prices for the
Products shall be as shown in Line 1-Direct and shall be FOB Canterbury Plant. Under the Broad Distribution Arrangement, the prices
shall be as shown in Line 2-Broad and FOB Destination. All prices are effective as at January 1, 2012.

 

Marley Coffee Pricing

 

	 	 	Pre-	 	Buffalo	 	Lively	 	Mystic	 	One	 
	 	 	Pack	 	Soldier	 	Up	 	Morning	 	Love	 
	 	 	82760	 	82770	 	82772	 	82774	 	82776	 
	Green Cost per lb (Roasted for Pre-Pack)	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	 	 	 	 	[***]	 	[***]	 	[***]	 	[***]	 
	Shrinkage Cost per LB (Shrinkage %)	 	 	 	[***]	 	[***]	 	[***]	 	[***]	 
	Royalty Fee per LB	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Hand Pack per LB ([***] per bag)	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Toll Fee per LB	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Additional Packaging & Labour (labels)	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Admin Fee per LB	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Volume Rebate	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Market Price Rebate	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Cost per LB (Line 1 - Direct)	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Freight Charge per LB	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Cost per LB (Line 2 - Broad)	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Cost per 12-oz BAG (Line 1 - Direct)	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Cost per 12-oz BAG (Line 2 - Broad)	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 

  

	 	 	Simmer	 	Buffalo	 	Lively	 	Mystic	 	One	 	Simmer	 
	 	 	Down	 	Soldier	 	Up	 	Morning	 	Love	 	Down	 
	 	 	82778	 	82780	 	82782	 	87284	 	82786	 	82788	 
	Green Cost per lb (Roasted for Pre-Pack)	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	 	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Shrinkage Cost per LB (Shrinkage %)	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Royalty Fee per LB	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Hand Pack per LB ([***] per bag)	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Toll Fee per LB	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Additional Packaging & Labour (labels)	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Admin Fee per LB	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Volume Rebate	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Market Price Rebate	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Cost per LB (Line 1 - Direct)	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Freight Charge per LB	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Cost per LB (Line 2 - Broad)	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Cost per 12-oz BAG (Line 1 - Direct)	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 
	Cost per 12-oz BAG (Line 2 - Broad)	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 	[***]	 

 

 

    	17

    	 

    

  

SCHEDULE A

 

Jammin Java Pricing

 

	 	 	Lion’s Blend
 Office Pack	 	Lion’s Blend
 Office Pack	 	Mountain Roast
 SWP Decaf 	 
	 	 	#25170
 (32 x 2.5oz)	 	#25172
 (18 x 2.5oz)	 	#25174 
 (18 x 2.5oz)	
	 	 	 	 	 	 	 	 
	Green Cost per lb (Roasted for Pre-Pack)	 	[***]	 	[***]	 	[***]	 
	Shrinkage Cost per LB (Shrinkage %)	 	[***]	 	[***]	 	[***]	 
	Royalty Fee per LB	 	[***]	 	[***]	 	[***]	 
	Additional Packaging per LB	 	[***]	 	[***]	 	[***]	 
	Hand-labeling per LB ([***] per label)	 	[***]	 	[***]	 	[***]	 
	Toll Fee per LB	 	[***]	 	[***]	 	[***]	 
	Admin Fee per LB	 	[***]	 	[***]	 	[***]	 
	Volume Rebate per LB	 	[***]	 	[***]	 	[***]	 
	Market Price Rebate per LB	 	[***]	 	[***]	 	[***]	 
	Cost per LB (Line 1 - Direct)	 	[***]	 	[***]	 	[***]	 
	Cost per CASE (Line 1 - Direct)	 	[***]	 	[***]	 	[***]	 
	Freight Charge per LB	 	[***]	 	[***]	 	[***]	 
	Cost per LB (Line 1 - Direct)	 	[***]	 	[***]	 	[***]	 
	Cost per CASE (Line 1 - Direct)	 	[***]	 	[***]	 	[***]	 
	 	 	 	 	 	 	 	 
	Cost per 2.5oz BAG (Line 1 - Direct)	 	[***]	 	[***]	 	[***]	 
	Cost per 2.5oz. BAG (Line 2 - Broad)	 	[***]	 	[***]	 	[***]	 

 

	 	 	Kingston
 City Roast

    Espresso 
 #15008 
 (6 x 1kg)	 	Lion’s Blend
 
 

    #15010
 (6 x 1kg)	 	Mountain
 Roast SWP
 Decaf
 #15012
 (6 x 1kg)	 
	 	 	 	 	 	 	 	 
	Green Cost per lb (Roasted for Pre-Pack)	 	[***]	 	[***]	 	[***]	 
	Shrinkage Cost per LB (Shrinkage %)	 	[***]	 	[***]	 	[***]	 
	Royalty Fee per LB	 	[***]	 	[***]	 	[***]	 
	Additional Packaging per LB	 	[***]	 	[***]	 	[***]	 
	Hand-labeling per LB ([***] per label)	 	[***]	 	[***]	 	[***]	 
	Toll Fee per LB	 	[***]	 	[***]	 	[***]	 
	Admin Fee per LB	 	[***]	 	[***]	 	[***]	 
	Volume Rebate per LB	 	[***]	 	[***]	 	[***]	 
	Market Price Rebate per LB	 	[***]	 	[***]	 	[***]	 
	Cost per LB (Line 1 - Direct)	 	[***]	 	[***]	 	[***]	 
	Cost per CASE (Line 1 - Direct)	 	[***]	 	[***]	 	[***]	 
	Freight Charge per LB	 	[***]	 	[***]	 	[***]	 
	Cost per LB (Line 1 - Direct)	 	[***]	 	[***]	 	[***]	 
	Cost per CASE (Line 1 - Direct)	 	[***]	 	[***]	 	[***]	 
	 	 	 	 	 	 	 	 
	Cost per 1kg BAG (Line 1 - Direct)	 	[***]	 	[***]	 	[***]	 
	Cost per 1kg BAG (Line 2 - Broad)	 	[***]	 	[***]	 	[***]	 

    	18

    	 

    

 

SCHEDULE A

 

Order Management

 

		o	Order Lead Time: Ten (10) working days

 

		o	Unless under a separate supply agreement, prices are subject to change with 30 days written notice, when influenced by green
coffee market conditions

 

		o	Minimum roast batch size is approximately [***] lbs per SKU, roast to order

 

		o	Minimum shipment: [***] cases assorted products

 

    	19Exhibit 10.1

 

LOAN
SALE AGREEMENT

 

This
Loan Sale Agreement (this “Agreement”) is made effective as of March 16, 2012 (the “Effective
Date”), between 2010-1 RADC/CADC Venture, LLC (“Seller”), and Reliv’
International, Inc. (“Buyer”).

 

Recitals

 

A.Seller
is the current owner and holder of a loan (the “Loan”) evidenced by (among other things)
the following documents (collectively, the “Loan Documents”): (i) that certain promissory
note executed by ______________________________, husband and wife (“Borrowers”),
in the original principal amount of $2,600,000.00 dated June 12, 2008, together with that certain Allonge to Promissory Note from
the Federal Deposit Insurance Corporation in its capacity as receiver for First Bank of Idaho, FSB dated effective as of August
26, 2010 (collectively, the “Note ”); (ii) that certain mortgage dated June 12, 2008, and recorded July
1, 2008 as Document No. 0733226, Book No. 703, Page 337-342 in the office of the Clerk of Teton County, Wyoming, and pertaining
to certain real property and improvements commonly known as 720 West Lois Lane, Lot 1 of Kiln Creek Subdivision, Teton County,
Wyoming 83414 (“Property I”), together with that certain Assignment of Real Estate Mortgage dated effective
as of August 26, 2010 and recorded on April 8, 2011 as Document Number 0791760 in Book 780, page 392 with the Clerk of Teton County,
Wyoming (collectively, the “Wyoming Mortgage”); and (iii) that certain mortgage dated June 12, 2008,
and recorded June 30, 2008 as Instrument No. 198526, in the office of the Recorder of Teton County, Idaho, and pertaining to certain
real property and improvements commonly known as E1/2NE1/4 Section 7, and Part of NW Section 8 all in Township 5 North, Range
44 East, Boise Meridian, Teton County, Idaho 83452 (“Property II” and together with Property
I, the “Property”), together with that certain Assignment of Real Estate Mortgage dated effective
as of August 26, 2010 and recorded on December 6, 2010 as Instrument No. 214613 with the Recorder of Teton County, Idaho (collectively,
the “Idaho Mortgage”).

 

B.Seller
desires to sell, assign and transfer to Buyer, and Buyer desires to purchase from Seller, all of Seller’s rights, title
and interest in, to and under the Loan. Seller and Buyer enter into this Agreement for the purpose of providing the terms and
conditions upon which Buyer will purchase the Loan and the Loan Documents.

 

Agreement

 

In
consideration of the foregoing facts and the mutual promises contained in this Agreement, and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, Seller hereby agrees to sell, assign and transfer to Buyer and Buyer
hereby agrees to purchase from Seller all of Seller’s rights, title and interest in, to and under the Loan and the Loan
Documents subject to the following terms, covenants and conditions:

 

1.                 
Incorporation of Recitals. The recitals set forth above are accurate and are incorporated in this Agreement by this reference.

 

2.                 
Purchase Price. On the Closing Date (as defined below), Buyer shall deliver to Seller the purchase price of TWO MILLION
AND 00/100 DOLLARS ($2,000,000.00) (the “Purchase Price”) less the Earnest Money (as defined below)
in immediately available funds in exchange for all of Seller’s rights, title and interest in, to and under the Loan and
Loan Documents.

 

    	 

    	 	

    
 

3.             Closing;
Earnest Money. The closing of the transactions contemplated by this Agreement (the “Closing”) shall
take place on a date mutually agreeable to the parties within five (5) days following the Effective Date (the “Closing
Date”) at Seller’s office located at 4601 College Boulevard, Suite 300, Leawood, Kansas 66211. On the Effective
Date, Buyer shall deliver to Seller (by wire transfer of immediately available funds) an earnest money deposit in the amount of
ONE HUNDRED THOUSAND AND 00/100 DOLLARS ($100,000.00) (the “Earnest Money”). The Earnest Money
will be applied to the Purchase Price on the Closing Date. In the event of any breach or default by Seller of its covenants in
Section 8 below, Seller will promptly refund the Earnest Money to Buyer, otherwise the Earnest Money shall be nonrefundable
to Buyer.

 

4.             Due
Diligence.

 

(a)The
Loan Documents and the other documents identified on Schedule I, if any, are the “Loan File Documents.”
Although Seller has offered to make the Loan File Documents available for inspection by Buyer (subject to the execution of a confidentiality
agreement), Buyer has declined to receive copies of the Loan File Documents.

 

(b)The
Loan File Documents may have been prepared by Seller, prior holders of the Loan, third party contractors or other persons. BUYER
UNDERSTANDS AND ACKNOWLEDGES THAT ANY LOAN FILE DOCUMENT PROVIDED BY SELLER OR ANY OTHER SELLER PARTY (defined below) IS BEING
PROVIDED WITHOUT REPRESENTATION OR WARRANTY AS TO THE COMPLETENESS OR ACCURACY OF THE FACTS, PRESUMPTIONS AND CONCLUSIONS CONTAINED
THEREIN, AND BUYER MAY NOT RELY ON ANY LOAN FILE DOCUMENT IN ANY REGARD. SELLER SPECIFICALLY ADVISES BUYER TO CONDUCT AN INDEPENDENT
INVESTIGATION WITH RESPECT TO (AMONG OTHER THINGS) THE VALIDITY AND ENFORCEABILITY OF THE LOAN DOCUMENTS AND OTHER LOAN FILE DOCUMENTS,
THE IDENTIFICATION, EXISTENCE, VALUE AND CONDITION OF ALL COLLATERAL FOR THE LOAN, AND LIEN PRIORITY AND PERFECTION.

 

(c)
The Loan File Documents do not include, and Seller does not represent that it has made available to Buyer, all documents or
information within the possession or control of Seller or the other Seller Parties relating the Loan, the Property, the Borrowers,
the Guarantors or otherwise. Certain of such documents and information have been excluded from disclosure by Seller (or may later
come into a Seller Party’s possession and remain undisclosed) in its sole and absolute discretion and, for purposes of this
Agreement, are referred to collectively as the “Excluded Information.” The Excluded Information includes
information or documents with respect to the Loan, the Property, Borrowers, any Guarantor, or any of
their affiliates or representatives that is not known to Buyer and that may be material, and if known to Buyer, could have an
impact upon perceived, apparent or actual value of, the merits and risks with respect to, or the decision to acquire, the Loan.
The Excluded Information might include, without limitation, attorney-client or otherwise legally privileged documents,
appraisals, broker’s opinions of value or other valuation documents, internal loan risk assessments, asset or credit grading
reports and internally prepared memoranda. Buyer understands and acknowledges that Seller makes no representations or warranties
regarding the Excluded Information and that the Excluded Information could contain documents or information
which, if known to Buyer, could have a material impact on its determination of value of the Loan as well as its decision to purchase
the Loan.

 

(d)Buyer
hereby acknowledges and agrees that Buyer has made its own independent investigation of the financial condition and business affairs
of Borrowers and all other persons or entities that have executed any of the Loan File Documents, and that Buyer has conducted
its own independent review of the Loan File Documents, and that Buyer has made its own determination as to the following, notwithstanding
its lack of knowledge of or access to the Excluded Information: (i) the enforceability of the Loan; (ii) the existence, condition,
location or value of any property, real or personal, encumbered pursuant to or affected by or described in any of the Loan File
Documents; and (iii) the fact that the Note remains unpaid and is in default.

 

 

    	2

    	 	

    

 

(e)Buyer
acknowledges that there may be certain environmental issues and/or risks with respect to the Property (including the real property,
all buildings, structures and improvements situated thereon, and water rights or mineral interests securing payment of the Note).
BUYER FURTHER ACKNOWLEDGES AND AGREES THAT SELLER HAS NOT UNDERTAKEN TO MAKE THE PROPERTY AVAILABLE FOR INSPECTION BY BUYER, AND
THAT BUYER IS RELYING, AND WILL RELY SOLELY ON WHATEVER INVESTIGATION OF THE PROPERTY IT HAS CONDUCTED, IF ANY, AND NOT ON ANY
INFORMATION PROVIDED OR TO BE PROVIDED BY SELLER OR ANY OF ITS AGENTS OR REPRESENTATIVES, AND HEREBY WAIVES ALL OBJECTIONS OR
CLAIMS AGAINST SELLER AND ALL SELLER PARTIES (INCLUDING ANY RIGHT OR CLAIM OF CONTRIBUTION) ARISING FROM OR RELATED TO THE PROPERTY
OR TO ANY HAZARDOUS MATERIALS (AS DEFINED BELOW) ON OR RELATING TO THE PROPERTY. Nothing in this Section 4 or otherwise
in this Agreement is intended to, or may be construed to, amend, modify or waive any provisions contained in any nondisclosure
or confidentiality agreement between the parties. For purposes of this Agreement, the term “Hazardous Materials”
means any substance which is or contains: (i) any “hazardous substance” as now or hereafter defined in
§ 101(14) of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended (42 U.S.C. §
9601 et seq.) (“CERCLA”) or any regulations promulgated under CERCLA; (ii) any “hazardous waste”
as now or hereafter defined in the Resource Conservation and Recovery Act (42 U.S.C. § 6901 et seq.) (“RCRA”)
or any regulations promulgated under RCRA; (iii) any substance regulated by the Toxic Substances Control Act (15 U.S.C. -
§ 2601 et seq.); (iv) gasoline, diesel fuel, or other petroleum hydrocarbons; (v) asbestos and asbestos containing materials,
in any form, whether friable or non-friable; (vi) polychlorinated biphenyls; (vii) radon gas; (viii) any additional substances
or materials which are now or hereafter classified or considered to be hazardous or toxic under Environmental Requirements (as
defined below) or the common law, or any other applicable laws relating to the Property; and (ix) any substance, the presence
of which on the Property: (A) requires reporting, investigation or remediation under Environmental Requirements; (B) causes or
threatens to cause a nuisance on the Property or adjacent property or poses or threatens to pose a hazard to the health or safety
of persons on the Property or adjacent property; or (C) which, if it emanated or migrated from the Property could constitute a
trespass.

 

For
purposes of this Agreement, the term “Environmental Requirements” means all laws, ordinances, statutes, codes,
rules, regulations, agreements, judgments, orders, and decrees, now on hereafter enacted, promulgated, or amended, of the United
States, the states, the counties, the cities, or any other political subdivisions in which the Property is located, and any other
political subdivision, agency or instrumentality exercising jurisdiction over the owner of the Property, the Property or the use
of the Property relating to pollution, the protection or regulation of human health, natural resources or the environment, or
the emission, discharge, release or threatened release of pollutants, contaminants, chemicals, or industrial, toxic or hazardous
substances or waste or Hazardous Materials into the environment (including ambient air, surface water, ground water, land or soil).

 

5.             Limited
Warranties and Representations of Seller. Seller hereby represents and warrants to Buyer with respect to the Loan:

 

(a)Seller
is the owner and holder of the Loan and the Loan Documents, and has the right to sell the Loan and the Loan Documents to Buyer
free and clear of any and all liens, claims or encumbrances.

 

(b)Seller
has received no payments on the Loan during the period Seller has owned the Loan.

 

 

    	3

    	 	

    
 

 

(c)Seller
has entered into no written agreement or other document to release the Borrowers, the Guarantors or the Mortgage prior to the
Closing, other than (i) pursuant to Loan Documents or other Loan File Documents delivered to Buyer or (ii) as may result from
the operation of law.

 

(d)Seller
has all requisite power and authority to execute and deliver, and to perform all of its obligations under, this Agreement and
all instruments and other documents executed and delivered by Seller in connection herewith.

 

(e)The
execution, delivery and performance of this Agreement have been duly authorized by all necessary action on the part of Seller
and do not require any consent or approval of any party or governmental entity that has not been obtained.

 

The
foregoing representations and warranties of Seller shall survive the Closing Date for a period of one (1) year (subject to any
claims pending as of the expiration of such period); provided, however, that fraud or intentional misrepresentation shall survive
for the applicable statute of limitations period.

 

6.             Representations
and Warranties of Buyer. Buyer hereby represents and warrants to Seller that:

 

(a)Buyer
has all requisite power and authority to execute and deliver, and to perform all of its obligations under, this Agreement and
all instruments and other documents executed and delivered by Buyer in connection herewith.

 

(b)The
execution, delivery and performance of this Agreement have been duly authorized by all necessary action on the part of Buyer and
do not require any consent or approval of any party or governmental entity that has not been obtained.

 

(c)Buyer
has knowledge and experience in financial and business matters and is capable of evaluating the merits and risks relating to the
Loan and Loan File Documents (including any environmental laws pertaining to the Property or other collateral for the Loan) and
making an informed purchase and investment decision in connection therewith.

 

(d)Buyer
acknowledges that the Loan may have limited or no liquidity and Buyer has the financial wherewithal to hold the Loan for an indefinite
period of time and to bear the economic risk attendant to ownership of the Loan.

 

(e)Buyer
has made, prior to the Closing, such examination, review and investigation of the facts and circumstances necessary to evaluate
the Loan and the Loan File Documents as Buyer has deemed necessary or appropriate (including as described in Section 4).
Buyer is assuming all risk with respect to the completeness, accuracy, enforceability or sufficiency of the Loan File Documents
and the existence, condition, location and value of the Property and any property (real or personal) encumbered pursuant to or
affected by or described in any of the Loan File Documents. Buyer further acknowledges that in acquiring the Loan and Loan Documents,
Buyer is assuming all credit, collateral and collectability risks, including full or partial losses which are inherent with the
Loan and Loan Documents.

 

(f)Buyer
has not relied upon any representations, warranties or statements of any kind made by or on behalf of the Seller or any officer,
director, employee, agent or representative of Seller with respect to the Borrowers, the Property, the Loan, or any Loan File
Document except as expressly set forth in this Agreement. Buyer acknowledges that, except for the representations and warranties
by Seller set forth in Section 5, Seller negates and disclaims all representations, warranties and statements of every
kind or type (express or implied). Without limiting the foregoing, Buyer acknowledges and agrees that the amount ultimately received
by Buyer with respect to the Loan, the Loan Documents or the Property may be less than the Purchase Price and that Buyer shall
have no recourse to Seller for any such deficiency.

 

    	4

    	 	

    
 

(g)If
Buyer has engaged any broker or finder or incurred or becomes obligated to pay any broker’s commission or finder’s
fee in connection with the transaction contemplated by this Agreement, in no event will Seller or any of its affiliates be obligated
to pay any fee, expense or other remuneration to or in connection with such broker or finder, directly or indirectly, and any
such fee, expense or other remuneration shall be Buyer’s sole responsibility.

 

The
foregoing representations and warranties of Buyer shall survive the Closing Date for a period of one (1) year (subject to any
claims pending as of the expiration of such period); provided, however, that fraud or intentional misrepresentation shall survive
for the applicable statute of limitations period.

 

7.             Covenants
of Buyer. Regarding its purchase of Seller’s rights, title and interest in and to the Loan and Loan Documents, Buyer
covenants and agrees that:

 

(a)Buyer’s
purchase of the Loan and Loan Documents is and shall be on an “AS IS” AND “WHERE IS” BASIS,
“WITH ALL FAULTS” AND WITHOUT REPRESENTATION, EXPRESS OR IMPLIED, OF ANY KIND, TYPE, CHARACTER OR NATURE, AND
WITHOUT RECOURSE OR WARRANTY, EXPRESS OR IMPLIED, EXCEPT FOR THE EXPRESS REPRESENTATIONS AND WARRANTIES BY SELLER SET FORTH IN
SECTION 5 OF THIS AGREEMENT.

 

(b)Buyer
assumes all risks as to the security for the Loan (including the Property) including the adequacy or accuracy of any description
of any such security, the validity and execution of any of the Loan Documents, the perfection and priority of any lien or security
interest purportedly securing the Loan, the rights of third parties regarding any such security, the financial creditworthiness
of the Borrowers, or the value or marketability of any such security.

 

(c)Intentionally
deleted.

 

(d)Notwithstanding
any term or provision of this Agreement to the contrary, Seller retains the right, if it so chooses in its sole and absolute discretion,
to participate in any lawsuits for the sole purpose of defending any of the Seller Parties (as hereinafter defined) against any
claims or counterclaims brought against any of them, whether now existing or at any time hereafter arising, and those rights are
not assigned or transferred to the Buyer under this Agreement or in connection with the consummation of the transaction contemplated
under this Agreement. Buyer and Buyer’s counsel shall cooperate with Seller and Seller’s counsel, all at Buyer’s
sole cost and expense in the defense of any claims or counterclaims made against Seller or any of Seller’s subsidiaries,
affiliates (including the FDIC), employees, officers, directors, shareholders, members, managers, partners, agents, representatives,
attorneys, accountants or consultants (collectively, the “Seller Parties”), in any litigation, arbitration
proceeding or other forum involving or relating to the Loan.

 

(e)Buyer
shall be responsible for complying with all state and federal laws with respect to the ownership, servicing and collection of
the Loan and Loan Documents, including the obligation to notify Borrowers, each Guarantor or any other obligor or pledgor of collateral
(each, a “Loan Party”) of the transfer of the Loan and Loan Documents. Further, Seller
shall have the right, but not the obligation, to notify any Loan Party of the transfer of the Loan and Loan Documents to Buyer.
Buyer agrees not to misrepresent, mislead, deceive, or otherwise fail adequately to disclose to any Loan Party the identity of
Buyer as the owner of the Loan and Loan Documents. Buyer’s collection of the Loan and enforcement of the Loan Documents
shall be done in compliance with all applicable federal and state laws and solely in its name and not in Seller’s name.

 

    	5

    	 	

    
 

 

(f)Buyer
shall, within ten (10) days after Closing, record in the applicable county recorder’s office (and pay all costs and fees
associated therewith) the Assignments (defined below) delivered by Seller. Buyer shall pay any transfer, property, income or other
tax accruing or arising in connection with the transactions contemplated in this Agreement (other than income tax payable by Seller).

 

8.             Covenants
of Seller at Closing.

 

(a)
Seller shall, upon confirmation of its receipt of the Purchase Price in immediately available funds, personally deliver to
Buyer’s representative attending the Closing:

(i)            the
following original Loan Documents:

(A)Promissory
Note dated June 12, 2008;

(B)Allonge
dated as of August 26, 2010;

(C)Wyoming
Mortgage dated June 12, 2008;

(D)Assignment
of Wyoming Mortgage dated as of August 26, 2010;

(E)Idaho
Mortgage dated June 12, 2008; and

(F)Assignment
of Idaho Mortgage dated as of August 26, 2010;

and copies (to the extent the originals are not in Seller’s possession) of all other Loan File Documents;

 

(ii)            executed
(in recordable form, as applicable) and acknowledged assignments of the Loan Documents and of the Note and Mortgages (and assignment
of rents, as applicable) substantially in the forms attached hereto as Exhibit A-1, Exhibit A-2, and Exhibit
A-3 respectively (collectively, the “Assignments”);

 

(iii)           executed
allonge to the Note substantially in the form attached hereto as Exhibit B; and

(iv)           a
loan payment history for the Loan for the last twelve (12) months (or, if shorter, for the period of Seller’s ownership
of the Loan) as may be in Seller’s possession showing the application of payments to and disbursements from Seller or its
predecessor (it being understood and agreed that Seller makes no representation or warranty with respect to the accuracy or completeness
of such history).

 

(b)Seller
shall deliver all payments received by Seller from Borrower pursuant to the Loan or Loan Documents after the Closing.

 

9.             Buyer’s
Indemnities. Buyer agrees to indemnify and hold harmless Seller and each other Seller Party from and against any and all loss,
liability, claim, damage and expense (including reasonable attorneys’ fees) directly or indirectly arising out of, based
upon, resulting from or otherwise relating to (a) any act of Buyer or any of Buyer’s assignees, subsidiaries, affiliates,
employees, officers, directors, shareholders, members, managers, partners, agents, representatives, attorneys, accountants or
consultants (collectively, “Buyer Parties”) before or after the Closing in connection with the Loan,
the Property or otherwise (including any act or omission by Buyer after the Closing in connection with any Loan File Document),
(b) the material inaccuracy of any of Buyer’s representations or warranties herein, (c) a breach of any of Buyer’s
covenants or obligations in this Agreement (all of which shall survive Closing), (d) any commissions, finder’s fees or similar
fees due or claimed by any broker, agent or salesperson claimed against any Seller Party as a result of an agreement entered into
by Buyer, or (e) actions taken by Seller which are specifically requested by Buyer.

 

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10.           Waiver
and Release Regarding Unknown Claims. Buyer hereby waives and releases all rights under any applicable laws and regulations
restricting the waiver of claims that Buyer does not know or suspect to exist at the time of this Agreement, and which, if known,
would have materially affected Buyer’s decision to enter into this Agreement, including claims that would have been revealed
by the Excluded Information. Buyer hereby agrees, represents and warrants to Seller that Buyer realizes and acknowledges that
factual matters now unknown to, or not anticipated or suspected by, Buyer (including factual matters that would have been revealed
by the Excluded Information), may have given or may hereafter give rise to causes of action, claims, demands, debts, controversies,
damages, costs, losses and expenses that are presently unknown, unanticipated and unsuspected by Buyer, and Buyer further agrees,
represents and warrants that the waivers and releases provided hereunder have been negotiated and agreed upon in light of such
realization.

 

11.           Limitation
of Liability and Remedies.

 

(a)If
Seller defaults or breaches any of its obligations under this Agreement on or prior to Closing (and, at that time, there are no
material defaults or breaches by Buyer under this Agreement), then Buyer shall have the right to either (i) waive such default
or breach by Seller and proceed to close the transaction contemplated herein pursuant to the terms of this Agreement; or (ii) cancel
this Agreement by written notice to Seller (in which case Seller shall refund the Earnest Money to Buyer without any further instruction
or consent of any party). To avoid doubt, Buyer’s choice of clause (i) or clause (ii) in the preceding sentence
shall constitute the sole and exclusive remedy of Buyer under such circumstances. WITHOUT LIMITING THE FOREGOING SENTENCE, BUYER
WAIVES ANY AND ALL RIGHTS THAT BUYER OTHERWISE MAY HAVE UNDER APPLICABLE LAW OR OTHERWISE TO SPECIFICALLY ENFORCE THIS AGREEMENT.

Seller Initials: _______        Buyer Initials: ________

 

If
Seller ever becomes liable to Buyer for any reason other than as described in the first sentence of this Section 11(a),
under any circumstances arising under or resulting from or related to this Agreement, for any claim, loss, cost, damage, judgment,
injunctive relief, specific performance, expense or other liability of any kind, including reasonable attorneys’ fees (collectively,
the “Liability”), then Buyer’s recourse against Seller for such Liability (if not negated entirely
pursuant to the following sentence) shall be limited to the least of the following amounts: (i) the Purchase Price less principal
payments or the value of other consideration received by Buyer in respect to the Loan or the Property; (ii) the then-remaining
unpaid principal amount of the indebtedness evidenced by the Note; or (iii) the actual loss or damage; provided, however, that
upon the satisfaction of any loss described in clause (i) or clause (ii), Buyer shall, at Seller’s request,
reassign to Seller all of Buyer’s rights, title and interest in and to the Loan and Loan File Documents. In addition, Seller
shall have no liability to Buyer with respect to the Loan or Loan File Documents and Buyer shall have no recourse against Seller
with respect to the Loan or Loan File Documents, upon the occurrence of any one or more of the following events: (I) the passage
of sixty (60) days from the Closing; (II) Buyer orally or in writing directly or indirectly releases in whole or in part the Borrower,
any Guarantor, the Property or any other security for the Loan or any Guaranty; (III) Buyer orally or in writing amends, modifies,
terminates or otherwise changes any term or provision of the Note or any Loan File Documents; (IV) Buyer agrees orally or in writing
to forbear the enforcement of any of its rights or remedies relating to the Loan, the Loan File Documents, the Property or the
other security for the Loan; or (V) Buyer takes any action or omits to take any action, the consequence of which is to materially
alter or amend, or to compromise, impair or otherwise adversely affect any of the obligations evidenced by the Note, the Loan
File Documents, the Property or any of the other security for the Loan or any rights or remedies relating thereto.

 

    	7

    	 	

    
 

(b)If
Buyer ever becomes liable to Seller for any reason, under any circumstances arising under or resulting from or related to this
Agreement for any claim, loss, cost, damage, judgment, expenses or other liability of any kind, Seller’s recourse against
Buyer shall be limited to the actual loss or damages. Notwithstanding the foregoing, in the event of a breach by Buyer under this
Agreement resulting only in the Buyer’s failure to effect the purchase of the Loan at Closing, then (i) Seller shall have
the right to terminate this Agreement by written notice to Buyer and (ii) Buyer and Seller agree that (x) Seller will suffer damages
in an amount that will be impractical or extremely difficult to ascertain, (y) the amount of the Earnest Money represents
a reasonable estimate of the damages that Seller will sustain in such case and (z) Seller shall retain the Earnest Money as liquidated
damages without any further instruction or consent of any party as Seller’s sole remedy for such breach.

 

Seller
Initials:  Buyer Initials: 

 

(c)This
Section 11 shall survive the Closing and any termination of this Agreement.

 

12.           [Reserved.]

 

13.           [Reserved.]

 

14.           Costs.
Each party shall bear their own costs and expenses incurred in negotiating, closing and carrying out the transactions contemplated
by this Agreement. Buyer shall pay all costs incurred by Buyer associated with the purchase of the Loan (including any broker’s
fees of any broker claiming by, through or under Buyer, due diligence costs incurred, title company fees, and applicable recording
fees).

 

15.           Governing
Law. This Agreement is being entered into in the State of Kansas and shall be governed by and construed in accordance with
the laws of the State of Kansas.

 

16.           Counterparts;
Signatures. This Agreement may be executed in counterparts and such counterparts will be compiled into one fully-executed
Agreement. A signature delivered by e-mail, facsimile or other electronic transmission will be deemed to constitute an original
and fully-effective signature.

 

17.           Time
of Essence. Time and strict and punctual performance are of the essence with respect to each provision of this Agreement.

 

18.           Survival.
The representations, warranties, obligations and covenants of the parties contained in this Agreement shall survive the consummation
of the transactions contemplated in this Agreement, subject to any time period limitations specified herein.

 

19.           Further
Assurances. Seller and Buyer shall each execute and deliver to the other all further documents or instruments reasonably requested
by either of them in order to effect the intent of this Agreement and to obtain the full benefit of this Agreement. Any request
by either party under this Section 19 shall be accompanied by the document proposed for signature by the party requesting
it, and the form and substance of such document shall be subject to the review and satisfaction of the party of whom the request
is made and its attorneys. The party making the request shall bear and discharge any fees or expenses incident to the preparation,
filing or recording of documents requested pursuant to this Section 19.

 

    	8

    	 	

    
 

20.           Entire
Agreement; Successors and Assigns. THIS WRITTEN AGREEMENT REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE
CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN AGREEMENTS
OR UNDERSTANDINGS BETWEEN THE PARTIES. The parties make no representations or warranties to each other except as expressly set
forth in this Agreement. All prior agreements and understandings between the parties with respect to the transactions contemplated
by this Agreement, whether verbal or in writing, are superseded by, and are deemed to have been merged into, this Agreement. This
Agreement shall be binding on, and inure to the benefit of, the parties hereto and their respective heirs, executors, personal
and legal representatives, successors and assigns, but no other party shall have or claim any third party beneficiary rights under
this Agreement. Notwithstanding the foregoing or any other provision of this Agreement, Buyer may not assign this Agreement or
any portion of its rights and obligations under this Agreement without Seller’s prior written consent, which may be granted
or withheld in Seller’s sole and absolute discretion.

 

21.           Modifications.
This Agreement, including the provisions of this Section 21, may be changed, waived, discharged or terminated only with
an instrument in writing signed by each party, and the parties hereby: (a) agree that it shall not be reasonable for either of
them to rely on any alleged, non-written amendment to this Agreement; (b) irrevocably waive any and all right to enforce any alleged,
non-written amendment to this Agreement; and (c) agree that it shall be beyond the scope of authority (apparent or otherwise)
for any of their respective agents to agree to any non-written modification of this Agreement.

 

22.           Severability.
If any provision of this Agreement shall be determined to be invalid, illegal or unenforceable, the balance of this Agreement
shall remain in full force and effect and if any provision is inapplicable to any person of circumstance, it shall nevertheless
remain applicable to all other persons and circumstances.

 

23.           Jury
Trial Waiver; Prevailing Party Fees & Expenses. AS PERMITTED BY APPLICABLE LAW, EACH PARTY WAIVES ITS RESPECTIVE
RIGHTS TO A TRIAL BEFORE A JURY IN CONNECTION WITH ANY CLAIM, DISPUTE OR CONTROVERSY ARISING WITH RESPECT TO THIS AGREEMENT OR
THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT. The prevailing party in any suit, action
or proceeding arising out of or relating to this Agreement shall be entitled to recover from the non-prevailing party all reasonable
attorneys’ fees and other out-of-pocket expenses the prevailing party incurs in such suit, action or proceeding and in any
subsequent suit to enforce a judgment.

 

24.          Miscellaneous.
Whenever the context of this Agreement requires, references to the singular number shall include the plural, and the plural shall
include the singular, where appropriate; words denoting gender include the masculine, feminine and neuter where appropriate; and
specific enumeration shall not exclude the general, but shall be considered as cumulative. The term “person” is intended
to be broadly interpreted to include any natural person, corporation, bank, partnership, company, governmental entity or other
legal entity. The terms “include,” “including” and similar terms shall be construed as if followed by
the phrase “without being limited to.” The term “or” has the inclusive meaning represented by the phrase
“and/or” (except where otherwise indicated). The words “hereof,” “herein,” “hereby,”
“hereunder” and similar terms in this Agreement refer to this Agreement as a whole and not to any particular provision
or section of this Agreement. No inference in favor of, or against, any party shall be drawn from the fact that such party has
drafted any portion of this Agreement. Each party has either (i) reviewed this Agreement with legal and other counsel of
its choice or (ii) had sufficient opportunity to review this Agreement with legal and other counsel of its choice and declined
to do so.

 

[Remainder
of Page Intentionally Blank; Signature Page Follows]

 

    	9

    	 	

    
 

 

IN
WITNESS WHEREOF, the parties to this Agreement have executed and delivered this Agreement as of the Effective Date.

 

 

	SELLER:	2010-1
    RADC/CADC Venture, LLC
	 	By:
    MREC Funding, LLC, its manager
	 	By:
    Mariner Real Estate Management, LLC, its manager
	 	 
	 	 
	 	By:
    /s/T. Anderson                                      
	 	Name:
__________________________
	 	Title:
Authorized Signer_____________
		 
	 	 
	 	 
	BUYER:	RELIV’
    INTERNATIONAL, INC.
	 	 
	 	 
	 	By:
/s/ Stephen M. Merrick_______________
	 	Name:_______________________________
	 	Title:
    Senior Vice President_______________

 

 

    	10

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