Document:

TM

 

SPECIALTY BEVERAGE AND SUPPLEMENT INC.

1710 Church Street

Holbrook, NY 11741

(631) 750-3195

(631) 750-3088 FAX

 

DISTRIBUTION AGREEMENT

 

This AGREEMENT is made
and entered into this 15th day of April, 2009 by and between Specialty Beverage and Supplement Inc. (hereinafter called
“SBSI” or “Company”) , a Nevada corporation with its principal offices at 1710 Church Street, Holbrook,
New York 11741, and Jack Manno & Nick DiMarco, an individuals, and DIMAN Distributors Inc., a New York corp (hereinafter called
the “Distributor”) whose principal address is 174 Treadwell Avenue Saint James, NY 11780.

 

WHEREAS, the Company is
or shall be the owner and/or licensee of certain trademarks, trade names, service marks, copyrights, logotypes, and intellectual
property, including but not limited to the trademarks “JoJo”, “JoJo Energy”, “JoJo Energy Drink “and
“JoJo Energy Supplement” (hereinafter jointly referred to as “Licensed Marks”), and which now or hereinafter
shall be designated by SBSI for use in connection with the SBSI business;

 

WHEREAS, the Company is
or shall engage in the business of bottling, canning and/or distributing certain beverages including but not limited to products
using the Licensed Marks (all of said products shall hereinafter jointly be referred to as the “Beverages”);

 

WHEREAS, the
Distributor desires to obtain an Agreement to

operate one (1) business specializing in the
offer, sale, and distribution of the Beverages solely within the attached geographically described distribution territory (hereinafter
referred to as the” Territory”), and subject to the SBSI business system and operating procedures developed by SBSI
through research and experience, and intended to promote an orderly and highly efficient distribution system for the Beverages
(hereinafter referred to as the SBSI System);

WHEREAS, the Distributor
agrees to commence the operation of the “Business”, as defined herein, on the date of execution of this agreement,
or upon such further date as herein below provided;

 

WHEREAS, SBSI desires to
grant to the Distributor an exclusive sales territory upon the terms and conditions included herein.

 

NOW THEREFORE, IT IS AGREED:

 

1.00 GRANT OF SALES LICENSE

 

1.01Conditions for the Company’s
Signing Route Distribution Agreements

    	 

    	 

    

 

A.Distributor acknowledges and is aware
that there are a number of other prospective distributors seeking to enter into Distribution Agreements with SBSI on or before
June 1, 2009, and the Distributor agrees to pay the required Initial Fee of FIFTY THOUSAND HUNDRED ($50,000.00) DOLLARS on or before
the “Scheduled Closing Date” of June 1, 2009, then this Agreement shall be without force or effect, and all Initial
fees paid hereunder by the Distributor shall be returned without charge. SBSI may, in its sole discretion, extend the Scheduled
Closing Date for a period of not more than sixty (60) days (hereinafter referred to as the “Extended Closing Date”)
upon notice to any prospective distributor who has signed the Distribution Agreement, and has paid the Initial Fee as required
herein.

 

B.Within forty-eight (48) hours from
the receipt of the Distributor executed Distribution Agreement and check by SBSI, the Company will countersign this Agreement,
and this Agreement will take effect upon the execution hereof by SBSI.

 

C.The Distributor hereby knowingly
waives any and all claims or causes of action of any kind, whether under state law, federal law, state or federal law, state or
federal securities law, contract law, common law, or other law against SBSI, its directors, officers, employees, agent, shareholders,
and representatives arising from or related to the Company’s non-execution of this Agreement in the event that SBSI does
not timely enter into the Distribution Agreement

 

D.                 
The Distributor understands and agrees that SBSI is entitled to 

offer this Agreement with the Territory annexed
hereto at Exhibit A, and other supporting documents relating thereto to several prospective distributors. By so doing, the Company
does not agree that it shall enter into a Distribution Agreement with any particular distributor, but agrees nonetheless that it
will only enter into one Distribution Agreement for the Territory described in Exhibit A. SBSI shall, in its sole and exclusive
discretion, be entitled to decide that a distributor is the most qualified prospective distributor, Upon such execution by SBSI,
the Distributor waives the right to assert any and all legal claims against the Company relating to this Agreement, any other documents
or representations relating thereto, and for any other reason relating to the decision by SBSI not to execute an Agreement with
the Distributor relating to SBSI Beverages distribution.

 

1.02License Provisions

 

A.Providing that all of the conditions
set forth in Section 1.01 above shall have been fulfilled as provided therein, then by executing this Agreement SBSI hereby grants
to the Distributor, and the Distributor hereby accepts, the right to act as the exclusive sales agent for the delivery of the Beverages
in the Territory specified in Exhibit A, subject to and in accordance with the Company practices and procedures which may from
time to time be amended, changed or modified by SBSI. The Company practices and procedures, as issued from time to time by the
Company, shall identify the types of stores and accounts to be serviced by the Distributor. It is understood that these stores
shall primarily be retail stores purchasing the Beverages for resale to ultimate customer/consumers. The terms of such amendments,
changes, or modifications, and ancillary documents relating thereto shall become incorporated in this Agreement.

 

1.In the
event that an account refuses to take delivery from the Distributor, i.e. a structured chain store requires delivery to a central
warehouse location, SBSI will exercise its best efforts to assist the Distributor in convincing the customer to accept store-door
delivery. In the event that the customer refuses such delivery, the Company will not be deemed to be in violation of this Agreement,
shall not be liable to the Distributor, and the customer’s actions shall not create a cause of action with respect to the
Distributor.

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2.The Distributor
agrees that this license to distribute SBSI Beverages entitles the Distributor to supply the customers within the Territory with
quantities of the Beverages reasonably related to the sales requirements of each customer. As part of that license, the Distributor
agrees that it will not to oversupply the customers, because to do so could result in transshipments of Beverages from one Distributor
territory to another. In furtherance thereof, the Distributor shall not offer, sell, or distribute Beverages to any customer or
account outside the Territory, deliver to a customer’s truck within the Territory, or to an account or warehouse within the
Territory wherein there is a reasonable basis for the Distributor to be aware that the Beverages will be shipped for delivery to
a location outside of the Territory. The Distributor recognizes that while such transshipments may injure another Distributor,
SBSI shall not be responsible for distributor transshipment from one distributor territory to another in violation of the distribution
agreement. The Company shall not cooperate with or encourage any other party to sell Beverages within the Distributor’s Territory.
In the event that an account requires delivery to a warehouse within the Distributor’s Territory, the Distributor shall discuss
the customer’s request with SBSI, and on a case-by-case determination, SBSI will determine how to handle the impact upon
the overall distribution system.

 

B.The Distributor is an independent
contractor and shall not join in a slowdown or cease distributing the Company’s Beverages, or directly or indirectly aid
or assist in any such action.

 

2.00DISTRIBUTION STANDARDS

 

2.01Full Distribution

 

The individual distributor
identified in this Agreement shall secure full distribution of the Beverages in the Territory and shall at all times diligently
promote, sell and distribute the Beverages individually or by directly supervising the Distributor’s employees in the performance
thereof in the Territory.

 

2.02Distributor Service Frequency

 

The Distributor shall actively
solicit the sale of the Beverages to every appropriate potential customer, and all customers shall be serviced at least once a
week unless such customer requests less frequent service, and said request is verified by SBSI.

 

2.03Distributor Employee and Delivery Vehicle
Usage

 

The Distributor’s
obligation is to meet and increase the demand for the Beverages throughout the Territory, and to secure full distribution to all
customers and potential customers within the Territory. In accordance therewith, the distributor must keep the customers fully
supplied with the Beverages based upon the service schedule reasonably established by the Distributor. In order to properly secure
the aforementioned full distribution, the Distributor will: employ and train qualified personnel; utilize such personnel on delivery
vehicles secured by the Distributor and approved by SBSI; insure that at all times the distributorship has sufficient vehicles
and employees available to service the Territory, and if reasonably requested by the Company, increase the available delivery vehicles
and employees to better service the Territory; and fully cooperate with territorial advertising, sales promotions, and campaigns
for the Territory.

 

2.04. Service Frequency/Review

 

A.The Distributor account
service and delivery vehicle operation are to be at least five days a week, or less frequently if SBSI and the Distributor agree
that due to the unique circumstances relating to the Territory, less frequent service is required. The Company waives strict compliance
with these provisions for any holiday week, provided that the Distributor makes reasonable good faith efforts to supply all Territory
customers.

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B.The Company shall
at least annually conduct a Distributor performance review to determine whether the Distributor is making a good faith effort to
comply with this Agreement, and to secure full distribution. The Company will thereafter inform the Distributor about the result
of the review, and as required, will thereafter discuss ways in which the Distributor can improve its performance.

 

2.05           
Distributor Use of Trademarks, Etc.

 

The Distributor will
use the SBSI trademarks, service marks, intellectual property, symbols, slogans, and advertising material (hereinafter referred
to as the “Materials”) only upon such terms and conditions as SBSI may from time to time prescribe. In the event that
this Agreement is terminated for any reason whatsoever, the Distributor shall forthwith discontinue the use of the Materials, and
shall forthwith return to SBSI all Materials in the possession of the Distributor on which any such Materials appear. It is understood
that if the Distributor paid SBSI for such Material, SBSI shall have the right to purchase the same from the Distributor for the
receipted cost price paid by the Distributor.

 

2.06   
Uniforms

 

It is important for the
Distributor to assist SBSI in promoting and

increasing recognition of the Service Marks
and Materials. In accordance therewith, the Distributor agrees that whenever any sales representative employed by the Distributor
is contacting customers or delivering Beverages, said employees will wear Distributor furnished uniforms approved by the Company.
Notwithstanding the provisions hereof, SBSI may in its sole discretion from time to time supply uniforms, or clothing to the Distributor
for use by its employees, or for distribution to customers.

 

2.07Other Products

 

By complying with the Company’s
service and payment standards under this Agreement, the Distributor shall be entitled to bottle, sell or distribute products beyond
an area five (5) miles distant from the Territory, as long as such products: are not competing products; do not utilize names substantially
similar to any of the Licensed Marks; and the Distributor does not use delivery vehicles identified by Licensed Marks. The term
“competing products” is intended to include any product which a store or ultimate consumer might confuse with the Beverages,
or which might be sold in place of Company Beverages within the Territory or the other distributor territories. The term competing
products may also change from time to time in the event that SBSI alters the product line offered to the Distributor. In the event
that a Distributor wishes to handle a product other than one supplied by the Company, the Distributor will discuss the product
with the Company in an attempt to reach agreement as to whether the product is a competing product. While selling or distributing
such other products, and absent the express written and discretionary approval of the Company, the Distributor will not use delivery
vehicles, uniforms, or Licensed Marks which include Company references or identifications. If the parties cannot reach an agreement,
the dispute will be submitted to arbitration as provided in Agreement paragraph 12.00 entitled “Settlement of Disputes”.

 

3.0      
DELIVERY VEHICLES

 

The Distributor shall at
all times furnish and operate sufficient delivery vehicles to adequately supply the Territory with the Beverages sufficient to
secure full distribution as set forth in 2.03 above. All such vehicles used by the Distributor for distribution within the Territory
shall be painted and inscribed in accordance with SBSI painting, decal, and size requirements. As an independent contractor responsible
for marketing the Service Marks, and because the Distributor and the Company desire the consumers to identify the Beverages as
being safe and wholesome products, the Distributor recognizes that by maintaining a clean and attractive delivery vehicle, it promotes
the product and assists in increasing sales. The Company shall pay for delivery vehicle painting in accordance with the corporate
Licensed Marks, but in the event of any accidents or damage to the delivery vehicles, the Distributor will be responsible for re-painting
the vehicle(s) with the Licensed Marks in accordance with Company standards. In the event that the Distributor is terminated or
sells the Territory or delivery vehicle, and except if said vehicle is said to another Distributor for use upon another territory,
the Distributor shall satisfy SBSI that the Distributor has removed all Licensed Marks and SBSI identification from said vehicle(s).

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4.00SALES RECORDS

 

4.01Computerized Sales System Purposes

 

The Company has obtained
a computerized order processing and bookkeeping system for Distributor and customer accounts (hereinafter referred to as the “Computerized
Billing System”). Some of the purposes of the Computerized Billing System are to: better process orders, improve billing,
track inventory, expedite the information transfer from the Distributor to the Company, reduce clerical time and improve accuracy
reviewing Distributor sales submissions, and to better project future sales.

 

4.02Distributor Hardware/Software Acquisition

 

The Distributor has obtained
at its own cost and expense the computerized hand held and truck mounted sales ticketing printer/software (hereinafter referred
to as “Distributor Software”) approved by the Company for interfacing with the Computerized Billing System. The Distributor
agrees to utilize the Distributor Software in accordance with SBSI policies and procedures.

4.03 Distributor System Updating

 

The Distributor shall update
and upgrade the Computerized Billing System to continue to be able to communicate with the SBSI billing hardware and software program.

 

4.04Daily Sales Input

 

On a daily basis the Distributor
will input all sales information into the SBSI billing and hardware software program.

 

4.05Computerized Billing Tampering

 

Any tampering with the
Computerized Billing System will be treated as an immediate basis for Distributorship termination.

 

4.06Computerized Billing Intellectual Property

 

The software which SBSI
supplies to the Distributor as part of the Computerized Billing System shall at all times remain the exclusive intellectual property
of the Company. The Distributor shall be entitled to use the software until the termination or expiration of this Agreement. Upon
such Agreement termination or expiration, the Distributor agrees to purge the Company’s software from the Distributor Software.
In addition thereto, the Distributor will return to the Company any manuals, drives, or other intellectual property supplied to
the Distributor by SBSI for use with the Computerized Billing System.

 

5.00PRODUCT PRICING, SUPPLY AND PACKAGING

 

5.01 Distributor Compensation

 

A.Except as provided below at paragraph
5.02, the Company shall provide the distributor with sufficient Beverage quantities to supply the accounts in accordance with paragraph
2.00 et. seq. of this Agreement. The Distributor shall deliver the Beverages to accounts at the prices stipulated in the
Schedule of Prices set forth in Exhibit B, as from time to time amended, and the effective date of such new price(s) shall be at
least one (1) day after the date such notice is transmitted to the Distributor.

 

B.Unless otherwise
agreed by the Company, the Distributor shall pay the Company not later than 4 p.m. on each Friday for all Beverages purchased by
the Distributor from the Company during the preceding business week. In the event that due to a holiday the business week ends
on a Thursday, the Distributor product payment will be paid by 4 p.m. on Thursday. As compensation for all deliveries made in accordance
with this Agreement, the Distributor will receive the commissions specified in, or computed in accordance with Exhibit B. The Distributor
shall remit for all merchandise and Beverages received from SBSI and pay by Distributor’s check dated as of the date of payment,
cash (to the extent permitted by the Company), or Company pre-approved credits equal to the Company’s stipulated prices appearing
upon the Company’s Schedule of Prices.

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C.Beverage payments
shall not be refundable, except that the Company may credit the Distributor for unsold Beverages returned by the Distributor to
the Company unless the Company, in its sole and exclusive discretion, determines that: the quantity of Beverages returned is excessive
when compared with the quantity of Beverages purchased by the Distributor; the Beverages have been tampered with or, the Beverages
are stamped with an out-of-date code.

 

5.02Promotional Sales Compensation

 

In the event that SBSI
creates a special promotion including free Beverages to be delivered by Distributor to an account, the Company agrees to credit
the Distributor with an amount equivalent to the Distributor’s standard commission, and said credit shall be applied against
the balance due SBSI from the Distributor.

 

5.03.Product Allocation

 

If the Company is unable
to supply sufficient quantities for the distributors to supply the respective customers for reasons including but not limited to:
governmental regulation, strike, fire or other natural catastrophe, lack of materials, or other reason other than the Company’s
willful fault, the Company shall equitably allocate the available Beverages among the respective distributors.

 

5.04Product/Package Changes

 

SBSI reserves the right
to modify the size and/or types of containers used in packaging the Beverages, the Beverages supplied, and the manner of packaging
the Beverages. These changes may include by are not limited to different size containers, different packaging materials, or changes
in the number of containers within a package. In the event or any such modification, the Company and the Distributor will seek
to agree upon the commission due the Distributor. Upon the refusal or failure to enter into a commission modification agreement,
the dispute will be submitted to arbitration as provided in Agreement paragraph 12.00 entitled “Settlement of Disputes”.

 

5.05Company Warehousing

 

A.The Company will operate one (1)
or more warehouses as Beverage storage and distribution centers (hereinafter referred to as the “Warehouse” or the
“Warehouses”). Each Warehouse will serve the number of Company distributors as the Company, in its sole and exclusive
discretion, shall determine. The Company shall provide garaging or parking space for the Distributor’s delivery vehicles
at a designated Warehouse, and the Company, in its sole and exclusive discretion, shall from time to time be entitled to re-assign
the Distributor’s delivery vehicles to a different Warehouse.

 

B.The Distributor shall park its delivery
vehicles in the garage or parking spaces provided by the Company. The Distributor shall be entitled to request Company approval
to utilize parking and warehousing facilities other than those provided by the Company hereunder, and the Company shall be entitled
to determine whether such alternate parking and warehousing facilities are, in the Company’s reasonable judgment, adequate
and clean.

 

5.06Equipment and Supplies

 

The Company may from time
to time furnish the Distributor with standards and specification for equipment, supplies or other materials used in connection
with the Business. The Company may modify the standards and/or specifications in writing from time to time in its sole and exclusive
discretion, and the distributor shall comply with all such standards and specifications. In not event during the first five (5)
years following the execution of this Agreement shall the Distributor be required to spend more than a total of One Thousand ($1,000.00)
Dollars to conform to such standards and specifications in any one (1) year (excluding delivery vehicle purchases which shall be
governed by the provisions of Agreement paragraphs 2.03 and 3.00).

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5.07Display/Marketing/Vending Equipment

 

In order to increase Beverage
sales, the Company has developed plans and programs for the placement of collateral items. The Distributor shall exercise its best
efforts to cooperate with said plans and programs to expand the use of Company: display equipment, marketeers and cold drink refrigerators,
and vending machines (hereinafter referred to as “The Equipment”) to further develop the Distributor’s Beverage
distribution. Nothing herein shall prevent the Company from placing The Equipment at Distributor accounts and other outlets in
the Territory. In accordance with the Company plans and programs, the Distributor agrees to lease or purchase The Equipment from
the Company, or through Company approved sources.

 

6.00TRANSFERS

 

6.01Transfer Notification

 

During the term of this
Agreement the Distributor may sell, assign, or transfer all or part of the territorial rights to distribute the Beverages pursuant
to this Agreement to a third party upon the written consent of the Company (hereinafter known as the “Replacement Distributor”).
The Distributor may also agree to release its right to distribute the Beverages under this Agreement to the Replacement Distributor
in consideration for the Replacement Distributor agreeing to assume performance of the Agreement for the balance of the term then
remaining. The Distributor may not make such transfer without the written approval of SBSI, nor may the Distributor transfer all
or a portion of the stock or ownership in the Distributor without such approval. The Company shall notify the Distributor of its
decision not more than thirty (30) days following the receipt from the Distributor of SBSI’s completed transfer application
form, and provided that the requested information and references are made accessible to the Company.

 

6.02Approval Process and Closing Procedure

 

As part of the approval
process, the Company shall be entitled to exercise its discretionary judgment in evaluating the proposed distributor, and may require
that:

 

A.The Distributor shall furnish on
a Company application form signed by the Distributor and the proposed individual distributor information setting forth: the financial
terms of the proposed sale, and references to assist the Company in assessing the proposed distributor’s qualifications,
character, experience, business judgment, financial resources, adequacy of equipment, and safe driving record/experience necessary
to take the place of the Distributor.

 

B.The Company shall have the right
of first refusal with respect to any such proposed sale or transfer. As used herein, the term “right of first refusal”
shall mean that during the term of this Agreement, or any extension thereof, when the Distributor receives
a bona fide offer to purchase all or a portion of the Territory (hereinafter referred to as the “Demised Territory”),
which offer is acceptable to the Distributor, the Distributor agrees that the Company shall have and is hereby granted an option
to purchase the Demised Territory upon the same terms and provisions. The Distributor agrees immediately after receipt of such
offer to give the Company notice in writing of the terms and provisions thereof, and that the Company may exercise its option to
purchase said Demised Territory at any time within twenty (20) days after such notice is received by Company. If the Company shall
elect to exercise such option it shall do so by providing a “Notice of Acceptance” in writing to the Distributor within
such twenty (20) day period, and closing shall take place not more than thirty (30) days after the service of the Notice of Acceptance.

C.While it is understood
that the proposed individual distributor will be forming a New York corporation or a New York Limited Liability Company to operate
the distributorship, the Company expects that a primary individual will be the general manager of the distributorship responsible
for the daily supervision, payment, meeting attendance, and who will be the person responding to the Company when issues arise
relating to the operation of the Distributor. This general manager is the person who must individually comply with the Company’s
approval process.

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1.No transfer
shall be effective without the written Company approval, which shall not be unreasonably withheld.

 

2.The approval
and the agreement to be executed is personal on the part of the general manager, and except as otherwise hereinafter provided,
may not be assigned or delegated in whole or in part to any other person.

 

D.The general manager of the proposed
distributor shall attend the training sessions required by the Company. There shall be no charge for such training program, but
shall pay any transportation, meal, or other related costs incurred as a result of such training.

 

E.As of the date of the transfer, the
Distributor shall have complied with this Agreement, including but not limited to having made all payments due the Company.

 

F.Following the Company’s
approval of the prospective distributor, the Company, the Distributor, and the prospective distributor will agree upon a closing
date at SBSI’s offices not more than three (3) weeks following the issuance of the approval letter. At the closing the proposed
distributor will present:

 

1.A valid
New York filing receipt for the proposed distributor’s corporation or New York Limited Liability Company formed to operate
the distributorship.

 

2.Proof
of insurance through the suggested ALLSTATE route driver coverage naming the Company as an additional insured, or through such
other coverage presented prior to closing and deemed to be acceptable by SBSI.

3.Valid
CDL licenses for all of the proposed distributor’s driver employees, if such license is required for the Distributor’s
employees to drive the delivery vehicles to be used by the Distributor.

 

4.                              
Share certificate number “1” endorsed as follows:

 

“The shares represented by this
certificate may only be sold,

conveyed, or assigned subject to the
terms and conditions of the Distribution Agreement between [Distributor] and Specialty Beverage and Supplement Inc. dated [date
of Agreement execution].

 

5.Payment
for any search and closing fees reasonably incurred by the Company.

 

G.At closing the Company shall issue
to the Replacement Distributor a new Agreement in the form then generally in use by the Company, and for the balance of the term
then remaining upon this Agreement.

 

H.Upon the termination of this Agreement,
the mutual rights and obligations of the parties hereto shall cease and terminate, and the Company shall be under to obligation
to the Distributor, and the Distributor shall have no right or interest to the Territory, except as otherwise provide herein. There
shall be mutually executed Blumberg general form releases executed at closing.

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6.03Transfer Upon Death of Incapacity

 

Upon the death or permanent
incapacity of the individual whose name appears upon page one of this Agreement, the Distributor’s right to manage the Distributor
shall pass to an individual duly designated by the decedent’s estate executor or administrator, or the incapacitated individual’s
guardian or trustee (hereinafter jointly referred to as the “Estate”). The Estate shall provide a competent and qualified
individual who is acceptable to the Company to serve as the Business Manager on a full time basis, and such individual hall assume
the full time performance of the duties hereunder within one (1) month following the decedent’s death or permanent incapacity.
If the Estate fails to designate such a Business Manager within the one (1) month period, the Company may terminate the Distribution
Agreement. If the Estate fails to designate the Business Manager within said period, but nonetheless requests additional time from
the Company, upon the estate’s written representation that it intends to sell the Distributorship Territory, the Company
may extend the termination by up to ninety (90) days upon satisfactory evidence presented by the Estate that it is: actively seeking
to sell the distributorship; is continuing to operate the Business in compliance with the Agreement; and making timely payments.
If the Estate fails to comply with said conditions, the Company shall be entitled to accelerate the termination upon notice to
the Estate by personal delivery to the executor, administrator, guardian or trustee, or by certified mail, return receipt request
to the Estate. Such notice shall be effective upon the receipt of said notice, or five (5) days after the first attempt to deliver
such notice, whichever shall first occur.

 

7.00INDEPENDENT CONTRACTOR RELATIONSHIP

 

7.01Distributor as an Independent Contractor

 

The Distributor shall at
all times be an independent contractor. No employee of the Distributor shall be, shall be represented to be, or shall appear to
be an employee of the Company. Nothing in this Agreement shall be construed to create a partnership, joint venture, or agency between
the Distributor and SBSI.

 

7.02Independent Contractor Responsibilities

 

A.Distributor shall not have any power
to obligate the Company for any expenses, liabilities, warranties, guarantees, or other obligations except as otherwise expressly
set forth in this Agreement.

 

B.No Distributor or Distributor employee
may directly, indirectly, apparently, or impliedly give the impression that such entity or person is employed by the Company. The
Distributor shall be solely responsible for all Distributor and Distributor employee charges, levies and claims by any city, state
or federal agency and relating to: insurance, taxes, payroll taxes, withholdings, federal or state payroll contributions, worker’s
compensation, or the actions of any Distributor employee.

 

C.The Company shall not: have the real
or apparent authority to hire or fire the Distributor’s employees; be a signatory upon any Distributor bank account; have
access to or control any Distributor funds except as herein expressly provided; or otherwise exercise dominion or control over
the Distributor or Distributor’s Business except as herein expressly provided.

 

D.                 
Notwithstanding the provisions in Agreement paragraph 3.01 

pertaining to the painting of the Distributor’s
delivery vehicles, the Distributor’s delivery vehicles, and any business cards, stationery, and promotional materials utilized
by the Distributor shall identify the Distributor as “An Independent Contractor distributing SBSI Products”. In all
dealings with the Distributor’s customers, contractors, suppliers, public officials, the Distributor and its employees will
identify the Distributor as an Independent Contractor. The Company may from time to time specify how, where, and when the Distributor

shall indicate that the Distributor is an independent
contractor.

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8.00 DEFAULT AND TERMINATION

 

8.01Termination Without Notice

 

The Distributor shall be in default,
and all rights granted in this

Agreement shall immediately and automatically
terminate and revert to the Company without notice to the Distributor if:

 

1.The Distributor
is adjudicated bankrupt or insolvent, or an order is entered approving a petition filed by any of the creditors of the Distributor
or by any of the Distributor’s shareholders seeking its reorganization or readjustment of its indebtedness under federal
bankruptcy laws, or the laws or statutes of any federal or state government or agency;

 

 2.A
bankruptcy petition or similar action pertaining to Distributor’s insolvency is filed against the distributor, and is not
dismissed within thirty (30) days from the filing thereof;

 

3.      
Pursuant to or under the authority of any legislative act, resolution, 

rule, order, or the decree of any
court, governmental board, agency, officer, a receiver or trustee or liquidator takes possession or control of all or substantially
all of the Distributor’s assets or property, and such possession or control continues in effect for not less than fifteen
(15) days;

 

4.      
The Distributor is dissolved; or 

 

5.      
The Distributor dilutes or otherwise adulterates the Beverages.

 

8.02           
Termination Upon Notice Without the Right to Cure

 

The Distributor shall have materially
breached this Agreement and the

Company may immediately terminate this Agreement
without allowing the Distributor an opportunity to cure the breach, and said termination will be effective upon the earlier of:
Distributor’s receipt of written notice of termination, Distributor acknowledges having received notice of termination in
writing, or, three (3) business days after the mailing of such notice by certified mail, return receipt requested. The Company
shall be entitled to provide such notice of immediate termination without the right to cure if the Distributor or the individual
hereinabove identified on page one of this Agreement:

 

A.Is convicted of a felony involving
fraud, a crime involving moral turpitude, or any other crime or offense which SBSI reasonably believes will adversely reflect upon
the Company, the Beverages, the Licensed Marks, or the goodwill of the Company or SBSI system of distribution.

 

B.Creates a public nuisance or threatens
public health or safety by continuing to distribute the Beverages pursuant to this Agreement.

 

C.Continues selling, distributing,
or delivering the Beverages after the Company notifies the Distributor that the Beverages have been recalled by the Company, by
governmental agency, by rule of law or administrative action.

8.03           
Termination with the Right to Cure

 

A.Except as provided in Agreement
paragraphs 8.01 and 8.02, the Distributor shall have fifteen (15) calendar
days after receipt of a written notice of termination to cure any default hereunder (hereinafter referred to as the Cure Period”).
If the Distributor does not remedy the default within the Cure Period, or the further period required by law or allowed by the
Company in its sole and exclusive discretion (hereinafter jointly referred to as “Additional Cure Period”), this Agreement
shall immediately terminate upon, as appropriate, the expiration of the Cure Period or the Additional Cure Period.

    	10

    	 

    

B.The Distributor shall be in default
for any failure to substantially comply with this Agreement, and as may periodically be supplemented by the Company’s rules
or regulations, or where the Distributor fails to perform the terms of this Agreement or the amendments thereto if the Distributor
and the individual: identified on page one of this Agreement

 

1. Except as
otherwise provided in this Agreement, fails to devote full time and best efforts to the performance of the duties hereunder, and
as is necessary for the proper and effective operation of the Business.

 

2. Fails to make
any timely payment(s) when due the Company, and in the event of such failure, and the Company shall be additionally entitled to
suspend all services to the Distributor, including but not limited to supplying Beverages, promotional and warehousing services,
until the Distributor is in compliance.

 

3. Does not indemnify
the Company as required by this Agreement.

 

4. Does not purchase
or maintain insurance required by this Agreement.

 

5. Refuses to
allow SBSI personnel to inspect the Business or provide access to Distributor’s delivery vehicles.

 

C.A notice of termination pursuant
to this Agreement paragraph 8.03 shall be delivered in accordance with the Notice provisions set forth in paragraph 9.00 of this
Agreement, and all notices shall be deemed to have been received by the Distributor upon delivery, or upon the first attempted
delivery of such notice to the Distributor at the address specified in Agreement paragraph 9.00.

 

8.04Extension of Termination Date

 

When the Company gives
the Distributor a termination notice pursuant to Agreement section 8.03 above, and the Distributor fails to timely cure the default,
then except as otherwise provided in this Agreement, upon the Distributor’s request based upon the Distributor’s good
faith efforts to sell the Business, the Company may extend the effective termination date in thirty (30 day increments not to exceed
ninety (90) days. During such extension period(s) the Distributor must exercise its best efforts to sell the Business subject to
the terms of this Agreement while continuing to comply with the terms of this Agreement (hereinafter jointly referred to as “Extension
Term”). If the distributor fails to comply with the Extension Terms, then the Company shall be entitled to immediately terminate
the extension period effective when received by the Distributor upon delivery, or upon the first attempted delivery of such notice
to the Distributor at the address specified in Agreement paragraph 9.00.

 

8.04           
Rights Upon Termination

 

A.Upon termination or expiration of
this Agreement, the Distributor shall immediately discontinue using all Licensed Marks, and shall return to the Company all advertising
signs, novelties, equipment, and any other items in the possession of the Distributor which are designated with a Licensed Mark.
If the Distributor has paid for such items, the Company shall repurchase the items unless such items are unsaleable due to age,
neglect, or damage.

 

B.The expiration or termination of
this Agreement shall be without prejudice to the rights of the Company against the Distributor, and such expiration or termination
shall not relieve the Distributor of any obligations to the Company existing at the time of expiration or termination.

 

8.05           
Covenant Not to Compete

 

Distributor agrees that for a period of
one (1) year immediately following the expiration or termination of this Agreement, the Distributor will not directly or indirectly
engage in a business which offers, sells or distributes any beverages to the customers within the Territory, and as further provided
in Agreement paragraph 2.07.

    	11

    	 

    

9.00 NOTICES 

 

Except as otherwise provided
in this Agreement, any notice required or permitted to be given hereunder shall be in writing, and shall be: delivered to the other
party personally or by certified mail, return receipt requested postage prepaid. The notice shall be effective as follows: if delivered
personally, then upon receipt; if sent by certified mail, then upon the date that delivery is documented to have been first attempted.
Notice to the Distributor shall be addressed to the location appearing at page one of this Agreement, or at such other address
as the Distributor shall give written notice to the Company. Notices to the Company shall be provided to:

 

Specialty Beverage and Supplement Inc.

Attention: Peter Scalise III

1710 Church Street

Holbrook, New York 11741

 

With a copy to:

 

Allan M. Stern, Esq.

P.O. Box 823

Glenwood Landing, New York 11547

 

10.00 MISCELLANEOUS

 

10.01        
Construction and Interpretation

 

A.This Agreement is to be construed
in accordance with the laws of the State of New York without recourse to New York choice of law or conflicts of law principals.
If any provision of this Agreement is not enforceable under the laws of New York, and the address of the Distributor or the territory
is located outside of New York, and such provision would be enforceable under the laws of the state of the Distributor’s
address or territory, then such provision shall be interpreted and construed under the laws of that state.

 

B.The titles and subtitles of the various
articles and sections of this Agreement are inserted for convenience, and shall not be deemed to affect the meaning or construction
of any of the terms, conditions, provisions or covenants of this Agreement.

 

C.It is agreed that if any provision
of this Agreement is capable of two constructions, one of which would render the provision void, and the other which would render
the provision valid, then the provision shall have the meaning which renders it valid.

 

D.The terms of this Agreement shall
not be construed against the drafting party.

 

E.The parties agree to execute such
other documents and perform such further acts as many be necessary or desirable to carry out the purposes of this Agreement.

 

F.Any provision of this Agreement which
imposes an obligation following the termination or expiration of the Agreement shall continue to be binding upon the parties, their
heirs, successors and assigns.

 

10.02 The Bottle Law

 

Pursuant to the so-called
New York Returnable Beverage Container Act (hereinafter referred to as the “Deposit Law”), all returnable containers,
shells and pallets subject to Deposit Law shall: be collected from customer accounts, remain the property of the Company, and be
delivered back to the Company. The Distributor shall at all times diligently cooperate with the Company to bring about the prompt
collection of all empty returnable containers and cases sold by the Company subject to the provisions of the Deposit Law. The Distributor
will return such materials promptly, and will pre-sort such items according to size and type of container. The Distributor is responsible
for the pick up of properly segregated containers which have been returned to the customer accounts that are not part of a third
party container pick up agreement for deposit under the Deposit Law by a “Redeemer”, as defined in said Act.

    	12

    	 

    

10.03Company Beverage Discontinuance

 

The Distributor agrees
and acknowledges that if the Company discontinues the sale and distribution of any of the Beverages in the County in which the
Territory is located, and not withstanding the other provisions of this Agreement, the Distributor’s right to distribute
such product(s) shall immediately cease and be deemed terminated, release and extinguished without liability of either party to
the other. This provision shall not apply in the event that the Company sells, assigns, or otherwise voluntarily conveys the rights
to sell or distribute any of the Beverages to a Purchasing Company, as further set forth in the Rider annexed hereto.

 

10.04Indemnification

 

A.Distributor

 

1.The Distributor
agrees to defend at its own cost, and to indemnify and hold harmless the Company, the corporate parent, corporate subsidiaries,
affiliates, successors, assigns, its directors, offices, employee, agents, and representatives from all losses and expenses (including
attorneys’ and expert fees) incurred in connection with any action, suit proceeding, claim, demand, investigation, inquiry,
or settlement thereof which arises out of, relates to, or is based upon ay acts, errors or omissions of the distributor or its
agents, servants, employees, contractors, partners, proprietors, affiliates, or representatives, including but not limited to the
use or operation of any vehicle or equipment, sale of beverages, or use of Licensed Marks (hereinafter referred to as “Distributor
Litigation”).

 

2.The Distributor
agrees to give the Company notice of any Distributor Litigation. At the Distributor’s expense, the Company may elect to assume
the defense and /or settlement of any such Distributor Litigation with respect to the interests of the Company, provided that the
Company will keep the Distributor informed of any proposed settlement(s). Such an undertaking by the Company shall not diminish
the Distributor’s obligation to indemnify and hold harmless the Company.

 

B.Company

 

1.The Company
agrees to defend at its own cost, and to indemnify and hold harmless the Distributor, the corporate parent, corporate subsidiaries,
affiliates, successors, assigns, its directors, offices, employee, agents, and representatives (from all losses and expenses (including
attorneys’ and expert fees) incurred in connection with any action, suit proceeding, claim, demand, investigation, inquiry,
or settlement thereof which arises out of, relates to, or is based upon ay acts, errors or omissions of the distributor or its
agents, servants, employees, contractors, partners, proprietors, affiliates, or representatives, including but not limited to the
use or operation of any vehicle or equipment, sale of beverages, or use of Licensed Marks (hereinafter referred to as “Company
Litigation”).

 

2.The Company
agrees to give the Distributor notice of any Company Litigation. At the Company’s expense, the Distributor may elect to assume
the defense and /or settlement of any such Distributor Litigation with respect to the interests of the Distributor, provided that
the Distributor will keep the Company informed of any proposed settlement(s). Such an undertaking by the Distributor shall not
diminish the Company’s obligation to indemnify and hold harmless the Distributor.

 

11.00 TERM OF AGREEMENT

 

This Agreement shall terminate
five (5) years from the date of execution by the parties, and unless sooner terminated pursuant to the provisions hereof, the Agreement
shall be automatically extended for an additional five (5) year the Distributor recognizes that by maintaining a clean and attractive
delivery vehicle, it promotes the product and assists in increasing sales.period commencing at the completion of the initial five
(5) year period.

    	13

    	 

    

12.00 SETTLEMENT OF DISPUTES

 

Any and all disputes between
the parties hereto arising out of, under and/or by virtue of this Agreement, and/or concerning the interpretation or application
of the provisions of this Agreement, except for the disputes arising under Agreement paragraphs 8.01 and 8.02, shall be determined
in arbitration before the office of the American Arbitration Association located in Suffolk County, New York. The resulting award
shall be rendered in accordance with the civil laws and rules then in effect, and judgment upon the award may be entered in any
court having jurisdiction thereof.

 

 

13.00 ACKNOWLEDGMENTS

 

The Distributor represents,
warrants and acknowledges that:

 

A.                 
Except as provided in this Agreement or as provided pursuant to law, no representation or
statement has been made by the Company or by any SBSI agent or representative, or relied upon by the Distributor concerning the
Territory, the Company, or any other distributor concerning past or future income, expenses, sales, profits, profitability, or
distributorship potential

 

B.The general manager and Distributor
have independently investigated, analyzed, and evaluated the business being offered by this Agreement, and have had the opportunity
to review the Business and the related documents with legal counsel, accountants, or other advisors. The Distributor and the general
manager are satisfied that it is in the best interests of the Distributor and the general manager to enter into this Agreement.

 

Dated:

 

			DIMAN DISTRIBUTORS INC.
			
	Witness/Date		Corporate
			
	 	 	 
			JACK MANNO
			
			Distributor—Individual
			
	 	 	 
			NICK DIMARCO
			
			Distributor-Individual
			
	 	 	 
			SPECIALTY BEVERAGE AND SUPPLEMENT INC.
	 	 	 
			/s/ Peter Scalise 
		By:	Peter Scalise  Office: CEO
			

 

    	14

    	 

    

EXHIBIT A

 

TERRITORY

    	15

    	 

    

EXHIBIT B

 

PRODUCTS, PRICING AND COMMISSIONS

 

The Beverage supplied by
the Company to the Distributor pursuant to this Agreement shall be:

 

The Beverages shall be
added to or modified in accordance with Agreement paragraph 5.04.

 

The Schedule of Prices
and Commissions shall be as follows:

 

For all products sold via store-door delivery
to retail accounts the Distributor Commission shall be as follows:

 

1.House Accounts shall be any accounts
obtained by the Company and serviced by the Distributor. For all House Accounts, the Distributor Commission shall be 9% of the
suggested per case wholesale price to the House Account customers.

 

2.The Distributor commissions for all
accounts obtained by the Distributor shall be 12% of the suggested per case wholesale price to the non-House Account customer

 

The Distributor Commissions
for all other accounts shall be subject to notice hereinafter provided by the Company

    	16

    	 

    

DISTRIBUTION AGREEMENT RIDER

 

1.The Company has no present intent
to sell the distribution system or ownership interest in the Licensed Beverages to any other entity (hereinafter referred to as
the “Purchasing Company”). It is agreed nonetheless that in the event that the Company sells, conveys, or assigns the
distribution system or Licensed Beverages, and the Purchasing Company does not retain the Distributor to distribute the Beverages
pursuant to terms substantially similar to the Agreement, then the Distributor shall be entitled to receive a termination payment
determined as follows:

 

A.The distributors as a group shall
be paid TWO AND ONE HALF (2.5%) PERCENT (hereinafter referred to as the “Distributors’ Share”) of the price paid
for the distribution rights in the New York City metropolitan area. As used herein, the New York City metropolitan area shall include
Nassau County, Suffolk County, the boroughs of the City of New York, and Westchester County. The Company contemplates expanding
the distributor distribution system beyond the New York City metropolitan area, and so the Distributor expressly understands and
acknowledges that the Distributors’ Share shall only relate to distribution rights for the New York City metropolitan area.

 

B.The Distributors’ Share shall
be divided between the Distributors in good standing on the date of sale, and will be allocated between the eligible distributors
based upon each distributor’s proportionate share of the distributors’ combined sales in the New York metropolitan
area for the twelve (12) month period immediately prior to the sale, conveyance, or assignment. For example, if the New York City
metropolitan area distributors jointly sold ten million (10,000,000) cases of Beverages pursuant to the Agreement during said period,
and an individual distributor sold one hundred thousand (100,000) cases, that distributor would be entitled to receive one percent
(100,000/10,000,000) of the Distributors’ Share. The Distributor’s portion of the Distributors’ Share shall be
paid on or before the closing anniversary date plus thirty (30) days.

 

C.Notwithstanding the foregoing provisions
of Rider paragraph 1, if the Distributor or its general manager becomes an employee of the Purchasing Company, or enters into a
distribution agreement with the Purchasing Company on or before the first anniversary of the date of closing, then:

 

1. The Distributor will not be
entitled to receive or retain a portion of the Distributors’ Share;

 

2.The Distributor’s proportionate
share of the Distributors’ Share will be deducted from the total Distributors’ Share payment, and will be retained
by the Company;

 

3.Any portion of the Distributors’
Share received by the Distributor shall be returned to the Company;

 

4.If the Distributor or its general
manager receives a payment of the Distributor’s portion of the Distributors’ Share contrary to the provisions of this
paragraph, the Distributor and/or the general manager shall be required to timely return such sums received to the Company; and

 

5.The terms of this provision shall
survive the termination of this Agreement.

 

 

			DIMAN DISTRIBUTORS INC.
			
	Witness/Date		Corporate
			
	 	 	 
			JACK MANNO
			
			Distributor—Individual
			
	 	 	 
			NICK DIMARCO
			
			Distributor-Individual
			
	 	 	 
			SPECIALTY BEVERAGE AND SUPPLEMENT INC.
	 	 	 
			/s/ Peter Scalise 
		By:	Peter Scalise  Office: CEO
			

 

    	17<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center"><B>MEMBERSHIP INTEREST PURCHASE AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.5in">THIS MEMBERSHIP INTEREST PURCHASE
AGREEMENT (this &ldquo;Agreement&rdquo;) is entered into as of this  13th day of May, 2011, by and between Ivona Janieszewski
(&ldquo;Buyer&rdquo;) and Mojo Ventures, Inc. (&ldquo;Seller&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>WITNESSETH:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">A. Seller owns a one hundred percent (100%)
membership interest (the &ldquo;Interest&rdquo;) in Mojo Shopping, LLC, a Nevada limited liability company (the &ldquo;Company&rdquo;).
The Company engages in the business of developing, promoting, and expanding an online retail business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">B. Seller owes Buyer $2,759 in connection with
related party payables (the &ldquo;Related Party Indebtedness&rdquo;) due to Buyer for expenses paid.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">B. Seller desires to sell the Interest to Buyer
and Buyer desires to buy from Seller the Interest pursuant to the terms and subject to the conditions set forth in this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>AGREEMENT:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">In consideration of the foregoing and the mutual
promises contained herein, the parties agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">1. PURCHASE AND SALE OF INTEREST. Upon the
terms and subject to the conditions set forth in this Agreement, Seller hereby sells, assigns, transfers and conveys the Interest
to Buyer, and Buyer hereby purchases, obtains and acquires the Interest form Seller.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">2. PURCHASE PRICE. In consideration of
and in exchange for the sale, assignment, transfer and conveyance of the Interest, Buyer agrees to assign and transfer to
Seller, Three Million Two Hundred (3,200,000) shares of the common stock (the &ldquo;Stock&rdquo;) in Seller for cancelation
and return to treasury. The Stock shall be delivered to Seller through certificates, properly endorsed for transfer, on the
Closing Date. Buyer further agrees to cancel and release Seller in connection with any obligations owned to Buyer for the
Related Party Indebtedness, and further agrees to assume approximately $200,000 in accounts payable associated with online
retail business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">3. CLOSING. Subject to the satisfaction of
the conditions set forth in this Agreement and compliance with the other provisions hereof, the closing of the transaction contemplated
by this Agreement (the &ldquo;Closing&rdquo;) shall take place at Las Vegas, NV on May __, 2011 at 10:00 a.m., local time, or at
such other place and time as shall be mutually agreeable to the parties hereto (the &quot;(Closing Date&quot;). At the Closing,
Buyer shall deliver to Seller certificates evidencing the number of shares of Stock specified in Section 2 hereof, and Seller shall
deliver to Buyer an assignment of the Interest, in the form attached as Exhibit A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">4. ASSIGNMENT OF THE INTEREST. From and after
the Closing, all equitable and legal rights, title and interests in and to the Interest shall be owned, held and exercised by Buyer.
All capital calls, obligations and liabilities, if any, under the Company&rsquo;s Operating Agreement shall be the sole responsibility
of Buyer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">5. ASSIGNMENTS OF THE STOCK. From and after
the Closing, all equitable and legal rights, title and interests in and to the Stock shall be owned, held and exercised by Seller.
Buyer will endorse the share certificate(s) with the appropriate medallion signatures to effect transfer and any other endorsements
or signatures required to cause the transfer of the Stock without further action by Buyer. Buyer will further instruct Seller&rsquo;s
transfer agent to cancel the Stock and return the same to treasury of Seller.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">6. INVESTMENT REPRESENTATIONS OF BUYER. Buyer
hereby represents and warrants to Seller as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">(a) Buyer understands that the Interest has
not been registered under the Securities Act of 1933 (the &ldquo;1933 Act&rdquo;) or the laws of any state, and the transactions
contemplated hereby are being undertaken in reliance upon an exemption from the registration requirements of the 1933 Act, and
reliance upon such exemption is based upon Buyer's representations, warranties and agreements contained in this Agreement.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">(b) Buyer has received and carefully reviewed
all information necessary to enable Buyer to evaluate her investment in the Company. Buyer has been given the opportunity to ask
questions of and to receive answers from the Company concerning its business and the Interest, and to obtain such additional written
information necessary to verify the accuracy thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">(c) Buy is aware the purchase of the Interest
is speculative and involves a high degree of risk. Buyer is aware that there is no guarantee that Buyer will realize any gain from
her acquisition of the Interest. Buyer further understands that Buyer could lose the entire amount of her investment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">(d) Buyer understands that no federal or state
agency or other authority has made any finding or determination regarding the fairness of the offer, sale and/or issuance of the
Interest or has made any recommendation or endorsement thereof or has passed in any way upon this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">(e) Buyer: (i) is acquiring the Interest solely
for Buyer&rsquo;s own account for investment purposes only and not with a view toward resale or distribution thereof, in whole
or in part, (ii) has no tract, undertaking, agreement or arrangement, in existence or contemplated, to sell, pledge, assign or
otherwise transfer the Interest to any other person, and (iii) agrees not to sell or otherwise transfer the Interest unless and
until it is subsequently registered under the 1933 Act and any applicable state securities laws, or unless an exemption from any
such requirement is available.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">(f) Buyer is financially able to bear the economic
risk of an investment in the Interest, including the ability to hold the Interest indefinitely and to afford a complete loss of
her investment in the Interest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Buyer has such knowledge and experience in financial and business
matters as to be capable of evaluating the merits and risks of the acquisition of the Interest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">7. REPRESENTATIONS AND WARRANTIES OF THE PARTIES.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><!-- Field: xData; Data: A916A1832A2748A3664A4580A5496A6412A7328A8244A9160A10076A10992A11908A12824A13740A14656 -->&#9;(a)&#9;Buyer
represents and warrants to Seller that (i) Buyer is the absolute owner of the Stock and has good and marketable title thereto,
free and clear of any liens, pledges, claims, security interests, encumbrances, charges, options and restrictions of any kind whatsoever,
(ii) Buyer has full right, power and authority to sell the Stock as provided herein, and (iii) this Agreement constitutes the valid
and legally binding obligation of Buyer, enforceable in accordance with its terms and conditions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><!-- Field: xData; Data: A916A1832A2748A3664A4580A5496A6412A7328A8244A9160A10076A10992A11908A12824A13740A14656 -->&#9;(b)&#9;Seller
represents and warrants to Buyer that (i) Seller is the absolute owner of the Interest and has good and marketable title thereto,
free and clear of any liens, pledges, claims, security interests, encumbrances, charges, options and restrictions of any kind whatsoever,
(ii) Buyer has full right, power and authority to sell the Interest as provided herein, and (iii) this Agreement constitutes the
valid and legally binding obligation of Seller, enforceable in accordance with its terms and conditions</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">8. CONDITIONS TO OBLIGATIONS OF BUYER. The
obligation of Buyer to consummate the transactions contemplated by this Agreement is subject to the fulfillment of each of the
following conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">(a) On the Closing Date, Seller shall be the
sole legal and beneficial owner of the Interest, free and clear of all claims, liens, mortgages, charges, security interests, encumbrances
and other restrictions and limitations of any kind and nature whatsoever.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">(b) By the Closing Date, any and all necessary
consents, authorizations, orders or approvals for transfer of the Interest shall have been obtained.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">(c) Neither the execution or delivery of this
Agreement nor the performance of its obligations hereunder will conflict with or result in a breach of or constitute a default
under or result in the creation of or an imposition of a lien upon any of the properties or assets of Seller or any agreement to
which Seller may be a party or by which its property or assets may be subject.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">9. CONDITIONS TO OBLIGATIONS OF SELLER. The
obligation of Seller to consummate the transactions contemplated by this Agreement is subject to the fulfillment of each of the
following conditions:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">(a) On of the Closing Date, Buyer shall be
the sole legal and beneficial owner of the Stock, free and clear of all claims, liens, charges, security interest, encumbrances
and other restrictions and limitations of any kind or nature whatsoever.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">(b) On the Closing Date, any and all necessary
consents, authorizations, orders or approvals for transfer of the Stock shall have been obtained.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">(c) Neither the execution or delivery of this
Agreement nor the performance of its obligation hereunder will conflict with or result in a breach of or constitute a default under
or result in the creation of or an imposition of a lien upon any of the properties or assets of Buyer or any agreement to which
Buyer may be a party or by which it property or assets may be subject.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">10. INDEMNIFICATION. Buyer shall indemnify
and hold harmless Seller, and shall reimburse the Seller for, any loss, liability, claim, obligation, cost, damage, expense (including,
but not limited to, costs of investigation and defense and attorneys&rsquo; fees) or diminution of value (collectively, &ldquo;Claims&rdquo;)
included in, related to, as a result of, arising from or in connection with (a) the liabilities of the Company, or (b) any inaccuracy
in any of the representations and warranties of Buyer in this Agreement. Buyer hereby agrees to defend Seller at Buyer&rsquo;s
expense from and against any such Claims, and Buyer hereby releases and forever discharges Seller from any loss, liability, claim,
obligation, cost, damage, expense (including, but not limited to, costs of investigation and defense and attorneys&rsquo; fees)
or diminution of value with respect to any such Claims.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">11. MISCELLANEOUS.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">(a) This Agreement represents the entire agreement
between the parties hereto with respect to the transactions contemplated hereby and supersedes all prior agreements with respect
thereto, whether written or oral.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">(b) This Agreement shall be governed by and
construed in accordance with the laws of the State of Nevada, without regard, however, to such jurisdiction's principles of conflict
of laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">(c) This Agreement may be executed in counterpart
originals, each of which shall be an original, but all of which shall constitute only one Agreement. A facsimile signature of any
party will be binding on that party, and any facsimile communication shall be immediately followed by a hard copy containing such
signature.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">DATED as of the date first written above:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 50%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&ldquo;Buyer&rdquo;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">_______________________</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Ivona Janieszewski</P></TD>
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&ldquo;Seller&rdquo;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Mojo Ventures, Inc.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">_________________________</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">By:</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Its:</P></TD></TR>
</TABLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>EXHIBIT A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>ASSIGNMENT OF MEMBERSHIP INTEREST</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">FOR VALUE RECEIVED, Mojo Ventures, Inc. (f/k/a
Mojo Shopping, Inc.), a Nevada corporation (&quot;Assignor&quot;), herewith sells, assigns, transfers and conveys to Ivona Janieszewski
(&ldquo;Assignee&rdquo;), the entirety of Assignor&rsquo;s rights, title and interests as sole member of and in Mojo Shopping,
LLC, a Nevada limited liability company (the &ldquo;Company&rdquo;), which shall include, without limitation, Assignor&rsquo;s
one hundred percent (100%) capital and profits interest in the Company, Assignor&rsquo;s capital account balance in the Company,
Assignor&rsquo;s distributions and liquidation rights in the Company and Assignor&rsquo;s voting and management rights and powers
in the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">This Assignment of Membership Interest in the
Company is made, delivered and shall be effective on the date hereof in accordance with and in complete satisfaction of the requirements
of the Operating Agreement of Mojo Shopping, LLC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">IN WITNESS WHEREOF, Assignor has executed this
Assignment by and through its sole member this ____ day of May, 2011.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">Mojo Ventures, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">_________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">By:</P>

<P STYLE="font: 11pt Calibri, Halvetica, Sans-Serif; margin: 0; text-indent: 45.8pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 45.8pt">Its: President</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00190-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00190-of-00352.parquet"}]]