Document:

Exhibit 10.2

 

MUTUAL
RELEASE AGREEMEMT

 

This
Mutual Release Agreement (this “Release” or this “Agreement”) is made as of July 27, 2015
(the “Effective Date”), by and between William Sigler (“Sigler), on the one hand, and Smack Sportswear,
Inc., a Nevada corporation (“Smack”) and their respective affiliates, on the other hand.

 

W I T N E S S E T H:

 

WHEREAS,
a dispute has arisen between the Parties (as defined below) and/or their Affiliates (as defined below) relating to their respective
performances under the Prior Settlement Agreement (as defined below) and under the Dealer Agreement (as defined below);

 

WHEREAS,
Sigler wishes to purchase certain assets of Smack (the “Assets”) pursuant to the terms and conditions of that
certain Asset Purchase Agreement of even date herewith (the “Purchase Agreement”) by and between Sigler, as
“Buyer” and Smack as “Seller”;

 

WHEREAS,
payment for the Assets being purchased by Sigler pursuant to the Purchase Agreement is the cancellation of all indebtedness owed
by the Company to Sigler, which indebtedness as of the Effective Date totaled $132,900.00 (the “Debt Amount”);

 

WHEREAS,
as of the Effective Date, Sigler is a member (“Director”) of Smack’s Board of Directors (the “Board”);

 

WHEREAS,
in connection with the parties entering into the Purchase Agreement, Sigler wishes to resign as a Director from the Board; and

 

WHEREAS,
the undersigned have determined that it is in their best interests to eliminate any and all obligations, liabilities and claims
that the parties now have, will have, or could have with regard to each other, except such continuing contractual obligations
as the undersigned may have to each other pursuant to this Agreement.

 

NOW,
THEREFORE, for value received, and for other good and valuable consideration, receipt of which is hereby acknowledged, and in
consideration of the mutual promises, covenants and conditions herein contained, each of the undersigned, intending to be legally
bound by this Release, agrees as follows:

 

1. Mutual
Release of Any and All Claims between the Parties. In consideration of the mutual specific releases contained herein,
and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned
parties promise, agree and specifically release each other as follows: each of Sigler and Smack (the
“Parties”) on behalf of itself or himself and its or his respective agents, representatives, employees,
attorneys, insurers, predecessors and successors in interest, assigns, directors, officers, partners, parent corporations,
subsidiaries, affiliates, and all other persons, firms, or corporations with whom or which any of them have been, are now, or
may hereafter be affiliated, and any other person or entity claiming through them or on their behalf
(“Affiliates”) hereby releases, remises and forever discharges each other Party hereto, including their
respective Affiliates from any and all claims, causes of action, damages, losses, actions, judgments, obligations,
attorneys’ fees, indemnities, subrogations, duties, demands, controversies and liabilities of any nature whatsoever,
whether known or unknown, and whether arising under statute, contract (express, implied, or otherwise), in tort, equity, or
any other theory of recovery, and whether for compensatory damages, penalty, or punitive damages, including
without limitation in any way relating to or arising out of (i) the Debt Amount, (ii) any tangible or intangible intellectual
property currently owned by Smack, (iii) that certain Mutual Release Agreement entered into on September 22, 2014 between the
Parties (the “Prior Settlement Agreement”), (iv) that certain Dealer Agreement entered into on September
22, 2014 between Smack and MVP LLC (as defined below) (said agreement, the “Dealer Agreement”), as well as
any other claims, whether presently known or unknown (“Claims”); provided, however, that this Agreement
does not waive or release any Claims or related rights that any of the Parties may have for a breach of the provisions of
this Agreement. Each of the Parties (on behalf of itself and any of its affiliates) represents and agrees that it has not
assigned or transferred, or attempted to assign or transfer, to any person or entity, any of the Claims it is releasing in
this Agreement, and that each of the Parties agrees to indemnify, defend and hold harmless the other and its Affiliates (as
applicable) from and against any claim, demand, damage, debt, liability, account, reckoning, obligation, cost, expense, lien,
action or cause of action (including attorneys' fees and costs paid or incurred) based upon or in connection with or arising
out of any such assignment or transfer or purported or claimed assignment or transfer.

 

    	7-15 Sigler-Smack Release	Page 1

    	 

    

 

For
purposes of clarity, Sigler agrees and acknowledges, on his behalf and on behalf of his Affiliates, that as a consequence of the
consummation of the transactions relating to the Purchase Agreement, Smack and its Affiliates will have no outstanding debt or
liability to or from Sigler.

 

For
purposes of this Agreement, Sigler’s “Affiliates” include, without limitation, Magnum Venture Partners, LLC,
a Wyoming limited liability company (“MVP LLC”) and Magnum Venture Partners, Inc., a Wyoming corporation dba
MVP Sports.

 

Each
of the Parties acknowledges and agrees that its Release as set forth herein shall inure to the benefit of, and shall be final
and binding with respect to, himself and itself, as the case may be, and any and all of such Party’s Affiliates, without
necessity of their signature(s) upon this Agreement. Each Party also represents and agrees that, prior to signing this Agreement,
neither Party, nor any Affiliate of said Party, has filed or pursued any complaints, charges or lawsuits of any kind with any
court, governmental or administrative agency or arbitrator against the other Party or an Affiliate of the other Party.

 

2. Waiver
of Civil Code Section 1542: The Parties agree to waive the provisions of Section 1542 of the California Civil Code and
agree that, except as to such rights or claims as may be created or preserved by this Release, the Parties’ releases
set forth hereinabove extend to all claims of every kind, nature and description whatsoever, known or unknown, suspected or
unsuspected. This Release covers all claims which the Parties know exist, as well as those claims that the Parties do not
know or suspect to exist in their favor at the time of executing this Release. California Civil Code Section 1542 states as
follows,

 

"A
general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing
the release, which if known by him must have materially affected his settlement with the debtor."

 

    	7-15 Sigler-Smack Release	Page 2

    	 

    

 

Each
Party will indemnify and hold harmless each other Party herein released from any loss, claim, expense, demand, or cause of action
of any kind or character, through the assertion by any Party or stranger hereto, including by any third party, of a claim or claims
connected with the subject matter of this Release, and from any loss incurred directly or indirectly by reason of the falsity
or inaccuracy of any representation herein by the indemnifying Party.

 

3. Miscellaneous.

 

(a)
This Agreement shall be governed by and construed exclusively in accordance with the internal laws of the State of Nevada
without regard to the conflicts of laws principles thereof. The parties hereto hereby expressly and irrevocably agree that any
suit or proceeding arising directly and/or indirectly pursuant to, arising out of or under this Agreement, shall be brought solely
and exclusively in the federal or state court selected by the party prosecuting, filing or otherwise commencing said suit or proceeding
(the “Chosen Venue”). By its execution hereof, the parties hereby expressly covenant and irrevocably submit
to the in personam jurisdiction of the Chosen Venue and agree that any process in any such action may be served upon any
of them personally, or by certified mail or registered mail upon them or their agent, return receipt requested, with the same
full force and effect as if personally served upon them in the Chosen Venue. The parties hereto expressly and irrevocably waive
any claim that any such jurisdiction is not a convenient forum for any such suit or proceeding and any defense or lack of in personam
jurisdiction with respect thereto. In the event of any such action or proceeding, the party prevailing therein shall be entitled
to payment from the other party hereto of its reasonable counsel fees and related costs and/or disbursements in an amount judicially
determined.

 

(b)
Should any part, term or provision of this Release be declared or be determined by any court to be illegal or invalid, the
validity of the remaining parts, terms or provisions, including the release of all Claims by each Party, shall not be
affected thereby and said illegal or invalid part, term or provision shall be modified by the court so as to be legal or, if
not reasonably feasible, shall be deleted.

 

(c)
Each Party acknowledges and agrees that (a) he or it has not relied on any representations, promises, or agreements of
any kind made to him in connection with her decision to accept the Release except for those set forth herein; (b) he/it has
been advised to consult an attorney before signing this Release, and he/it has had the opportunity to consult with an
attorney of his or its own choosing; (c) he/it does not feel he/it has been coerced to sign this Release or that his/its
signing this Release would for any reason not be voluntary; and (d) he/it has thoroughly reviewed and understands the effects
of this Release before signing it.

 

(d)
This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective heirs, successors
and assigns and Affiliates. Neither Party shall assign of this Agreement or any rights hereunder.

 

    	7-15 Sigler-Smack Release	Page 3

    	 

    

 

(e)
All notices, requests, claims, demands and other communications given or made pursuant hereto shall be in writing and shall
be deemed to have been duly given if delivered in person against written receipt, by facsimile transmission, by email, overnight
courier prepaid, or mailed by prepaid first class registered or certified mail, postage prepaid, return receipt requested to the
respective parties at the following addresses (or at such other address for a party as shall be specified in a notice given in
accordance with this Section):

 

If
to Sigler, as follows:

 

William
Sigler

933
6th Street, Unit D

Hermosa
Beach, CA 90403

Email:
billsmack1@gmail.com

 

If
to Smack, as follows:

 

Smack
Sportswear, Inc.

6025
Macadam Ct.

Agoura
Hills, CA 91301

Email: doug.samuelson@yahoo.com

 

All
such notices, requests and other communications will (i) if delivered personally to the address as provided in this Section, be
deemed given upon delivery, (ii) if delivered by facsimile transmission to the facsimile number as provided in this Section, be
deemed given upon receipt, (iii) if delivered by email, to the email address as provided in this Section, be deemed given upon
sending such email, (iv) if delivered by overnight courier to the address as provided in this Section, be deemed given on the
earlier of the first business day following the date sent by such overnight courier or upon receipt, or (v) if delivered by mail
in the manner described above to the address provided in this Section, be deemed given on the earlier of the third business day
following mailing or upon receipt. In order for any such notice to be deemed given as provided above, other than if sent by email,
any such notice must also be accompanied by an email to the recipient. In order for any such notice to be deemed given that is
sent by email as provided above, any such notice must also be accompanied by sending such notice in the mail.

 

(f)
 The Parties shall not be deemed to waive any of their rights or remedies under this Agreement unless such waiver is in writing
and signed by the party to be bound. No delay on the part of any Party in exercising any right, power or privilege hereunder shall
operate as a waiver thereof, nor shall any waiver on the part of that Party of any right, power or privilege hereunder operate
as a waiver of any other right, power or privilege hereunder, nor shall any single or partial exercise of any right, power or
privilege hereunder preclude any other or further exercise of any other right, power or privilege hereunder. The rights and remedies
herein provided are cumulative and are not exclusive of any rights or remedies which the Parties hereto may otherwise have at
law or in equity.

 

    	7-15 Sigler-Smack Release	Page 4

    	 

    

 

(g) This
Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior
agreements or understandings (in writing, oral or otherwise) of the parties relating thereto, including without limitation, the
Prior Settlement Agreement. No course of dealing, course of performance or trade usage, and no parol evidence of any nature, shall
be used to supplement or modify any terms of this Agreement.

 

(h)
This Agreement may be modified or amended only by written agreement of the Parties hereto.

 

(i)
This Agreement may be executed in multiple counterparts and by facsimile each of which shall be an original, but all of which
shall be deemed to constitute one instrument. The delivery of an executed counterpart of this Agreement by electronic means, including
by facsimile or by "pdf" attachment to email, shall be deemed to be valid delivery thereof binding upon all the parties
hereto.

 

(j)
 All section titles or captions contained in this Agreement, in any exhibit referred to herein or in any exhibit annexed hereto
are for convenience only, shall not be deemed a part of this Agreement and shall not affect the meaning or interpretation of this
Agreement.

 

(k)
This Agreement shall be construed to effectuate the mutual intent of the Parties. The Parties and their counsel have cooperated
in the drafting and preparation of this Agreement, and this Agreement therefore shall not be construed against any Party by virtue
of its role as the drafter thereof. No drafts of this Agreement shall be offered by any Party, nor shall any draft be admissible
in any proceeding, to explain or construe this Agreement. Each Party hereto acknowledges and agrees that it has received or has
had the opportunity to receive independent legal counsel of his/its own choice and that he/it has been sufficiently apprised of
its rights and responsibilities with regard to the substance of this Agreement.

 

(l)
If any provision of this Release is held to be illegal, invalid or unenforceable under present or future laws, such provision
shall be fully severable. In lieu thereof, there shall be added a provision as similar in terms to such illegal, invalid or unenforceable
provision as may be possible.

 

(m)
This Release shall become effective immediately upon the full execution and delivery hereof by the Parties.

 

(n)
Each Party shall cooperate with the other and execute such instruments or documents and take such other actions as may reasonably
be requested from time to time in order to carry out, evidence or confirm their rights or obligations or as may be reasonably
necessary or helpful to give effect to this Agreement, including without limitation, with regard to Smack, as soon as reasonably
practicable, removing any references to Sigler as a Director of Smack on the Company’s website and any documents to be delivered
in the future in electronic format.

 

[signature
page to follow]

 

    	7-15 Sigler-Smack Release	Page 5

    	 

    

 

IN
WITNESS WHEREOF, each of the undersigned has caused this Release to be duly executed and delivered as of the Effective Date.

 

	 	SMACK SPORTSWEAR, INC.
	 	 	 
	 	By:	/s/
    Doug Samuelson
	 	 	Name: Doug Samuelson
	 	 	Title: Interim Chief Executive Officer
	 	 	and Chief Financial Officer
	 	 	 
	 	 	/s/
    William Sigler
	 	 	William Sigler

 

 

	7-15 Sigler-Smack Release	Page 6Exhibit
10.3

 

STOCK
PURCHASE AGREEMENT

 

This
Stock Purchase Agreement (this “Agreement”) made this 27th day of July, 2015 (the “Effective Date”),
by and between William Sigler (the “Seller”) and _____________________________, as representative for a syndicate
of buyers (the “Buyer”).

 

WHEREAS,
pursuant to the terms and conditions of this Agreement, Buyer desires to purchase from the Seller, and the Seller desires to sell
to the Buyer, an aggregate of 6,824,336 shares (the “Shares”) of common stock (the “Common Stock”)
of Smack Sportswear, Inc., a Nevada corporation (the "Company").

  

NOW,
THEREFORE, in consideration of the promises and the mutual covenants, representations and warranties contained herein, the parties
hereto do hereby agree as follows:

 

1. SALE
OF SHARES. Subject to the terms and conditions of this Agreement, the Seller shall sell, assign, transfer, convey and deliver
to Buyer, and Buyer shall purchase and acquire from the Seller, good and marketable title to the Shares, free and clear of all
mortgages, liens, encumbrances, claims, equities and obligations to other persons of every kind and character, except that the
Shares are “restricted securities” as defined in the Securities Act of 1933, as amended (the “Securities
Act”).

 

The
aggregate purchase price for the Shares shall be $90,000, payable to the Seller (the “Purchase Price”) in four
(4) equal cash payment installment payments as set forth below in Section 2.

 

2. MANNER
OF PAYMENT FOR SHARES

 

Unless
otherwise agreed to in writing, Buyer shall purchase the Shares through four equal installment payments of $22,500 each (“Installment
Payment”), according to the following payment schedule (each such date, as set forth below, the “Installment
Payment Due Date” and each such purchase by Buyer of exactly 1,706,084 Shares, an “Installment Purchase”)
and pursuant to the Payment/Certificate Delivery Procedure (as further described below): (i) Installment Payment no. 1 shall be
made on or before August 30, 2015; (ii) Installment Payment no. 2 shall be made on or before October 1, 2015; (iii) Installment
Payment no. 3 shall be made on or before January 2, 2016; and (iv) Installment Payment no. 4 shall be made on or before April
1, 2016. Each Installment Payment and applicable stock certificate representing exactly 1,706,084 Shares, signature medallion
guaranteed, containing an endorsement by Seller to Buyer and/or a duly executed stock power (the “Purchased Stock Certificate”)
shall be made according to the following procedure.

 

On
or before the applicable Installment Payment Date, the Buyer shall transmit the applicable Installment Payment to the David Lubin
& Associates, PLLC Master Escrow Account (“Lubin Escrow"), Bank of America, 300 Broadhollow Road,
Melville, NY 11747, Phone: 800-285-5245, ABA: 026009593, SWIFT: BOFAUS3N, ACH: 021000322, Master Escrow Account: 483031048535,
Account name: David Lubin & Associates Master Escrow Account, f/b/o Smack Sportswear. Upon receipt of each Installment Payment,
Lubin Escrow shall notify Seller’s attorney, Law Office of Brandon S. Chabner, A Professional Corporation, c/o Brandon S.
Chabner, Esq. (“Chabner Law”) that the Installment Payment is available for closing of the purchase and sale
of the Purchased Stock Certificate representing the Installment Payment.

 

    	 

    	 

    

 

Within
five business days of such notification, Chabner Law shall send the Purchased Stock Certificate as instructed by Lubin Escrow.
Lubin Escrow may request any additional written representations, certifications and documents in his reasonable discretion before
releasing any Installment Payment. Upon receipt by Lubin Escrow, or upon receipt by such third party as designated by Lubin Escrow
in its transmittal instructions to Chabner Law, of the Purchased Stock Certificate, Lubin Escrow shall send via wire transfer
or by certified check to the attorney client trust account of Chabner Law, as further set forth below:

 

If
by wire:

 

Bank
Name – Chase Bank (Hermosa Beach, CA branch) 

Bank
Address – 1223 Hermosa Ave., Hermosa Beach, CA 90254 

ABA
Routing -- 322271627 

Account
Name -- MVP Sports 

Account
Number – 261983690 

Memo
– for the benefit of William Sigler 

  

If
by mail:

 

William
Sigler 

c/o
Law Offices of Brandon S. Chabner, A Professional Corporation 

Attn:
Brandon S. Chabner, Esq. 

1601
Pacific Coast Highway, #290 

Hermosa
Beach, CA 90254

 

In
the event that the applicable Purchased Stock Certificate has not been received, Lubin Escrow shall inform Chabner Law of said
circumstance, whereupon Seller shall have five (5) additional business days to cure said non-delivery by delivering said Purchased
Stock Certificate to Lubin Escrow (the “Cure Period”); provided, however, in the event that no such cure of
non-delivery occurs, no later than five (5) business days subsequent to the expiration of the Cure Period, Lubin Escrow shall
return the funds to the Buyer. In the event that cure of non-delivery does occur within the Cure Period, Lubin Escrow shall then
release the Installment Payment as provided above.

 

    	7-15 Sigler SPA	Page 2

    	 

    

 

The
parties hereto understand and agree that: (i) for purposes of this Section 2, an Installment Payment shall not be deemed to have
been received into Lubin Escrow escrow trust account in connection with a payment until applicable funds have been cleared through
the trust account bank and are available for further distribution to Chabner Law; (ii) in the event that Chabner Law does not
receive an Installment Payment by the date that is no later than five (5) business days subsequent to the date that the Purchased
Stock Certificate was received, either Seller or Buyer shall then have the right to terminate this Agreement upon providing written
notice of said termination to the other party, whereupon Seller shall have no further obligation to sell any remaining, unsold
portion of the Shares to the Buyer and Buyer shall have no further obligation to purchase any remaining, unsold portion of the
Shares from the Seller. Nothing herein shall limit either party’s right to pursue actual damages, and either shall have
the right to pursue all remedies available to it hereunder, at law or in equity including, without limitation, a decree of specific
performance and/or injunctive relief; provided, however, that notwithstanding any other provisions of this Agreement, the parties
understand and agree that under no circumstances shall Seller be deemed to be in breach of this Agreement in the event that the
Company or the Company’s transfer agent has not reasonably cooperated with Seller with regard to providing Seller with any
documentation relating to a Purchased Stock Certificate (e.g., providing Seller with four Company stock certificates in the amount
of 1,706,084 Shares each, to replace Seller’s existing stock certificate in the amount of 6,824,336 Shares)

 

3.
 REPRESENTATIONS AND WARRANTIES OF THE SELLER 

 

The
Seller represents, warrants and covenants to and with Buyer, both as of the date of this Agreement and as of the applicable date
of each Installment Purchase by Buyer, as an inducement to Buyer to enter into this Agreement and to consummate the transactions
contemplated hereby as follows:

 

3.1 Authorization
of Agreement. The Seller is fully able, authorized and empowered to execute and deliver this Agreement and any other agreement
or instrument contemplated by this Agreement and to perform his covenants and agreements hereunder and thereunder. This Agreement
and any such other agreement or instrument, upon execution and delivery by the Seller (and assuming due execution and delivery
hereof and thereof by the other parties hereto and thereto), will constitute a valid and legally binding obligation of the Seller,
in each case enforceable against him in accordance with its terms.

 

3.2 Ownership
of the Shares. The Seller is the record and beneficial owner of the Shares. The Seller holds the Shares free and clear
of any lien, pledge, encumbrance, charge, security interest, claim or right of another, other than as provided in the Securities
Act of 1933, as amended (the “Securities Act”). Under the Securities Act and the rules and regulations promulgated
thereunder, the Shares are “restricted securities”, and Seller is as of the date hereof an “affiliate”
of the Company. There are no stockholder agreements, proxies, rights of third parties, options, warrants, debentures, notes, rights
to subscribe for, puts, calls, rights of first refusal, agreements, understandings, claims or other commitments or rights of any
character whatsoever relating to, or securities or rights convertible into or exchangeable for any of the Shares. The Seller has
the absolute right to sell and transfer the Shares to the Buyer as provided in this Agreement without the consent of any other
person or entity. Upon transfer of the Shares to Buyer hereunder, Buyer will acquire good and marketable title to the Shares free
and clear of any lien, pledge, encumbrance, charge, security interest, claim or right of another, other than applicable securities
laws.

 

    	7-15 Sigler SPA	Page 3

    	 

    

 

3.3 No
Breach. Neither the execution and delivery of this Agreement nor compliance by the Seller with any of the provisions hereof
nor the consummation of the transactions and actions contemplated hereby will:

 

(a) violate
or, alone or with notice of the passage of time, result in the breach or termination of, or otherwise give any contracting party
the right to terminate, or declare a default under, the terms of any agreement or other document or undertaking, oral or written
to which the Seller is a party or by which he or any of his properties or assets may be bound;

 

(b) result
in the creation of any lien, security interest, charge or encumbrance upon any of the properties or assets of the Seller;

 

(c) violate
any statute, ordinance, regulation judgment, order, injunction, decree or award of any court or governmental or quasi governmental
agency against, or binding upon the Seller or upon any of his properties or assets; or

 

(d) violate
any law or regulation of any jurisdiction relating to the Seller or any of his assets or properties.

 

3.4 Obligations;
Authorizations. The Seller is not (i) in violation of any judgment, order, injunction, award or decree which is binding
on him or any of his assets, properties, operations or business; or (ii) in violation of any law or regulation or any other requirement
of any governmental body, court or arbitrator relating to him or to his assets, operations or businesses.

 

3.5 Consents.
There are no consents necessary or required from any third parties, including, but not limited to, governmental or other regulatory
agencies, federal, state or municipal, required to be received by or on the part of the Seller for the execution and delivery
of this Agreement and the performance of his obligations hereunder.

 

4. REPRESENTATIONS
AND WARRANTIES OF BUYER

 

Buyer
represents and warrants to the Seller, both as of the date of this Agreement and as of the applicable date of each Installment
Purchase by Buyer, as an inducement to Buyer to enter into this Agreement and to consummate the transactions contemplated hereby
as follows:

 

4.1 Authorization
of Agreement. The Buyer is fully able, authorized and empowered to execute and deliver this Agreement, and any other agreement
or instrument contemplated by this Agreement, and to perform his obligations contemplated hereby and thereby. This Agreement and
any such other agreement or instrument, upon execution and delivery by Buyer (and assuming due execution and delivery hereof and
thereof by the other parties hereto and thereto), will constitute the legal, valid and binding obligation of each of the Buyer,
in each case enforceable against him in accordance with its terms, except as such enforceability may be limited by applicable
bankruptcy, insolvency, moratorium, reorganization or similar laws from time to time in effect which affect creditors' rights
generally and by legal and equitable limitations on the availability of specific performance and other equitable remedies against
the Buyer under or by virtue of this Agreement or such other agreement or instrument.

 

    	7-15 Sigler SPA	Page 4

    	 

    

 

4.2 No
Buyer Defaults. Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated
hereby, will (i) violate, conflict with or result in the breach or termination of, or otherwise give any other contracting party
the right to terminate, or constitute a default under the terms of, any mortgage, bond, indenture or material agreement to which
the Buyer is a party or by which the Buyer or his property or assets may be bound or materially affected, (ii) violate any judgment,
order, injunction, decree or award of any court, administrative agency or governmental body against, or binding upon, the Buyer
or upon the property of the Buyer, or (iii) constitute a violation by the Buyer of any applicable law or regulation of any jurisdiction
as such law or regulation relates to Buyer or to the property of the Buyer.

 

 4.3 No
Litigation, Etc. There is no material suit, action, or legal, administrative, arbitration or other proceeding or governmental
investigation pending or, to Buyer's best knowledge, threatened against, materially affecting or which will materially affect,
the property of the Buyer.

 

 4.4 Investment
Intent. The Buyer is acquiring the Shares being purchased pursuant to this Agreement for his own account and for investment
purposes and not with a view to distribution or resale, nor with the intention of selling, transferring or otherwise disposing
of all or any part of the Shares except in compliance with all applicable provisions of the Securities Act, the rules and regulations
promulgated by the SEC thereunder, and applicable state securities laws.

 

4.5 Disclosure
of Information. The Buyer has access to review all the filings made by the Company with the SEC and Buyer has had an opportunity
to discuss the business, management, financial affairs of the Company with the Company and the Seller.

 

4.6 Restricted
Stock. The Buyer understands that the Shares have not been, and will not be, registered under the Securities Act, by reason
of a specific exemption from the registration provisions of the Securities Act which depends upon, among other things, the bona
fide nature of the investment intent and the accuracy of the Buyer’s representations as expressed herein. The Buyer understands
that the Shares constitute “restricted securities” under applicable U.S. federal and state securities laws and that,
pursuant to these laws, the Buyer must hold the Shares indefinitely unless they are registered with the SEC and qualified
by state authorities, or an exemption from such registration and qualification requirements is available. Buyer understands that
Seller as of the date hereof is an “affiliate” under applicable U.S. federal securities laws. Buyer further agrees
and acknowledges that it will need to obtain a legal opinion from counsel in order to remove the restrictive legend from the stock
certificate representing the Shares and any other information or documentation requested by the Company and/or its transfer agent.

 

4.7 Legend.
The Buyer understands that all certificates representing securities of the Company received by him pursuant to this Agreement
shall bear the following legend, or one substantially similar thereto:

 

“The
securities represented by this certificate have not been registered under the Securities Act of 1933. The shares have been acquired
for investment and may not be sold, transferred or assigned in the absence of an effective registration statement for those shares
under the Securities Act of 1933, as amended, or an opinion satisfactory to the Company's counsel that registration is not required
under said Act.”

 

    	7-15 Sigler SPA	Page 5

    	 

    

 

 4.8 Consents.
There are no consents necessary or required from any third parties, including, but not limited to, governmental or other regulatory
agencies, federal, state or municipal, required to be received by or on the part of the Buyer for the execution and delivery of
this Agreement and the performance of its obligations hereunder.

 

5. ADDITIONAL
COVENANTS OF THE PARTIES

 

5.1 Brokers.
Each of the Seller on the one hand, and the Buyer on the other hand represent and warrant to the other that neither has
employed any broker, finder or similar agent and no person or entity with which each has had any dealings or communications of
any kind is entitled to any brokerage, finder's or placement fee or any similar compensation in connection with this Agreement
or the transactions contemplated hereby.

 

5.2 Expenses.
Each of the parties hereto agrees to bear its own expenses in connection with the negotiation, preparation, execution
and delivery of this Agreement and the consummation of the transaction contemplated hereby.

 

5.3 Further
Assurances. Each of the parties shall execute such documents or other papers and take such further actions as may be reasonably
required or desirable to carry out the provisions hereof and the transactions contemplated in this Agreement.

 

6.
NATURE AND SURVIVAL OF REPRESENTATIONS AND WARRANTIES

 

6.1 Nature
of Statements. All statements contained in any exhibit, certificate or other instruments delivered by or on behalf of
any party hereto pursuant to this Agreement, shall be deemed representations and warranties by such party.

 

6.2 Survival
of Representations and Warranties. Regardless of any investigation at any time made by or on behalf of any party hereto
or of any information any party may have in respect thereof, all covenants, agreements, representations and warranties made hereunder
or pursuant hereto or in connection with the transaction contemplated hereby shall survive the sooner to occur of the termination
of this Agreement or date upon which all of the Shares have been sold to Buyer.

 

7. CONDITIONS
PRECEDENT TO THE OBLIGATIONS OF THE BUYER

 

The
obligations of the Buyer to effectuate each Installment Purchase pursuant to this Agreement is subject to the fulfillment, prior
to the date of each applicable Installment Purchase, of each of the following conditions (any one or more of which may be waived
by the Buyer unless such condition is a requirement of law).

 

7.1 Representations
and Warranties. All representations and warranties of the Seller contained in this Agreement and in any written statement,
exhibit or other documents delivered pursuant hereto or in connection with the transactions contemplated hereby shall be true
and correct in all material respects as of the Effective Date and as of the applicable Installment Purchase Date.

 

    	7-15 Sigler SPA	Page 6

    	 

    

 

7.2 Covenants.
The Seller shall have performed and complied in all material respects with all covenants and other agreements required
by (or contained in) this Agreement to be performed or complied with or by them prior to or at the applicable Installment Purchase
Date.

 

7.3 No
Actions. No action, suit, proceeding or investigation shall have been instituted against the Seller, and be continuing
before a court or before or by a governmental body or agency, and be unresolved, to restrain or to prevent or to obtain damages
in respect of, the carrying out of the transactions contemplated hereby or which might materially and adversely affect the rights
of the Buyer to consummate the transactions contemplated hereby.

 

7.4 Approvals.
The Seller shall have obtained all approvals and consents to consummate this Agreement and the transactions to be consummated
at or immediately following the applicable Installment Purchase Date, in accordance with all applicable laws, rules and regulations.

 

7.5 Due
Diligence. The Buyer shall have completed to its sole satisfaction its due diligence of the Seller and all other items
it deems reasonably necessary and/or advisable, and shall be satisfied with the results thereof.

 

8.
CONDITIONS PRECEDENT TO THE OBLIGATION TO THE SELLER TO CLOSE

 

The
obligations of the Seller to effectuate each Installment Purchase pursuant to this Agreement is subject to the fulfillment, prior
to the date of each applicable Installment Purchase, of each of the following conditions (any one or more of which may be waived
by the Seller unless such condition is a requirement of law).

 

8.1 Representations
and Warranties. All representations and warranties of the Buyer contained in this Agreement and in any written statement,
exhibit or other documents delivered pursuant hereto or in connection with the transactions contemplated hereby shall be true
and correct in all material respects as of the Effective Date and as of the applicable Installment Purchase Date.

 

8.2 Covenants.
The Buyer shall have performed and complied in all material respects with all covenants and other agreements required
by (or contained in) this Agreement to be performed or complied with by him prior to or at the applicable Installment Purchase
Date.

 

8.3 No
Actions. No action, suit, proceeding or investigation shall have been instituted against the Buyer, and be continuing
before a court or before or by a governmental body or agency, and be unresolved, to restrain or to prevent or to obtain damages
in respect of, the carrying out of the transactions contemplated hereby, or which might materially and adversely affect the rights
of the Seller to consummate the transactions contemplated hereby.

 

8.4 Approvals.
Buyer shall have obtained all approvals and consents to consummate this Agreement and the transactions to be consummated
at or immediately following the applicable Installment Purchase Date, in accordance with all applicable laws, rules and regulations.

 

    	7-15 Sigler SPA	Page 7

    	 

    

 

9.
INDEMNIFICATION BY THE SELLER

 

The
Seller shall indemnify and hold the Buyer harmless from and against any loss, damage or expense (including without limitation
reasonable attorneys' fees and expenses) caused by or arising out of (i) any breach or default in the performance by the Seller
of any covenant or agreement of the Seller contained in this Agreement, (ii) any breach of warranty or inaccurate or erroneous
representation made by the Seller herein or in any exhibit, certificate or other instrument delivered by or on behalf of the Seller
pursuant hereto, and (iii) any and all actions, suits, proceedings, claims, demands, judgments, costs and expenses (including
reasonable legal and accounting fees) incident to any of the foregoing.

 

10. INDEMNIFICATION
BY BUYER

 

The
Buyer shall indemnify and hold harmless the Seller from and against all loss, damage or expense (including reasonable attorneys'
fees) caused by or arising out of (i) any breach or default in the performance by the Buyer of any covenant or agreement of the
Buyer contained in this Agreement, (ii) any breach of warranty or inaccurate or erroneous representation made by the Buyer herein
or in any certificate or other instrument delivered by or on behalf of the Buyer pursuant hereto and (iii) any and all actions,
suits, proceedings, claims, demands, judgments, costs and expenses (including reasonable legal and accounting fees) incident to
the foregoing.

 

11. NOTICE
AND OPPORTUNITY TO DEFEND

 

Promptly
after the receipt by Buyer and/or the Seller of notice of any action, proceeding, claim or potential claim (any of which is hereinafter
individually referred to as a “Circumstance”) which could give rise to a right to indemnification under this
Agreement, such party (the “Indemnified Party”) shall give prompt written notice to the party or parties who
may become obligated to provide indemnification hereunder (the “Indemnifying Party”). Such notice shall specify
in reasonable detail the basis and amount, if ascertainable, of any claim that would be based upon the Circumstance. The failure
to give such notice promptly shall relieve the Indemnifying Party of its indemnification obligations under this Agreement, unless
the Indemnified Party establishes that the Indemnifying Party either had knowledge of the Circumstance or was not prejudiced by
the failure to give notice of the Circumstance. The Indemnifying Party shall have the right, at its option, to compromise or defend
the claim, at its own expense and by its own counsel, and otherwise control any such matter involving the asserted liability of
the Indemnified Party, provided that any such compromise or control shall be subject to obtaining the prior written consent of
the Indemnified Party which shall not be unreasonably withheld. An Indemnifying Party shall not be liable for any costs of settlement
incurred without the written consent of the Indemnifying Party. If any Indemnifying Party undertakes to compromise or defend any
asserted liability, it shall promptly notify the Indemnified Party of its intention to do so, and the Indemnified Party agrees
to cooperate fully with the Indemnifying Party and its counsel in the compromise of or defense against any such asserted liability.
All costs and expenses incurred in connection with such cooperation shall be borne by the Indemnifying Party, provided such costs
and expenses have been previously approved by the Indemnifying Party. In any event, the Indemnified Party shall have the right
at its own expense to participate in the defense of an asserted liability.

 

    	7-15 Sigler SPA	Page 8

    	 

    

 

12. MISCELLANEOUS

 

12.1
Successors and Assigns. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto
and their respective heirs, successors and assigns. No assignment of this Agreement or of any rights hereunder shall relieve the
assigning party of any of its obligations or liabilities hereunder. Any assignee of this Agreement shall become a party to this
Agreement and will be bound by all the terms hereof.

 

12.2 Notices.
 Except as otherwise expressly provided for in this Agreement, all notices, requests, claims, demands and other communications
given or made pursuant hereto shall be in writing and shall be deemed to have been duly given if delivered in person against written
receipt, by facsimile transmission, by email, overnight courier prepaid, or mailed by prepaid first class registered or certified
mail, postage prepaid, return receipt requested to the respective parties at the following addresses (or at such other address
for a party as shall be specified in a notice given in accordance with this Section): 

 

If
to the Seller, as follows:

 

William
Sigler 

933
6th Street, Unit D 

Hermosa
Beach, CA 90403 

Email:
billsmack1@gmail.com

 

If
to the Buyer, as follows:

 

 ___________________________

 ___________________________

 ___________________________

 ___________________________ 

___________________________

 

If
to Chabner Law, as follows:

 

Brandon
S. Chabner, Esq. 

1601
Pacific Coast Highway, #290 

Hermosa
Beach, CA 90254 

Fax:
310-698-0740

Email:
bchabner@chabnerlaw.com

 

If
to Lubin Escrow, as follows:

 

David
Lubin & Associates, PLLC

108
S. Franklin Avenue, Suite 10

Valley
Stream, NY 11580

Fax:
516-887-8250

Email:
david@dlubinassociates.com

 

    	7-15 Sigler SPA	Page 9

    	 

    

  

All
such notices, requests and other communications will (i) if delivered personally to the address as provided in this Section, be
deemed given upon delivery, (ii) if delivered by facsimile transmission to the facsimile number as provided in this Section, be
deemed given upon receipt, (iii) if delivered by email, to the email address as provided in this Section, be deemed given upon
sending such email, (iv) if delivered by overnight courier to the address as provided in this Section, be deemed given on the
earlier of the first business day following the date sent by such overnight courier or upon receipt, or (v) if delivered by mail
in the manner described above to the address provided in this Section, be deemed given on the earlier of the third business day
following mailing or upon receipt. In order for any such notice to be deemed given as provided above, other than if sent by email,
any such notice must also be accompanied by an email to the recipient. In order for any such notice to be deemed given that is
sent by email as provided above, any such notice must also be accompanied by sending such notice in the mail.

 

12.3
 Waiver; Remedies. The parties shall not be deemed to waive any of their rights or remedies under this Agreement
unless such waiver is in writing and signed by the party to be bound. No delay on the part of any of the Seller or Buyer in exercising
any right, power or privilege hereunder shall operate as a waiver thereof, nor shall any waiver on the part of the Seller or Buyer
of any right, power or privilege hereunder operate as a waiver of any other right, power or privilege hereunder, nor shall any
single or partial exercise of any right, power or privilege hereunder preclude any other or further exercise of any other right,
power or privilege hereunder. The rights and remedies herein provided are cumulative and are not exclusive of any rights or remedies
which the parties hereto may otherwise have at law or in equity.

 

12.4 Entire
Agreement. This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof
and supersedes all prior agreements or understandings (in writing, oral or otherwise) of the parties relating thereto. No course
of dealing, course of performance or trade usage, and no parol evidence of any nature, shall be used to supplement or modify any
terms of this Agreement.

 

12.5
 Amendment. This Agreement may be modified or amended only by written agreement of the parties hereto.

 

12.6
 Counterparts. This Agreement may be executed in multiple counterparts and by facsimile each of which shall be
an original, but all of which shall be deemed to constitute one instrument. The delivery of an executed counterpart of this Agreement
by electronic means, including by facsimile or by "pdf" attachment to email, shall be deemed to be valid delivery thereof
binding upon all the parties hereto.

 

    	7-15 Sigler SPA	Page 10

    	 

    

 

12.7
Governing Law. This Agreement shall be governed by and construed exclusively in accordance with the internal laws
of the State of Nevada without regard to the conflicts of laws principles thereof. The parties hereto hereby expressly and irrevocably
agree that any suit or proceeding arising directly and/or indirectly pursuant to, arising out of or under this Agreement, shall
be brought solely and exclusively in the federal or state court selected by the party prosecuting, filing or otherwise commencing
said suit or proceeding (the “Chosen Venue”). By its execution hereof, the parties hereby expressly covenant and irrevocably
submit to the in personam jurisdiction of the Chosen Venue and agree that any process in any such action may be served
upon any of them personally, or by certified mail or registered mail upon them or their agent, return receipt requested, with
the same full force and effect as if personally served upon them in the Chosen Venue. The parties hereto expressly and irrevocably
waive any claim that any such jurisdiction is not a convenient forum for any such suit or proceeding and any defense or lack of
in personam jurisdiction with respect thereto. In the event of any such action or proceeding, the party prevailing therein
shall be entitled to payment from the other party hereto of its reasonable counsel fees and related costs and/or disbursements
in an amount judicially determined.

 

12.8
 Captions. All section titles or captions contained in this Agreement, in any exhibit referred to herein or in
any exhibit annexed hereto are for convenience only, shall not be deemed a part of this Agreement and shall not affect the meaning
or interpretation of this Agreement.

 

12.9
 Independent Counsel. This Agreement shall be construed to effectuate the mutual intent of the parties. The parties
and their counsel have cooperated in the drafting and preparation of this Agreement, and this Agreement therefore shall not be
construed against any party by virtue of its role as the drafter thereof. No drafts of this Agreement shall be offered by any
party, nor shall any draft be admissible in any proceeding, to explain or construe this Agreement. Each party hereto acknowledges
and agrees that it has received or has had the opportunity to receive independent legal counsel of its own choice and that it
has been sufficiently apprised of its rights and responsibilities with regard to the substance of this Agreement.

 

Each
party further agrees and acknowledges that Lubin Escrow is counsel to the Company and is not acting as legal counsel to either
Seller or Buyer. Lubin Escrow shall be permitted to act as counsel for the Company in any dispute as to the disposition of the
Shares or in any other dispute between the Seller, Buyer and/or the Company, whether or not Lubin Escrow is then acting as escrow
agent hereunder.

 

12.10
Severability. Should any part, term or provision of this Agreement be declared or be determined by any court to
be illegal or invalid, the validity of the remaining parts, terms or provisions, shall not be affected thereby and said illegal
or invalid part, term or provision shall be modified by the court so as to be legal or, if not reasonably feasible, shall be deleted.

 

12.11 This
Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective heirs, successors and
assigns and affiliates. No assignment of this Agreement or of any rights hereunder shall relieve the assigning party of any of
its obligations or liabilities hereunder.

 

    	7-15 Sigler SPA	Page 11

    	 

    

 

12.12
 Each party shall cooperate with the other and execute such instruments or documents and take such other actions as may reasonably
be requested from time to time in order to carry out, evidence or confirm their rights or obligations or as may be reasonably
necessary or helpful to give effect to this Agreement.

 

 13. Provisions
Relating to Lubin Escrow

 

13.1 Duties
and Responsibilities of the Escrow Agent. Lubin Escrow’s duties and responsibilities shall be subject to the following
terms and conditions:

 

 (a) The
Seller and Buyer each acknowledge and agree that Lubin Escrow (i) shall not be responsible for or bound by, and shall not be required
to inquire into whether either party is entitled to receipt of the Installment Payment or Shares, as the case may be, pursuant
to any other agreement or otherwise; (ii) shall be obligated only for the performance of such duties as are specifically assumed
by Lubin Escrow pursuant to this Agreement; (iii) may rely on and shall be protected in acting or refraining from acting upon
any written notice, instruction, instrument, statement, request or document furnished to it hereunder and believed by Lubin Escrow
in good faith to be genuine and to have been signed or presented by the proper person or party, without being required to determine
the authenticity or correctness of any fact stated therein or the propriety or validity or the service thereof; (iv) may assume
that any person believed by Lubin Escrow in good faith to be authorized to give notice or make any statement or execute any document
in connection with the provisions hereof is so authorized; (v) shall not be under any duty to give the property held by Lubin
Escrow hereunder any greater degree of care than Lubin Escrow gives its own similar property; and (vi) may consult counsel satisfactory
to Lubin Escrow, the opinion of such counsel to be full and complete authorization and protection in respect of any action taken,
suffered or omitted by Lubin Escrow hereunder in good faith and in accordance with the opinion of such counsel.

 

(b) The
Seller and Buyer acknowledge that Lubin Escrow is acting solely as a stakeholder at their request and that Lubin Escrow shall
not be liable for any action taken by Lubin Escrow in good faith and believed by Lubin Escrow to be authorized or within the rights
or powers conferred upon Lubin Escrow by this Agreement. The Seller and Buyer, jointly and severally, agree to indemnify and hold
harmless the Lubin Escrow and any of Lubin Escrow’s partners, employees, agents and representatives for any action taken
or omitted to be taken by Lubin Escrow or any of them hereunder, including the fees of outside counsel and other costs and expenses
of defending itself against any claim or liability under this Agreement, except in the case of gross negligence or willful misconduct
on Lubin Escrow’s part committed in its capacity as Lubin Escrow under this Agreement. Lubin Escrow shall owe a duty only
to the Seller and Buyer under this Agreement and to no other person.

 

 (c) The
Seller and Buyer jointly and severally agree to reimburse Lubin Escrow for reasonable outside counsel fees, to the extent authorized
hereunder and reasonably incurred in connection with the performance of its duties and responsibilities hereunder.

 

    	7-15 Sigler SPA	Page 12

    	 

    

 

  13.2 Resignation
of Lubin Escrow. Lubin Escrow may at any time resign as escrow agent hereunder by giving five (5) days prior written notice
of resignation to the Buyer and Seller. Prior to the effective date of the resignation as specified in such notice, the Buyer
and Seller will issue to Lubin Escrow a joint instruction authorizing delivery of any funds then currently held by Lubin Escrow
to the designated new escrow agent selected by the Buyer and Seller. If no successor escrow agent is named by the Buyer and Seller,
then Lubin Escrow may apply to a court of competent jurisdiction in the State of New York for appointment of a successor escrow
agent, and to deposit any funds then held in escrow with the clerk of any such court.

 

  13.3 The
Shares. Until the Shares are sent by Chabner Law in accordance with the terms of this Agreement, the Seller shall possess
and maintain all right, title and interest to the Shares. Lubin Escrow does not have and will not have any interest in the Company
or the Shares, but is serving only as escrow agent at the specific request of Buyer and Seller.

 

  13.4 Dispute
Resolution: Judgments. Notwithstanding Section 12.7 of this Agreement to the contrary, resolution of disputes arising
under this Agreement concerning Lubin Escrow shall be subject to the following terms and conditions:

 

 (a) If
any dispute shall arise with respect to the delivery, ownership, right of possession or disposition of the Shares or payment therefor,
or if Lubin Escrow shall in good faith be uncertain as to its duties or rights hereunder, Lubin Escrow shall be authorized, without
liability to anyone, to (i) refrain from taking any action other than to continue to hold the Installment Payment pending receipt
of a joint instruction from the Buyer and Seller, or (ii) deposit the Installment Payment with any court of competent jurisdiction
in the State of New York, in which event Lubin Escrow shall give written notice thereof to the Buyer and Seller and shall thereupon
be relieved and discharged from all further obligations pursuant to this Agreement. Lubin Escrow may, but shall be under no duty
to, institute or defend any legal proceedings which relate to this Agreement or the transactions contemplated hereby. Lubin Escrow
shall have the right to retain counsel if it becomes involved in any disagreement, dispute or litigation on account of this Agreement
or otherwise determines that it is necessary to consult counsel.

 

 (b) Lubin
Escrow is hereby expressly authorized to comply with and obey any court order. In case Lubin Escrow obeys or complies with a court
order, Lubin Escrow shall not be liable to the Buyer and Seller or to any other person, firm, corporation or entity by reason
of such compliance.

 

13.5 Bank
Fees. Each of Buyer and Seller agree to be responsible for the payment of any applicable wire fees charged by their respective
banks, and with regard to any wire fees to be charged by Lubin Escrow’s bank the parties agree that that Buyer shall pay
for all incoming wire fees and Seller shall pay for all outgoing wire fees relating to Lubin Escrow’s bank account. Such
payment shall be made by the deduction of the applicable amount of the fee from the wire being sent from or received into said
account. 

 

Remainder
of Page Intentionally Omitted; Signature Page to Follow

 

    	7-15 Sigler SPA	Page 13

    	 

    

 

IN
WITNESS WHEREOF, the parties have caused this Stock Purchase Agreement to be duly executed and delivered as of the Effective Date.

 

	 	SELLER:	 
	 	 	 
	 	 
	 	William Sigler
	 	 	 
	 	BUYER:
	 	 	 
	 	By:  	 
	 	Name:	 
	 	Title:	 
	 	 	 
	 	AGREED TO AND ACKNOWLEDGED FOR ONLY FOR PURPOSES OF SECTIONS 2, 12 AND 13 OF THIS AGREEMENT:
	 	 	 
	 	CHABNER LAW:
	 	 	 
	 	By:  	 
	 	Name:	 
	 	Title:	 
	 	 	 
	 	 	 
	 	LUBIN ESCROW:
	 	 	 
	 	David Lubin & Associates, PLLC
	 	 	 
	 	By:  	 
	 	Name:	 
	 	Title:	 

 

 	7-15 Sigler SPA	Page 14

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