Document:

First Columbia Development Corp. - Exhibit 10.1 - Filed by newsfilecorp.com

INTELLECTUAL PROPERTY LICENSE AGREEMENT

            THIS
INTELLECTUAL PROPERTY LICENSE AGREEMENT (this
“Agreement”) is entered into effective as of the 5th
day of August, 2019 (the "Effective Date") between Critical Mass
Industries LLC, a Colorado limited liability company (“Licensee”),
and Good IPCO, a Colorado limited liability (“Licensor”),
sometimes hereinafter referred to singularly as a “Party,” and
collectively as the “Parties.”

            WHEREAS,
Licensor is the rightful license owner of certain intellectual property
and rights pertaining to the BOSM Labs and Good Meds brands, company know-how
and other products (as more fully defined below, the “IP”);
and

            WHEREAS,
Licensor desires to grant to Licensee, and Licensee desires to obtain from
Licensor, a revocable, non-transferable, non-exclusive, limited license to use
the IP within the state of Colorado, subject to the terms and conditions of this
Agreement. 

            NOW,
THEREFORE, in consideration of the mutual promises, covenants and
undertakings cited herein, and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the Parties agree as
follows:

ARTICLE I
DEFINITIONS

            1.1       
“IP” means (i) all patents, trade names, copyrights, design
rights, trade secrets, trademarks, word marks, service marks, design marks,
certification marks, know-how, unique and innovative uses of an existing
invention and marks or other designations of origin, whether or not protected by
patent, copyright, trademark, trade secrets or similar law, and all other
intellectual property rights and marks owned, held, controlled or otherwise
utilized with permission by Licensor pertaining to the BOSM Labs and Good Meds
brands, the BOSM Labs and Good Meds internet addresses, company standard
operating procedures, company enterprise resource planning system and company
intranet exclusively within the Licensed Territory, regardless of whether such
marks are registered with any state or federal agency, (ii) all intellectual
property and rights pertaining to the BOSM Labs and Good Meds brands exclusively
within the Licensed Territory with respect to names, branding, logos and
websites, and (iii) all other intellectual property, proprietary, and attendant
rights associated therewith.

            1.2       
“Licensed Territory” means the entire State of Colorado. 

ARTICLE II
GRANT OF LICENSE; TERMS OF USE; EARLY
TERMINATION

            2.1.       
Grant. Subject to the terms and conditions set forth in this Agreement,
Licensor hereby grants to Licensee a revocable, non-transferable, non-exclusive,
limited license to use the IP in connection with Licensee’s business activities
exclusively within the Licensed Territory (hereinafter, the
“License”). The parties agree that all or part of the IP may be
licensed to one or more additional persons or entities by Licensor without any
notice to or permission of Licensee, and that Licensee shall have no recourse in
any such event.

            2.2       
Terms of Use. Licensee is permitted to use the IP only in connection with
its business operations exclusively within the Licensed Territory. The License
shall be immediately revoked if Licensee utilizes or attempts to utilize any of
the IP in connection with any business dealings outside the scope of this
Agreement or outside the Licensed Territory. The License commences on the
Effective Date, and expires five (5) years thereafter unless (i) this Agreement
is terminated earlier in accordance with Section 2.4 or 10.2 or (ii) the Parties
sign a separate written agreement to extend the duration of the License. In the
event of the termination or expiration of this Agreement, all rights granted
hereunder to Licensee shall terminate. Licensee shall strictly comply with all
standards of use for the IP established by the Licensor and shall at all times
display appropriate trademark and copyright notices as instructed by Licensor.
If requested by Licensor, product packaging, media advertising, printed
materials and electronic documents in which the IP is used shall be submitted to
Licensor for approval before use and may not be distributed or used in any
manner without the prior written approval of Licensor. During the term of this
Agreement and thereafter, Licensee shall not do anything that will in any manner
infringe, impeach, dilute or lessen the value of any of the IP or the goodwill
associated therewith, or that will tend to prejudice the reputation of the
Licensor or the sale of any products incorporating, or produced using, the IP.
Licensee agrees to assist and cooperate with Licensor in protecting, defending
and registering the IP. Licensee will immediately notify Licensor in writing of
any infringement of or challenges to the IP which come to Licensee's attention.

            2.3.       
Ownership of IP. Nothing contained herein shall be construed as an
assignment or grant to Licensee of any title or ownership interest in or to the
IP, and the Parties agree that the IP is the sole and exclusive property of the
Licensor. Licensee shall not acquire any right, title or interest in any of the
IP and Licensee hereby irrevocably assigns and transfers to Licensor any right,
title and interest that it may acquire in any of the IP as a result of the
exercise of its rights under this Agreement. All advertising, artwork, designs
and derivative works involving the IP, or any reproduction thereof, shall,
notwithstanding their invention or use by Licensee, be and remain the property
of Licensor; provided, however that such items shall become part of the IP, and
Licensee shall be entitled to use them to the extent permitted by this
Agreement. 

            2.4
.        Early
Termination.

                          (a)       
With Cause. This Agreement may be immediately terminated for cause by
either Party in the event a material breach hereof by the other Party continues
uncured for a period of thirty (30) days, in the case of a non-monetary breach,
or five (5) days, in the case of a monetary breach, after notice thereof to the
breaching Party. In the event Licensee terminates this Agreement with cause,
Licensee shall be entitled to receive a refund of the any installment of the
License Fee paid to Licensor during the thirty (30) day period following notice
of such breach from Licensee to Licensor. In the event Licensor terminates this
Agreement with cause, Licensee shall pay the full amount of the License Fee due
and owing to Licensor through the date of termination. 

                          (b)       
Without Cause. This Agreement may be terminated without cause by either
Party upon not less than sixty (60) days written notice to the other Party. In
the event either Party terminates this Agreement without cause, there will be no
refund of any License Fees paid to Licensor through the date of termination, and Licensee is
obligated to pay the full amount of the License Fee due and owing to Licensor
through the date of termination. 

2

ARTICLE III
SUBLICENSING

            3.1.       
No Sublicensing without Consent. Licensee is not permitted to sublicense
any of the rights it obtains under the License without the prior written consent
of Licensor.

ARTICLE IV
LICENSE FEE; PAYMENTS

            4.1.       
License Fee. Licensee shall pay Licensor a "License Fee" in
the amount of Two Hundred Fifty Thousand Dollars ($250,000.00) per month. Each
installment of the License Fee shall be payable without setoff or deduction,
without notice or demand, in advance, on or before the first day of each
calendar month during the term of the License. The License Fee for any period
during the term of the License which is for less than one full month shall be
prorated based upon the actual number of days of the month involved. The License
Fee shall be paid at Licensor's address, as set forth below or at such other
address or addresses as Licensor may from time to time designate by written
notice. Any failure of Licensee to pay any installment of the Licensee Fee on or
before the date such installment is due shall be deemed to be a material breach
of this Agreement. 

ARTICLE V
CONFIDENTIALITY

            5.1.       
Confidential Information. The Parties acknowledge that as a result of the
performance of this Agreement, each Party (for purposes of this Article V, the
"Discloser") will have access to and will acquire other
confidential information of the other Party (for purposes of this Article V, the
"Recipient").

                          (a)       
For purposes of this Agreement, the term "Confidential
Information" includes, without limitation, financial information,
client, potential client and contacts lists, methods of doing business,
materials, inventions, discoveries, ideas, processes, know-how, competitive bid
data, prices paid or received for goods or services purchased or sold, price
lists, marketing information, business plans and strategies, product plans,
products, services, developments, processes, designs, drawings, methods,
techniques, trade secrets, all information generated by Discloser that is marked
as "copyright," "trademark," "confidential," "secret," or "registered", any
other data where the information might be used to the detriment of Discloser
and/or its clients or potential clients, branding strategies, logistics,
manufacturing processes, packaging methodologies, all other intangibles
associated with the IP that are not known or readily knowable by the general
public and all notes, analyses, compilations, studies and other documents,
whether prepared by Recipient or others which contain or reflect such
information. Confidential Information does not include information that (A) at
the time of disclosure by Discloser to Recipient, was published or known
publicly or was otherwise in the public domain, (B) after disclosure by
Discloser to Recipient, is published or becomes publicly known or otherwise in
the public domain other than as a result of a breach of this Agreement, or (C)
was disclosed to Recipient in good faith by a third party who was not, and is
not, under any obligation of confidence or secrecy to Discloser, or its clients
or prospective clients at the time of such disclosure. 

3

                          (b)       
Recipient acknowledges that (A) the Confidential Information is the sole
property of Discloser, (B) disclosure thereof to any third party would cause
substantial loss to the goodwill of Discloser, (C) disclosure thereof is being
made by Discloser to Recipient only because of the agreement of Recipient to the
restrictions contained herein, (D) absent such restrictions, the knowledge of
Recipient of these matters would enable Recipient to compete with Discloser in a
manner likely to cause Discloser irreparable harm, and (E) disclosure of such
matters by Recipient would likewise cause such harm. 

            5.2.       
Protection of Confidential Information.

                          (a)       
During the term of this Agreement and thereafter Recipient shall (i) hold the
Confidential Information in strict confidence, (ii) exercise reasonable
precautions to preserve the confidentiality of the Confidential Information with
no less care than Recipient uses to protect and preserve its own confidential
information, (iii) not disclose the Confidential Information to any third party
without Discloser's prior written consent and (iv) not use the Confidential
Information for the benefit of any person other than Discloser. Except as
necessary to perform Recipient's duties and responsibilities under this
Agreement, Recipient shall not copy or duplicate any of the Confidential
Information. In the event that any unauthorized disclosure of any Confidential
Information shall occur as a result of Recipient's actions or inactions,
Recipient shall immediately notify Discloser in writing of the disclosure and
the circumstances surrounding such disclosure. 

                          (b)       
Notwithstanding the foregoing, Discloser acknowledges that Recipient may, in its
ordinary course of business, be required to disclose all or a portion of the
Confidential Information in Recipient's possession to employees, agents, or
independent contractors performing work for Recipient (each a
"Representative"). Recipient agrees that any such disclosure shall
be limited in scope to the extent commercially practicable, and Discloser agrees
that any such disclosure, properly limited in scope and content, shall not
constitute a violation of this provision or breach of this Agreement. Recipient
further agrees that prior to any such disclosure, Recipient shall enter into an
agreement with the Representative which subjects the Representative to
restrictions on use and disclosure of the Confidential Information at least as
stringent as set forth herein. The Parties acknowledge that disclosure of the
Confidential Information as required pursuant to any local, state, or federal
statute, regulation, or other law, or by order of any court of competent
jurisdiction or decree of any governmental agency (but only after Recipient has
provided Discloser with reasonable notice and opportunity to take action against
any legally required disclosure) shall not constitute a breach of this
Agreement. 

            5.3.       
Delivery of Confidential Information to Discloser on Termination.
Recipient shall deliver all of the Confidential Information in Recipient's
possession to Discloser upon the termination of this Agreement, or at any time
upon Discloser's request, together with Recipient's written certification of
compliance with this Section 5.3. 

4

            5.4.       
Protections Cumulative. The Parties agree and acknowledge that the
protections set forth in this Article V shall be cumulative with and not in
place of any protections of Confidential Information set forth in any other
agreement between the Parties. 

ARTICLE VI
REPRESENTATIONS AND
WARRANTIES

            6.1.       
Licensor’s Representations and Warranties to Licensee. Licensor
represents and warrants that (i) Licensor has the full right and authority to
enter into this Agreement and to grant the License, (ii) Licensor is the owner
of the IP, (iii) to the best of Licensor’s knowledge, the License granted
hereunder does not infringe upon or violate the rights of any third parties,
(iv) Licensor has no agreements with any third party or any commitments or
obligations which conflict in any way with its obligations under this Agreement,
(v) no claim by any third party contesting the validity, enforceability, use or
ownership of any of the IP has been made against Licensor or, to the present
knowledge of Licensor, is threatened, and (vi) Licensor has not received any
notice of, nor to the present knowledge of Licensor, are there any facts which
indicate to Licensor a likelihood of any infringement or misappropriation by, or
conflict with, any third party with respect to the IP. 

            6.2.       
Licensee’s Representations and Warranties to Licensor. Licensee
represents and warrants that (i) Licensee has the full right and authority to
enter into this Agreement and to receive the grant of the License, (ii) the
License granted hereunder does not infringe upon or violate the rights of any
third parties, to the best of Licensee’s knowledge, (iii) Licensee has no
agreements with any third party or any commitments or obligations which conflict
in any way with its obligations under this Agreement, and (iv) Licensee has not
received any notice of, nor to the present knowledge of Licensor, are there any
facts which indicate to Licensee a likelihood of any infringement or
misappropriation by, or conflict with, any third party with respect to the IP.

ARTICLE VII
INDEMNIFICATION

            7.1.       
Indemnification of Licensor. Licensee agrees to defend, indemnify and
hold harmless Licensor and its officers, directors, employees, shareholders,
members, managers, agents and representatives from, in respect of, and against
any and all claims, losses and liabilities (including, without limitation,
reasonable attorney’s fees and disbursements), judgments, damages, demands,
lawsuits or similar actions or proceedings brought against or otherwise
negatively impacting Licensor (each, a “Licensor Claim”) arising
out of (i) the breach of any of Licensee’s representations, warranties or
covenants hereunder, or (ii) Licensee's gross negligence or willful misconduct.
Licensor agrees to notify Licensee, within a reasonable time after it receives
notice of any Licensor Claim, and Licensee shall promptly assume Licensor’s
defense thereof, through counsel of Licensor’s choosing. Licensee shall have the
right to participate in the defense of any Licensor Claim that includes Licensee
as a named party, using counsel of its choosing and at its expense. The
settlement of any Licensor Claim must be approved in writing and in advance by
Licensor. 

            7.2.       
Indemnification of Licensee. Licensor agrees to defend, indemnify and
hold harmless Licensee and its officers, directors, employees, shareholders,
members, managers, agents and representatives from, in respect of, and against any and
all claims, losses and liabilities (including, without limitation, reasonable
attorney’s fees and disbursements), judgments, damages, demands, lawsuits or
similar actions or proceedings brought against or otherwise negatively impacting
Licensee (each, a “Licensee Claim”) arising out of (i) the breach
of any of Licensor’s representations, warranties or covenants hereunder, or (ii)
Licensor's gross negligence or willful misconduct. Licensee agrees to notify
Licensor, within a reasonable time after it receives notice of any Licensee
Claim, and Licensor shall promptly assume Licensee’s defense thereof, through
counsel of Licensee’s choosing. Licensor shall have the right to participate in
the defense of any Licensee Claim that includes Licensor as a named party, using
counsel of its choosing and at its expense. The settlement of any Licensee Claim
must be approved in writing and in advance by Licensee. 

5

ARTICLE VIII
DISCLAIMER; LIMITATION OF
LIABILITY

            8.1       
Disclaimer by Licensor. THE IP AND RELATED CONFIDENTIAL INFORMATION ARE
PROVIDED “AS IS.” ANY AND ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, OR ARISING
BY OPERATION OF LAW, ARE HEREBY DISCLAIMED BY LICENSOR, INCLUDING, BUT NOT
LIMITED TO, THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE,
NON-INFRINGEMENT, TITLE, DESIGN, ACCURACY AND PERFORMANCE, AND ANY IMPLIED
WARRANTY AGAINST INTERFERENCE WITH ENJOYMENT. 

            8.2       
Limitation of Liability. IN NO EVENT SHALL EITHER PARTY (INCLUDING EACH
OF ITS AFFILIATES, SUCCESSORS, ASSIGNS, OFFICERS, DIRECTORS, MANAGERS, OWNERS,
LICENSEES, CUSTOMERS AND AGENTS) BE LIABLE TO THE OTHER FOR THE PAYMENT OF ANY
CONSEQUENTIAL, INCIDENTAL OR PUNITIVE DAMAGES, OR LOST PROFITS, BUSINESS OR
REVENUE, EVEN IF THE PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES;
PROVIDED, HOWEVER, THAT THIS SECTION 8.2 DOES NOT LIMIT EITHER PARTY’S INDEMNITY
AND DEFENSE OBLIGATIONS UNDER ARTICLE VII HEREIN. 

ARTICLE IX
ASSIGNMENT; RELATIONSHIP OF
PARTIES

            9.1       
Limitation on Assignment. Neither Party may assign any right or
obligation under this Agreement, other than the right to receive money, to any
person, or entity, other than its parent or subsidiary companies, without the
express written consent of the other Party.

            9.2       
Party Relationship. Nothing herein shall be construed to create a
relationship between Licensee and Licensor in the nature of partnership
profit-sharing, company, joint venture, principal/agent, employment or any other
relationship that might impose liability on either Party for the other Party's
past, present or future debts, liabilities, obligations, acts or omissions. 

6

ARTICLE X
MISCELLANEOUS

            10.1   
Governing Law, Jurisdiction and Venue. This Agreement shall be governed
by and construed in accordance with the laws of the State of Colorado applicable
to contracts to be performed entirely within such state. The District Court for
the City and County of Denver shall have exclusive jurisdiction, including in
personam jurisdiction, and shall be the exclusive venue for any and all
controversies and claims arising out of or relating to this Agreement. 

            10.2   
Bankruptcy. Each Party shall have the right, on five (5) days written
notice to the other, to terminate this Agreement in the event of any of the
following: (i) the other Party files a petition in bankruptcy, or is adjudicated
bankrupt, (ii) a petition in bankruptcy is filed against the other Party and is
not dismissed within sixty (60) days thereof, (iii) the other Party becomes
insolvent, (iv) the other Party makes an assignment for the benefit of
creditors, or files a petition or other relief under or pursuant to any federal
or state bankruptcy, insolvency, or reorganization statute or procedure, or (v)
a custodian, receiver or trustee is appointed for the other Party in any
bankruptcy or related proceeding, and such receivership is not discharged within
sixty (60) days thereafter. 

            10.3   
Entire Agreement. This Agreement is the final integration of the
agreement between the Parties with respect to the matters covered by it and
supersedes any prior understandings or agreements, oral or written, with respect
thereto. 

            10.4   
Modification, Waiver. This Agreement may not be modified or supplemented
except by written instrument signed by the Parties. No action or failure to act
by either Party shall be deemed to be a waiver unless such waiver is expressly
set forth in writing. No waiver of any default or breach of any agreement or
provision herein contained shall be deemed a waiver of any other default or
breach thereof or of any other agreement or provision herein contained.

            10.5   
Severability. If any provision of this Agreement shall be held to be
invalid or unenforceable for any reason: (i) such invalidity or unenforceability
shall not affect any other provision of this Agreement, (ii) the remaining
terms, covenants and conditions hereof shall remain in full force and effect and
(iii) any court of competent jurisdiction may so modify the objectionable
provision as to make it valid and enforceable. 

            10.6   
Headings. Headings of articles, sections and subsections of this Agreement
are inserted for convenience only and shall not be deemed to constitute a part
hereof. 

            10.7  
 External Circumstances. No Party shall be considered in default or
be liable to the other Party for any delay in performance or non-performance
(except with respect to an obligation to pay money) caused by circumstances
beyond the reasonable control of such Party, including but not limited to acts
of God, explosion, fire, flood, war, whether or not declared, accident, labor
strike or labor disturbances, terrorist activities, inability to procure
supplies from third party vendors, sabotage, orders or decrees of any court, or
actions of any government authority. 

            10.8  
 Surviving Obligations. All obligations under this Agreement that
are continuing in nature shall survive the termination or conclusion of this
Agreement. 

7

            10.9   
Rules of Construction. The Parties have had the opportunity to retain
independent legal and financial counsel with respect to the negotiation of this
Agreement. They have independently, separately, and freely negotiated each and
every provision of this Agreement as if all Parties drafted it, and therefore,
waive any statutory or common-law presumption that would serve to have this
document construed in favor of, or against, any Party. 

           
10.10  Mediation. If any dispute, claim or controversy arises out of
or relates to this Agreement or the breach, termination, enforcement,
interpretation or validity thereof, and if such dispute cannot be settled
through negotiation, the Parties agree first to try in good faith to settle the
dispute by mediation under the Commercial Mediation Rules of the American
Arbitration Association before resulting to litigation. Any dispute, claim or
controversy arising out of or relating to this Agreement or the breach,
termination, enforcement, interpretation or validity thereof, that cannot be
resolved by mediation within thirty (30) days may be finally resolved by
litigation. This mediation provision shall not limit a Party from seeking or a
court from granting a temporary restraining order, preliminary injunction or
other injunctive relief with respect to an alleged breach or violation of any
covenant or agreement contained Article V of this Agreement.

            10.11 
Notice. All notices, demands and other communications to be sent by one
Party to the other under this Agreement shall be in writing and shall be deemed
to have been validly made, given, served and received if given or served by
delivery in person to the addressee, or if sent by facsimile during normal
business hours with delivery verification, or three (3) days after deposit in
the United States mail, postage prepaid, registered or certified mail, return
receipt requested, addressed as follows:

	 	If to Licensee: 	Critical Mass, Inc. 
	 	  	866 Navajo Street 
	 	  	Denver, Colorado 80204 
	 	  	Attention: John Knapp 
	 	  	  
	 	If to Licensee: 	Critical Mass, Inc. 
	 	  	866 Navajo Street 
	 	  	Denver, Colorado 80204 
	 	  	Attention: John Knapp 

            10.12
Counterparts. This Agreement may be executed in one or more counterparts,
all of which taken together shall constitute one instrument. A facsimile or
other electronic copy of a signature on this Agreement shall be acceptable as
and deemed to be an original signature. 

[Remainder of page intentionally left blank. Signature page
follows.]

8

      
     IN WITNESS WHEREOF, Licensor and Licensee have
executed this Agreement effective as of the date first above written. 

 

LICENSEE:

CRITICAL MASS INDUSTRIES, LLC
a Colorado limited liability
company

By: ______________________________________________
Name:
John Knapp
Title: President

 

LICENSOR:

GOOD IPCO LLC

By: ______________________________________________
Name:
John Knapp
Title: President 

9First Columbia Development Corp. - Exhibit 10.2 - Filed by newsfilecorp.com

ADMINISTRATIVE SERVICES AGREEMENT

            THIS
ADMINISTRATIVE SERVICES AGREEMENT (this “Agreement”) is
entered into as of the _____day of August , 2019 (the "Effective
Date"), between Critical Mass Industries LLC, a Colorado limited
liability company (“Company”), and Good Acquisition Co., a
Colorado corporation (“Contractor”). Company and Contractor are
sometimes hereinafter referred to singularly as a “Party,” and
collectively as the “Parties.”

            WHEREAS,
Company is a licensed marijuana business operating pursuant to licenses duly
issued by the Colorado Department of Revenue Marijuana Enforcement Division
(“MED”) and applicable local licensing authority; and

            WHEREAS,
because of the experiences and abilities of Contractor, Company wishes to retain
Contractor to perform those services (collectively, the
“Services”) specifically described in Exhibit A
attached hereto and incorporated herein by this reference, and Contractor wishes
to perform the Services for Company on the terms and conditions contained in
this Agreement. 

            NOW,
THEREFORE, in consideration of the mutual promises, covenants and
undertakings cited herein, and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the Parties agree as
follows:

            1.     
Work To Be Performed. 

                     (a)       
Contractor will provide the Services to the best of its abilities. Contractor
may accept additional assignments from Company at Contractor’s sole discretion;
such additional assignments shall be incorporated into Exhibit A.
Company may assign other contractors to perform services similar to the
Services. Contractor shall not perform any work for Company except pursuant to
this Agreement or a subsequent written agreement. 

               
     (b)       
Except as otherwise specifically set forth herein, Contractor shall provide at
its own cost and expense all of the materials and equipment necessary for
Contractor to perform the Services. Company shall have no control or supervision
over the hours worked or the manner in which Contractor performs the work;
provided, however, that Company may specify deadlines by which time certain work
needs to be completed.

                    
(c)        Contractor acknowledges that
Contractor has no authority to negotiate any contract for or on behalf of
Company or to bind Company to any contract, agreement, representation or
understanding concerning Company or Company’s products or services.

            2.     
Compensation of Contractor.

                 
   (a)       
Amount. The Company shall compensate Contractor for performance of
the Services at a flat rate of Fifty Thousand Dollars ($50,000.00) per month, as
shown on invoices delivered to the Company in accordance with Section 2(b),
below. Contractor shall bill the Company only for the Services and reimbursable
expenses as set forth below.

               
     (b)       
Payment. Contractor shall invoice the Company on a monthly basis
for the Services provided and reimbursable expenses incurred during such period.
Payment shall be due within thirty (30) days after Company's receipt of an
invoice.

                
    (c)       
Expenses; No Additional Compensation. Any expenses
incurred by Contractor in the performance of the Services shall be the sole
responsibility of Contractor unless Company gives prior written approval of
reimbursement of the expense. Contractor acknowledges that Contractor shall be
responsible for paying all operating expenses it incurs pursuant to this
Agreement, subject to the preceding sentence. Contractor will receive only the
compensation described in this Agreement, and shall not receive any other form
of compensation, benefits, or commission. 

            3.     
Independent Contractor Status. 

                    
(a)        Contractor’s status shall at
all times be that of an independent contractor. Contractor will not be an
employee of Company for tax reasons or any other purpose. Contractor
will not be entitled to unemployment compensation insurance benefits or worker’s
compensation unless some entity other than Company provides such
coverage. Contractor is aware, and acknowledges and agrees, that
Company undertakes no responsibility for withholding Federal and State income
taxes, F.I.C.A., worker’s compensation insurance, unemployment compensation
insurance or the like for Contractor or any of its agents, subcontractors or
their agents or employees, all of which shall remain the complete responsibility
of Contractor. Contractor assumes full responsibility for the payment
of all contributions, payroll taxes, income taxes, self employment taxes,
withholdings and backup withholdings or assessments under state and federal law.
Company shall only provide Contractor with, and shall file, an IRS
Form 1099 on an annual basis. 

               
     (b)       
Contractor will be solely liable and responsible for compliance with all
federal, state and local laws and regulations regarding (i) the payment of
Contractor’s taxes; (ii) maintenance of workers’ compensation insurance; (iii)
filing of all required reports; and (iv) health, safety, and all other
employment matters. 

               
     (c)       
Nothing herein shall be construed to create a relationship between Company and
Contractor in the nature of profit-sharing, company, joint venture,
principal/agent, employment or any other relationship that might impose
liability on Company for Contractor’s past, present or future debts,
liabilities, obligations, acts or omissions. 

            4.      Agreement
to Not Disclose Confidential Information.

               
     (a)       
Access to Confidential Information. Contractor acknowledges that
by virtue of Contractor's performing the Services for Company, Contractor will
have access to and will acquire Confidential Information (as defined below)
relating to the business and operations of the Company. 

2

        
            (b)       
Definition of Confidential Information.

                                 (i)       
Regardless of whether tangible or intangible, how stored, compiled, or
memorialized, whether physically, electronically, graphically, photographically,
in writing or by some other means, and regardless of whether it has been marked
or identified as “confidential”, the term “Confidential
Information” means and includes any and all of the following provided
by, belonging to or concerning the Company: (I) information, data, ideas,
inventions, intellectual property, processes, materials, know-how, techniques,
technologies, sketches, drawings, specifications, concepts, trade secrets,
research and development activities, patent applications, compilations, devices,
formulae, designs, prototypes, methods, procedures, strategies, programs, and
codes; (II) financial, business, strategic, scientific, technical and economic
information, plans, and sales, marketing and product information; (III) data and
information about the Company’s current, former or prospective customers,
suppliers, officers, directors and employees; (IV) copies or materials embodying
or including any of the foregoing and any analyses, studies or reports that
contain, are based on, or reflect any of the foregoing; and (V) any information
traditionally or otherwise appropriately recognized as proprietary or a trade
secret. Confidential Information does not include information that (A) at the
time of disclosure by Company to Contractor, was published or known publicly or
was otherwise in the public domain, (B) after disclosure by Company to
Contractor, is published or becomes publicly known or otherwise in the public
domain other than as a result of a breach of this Agreement, (C) was disclosed
to Contractor in good faith by a third party who was not, and is not, under any
obligation of confidence or secrecy to Company, or its clients or prospective
clients at the time of such disclosure or (D) is independently developed by the
Contractor without the use of any Confidential Information and without violation
of this Agreement.

                                 (ii)       
Contractor acknowledges that (A) the Confidential Information is the sole
property of Company, (B) disclosure thereof would cause substantial loss to the
goodwill of Company, (C) disclosure thereof is being made by Company only
because of the position of trust and confidence which Contractor will occupy and
because of the agreement of Contractor to the restrictions contained herein, (D)
the knowledge of Contractor of these matters would enable Contractor, upon
termination of this Agreement, to compete with Company in a manner likely to
cause Company irreparable harm, and (E) disclosure of such matters by Contractor
would likewise cause such harm. 

                   (c)       
Restrictions on Use and Disclosure of Confidential Information.
Contractor shall hold all Confidential Information as a fiduciary, in strict
confidence and trust for the benefit of Company. Contractor shall not at any
time during the term of this Agreement or thereafter use, make known, or
disclose, either directly or indirectly, intentionally or negligently, any of
the Confidential Information to any person, company or other entity, for any
purpose or reason, other than as required in the performance of the Services.
Contractor understands that it is not allowed to use, sell, license, market or
otherwise exploit any products or services which embody in whole or in part any
Confidential Information. Except as necessary to perform Contractor's duties and
responsibilities under this Agreement, Contractor shall not copy or duplicate
any of the Confidential Information, nor remove any of the Confidential
Information from the facilities of Company, either during the term of this
Agreement or thereafter. Contractor will take all reasonable precautions to
prevent disclosure of the Confidential Information to unauthorized persons or
entities. Contractor will treat as confidential and proprietary any information
or materials from outside Company which Company is obligated to treat as
confidential or proprietary, in accordance with Company’s reasonable
instructions to Contractor. In the event that any unauthorized disclosure of any
Confidential Information shall occur as a result of Contractor’s actions or
inactions, or the actions or inactions of an agent of Contractor, Contractor
shall immediately notify Company in writing of the disclosure and the
circumstances surrounding such disclosure. 

3

               
     (d)       
Delivery of Confidential Information to Company on Termination.
Upon the expiration or termination of this Agreement, or at any time upon
Company's request, Contractor will deliver to Company all tangible materials
embodying the Confidential Information, including without limitation any
documentation, records, listings, notes, data, sketches, drawings, customer
lists, memoranda, models, data, reference materials, samples, human or
machine-readable media and equipment and any other materials which in any way
relate to the Confidential Information, to the Services, or to the customers of
the Company. Contractor will not to retain any copies of any of the above
materials. Contractor will provide to Company written certification of
compliance with this Section 4(d) upon request. 

                
    (e)       
Reasonable Restrictions. Contractor acknowledges that the
restrictions in this Section 4 are reasonable and reflect an appropriate
balancing of the interests of Company and Contractor. 

            5.      Term;
Termination. This Agreement shall terminate on the date that is two (2)
years after the Effective Date. Either Party may terminate this Agreement at any
time for any reason or no reason, with or without cause, upon written notice to
the other Party. The right of termination in this Agreement is absolute.
Contractor waives any claim to the contrary and releases Company from any claim
to damages, compensation or indemnification arising out of or relating to the
termination of this business relationship.

            6.      Transfer
of Contractor’s Duties; Return of Property upon Termination. Upon
termination of the relationship established by this Agreement, and in the event
that the Services have not been fully performed at the time of termination,
Contractor shall reasonably assist Company in the smooth transition of
Contractor’s duties and responsibilities to another contractor or representative
of Company. Contractor shall also, upon termination, immediately return to
Company all property in Contractor’s possession belonging to Company. In the
event that Contractor does not return all Company property upon termination of
the relationship with Company established by this Agreement, Company may reduce
any payments owed to Contractor under this Agreement by the value of any
property not returned. In addition, Company may take all appropriate action to
recover its property (or the value of its property). 

            7.      Reservation
of Rights. Company reserves and retains all rights, including, without
limitation, the right to hire additional independent contractors to perform
similar work to Contractor. Company shall manage its business according to its
own judgment and shall be free to accept or reject any advice or suggestions of
Contractor at any time in its sole discretion. Contractor shall provide the
Services in an advisory capacity only and the Company shall retain full
authority and responsibility for all decisions with respect to operation of the
Company's business. Each Party acknowledges and agrees that nothing in this
Agreement shall require the other Party to take any action that such Party
reasonably determines will, or could be deemed to, violate any laws or regulations. Neither Party shall be
responsible for any violation of the other Party’s rights hereunder by a third
party.

4

            8.     
Indemnification and Non-Infringement.

               
     (a)       
Contractor Indemnification. Contractor shall indemnify, defend and
hold Company and its subcontractors, independent contractors, agents, officers,
shareholders, directors, members, managers and employees harmless from and
against any and all claims, liabilities, losses, damages, expenses (including
reasonable attorneys’ fees) (collectively, “Claims”) arising from
or growing out of (i) a breach of any representation, warranty, covenant or
agreement made by Contractor in connection with this Agreement, or (ii)
Contractor’s gross negligence or willful misconduct. 

               
     (b)       
Non-Infringement Warranty. Contractor warrants and represents, to
the best of its knowledge and belief and solely for the benefit of Company, that
nothing in this Agreement or the performance of it by Contractor infringes any
United States intellectual property right or any contractual covenant entered
into by Contractor benefiting any third party. 

            9.      Compliance
with Laws. Each Party shall be responsible for obtaining any and all
licenses, registrations, permits or approvals necessary or advisable for the
operation of its business and the provision of the Services. Each Party shall
comply with any and all conditions binding on it in any such licenses,
registrations, permits or approvals. Each Party shall be subject to, and comply
with, all laws, orders, regulations, directions, or requests, present and
future, of any state or local government having jurisdiction over such Party,
including without limitation, the Colorado Medical Marijuana Code (C.R.S. §
12-43.3 -101 et. seq.), the Colorado Retail Marijuana Code (C.R.S. § 12-43.4
-101 et. seq.) and all regulations, rules, orders, guidance and instructions
promulgated by the MED or applicable local marijuana business licensing
authority. 

            10.   
Representations and Warranties. Contractor hereby represents and
warrants to Company that:

               
     (a)       
Contractor is solely responsible for the satisfactory completion of the Services
and is liable to Company for a failure to complete the Services. 

                    
(b)        Contractor may realize a profit or
a loss under this Agreement. 

                    
(c)        Contractor has continuing or
recurring business liabilities and obligations. 

                    
(d)        Contractor has registered with
applicable state agencies. 

                    
(e)        Contractor maintains its own set
of books and records for its business. 

            11.   
Liability Insurance. Contractor will supply its own workmen’s
compensation insurance and errors and omissions insurance coverage, which shall
be in amounts and with insurance companies reasonably acceptable to Company, and
will provide proof of such coverage to Company upon request. 

5

            12.  
 Assignment. Contractor may not assign or delegate any of its
rights or obligations under this Agreement without the prior written consent of
Company. Company may assign this Agreement at its sole discretion by providing
written notice to Contractor. 

            13. 
  Successors and Assigns. The provisions of this Agreement
shall inure to the benefit of, and be binding on, the Parties and their
successors, permitted assigns, legal representatives, heirs, distributees, and
transferees. 

            14.   
Notices. All notices, demands and other communications to be sent
by one Party to the other under this Agreement shall be in writing and shall be
deemed to have been validly made, given, served and received if given or served
by delivery in person to the addressee, or if sent by facsimile during normal
business hours with delivery verification, or three (3) days after deposit in
the United States mail, postage prepaid, registered or certified mail, return
receipt requested, addressed as follows:

	 	If to Contractor: 	Critical Mass, Inc. 
	 	  	845 Navajo Street 
	 	  	Denver, Colorado 80204 
	 	  	Attention: John Knapp 
	 	  	  
	 	If to Contractor: 	Good Holdco LLC. 
	 	  	866 Navajo Street 
	 	  	Denver, Colorado 80204 
	 	  	Attention: John Knapp 

            15.   
Entire Agreement. This Agreement is the final integration of the
agreement between the Parties with respect to the matters covered by it and
supersedes any prior understandings or agreements, oral or written, with respect
thereto. 

            16.   
Modification, Waiver. This Agreement may not be modified or
supplemented except by written instrument signed by the Parties. No action or
failure to act by either Party shall be deemed to be a waiver of any default or
breach of any agreement or provision herein contained unless such waiver is set
forth in writing. No waiver of any default or breach of any agreement or
provision herein contained shall be deemed a waiver of any other default or
breach thereof or of any other agreement or provision herein contained.

            17.   
Severability. If any provision of this Agreement shall be held to
be invalid or unenforceable for any reason: (i) such invalidity or
unenforceability shall not affect any other provision of this Agreement, (ii)
the remaining terms, covenants and conditions hereof shall remain in full force
and effect and (iii) any court of competent jurisdiction may so modify the
objectionable provision as to make it valid and enforceable.

            18.  
 Governing Law, Jurisdiction and Venue. This Agreement shall
be governed by and construed in accordance with the laws of the State of
Colorado applicable to contracts to be performed entirely within such state. The
District Court for the City and County of Denver shall have exclusive jurisdiction, including in personam jurisdiction, and shall be the exclusive venue for any and all controversies and
claims arising out of or relating to this Agreement. 

6

            19.   
Captions. All captions, titles, headings, and divisions hereof are
for purposes of convenience and reference only, and shall not be construed to
limit or affect the interpretation of this Agreement. 

            20.  
 Legal Representation and Construction of Agreement. The
Parties have had the opportunity to retain independent legal and financial
counsel with respect to the negotiation of this Agreement. The Parties have
independently, separately, and freely negotiated each and every provision of
this Agreement as if all Parties drafted it, and therefore, waive any statutory
or common-law presumption that would serve to have this document construed in
favor of, or against, any Party. 

            21. 
Counterparts/Electronic Signatures. This Agreement may be executed
in one or more counterparts, all of which taken together shall constitute one
instrument. A facsimile or other electronic copy of a signature on this
Agreement shall be acceptable as and deemed to be an original signature. 

[Remainder of page intentionally left blank. Signature page
follows.]

7

      
     IN WITNESS WHEREOF, the Company and Contractor
have executed this Agreement effective as of the date first above written.

COMPANY:

Critical Mass Industries LLC,
a Colorado limited liability
company

By: ________________________________________
Name: John
Knapp
Title: President

CONTRACTOR:

GOOD HOLDCO LLC

By: ________________________________________
Name: John
Knapp
Title: President

8

EXHIBIT A

DESCRIPTION OF SERVICES 

	
  Human Resources (HR) and management services; and 

  
	
  Bookkeeping services. 

9

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