Document:

EXHIBIT 4.17

 

Settlement Agreement and Release

 

This Settlement Agreement
and Release (this “Agreement”), dated as of August 16, 2022 (the “Effective Date”), is made and entered into by
and between Sentient Brands Holdings Inc., a Nevada corporation (the “Company”), Anthony L.G., PLLC (“ALG”) and
Laura Anthony. Each of the Company, ALG and Ms. Anthony may be referred to herein individually as a “Party” and collectively
as the “Parties”.

 

WHEREAS, the Company
owes to ALG and Ms. Anthony the sum of $23,000, for services rendered to the Company (the “Debt), and now ALG and Ms. Anthony desire
to forgive the debt on the terms and conditions herein;

 

NOW, THEREFORE, intending to be legally bound hereby, the Parties
agree as follows:

 

		1.	As of the Effective Date, the Debt is hereby forgiven
and shall be deemed paid in full. The Parties acknowledge and agree that, in the event that ALG or Ms. Anthony provide additional services
to the Company following the Effective Date, such services shall be subject to additional costs as agreed by the applicable Parties.

 

		2.	In consideration of services rendered to the Company
by Ms. Anthony, and in consideration of forgiveness of the Debt, the Company shall issue to Ms. Anthony 400,000 shares common stock, par
value $0.001 per share, of the Company (the “Shares”). The Shares shall be shares of common stock of the Company registered
on the Form S-8 filed by the Company and shall be issued upon effectiveness of such Form S-8.

 

		3.	Effective as of the date of issuance of the Shares,
and conditioned thereon, each of ALG and Ms. Anthony hereby irrevocably, unconditionally and forever release, discharge and remise the
Company and its affiliates, and each of their directors, managers, officers, employees, and each of their respective predecessors successors,
assigns, heirs, representatives, and agents and for all related parties and all persons acting by, through, under or in concert with any
of them in both their official and personal capacities (collectively, the “Company Parties”), from all claims of any type
and all manner of action and actions, cause and causes of action, suits, debts, dues, sums of money, accounts, reckonings, bonds, bills,
specialties, covenants, contracts, controversies, agreements, promises, variances, trespasses, damages, judgments, executions, claims
and demands whatsoever, in law or in equity, known or unknown, that ALG or Ms. Anthony may have now or may have in the future, against
any of the Company Parties to the extent that those claims are related to or arose from the Debt. In the event that a Form S-8 to register
the Shares is not filed and effective, and the Shares issued, on or before September 9, 2022, this Agreement, including, without limitation,
the release and agreements set forth in this Section 3, shall be automatically null and void and of no force or effect without any action
of any of the Parties.

 

		4.	This Agreement sets forth the entire agreement of
the Parties hereto and supersedes any and all prior agreements and understandings of the Parties. Other than as specifically set forth
herein, this Agreement may be changed only by a written document signed by the Parties.

 

    Page 1 of 3

     

    

 

		5.	All questions concerning the construction, validity,
enforcement, and interpretation of this Agreement shall be determined, and this Agreement shall be governed by and construed and enforced
in accordance with the internal laws of the State of Florida and for all purposes shall be construed in accordance with the
laws of such state, without giving effect to the choice of Law provisions of such state. Each Party agrees that all legal proceedings
concerning this Agreement shall be commenced in the state and federal courts sitting in Palm Beach County, Florida (the “Selected
Courts”). Each Party hereto hereby irrevocably submits to the exclusive jurisdiction of the Selected Courts for the adjudication
of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein and hereby irrevocably
waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of
such Selected Courts, or such Selected Courts are improper or inconvenient venue for such proceeding.

 

		6.	If any Party shall commence an action or proceeding
to enforce any provisions of this Agreement, then the prevailing Party in such action or proceeding shall be reimbursed by the other Party
for its attorneys’ fees and other costs and expenses incurred in the investigation, preparation and prosecution of such action or
proceeding.

 

		7.	The Parties agree that irreparable damage would occur
in the event that any of the provisions of this Agreement were not performed by them in accordance with the terms hereof or were otherwise
breached and that each Party hereto shall be entitled to an injunction or injunctions, specific performance and other equitable relief
to prevent breaches of the provisions hereof and to enforce specifically the terms and provisions hereof, without the proof of actual
damages, in addition to any other remedy to which they are entitled at law or in equity. Each Party agrees to waive any requirement for
the security or posting of any bond in connection with any such equitable remedy; and agrees that it will not oppose the granting of an
injunction, specific performance or other equitable relief on the basis that (a) the other Party has an adequate remedy at law, or (b)
an award of specific performance is not an appropriate remedy for any reason at law or equity.

 

		8.	This Agreement may be executed in multiple counterparts,
each of which shall be deemed an original and all of which taken together shall be but a single instrument. Counterparts may be delivered
via facsimile, electronic mail (including pdf or any electronic signature complying with the U.S. federal ESIGN Act of 2000, e.g., www.docusign.com)
or other transmission method and any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and
effective for all purposes.

  

[Signatures appear on following page]

 

    Page 2 of 3

     

    

 

IN WITNESS WHEREOF, the Parties have duly
executed this Agreement as of the Effective Date.

 

	 	Sentient Brands Holdings, Inc.
	 	 	 
	 	By:	
	 	Name:	Dante Jones
	 	Title:	Interim Chief Executive Officer 
	 	 	 
	 	Anthony L.G., PLLC
	 	 	 
	 	By:	
	 	Name:	Laura Anthony
	 	Title:	Managing Member
	 	 	 
	 	Laura Anthony
	 	 	 
	 	By:	
	 	Name:	Laura Anthony

 

Page 3 of 3EXHIBIT 4.19

 

EXTENSION
AGREEMENT

 

THIS
EXTENSION AGREEMENT (the “Agreement”) is entered into as of August 19, 2022 (“Effective Date”),
by and between SENTIENT BRANDS HOLDINGS INC., a corporation organized under the laws of the state of Nevada (the “Borrower”),
and LEONITE FUND I, LP (the “Investor”).

 

WHEREAS,
the Borrower and the Investor entered into a SENIOR SECURED CONVERTIBLE PROMISSORY NOTE dated April 27, 2021 (the “Note”),
issued pursuant to the terms of that certain SECURITIES PURCHASE AGREEMENT dated April 27, 2021 (the “SPA”),
and secured pursuant to that certain SECURITY AND PLEDGE AGREEMENT dated April 27, 2021 (the “Security Agreement”
and collectively with the Note and the SPA, the “Loan Documents”);

 

WHEREAS,
pursuant to the terms of the Loan Documents, the Borrower was required to pay balance in full due under the Note by April 27, 2022, and
the Borrower has failed to make such payment;

 

WHEREAS,
the Borrower requested that Investor provide Borrower with an extension with regards to the payments due under the Note;

 

NOW,
THEREFORE, in consideration of the premises and the mutual covenants contained herein and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the Investor and the Company hereby agree as follows:

 

1.                  
The representations, covenants,
and recitations set forth in the foregoing recitals are hereby incorporated into and made a part of this Agreement, including all defined
terms referenced therein.

 

2.                   
Except as specifically modified
by this Agreement, the terms and conditions of the Loan Documents, shall remain in full force and effect. In the event of any inconsistency
between the terms of this Agreement and the terms of the Loan Documents, the terms of this Agreement shall control. All capitalized terms
used herein shall have the meaning ascribed to them in the Note, unless defined otherwise herein.

 

3.                  
For a period beginning on the
Effective Date and ending on January 2, 2023 (the “Extension Period”), and so long as no other Events of Default occur
under the Transaction Documents (in addition to the non-payment by Maturity Date), Investor will not demand repayment of the amounts
due under the Note and will not initiate collection actions against the collateral in which the Investor was granted a security interest
pursuant to the terms of the Security Agreement, provided however, that Investor expressly reserves all rights and remedies granted to
it under the Note, including but not limited to, assessing penalties, default interest, and fees on the balance due thereunder.

 

4.                  
Borrower shall incur a legal
fee of $1,500 in connection with this Agreement, which shall be added to the balance due under the Note.

 

    Page 1 of 3

     

    

 

5.                 
This Agreement may be executed
in any number of counterparts and each of such counterparts shall for all purposes be deemed to be an original, and all such counterparts
shall together constitute but one and the same instrument.

 

6.                  
This Agreement shall be governed
by and construed in accordance with the laws of the State of Delaware without regard to principles of conflicts of laws. Any action brought
by either party against the other concerning the transactions contemplated by this Agreement shall be brought only in the state and/or
federal courts located in Delaware. The parties to this Agreement hereby irrevocably waive any objection to jurisdiction and venue of
any action instituted hereunder and shall not assert any defense based on lack of jurisdiction or venue or based upon forum non conveniens.
THE BORROWER HEREBY IRREVOCABLY WAIVES ANY RIGHT IT MAY HAVE, AND AGREES NOT TO REQUEST, A JURY TRIAL FOR THE ADJUDICATION OF ANY
DISPUTE HEREUNDER OR IN CONNECTION WITH OR ARISING OUT OF THIS NOTE OR ANY TRANSACTIONS CONTEMPLATED HEREBY. The prevailing party
shall be entitled to recover from the other party its reasonable attorney’s fees and costs. In the event that any provision of
this Agreement or any other agreement delivered in connection herewith is invalid or unenforceable under any applicable statute or rule
of law, then such provision shall be deemed inoperative to the extent that it may conflict therewith and shall be deemed modified to
conform with such statute or rule of law. Any such provision which may prove invalid or unenforceable under any law shall not affect
the validity or enforceability of any other provision of any agreement. Each party hereby irrevocably waives personal service of process
and consents to process being served in any suit, action or proceeding in connection with this Agreement or any other related documents
by mailing a copy thereof via registered or certified mail or overnight delivery (with evidence of delivery) to such party at the address
in effect for notices to it under this Agreement and agrees that such service shall constitute good and sufficient service of process
and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process in any other manner permitted
by law.

 

[Signature
page follows]

 

    Page 2 of 3

     

    

 

IN
WITNESS WHEREOF the parties have signed this Agreement in one or more counterparts as of the date first hereinabove set forth.

  

	The Borrower	 
	 	 
	SENTIENT BRANDS HOLDINGS INC.	 
	 	 	 
	By:	 	 
	Name:	Dante Jones	 
	Title:	Interim Chief Executive Officer	 

 

The Investor

 

	LEONITE FUND I, LP	 
	By its Manager, Leonite Advisors LLC	 
	 	 	 
	By:	 	 
	Name:	Avi Geller	 
	Title:	Manager	 

  

[Signature page to Extension Agreement]

 

Page 3 of 3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00348-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00348-of-00352.parquet"}]]