Document:

Exhibit 10.3b

 

ENDORSEMENT
AND LICENSE AGREEMENT

 

This
Endorsement and License Agreement (the “Agreement”), effective as of the date on which the first Guaranteed Payment
set forth in 5.a. is tendered to Furnisher (the “Effective Date”), is made by and between Serious Promotions, Inc.,
a Florida corporation (“Furnisher”), f/s/o Khaled Khaled, professionally known as DJ Khaled (“Talent”),
c/o Sedlmayr & Associates, P.C., 489 Fifth Avenue, 30th Floor, New York, NY 10017 and Khode, LLC, a Delaware limited
liability company with offices located at 38246 North Hazelwood Circle, Cave Creek, AZ 85331 (“Company”). Furnisher
and Company may be referred to herein collectively as the “Parties” or individually as a “Party.”

 

WHEREAS,
Endexx Corporation, a Nevada corporation (“Endexx”), among other activities, is in the business (the “Endexx
Business”) of developing, producing, manufacturing, selling and commercially exploiting certain CBD-related products (excluding
hair care products (but including scalp treatments)) (the “Products”) and has formed CBD Unlimited , Inc. a Nevada
corporation (“CBDU”) in its efforts to further the Endexx Business; and

 

WHEREAS,
for purposes of this Agreement, the capitalized term “CBD” shall mean the ingredient , Cannabidiol, a derivative of
hemp, (i.e. the plant Cannabis sativa L.), and any part of that plant, including the seeds thereof and all derivatives, extracts,
cannabinoids, isomers, acids, salts, and salts of isomers, whether growing or not, with a delta-9 tetrahydrocannabinol (“THC”)
concentration of not more than 0.3 percent on a dry weight basis; and

 

WHEREAS,
CBDU has caused the Company to be formed, organized and established, and, concurrently with the execution of this Agreement, CBDU,
Furnisher and Impact Brokers are executing a LLC Operating Agreement of the Company (the “Operating Agreement”)
setting forth the rights, powers and obligations of such parties as Members of, and with respect to, the Company (each of such
parties, a “Company Member”); and

 

WHEREAS,
the intent of the Company Members in forming, organizing and establishing the Company is for the Company to source ingredients,
produce, manufacture, distribute, market, and sell Talent-endorsed Products (each, a “Branded Product”) under
the brand “KHODE” (the “Brand”); provided, however, for so long as Furnisher is a
Company Member, the term “Branded Product” shall not include, nor may the Company source ingredients, produce, manufacture,
distribute, market, and/or sell any Branded Product constituting a hair care product (provided, that skin treatments produced,
intended or marketed as a scalp treatment (and not as a shampoo) shall not be deemed a “hair care product”); and

 

WHEREAS,
Talent is a widely renowned celebrity with a worldwide fan base; and

 

WHEREAS,
Company was formed by Furnisher and CBDU for the production manufacture, distribution, marketing and sale of Talent-endorsed Products
(“Branded Product”) to be developed by the Parties under the brand “KHODE” (“Brand”), which
Brand (including without limitation the trademarks therein) and development formula and process (“Process”) of the
Branded Product are owned by Company; and

 

WHEREAS,
Company desires to engage Furnisher to license to Company during the Term (as defined herein below) the use of Talent’s
name, image, likeness, voice, statements, professional name (including, without limitation, the trademark “DJ Khaled”)
and biography (collectively, “Talent Properties”), subject to Furnisher’s approval of all of the aforementioned,
and grant the right to utilize Talent’s “Services” (as defined below), solely in connection with and to promote
the Branded Product and the Brand via a marketing and promotional campaign which shall be approved by both Parties (the “Campaign”)
as set forth herein;

 

    	 

     

    

 

WHEREAS,
Furnisher has agreed to grant to Company the right to use the approved Talent Properties and the approved Talent’s Services
herein during the Term (as defined below) solely in connection with the Campaign on the terms and conditions as set forth herein;
and

 

WHEREAS,
capitalized terms not defined in this Agreement shall have the meanings assigned to such terms in the Operating Agreement.

 

NOW,
THEREFORE, in consideration of the mutual covenants, terms, and conditions set forth herein, and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

 

1.
Term: The term of this Agreement shall commence on the date hereof and will continue for the duration of the Operating
Agreement (defined herein), subject to earlier termination as set forth in Section 16 hereof.

 

2.
Services. Subject in each instance to (i) Furnisher’s and/or Talent’s written approval (not to be unreasonably
withheld or delayed) and (ii) Talent’s schedule and professional commitments, availability and then current location, and
(iii) COVID19 (as determined by Talent), during each of the first five (5) years of the Term (“Initial Service Term”),
Furnisher shall make Talent available, and/or shall cause Talent to perform, each of the services set forth below (collectively,
the “Services”) in connection with the Campaign. Company will give Furnisher at least thirty (30) days prior written
notice with respect to each of the intended Services contemplated hereunder. The Services may be rendered remotely and/or virtually
at Talent’s election during the duration of the COVID19 pandemic as determined by Talent. Furnisher shall cause Talent to
perform the Services as set forth herein on a part-time and non- exclusive basis. Furnisher shall reasonably, and shall cause
Talent to reasonably, characterize Talent as a supporter of the Brand and the Branded Product, in a manner reasonably determined
by Furnisher and Talent. The Parties agree to work together to coordinate the dates, times, locations (as applicable and subject
to the provisions herein) and other material aspects of approved Services, subject to the provisions herein. During the 12-month
period preceding the end of the Initial Service Term, the Parties will negotiate in good faith regarding Furnisher’s and
Talent’s rendering additional services, if at all, for during additional periods during the Term, as well as the amount
of any Guaranteed Payment during such additional periods.

 

    	2

     

    

 

a.
Type of Services. During each year of the Initial Service Term:

 

i.
Production Days. Up to two (2) production days (the “Production Days”), not to exceed eight (8) consecutive
hours each (excluding any reasonable breaks and travel time and preparation time for so-called “glam” (i.e., hair,
make-up, wardrobe and styling). Such Production Days may be remote at Talent’s election and may include as approved by Talent,
without limitation, a reasonable number of still photo shoots (not to exceed 20), video shoots (including, but not limited to,
non-scripted, b-roll and behind the scenes footage), recording of sound bites and voice- over recordings, production of public
service announcements and social responsibility themed creative, and on-site media interviews), all as mutually approved by the
Company and Talent and pursuant to a mutually approved marketing plan and marketing budget. The Company will have the right to
use all results of such production days in all approved media (now known or hereafter devised, and including, without limitation,
television programming), provided, that such results have been previously approved by Furnisher.

 

		ii.	Personal
                                         Appearances.

 

		1.	Up
                                         to two (2) mutually approved personal appearances or performances (the “Personal
                                         Appearances”), not to exceed 30 minutes each, (excluding any hair, grooming and
                                         makeup time, wardrobe periods, reasonable breaks, and travel time) at events mutually
                                         determined and approved by Company and Furnisher (e.g., media appearances, meet and greets
                                         of no more than 15 people, virtual appearances, etc.).

 

		2.	A
                                         minimum of three (3) appearances at retail and distributor meetings or other corporate
                                         related events (“Influencer Events”), for a minimum of 30 minutes per Influencer
                                         Event excluding travel time and preparation time for so-called “glam” (i.e.,
                                         hair, make-up, wardrobe and styling) (dates and locations to be determined and subject
                                         to approval) at Company’s reasonable cost and expense.

 

		3.	Up
to two (2) real-time video appearances (“Zoom Videos”), not to exceed 5 minutes each. Zoom Videos shall include sales
meetings and corporate conferences, as mutually determined

 

		4.	Reasonable
mutually agreed press with media outlets/press to be approved by Talent in each instance, all details to be mutually determined
by the Parties.

 

		5.	Until
                                         such time as the COVID-19 pandemic has abated in the United States to an extent such
                                         that Talent feels reasonably comfortable in Talent’s sole discretion with making
                                         in-person appearances at public events, all of the Services, including without limitation,
                                         personal appearances will be virtual and all production will be executed remotely from
                                         locations determined by Talent, including Talent’s home.

 

    	3

     

    

 

iii.
Social Media. During each month of the Initial Service Term, and in accordance with a schedule to be mutually coordinated
by the Parties (subject to Talent’s prior bona-fide professional commitments), Talent shall provide no less than eight (8)
Instagram posts and eight (8) Instagram stories (collectively the “Posts”), to be mutually approved by Company and
Talent (and in Talent’s own “voice”) prior to publication each of which Posts will shared on the other owned/controlled
personal social media channels (including, without limitation, Twitter, Facebook, Instagram, and such other pages/channels as
are developed/popularized during the Initial Service Term which are then utilized by Talent) (with the dates thereof to be confirmed
and mutually approved by the Parties in advance) (collectively, “Personal Promotion”) regarding the Campaign and Products..
Talent shall use official links to Brand content in the Personal Promotion as requested by Company, shall tag @brand (or other
@ mention) as requested by Company, and shall clearly and conspicuously disclose Talent’s affiliation with Company in such
Personal Promotion pursuant to FTC Guidelines (e.g., #ad). Talent shall remove/delete any such Personal Promotion (if removable)
upon Company’s written request, and Company shall be permitted to re-Tweet and otherwise promote and use such Personal Promotion
in the Materials hereunder as mutually determined and approved solely with respect to the Campaign in accordance with this Agreement.
Further, Company may, in its sole discretion, ‘‘whitelist” the Personal Promotion on the relevant social media
channel, which, for clarity, includes the right for Company to pay relevant social media channels to put Personal Promotion at
the top of users’ feeds. In addition, Furnisher grants Company the right to amplify or boost Talent’s posts on Facebook
during the Initial Service Term. In addition, Company shall have the right to tag Talent’s name and social media handle
on all Company owned and/or controlled social media handles (including, without limitation, Twitter, Facebook, YouTube, Instagram,
TikTok, Triller, and such other pages/channels as are developed/ popularized during the Term, etc.).

 

iv.
Presentation Videos. During the Initial Service Term, Talent shall participate in two (2) mutually approved presentation
videos (“Presentation Videos”), to be shot on Talent’s cell phone and delivered to Company within forty-eight
(48) hours of Talent shooting such Presentation Videos. Each Presentation Video shall be defined as a [:X-:X] second Talent made
video for Company for use during the Term during promotional meetings with sales force, internal stakeholders, etc. and with key
constituents.

 

v.
Drops. Talent shall record a mutually agreed upon number of video and audio drops (“Vocal Drops”) for Company
during each year of the Initial Service Term for use in connection with either radio or account messages with respect to the Campaign,
the content of which to be mutually approved,.

 

vi.
Quote. As reasonably requested by Company during the Initial Service Term, Furnisher shall cause Talent to provide a reasonable
number of quotes (not to exceed 14 per year unless otherwise agreed) (“Quotes”) regarding Talent’s connection/
experience with Company and the Product. As reasonably requested by Company during the Initial Service Term, Furnisher shall cause
Talent to participate in various mutually agreed consultation and collaboration sessions/correspondences with Company via telephone,
tele- or video-conference, email (or similar media) in connection with Talent’s Services hereunder and the creation/use
of the Materials. subject to Talent’s schedule.

 

    	4

     

    

 

vii.
Press Release. Any press release to be issued in connection with the Campaign shall be subject to the mutual approval of the Parties;
provided, however, notwithstanding anything to the contrary provided in this Agreement or the Operating Agreement, no approved
press release of or by the Company CBDU or Endexx shall be issued or disseminated in any form or media mentioning Furnisher, Talent
or this Agreement prior to Furnisher’s receipt of the first Guaranteed Payment pursuant to paragraph 5.a.

 

b.
Availability.. Furnisher will use reasonable efforts to provide Company with at least thirty (30) days prior notice of
any period during which Talent will be unavailable to render services hereunder for any consecutive 1 month period during the
Initial Service Term. In the event that Talent is unavailable to provide Talent’s Services on a particular date requested
by Company (for permitted reasons hereunder), Furnisher shall use its reasonable efforts to promptly provide Company with two
(2) alternate dates, both within 2 months of the date requested by Company, on which he will be available to provide Talent’s
Services. All approved Services are to be mutually scheduled subject to Talent’s schedule (dates, times, locations (as applicable).

 

i.
Notwithstanding the foregoing, during the Initial Service Term, the Parties may mutually agree in writing to substitute any of
the aforementioned Services or deliverables in this Agreement for a different mutually approved service or deliverable of reasonably
equal value as determined by Company and Talent.

 

ii.
Company must notify Furnisher in writing of any unfulfilled deliverables or Services at least ninety (90) days prior to the end
of each year of the Initial Service Term or such deliverables and/or Services shall be waived.

 

c.
Materials. During the Initial Service Term, Company shall have the right, but not the obligation, to create, from the footage,
photographs and behind-the-scenes footage of Talent’s services during the Production Days a mutually agreed upon number
of advertising, promotional, marketing, publicity, public relations materials (including, without limitation, b- roll) related
to the Branded Product (collectively, the “Materials”) all of which Materials and the intended uses thereof are subject
to Talent’ written approval in each instance.

 

3.
Usage.

 

a.
Permitted Media. During the Term of the Agreement, the approved Materials may be used for approved advertising, marketing
and promoting solely the Branded Products, anywhere in the world in the manner, or and media (whether now known or hereafter devised)
approved by Furnisher and/or Talent and pursuant to a mutually approved marketing plan (which including, without limitation, which
may include social media; new media (including, without limitation, mobile media, podcasts, etc.); and PR media; (collectively,
the “Media”) and, mutually approved marketing budget. All Media uses will be subject to Talent’s approval in
each instance, provided, that once any Materials or Media have been approved by Talent, the Company may make subsequent or additional
similar uses of such approved Material in such similar approved Media without seeking additional approvals from Talent, however
if the Company intends to use any Material approved for a particular use for a different use or Media, the Company will have to
the Material for approval as set forth in this Agreement.

 

    	5

     

    

 

b.
Internal Uses. In addition, at any time during and/or after the Term of the Agreement, the Materials may be used e by Company
solely for intra-company, research, award, file and/or reference purposes and an “archive” section on Company websites
(collectively, “Internal Uses”).All costs and expenses of manufacture, advertising, promotion, samples, packaging,
stickers, labels, tags and other costs and expenses related to the manufacture, sale, distribution, advertising, and promotion
of Branded Products and in connection with the Campaign shall be borne solely by Company.

 

c.
Furnisher shall have the right to review and approve the Branded Products and all uses of Branded Products, including, without
limitation: (i) concept; (ii) rough artwork; (iii) final artwork; (iv) prototype samples; (v) production samples and (vi) packaging.
To the greatest extent possible, all materials submitted to Furnisher for review and approval shall be submitted electronically,
in such format as may be requested by Furnisher, unless otherwise requested by Furnisher or mutually agreed by the parties. If
Furnisher does not respond in writing within ten (10) business days after receipt of such materials for approval, then such materials
shall be deemed approved. The Company shall make any changes requested by Furnisher as soon as reasonably practicable and re-submit
revised materials to Furnisher for approval and Furnisher will have five (5) business days from receipt of each such re-submission
to approve or disapprove such material. If Furnisher does not respond within any such five (5) day period, such resubmitted materials
shall be deemed approved.

 

d.
Prior to the publication, posting, public distribution or use of any advertisement or other marketing and/or promotional material
(each, an “Advertisement”) which is intended to be used in conjunction with the sale or distribution of Branded Products,
Company shall submit the Advertisement to Furnisher for written approval. If Furnisher has not responded in writing within ten
(10) business days after receipt of a proposed Advertisement for approval, then such Advertisement shall be deemed approved. The
Company shall make any changes requested by Furnisher as soon as reasonably practicable and re-submit revised Advertisement to
Furnisher for approval and Furnisher will have five (5) business days from receipt of each such re-submission to approve or disapprove
such Advertisement. If Furnisher does not respond within any such five (5) day period, such resubmitted Advertisement shall be
deemed approved.

 

e.
Once an Advertisement has been approved, Company need not submit variations of that Advertisement for re-approval when such variations
are not substantive or for use in a similar medium; provided, however, that any substantive changes to the Advertisement or intended
use in a different medium must be approved in each instance in advance pursuant to this Section.

 

f.
Company acknowledges that, if Branded Products manufactured and sold by Company are of inferior quality in quality, material and/or
workmanship or dangerous for use, then the substantial goodwill which Furnisher has built up and now possesses in the Branded
Property will be impaired and Furnisher and Talent will have been irreparably damaged. Accordingly, Company shall ensure that
the Branded Products are of the highest quality standard and appearance and as shall be suited to their exploitation. and best
advantage and safe for use, and Company warrants to Furnisher that all Branded Products will maintain the high standards, appearance,
and quality of the approved prototype samples and safe for use. If there is a substantial or material departure from the approved
sample of Branded Products made and/or distributed by or on behalf of Company or are unsafe, then Furnisher shall have the right,
in the reasonable exercise of its sole and absolute discretion, to withdraw the approval of such Branded Products by written notice
thereof to Company, in addition to its other rights and remedies.

 

    	6

     

    

 

4.
Post-Term. At the end of the Term, Company shall cease use of any Materials and the Campaign and shall remove any Materials
from Company’s website and other controlled sites within thirty (30) days following end of Term; provided, that Company
does not have the obligation to remove Material from social media platforms following the Term; provided, further, that Company
does not run any paid media to support/promote such Materials on the social media platforms following the Term. The Parties acknowledge
that any unauthorized use (e.g., use beyond the Term, outside the Media, etc.) by third parties (including, without limitation,
wholesalers or retailers) of Materials disseminated or distributed by Company in accordance with this Agreement shall not constitute
a breach by Company hereunder provided Company verifies that it has timely instructed such third parties of the applicable restriction
under this agreement and to cease use and take down Materials. Upon termination or expiration of Company’s rights hereunder
pursuant to the Operating Agreement or this Agreement, Company shall have the right to sell off any Branded Product in its inventory
for a period of ten (10) months following the effective date of such termination. Company shall not manufacture excess inventory
in anticipation of any sell-off and shall pay any Fee payment due to Furnisher during such sell-off.

 

5.
Compensation.

 

a.
In consideration of the Services rendered and rights granted herein, in addition to receiving a membership interest in the Company
and attendant payments as provided in the Operating Agreement, during each year of the Term, the Company shall pay Furnisher the
following amounts on the dates indicated in the form of a guaranteed payment (each, a “Guaranteed Payment”) in immediately
available funds wire transferred to the bank account set forth in Exhibit A to this Agreement (which Exhibit may be amended upon
written notice given to Furnisher at any time during the Term, provided, however, that any such amendment to Exhibit A shall only
become effective ten (10) Business Days following the date of such notice:

 

	Payment
    Due Date	 	Amount
    of Payment	 
	 	 	 	 
	14
    calendar days following the execution of this Agreement	 	$	500,000.00	 
	April
    1, 2021	 	 	250,000.00	 
	July
    1, 2021	 	 	250,000.00	 
	October
    1, 2021	 	 	250,000.00	 
	January
    1, 2022	 	 	250,000.00	 
	April
    1, 2022	 	 	250,000.00	 
	July
    1, 2022	 	 	250,000.00	 
	October
    1, 2022	 	 	250,000.00	 
	January
    1, 2023	 	 	250,000.00	 
	April
    1, 2023	 	 	250,000.00	 
	July
    1, 2023	 	 	250,000.00	 
	October
    1, 2023 and October 1, 2024	 	 	500,000.00	 
	January
    1, 2024 and January 1, 2025	 	 	500,000.00	 
	April
    1, 2024 and April 1, 2025	 	 	500,000.00	 
	July
    1, 2024 and July 1, 2025	 	 	500,000.00	 

 

    	7

     

    

 

b.
Each Guaranteed Payment shall be due and payable on its respective Payment Date, provided, that if any Payment Date falls on a
day that is not a Business Day, then the applicable Guaranteed Payment shall be due on the next Business Day. Furnisher is under
no obligation to provide the Company with any invoice or notice with respect to a Guaranteed Payment and the failure to make a
Guaranteed Payment on or prior to its Payment Date shall be deemed a material breach of this Agreement for which Furnisher shall
have the right, upon no less than five Business Days’ prior notice to the Company (a “Payment Failure Notice”)(and
without the Company having any right to cure), to terminate this Agreement, cease to perform any of the Services and terminate
the License granted hereunder; provided, however, the Company shall have a ten (10) month sell-off period to sell
any inventory of Branded Products as of the date of such notice of termination.

 

c.
Prior to February 1, 2025, the Parties hereto will conclude negotiations in good faith regarding (i) the amounts and payment dates
for Guaranteed Payments following September 30, 2025 and (ii) the extent of Furnisher’s and Talent’s services under
this Agreement following September 20, 2025. In the event that the Parties are unable to come to agreement with respect thereto
by February 1, 2025, then Furnisher and Talent may (in Furnisher’s and Talent’s sole discretion) either elect, by
written notice to the Company (x) to extend the Term for a two year period commencing as of October 1, 2025 (and, if so extended,
for addition 2-year periods thereafter by written notice to the Company on or before February 1, 2027, February 1, 2029, and so
on), provided, that the Company continues to pay the Guaranteed Payments that the Company was required to tender to Furnisher
in the last year of the Term (i.e., $500,000 on each October 1st, January 1st, April 1st and July 1st of each year during such
extension term(s)), with Furnisher and Company having all rights under this Agreement during any such extension term(s), including
without limitation, Furnisher’s right to terminate this Agreement due to the failure to pay a Guaranteed Payment when due,
or (y) to cease rendering further Furnisher’s or Talent’s respective services obligations under Section 2 hereof without
liability and terminate Furnisher’s and Talent’s obligations under Section 6 hereof without liability as of September
30, 2025, provided, that, if Furnisher and Talent elect pursuant to clause (y) above, such termination will not affect Furnisher’s
rights under the Operating Agreement, and Company will no longer have the right to utilize Furnisher’s name, trademarks,
logos or the Talent Properties (or any other identifiers of Furnisher or Talent) or the Materials or any elements thereof or any
other footage, content or assets furnished or created hereunder or any marketing and/or promotional materials (including without
limitation social media posts) or create any marketing or promotional materials which include any reference to Furnisher or Talent
or any Talent Properties (or any other identifiers of Furnisher or Talent) or are derived from the Materials in connection with
the Branded Product, the Campaign or otherwise after the final day of the applicable ten (10) month sell off period without Furnisher’s
prior written consent. For the avoidance of doubt, if Furnisher and Talent elect to cease rendering and terminate Furnisher’s
and Talent’s respective Services as aforesaid, any such cessation or termination will not relieve Company of its obligations
to comply with the applicable restrictions hereunder and will not relieve the Parties of their obligations which would survive
the termination of this Agreement (including, without limitation, confidentiality, warranties, representations and indemnities).

 

    	8

     

    

 

6.
Exclusivity. During the Term, Talent will not promote, launch or endorse any other Product (collectively, “Competitive
Products’) other than for Company,. Notwithstanding the foregoing, Talent may (a) perform at any show, venue, concert, or
festival named for or sponsored by a competing company and/or Competitive Product, any division or affiliate of a competing company
or in which a competing company’s or any division or affiliate of a competing company’s or any Competitive Products’
logo appears; (b) appear or perform in any motion picture, television, radio, theatrical production, award shows or other programs
(including, without limitation, walking the red carpet at award shows and premiers) sponsored by a competitor or in which a Competitive
Product or logo appears and appear in music videos and/or photographs of and/or with other artists affiliated with a competitor
or any division or affiliate of a competing company or in which Competitive Products’ or competing company’s logos
appear; and (c) Talent has the right to market and promote Talent’s music, tours and any tour-related sponsors, including,
without limitation, launching new campaigns and assets in connection therewith regardless of sponsor, whether in connection with
Competitive Products or not.

 

7.
SAG-AFTRA. Each of Company and Furnisher acknowledges and agrees that Talent is a member of SAG-AFTRA. All permitted and
approved television and/or radio commercial materials produced by, or on behalf of, Company hereunder featuring Talent for use
in the Campaign shall be a union production and all fees Company might owe to Talent pursuant to union rules and regulations,
including session, overtime, wardrobe and fitting fees and travel time, and all holding, use and integration fees as required
by any applicable union (but not to include any union-required pension and welfare/health contributions) shall be paid at scale
and shall be applied as a credit against the Guaranteed Payment payable by Company to Furnisher hereunder and allocable to the
services of Talent for filming television and radio commercials (and the use and broadcast thereof), if any. If services related
to the production of any television or radio commercial(s) trigger pension or welfare/health contributions under an applicable
guild agreement, eighty percent (80%) of the fees paid to Furnisher pursuant to this Agreement will be allocated to services covered
by the SAG-AFTRA Commercials Contract or other applicable guild agreement (the “Guild Agreement”) and Company shall
make such required pension and welfare/health contributions required by such Guild Agreement as and when due, and calculated solely
on the amount paid or payable to Furnisher on behalf of Talent; such amounts paid by Company as required by an applicable Guild
Agreement (including pension and welfare/health contributions) shall be applied as a credit against the Guaranteed Payment.

 

    	9

     

    

 

8.
Expenses. If, in connection with any approved Services, hereunder, Talent agrees to travel to a location not located near
Talent’s residence (or then-current location), Company shall pay for or reimburse Furnisher and Talent for Furnisher’s
and Talent’s reasonable travel expenses in connection with the rendering of such Services, (including, without limitation,
(a) travel expenses if Talent agrees to travel (e.g., private plane if the location of such Services is not located within 50
miles of Talent’s residence or then-current location), 5 star accommodations and first class SUV ground transportation and
(b) so-called “glam” (i.e., hair, make-up, wardrobe and styling) and related expense) (“Glam”). All such
travel and Glam expenses, and all related “glam” (i.e., hair, make-up, wardrobe and styling) and related expenses,
will be subject to a travel budget, which must be agreed upon by the parties at least ten (10) days in advance of such travel,
the rendering of such applicable Service. It is agreed that neither Furnisher nor Talent will be obligated to render any Services
until such travel and Glam costs are mutually agreed upon by the Parties.

 

9.
Confidentiality. The Parties agree that neither Party nor Talent will disclose (including, without limitation and by way
of example, via text messaging, blogging or communicating in any way via Twitter, Facebook, Instagram or any other social networking
website, tool or device, etc.) any trade secrets or confidential business or personal information of either Party or Talent (including
without limitation tour and release schedules) to any third parties, including but not limited to any content of any advertising
(including, without limitation, any scripts, copy, storyboards, etc.) that have not yet been released to the general public, Talent’s
relationship with Company (until publicly disclosed by Company), and any of the terms of this Agreement (including, without limitation,
the amount of compensation paid hereunder) (collectively, the “Confidential Information”), except as required by law
or court order or to the Parties and Talent’s respective attorneys, representatives and financial advisors. In the event
either Party or Talent is required to disclose Confidential Information pursuant to any law, regulation or court or other government
order, request or requirement, the applicable Party or Talent will immediately notify the others and take reasonable steps in
assisting to secure confidential treatment, contesting the order or otherwise protecting the applicable Confidential Information.
Company acknowledges that Talent and Furnisher may disclose to their representatives, managers, accountants, and attorneys the
terms of the Agreement. Furnisher agrees, and Furnisher shall cause Talent to agree, that Furnisher and Talent shall not at any
time, including in perpetuity after the expiration or termination of the Term of this Agreement, defame or disparage Company and/or
use, disclose, disseminate or confirm, directly or indirectly, to anyone any information or material, whether or not acquired
by Furnisher or Talent in the course of or in connection with the services rendered by Furnisher or Talent to Company, which may
harm, disparage, demean or reflect negatively or poorly upon or cause injury to Company. Company agrees that neither Company nor
CBDU shall at any time, including in perpetuity after the expiration or termination of the Term of this Agreement, defame or disparage
Furnisher or Talent and/or use, disclose, disseminate or confirm, directly or indirectly, to anyone any information or material,
whether or not acquired by Company or CBDU in the course of or in connection with the services rendered by Company, which may
harm, disparage, demean or reflect negatively or poorly upon or cause injury to Furnisher or Talent. However, nothing in this
Agreement is intended to prevent either Party or Talent from making any truthful statements in any legal proceedings or as otherwise
required by law. The foregoing expressly includes, without limitation, communications appearing on the Internet via blogging and/or
social networking sites such as Facebook and Twitter.

 

    	10

     

    

 

10.
Grant of Rights. Subject to the terms of this Agreement and Talent’s approval in each instance as set forth herein,
Furnisher hereby grants to Company the right to use during the Term solely in connection with the Campaign and on the terms and
conditions of this Agreement, Talent’s approved Talent Properties, and the approved related trademark, logo, collectively
referred to as “Talent’s Properties and Mark”), all of which of the foregoing and the uses thereof are subject
to Talent’s prior written approval in each instance: (i) in connection with the Campaign; (ii) in any approved advertising
and promotional materials and approved content created with respect to the Brand Product. Furnisher and/or Talent own all right,
title and interest in and to all of Talent’s Properties and Marks, and all slogans, catchphrases, music, recordings, lyrics,
other intellectual properties and proprietary materials of Talent, and except as specifically set forth herein, Company has not
rights in or to or to use any of the aforementioned. For the avoidance of doubt, the mark “KHODE” and all related
uses thereof shall be the sole property of the Company. In the event Company wishes to use music in connection with the Campaign,
Talent shall have the right to determine if any music is to be used and if so determined, Talent to decide which music in consultation
with Company. The use of any music selected by Talent is subject to Company securing at Company’s sole cost and expense,
all rights, licenses, consents and permissions in connection therewith from all applicable record labels, publishers, third party
artist and third party rights holders, including those of Talent. Talent shall use reasonable efforts to assist Company in obtaining
such rights provided failure to do so is not a breach.

 

11.
Pay or Play. Company will not be obligated to produce, release, or otherwise use any Materials produced hereunder, and
Company only obligation to Furnisher and Talent hereunder shall be to pay Furnisher/Talent the compensation set forth herein (including
without limitation all Guaranteed Payments) and in the Operating Agreement.

 

12.
Endorsement. Furnisher represents and warrants that any statement made by Talent with respect to Talent’s positive
opinion or endorsement of Company, the Branded Product is a true reflection of Talent’s beliefs, findings or opinions, and
Furnisher agrees to immediately inform Company of any material changes in those beliefs, findings or opinions. To the extent that
Talent suggests that Talent uses or has used the Brand Products, Furnisher represent and warrant that Talent has and does in fact
use them (in responsible quantities). In the event Talent makes any public statements (including, without limitation, in connection
with the Campaign), Talent shall clearly and conspicuously disclose Talent’s affiliation with Company in accordance with
the Federal Trade Commission Guides Concerning the Use of Endorsements and Testimonial in Advertising, available at https://www.ecfr.gov/cgi-bin/text-
idx?SID=7d3e01b4efb5ecef6de68874e976fd89&mc=true&node=pt16.1.255&rgn=div5 (as may be updated) (the “FTC Guide”).

 

13.
Representations, Warranties and Covenants.

 

(a)
Furnisher represents, warrants and agrees that:

 

(i)
Neither Furnisher nor Talent is now, and nor during the Term shall be, a party to or bound by any contract or agreement which
will conflict or interfere in any manner with their respective duties or obligations set forth herein. Neither Furnisher nor Talent
is under any disability, restriction or prohibition with respect to Furnisher’s right to sign and perform under this Agreement.

 

(ii)
Subject to the provisions of paragraph 13(b)(vii), the rights granted by Furnisher herein, and any use thereof by Company or its
grantees, licensees, or assigns, will not violate or infringe upon the rights of any third party, provided Company complies with
the term of this Agreement.

 

    	11

     

    

 

(iii)
Talent is employed by Furnisher and Furnisher will perform all obligations imposed on employers by federal, state, and local law,
including, without limitation, the payment to Talent of all compensation or other consideration required to be paid under any
agreement between Furnisher and Talent except as otherwise provided herein or the Operating Agreement. Any amounts payable hereunder
shall be subject to all withholdings required by applicable law.

 

(iv)
Furnisher has the full right and legal authority to enter into this Agreement, to grant the rights set forth hereinabove, and
to fully perform its obligations in accordance with its terms.

 

(v)
In performing Talent’s responsibilities under this Agreement, Talent will comply with all laws and regulations that may
concern or relate to such performance.

 

(b)
Company warrants, represents and agrees that:

 

(i)
It is a limited liability company duly organized, validly existing, and in good standing under the Laws of the jurisdiction of
its incorporation or other organization.

 

(ii)
It has the full right, power, and authority to enter into, and to perform its obligations and grant the rights and licenses it
grants or is required to grant under, this Agreement.

 

(iii)
The execution of this Agreement by its representative whose signature is set forth at the end of this Agreement has been duly
authorized by all necessary corporate or organizational action of such Party.

 

(iv)
It will comply with all applicable laws, regulations, guidelines, statutes, including, without limitation, applicable US, state,
and international laws, including food and drug laws and laws governing controlled substances. By way of example in the United
States, and subject to change based on future legislation, Company warrants and represents that shall not make any claim regarding
the Products or Branded Products being able to cure or treat any disease, syndrome, or condition, or offer any health benefits
as a result of the CBD content of the Branded Products or Products unless otherwise permitted by applicable law. Company shall
comply with all applicable federal, state, and international laws, regulations, and rules, and complete all required undertakings
prior to sale, offer for sale, export, distribution or otherwise make the Products or Branded Products available.

 

    	12

     

    

 

(v)
it has or will secure all permits, clearances, licenses, consents, insurance (including without limitation general and product
liability insurance and will name Furnisher and Talent as additional insureds) in connection with the Products, Brand Product
and the Campaign, and will cause Furnisher and Talent to be covered as additional insureds under the Company’s (or CBDU’s)
product liability and general liability policies for covered liabilities associated with the Products and the Business. Without
limiting the foregoing, during the Term and for a period of three (3) years thereafter, Company agrees to obtain and maintain,
at its own expense, customary comprehensive general liability and “errors and omissions” insurance policies with an
insurer rated A or A+ by A.M. Best, with each policy having limits of no less than $3,000,000 per occurrence and $5,000,000 in
the aggregate (which may be achieved in combination with umbrella coverage) (including, without limitation, coverage for product
liability and advertising injury up to $2,000,000), which insurance shall name Furnisher and Talent as additional insureds, include
a waiver of subrogation and shall provide the additional insureds with a minimum of thirty (30) days’ notice of cancellation/non-renewal/substantial
modifications of such policies. Within ten (10) days after the Effective Date, Company shall submit written evidence of such insurance
to Furnisher. In the event that Furnisher or Talent request additional types or amounts of insurance coverage, such request shall
be subject to approval by the Company’s board of directors and the Company’s budget process.

 

(vi)
the Brand Product and the Products are of a premium quality and safe for their intended use in accordance with their packing instructions.

 

(vii)
Subject to each Party’s compliance with the terms of Section paragraph 13(a)(ii) above, all materials created, furnished,
produced by or on behalf of Company will not infringe on the rights of any third party.

 

14.
Indemnification.

 

a.
Furnisher shall indemnify, defend and hold harmless Company, and its officers, members, agents, employees, directors, successors
and assigns (collectively, the “Company Indemnitees”), from and against any and all third party claims, liabilities,
losses, damages, injuries, demands, actions, causes of actions, suits, proceedings, judgments, actual out of pocket expenses,
reasonable outside attorneys’ fees, arising from or in connection with: (i) any uncured material breach by Furnisher and/or
Talent of any agreement, representation or warranty made by Furnisher herein; and (ii) any grossly negligent act or omission of
Furnisher and/or Talent, which third party claims are reduced to an adverse judgment in a court of competent jurisdiction or settled
with Furnisher’s written consent.

 

b.
Company shall indemnify, defend and hold harmless Furnisher and Talent, and their respective officers, members, agents, employees,
directors, successors and assigns (collectively, the “Furnisher Indemnitees”), from and against any and all third
party claims, liabilities, losses, damages, injuries, demands, actions, causes of actions, suits, proceedings, judgments, expenses,
reasonable outside attorneys’ fees, arising from or in connection with: (i) any uncured material breach by Company of any
agreement, representation or warranty made by Company herein; (ii) any grossly negligent act or omission of Company, which third
party claims are reduced to an adverse judgment in a court of competent jurisdiction or settled with Company’s written consent;
(iii) the Products, the Brand Product (including without limitation any injury, damage, loss, harm with respect thereto) and the
development, manufacture, distribution, sale, advertising and promotion in connection therewith

 

    	13

     

    

 

15.
Notice and Opportunity to Cure. Except as otherwise set forth herein, neither Party nor Talent shall be deemed in breach
of this Agreement unless the applicable Party or Talent has failed to cure any such breach within thirty (30) days following receipt
of written notice from the non-breaching Party or Talent.

 

16.
Termination. The Term and this Agreement shall terminate on the occurrence of any of the following events:

 

a.
In the event that the Operating Agreement is terminated for any reason.

 

b.
Ten (10) Business Days following the date that either Party gives notice to the other Party of a material breach by such Party
of its duties, obligations, representations or warranties in the Agreement, other than as set forth in clause (c) below.

 

c.
Five (5) Business Days following the date Furnisher gives Company a Payment Failure Notice under Section 5.

 

d.
The Company is subject to dissolution and liquidation under the terms of the Operating Agreement.

 

17.
Citizenship and Immigration. It is understood and agreed that Furnisher will provide Company with all necessary work permits
or certification or proof of citizenship of Talent, and Furnisher hereby represents and warrants that Talent is legally permitted
to perform the Services and Company use of such Services will not violate any laws or regulations pertaining to the employment
of individuals provided Company complies with the terms of this Agreement.

 

18.
Unique Services. Furnisher acknowledge that the services to be rendered by Talent are of a special, unique, unusual, extraordinary,
and intellectual character which gives them a peculiar value, the loss of which may not reasonably or adequately be compensated
for in damages in an action at law, and that, in the event of a breach by Talent of any of the provisions hereof, Company shall
be entitled to seek injunctive and other equitable relief to prevent such breach. The foregoing provisions shall not constitute
a waiver by Company of any right which Company may have to damages or other relief. Nothing herein shall prevent Furnisher or
Talent from opposing any such application.

 

19.
Miscellaneous.

 

a.
This Agreement, together with the Operating Agreement and the exhibits attached thereto and incorporated by reference, constitutes
the sole and entire agreement of the Parties with respect to the subject matter of this Agreement and supersedes all prior and
contemporaneous understandings, agreements, and representations and warranties, both written and oral, with respect to such subject
matter.

 

    	14

     

    

 

b.
All notices, requests, consents, claims, demands, waivers, and other communications hereunder (each, a “Notice”) shall
be in writing and shall be deemed effectively given upon the earlier of: (x) one Business Day after deposit on a Business Day
(or two Business Days, if deposited on a day other than a Business Day) with a nationally recognized courier or overnight service,
specifying next Business Day delivery, with written verification of receipt, (y) five Business Days after deposit with the United
States Postal Service for delivery via first-class registered or certified mail for United States deliveries, or (z) personal
delivery against written receipt therefor. All notices not delivered personally, shall be sent with postage, delivery and other
charges prepaid and properly addressed to the Party to be notified as follows:

 

	If
    to Furnisher or Talent:	Serious
    Promotions, Inc.
	 	c/o
    Sedlmayr & Associates, P.C. 
	 	489
    Fifth Avenue, 30th Floor, 
	 	New
    York, NY 10017
	 	Attn:
    Theodor K. Sedlmayr, Esq.
	 	theo@saentlaw.com
	 	 
	If
    to Company:	Khode,
    LLC
	 	c/o
    CBD Unlimited, Inc.
	 	38246
    North Hazelwood Circle
	 	Cave
    Creek, AZ 85331
	 	Attn:
    Todd Davis
	 	 
	With
    a courtesy copy to:	Peter
    Ginsburg, Esq.
	 	Michelman
    & Robinson LLP
	 	800
    Third Avenue, 24th Floor
	 	New
    York, NY 10022

 

Any
Party and Talent may designate a new address for notices to such Party or Talent by giving notice of such new address in accordance
with this Section 19(b) which new address becoming effective five Business Days following the giving of such notice of new address.

 

c.
No amendment to or modification of this Agreement is effective unless it is in writing and signed by an authorized representative
of both Parties. No waiver by any Party of any of the provisions hereof will be effective unless explicitly set forth in writing
and signed by the Party so waiving. Except as otherwise set forth in this Agreement, no failure to exercise, or delay in exercising,
any rights, remedy, power, or privilege arising from this Agreement will operate or be construed as a waiver thereof; nor will
any single or partial exercise of any right, remedy, power, or privilege hereunder preclude any other or further exercise thereof
or the exercise of any other right, remedy, power, or privilege.

 

    	15

     

    

 

d.
If any provision of this Agreement is invalid, illegal, or unenforceable in any jurisdiction, such invalidity, illegality, or
unenforceability will not affect any other term or provision of this Agreement or invalidate or render unenforceable such term
or provision in any other jurisdiction. Upon such determination that any term or other provision is invalid, illegal, or unenforceable,
the Parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as
closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally
contemplated to the greatest extent possible.

 

e.
Neither Party will be deemed in default of this Agreement to the extent that performance of their or Talent’s respective
obligations or attempts to cure any breach are delayed or prevented by reason of any act of God, fire, natural disaster, epidemic,
pandemic (including without limitation COVID19), public health emergency, riots or other civil unrest, accident, injury or illness
of Talent or immediate family, act of government, war, shortages of materials or supplies, or any other cause beyond the reasonable
control of either Party or Talent (“Force Majeure Event”). In the event of such a Force Majeure Event, the time for
performance or cure will be extended for a period equal to the duration of the Force Majeure Event and the Parties will endeavor
in good faith to reschedule any such delayed performance either Party may terminate this Agreement, provided if any such Force
Majeure Event exceeds ninety (90) consecutive days, either Party may terminate this Agreement.

 

f.
It is the intention of the Parties that the internal laws of the State of New York as the same may be amended from time to time,
shall govern the validity of this Agreement, the construction of its terms and interpretation of the rights and duties of the
Parties.

 

g.
Any controversy or claim arising out of or related to this Agreement, or the breach thereof, shall be settled by final and binding
arbitration administered by the American Arbitration Association (“AAA”) pursuant to the AAA Commercial Arbitration
Rules. The arbitrator shall be a disinterested attorney who has at least twenty (20) years’ experience in disputes relating
to commercial matters and who is appointed in accordance with the rules and procedures of the American Arbitration Association,
and all hearings shall be held in New York, New York. The arbitrator shall be bound to follow Delaware law (including the rules
of evidence) and case precedent. The arbitrator may award the prevailing party all reasonable costs, expenses, attorneys’
fees, experts’ fees and arbitration fees incurred in connection with the arbitration proceeding. Judgment on the award rendered
by the arbitrator may be entered in any federal or state court located in New York, New York or in any court where any party hereto
is located. Adherence to this paragraph regarding arbitration shall not limit the rights of the parties hereto to obtain any provisional
remedy including, without limitation, injunctive or similar relief, from a court of competent jurisdiction as may be necessary
to protect their respective rights and interest pending arbitration. Any party also shall have the right to bring an action in
a court of competent jurisdiction to compel arbitration hereunder or to enforce an arbitration award. The party that prevails
on such a motion shall be entitled to recover all reasonable cost, expenses, attorneys’ fees, experts’ fees incurred
in connection with that motion regardless of whether that party ultimately prevails on the merits of the dispute. Other than for
a proceeding seeking a provisional remedy pending resolution of the dispute, including without limitation a Proceeding for a preliminary
injunction, or a proceeding to enforce an arbitration award, venue for any court proceeding as described above shall be exclusively
in a federal or state court located in New York, New York and the parties hereby submit to personal jurisdiction in such courts.
However, a party may seek a provisional remedy or an order or judgment enforcing an arbitration award in any court of competent
jurisdiction as may be necessary. If any party wishes to appeal any such arbitration award, the parties will follow the AAA Arbitration
Appeal Procedure, as it may be updated from time to time, and the arbitrator(s) hearing such appeal may award the prevailing party
all reasonable costs, expenses, attorneys’ fees, experts’ fees and arbitration fees incurred in connection with the
appellate arbitration proceeding. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, EACH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY
WAIVES TRIAL BY JURY IN ANY ACTION, CLAIM, SUIT OR PROCEEDING RELATING TO THIS AGREEMENT

 

h.
Neither Party may assign or transfer any of its rights or delegate any of its obligations hereunder, in each case whether voluntarily,
involuntarily, by operation of law or otherwise, without the prior written consent of the other Party, which consent will not
be unreasonably withheld, conditioned, or delayed; provided, however, that either Party may assign its rights or delegate its
obligations, in whole or in part, without such consent and upon thirty (30) days prior written notice to the other Party, to an
Affiliate, or to an entity that acquires all or substantially all of the business or assets of such Party to which this Agreement
pertains, whether by merger, reorganization, acquisition, sale, or otherwise. Any purported assignment, transfer, or delegation
in violation of this Section will be null and void. No assignment, transfer, or delegation will relieve the assigning or delegating
Party of any of its obligations hereunder. This Agreement is binding upon and inure to the benefit of the Parties hereto and their
respective permitted successors and assigns.

 

i.
Counterparts. This Agreement may be executed in counterparts and via PDF or electronic signature including DocuSign, each
of which is deemed an original.

 

[Signature
page follows]

 

    	16

     

    

 

 

    	17

     

    

 

INDUCEMENT

 

The
undersigned, Khaled Mohamed Khaled, p/k/a DJ Khaled (“I”, “me”), by his signature below, hereby assents
to the execution of the above agreement (“Agreement”) by Serious Promotions Inc. ( the “Furnishing Company”)
and agrees to be bound by all obligations, restrictions and covenants thereunder relating to Furnisher and my Services. If during
the term of the Agreement, the Furnishing Company becomes unable to furnish my services to the Company in accordance with the
terms of the Agreement for any reason (including, without limitation, Bankruptcy or Dissolution) then I shall notify the Company
promptly in writing, and shall, at the Company’s request, do all such acts and things as shall give the Company the same
rights, privileges and benefits as the Company would have had under the Agreement if the Furnishing Company was able to fulfill
such obligations in accordance with the terms of the Agreement and such rights, privileges and benefits shall be enforceable by
the Company against me and all of the terms and conditions contained in the Agreement shall continue to be effective.

 

I
acknowledge that the Company will have no obligation to make any payments to me in connection with the fulfillment of my obligations
pursuant to the Agreement unless I hereafter notify Company to the contrary or unless, and to the extent that, the Furnishing
Company becomes unable to furnish my services under the Agreement and I perform such services directly for the Company as contemplated
by the preceding paragraph.

 

		 
	KHALED
    MOHAMED KHALED	
	(p/k/a
    DJ Khaled)	 

 

    	18Exhibit
10.4

 

 

RPA

STOCK
PURCHASE AGREEMENT

 

This
STOCK PURCHASE AGREEMENT (the “ Agreement ”), dated as of April 25, 2020, is made by and among Endexx
Corporation and it’s division, CBD Unlimited, Inc., under the laws of Nevada at 38246 N. Hazelwood Circle., Cave Creek
(“ CBDU ”), RPAPIOncB.-oaxka2(R26P0A1)oLwonueidsbvyilSlteep,heKnYH4e0rr2o5n2and
Ronald Cotting (Retail Pro Associates                 ).
(“RPA”), at                                                   ,
are the only “interested parties”.

 

W
I T N E S S E T H:

 

WHEREAS,
the “Shareholder(s)s” owns beneficially and of record all of the issued and outstanding shares of the capital
stock of “RPA” (the “Shares”) in the amounts specified opposite the “Shareholder(s)s”
names on Exhibit A hereto; and

 

WHEREAS,
the “Shareholder(s)” desires to sell, and “CBDU” desires to purchase, all of the Shares on the terms
and subject to the conditions set forth in this Agreement.

 

NOW,
THEREFORE, in consideration of the premises and of the mutual covenants and agreements herein contained and for other good
and valuable consideration, the receipt whereof is hereby acknowledged, the parties hereto agrees as follows:

 

ARTICLE
I

PURCHASE
AND SALE

 

1.1
Purchase and Sale. The Shareholder(s) agree to sell to , and agrees to purchase from the “Shareholder(s)”,
all of the right, title and interest of the Shareholder(s) in and to the Shares at the Closing (as hereinafter defined) on the
terms and subject to the conditions set forth in this Agreement. The Shareholder(s) waive or agree to procure the waiver of any
rights or restrictions conferred upon them or any other person which may exist in relation to the Shares under the organizational
documents of “RPA” or otherwise.

 

1.2
Purchase Price.

 

(a)
The aggregate purchase price (the “Purchase Price”) for the Shares shall be a total of four million restricted
unregistered common shares consisting of:

 

(i)
Four million shares for “RPA” payable after the Closing within 10 business days or per the Transfer Agents normal
processing time.

 

(ii)
such number of unregistered shares of the common stock, par value $0.0001 per share, of CBD Unlimited (the “ CBD Unlimited,
Inc. aka Endexx Treasury Stock ”) (adjusted appropriately for any stock split, stock dividend, recapitalization, reclassification
or similar transaction that is effected or for which a record date occurs). The number of shares of CBD Unlimited, Inc. aka Endexx
Stock issued to each respective Shareholder(s) shall be the Total Stock Value for each Shareholder(s) as set forth on Exhibit
A hereto divided by the Stock Value per Share.

 

    	CBD Unlimited, Inc.	38246 N. Hazelwood, Cave Creek, AZ. 85331	Page 1

     

    

 

 

(b)
Intentionally left blank.

 

(c)
All stock payments hereunder shall be made by the Transfer Agent (American Stock Transfer) on behalf of CBD Unlimited, Inc. a/k/a
Endexx Corporation.

 

1.3
Closing; Conditions.

 

(a)
The sale and transfer of the Shares by the Shareholder(s) to contemplated hereby (the “ Closing ”) shall be
effected by the execution and delivery of documents as hereinafter set forth, by such combination of facsimile, electronic mail
and original documents as the parties may mutually determine, on the third (3rd) business day following the satisfaction or waiver
of all conditions to the obligations of the parties to consummate the transactions contemplated at such time as and the Shareholder(s)
may mutually determine (the date on which the

Closing
shall take place being referred to herein as the “ Closing Date ”).

 

1.4
Closing Deliveries.

 

(a)
At the Closing, the Shareholder(s) shall:

 

(i)
deliver a certificate, dated the Closing Date and executed by the Secretary of “RPA”,

 

(ii)
assign and transfer to all of the Shareholder(s) rights, title and interest in and to the Shares by delivering to all stock certificates
representing the Shares, duly endorsed in blank or accompanied by duly executed assignment document(s);

 

(iii)
deliver confirmations addressed to , in form and content satisfactory to , that all of the directors and the Shareholder(s)s(and
their affiliates) of “RPA” have paid in full all of their indebtedness (if any) owed to “RPA” whether
or not such sums are due for repayment;

 

(iv)
deliver an opinion of United States counsel or key decision makers to “RPA” and the “Shareholder(s)s”,
dated the Closing Date, in form and substance reasonably satisfactory to;

 

(v)
cause “RPA” to deliver to the seals, organizational documents and statutory books, share certificate books, check
books and financial records of “RPA”;

 

(vi)
to the extent not in the possession of “RPA”, deliver all books of account as to customers, licensees, distributors,
suppliers and insurance policies in any way relating to or concerning the business of “RPA”; and

 

(b)
At the Closing, shall deliver the following:

 

(i)
the Purchase Price, including the corporate resolution for the issuance of stock certificates representing the shares of Endexx
Corporation a/k/a CBD Unlimited, Inc. common stock(Stock Symbol: EDXC) issuable to each Shareholder(s) as provided in Section
1.2(a);

 

(ii)
all necessary approvals and consents required for the consummation of the transactions contemplated hereby;

 

    	CBD Unlimited, Inc.	38246 N. Hazelwood, Cave Creek, AZ. 85331	Page 2

     

    

 

 

1.5
Assurances.

 

(a)
As of the date of this Agreement through the Closing, “RPA” will afford the other party and its counsel and
accountants reasonable access to such first party’s books, records and properties upon reasonable notice during normal
business hours and the right to make copies and extracts therefrom, at the sole expense of the requesting party, to the
extent that such access may be reasonably required by the requesting party in connection with the performance of such
party’s due diligence investigation; provided , however , that (i) such right of access shall be
exercised in a way that does not unreasonably interfere with the business or operations of “RPA”, and (ii) shall
only speak with the employees, suppliers, licensors and customers of “RPA” in connection with its due diligence
investigation with the prior written consent of the “Shareholder(s)” Representative.

 

(b)
Except as otherwise provided herein or required in connection with the consummation of the transactions contemplated hereby, from
the date of this Agreement until the earlier of (i) the Closing, (ii) the termination of the transactions contemplated hereby
in writing by and the Shareholder(s) pursuant to the terms of this Agreement, or (iii) April 30th, 2020, the Shareholder(s) will
cause “RPA” to conduct its business in the ordinary course, including, without limitation, refraining from paying
bonuses or providing increases in salary to anyone outside the ordinary course of business and, except in connection with the
payment of tax obligations of the Shareholder(s) arising from or in connection with the income or operations of “RPA”,
paying dividends or making any other form of distribution on the capital of “RPA” without the prior written consent
of .

 

(c)
Following the Closing, “RPA” party will afford CBD Unlimited, Inc. aka Endexx, its counsel and its accountants, during
normal business hours, reasonable access to the books and records with respect to periods prior to the Closing and the right to
make copies and extracts therefrom, at the sole expense of the requesting party, to the extent that such access may be reasonably
required by the requesting party in connection with (i) the preparation of tax returns, (ii) the determination or enforcement
of rights and obligations under this Agreement, (iii) compliance with the requirements of any governmental or regulatory authority,
or (iv) any actual or threatened action or proceeding. Further, each party agrees for a period extending six (6) years after the
Closing Date not to destroy or otherwise dispose of any such books and records unless such party shall first offer in writing
to surrender such books and records to the other party and such other party shall not agree in writing to take possession thereof
during the thirty (30) day period after such offer is made.

 

(d)
At any time or from time to time after the Closing, the Shareholder(s) shall execute and deliver to such other documents and instruments,
provide such materials and information and take such other actions, in each case as may reasonably request and as shall be necessary
to more effectively vest title to the Shares in and, to the full extent permitted by law, put in actual possession and operating
control of “RPA” and its assets and properties and books and records.

 

1.6
Termination.

 

(a)
This Agreement may be terminated, and the transactions contemplated hereby may be abandoned, as follows:

 

(i)
at any time before the Closing, by mutual written agreement of the Shareholder(s) and ;

 

(ii)
at any time before the Closing, by the Shareholder(s) or , (A) in the event of a material breach hereof by the
non-terminating party if such non-terminating party fails to cure such breach within five (5) business days following
notification thereof by the terminating party or (B) upon notification of the non- terminating party by the terminating party
that the satisfaction of any condition to the terminating party’s obligations under this Agreement becomes impossible
or impracticable with the use of commercially reasonable efforts if the failure of such condition to be satisfied is not
caused by a breach hereof by the terminating party; or

 

(iii)
at any time after May 20, 2020 by the Shareholder(s) or upon notification to the non-terminating party by the terminating party
if the Closing shall not have occurred on or before such date and such failure to consummate is not caused by a breach of this
Agreement by the terminating party.

 

(b)
If this Agreement is validly terminated pursuant to Section 1.6(a), then this Agreement will forthwith become null and void, and
there will be no liability or obligation on the part of “RPA”, the Shareholder(s) or (or any of their respective officers,
directors, employees, agents or other representatives), except that (i) upon termination of this Agreement

 

    	CBD Unlimited, Inc.	38246 N. Hazelwood, Cave Creek, AZ. 85331	Page 3

     

    

 

 

ARTICLE
II

 

REPRESENTATIONS
AND WARRANTIES

OF
THE Shareholder(s) AND “RPA”

 

“RPA”
represents and warrants to as follows:

 

2.1
Corporate Existence and Qualification. “RPA” is a Domestic Business Corporation duly incorporated and validly
existing under the laws of the State of Kentucky, and has full corporate power and authority to conduct its business as and to
the extent now conducted and to own, use and lease its assets and properties. “RPA” is duly qualified, licensed or
admitted to do business as a foreign corporation in all legal jurisdictions, which are the only jurisdictions in which the ownership,
use or leasing of its assets and properties, or the conduct or nature of its business, makes such qualification, licensing or
admission necessary, except for those jurisdictions in which the adverse effects of any such failure by “RPA” to be
qualified, licensed or admitted can be eliminated without material cost or expense by “RPA” in becoming qualified,
licensed or admitted.

 

2.2
Capital Stock.

 

(a)
The authorized share capital and/or ownership interest of “RPA” consists solely of

Shareholder(s)

 

(b)
The Shares comprise all issued capital stock of “RPA” as of Closing. The Shares have been issued in compliance with
all applicable federal and state securities laws.

 

(c)
As of Closing, the Shares will be duly authorized, validly issued, outstanding, fully paid and non-assessable. At Closing, the
Shareholder(s) will own the Shares, beneficially and of record, free and clear of all encumbrances. There are no outstanding options
with respect to or other rights to acquire any shares of “RPA” or commitments obligating “RPA” to issue
or transfer from treasury any shares of its capital stock of any class or to make any payments in amounts determined by reference
to the value of “RPA”s stock. The delivery of a corporate resolution certifying that at the Closing representing
the Shares in the manner provided in Section 1.4(a), and the payment of the Purchase Price by therefor, will transfer to good
and valid title to the Shares, free and clear of all encumbrances.

 

(d)
“RPA” does not own, directly or indirectly, any interest or investment (whether equity or debt) in any corporation,
partnership, limited liability “RPA”, business trust or other entity.

 

2.3
Authorization. The Shareholder(s) and “RPA” have full power and authority to enter into this Agreement,
and to carry out the transactions contemplated hereby, this Agreement having been authorized by the Board of Directors of “RPA”.
This Agreement and the representations and obligations contemplated thereby are valid and binding representations and obligations
of the Shareholder(s) and “RPA” enforceable against each in accordance with its terms, except as the same may be limited
by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights of creditors generally.

 

2.4
Governmental Approvals and Filings. To the knowledge of the “Shareholder(s)”, no consent, approval or action
of, filing with or notice to any governmental or regulatory authority on the part of the Shareholder(s) or “RPA” is
required in connection with the execution, delivery and performance of this Agreement or the consummation of the transactions
contemplated hereby, except where the failure to obtain any consent or approval or to give any notice or make any filing would
not have a material adverse effect on the business or condition of “RPA”.

 

2.5
Books and Records. The minute books and other similar records of “RPA” as made available to prior to the
execution of this Agreement and through Closing contain a true and complete record, in all material respects, of all action taken
at all meetings and by all written consents in lieu of meetings of the stockholders, the board of directors and committees of
the board of directors of “RPA”. The stock transfer ledgers and other similar records of “RPA” as made
available to accurately reflect all record transfers prior to the execution of this Agreement in the capital stock of “RPA”.
“RPA” does not have any of its books and records recorded, stored, maintained, operated or otherwise wholly or partly
dependent upon or held by any means (including any electronic, mechanical or photographic process, whether computerized or not)
which (including all means of access thereto and therefrom) are not under the exclusive ownership and direct control of “RPA”.

 

2.6
Financial Statements.

 

(a)
“RPA”s internal unaudited balance sheet and statement of operations for the fiscal year ended December 31,
2019 and Months ending (April 30, 2020) (collectively, the “ Financial Statements ”).

 

(b)
Each of the Financial Statements (including the related notes and schedules) fairly present, in all material respects, the financial
position of “RPA” as of the dates set forth in those Financial Statements, in each case in conformity with United
States Generally Accepted Accounting Principles (“ GAAP ”); provided , however , that the Financial
Statements as of the Financial Statement Date are subject to normal year-end adjustments and related notes and disclosures.

 

    	CBD Unlimited, Inc.	38246 N. Hazelwood, Cave Creek, AZ. 85331	Page 4

     

    

 

 

2.7
No Undisclosed Liabilities. Except as reflected or reserved against in the balance sheets included in the Financial
Statements or in the notes thereto, as of the Closing Date “RPA” has no liabilities other than liabilities (i) incurred
in the ordinary course of business consistent with past practice or (ii) which would not have a material adverse effect on the
business or condition of “RPA”. 

 

2.8
Leases. Section 2.12 of the Disclosure Letter contains an accurate and complete list of all leases pursuant
to which “RPA” leases any real property and any material personal property. To the knowledge of the “Shareholder(s)”,
(i) all such leases are valid, binding and enforceable in accordance with their terms and are in full force and effect; (ii) there
are no existing material defaults by “RPA” or the other party thereunder; and (iii) no material event of default has
occurred which (whether with or without notice, lapse of time or the happening or occurrence of any other event) would constitute
such a default thereunder. All lessors under such leases have consented (where such consent is necessary) to the consummation
of the transactions contemplated by this Agreement. To the knowledge of the “Shareholder(s)”, all leased property
and improvements are free of any material defects.

 

2.9
Bank Accounts. Section 2.13 of the Disclosure Letter sets forth the names and locations of all banks, trust
companies, savings and loan associations and other financial institutions at which “RPA” maintains safe deposit boxes
or accounts of any nature and the names of all persons authorized to draw thereon, make withdrawals therefrom or otherwise have
access thereto.

 

2.10
Legal Proceedings.

 

(a)
There are no actions or proceedings pending or, to the knowledge of the “Shareholder(s)”, threatened against, relating
to or affecting the Shareholder(s) or “RPA” or any of their respective assets and properties which could reasonably
be expected to result in the issuance of an order restraining, enjoining or otherwise prohibiting or making illegal the consummation
of any of the transactions contemplated by this Agreement, and, to the knowledge of the “Shareholder(s)”, there are
no facts or circumstances that could reasonably be expected to give rise to any action or proceeding that would be required to
be disclosed pursuant to the foregoing.

 

(b)
There are no actions or proceedings pending or, to the knowledge of the “Shareholder(s)”, threatened against, relating
to or affecting “RPA” or any of its respective assets and properties which if determined adversely to the Shareholder(s)
or “RPA”, could reasonably be expected to result in an injunction or other equitable relief against the Shareholder(s)
or “RPA” that would interfere in any material respect with “RPA”s business or operations.

 

(c)
A Letter sets forth each instance in which “RPA” (i) is subject to any outstanding injunction, judgment, order,
decree, ruling or charge or (ii) is a party or, to the knowledge of the “Shareholder(s)”, is threatened to be made
a party to, any action, suit, proceeding, hearing or investigation of, in or before any court or quasi-judicial or administrative
agency of any federal, state, local or non-U.S. jurisdiction or before any arbitrator.

 

    	CBD Unlimited, Inc.	38246 N. Hazelwood, Cave Creek, AZ. 85331	Page 5

     

    

 

 

2.11
Taxes.

 

(a)
All material information notices, computations and returns which are required to have been submitted have been submitted by or
on behalf of “RPA” to the Internal Revenue Service or other taxation authority (as appropriate) and all information
notices, computations and tax returns submitted are accurate in all material respects and are not at the date hereof the subject
of any material dispute, and the Shareholder(s) are unaware of any circumstances likely to give rise to any such material dispute.

 

(b)
“RPA” has established on its books and records reserves adequate to pay all taxes not yet due and
payable.

 

(c)
There are no tax liens upon the assets of “RPA”, other than liens for current taxes or governmental assessments not
yet due and payable.

 

(d)
“RPA” has not requested (and no request has been made on “RPA”s behalf) any extension of time within
which to file any tax return.

 

(e)
(i) “RPA” has not entered into any agreements with any taxation authority extending the statute of limitations for
the assessment of taxes; (ii) there have been no audits and there are no ongoing audits or administrative proceedings with respect
to any taxes of “RPA”; and (iii) to the knowledge of the “Shareholder(s)”, no deficiency for any taxes
has been suggested, proposed, asserted or assessed against “RPA”.

 

(f)
No audits or other administrative proceedings or court proceedings are presently pending with regard to any taxes or tax returns
of “RPA”.

 

(g)
“RPA” has not received any written ruling of a taxation authority relating to taxes or entered into any written and
legally binding agreement with any taxation authority relating to taxes.

 

(h)
“RPA” has made available to complete and accurate copies of all tax returns filed by or on behalf of “RPA”
for all taxable periods ending on or after December 31, 2019.

 

(i)
“RPA” is not a party, or subject to, or bound by, any agreements relating to the allocation or sharing of taxes.

 

2.12
Benefit Plans. As set forth, there is not in existence, and no proposal has been announced to establish, any material
retirement, health, death or disability benefit scheme for officers or employees or material obligation to or in respect of present
or former officers or employees or the dependents of any such person with regard to retirement, health, death or disability pursuant
to which “RPA” is or may become liable to make payments, and no material pension or retirement or sickness gratuity
or payment or benefit in connection with loss of office or employment is currently being paid or has been promised by “RPA”
to or in respect of any former officer or former employee or a dependant of any such person. Each of the foregoing has been administered
in material compliance with its requirements and applicable requirements of the Internal Revenue Code of 1986, as amended (the
“ Code ”), and the Employee Retirement Income Security Act of 1974, as amended. There is no litigation and
there are no proceedings before the U.S. Department of Labor or before any other commission or administrative or regulatory authority
pending against “RPA” relating to claim for benefits under any of the foregoing and, to the knowledge of the “Shareholder(s)”,
no such claim has been threatened.

 

    	CBD Unlimited, Inc.	38246 N. Hazelwood, Cave Creek, AZ. 85331	Page 6

     

    

 

 

2.13
Customers and Suppliers. As set forth for the twelve-month period ended April 30, 2020: (a) a list of the amounts
collected from all customers to date of “RPA” by revenue and the type of agreements with such customers; and (b) a
list of the amounts paid to all suppliers of “RPA” for purchases from such suppliers. As of the date of this Agreement,
there has been no material adverse change in the business relationship of “RPA” with any of the customers or since
the Financial Statement Date; provided , however , that acknowledges and agrees that the Shareholder(s) are making
no representation or warranty in this Section 2.12 or otherwise regarding future revenues with respect to any of the foregoing
customers or any other customer or regarding the renewal of any existing customer contracts.

 

2.14
Permits and Other Operating Rights. “RPA” possesses all material permits and other authorizations from
third persons, including, without limitation, federal, foreign, state and local governmental or regulatory authorities, presently
required by applicable provisions of law, including statutes, regulations and existing judicial decisions, and by the property
and contract rights of third persons, necessary to permit “RPA” to operate its business in the manner in which it
presently is being conducted (collectively, “ Permits ”). All of such Permits are in full force and effect
and “RPA” has not committed any material violation of any Permit which has not been cured, except where the lapse
thereof or the occurrence and continuation of such violation would not have a material adverse effect on the business or condition
of “RPA”.

 

2.15
Compliance Within Law. “RPA” is in material compliance with all laws and judicial and governmental orders
applicable to it and its properties and assets, except where the failure to comply would not have a material adverse effect on
the business or condition of “RPA”. “RPA” has not received any notification that it is in violation of
any such laws or orders.

 

ARTICLE
III

REPRESENTATIONS
AND WARRANTIES OF ENDEXX

 

represents
and warrants to the Shareholder(s) as follows:

 

3.1
Corporate Existence and Qualification. is a corporation, duly incorporated and validly existing under the laws of the
State of Nevada and has full corporate power and authority to carry on its business as and to the extent now conducted and to
own, lease and operate its properties and assets. is duly qualified, licensed or admitted to do business, and has properly registered
as such, in any states in which the ownership, use or leasing of its assets and properties, or the conduct or nature of its business,
makes such qualification, licensing or admission necessary, except for those jurisdictions in which the adverse effects of any
such failure by to be qualified, licensed or admitted can be eliminated without material cost or expense by in becoming qualified,
licensed or admitted.

 

3.2
Capital Stock.

 

(a)
The authorized share capital of consists of (i) Preferred stock, $0.001 par value, 10,000,000 shares authorized, (ii) Common
stock, $0.0001 par value, 1,000,000,000 shares authorized, with approximately 382,000,000 of which are issued and
outstanding,

 

(b)
All of the issued and outstanding shares of capital stock of are, and all of the shares of CBD Unlimited, Inc. Stock issuable
to the “Shareholder(s)”, when issued in accordance with this Agreement, will be, duly authorized, validly issued,
outstanding, fully paid and non-assessable and issued in compliance with all applicable federal and state securities laws. The
delivery of certificates at the Closing representing such shares of Endexx a/k/a CBD Unlimited, Inc. Stock issuable to the Shareholder(s)
will transfer to the Shareholder(s) good and valid title to such shares, free and clear of all encumbrances.

 

    	CBD Unlimited, Inc.	38246 N. Hazelwood, Cave Creek, AZ. 85331	Page 7

     

    

 

 

(c)
None of the outstanding shares of capital stock of has been, and none of the shares of CBD Unlimited, Inc. Stock to be issued
to the Shareholder(s) under this Agreement will be, issued in violation of any preemptive rights of the current or past stockholders
of.

 

3.3
Authorization. The execution and delivery of this Agreement and the “RPA” Employment Agreements, and the
performance of its obligations hereunder and thereunder, have been duly and validly authorized by the board of directors of. This
Agreement and “RPA” have been duly and validly executed and delivered by and constitute legal, valid and binding obligations
of enforceable against in accordance with their respective terms, except as the same may be limited by bankruptcy, insolvency,
reorganization, arrangement, moratorium or other similar laws relating to or affecting the rights of creditors generally.

 

3.4
No Violation. The execution and delivery of this Agreement and the performance by of its obligations hereunder and
thereunder and the consummation of the transactions contemplated hereby and thereby will not:

 

(a)
conflict with or result in a violation or breach of any of the terms, conditions or provi- sions of the organizational documents
of;

 

(b)
to the knowledge of, conflict with or result in a violation or breach of any term or provision of any material law or order applicable
to or any of its assets and properties; or

 

(c)
(i) conflict with or result in a violation or breach of, (ii) constitute (with or without notice or lapse of time or both) a default
under, (iii) require to obtain any consent, approval or action of, make any filing with or give any notice to any person as a
result or under the terms of, or (iv) result in the creation or imposition of any encumbrance upon or any of its assets or properties
under, any material contract or license to which is a party or by which any of its assets and properties is bound.

 

3.5
Governmental Approvals and Filings. No consent, approval or action of, filing with or notice to any governmental or
regulatory authority on the part of is required in connection with the execution, delivery and performance of this Agreement or
the consummation of the transactions contemplated hereby.

 

    	CBD Unlimited, Inc.	38246 N. Hazelwood, Cave Creek, AZ. 85331	Page 8

     

    

 

 

ARTICLE
IV

ADDITIONAL
AGREEMENTS OF THE PARTIES

 

4.1
Press Releases. The Shareholder(s) and covenant and agree that prior to the Closing, may issue a press release or other
public announcement or public disclosure related to this Agreement and the transactions contemplated hereby, the text of which
shall be reasonably satisfactory to “RPA” and the “Shareholder(s)”.

 

4.2
Employment of the “Shareholder(s)”; Non-Compete specific to the CBD INDUSTRY ONLY.

 

(a)
In furtherance of the foregoing, “RPA” shall enter into an “RPA” Employment Agreements at the Closing.

 

(b)
Subject to the occurrence of the Closing, each Shareholder(s) undertakes to that such Shareholder(s) will not, for a period terminating
on the later of (i) one (1) year from the date of termination of such Shareholder(s)’s employment with “RPA”
or , or (ii) two (2) years from the Closing Date, as the case may be, without the prior written consent of , directly or indirectly,
whether alone or in conjunction with, or on behalf of any other business, concern or person and whether as a principal, Shareholder(s),
director, employee, agent, consultant, partner or otherwise:

 

(i)
solicit or cause to be solicited any person or entity who was a customer of “RPA” or , or a prospective customer which
had actively pursued with Shareholder(s)’s actual knowledge, to supply goods and/or services which are competitive with
those supplied by “RPA” or ;

 

(ii)
contract with any person or entity who was a customer of “RPA” or for the purpose of supplying goods and/or services
which are competitive with those supplied by “RPA” or;

 

(iii)
solicit or entice away any supplier of goods and/or services to “RPA” or if such solicitation or enticement causes
or could reasonably be expected by such Shareholder(s) to cause such supplier to cease supplying, materially reduce its supply
of, or materially alter the terms upon which it is supplying, those goods and/or services to “RPA” or ;

 

(iv)
work for or be engaged by or (save as the holder of shares or other securities in any “RPA” which is quoted, listed
or otherwise dealt with on a recognized stock exchange or other securities market and which confers not more than 5% of the votes
which could be cast at a general meeting of “RPA” concerned) have an interest in any trade or business which directly
competes with any trade or business carried on by “RPA” as it is being conducted at the time of such Shareholder(s)’s
departure or by ;

 

(v)
solicit or entice away from “RPA” or any employee of “RPA” or employed in a senior or key managerial,
supervisory, technical, sales, marketing or administrative post;

 

(vi)
use in connection with any trade or business any name which includes the name of or “RPA” or any colorable imitation
of them; or

 

(vii)
knowingly attempt to assist any other person in doing any of the foregoing.

 

Notwithstanding
anything in this Agreement to the contrary, each Shareholder(s)’s obligations under this Section 4.2(b) with respect to
the business (including, without limitation, customers, prospective customers as referred to in Section 4.2(b)(i) and suppliers)
of shall be determined based upon’s business (i) as it is being conducted as of the Closing Date and (ii) as it is being
conducted after the Closing Date to the extent conducted in conjunction with or through “RPA”.

 

    	CBD Unlimited, Inc.	38246 N. Hazelwood, Cave Creek, AZ. 85331	Page 9

     

    

 

 

(c)
and the Shareholder(s) agrees that each of the undertakings set out in Section 4.2(b) are separate and severable and enforceable
accordingly, and if any one or more of such undertakings or part of an undertaking is held to be against the public interest or
unlawful or in any way an unreasonable restraint on trade, the remaining undertakings or remaining part of the undertaking shall
continue in full force and effect and shall bind the “Shareholder(s)”.

 

4.3
Repayment of Existing Credit Lines. shall repay in full and terminate the Credit Line as of the Closing Date and, in
connection therewith, obtain releases from the lender thereunder of all collateral and personal guarantees of the Shareholder(s)
securing the Credit Line in a timely manner. The Shareholder(s) shall execute such instruments, provide such materials and information
and take such other actions as may reasonably request to assist in the termination of the Credit Line and the procurement of releases
from the lender. shall not incur any liability to the Shareholder(s) solely by reason of the lender’s inaction or failure
to provide releases in a timely manner.

 

4.4
Adoption of Bonus Plan. See addendum

 

4.5
Furnishing of Information. As long as any Shareholder(s) owns any shares of CBD Unlimited, Inc. aka Endexx Stock issuable
to the Shareholder(s) hereunder, covenants to timely file (or obtain extensions in respect thereof and file within the applicable
grace period) all reports required to be filed by after the date hereof pursuant to the Securities Exchange Act of 1934, as amended
(the “ Exchange Act ”); provided , however , that if is not required to file reports pursuant
to the Exchange Act, then it will prepare and furnish to the Shareholder(s) and make publicly available in accordance with Rule
144(c) under the Securities Act such information as is required for the Shareholder(s) to sell such shares of CBD Unlimited, Inc.
aka Endexx Stock under Rule 144. further covenants that it will take such further action as any Shareholder(s) may reasonably
request, to the extent required from time to time to enable such Shareholder(s) to sell such shares of CBD Unlimited, Inc. aka
Endexx Stock without registration under the Securities Act within the requirements of the exemption provided by Rule 144.

 

4.6
Legend on Certificates. The Shareholder(s) acknowledge that each certificate representing the shares of CBD Unlimited,
Inc. aka Endexx Stock issuable to the Shareholder(s) hereunder shall be imprinted with a legend in the following form until such
time as all restrictions on the disposition of such securities have lapsed or are terminated:

 

“THE
SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES
LAWS OF ANY STATE, OR ANY FOREIGN SECURITIES LAWS, AND, ACCORDINGLY, SUCH SECURITIES MAY NOT BE TRANSFERRED, SOLD, OR OTHERWISE
DISPOSED OF, EXCEPT IN COMPLIANCE WITH THE REGISTRATION OR QUALIFICATION PROVISIONS OF APPLICABLE FEDERAL, STATE, AND FOREIGN
SECURITIES LAWS OR APPLICABLE EXCEPTIONS THEREFROM.”

 

4.7
Preparation of Financial Statements. “RPA” and the Company shall use commercially reasonable efforts to
cause “RPA” independent public accounting firm to complete all financial statements, at the expense of “RPA”.

 

    	CBD Unlimited, Inc.	38246 N. Hazelwood, Cave Creek, AZ. 85331	Page 10

     

    

 

 

ARTICLE
V

TAX
MATTERS

 

5.1
Transfer Taxes. In the case of the transfer of the Shares to, the Shareholder(s) shall pay all stock transfer taxes
arising out of or in connection with the transactions affected pursuant to this Agreement, and shall indemnify, defend, and hold
harmless and “RPA” with respect to same. The Shareholder(s) shall timely file all necessary documentation and tax
returns applicable to the Shareholder(s) with respect to such transfer taxes.

 

5.2
Tax Matters.

 

(a)
“RPA” and the Shareholder(s) covenant and agree that they shall take all steps necessary to employ the so-called “closing
of the books” method to report and pay taxes with respect to the taxable income of “RPA” for 2018/2019 in a
manner consistent with Section 1362(e)(3) of the Code so the taxable income or loss of “RPA” will be reported to each
taxing authority as if “RPA”s taxable year consisted of two separate taxable years, the first of which will
end at the close of business on the day immediately preceding the Closing Date and the second of which will begin on the Closing
Date and will end with the taxable year of .

 

(b)
The Shareholder(s) shall be responsible for preparing all tax returns required to be filed by “RPA” (or by the
Shareholder(s) on its behalf) with respect to periods that end on or before the Closing Date. The Shareholder(s) shall
provide with copies of any such tax returns no later than fifteen (15) days prior to such filing and shall provide with any
reasonable supporting information requested by CBDU.

 

(c)
After the Closing Date, each of , on the one hand, and the “Shareholder(s)”, on the other, shall (i) provide, or cause
to be provided, to each other’s respective officers, employees, representatives and affiliates, such assistance as may reasonably
be requested by any of them in connection with the preparation of any tax return or any audit of “RPA” in respect
of which “RPA” or the “Shareholder(s)”, as the case may be, is responsible and (ii) retain, or cause to
be retained, for so long as any such taxable years or audits shall remain open for adjustments, any records or information which
may be relevant to any such tax returns or audits. The assistance provided for in this Section 6.2(c) shall include each of and
the Shareholder(s)(x) making their agents and employees and the agents and employees of their respective affiliates available
to each other on a mutually convenient basis to provide such assistance as might reasonably be expected to be of use in connection
with any such tax returns or audits and (y) providing, or causing to be provided, such information as might reasonably be expected
to be of use in connection with any such tax returns or audits, including, without limitation, records, returns, schedules, documents,
work papers, opinions, letters or memoranda, or other relevant materials relating thereto.

 

(d)
Each of and the Shareholder(s) shall promptly inform the other of, keep the other regularly apprised of the progress with respect
to, and notify the other in writing not later than fifteen (15) days after the receipt of, any notice of any audit in respect
of any tax return for which it was responsible which could reasonably be expected to affect the tax liability of such other party
for any taxable year.

 

    	CBD Unlimited, Inc.	38246 N. Hazelwood, Cave Creek, AZ. 85331	Page 11

     

    

 

 

5.3
Notices. All notices, demands and other communications required or permitted hereunder shall be made in writing and
shall be deemed to have been duly given if delivered by facsimile (which is confirmed), overnight courier service or hand or mailed,
postage prepaid, certified or registered mail, return receipt requested, and addressed as follows:

 

to
the Shareholder(s) at:

 

to
at:

 

CBD
Unlimited, Inc. aka Endexx Corporation

Attn:
Todd Davis

PO
Box 4317

Cave
Creek, AZ. 85331

 

with
a copy to:

 

Gary
Blum

Law
Offices of Gary L. Blum

3278
Wilshire Blvd, Suite 603

Los
Angeles, Ca. 90010

P:
213-381-7450

F:
213-384-1035

Email:
gblum@gblumlaw.com

www.gblumlaw.com

 

Notice
of change of address shall be effective only when notice thereof is given in accordance with this Section 5.3. All notices
complying with this Section 5.3 shall be deemed to have been received on the date of delivery or confirmed facsimile or on
the third business day after mailing.

 

5.4
Successors and Assigns. This Agreement shall be binding upon and shall inure to the benefit of the parties and their
respective heirs, successors and permitted assigns. may assign any of its rights or obligations under this Agreement to an affiliate
or subsidiary of, but no such assignment shall in any manner relieve of any of its obligations under this Agreement. Neither any
Shareholder(s) nor “RPA” may assign any of his or its rights or obligations under this Agreement without the prior
written consent of.

 

5.5
Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Arizona,
and without reference to any Arizona conflict of laws rule that would result in the application of the laws of a State other than
Arizona. The parties hereto irrevocably submit to the exclusive jurisdiction of the state and federal courts located in the State
of Arizona for the purpose of hearing and determining any dispute arising out of this Agreement.

 

5.6
Counterparts. This Agreement may be executed in any number of counterparts each of which shall be deemed an original,
but all of which together shall constitute one and the same instrument.

 

5.7
Headings. The headings of the Sections and Articles of this Agreement are for reference purposes only and shall not
constitute a part hereof or affect the meaning or interpretation of this Agreement.

 

5.8
Severability. Any term or provision of this Agreement that is held by a court of competent jurisdiction or other authority
to be invalid, void or unenforceable in any situation in any jurisdiction shall not affect the validity or enforceability of the
remaining terms and provisions hereof or the validity or enforceability of the offending term or provision in any other situation
or in any other jurisdiction.

 

5.9
Entire Agreement. This Agreement shall be the final expression of the parties’ agreement with respect to the
subject matter hereof and may not be contradicted by evidence of any prior or contemporaneous agreement.

 

[REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK]

 

    	CBD Unlimited, Inc.	38246 N. Hazelwood, Cave Creek, AZ. 85331	Page 12

     

    

 

 

IN
WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
date first above written.

 

	 	CBD
    Unlimited, Inc. aka Endexx Corporation
	 	 
	 	By:	/s/
    Todd Davis
	 	Name:	Todd
    Davis
	 	Title:	Chief
    Executive Officer & Chairman of the Board

 

	 	Stephen
    Herron, Sr.
	 	 
	 	/s/
    Stephen Herron, Sr.

 

	 	And
	 	 
	 	Ronald
    Cotting
	 	 
	 	/s/
    Ronald Cotting
	 	“RPA”
    Retail Pro Associates

 

[REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK]

 

    	CBD Unlimited, Inc.	38246 N. Hazelwood, Cave Creek, AZ. 85331	Page 13

     

    

 

 

Addendum:
Scope, Milestones, Bonuses

 

Scope
of Work:

 

	1.	Successfully
    Develop and Launch Pet and Equine Division for CBD Unlimited.
	 	*Pet
    and Equine will be our day 1 priority. Become Sales Lead for Pet, Equine.
	2.	Assist
    with the human division, most notably with the Southern Glazers partnership. Drive value with leading the sales efforts, training
    and riding with Southern Glazers reps. Target 15-20% of independents in the first year associated with SGWS.
	3.	Assist
    with Strategy, Operations & Manufacturing, and Special Projects (i.e. finding a suitable partner for the water-soluble
    technology)

 

TERMS:
*Acquisition Price for Retail Pro Associates - 4 Million Shares 

 

	*Salary
    $75,000 annually Ronald Cotting	 	75,000
	*Salary
    $75,000 annually Stephen Herron	 	75,000
	 	 	 
	*10%
    commission on all direct sales for team	 	100,000/1mil
	 	 	 
	*5%
    commission trailer after 1st year on direct sales for team	 	50,000/2-5
    yr.
	 	 	 
	*2%
    commission trailer with sales groups under management	 	20,000/over/mil

 

Milestones/Bonuses
- Year 1

 

	 	1.	*1,000
    Pet & Equine Only Stores within first year
	 	 	 
	 	 	20,000$
    stock bonus at 1000 store count first year
	 	 	 
	 	2.	*10,000
    Total Stores (incremental lift) if we assist with leading sales efforts for Southern Glazers Partnership
	 	 	 
	 	 	TBD:
    to be agreed upon mutually
	 	 	 
	 	3.	*Pet
    & Equine Only - $1M
	 	 	 
	 	 	50k$
    stock bonus price on date of meeting threshhold
	 	 	 
	 	 	 
	 	4.	*Total
    Incremental Income - $5M
	 	 	 
	 	 	4%,
    200k, stock bonus
	 	 	 
	 	5.	Nurture
    and develop an Incubation Partner for the Water Soluble Technology
	 	 	 
	 	 	TBD:
    to be agreed upon mutually

 

    	CBD Unlimited, Inc.	38246 N. Hazelwood, Cave Creek, AZ. 85331	Page 14

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00323-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00323-of-00352.parquet"}]]