Document:

Exhibit
10.52

 

NEITHER
THIS SECURITY NOR THE SECURITIES FOR WHICH THIS SECURITY IS CONVERTIBLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION
OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS
OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE TRANSFEROR
TO SUCH EFFECT, THE SUBSTANCE OF WHICH SHALL BE REASONABLY ACCEPTABLE TO THE COMPANY.

 

CONVERTIBLE
PROMISSORY NOTE

 

 

	Effective
  Date: November 12, 2021	U.S.
  $306,000.00

 

FOR
VALUE RECEIVED, HUMBL, Inc., a Delaware corporation (“Borrower”), promises
to pay to the order of Joy Corbin, an individual, or her successors or assigns (“Lender”),
$306,000.00 and any interest accrued hereunder on the date that is twenty-two (22) months from the Effective Date (the “Maturity
Date”) in accordance with the terms set forth herein and to pay interest on the outstanding balance at the rate of eight percent
(8%) per annum from the Effective Date until the same is paid in full. This Convertible Promissory Note (this “Note”)
is issued and made effective as of November 12, 2021 (the “Effective Date”). Certain capitalized terms used herein
are defined in Attachment 1 attached hereto and incorporated herein by this reference.

 

1.
Payment; Prepayment.

 

1.1.
Payment. All payments owing hereunder shall be in lawful money of the United States of America or Conversion Shares (as defined
below), as provided for herein, and delivered to Lender at the address or bank account furnished to Borrower for that purpose. All payments
shall be applied first to (a) costs of collection, if any, then to (b) fees and charges, if any, then to (c) accrued and unpaid interest,
and thereafter, to (d) principal.

 

1.2.
Prepayment. Borrower may not prepay this Note without Lender’s prior written consent. Notwithstanding the forgoing, this
Note may be prepaid immediately prior to the consummation of a Change of Control, provided that Borrower is provided prior written notice
of such Change of Control to the Lender pursuant to Section 14.

 

     

     

    

 

2.
Security. This Note is unsecured.

 

3.
Lender Optional Conversion.

3.1.
Conversions. Lender has the right at any time after the Effective Date until the outstanding balance has been paid in full, at
its election, to convert (“Conversion”) all or any portion of the outstanding balance into shares (“Conversion
Shares”) of fully paid and non-assessable common stock, $0.00001 par value per share (“Common Stock”), of
Borrower as per the following conversion formula: the number of Conversion Shares equals the amount being converted (the “Conversion
Amount”) divided by the Conversion Price (as defined below). Conversion notices in the form attached hereto as Exhibit A
(each, a “Conversion Notice”) may be delivered from time to time by Lender to Borrower, and all Conversions shall
be cashless and not require further payment from Lender. Borrower shall deliver the Conversion Shares from any Conversion to Lender in
accordance with Section 7 below.

 

3.2.
Conversion Price. The price at which Lender has the right to convert all or any portion of the outstanding balance, including
accrued but unpaid interest, into Common Stock is $0.60 per share of Common Stock (the “Conversion Price”). The Conversion
Price will automatically be adjusted in the event Borrower consummates a stock split, stock combination or other similar change to the
number of outstanding shares of Common Stock.

 

4.
Defaults and Remedies.

 

4.1.
Defaults. The following are events of default under this Note (each, an “Event of Default”): (a) Borrower fails
to pay any principal, interest, fees, charges, or any other amount when due and payable hereunder; (b) Borrower fails to deliver any
Conversion Shares in accordance with the terms hereof; (c) a receiver, trustee or other similar official shall be appointed over Borrower
or a material part of its assets and such appointment shall remain uncontested for twenty (20) days or shall not be dismissed or discharged
within sixty (60) days; (d) Borrower makes a general assignment for the benefit of creditors; (e) Borrower files a petition for relief
under any bankruptcy, insolvency or similar law (domestic or foreign); or (f) an involuntary bankruptcy proceeding is commenced or filed
against Borrower. Notwithstanding the foregoing, the occurrence of any of the foregoing events will not be considered an Event of Default
unless Borrower fails to cure such event within ten (10) Trading Days of its receipt of written notice from Lender.

 

4.2.
Remedies. Following an Event of Default, Lender may accelerate this Note by written notice to Borrower with the outstanding balance
becoming immediately due and payable. Nothing herein shall limit Lender’s right to pursue any other remedies available to it at
law or in equity including, without limitation, a decree of specific performance and/or injunctive relief with respect to Borrower’s
failure to timely deliver Conversion Shares upon Conversion of the Note as required pursuant to the terms hereof.

 

5.
Unconditional Obligation; No Offset. Borrower acknowledges that this Note is an unconditional, valid, binding and enforceable
obligation of Borrower not subject to offset, deduction or counterclaim of any kind. Borrower hereby waives any rights of offset it now
has or may have hereafter against Lender, its successors and assigns, and agrees to make the payments or Conversions called for herein
in accordance with the terms of this Note.

 

6.
Waiver. No waiver of any provision of this Note shall be effective unless it is in the form of a writing signed by the party granting
the waiver. No waiver of any provision or consent to any prohibited action shall constitute a waiver of any other provision or consent
to any other prohibited action, whether or not similar. No waiver or consent shall constitute a continuing waiver or consent or commit
a party to provide a waiver or consent in the future except to the extent specifically set forth in writing.

 

7.
Method of Conversion Share Delivery. On or before the close of business on the seventh (7th) Trading Day following
the date of delivery of a Conversion Notice (the “Delivery Date”), Borrower shall, provided it is DWAC Eligible at
such time, deliver or cause its transfer agent to deliver the applicable Conversion Shares electronically via DWAC to the account designated
by Lender in the applicable Conversion Notice. If Borrower is not DWAC Eligible, it shall deliver to Lender or its broker (as designated
in the Conversion Notice), via reputable overnight courier, a certificate representing the number of shares of Common Stock equal to
the number of Conversion Shares to which Lender shall be entitled, registered in the name of Lender or its designee.

 

     

     

    

 

8.
Ownership Limitation. Notwithstanding anything to the contrary contained in this Note or the other Transaction Documents, Borrower
shall not effect any conversion of this Note to the extent that after giving effect to such conversion would cause Lender (together with
its affiliates) to beneficially own a number of shares exceeding 4.99% of the number of shares of Common Stock outstanding on such date
(including for such purpose the shares of Common Stock issuable upon such issuance). For purposes of this section, beneficial ownership
of Common Stock will be determined pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended.

 

9.
Opinion of Counsel. In the event that an opinion of counsel is needed for any matter related to this Note, Lender shall have such
opinion provided by its counsel.

 

10.
Governing Law; Venue. This Note shall be governed by and construed in accordance with the laws of the State of Delaware applicable
to contracts made and wholly performed in that jurisdiction. Each party hereto submits to the exclusive jurisdiction of any state or
federal court sitting in San Diego County, California in any proceeding arising out of or relating to this Note and agrees that all claims
in respect of the proceeding may be heard and determined in any such court and hereby expressly submits to the personal jurisdiction
and venue of such court for the purposes hereof and expressly waives any claim of improper venue and any claim that such courts are an
inconvenient forum. Each party hereto hereby irrevocably consents to the service of process of any of the aforementioned courts in any
such proceeding by the mailing of copies thereof by registered or certified mail, postage prepaid, to its address as set forth herein,
such service to become effective ten (10) days after such mailing. The parties expressly and irrevocably waive the right to a trial
by jury in any and all actions or proceedings brought with respect to this Note and with respect to any claims arising out of or related
to this Note.

 

11.
Cancellation. After repayment or conversion of the entire outstanding balance, this Note shall be deemed paid in full, shall automatically
be deemed canceled, and shall not be reissued.

 

12.
Amendments. The prior written consent of both parties hereto shall be required for any change or amendment to this Note.

 

13.
Assignments. Neither party may assign this Note without the consent of the other party. Any assignment or assumption in connection
with a Change of Control is subject to Lender’s approval, unless this Note is paid in full in connection with such Change of Control.

 

14.
Notices. Whenever notice is required to be given under this Note, such notice shall be given to such address as has been provided
to the other party. Borrower shall provide Lender with prompt written notice of all actions taken pursuant to this Note, including in
reasonable detail a description of such action and the reason therefor. Without limiting the generality of the foregoing, Borrower will
give written notice to Lender (i) as soon as practicable upon each adjustment of the Conversion Price and the number of Conversion Shares,
setting forth in reasonable detail, and certifying, the calculation of such adjustment(s), (ii) at least fifteen (15) days prior to the
date on which the Company closes its books or takes a record (A) with respect to any dividend or distribution upon the Common Stock,
or (B) for determining rights to vote with respect to any Change of Control, dissolution or liquidation, provided in each case that such
information, and (iii) at least ten (10) Trading Days prior to the consummation of any Change of Control.

 

15.
Severability. If any part of this Note is construed to be in violation of any law, such part shall be modified to achieve the
objective of Borrower and Lender to the fullest extent permitted by law and the balance of this Note shall remain in full force and effect.

 

[Remainder
of page intentionally left blank; signature page follows

 

IN
WITNESS WHEREOF, Borrower has caused this Note to be duly executed as of the Effective Date.

 

	 	BORROWER:
	 	 
	 	HUMBL,
  Inc.
	 	 	 
	 	By:	 
	 	 	Brian
  Foote, CEO

 

ACKNOWLEDGED,
ACCEPTED AND AGREED:

 

LENDER:

 

	By:	 	 
	 	Joy
  Corbin, an individual	 

 

ATTACHMENT
1

DEFINITIONS

 

For
purposes of this Note, the following terms shall have the following meanings:

 

A14.
“DTC” means the Depository Trust Company or any successor thereto.

 

A15.
“DTC/FAST Program” means the DTC’s Fast Automated Securities Transfer program.

 

A16.
“DWAC” means the DTC’s Deposit/Withdrawal at Custodian system.

 

A17.
“DWAC Eligible” means that (a) Borrower’s Common Stock is eligible at DTC for full services pursuant to DTC’s
operational arrangements, including without limitation transfer through DTC’s DWAC system; (b) Borrower has been approved (without
revocation) by DTC’s underwriting department; (c) Borrower’s transfer agent is approved as an agent in the DTC/FAST Program;
(d) the Conversion Shares are otherwise eligible for delivery via DWAC; and (e) Borrower’s transfer agent does not have a policy
prohibiting or limiting delivery of the Conversion Shares via DWAC.

 

A18.
“Trading Day” means any day on which Borrower’s market is open for trading.

 

A19.
“Change of Control” means a merger or consolidation with another entity in which the Company’s stockholders
do not own more than 50% of the outstanding voting power of the surviving entity, or the disposition of all or substantially all of the
Company’s assets.

 

[Remainder
of page intentionally left blank]

 

EXHIBIT
A

 

Joy
Corbin

 

HUMBL,
Inc. Date:

Attn:
Brian Foote

600
B. Street, Suite 300

San
Diego, California 92101

 

CONVERSION
NOTICE

 

The
above-captioned Lender hereby gives notice to HUMBL, Inc., a Delaware corporation (the “Borrower”), pursuant to that
certain Convertible Promissory Note made by Borrower in favor of Lender on November 12, 2021 (the “Note”), that Lender
elects to convert the portion of the Note balance set forth below into fully paid and non-assessable shares of Common Stock of Borrower
as of the date of conversion specified below. Said conversion shall be based on the Conversion Price set forth below. In the event of
a conflict between this Conversion Notice and the Note, the Note shall govern, or, in the alternative, at the election of Lender in its
sole discretion, Lender may provide a new form of Conversion Notice to conform to the Note. Capitalized terms used in this notice without
definition shall have the meanings given to them in the Note.

 

     

     

    

 

A.
Date of Conversion: ____________

B.
Conversion #: ____________

C.
Conversion Amount: ____________

D.
Conversion Price: __________

E.
Conversion Shares: _______________ (C divided by D)

F.
Remaining Outstanding Balance of Note: ____________

 

Please
transfer the Conversion Shares electronically (via DWAC) to the following account:

 

	Broker:
    ____________________ 	 	Address:	 
	DTC#:
    _____________________ 	 	 	 
	Account
    #: __________________	 	 	 
	Account
    Name: _______________	 	 	 

 

To
the extent the Conversion Shares are not able to be delivered to Lender electronically via the DWAC system, deliver all such certificated
shares to Lender via reputable overnight courier after receipt of this Conversion Notice (by facsimile transmission or otherwise) to:

 

_____________________________________

_____________________________________

_____________________________________

 

	Sincerely,	 	 
	Lender:	 	 
	By:	 	 
		Joy
  CorbinExhibit
10.53

 

NEITHER
THIS WARRANT NOR THE SECURITIES ISSUABLE UPON THE EXERCISE HEREOF HAVE BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933,
AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD, PLEDGED, ASSIGNED, OR OTHERWISE
TRANSFERRED UNLESS (1) A REGISTRATION STATEMENT WITH RESPECT THERETO IS EFFECTIVE UNDER THE SECURITIES ACT AND ANY APPLICABLE STATE SECURITIES
LAWS OR (2) THE COMPANY RECEIVES AN OPINION OF COUNSEL TO THE HOLDER OF THIS WARRANT OR SUCH SECURITIES, WHICH COUNSEL AND OPINION ARE
REASONABLY SATISFACTORY TO THE COMPANY, THAT THIS WARRANT OR SUCH SECURITIES, AS APPLICABLE, MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED,
OR OTHERWISE TRANSFERRED IN THE MANNER CONTEMPLATED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR APPLICABLE
STATE SECURITIES LAWS.

HUMBL,
INC.

 

WARRANT
TO PURCHASE SHARES OF COMMON STOCK

 

1. Issuance.
For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by HUMBL,
Inc., a Delaware corporation, its successors and assigns (“Company”), Joy Corbin, an individual, her successors
and/or registered assigns (“Investor”), is hereby granted the right to purchase at any time on or after the Issue
Date (as defined below) until the two-year anniversary of the Issue Date (as defined below) (the “Expiration Date”),
1,000,000 fully paid and non-assessable shares (the “Warrant Shares”) of Company’s common stock, par value $0.00001
per share (the “Common Stock”), as such number may be adjusted from time to time pursuant to the terms and conditions
of this Warrant to Purchase Shares of Common Stock (this “Warrant”).

 

This
Warrant is being issued pursuant to the terms of that certain Securities Purchase Agreement dated November 12, 2021, to which Company
and Investor are parties (as the same may be amended from time to time, the “Purchase Agreement”). Certain capitalized
terms used herein are defined in Attachment 1 attached hereto and incorporated herein by this reference. This Warrant was issued
to Investor on November 12, 2021 (the “Issue Date”).

 

2. Exercise
of Warrant.

 

2.1. General.

 

(a) This
Warrant is exercisable in whole or in part at any time and from time to time commencing on the Issue Date and ending on the Expiration
Date. Such exercise shall be effectuated by submitting to Company (either by delivery to Company or by email or facsimile transmission)
a completed and signed Notice of Exercise substantially in the form attached to this Warrant as Exhibit A (the “Notice
of Exercise”). The date a Notice of Exercise is delivered to Company shall be the “Exercise Date,” provided
that, if such exercise represents the full exercise of the outstanding balance of this Warrant, Investor shall tender this Warrant to
Company within five (5) Trading Days thereafter, but only if the Warrant Shares to be delivered pursuant to the Notice of Exercise have
been delivered to Investor as of such date. The Notice of Exercise shall be executed by Investor and shall indicate the number of Warrant
Shares to be issued pursuant to such exercise

 

    	 

    	 

    

 

(b) The
Exercise Price per share of Common Stock for the Warrant Shares shall be payable, at the election of Investor, in cash or by certified
or official bank check or by wire transfer in accordance with instructions provided by Company at the request of Investor.

 

(c) Upon
the appropriate payment to Company of the Exercise Price for the Warrant Shares, Company shall promptly, but in no case later than the
date that is ten (10) Trading Days following the date the Exercise Price is paid to Company (the “Delivery Date”),
deliver or cause Company’s Transfer Agent to deliver the applicable Warrant Shares electronically via the DWAC system to the account
designated by Investor on the Notice of Exercise. If for any reason Company is not able to so deliver the Warrant Shares via the DWAC
system, Company shall instead, on or before the applicable date set forth above in this subsection, issue and deliver to Investor or
its broker (as designated in the Notice of Exercise), via reputable overnight courier, a certificate, registered in the name of Investor
or its designee, representing the applicable number of Warrant Shares.

 

(d) In
no event may this Warrant be net cash settled.

 

2.2. Ownership
Limitation. Notwithstanding anything to the contrary contained in this Warrant, if at any time Lender shall or would be issued shares
of Common Stock under this Warrant, but such issuance would cause Lender (together with its affiliates) to beneficially own a number
of shares exceeding 4.99% of the number of shares of Common Stock outstanding on such date (including for such purpose the shares of
Common Stock issuable upon such issuance) (the “Maximum Percentage”), then Borrower shall not issue to Lender shares
of Common Stock which would exceed the Maximum Percentage. The ownership limitation is enforceable, unconditional and non-waivable and
shall apply to all affiliates and assigns of Lender.

 

3. Mutilation
or Loss of Warrant. Upon receipt by Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of this
Warrant, and (in the case of loss, theft or destruction) receipt of reasonably satisfactory indemnification, and (in the case of mutilation)
upon surrender and cancellation of this Warrant, Company will execute and deliver to Investor a new Warrant of like tenor and date and
any such lost, stolen, destroyed or mutilated Warrant shall thereupon become void.

 

4. Rights
of Investor. Investor shall not, by virtue of this Warrant alone, be entitled to any rights of a stockholder in Company, either at
law or in equity, and the rights of Investor with respect to or arising under this Warrant are limited to those expressed in this Warrant
and are not enforceable against Company except to the extent set forth herein

 

5. Adjustments.
If Company shall issue any shares of Common Stock as a stock dividend or subdivide the number of outstanding shares of Common Stock into
a greater number of shares, then, in either such case, the Exercise Price in effect before such dividend or subdivision shall be proportionately
reduced and the number of Warrant Shares at that time issuable pursuant to the exercise of this Warrant shall be proportionately increased;
and, conversely, if Company shall contract the number of outstanding shares of Common Stock by combining such shares into a smaller number
of shares, then the Exercise Price in effect before such combination shall be proportionately increased and the number of Warrant Shares
at that time issuable pursuant to the exercise or conversion of this Warrant shall be proportionately decreased. Each adjustment in the
number of shares of Warrant Stock issuable shall be to the nearest whole share.

 

    	 

    	 

    

 

6. Certificate
as to Adjustments. In the case of any adjustment in the Exercise Price or Warrant Shares, Company will promptly give written notice
to Investor in the form of a certificate, certified and confirmed by an officer of the Company, setting forth the adjustment in reasonable
detail.

 

7. Transfer
to Comply with the Securities Act. This Warrant and the Warrant Shares have not been registered under the Securities Act of 1933,
as amended (the “1933 Act”). The Warrant Shares may not be sold, transferred, pledged or hypothecated without (a)
an effective registration statement under the 1933 Act relating to such security or (b) an opinion of counsel reasonably satisfactory
to Company that registration is not required under the 1933 Act. Until such time as registration has occurred under the 1933 Act, each
certificate for this Warrant and any Warrant Shares shall contain a legend, in form and substance satisfactory to counsel for Company,
setting forth the restrictions on transfer contained in this Section 7. This Warrant may be transferred by Investor so long as such transfer
is done in compliance with applicable securities laws. Upon receipt of a duly executed assignment of this Warrant, Company shall register
the transferee thereon as the new holder on the books and records of Company and such transferee shall be deemed a “registered
holder” or “registered assign” for all purposes hereunder, and shall have all the rights of Investor under this Warrant.
Until this Warrant is transferred on the books of Company, Company may treat Investor as the absolute owner hereof for all purposes,
notwithstanding any notice to the contrary

 

8. Notices.
Any notice required or permitted hereunder shall be given in the manner provided in the subsection titled “Notices” in the
Purchase Agreement, the terms of which are incorporated herein by reference. Company shall provide Investor with prompt written notice
of all actions taken pursuant to this Warrant, including in reasonable detail a description of such action and the reason therefor. Without
limiting the generality of the foregoing, Company will give written notice to Investor (i) as soon as practicable upon each adjustment
of the Exercise Price and the number of Warrant Shares, setting forth in reasonable detail, and certifying, the calculation of such adjustment(s),
(ii) at least fifteen (15) days prior to the date on which the Company closes its books or takes a record (A) with respect to any dividend
or distribution upon the Common Stock, or (B) for determining rights to vote with respect to any Change of Control, dissolution or liquidation,
provided in each case that such information, and (iii) at least ten (10) Trading Days prior to the consummation of any Change of Control.

 

9. Supplements
and Amendments; Whole Agreement. This Warrant may be amended or supplemented only by an instrument in writing signed by the parties
hereto. This Warrant, together with the Purchase Agreement, contains the full understanding of the parties hereto with respect to the
subject matter hereof and thereof and there are no representations, warranties, agreements or understandings with respect to the subject
matter hereof and thereof other than as expressly contained herein and therein.

 

10. Governing
Law; Venue. This Warrant shall be construed and enforced in accordance with, and all questions concerning the construction, validity,
interpretation and performance of this Warrant shall be governed by, the internal laws of the State of Delaware, without giving effect
to any choice of law or conflict of law provision or rule that would cause the application of the laws of any jurisdiction other than
the State of Delaware. Any action brought by either party against the other concerning the transactions contemplated by this Agreement
shall be brought only in the state and federal courts in San Diego County, California. The parties to this Agreement hereby irrevocably
waive any objection to jurisdiction and venue of any action instituted hereunder and shall not assert any defense based on lack of jurisdiction
or venue or based upon forum non conveniens. The prevailing party in any dispute arising under this Agreement shall be entitled to recover
from the other party its reasonable attorney’s fees and costs.

 

11. Waiver
of Jury Trial. EACH OF COMPANY AND INVESTOR IRREVOCABLY WAIVES ANY AND ALL RIGHTS IT MAY HAVE TO DEMAND THAT ANY ACTION, PROCEEDING
OR COUNTERCLAIM ARISING OUT OF OR IN ANY WAY RELATED TO THIS WARRANT OR THE RELATIONSHIPS OF THE PARTIES HERETO BE TRIED BY JURY. THIS
WAIVER EXTENDS TO ANY AND ALL RIGHTS TO DEMAND A TRIAL BY JURY ARISING UNDER COMMON LAW OR ANY APPLICABLE STATUTE, LAW, RULE OR REGULATION.
FURTHER, COMPANY ACKNOWLEDGES THAT IT IS KNOWINGLY AND VOLUNTARILY WAIVING ITS RIGHT TO DEMAND TRIAL BY JURY.

 

12. Counterparts.
This Warrant may be executed in any number of counterparts and each of such counterparts shall for all purposes be deemed to be an original,
and all such counterparts shall together constitute but one and the same instrument. Electronic signatures shall be considered original
signatures for all purposes hereof.

 

13. Attorneys’
Fees. In the event of any litigation or dispute arising from this Warrant, the parties agree that the prevailing party shall be entitled
to an additional award of the full amount of the reasonable attorneys’ fees and expenses paid by said prevailing party in connection
with litigation or dispute.

 

14. Severability.
Whenever possible, each provision of this Warrant shall be interpreted in such a manner as to be effective and valid under applicable
law, but if any provision of this Warrant shall be invalid or unenforceable in any jurisdiction, such provision shall be modified to
achieve the objective of the parties to the fullest extent permitted and such invalidity or unenforceability shall not affect the validity
or enforceability of the remainder of this Warrant or the validity or enforceability of this Warrant in any other jurisdiction.

 

[Remainder
of page intentionally left blank; signature page follows]

 

IN
WITNESS WHEREOF, Company has caused this Warrant to be duly executed as of the Issue Date.

 

	 	COMPANY:
	 	 	 
	 	HUMBL,
  INC.
	 	 	 
	 	By:	 
	 	 	Brian
  Foote, CEO

 

    	 

    	 

    

 

ATTACHMENT
1

DEFINITIONS

 

For
purposes of this Warrant, the following terms shall have the following meanings:

 

A1.
“Change of Control” means a merger or consolidation with another entity in which the Company’s stockholders
do not own more than 50% of the outstanding voting power of the surviving entity, or the disposition of all or substantially all of the
Company’s assets.

 

A2.
“DTC” means the Depository Trust Company or any successor thereto.

 

A3.
“DTC Eligible” means, with respect to the Common Stock, that such Common Stock is eligible to be deposited in certificate
form at the DTC, cleared and converted into electronic shares by the DTC and held in the name of the clearing firm servicing Investor’s
brokerage firm for the benefit of Investor.

 

A4.
“DTC/FAST Program” means the DTC’s Fast Automated Securities Transfer program.

 

A5.
“DWAC” means the DTC’s Deposit/Withdrawal at Custodian system.

 

A6.
“Exercise Price” means $0.60 per share of Common Stock, as the same may be adjusted from time to time pursuant to
the terms and conditions of this Warrant.

 

A7.
“Trading Day” means any day the New York Stock Exchange is open for trading.

 

    	 

    	 

    

 

EXHIBIT
A

 

NOTICE
OF EXERCISE OF WARRANT

 

	TO:	HUMBL,
  INC.
	 	ATTN:
  _______________
	 	VIA
  FAX TO: ( )______________ EMAIL: ______________

 

The
undersigned hereby irrevocably elects to exercise the right, represented by the Warrant to Purchase Shares of Common Stock dated as of
November 12, 2021 (the “Warrant”), to purchase shares of the common stock, $0.00001 par value (“Common Stock”),
of HUMBL, Inc., and tenders herewith payment in accordance with Section 2 of the Warrant, as follows:

 

Warrant
Shares: _______________________

 

Exercise
Price: $_______________________

 

Purchase
Price: $___________________ = (Exercise Price x Warrant Shares)

 

Payment
is being made by:

	 	_____	enclosed
  check
	 	_____	wire
  transfer
	 	_____	other

 

Capitalized
terms used but not otherwise defined herein shall have the meanings ascribed to them in the Warrant.

 

It
is the intention of Investor to comply with the provisions of Section 2.2 of the Warrant regarding certain limits on Investor’s
right to receive shares thereunder. Investor believes this exercise complies with the provisions of such Section 2.2. Nonetheless, to
the extent that, pursuant to the exercise effected hereby, Investor would receive more shares of Common Stock than permitted under Section
2.2, Company shall not be obligated and shall not issue to Investor such excess shares until such time, if ever, that Investor could
receive such excess shares without violating, and in full compliance with, Section 2.2 of the Warrant.

 

As
contemplated by the Warrant, this Notice of Exercise is being sent by email to the officer indicated above.

 

If
this Notice of Exercise represents the full exercise of the entire Warrant, Investor will surrender (or cause to be surrendered) the
Warrant to Company at the address indicated above by express courier within five (5) Trading Days after the Warrant Shares to be delivered
pursuant to this Notice of Exercise have been delivered to Investor.

 

To
the extent the Warrant Shares are not able to be delivered to Investor via the DWAC system, please deliver certificates representing
the Warrant Shares to Investor via reputable overnight courier after receipt of this Notice of Exercise (by facsimile transmission or
otherwise) to:

 

_____________________________________

_____________________________________

_____________________________________

 

Dated:
_____________________

 

___________________________

[Name
of Investor]

 

By:________________________

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