Document:

Exhibit 10.13

 

NEITHER THIS WARRANT NOR THE COMMON STOCK THAT
MAY BE ACQUIRED UPON THE EXERCISE HEREOF (“WARRANT SHARES”) HAS BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(“SECURITIES ACT”), OR UNDER THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE SOLD, PLEDGED, TRANSFERRED OR ASSIGNED IN THE
ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT WITH RESPECT THERETO UNDER THE SECURITIES ACT AND COMPLIANCE WITH ANY APPLICABLE STATE
SECURITIES LAW, OR UNLESS THE COMPANY RECEIVES AN OPINION OF COUNSEL, SATISFACTORY TO THE COMPANY, THAT SUCH REGISTRATION IS NOT REQUIRED.
THIS WARRANT ALSO CONTAINS CERTAIN RESTRICTIONS REGARDING THE TRANSFER OF THIS WARRANT AND/OR THE WARRANT SHARES.

 

CORPHOUSING GROUP INC.

 

WARRANT FOR THE PURCHASE OF

COMMON STOCK

 

CorpHousing Group Inc., a Delaware corporation
(“Company”), anticipates undertaking the completion of an initial public offering of the Company’s common stock (“IPO”).
This Warrant shall become effective only, and automatically, up on consummation of the IPO.

 

The Company hereby certifies that for value received,
____________, or its registered assigns (“Registered Holder” or “Holder”), with a principal address of ___________________,
is entitled, subject to the terms set forth below, to purchase from the Company, at any time or from time to time commencing on the date
of the consummation of an IPO (the “Effective Date”) and terminating at 5:00 p.m., New York City time on the fifth anniversary
thereof, ___________ shares of common stock of the Company (“Common Stock”), at an exercise price equal to 105% of the per-unit
public offering price in the IPO.

 

The number of shares of Common Stock purchasable
upon exercise of this Warrant, and the exercise price per share, each as adjusted from time to time pursuant to the provisions of this
Warrant, are hereinafter referred to as the “Warrant Shares” and the “Exercise Price,” respectively.

 

1.                 
Exercise.

 

(a)               
This Warrant may be exercised by the Registered Holder, in whole or in part, by the surrender of this Warrant (with the
Notice of Exercise Form attached hereto duly executed by such Registered Holder) at the principal office of the Company, or at such other
office or agency as the Company may designate, accompanied by payment in full, in lawful money of the United States, of an amount equal
to the then applicable Exercise Price multiplied by the number of Warrant Shares then being purchased upon such exercise, subject to the
cashless exercise provisions set forth in Section 2.3(b) of this Warrant.

 

(b)                Each
exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the day on which this
Warrant shall have been surrendered to the Company as provided in subsection 1(a) above, if so surrendered prior to 5:00 p.m., New
York City time, or if surrendered after 5:00 p.m., New York City time, as of the next business day. At such time, the person or
persons in whose name or names any certificates for Warrant Shares shall be issuable upon such exercise as provided in subsection
1(c), below, shall be deemed to have become the holder or holders of record of the Warrant Shares represented by such
certificates.

 

     

     

    

 

(c)               
Unless exercising this Warrant in its entirety (or the then existing remainder of this Warrant in its entirety), exercises
hereunder shall be only in full share increments. Within five (5) business days after the exercise of the purchase right represented by
this Warrant, the Company at its expense will use its best efforts to cause to be issued in the name of, and delivered to, the Registered
Holder, or, subject to the terms and conditions hereof (including the requirement that there be a registration statement then in effect
with respect to transfers or an exemption therefrom), to such other individual or entity as such Holder (upon payment by such Holder of
any applicable transfer taxes) may direct:

 

(i)                
a certificate or certificates for the number of full Warrant Shares to which such Registered Holder shall be entitled upon
such exercise (and, in lieu of any fractional share to which such Registered Holder would otherwise be entitled, cash in an amount determined
pursuant to Section 3 hereof), and

 

(ii)              
in case such exercise is in part only, a new warrant or warrants (dated the date hereof) of like tenor, stating on the face
or faces thereof the number of shares currently stated on the face of this Warrant minus the number of such shares purchased by the Registered
Holder upon such exercise as provided in subsection 1(a) above.

 

2.                 
Adjustments; Conversions.

 

2.1             
Adjustments to Exercise Price and Number of Shares. The Exercise Price and the number of shares of Common Stock underlying
this Warrant shall be subject to adjustment from time to time as hereinafter set forth:

 

(i)                
Stock Dividends - Recapitalization, Reclassification, Split-Ups. If, after the date hereof, the number of outstanding
shares of Common Stock is increased by a stock dividend on the Common Stock payable in shares of Common Stock or by a split-up, recapitalization
or reclassification of shares of Common Stock or other similar event, then, on the effective date thereof, the number of shares of Common
Stock issuable on exercise of this Warrant shall be increased in proportion to such increase in outstanding shares.

 

(ii)              
Aggregation of Shares. If after the date hereof, the number of outstanding shares of Common Stock is decreased by
a consolidation, combination or reclassification of shares of Common Stock or other similar event, then, upon the effective date thereof,
the number of shares of Common Stock issuable on exercise of this Warrant shall be decreased in proportion to such decrease in outstanding
shares.

 

(iii)             Adjustments
in Exercise Price. Whenever the number of shares of Common Stock purchasable upon the exercise of this Warrant is adjusted, as
provided in this Section, the Exercise Price shall be adjusted (to the nearest cent) by multiplying such Exercise Price immediately
prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Common Stock purchasable upon the
exercise of this Warrant immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of
Common Stock so purchasable immediately thereafter.

 

    2 

     

    

 

(iv)             
Price Reduction; Exercise Period Extension. Notwithstanding any other provision set forth in this Warrant, at any
time and from time to time during the period that this Warrant is exercisable, the Company in its sole discretion may reduce the Exercise
Price or extend the period during which this Warrant is exercisable.

 

(v)               
No Impairment. The Company will not, by amendment of its Certificate of Incorporation, as amended, or through any
reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities or any other voluntary action, avoid
or seek to avoid the observance or performance of any of the terms to be observed or performed hereunder by the Company but will at all
times in good faith assist in the carrying out of all the provisions of this Section and in the taking of all such actions as may be necessary
or appropriate in order to protect against impairment of the rights of the Holder of this Warrant to adjustments in the Exercise Price.

 

2.2             
Replacement of Shares Upon Reorganization, etc. In case of any reclassification or reorganization of the outstanding shares
of Common Stock, or in the case of any merger or consolidation of the Company with or into another corporation (other than a consolidation
or merger in which the Company is the continuing corporation and which does not result in any reclassification or reorganization of the
outstanding shares of Common Stock), or in the case of any sale or conveyance to another corporation or entity of the property of the
Company as an entirety or substantially as an entirety in connection with which the Company is dissolved, the Holder of this Warrant shall
have the right thereafter (until the expiration of the right of exercise of this Warrant) to receive upon the exercise hereof, for the
same aggregate Exercise Price payable hereunder immediately prior to such event, the kind and amount of shares of stock or other securities
or property (including cash) receivable upon such reclassification, reorganization, merger or consolidation, or upon a dissolution following
any such sale or other transfer, by a Holder of the number of shares of Common Stock of the Company obtainable upon exercise of this Warrant
immediately prior to such event.

 

2.3             
Restrictions on Transfers; Lock-Up; Cashless Exercise.

 

(a)                The
Registered Holder hereby agrees that this Warrant and the shares of Common Stock issuable upon exercise of this Warrant shall not be
transferrable except for Permitted Transfers (made in further accordance with Section 4 below). “Permitted Transfers”
mean transfers of this Warrant or the Warrant Shares (a) to affiliates of the Registered Holder provided that the transferee agrees
to be bound in writing by the transfer restrictions set forth herein, (b) during the Registered Holder’s lifetime or on the
Registered Holder’s death, by gift, will or intestate succession, or by judicial decree, provided, that the transferee agrees
to be bound in writing by the transfer restrictions set forth herein or (c) made by the Registered Holder in private or market sales
following the end of the Lock-Up Period. The “Lock-Up Period” means the lock-up period agreed to by all executive
officers and directors of the Company and the underwriter of the IPO; provided, that the applicable underwriter or placement agent
may shorten or waive this lock-up at its sole discretion. Notwithstanding anything to the contrary, if this Warrant or the Warrant
Shares or any portion thereof are included for resale in the IPO by the Company, the portion of same so included in the offering
shall not be subject to lock-up.

 

    3 

     

    

 

(b)               
Notwithstanding anything contained herein to the contrary, at any time the Common Stock is traded, listed or quoted on a
U.S. trading market or electronic exchange, the holder of this Warrant may, in its sole discretion, in lieu of making the cash payment
otherwise contemplated to be made to the Company upon such exercise in payment of the aggregate Exercise Price, elect instead to receive
upon such exercise the “Net Number” of shares of Common Stock determined according to the following formula:

 

Net Number = [(A x B) - (A x C)] / B

 

For purposes of the foregoing formula:

 

A= the total number of shares with respect
to which the Warrant is then being exercised.

 

B= the arithmetic average of the last sale
price of the shares of Common Stock for the five (5) consecutive trading days ending on the date immediately preceding the date of the
Notice of Exercise, as reported by the principal market or exchange on which the common stock is traded, listed or quoted..

 

C= the Exercise Price then in effect for
the applicable Warrant Shares at the time of such exercise.

 

2.4       Notice
of Adjustment or Conversion. Upon the happening of any event requiring an adjustment of the Exercise Price hereunder, or a conversion
of the Warrant or any other material change, the Company shall forthwith give written notice thereto to the Registered Holder of this
Warrant stating, in the case of an adjustment, the adjusted Exercise Price and the adjusted number of Warrant Shares, or in the case of
a conversion, reasonably detailed instruction on how to surrender this Warrant, and setting forth such other detail as the Company reasonably
deems appropriate.

 

3.                 
Fractional Shares. The Company shall not be required upon the exercise of this Warrant to issue any fractional shares, but
shall make an adjustment thereof in cash on the basis of the last sale price of the Company’s Common Stock on the over-the-counter
market or on a national securities exchange on the trading day immediately prior to the date of exercise, whichever is applicable, or
if neither is applicable, then on the basis of the then fair market value of the Company’s Common Stock as shall be reasonably determined
by the Board of Directors of the Company.

 

4.                  Limitation
on Sales. Further to the restrictions set forth in Section 2.3, above, each holder of this Warrant acknowledges that this
Warrant and the Warrant Shares have not been registered under the Securities Act, as of the date of issuance hereof and agrees not
to sell, pledge, distribute, offer for sale, transfer or otherwise dispose of this Warrant, or any Warrant Shares issued upon its
exercise, in the absence of (i) an effective registration statement under the Securities Act as to this Warrant or such Warrant
Shares and registration or qualification of this Warrant or such Warrant Shares under any applicable Blue Sky or state securities
law then in effect or (ii) an opinion of counsel, satisfactory to the Company, that such registration and qualification are not
required.

 

    4 

     

    

 

Without limiting the generality
of the foregoing, unless the offering and sale of the Warrant Shares to be issued upon the particular exercise of the Warrant shall have
been effectively registered under the Securities Act, the Company shall be under no obligation to issue the shares covered by such exercise
unless and until the Registered Holder shall have executed an investment letter in form and substance satisfactory to the Company, including
a covenant at the time of such exercise that it is acquiring such shares for its own account, and will not transfer the Warrant Shares
unless pursuant to an effective and current registration statement under the Securities Act or an exemption from the registration requirements
of the Securities Act and any other applicable restrictions, in which event the Registered Holder shall be bound by the provisions of
a legend or legends to such effect which shall be endorsed upon the certificate(s) representing the Warrant Shares issued pursuant to
such exercise. In such event, the Warrant Shares issued upon exercise hereof shall be imprinted with a legend in substantially the following
form:

 

“THIS SECURITY HAS NOT BEEN REGISTERED
UNDER THE SECURITIES ACT OR APPLICABLE STATE SECURITIES LAWS, AND MAY NOT BE SOLD, PLEDGED OR OTHERWISE TRANSFERRED WITHOUT AN EFFECTIVE
REGISTRATION THEREOF UNDER SUCH ACT OR PURSUANT TO AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT OR APPLICABLE
STATE SECURITIES LAWS, SUPPORTED BY AN OPINION OF COUNSEL, REASONABLY SATISFACTORY TO THE COMPANY AND ITS COUNSEL, THAT SUCH REGISTRATION
IS NOT REQUIRED.”

 

5.                 
[Reserved]

 

6.                 
Reservation of Stock. The Company will at all times reserve and keep available, solely for issuance and delivery upon the
exercise of this Warrant, that number of Warrant Shares and other stock, securities and property, as from time to time shall be issuable
upon the exercise of this Warrant.

 

7.                 
Replacement of Warrants. Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction
or mutilation of this Warrant and (in the case of loss, theft or destruction) upon delivery of an indemnity agreement (with surety if
reasonably required) in an amount reasonably satisfactory to the Company, or (in the case of mutilation) upon surrender and cancellation
of this Warrant, the Company will issue, in lieu thereof, a new Warrant of like tenor.

 

8.                 
Transfers, etc.

 

(a)               
The Company will maintain a register containing the names and addresses of the Registered Holders of this Warrant. Any Registered
Holder may change its, his or her address as shown on the warrant register by written notice to the Company requesting such change.

 

(b)                Until
any transfer of this Warrant is made in the warrant register, the Company may treat the Registered Holder of this Warrant as the
absolute owner hereof for all purposes; provided, however, that if and when this Warrant is properly assigned in blank, the Company
may (but shall not be obligated to) treat the bearer hereof as the absolute owner hereof for all purposes, notwithstanding any
notice to the contrary.

 

    5 

     

    

 

9.                No
Rights as Stockholder. Except as otherwise provided herein, until the exercise of this Warrant, the Registered Holder of this Warrant
shall not have or exercise any rights by virtue hereof as a stockholder of the Company.

 

10.             
Successors. The rights and obligations of the parties to this Warrant will inure to the benefit of and be binding upon the
parties hereto and their respective heirs, successors, assigns, pledgees, transferees and purchasers. Without limiting the foregoing,
the registration rights set forth in this Warrant shall inure to the benefit of the Registered Holder and all the Registered Holder’s
successors, heirs, pledgees, assignees, transferees and purchasers of this Warrant and the Warrant Shares.

 

11.             
Change or Waiver. Any term of this Warrant may be changed or waived only by an instrument in writing signed by the party
against which enforcement of the change or waiver is sought.

 

12.             
Headings. The headings in this Warrant are for purposes of reference only and shall not limit or otherwise affect the meaning
of any provision of this Warrant.

 

13.             
Governing Law. This Warrant shall be governed and construed in accordance with the internal law of the State of Delaware
without giving effect to choice of law principles. The Company and each other party liable herefor, in any litigation in which Holder
shall be an adverse party, waives trial by jury, waives the right to claim that the forum or venue specified herein is an inconvenient
forum or venue and waives the right to interpose any setoff, deduction or counterclaim of any nature or description, and irrevocably consents
to the jurisdiction of the New York State Supreme Court, County of New York, and the United States District Court for the Southern District
of New York in any such suit, action or proceeding, and each party further agrees to accept and acknowledge service of any and all process
which may be served upon it in any such suit, action or proceeding certified mail to the address as set forth on the first page of this
Warrant.

 

14.             
Registration Rights. The Holder shall have the registration rights set forth on Exhibit A hereto.

 

    6 

     

    

 

15.             
Mailing of Notices, etc. All notices and other communications under this Warrant (except payment) shall be in writing and
shall be sufficiently given if delivered to the addressees in person, by Federal Express or similar receipt delivery, or if mailed, postage
prepaid, by certified mail, return receipt requested, or by electronic mail transmission, as follows:

 

Registered Holder:

 

To his or her address on page
1 of this Warrant

 

The Company:

 

CorpHousing Group Inc.

2125 Biscayne Blvd

Suite 253

Miami, Florida 33137

Attn: CEO

Email: brian@corphousinggroup.com

 

In either case, with copies to:

 

Graubard Miller

 

The Chrysler Building

405 Lexington Avenue

New York, New York 10174

Attn: Brian L. Ross, Esq.

Email: bross@graubard.com

 

or to such other address as any of them, by notice
to the others may designate from time to time. Time shall be counted to, or from, as the case may be, the delivery in person or by mailing.

 

IN WITNESS WHEREOF, this Warrant
has been executed and delivered on the date specified above on behalf of the Company by the duly authorized representative of the Company.

 

	 	CORPHOUSING GROUP INC.

 

		By:	

		Title:	

 

    7 

     

    

 

NOTICE OF EXERCISE

 

	To:	CorpHousing Group Inc.

 

(1)           The
undersigned hereby elects to exercise Warrant No. (the “Warrant”) with respect to ____________ shares of Common Stock,
pursuant to the terms of the Warrant, and tenders herewith or will tender within the time period specified in the Warrant payment of
the exercise price in full (or has elected below to exercise the Warrant on a cashless basis), together with all applicable transfer
taxes, if any. If the Warrant is being exercised in full, the Warrant is attached hereto or will be delivered within the time period
specified in the Warrant.

 

(2)           Payment
of Exercise Price:

 

		 ̈	Payment shall take the form of lawful money of the United States in accordance with the terms of the Warrant.

 

		 ̈	Payment shall take the form of a cashless exercise in accordance with the terms of the Warrant.

 

(3)           Please
issue a certificate or certificates representing said Warrant Shares in the name of the undersigned or in such other name as is specified
below:

 

		 	 
	 	 	 
	 	 	 

 

[SIGNATURE OF HOLDER]

 

	Name of Holder: 	 

 

	Signature: 	 

 

	Name of Signatory (if entity): 	 

 

	Title of Signatory (if entity): 	 

 

	Date: 	 

 

The undersigned hereby reaffirms
the accuracy of the representations and warranties made by the undersigned as set forth in this Warrant (and the Subscription Agreement)
and understands and acknowledges that the Company will rely upon the accuracy of such representations and warranties in issuing the Warrant
Shares.

 

 

	 	Signature

 

    8 

     

    

 

NOTICE: The signature to this form must correspond
with the name as written upon the face of the within Warrant in every particular without alteration or enlargement or any change whatsoever,
and must be guaranteed by a bank, other than a savings bank, or by a trust company or by a firm having membership on a registered national
securities exchange.

 

INSTRUCTIONS FOR REGISTRATION OF SECURITIES

 

	Name		 
	 	(Print in Block Letters)	 
	 	 	 
	Address		 

 

    9 

     

    

 

Form to be used to assign Warrant:

 

ASSIGNMENT

 

(To be executed by the registered
Holder to effect a transfer of the within Warrant):

 

FOR VALUE RECEIVED, ________________________________
does hereby sell, assign and transfer unto _________________________________ the right to purchase _____________________ shares of Common
Stock of CorpHousing Group Inc. (“Company”) evidenced by the within Warrant and does hereby authorize the Company to transfer
such right on the books of the Company.

 

Dated:____________________, 20___

 

 

	 	Signature

 

NOTICE: The signature to this form must correspond
with the name as written upon the face of the within Warrant in every particular without alteration or enlargement or any change whatsoever,
and must be guaranteed by a bank, other than a savings bank, or by a trust company or by a firm having membership on a registered national
securities exchange.

 

    10 

     

    

 

Exhibit A

 

Registration Rights

 

The shares
of Common Stock issuable upon exercise of the Warrant shall be deemed “Registrable Securities.” In the event the Registrable
Securities have not been previously registered for resale under a registration statement under the Securitas Act of 1933, as amended,
(the “Act”), at such time as the Company shall
have qualified for the use of a Registration Statement on Form
F-3 or Form S-3, the Company shall use its
best efforts to qualify and remain qualified
to register securities under the Securities Act pursuant to a
Registration Statement on Form F-3, Form S-3 or any successor form thereto and each
holder of Registrable Securities shall have the right to request on
two occasions that all or a portion of its Registrable Securities be registered for issuances and/or resale on Form F-3 or Form S-3 or
any similar short-form registration
(each a “Short-Form Registration”). Each request for a Short-Form Registration
shall specify the approximate number
of Registrable Securities requested to be registered
(which shall not be less than 30% of the Registrable Securities). Upon receipt of any such request,
Company shall cause a Registration Statement on Form F-3 or Form S-3 (or any successor form) to be filed with the
Commission within 60 days after the date on which the initial request is
given and shall use its commercially reasonable best efforts to cause such Registration
Statement to be declared effective by
the Commission as soon as practicable thereafter.

 

If, following an IPO, the Company proposes to register
any of its common stock, including the Subject Securities (other than in connection with registrations on Form S-4 or S-8 (or similar
forms) promulgated by the SEC and any successor or similar forms), and the registration form to be used may be used for the registration
of the Subject Securities (a “Piggyback Registration”), the Company shall give prompt written notice to the holders of the
Registrable Securities (in any event within three business days after the filing of the registration statement relating to the Piggyback
Registration), and, shall, subject to the remainder of this Section 3(a), include in such Piggyback Registration (and in all related registrations
or qualifications under blue sky laws and in any related underwritten offering) all Registrable Securities with respect to which the Company
has received written requests for inclusion therein within 10 days after delivery of the Company’s notice, subject to the applicable
rules and regulations of the U.S. Securities and Exchange Commission and to the Holder becoming party to any underwriting agreement, and
agreeing to the terms of any lock-up restrictions or volume limitations imposed by the underwriters, in connection with any related underwritten
offering. The Holder agrees and acknowledges that notwithstanding the foregoing, the Registrable Securities shall not be included (or
the number thereof shall be decreased) with respect to any registration statement relating to any offering in which the managing underwriter
determines that the inclusion of such Registerable Securities would adversely affect the marketability of such offering or the Company’s
ability to otherwise complete the offering.

 

    11Document

SEPARATION AGREEMENT

This Separation Agreement (this “Agreement”) is made effective the 12th day of April 2022, by and between Unrivaled Brands, Inc. its successors, parents, subsidiaries, trustees, board members, directors, officers, assigns, agents, sureties, insurers, affiliates, predecessors, and employees, (hereinafter “Employer” or “Unrivaled”) and Francis Knuettel II, 116 E. 63rd St., Apt. 3C, New York, NY 10065 (hereinafter “Employee”) (collectively referred to as the “Parties”).

Recitals

            WHEREAS, the undersigned have maintained an employer-employee relationship for a period of time in accordance with that certain Amended and Restated Executive Employment Agreement effective June 7, 2021 (the “Employment Agreement”). The Parties have terminated that relationship. Pursuant to the Employment Agreement, Employee is entitled to certain severance benefits subject to a release agreement.

            NOW THEREFORE, in consideration of the promises and the consideration more fully set forth below, and intending to be legally bound hereby, the undersigned mutually agree as follows.

Agreement

1.Termination of Employment and Board Resignation: The Parties acknowledge that Employee’s relationship as an employee and officer of the Employer terminated on March 13, 2022 (the “Separation Date”). By executing this Agreement, Employee acknowledges that he has been paid or awarded all wages, monies and benefits to which he was entitled through the Separation Date (other than as provided on Exhibit A hereto). Further, by execution of this Agreement Employee hereby resigns from any and all director positions Employee may hold with Employer or any of its subsidiaries or affiliates (including as a member of the Board of Directors of Employer) effective April 12, 2022.  Employee hereby agrees to execute and deliver to Employer any and all additional documentation Employer may deem necessary or appropriate to effectuate such resignations upon request by Employer, but Employee shall be treated for all purposes as having so resigned upon the above date, regardless of when or whether Employee executes any such additional documentation.  Employee shall return all company property, including all electronic equipment such as computers, contemporaneous with his execution and delivery of this Agreement.   

1.Severance and Other Benefits: The Employer agrees to pay or provide Employee the severance payments and other benefits as set forth in Exhibit A to this Agreement. 

1.General Mutual Release: Except as provided herein below, the Parties, on behalf of themselves and their heirs, executors, administrators, successors and assigns, whether herein named or referred to or not, do hereby release, discharge, and acquit and by these presents does hereby forever discharge each other, their successors and assigns, their agents, servants, and/or employees, to the fullest extent provided by law, of and from any and all past, present, and future 

claims, counterclaims, demands, actions, causes of action, liabilities, damages, costs, loss of services, expenses, compensation, third-party actions, suits at law or in equity, of every nature and description, whether known or unknown, suspected or unsuspected, foreseen or unforeseen, real or imaginary, actual or potential, and whether arising at law or in equity, under the common law, state or federal law, or any other law, or otherwise, including, but not limited to, any claims that have been or might have been asserted as a result of the establishment or termination of the employer-employee relationship, any and all claims relating to Employee’s performance as a Director, Executive, and/or Manager, or from Employee’s service as an employee of Unrivaled (except as excluded in Paragraph 3.a. below), hereinafter collectively referred to as claims. It is the intention of the parties hereto to affect a full and final general release of all such claims. It is expressly understood and agreed that this release and agreement is intended to cover, and does cover, not only all now known injuries, losses, and damages, but any future injuries, losses, and damages not now known or anticipated, but which may later develop or be discovered, including all the effects and consequences thereof.

The Parties do hereby declare that they understand, covenant, and agree that they will not make any claims or demands, or file any legal proceedings against each other, or join as a party to any claim, demand, or legal proceedings on the claims described above except as is necessary in order to enforce the terms and conditions of this Agreement or as otherwise allowed by federal or state law.

Further Employee, for himself, his heirs and assigns, does hereby and forever release, acquit and discharge Employer, its directors, agents, parents and/or affiliated companies, successors and/or assigns from any and all claims and demands of whatever nature they may have against Employer its directors, agents, employees, parents and/or affiliated companies, successors and/or assigns, including any claims and demands for damages, wages, salaries, back pay, court costs, damages, liquidated damages, punitive damages, attorneys' fees, including, without limitation, all those claims Employee may have under Section 301 of the Labor Management Relations Act (29 U.S.C. §185), Section 503 of the Rehabilitation Act of 1973 (29 U.S.C. § 706, et seq.), Title VII of the Civil Rights Act of 1964, as amended (42 U.S.C. § 2000(e), et seq.), the Civil Rights Act of 1866 and 1870 (42 U.S.C. § 1981, et seq.), the Civil Rights Act of 1991 (P.L. 102-166), the Family and Medical Leave Act (29 U.S.C. §1601, et seq.), the Fair Labor Standards Act (29 U.S.C. § 201 et seq.), the Americans with Disabilities Act (42 U.S.C. §12101, et seq.), the Age Discrimination in Employment Act of 1967 as amended (the “ADEA”), the Vietnam Era Veteran Readjustment Act of 1974 (38 U.S.C. Chapter 42, §§ 2011, 2012, and 2014), the Employee Retirement Income Security Act of 1974 as amended (29 U.S.C. § 1001, et seq.), The Sarbanes-Oxley Act of 2002, the Constitutions of the United States of America and Arizona, and/or Executive Order 11246, as amended, the CALIFORNIA FAIR EMPLOYMENT AND HOUSING ACT (Part 2.8 commencing with §12900 of Division 3 of Title 2 of the Government Code) and the Regulations of the Fair Employment and Housing Commission (California Code of Regulations, Title 2, Division 4,§§ 7285.0 through 8504), the California Unruh Act, the Equal Pay Act, the California Family Rights Act; the Families First Coronavirus Response Act and the California Healthy Workplace Healthy Family Act, claims for wrongful discharge, Workers' Compensation retaliation, infliction of mental distress or any other tortuous or contractual causes of actions, including but not limited to any claims that Employer violated or breached any personnel policies, handbooks, contracts (implied or written), or covenants of good faith and fair dealing, and any and all other relevant Federal and/or State law claims or causes of action.

a.         Exclusions:  Excluded from this release are any claims which cannot be waived by law, including but not limited to the right to participate with or in an investigation conducted by the DFEH, EEOC, or like agency, however Employee expressly waives any right to any monetary recovery arising from such an investigation.  Also excluded from this release are any claims of a breach of this Agreement and any claims to any of Employee’s rights to indemnification under (i) applicable corporate law, (ii) the by-laws or certificate of incorporation (or other constituent document) of Unrivaled or any applicable indemnification agreement between Employee and Unrivaled.  Also excluded from this release are 

claims related to Employee’s fraud or felony misconduct while serving as an employee, officer, or director of Employer or its affiliates.

b.         Civil Code § 1542: In consideration of the promises of contained in this Agreement, the Parties agree that by signing this Agreement that they represent that they have not filed - and they give up any and all rights they may have to file - a grievance, claim, or complaint of any kind against each other, except as may be necessary to enforce the terms of this Agreement, or for workers’ compensation or unemployment insurance benefits, or as otherwise required by law. The Parties understand expressly agree that this Agreement extends to all claims of every nature and kind whatsoever, known or unknown, suspected or unsuspected, past or present, and waive any rights they may have under California Civil Code §1542, which provides in relevant part: 

“A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.”

c.         ADEA Release:  Employee acknowledges that he has read this mutual release, understands it, and knowingly and voluntarily accepts its terms.  Employee acknowledges that he has been advised by Employer to seek the advice of legal counsel before entering into this mutual release and this Agreement and has been provided with a period of at least twenty-one (21) days in which to consider entering into this Agreement. Employee acknowledges that, by signing this Agreement, he is waiving and releasing any rights he may have under the ADEA, and that the payments and benefits provided under Paragraph 2 of this Agreement represent substantial value over and above that to which Employee would otherwise be entitled.  Employee has a period of seven (7) days following the execution of this Agreement during which Employee may revoke his release of his ADEA claims by delivering written notice to Employer in accordance with Section 4.12 of the Employment Agreement.

1.Cooperation:  During the receipt of severance benefits, Employee agrees to assist Employer, without additional consideration, in the transition of his duties, including at the request of the Board of Directors compliance related issues and the preparation and execution of licenses, internal investigations, and in the defense of any future claims relating to his performance as a Director, Officer, Executive, Manager, or from his service as an employee of Unrivaled.  

1.Taxes:  Employer shall have the right to deduct from all payments made to Employee under this Agreement any federal, state, local, foreign, or other taxes which, in the opinion of Employer, is required to be withheld with respect to such payments.  Employee agrees and represents that any federal, state, local, foreign, or other taxes that may be owed or payable on the consideration identified in Paragraph 2, or that may otherwise have accrued over the course of his employment, pursuant to this Agreement are the sole responsibility of Employee and that he will hold the Employer harmless from and against any liability or claim for any tax, penalty, or interest thereon that may be incurred or demanded as a result of the receipt of the consideration provided for in this Agreement.

1.Effect on Employment Agreement:  Employee agrees that this Agreement supersedes and replaces the severance terms under Article 2 of the Employment Agreement and that Employer has no further obligations to make any payments or provide any benefits to Employee under the terms of the Employment Agreement.  Notwithstanding the foregoing, each of the Parties acknowledges and agrees that Article 3 of the Employment Agreement (Restrictive Covenants) remains in full force and effect in accordance with its terms, notwithstanding the termination of Employee’s employment  

1.Choice of Law and Venue: This Agreement shall be governed by and construed in accordance with the laws of the State of California and each Party hereby irrevocably submits to the personal jurisdiction of the Federal and/or State Courts located in Orange County, California.

1.Mutual Understandings: This Agreement has been freely and fairly negotiated by the Parties hereto and each Party has been provided the opportunity to have the Agreement reviewed by legal counsel of their choice and to modify the terms hereof and, therefore, this Agreement shall be construed and interpreted without any presumption, or other rule, requiring construction or interpretation against the interest of the party causing this Agreement to be drafted. This Agreement embodies the entire understanding between the Parties concerning the subject matter hereof and supersedes all prior understandings and agreements, whether oral or written, except as provided in Section 5 supra with respect to Article 3 of the Employment Agreement. 

THE PARTIES ACKNOWLEDGE THAT THEY HAVE READ AND UNDERSTAND THE FOREGOING PROVISIONS AND THAT SUCH PROVISIONS ARE REASONABLE AND ENFORCEABLE. THE PARTIES ACKNOWLEDGE THAT THEY HAVE SIGNED THIS AGREEMENT OF THEIR OWN FREE AND VOLUNTARY ACT, AND THAT THEY ACKNOWLEDGE THIS IS AN IMPORTANT AND BINDING LEGAL CONTRACT THAT SHOULD BE REVIEWED BY THEIR ATTORNEY.

There are no other representations, agreements, arrangements, or understandings, oral or written, between or among the Parties hereto relating to the subject matter of this Agreement that are not fully expressed in this Agreement. This Agreement and the terms herein shall not be amended or modified, in any manner whatsoever, except by a writing signed by each of the Parties hereto.

8.         Construction:  This Agreement shall be construed that, wherever applicable, the use of the singular number shall include the plural number and shall be binding upon and inure to the heirs, successors, assigns, executors, administrators, or other appropriate legal representatives of the respective Parties hereto. If any provision or provisions hereof shall be deemed void, invalid, unenforceable, or otherwise stricken, either in whole or in part, this Agreement shall be deemed amended to delete or modify, as necessary, the offending provision or provisions and to alter the bounds thereof in order to render it valid and enforceable and the Parties hereby agree to substitute a valid provision that will most closely approximate the economic/legal effect and intent of the invalid provision.

9.         Counterparts: This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall be deemed to be one and the same agreement. A signed copy of this Agreement delivered by electronic mail or other 

means of electronic transmission shall be deemed to have the same legal effect as delivery of an original signed copy of this Agreement.

            IN WITNESS WHEREOF, and intending to be legally bound hereby, the Parties hereto have set their hands and seals this 12th day of April, 2022.

__________________________________                      __________________________________
Employee                                                                     Unrivaled Brands, Inc.

Francis Knuettel II                                                          Don Jenkins, JD, SPHR                             .
Printed name                                                                 Vice President of People

Exhibit A

1.Employer will pay to Employee any earned but unpaid base salary through the Separation Date, reimbursement for any valid and outstanding expenses for which Employee has not yet been reimbursed, and any vested benefits or payments under Employer’s employee benefit plans in accordance with the terms, and subject to the conditions, of such plans, as accrued through the Separation Date.  
2.Employer shall pay to Employee an amount equal to 50% of Employee’s most recent annual base salary, less any taxes and withholding as may be necessary pursuant to law, to be paid in accordance with Employer’s normal payroll practices, but in no event less frequently than monthly, paid in equal installments over a 6-month period beginning with the first normal payroll period after the date this Agreement becomes effective and irrevocable in accordance with its terms.
3.To the extent Employee chooses to continue Employer group health benefits pursuant to the Consolidated Omnibus Budget Reconciliation Act (“COBRA”), Employer shall pay (either directly to the provider or as a reimbursement to Employee) the applicable premium payments for a consecutive period of up to six (6) months commencing on the first date of COBRA eligibility.  
4.Employer represents and warrants they will promptly take any and all action to issue any unissued, vested shares.  Employee’s outstanding and unvested stock options and restricted shares that were issued by Employer on June 7, 2021 shall become fully vested on the date that this Agreement becomes effective an irrevocable in accordance with its terms. Employee shall make arrangements satisfactory to Employer to pay the related tax withholding on the vesting of the restricted shares.  Moreover, all of Employee’s vested stock options (including those that vest pursuant to the immediately preceding sentence) shall remain exercisable until the first anniversary of the date of this Agreement.  For the avoidance of doubt, any other Employer equity awards held by Employee that are unvested as of the date of this Agreement (and that do not otherwise vest as 

provided above) shall be forfeited automatically and without further action or notice, as of the date of this Agreement.

1.Employer shall pay Employee an amount under the 2021 annual bonus program equal to $30,000, less applicable tax withholdings, and 300,000 fully vested shares of common stock of Employer, pursuant to the Performance Grant as defined in the Employment Agreement, both within five (5) business days after this Agreement becomes effective and irrevocable in accordance with its terms.  Employee shall make arrangements satisfactory to Employer to pay the related tax withholding on the payout of the Performance Grant.  The payout of the Performance Grant as provided herein shall be in complete satisfaction of Employer’s obligations to Employee thereunder. 
*   *   *   *   *

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