Document:

Exhibit 10.12

 

 

BUSINESS ALLIANCE AGREEMENT

 

This BUSINESS ALLIANCE AGREEMENT
("Agreement") is made, deemed entered into in Las Vegas, Nevada, and deemed binding and effective for all purposes this
31st day of December, 2018 ("Effective Date"), by and between Vitalibis, Inc., a Nevada corporation, whose principal
place of business is located at 3960 Howard Hughes Parkway, Suite 500, Las Vegas, NV 89169 ("VITALIBIS" or the
"Company"), and Bruce Lee Beverage, LLC, a California limited liability company , whose principal place of business
is located at 4221 Don Jose Drive, Los Angeles, CA 90008 ("BLB"). Both VITALIBIS and BLB may be referred to variously
as a "Party" and/or, together, as "Parties."

 

RECITALS:

 

WHEREAS, VITALIBIS currently
markets and sells proprietary ingredients and products, including but not limited to hemp oil products, skincare products, nutritional
products and private label products.

 

WHEREAS,
BLB currently designs, formulates, develops, markets and sells a proprietary blend of adaptogens and super herbs in liquid and
powder forms.

 

WHEREAS,
VITALIBIS wishes to enter into a business alliance with BLB to develop, market and sell a full-spectrum oil produced by Vitalibis
which incorporates certain Bruce Lee related intellectual property licensed by BLB (the "Co-Branded Product") and
which will be sold on the VITALIBIS website.

 

NOW, THEREFORE,
in consideration of the foregoing and the mutual promises hereinafter set forth, the Parties agree as follows:

 

The Parties
hereby specifically incorporate by reference herein the Recitals set forth above.

 

1.       Engagement

 

This Agreement is entered
into for the purpose of establishing a business alliance relationship between the Parties, based on good faith efforts to promote
and expand each Party's respective business by VITALIBIS selling Co-Branded Product(s) on the VITALIBIS website (the "Project").

 

Co-Branded Products

 

(a)       BLB
and VITALIBIS will jointly define and agree upon, in writing, which Co-Branded Product(s) will be sold via the VITALIBIS website
and which content will be used to highlight the Co-Branded Products sold on the website, on social media and in any marketing initiatives.
The Parties understand and agree that the Parties shall work together to prepare a mutually approved propriety formulation to be
used in the Co-Branded Product.

 

 

 

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(b)       The
Parties understand and agree that, in furtherance of this Agreement and prior to the development of the Co-Branded Product, it
will be necessary for BLB to grant VITALIBIS a non-exclusive license to use certain intellectual property owned by BLB in connection
with the development, marketing and sales of the Co-Branded Product. The Parties shall enter into a written license agreement on
terms and conditions mutually agreed to by the Parties, including tetras of compensation for such license.

 

Publicity

 

Upon launch of VITALIBIS' efforts
to sell and market the Co-Branded Product on the VITALIBIS website, VITALIBIS may publish a Press Release. Such Press Release will
be completed in collaboration between VITALIBIS and BLB, with written / email approval by each respective Party prior to release.
Neither Party will unreasonably withhold a written / email approval. VITALIBIS and BLB may collaborate on additional communications
prior to the launch of the Co-Branded Product (including without limitation in connection with public offerings and / or other
financing activities), each of which will receive prior written / email approval from both Parties before release. The Parties
expressly acknowledge that VITALIBIS is a publicly traded corporation and subject to various state and federal securities laws,
rules and regulations, and any publicity will have to be consistent with such laws, rules and regulations.

 

2.       Compensation

 

As consideration for the cobranding
of products included in this Project, VITALIBIS agrees to compensate BLB as specified in Exhibit A.

 

3.       Expenses

 

All website-related and Co-Branded
Product expenses required per this Agreement shall be paid by VITALIBIS.

 

4.       Term;
Termination

 

(a)       This
Agreement is effective, binding and enforceable as of the Effective Date and will continue for a period of five (5) years (the
"Initial Term"). The Initial Term shall automatically renew for subsequent five terms (each a "Renewal
Term"), unless otherwise terminated in writing by VITALIBIS or BLB. The Initial Term and any Renewal Term may be terminated
earlier than the expiration of such Initial Term or Renewal Term, as applicable, in accordance with Section 4(b) below.

 

(b)       This
Agreement may be terminated by either Party at any time for any reason, or for no reason, upon 120 calendar days prior written
notice to the other Party. Upon such termination, each Party will pay all undisputed outstanding expenses incurred by the other
Party in good faith. If termination is requested by BLB, VITALIBIS will have the opportunity for a mutually agreed period of time
to sell off the remaining previously bottled Co-Branded Product inventory. Any post termination sales of the Co-Branded Product
by VITALIBIS (regardless of which Party exercises its termination right) shall be subject to and in accordance with the terms
and obligations set forth herein (including, without limitation, the possibility of such post termination sales triggering the
Milestones set forth in Exhibit A). In addition, as additional consideration hereunder, both Parties shall, respectively, from
and after the date of termination, remain bound by the terms and conditions of Sections 5 through 12, and 18 hereof, inclusive,
and Sections 5 through 12, and 18, inclusive, shall not terminate, but rather, shall perpetually remain in full force and effect.
Each Party expressly and unconditionally acknowledges and agrees that the terms and conditions, as well as the restrictions, set
forth in Sections 5 through 12, and 18, inclusive, are fair, just and reasonable, and this acknowledgment and agreement was discussed
and negotiated by and between the Parties.

 

5.Independent Businesses

 

(a)       Both
Parties are solely and exclusively limited to that of independent businesses, and nothing in this Agreement is intended to, or
should be construed to, create an agency, joint venture, employee relationship, partnership or any other type of relationship.
Except as specifically provided herein, neither Party will not be entitled to any of the benefits that the other Party may make
available to its employees, including, but not limited to, group health or life insurance, profit sharing or retirement benefits.
Each Party, respectively, is solely responsible for and will file, if applicable, on a timely basis: (a) all tax returns and payments
required to be filed with, or made to, any federal, state or local tax authority with respect to the performance of its obligations
and duties and receipt of compensation under this Agreement, as well as, (b) any and all required reports and forms; and (c) shall
comply with all other regulatory, licensing and compliance requirements of state, federal and/or local regulatory agencies. Each
Party is solely responsible for their own and must maintain adequate written records of their own respective expenses incurred
in the course of performing obligations and duties under this Agreement. No part of BLB's Compensation hereunder will be subject
to payroll tax withholding and payment by VITALIBIS, including, but not limited to, federal income tax, state income tax, federal
and state employment taxes, federal social security tax, and federal Medicare tax (collectively, the "Taxes").

 

 

 

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(b)       Neither
Party is authorized to make any representation, contract or commitment on behalf of the other Party unless specifically requested
or authorized in writing to do so by an authorized officer of such Party.

 

(c)       Both
Parties are solely responsible for their own respective business operations, and will timely file and pay, all tax returns and
personal income tax payments required to be filed with, or made to, any federal, state or local tax authority (each a "Tax
Authority") with respect to the performance of its obligations and duties and receipt of fees under this Agreement.

 

6.Nondisclosure of Confidential Information,
Intellectual Property and

 

Company Property

 

(a)       Agreement
Not to Disclose - BLB. BLB agrees not to, directly or indirectly, use any Confidential Information (as defined below) disclosed
to BLB by VITALIBIS for BLB's own use or for any purpose other than to carry out discussions concerning, and the undertaking of,
the obligations and duties of BLB hereunder. BLB shall not, directly or indirectly, disclose or peiiiiit disclosure of any Confidential
Information of VITALIBIS to third parties. BLB expressly and unconditionally agrees to take all reasonable measures to protect
the secrecy of and avoid disclosure or use of Confidential Information of VITALIBIS in order to prevent it from falling into the
public domain or the possession of persons other than those persons specifically authorized under this Agreement to have any such
information. BLB further agrees to notify VITALIBIS in writing of any actual or suspected misuse, misappropriation or unauthorized
disclosure of VITALIBIS' Confidential Information.

 

(b)       Agreement
Not to Disclose - VITALIBIS. VITALIBIS agrees not to, directly or indirectly, use any Confidential Information (as defined
below) disclosed to VITALIBIS by BLB for VITALIBIS' own use or for any purpose other than to carry out discussions concerning,
and the undertaking of, the obligations and duties of VITALIBIS hereunder. VITALIBIS shall not, directly or indirectly, disclose
or permit disclosure of any Confidential Information of BLB to third parties. VITALIBIS expressly and unconditionally agrees to
take all reasonable measures to protect the secrecy of and avoid disclosure or use of Confidential Information of BLB in order
to prevent it from falling into the public domain or the possession of persons other than those persons specifically authorized
under this Agreement to have any such information. VITALIBIS further agrees to notify BLB in writing of any actual or suspected
misuse, misappropriation or unauthorized disclosure of BLB's Confidential Information.

 

(c)       Definition
of Confidential Information. "Confidential Information" means data or information possessed by either Party,
or its affiliates, about itself, its business activities, its intellectual property, and/or its relationships and activities
with third-parties that is competitively sensitive material and not generally known to the public. Confidential Information
shall include, without limitation, any and all proprietary information, trade secrets, or materials belonging to either party
or its affiliates, either patentable or non-patentable, including, without limitation, the following: (a) drawings,
photographs, charts, patent applications, and prototypes: (b) equipment or apparatuses; (c) data, memorandum or reports; (d)
patent status, business plans, research and/or marketing developments, product samples, technical and non-technical
information, and know-how; (e) data concerning ingredients, concentrates, special processes, formulas, specifications,
chemical ingredients, constituents or molecules; (f) analytical data, engineering information, and manufacturing information
communicated to, learned of, developed or otherwise acquired by either Party; (g) existing, previous, and potential suppliers
and customers; (h) sensory methodologies and protocols and consumer insight information and (i) in the case of BLB any
private and/or personal data and/or information related to Linda Lee Cadwell, Shannon Lee, Bruce Lee, Brandon Lee and their
respective family members and businesses that is not generally known by or readily available to competitors and/or to the
public including, but not limited to, information relating to intellectual property (e.g., literary materials, development
materials, proposals, pitches, formats, drawings, designs, animation, photographs, film footage, interviews, trademarks,
copyrights, patents, inventions, ideas, trade secrets, know how, computer software, computer databases and/or files, customer
lists, manuals, etc.), contact information, personal data, financial information, contractual arrangements and
negotiations, style guides, manuals and forms, customer, contractor, supplier, vendor and licensee/distributor information,
employee and consultant information, investor information, past and present business strategies and plans, claims and
litigation information, and other sensitive or proprietary materials pertaining to any business, finances, relationships
and/or affairs.

 

 

 

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Confidential Information may
be disclosed in writing or other tangible form, verbally or visually, and includes any Confidential Information inadvertently learned
by either Party from the other Party or a third party. In addition, any information disclosed or acquired in connection with the
Project that is marked as "Confidential" or "Secret" or words to that effect shall be treated by the acquiring
Party as "Confidential Information".

 

Confidential Information does not include information,
technical data or know-how which: (a) is in the respective possession of BLB or VITALIBIS, as applicable, at the time of disclosure,
as shown by BLB's or VITALIBIS' files and records immediately prior to the time of disclosure; or (b) becomes part of the public
knowledge or literature, not as a direct or indirect result of any improper inaction or action of BLB or VITALIBIS, as applicable.

 

(d)       Exceptions.
Notwithstanding the above, neither Party shall not have liability to the other Party or any of its subsidiaries with regard to
any Confidential Information of said Party can prove (a) is disclosed with the prior written approval of such Party, or (b) is
disclosed pursuant to the order or requirement of a court, administrative agency, or other governmental body; provided, however,
that a Party shall provide prompt notice of such court order or requirement to the other Party to enable that Party or its appropriate
subsidiary to seek a protective order or otherwise prevent or restrict such disclosure.

 

7.       No
Duplication; Return of Materials

 

Each. Party agrees, except as
otherwise expressly authorized by the other Party, in writing, not to make any copies or duplicates of any Confidential Information.
Any materials or documents that have been furnished by either Party in connection with the Project shall be promptly returned by
the other Party, accompanied by all copies of such documentation, within five (5) calendar days after (a) the Project has been
concluded or (b) the written request of the other Party or (c) this Agreement has been terminated by either Party.

 

8.       No
Rights Granted

 

Nothing in this Agreement shall
be construed as granting any rights in or to, or liens or encumbrances upon, any patent, copyright, trademark or other intellectual
property right of one Party to the other, nor shall this Agreement grant one Party any rights in or to the other Party's Confidential
Information, except the limited right to use the Confidential Information in connection with the Project.

 

9.       Representations
and Warranties

 

(a)       VITALIBIS'
Representations and Warranties. VITALIBIS expressly and unconditionally represents and warrants that, in addition to its
other obligations specified herein, VITALIBIS makes the below representations and warranties as of the Effective Date:

 

(i).Authority. VITALIBIS
has the full, absolute and unrestricted right, power and authority to execute and deliver this Agreement and to perform VITALIBIS'
obligations and duties pursuant to this Agreement.

 

(ii).Organization.
VITALIBIS is duly organized corporation validly existing, and in good standing under the laws of the state of Nevada.

 

(iii) No
Conflicts. VITALIBIS represents, warrants and covenants to BLB that its execution of this Agreement does not conflict with
any other agreements to which VITALIBIS is a party.

 

(b)       BLB's
Representations and Warranties. BLB expressly and unconditionally represents and warrants that, in addition to its other
obligations specified herein, VITALIBIS makes the below representations and warranties as of the Effective Date:

 

(i).Authority.
BLB has the full, absolute and unrestricted right, power and authority to execute and deliver this Agreement and to perform BLB's
obligations and duties pursuant to this Agreement.

 

(ii).Organization.
BLB is duly organized limited liability company validly existing, and in good standing under the laws of the state of California.

 

 

 

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(iii) No
Conflicts. BLB represents, warrants and covenants to VITALIBIS that its execution of this Agreement does not conflict with
any other agreements to which BLB is a party.

 

NEITHER PARTY MAKES ANY OTHER WARRANTY
TO THE OTHER PARTY, EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, THE WARRANTIES OF MERCHANTABILITY OR SUCH FITNESS OF THE
PRODUCTS FOR ANY PARTICULAR PURPOSES.

 

10.       Noninterference
with Business

 

During the term of this Agreement,
and for a period of one (1) year immediately following its termination, each Party expressly and unconditionally agrees not to
interfere directly or indirectly, with the business of the other Party, in any manner. By way of example, and not in limitation,
each Party expressly and unconditionally agrees not to directly or indirectly, attempt to or actually solicit or induce any employee,
consultant, customer, independent contractor or other entity of the other Party to terminate or breach any contractual (either
written or verbal) or other relationship with the other Party.

 

11.       Limited
Liability

 

In no
event shall either Party be liable to the other or any third party in contract, tort or otherwise for incidental or consequential
damages of any kind, including, without limitation, punitive or economic damages or lost profits, regardless of whether either
Party shall be advised, shall have other reason to know or, in fact, shall know of the possibility of any such damages.

 

12.       Notices

 

Any notices, requests, demands or other
communications provided for by this Agreement shall be solely and exclusively in writing and shall be sufficiently given when and
if sent by personal delivery or overnight courier to the Party entitled thereto at the address stated below or at such other address
as the parties may have given by similar notice:

 

Vitalibis, Inc.

3960 Howard Hughes Parkway Suite 500

Las Vegas, NV 89169

Attn: Steve Raack

Phone: 702-944-9620

Email: sraack@vitalibis.com

 

Bruce Lee Beverage, LLC

4221 Don Jose Drive

Los Angeles, CA 90008

Attn: Eugene Tsai

(310) 592-7478

Email:
gene@bruceleebeverage.corn

 

Notice hereunder shall be deemed given and effective hereunder
on the date of personal delivery or delivery by overnight courier to a Party, as documented in writing.

 

13.       Entire
Agreement

 

This Agreement contains
the entire agreement between the Parties hereto with respect to matters herein and supersedes all prior agreements and understandings,
oral or written, between the Parties hereto relating to any such matters.

 

 

 

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14.       Headings

 

The headings contained in
this Agreement are not to be used for interpretation of this Agreement, but rather, have been placed herein solely for the convenience
of the Parties.

 

15.       Severability

 

In the event that any provision or
portion of this Agreement shall be determined to be invalid or unenforceable for any reason, the remaining provisions and portions
of this Agreement shall be unaffected thereby and shall remain in full force and effect, to the fullest extent permitted by law.

 

16.       Applicable Law and Venue

 

(a)       Governing
Law. This Agreement shall be governed solely and exclusively by the laws of the State of Nevada (excepting any conflict of
laws or provisions which would serve to defeat application of Nevada substantive law). Each of the Parties to this Agreement hereby
irrevocably and unconditionally: (a) consents to submit to the exclusive jurisdiction of the courts of Clark County, Nevada, for
enforcement of any dispute resolution decision ("Decision") arising in connection with this Agreement, and each such
Party agrees not to commence any proceeding of any nature, in any court, anywhere, except a proceeding in the courts of Clark County,
Nevada, to enforce such Decision, and (b) waives any objection to the laying of venue of any such proceeding in the courts of Clark
County, Nevada.

 

17.       Amendment or Modification; Waiver

 

(a)       No
provision of this Agreement may be amended unless such amendment is in a writing signed by both Parties.

 

(b)       The
failure by VITALIBIS or BLB to enforce at any time or for any period of time any one or more of the terms or conditions of this
Agreement shall not constitute a waiver of such terms or conditions or of VITALIBIS' or BLB's right thereafter to enforce each
and every term and condition of this Agreement.

 

18.       Restrictions.

 

The Parties expressly and
unconditionally agree that the restrictions contained in this entire Agreement are fair and reasonable and necessary for the protection
of the legitimate business interests of each Party, and each Party intends that such restrictions be enforceable, and enforced,
to their fullest extent.

 

19.       Counterparts.

 

This Agreement may be executed
in multiple counterparts, each of which shall be

 

deemed an original, but all of which, together, shall
constitute one and the same instrument. This Agreement may be executed on signature pages exchanged by facsimile or other electronic
means, in which event each Party shall promptly deliver to the other Party an original executed copy.

 

[SIGNATURE PAGE TO FOLLOW]

 

 

 

 

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	 	BRUCE LEE BEVERAGE, LLC
	 	 
	 	 
	 	By: /s/ Eugene Tsai
	 	       EUGENE TSAI
	 	 
	 	Its: MANAGING MEMBER
	 	 
	 	 
	 	VITALIBIS, INC.
	 	 
	 	 
	 	By: /s/ Steve Raack
	 	STEVE RAACK
	 	 
	 	Its: PRESIDENT AND C.E.O.
	 	 
	 	 

 

 

 

 

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Exhibit A

 

COMPENSATION

 

CO-BRANDED PRODUCTS

 

As total consideration for this Agreement,
VITALIBIS shall issue to BLB a total of 1,500,000 shares of VITALIBIS restricted Common Stock, par value $.001 per share, and shall
issue 1,500,000 warrants to purchase a total of 1,500,000 shares of VITALIBIS restricted Common Stock (that is, 1 warrant entitles
the holder to purchase 1 share of Common Stock). The warrants will expire at 5:00 P.M. (Nevada Time), two (2) years from the date
of vesting to BLB. The Common Stock and warrants shall vest pursuant to the following schedule:

 

MILESTONE 1

 

Upon Execution of this Business Alliance Agreement:

		-	500,000 restricted shares of VCBD Common Stock with piggy-back registration rights in VITALIBIS
Registration Statement (currently being prepared) and per an installment schedule agreed to in writing by the Parties

 

		-	500,000 warrants with piggy-back registration rights in VITALIBIS Registration Statement (currently
being prepared) and per an installment schedule agreed to in writing by the Parties. The Registration Statement will also include
the 500,000 shares underlying the warrants.

 

MILESTONE 2

 

Upon completion of the following:

 

		(a)	Written Approval of BLB Formula, Packaging Design and Marketing Plan Strategy for Co-Branded Product;

 

		(b)	BLB licensing agreement executed by both Parties;

 

		(c)	Begin Co-Branded Product Marketing Campaigns

 

		-	Execution of BLB Marketing Plan Strategy to share how to purchase the Co-Branded Product via
a variety of marketing channels, including but not limited to social media, Podcast, email distribution, etc.

 

		-	There will be a minimum of one full marketing campaign per quarter for the first 4 quarters after
the launch of the Co-Branded Product,

 

Then:

 

	 	 	500,000 restricted shares of VCBD Common Stock
with piggy-back registration rights in VITALIBIS Registration Statement (currently being prepared) and per an installment schedule
agreed to in writing by the Parties.

 

	 	 	500,000 warrants with piggy-back registration
rights in the VITALIBIS Registration Statement (currently being prepared) and per an installment schedule agreed to in writing
by the Parties. The Registration Statement will also include the 500,000 shares underlying the warrants.

 

 

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MILESTONE 3

After 10,000 units in Co-Branded Product are sold
to end users:

 

	 	 	250,000 restricted shares of VCBD Common Stock
with piggy-back registration rights in the VITALIBIS Registration Statement (currently being prepared) and per an installment schedule
agreed to in writing by the Parties.

 

	 	 	250,000 warrants with piggy-back registration
rights in the VITALIBIS Registration Statement (currently being prepared) and per an installment schedule agreed to in writing
by the Parties. The Registration Statement will also include the 250,000 shares underlying the warrants

 

 

MILESTONE 4

After 30,000 units in Co-Branded Product are sold
to end users:

 

	 	 	250,000 restricted shares of VCBD Common Stock
with piggy-back registration rights in the VITALIBIS Registration Statement (currently being prepared) per an installment schedule
agreed to in writing by the Parties.

 

	 	 	250,000 warrants with piggy-back registration
rights in the VITALIBIS Registration Statement (currently being prepared) per an installment schedule agreed to in writing by the
Parties. The Registration Statement will also include the 250,000 shares underlying the warrants.

 

NOTE: In connection
with the VCBD Common Stock and warrants hereunder, and to insure compliance with applicable state and federal securities laws,
rules and regulations, the Parties will enter into a Stock Subscription Agreement and Warrant Agreement.

 

 

 

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Business Alliance Agreement 

Attachment for Exhibit A

Installment Schedule

 

Milestone 1:

	Stock Shares	12/31/2018	1/16/2019	 
	Vesting Shares	150,000	350,000	Shares

 

 

	Warrants	12/31/2018	1/16/2019	 
	Grant	 	1,500,000	Warrants
	Exercise Price	 	$     1.01	 
	 	 	 	 
	Vesting Warrants	 	500,000	Warrants

 

 

 

 

Bruce Lee
Beverage, LLC

 

 

By: /s/ Eugene Tsai

Eugene Tsai

Its: Managing Member

 

 

 

 

Vitablis, Inc.

 

By: /s/ Steve Raack

Steve Raack

Its: President andCEO

 

 

 

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STOCK SUBSCRIPTION OFFER

VITALIBIS, INC. 

 

TO: THE BOARD OF DIRECTORS

 

1. Stock Subscription Offer ("Agreement"):
Bruce Lee Beverage, LLC  , (the "Undersigned"), whose address is 4221 Don Jose Dr,
Los Angeles, CA 90008 , hereby offers to subscribe for Five Hundred Thousand (500,000) Shares of Common
Stock, par value $.001 per share (the "Stock"), of VITALIBIS, INC., a Nevada corporation (the "Company"), whose
address is: 3960 Howard Hughes Parkway, Suite 500, Las Vegas, NV 89169. The Undersigned agrees to accept such Stock
as agreed-upon consideration under the terms of an Alliance Agreement entered into by and between the parties ("Consideration"). Ownership
of the Stock will vest upon the Company's (a) acceptance of this Offer and Agreement and (b) receipt of the
Consideration provided in Milestone 1 of the Alliance Agreement and (c) Installment schedule(s).

 

2. Representations
and Warranties of the Undersigned: The Undersigned hereby represents and warrants that:

 

A. The Undersigned is financially
responsible, able to meet his/her/its obligations hereunder and acknowledges this investment may be long term and is by its nature
speculative; further, the Undersigned acknowledges he/she/it is financially capable of bearing the risk of this investment.

 

B. The Undersigned has had
substantial prior investment experience, including investment in non-listed and non-registered securities, as well as experience
in business or investments in one or more of the following:

 

(i)       knowledge
of and investment experience with securities, such as stocks and bonds;

 

(ii)       ownership
of interests in new ventures and/or start-up companies;

 

(iii)       experience
in business and financial dealings and parlance, and the Undersigned can protect his/her/its own interests in an investment of
this nature and does not have a "Purchaser Representative," as that term is defined in Regulation D of the Securities
Act of 1933, as amended, (the "Securities Act") and does not need such a Representative.

 

C. The Undersigned is capable
of bearing the high degree of economic risks and burdens of this investment, including, but not limited to, the possibility of
complete loss of all his/her investment capital and the lack of a liquid public market, such that he/she/it may not be able to
readily liquidate the investment whenever desired or at the then current asking price of the Stock.

 

 

 

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D.       The Undersigned
has had access to the information set forth in Paragraph 4 hereof and was able to request, in writing, copies of such infoiiiiation
from the Company regarding such written information he/she/it desired. The Undersigned understands that the Stock has not been
registered under the Securities Act and the applicable state securities laws in reliance on the exemption provided by Section 4(2)
of the Securities Act and Regulation D, Rule 506 and/or Regulation S, and California B&P Code Sec. 25102(h), relating to transactions
not involving a public offering. In this connection, the Undersigned understands that, if the Stock is sold in the United States
or to United States residents, it is the position of the SEC that the statutory basis for such exemption would not be present if
his/her/its representation merely meant that his/her/its present intention was to hold the Stock for a short period, for a deferred
sale, for a market rise, or for any other fixed period. The Undersigned realizes that, in the view of the SEC, a purchase now with
an intent to resell would represent a purchase with an intent inconsistent with his/her/its representation to the Company, and
the SEC might regard such a sale, transfer or other disposition as a deferred sale for which the exemption is not available.

 

E       The
Undersigned further understands that he/she/it is purchasing the Stock without being furnished any offering literature, prospectus
or private offering memorandum, other than that supplied with or specifically identified in this Offer.

 

F.       At
no time was the Undersigned presented with or solicited by any leaflet, public promotional meeting, circular, newspaper or magazine
article, radio or television advertisement, or any other form of general advertising otherwise than in connection and concurrently
with this Offer.

 

G.       The
Stock which the Undersigned hereby subscribes is being acquired solely for his/her/its own account, for investment, and is not
being purchased with a view to or for the resale or distribution thereof and the Undersigned has no present plans to enter into
any contract, undertaking, agreement or arrangement for such resale or distribution.

 

H.       The
Undersigned is aware of the following:

 

(i)       The
Company's financial and operating history;

 

(ii)       The
existence of substantial restrictions on the transferability of Stock;

 

(iii)       Except
as otherwise provided in the Alliance Agreement, the Stock will not be, and the Undersigned will have no rights to require, that
the Company register the Stock under the Securities Act or any state securities laws; and

 

(iv)       The
Undersigned may not be able to avail himself/herself/itself of the provisions of Rule 144 adopted by the Securities and Exchange
Commission under the Securities Act or any applicable state securities acts with respect to the release of the Stock, and, accordingly,
it may not be possible for the Undersigned to liquidate part or all of his/her/its investment in the Company or to liquidate at
the then current asking price of the Stock, if any.

 

 

 

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I.       It
has at no time been represented, guaranteed, or warranted to the Undersigned by an officer or director of the Company, or the
agents or employees thereof, or any other person, expressly or impliedly, any of the following:

 

(i)       An
exact or approximate length of time that the Undersigned will or will not remain as owner of the Stock;

 

(ii)       A
percentage of profit and/or amount or type of consideration, profit, loss, credits or deductions to be realized, if any, as a result
of the Undersigned's ownership of the Stock; or

 

(iii)       Past
performance on the part of any director or officer of the Company, or the agents or employees thereof, that will in any way indicate
the predictable results accruing from ownership of the Stock.

 

J.       Except
as otherwise provided in the Alliance Agreement, the Company is under no duty to register the Stock or comply with any exemption
from registration under the Securities Act or any state securities law, including supplying to the appropriate agency or to the
Undersigned any information required in connection with transfers under appropriate rules and regulations.

 

K.       The
Undersigned is an "Accredited Investor", as that term is defined in Rule 501 of Regulation D promulgated under
the Securities Act. The Undersigned is (check applicable box):

 

[ x ] An Accredited Investor.

 

 [_] NOT an Accredited Investor.

 

If the Undersigned is an Accredited
Investor, the Undersigned's status is (check applicable box):

 

(a)       [_]
a bank as defined in Section 3(a)(2) of the Securities Act, or a savings and loan association or other institution as
defined in Section 3(a)(5)(A) of the Securities Act, acting in either an individual or fiduciary capacity.

 

(b)       [_]
an insurance company as defined in Section 2(13) of the Act.

 

(c)       [_]
an investment company registered under the Investment Issuer Act of 1940 or a business development company as defined in
Section 2(a)(48) of that Act.

 

(d)       [_]
a Small Business Investment Issuer licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the Small
Business Investment Act of 1958.

 

 

 

    	 	13	 

     

    

 

(e)       [_]
a plan established and maintained by a state, its political subdivisions or any agency or instrumentality of a state or its
political subdivisions for the benefit of its employees, if such plan has total assets in excess of $5,000,000.

 

(f)       [_]
an employee benefit plan within the meaning of Title 1 of the Employee Retirement Income Security Act of 1974, and the
investment decision is made by a plan fiduciary, as defined in Section 3(21) of such Act, which is either a bank, savings and
loan association, insurance company or registered investment advisor, or an employee benefit plan having total assets in
excess of $5,000,000 or, if a self-directed plan, with investment decisions made solely by persons who are Accredited
Investors.

 

(g)       [_]
a private business development company as defined in Section 202(a(22) of the investment Advisors Act of 1940.

 

(h)       [_] an organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, a corporation, Massachusetts or
similar business trust, or a partnership not formed for the specific purpose of acquiring the Promissory Note, with total
assets in excess of $5,000,000.

 

(i)       [_]
any trust with total assets in excess of $5,000,000 not formed for the specific purpose of acquiring the Promissory Note,
whose purchase is directed by a sophisticated person who has such knowledge and experience in financial and business matters
that he is capable of evaluating the merits and risks of the prospective investment.

 

(j)       [_]
a broker or dealer registered pursuant to Section 15 of the Securities Exchange Act of 1934, as amended.

 

(k)       [_]
an individual (See Section 2.4 below)

 

(l)       [ x
] none of the above

 

Individual Undersigned. If the Undersigned
is an individual who is an Accredited Investor, then the Undersigned has the following status (check an applicable box):

 

[_]       is
a director, executive officer or general partner of the Company/issuer of the Stock being offered or sold or a director, executive
officer or general partner of a general partner of that issuer.

 

[_]       has
an individual net worth, or joint net worth with that person's spouse, at the time of his purchase exceeding $1,000,000, exclusive
of the primary residence.

 

 

 

    	 	14	 

     

    

 

[_]       had
an individual income in excess of $200,000 in each of the two most recent years or joint income with that person's spouse in excess
of $300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year.

 

[_]       none
of the above.

 

	 	 	________
	 	 	(Initials)

 

L.       The
Undersigned acknowledges and agrees that the Company is relying on the Undersigned's representations contained in this Agreement
in determining whether to accept this subscription. The Undersigned agrees that the Company reserves the unrestricted right and
sole discretion to accept, reject or limit any subscription, and to close the offer of securities at any time, (i) for any reason,
(i) for no reason, or (i) based on applicable federal and/or state laws, rules or regulations, including, but not limited to federal
and/or state securities laws, rules or regulations.

 

M.       The
foregoing representations and warranties shall be true and accurate as of the date hereof and as of the date of any acceptance
of this Offer by the Company and shall survive the date of such acceptance by the Company. The Undersigned represents and warrants
that all representations made by the Undersigned hereunder are true and correct in all material respects as of the date of execution
hereof, and the Undersigned further agrees that the Undersigned shall inform the Company immediately of any changes in any of the
representations provided by the Undersigned hereunder.

 

3.       Indemnification:
The Undersigned acknowledges that he/she/it understands the meaning and legal consequence of the representations and warranties
contained in Paragraph 2 hereof and the Undersigned hereby expressly and unconditionally agrees to indemnify and hold harmless
the Company, together with its officers, directors, controlling persons, shareholders, agents, representatives, employees, accountants
and attorneys, together with their respective heirs, representatives, successors and assigns, from any and all loss, damage or
liability due to or arising out of (i) a breach of any such representation or warranty by the Undersigned, or (ii) a breach of
any warranty of the Undersigned contained in this Offer. The Undersigned further agrees to hold the Company and its directors,
officers and controlling persons and their respective heirs, representatives, successors and assigns harmless and to indemnify
them against all liabilities, costs and expenses incurred by them as a result of any sale, transfer or other disposition of the
Securities by the Undersigned in violation of any Securities Laws or any misrepresentation herein.

 

4.       Access
to and Furnishing Infounation: The Company has provided the Undersigned with a link to the EDGAR Database containing the Company's
background, history, corporate governance, financial information and information related to the proposed business of the Company
("Company Information"). The Undersigned hereby acknowledges that he/she/it has had an opportunity to review and
understand the Company Information and has, if he/she/it deemed it necessary, consulted with a legal and/or tax advisor.

 

 

 

    	 	15	 

     

    

 

Most significantly,
neither the Company, nor its officers, directors, employees, representatives or agents have made any oral representation of whatsoever
nature to the Undersigned relating to the Company and/or Company Information, and the Undersigned is relying exclusively on the
Company Information referenced in this Paragraph 4 in making an investment decision.

 

5.       Transferability:
The Undersigned agrees not to transfer or assign this Offer, or any of the Undersigned's interest therein, and further agrees that
the assignment and transferability of the Stock acquired pursuant hereto shall be made only in accordance with this Offer. The
Company shall issue stop transfer instructions to its transfer agent for its common stock with respect to the Stock and shall place
the following legend on the certificates representing the Stock:

 

"The shares represented
by this certificate have been acquired pursuant to a transaction effected in reliance upon Section 4(2) of the Securities Act of
1933, as amended, (the "Act") and have not been the subject of a Registration Statement under the Act or any state securities
act. These securities may not be sold or otherwise transferred in the absence of such registration or applicable exemption therefrom
under the Act or any applicable state securities act."

 

"The shares represented
by this certificate have been issued under the limited offering exemption provided by Sec. 25102(f) of the California Corporations
Code."

 

6.       Revocation:
The Undersigned expressly and unconditionally agrees that he/she/it shall not cancel, terminate or revoke this Agreement or any
provisions hereof or any agreement of the Undersigned made hereunder.

 

7.       Notices:
All notices or other communications given or made hereunder shall be in writing and shall be delivered or mailed by registered
or certified mail, return receipt requested, postage prepaid, to the Undersigned or to the Company at their respective addresses
set forth herein.

 

8.       Governing
Law: This Agreement, and any and all transactions contemplated hereunder, shall be construed in accordance with and governed
solely and exclusively by the laws of the State of Nevada, as amended, and sole and exclusive jurisdiction and venue regarding
any matters relating to this Agreement shall be in Reno, Washoe County, Nevada.

 

9.       Entire
Agreement: This Offer constitutes the entire agreement among the parties hereto with respect to the subject matter hereof and
may be amended only by a writing executed by all parties.

 

 

 

    	 	16	 

     

    

 

 

IN
WITNESS WHEREOF, the parties hereto have executed this Offer as of the date and year set forth below.

 

DATED this _31 day of December, 2018.

 

	 	 Bruce Lee Beverage, LLC

Name of Subscriber
(Please Print)

 

/s/ Eugene Tsai

Signature

 

EugeneTsai (Managing Member) Name of Signer
(Please Print)

 

4221 Don Jose Dr, 

Address

 

Los Angeles, CA 90008 

 

City       State/Province       Postal/Zip Code

 

Gene@BruceLeeBeverage.com

E-mail

	 	 
	 	 
	THIS OFFER IS ACCEPTED BY:	VITALIBIS, INC.
	 	 
	 	By: /s/ Steven P. Raack
	 	 
	 	Its: Steven P. Raack
	 	Name of Signer (Please Print)
	 	 

 

 

 

 

    	 	17	 

     

    

 

THIS WARRANT AND THE SECURITIES ISSUABLE UPON
THE EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THEY MAY NOT BE SOLD, OFFERED FOR SALE,
PLEDGED, HYPOTHECATED, OR OTHERWISE TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT
OF 1933, AS AMENDED OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT REGISTRATION IS NOT REQUIRED.

 

	Warrant No.:	Void After ____________________

 

 

VITALIBIS, INC.

 

WARRANT TO PURCHASE SHARES

 

This Warrant is issued
to Bruce Lee Beverage LLC ("Holder") by VITALIBIS, INC., a Nevada corporation (the "Company"), in
connection with consideration received from Holder, pursuant to the terms of an Alliance Agreement between the parties, the receipt
and sufficiency of which is hereby expressly acknowledged by the Company.

 

1. Purchase of
Shares. Subject to the terms and conditions hereinafter set forth, the Holder of this Warrant is entitled, upon surrender of
this Warrant at the principal office of the Company (or at such other place as the Company shall notify the Holder hereof in writing),
to purchase from the Company, pursuant to the terms of the Alliance Agreement, up to 1,500,000 fully paid and nonassessable shares
of the Company's Common Stock (each a "Share" and collectively the "Shares") at an exercise price
of $ 1.01  per Share (such price, as adjusted from time to time, is herein referred to as the "Exercise Price").

 

2. Exercise Period.
This Warrant shall be exercisable, in whole or in part, during the term commencing on the issuance date of this Warrant and ending
at 5 p.m. Nevada time on 2 years from issuance and vesting (the "Exercise Period").

 

3. Method of Exercise.
While this Warrant remains outstanding and exercisable in accordance with Section 2 above, the Holder may exercise from time to
time, in whole or in part, the purchase rights evidenced hereby. Such exercise shall be effected by:

 

(i)       the
surrender of the Warrant, together with a written notice of exercise to the Secretary of the Company at its principal offices;
and

 

(ii)       the
payment to the Company of an amount equal to the aggregate Exercise Price for the number of Shares being purchased.

 

4. Certificates
for Shares; Amendments of Warrants. Upon the exercise of the purchase rights evidenced by this Warrant, one or more certificates
for the number of Shares so purchased shall be issued as soon as practicable thereafter, and in any event within thirty (30) days
of the delivery of the subscription notice. Upon partial exercise, the Company shall promptly issue an amended Warrant representing
the remaining number of Shares purchasable thereunder. All other terms and conditions of such amended Warrant shall be identical
to those contained herein.

 

5. Issuance of
Shares. The Company covenants that (i) the Shares, when issued pursuant to the exercise of this Warrant, will be duly and validly
issued, fully paid and nonassessable and free from all taxes, liens, and charges with respect to the issuance thereof, (ii) during
the Exercise Period the Company will reserve from its authorized and unissued Common Stock sufficient Shares in order to perform
its obligations under this Warrant.

 

6. Adjustment of
Exercise Price and Number of Shares. The number of and kind of securities purchasable upon exercise of this Warrant and the
Exercise Price shall be subject to adjustment from time to time as follows:

 

(a) Subdivisions,
Combinations and Other Issuances. If the Company shall at any time before the expiration of this Warrant subdivide the
Shares, by split-up or otherwise, or combine its Shares, or issue additional shares of its Shares as a dividend, the number
of Shares issuable on the exercise of this Warrant shall forthwith be proportionately increased in the case of a subdivision
or stock dividend, or proportionately decreased in the case of a combination. Appropriate adjustments shall also be made to
the purchase price payable per share, but the aggregate purchase price payable for the total number of Shares purchasable
under this Warrant (as adjusted) shall remain the same. Any adjustment under this Section 6(a) shall become effective at the
close of business on the date the subdivision or combination becomes effective, or as of the record date of such dividend, or
in the event that no record date is fixed, upon the making of such dividend.

 

 

 

    	 	18	 

     

    

 

(b)       Reclassification,
Reorganization and Consolidation. In case of any reclassification, capital reorganization, or change in the capital stock (including
because of a change of control) of the Company (other than as a result of a subdivision, combination, or stock dividend provided
for in Section 6(a) above), then the Company shall make appropriate provision so that the Holder of this Warrant shall have the
right at any time before the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of
this Warrant, the kind and amount of shares of stock and other securities and property receivable in connection with such reclassification,
reorganization, or change by a holder of the same number of Shares as were purchasable by the Holder of this Warrant immediately
before such reclassification, reorganization, or change. In any such case appropriate provisions shall be made with respect to
the rights and interest of the Holder of this Warrant so that the provisions hereof shall thereafter be applicable with respect
to any shares of stock or other securities and property deliverable upon exercise hereof, and appropriate adjustments shall be
made to the purchase price per share payable hereunder, provided the aggregate purchase price shall remain the same.

 

(c)       Notice
of Adjustment. When any adjustment is required to be made in the number or kind of shares purchasable upon exercise of the
Warrant, or in the Exercise Price, the Company shall promptly notify the Holder of such event and of the number of Shares or other
securities or property thereafter purchasable upon exercise of this Warrant.

 

7.       No
Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise
of this Warrant, but in lieu of such fractional shares the Company shall make a cash payment therefor on the basis of the Exercise
Price then in effect.

 

8.       Representations
of the Company. The Company represents that all required corporate actions on the part of the Company, its officers, directors
and stockholders necessary for the sale and issuance of this Warrant have been taken.

 

9.       Representations
and Warranties by the Holder. The Holder represents and warrants to the Company as follows:

 

(a)       This
Warrant and the Shares issuable upon exercise thereof are being acquired for its own account, for investment and not with a view
to, or for resale in connection with, any distribution or public offering thereof within the meaning of the Securities Act of 1933,
as amended (the "Act"). Upon exercise of this Warrant, the Holder shall, if so requested by the Company, confirm
in writing, in a form satisfactory to the Company, that the securities issuable upon exercise of this Warrant are being acquired
for investment and not with a view toward distribution or resale.

 

(b)       The
Holder understands that the Warrant and the Shares have not been registered under the Act by reason of their issuance in a transaction
exempt from the registration and prospectus delivery requirements of the Act pursuant to Section 4(2) thereof, and that they must
be held by the Holder indefinitely, and that the Holder must therefore bear the economic risk of such investment indefinitely,
unless a subsequent disposition thereof is registered under the Act or is exempted from such registration. The Holder further understands
that the Warrant Shares have not been qualified under the California Securities Law of 1968 (the "California Law")
by reason of their issuance in a transaction exempt from the qualification requirements of the California Law pursuant to Section
25102(f) thereof, which exemption depends upon, among other things, the bona fide nature of the Holder's investment intent
expressed above.

 

(c)       The
Holder has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks
of the purchase of this Warrant and the Shares purchasable pursuant to the terms of this Warrant and of protecting its interests
in connection therewith.

 

(d)       The
Holder is able to bear the economic risk of the purchase of the Shares pursuant to the terms of this Warrant.

 

(e)       The
Holder is an "accredited investor" as such term is defined in Rule 501 of Regulation D promulgated under the

 

Act.

 

 

 

    	 	19	 

     

    

 

10. Restrictive Legend.

 

The Shares (unless registered under the Act) shall
be stamped or imprinted with a legend in substantially the following

 

form:

 

(i)       THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED (THE "ACT"). SUCH SECURITIES MAY NOT BE TRANSFERRED UNLESS A REGISTRATION STATEMENT UNDER THE
ACT IS IN EFFECT AS TO SUCH TRANSFER OR SUCH TRANSFER MAY BE MADE PURSUANT TO RULE 144 OR IN THE OPINION OF COUNSEL FOR THE COMPANY,
REGISTRATION UNDER THE ACT IS UNNECESSARY IN ORDER FOR SUCH TRANSFER TO COMPLY WITH THE ACT.

 

(ii)       "THE
SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ISSUED UNDER THE LIMITED OFFERING EXEMPTION PROVIDED BY SEC. 25102(F) OF THE CALIFORNIA
CORPORATIONS CODE."

 

11.       Warrants
Transferable. Subject to compliance with the terms and conditions of this Section 11, this Warrant and all rights hereunder
are transferable, without charge to the Holder hereof (except for transfer taxes), upon surrender of this Warrant properly endorsed
or accompanied by written instructions of transfer. With respect to any offer, sale or other disposition of this Warrant or any
Shares acquired pursuant to the exercise of this Warrant before registration of such Warrant or Shares, the Holder hereof agrees
to give written notice to the Company prior thereto, describing briefly the manner thereof, together with a written opinion of
such Holder's counsel, or other evidence, if requested by the Company, to the effect that such offer, sale or other disposition
may be effected without registration or qualification (under the Act as then in effect or any federal or state securities law then
in effect) of this Warrant or the Shares and indicating whether or not under the Act certificates for this Warrant or the Shares
to be sold or otherwise disposed of require any restrictive legend as to applicable restrictions on transferability in order to
ensure compliance with such law. Upon receiving such written notice and reasonably satisfactory opinion or other evidence, if so
requested, the Company, as promptly as practicable, shall notify such Holder that such Holder may sell or otherwise dispose of
this Warrant or such Shares, all in accordance with the terms of the notice delivered to the Company. If a determination has been
made pursuant to this Section 11 that the opinion of counsel for the Holder or other evidence is not reasonably satisfactory to
the Company, the Company shall so notify the Holder promptly with details thereof after such determination has been made. Each
certificate representing this Warrant or the Shares transferred in accordance with this Section 11 shall bear a legend as to the
applicable restrictions on transferability in order to ensure compliance with such laws, unless in the aforesaid opinion of counsel
for the Holder, such legend is not required. In order to ensure compliance with such laws, the Company may issue stop transfer
instructions to its transfer agent in connection with such restrictions.

 

12.       Rights
of Stockholders. No Holder of this Warrant shall be entitled, as a Holder, to vote or receive dividends or be deemed the holder
of the Shares or any other securities of the Company which may at any time be issuable on the exercise hereof for any purpose,
nor shall anything contained herein be construed to confer upon the Holder of this Warrant, as such, any of the rights of a stockholder
of the Company or any right to vote for the election of directors or upon any matter submitted to stockholders at any meeting thereof,
or to give or withhold consent to any corporate action (whether upon any recapitalization, issuance of stock, reclassification
of stock, change of par value, consolidation, merger, conveyance, or otherwise) or to receive notice of meetings, or to receive
dividends or subscription rights or otherwise until the Warrant shall have been exercised and the Shares purchasable upon the exercise
hereof shall have become deliverable, as provided herein.

 

13.       Notices.
All notices and other communications required or permitted hereunder shall be in writing, shall be effective when given, and shall
in any event be deemed to be given upon receipt or, if earlier, (a) five (5) days after deposit with the U.S. Postal Service or
other applicable postal service, if delivered by first class mail, postage prepaid, (b) upon delivery, if delivered by hand, (c)
one business day after the business day of deposit with Federal Express or similar overnight courier, freight prepaid or (d) one
business day after the business day of facsimile transmission, if delivered by facsimile transmission with copy by first class
mail, postage prepaid, and shall be addressed (i) if to the Holder, at 4221 Don Jose Dr, Los Angeles, CA 90008_ and (ii)
if to the Company, at the address of its principal corporate offices 3960 Howard Hughes Parkway, Suite 500, Las Vegas, NV 89169
(attention: President), with a copy to Michael J. Morrison, Chtd., 1495 Ridgeview Drive, Ste. 220, Reno, NV 89519, Attn: Michael
J. Morrison, Esq. (which copy shall not be deemed to constitute

 

 

 

    	 	20	 

     

    

 

notice to the Company) or at such other address as a party may
designate by ten days advance written notice to the other party pursuant to the provisions above.

 

14.       Governing
Law. This Warrant and all actions arising out of or in connection with this Agreement shall be governed by and construed in
accordance with the laws of Nevada, without regard to the conflicts of law provisions of Nevada or of any other state.

 

15.       Rights
and Obligations Survive Exercise of Warrant. Unless otherwise provided herein, the rights and obligations of the Company, of
the Holder of this Warrant and of the holder of the Shares issued upon exercise of this Warrant, shall survive the exercise of
this Warrant.

 

	 	VITALIBIS, INC.
	 	 
	 	 
	 	By: /s/ Steven P. Raack
	 	 
	 	Steven P. Raack
	 	 
	 	Its: CEO
	 	 

 

 

 

 

    	 	21	 

     

    

 

EXHIBIT
A

 

NOTICE
OF EXERCISE

 

VITALIBIS, INC.

3960 Howard Hughes Parkway, Suite 500

Las Vegas, NV 89169

Attention: President

 

1.       The
undersigned hereby elects to purchase_________________ shares of Common Stock of VITALIBIS, INC. (the "Shares") pursuant to the
terms of the attached Warrant.

 

2.       The
undersigned elects to exercise the attached Warrant by means of a cash payment, and tenders herewith payment in full for the purchase
price of the shares being purchased, together with all applicable transfer taxes, if any.

 

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

 

	 	 
	 	(Name)
	 	 
	 	 
	 	(Address)
	 	 
	 	 
	 	(Address)
	 	 

 

4.       The
undersigned hereby represents and warrants that the aforesaid Shares are being acquired for the account of the undersigned for
investment and not with a view to, or for resale, in connection with the distribution thereof, and that the undersigned has no
present intention of distributing or reselling such shares and all representations and warranties of the undersigned set forth
in Section 9 of the attached Warrant (including Section 9(e) thereof) are true and correct as of the date hereof.

 

 

	 	 	 
	 	 	(Signature)
	 	 	 
	 	 	 
	 	 	(Name)
	 	 	 
	 	 	 
	 	 	 
	(Date)	 	(Title)
	 	 	 

 

 

 

    	 	22	 

     

    

 

 

EXHIBIT B

 

FORM OF TRANSFER

 

(To be signed only upon transfer of Warrant)

 

FOR VALUE RECEIVED, the undersigned
hereby sells, assigns and transfers unto_______________________________________ the right represented by the attached Warrant
to purchase_____ shares of Common Stock of VITALIBIS, INC. to which the attached Warrant relates, and
appoints_________ Attorney to transfer such right on the books of VITALIBIS, INC., with full power of substitution in the
premises.

 

Dated:________________

 

 

	 	 
	 	(Signature
must conform in all respects to name of Holder as specified on the face of the Warrant)
	 	 
	 	Address: _____________________
	 	 
	 	               ______________________ 
	 	 
	 	               ______________________
	 	 
	 	             _______________________
	 	 

 

 

Signed in the presence of:

 

 

_______________________ 

 

Dated: ____________________

 

 

 

 

    	 	23Exhibit 10.13

 

 

 

INDEPENDENT CONTRACTOR / FOUNDING AMBASSADOR
AGREEMENT

 

This Vitalibis Independent Contractor / Founding Ambassador
Agreement, entered into and made effective and binding on the parties hereto as of March 29, 2019 ("Effective Date"),
sets forth the terms and conditions of the understanding and agreement for enrolling JOHNNIE B. BAKER, JR. as a Founding Ambassador
(referred to as "Ambassador", "Dusty", "r, "me, or "my"), and VITALIBIS, INC., a
Nevada corporation, and its subsidiary(ies) and affiliated entities (together referred to collectively as "Vitalibis"
or "Company"). The parties expressly and unconditionally understand, acknowledge and agree that, for all purposes, this
Agreement is deemed by the parties hereto to have been entered into and executed in the State of California, and is subject to
and governed by, in any and all respects whatsoever, by the laws of the State of California.

 

1.             
Agreement. The term "Agreement" shall collectively refer to this Vitalibis Independent Contractor / Founding Ambassador
Agreement, and any addendum executed by the parties hereto, including Addendum 1 attached to this Agreement (together, the "Documents").
These Documents, in their current form, are specifically incorporated and integrated herein by reference, and constitute the entire
agreement between Ambassador and Vitalibis.1

 

2.             
Independent Contractor. I expressly and unconditionally understand, acknowledge and agree that, as an Ambassador, I
am solely and exclusively an independent contractor, under the employment laws of the state in which the Ambassador resides and/or
operates, and I am not an employee, agent, partner, legal representative or franchisee of Vitalibis. I understand and agree that
I am not, and will not be treated as, an employee of Vitalibis for any purpose whatsoever, including, but not limited to federal
or state tax purpose(s) and/or purpose(s) of any direct or indirect employee benefit(s) of any nature or kind whatsoever. Other
than my status as an independent contractor, I do not have any other relationship of whatsoever nature, directly or indirectly,
with Vitalibis. I expressly and unconditionally understand and agree that Vitalibis is not responsible for my withholding, or any
other kind or form of taxes, and shall not withhold or deduct any taxes from any compensation, unless such withholding becomes
required by an applicable law, rule or regulation.

 

3.              Publicity
Rights. Unless expressly agreed in a writing executed by Ambassador and Vitalibis, Ambassador does not consent to the use
of his voice, likeness, image, name, signature, photograph or any other thing as determined by California law in
which Ambassador has a Right of Publicity. However, Vitalibis may use Ambassador's name, photograph, and likeness as
necessary to fulfill the terms of this Agreement, and in connection with Ambassador's role as stated herein. Any use by
Vitalibis of Ambassador's name, voice, signature, photograph, likeness, or any other thing in which Ambassador has a Right of
Publicity as determined by California law shall cease immediately upon termination of this Agreement. Vitalibis expressly
agrees to strictly comply with the terms of this paragraph.

 

 ____________________

1
The parties hereby acknowledge that use of the Vitalibis website, whether as customer or ambassador requires reference and
compliance with the Vitalibis Privacy Policy and Terms of Use.

 

    	 	1	 

     

    

 

4.                 
Cooperation and Good Faith. The parties hereto hereby agree to cooperate with the other and to act in good faith and to
fairly deal with each other in all respects. This covenant of cooperation and good faith extends to the conduct and efforts described
in Addendum 1, "Description of Services and Compensation." Nothing herein, however, shall serve to require or otherwise
mandate Ambassador to achieve any of the goals set forth in Milestones set forth in Addendum 1 by a date certain, or at all; although
any efforts toward this end will be subject to the Parties' obligations to cooperate fairly and to act in good faith in all respects.

 

5.                 
Compliance with the Law. Ambassador shall comply with any and all applicable laws, rules and regulations, and shall not
engage in any act or omission that constitutes a violation of any applicable laws, rules or regulations.

 

6.                 
Term. The term of this Agreement commences on the date Vitalibis signs and accepts my application and continues until terminated
("Term").

 

7.                 
Termination. Ambassador expressly and unconditionally understands and acknowledges that he/she may terminate this Agreement
for any reason, or for no reason, at any time by giving Vitalibis written or email (CustomerCare@vitalibis.com)
notice. Ambassador also expressly and unconditionally understands and acknowledges that, in the event Ambassador breaches any of
the terms or conditions of this Agreement, or any New Agreement, and does not cure such breach(es) within thirty (30) calendar
days after Vitalibis gives written notice to Ambassador and to Ambassador's counsel, Huguenin Kahn, LLP of such breach(es), Vitalibis
may terminate this Agreement, or any New Agreement. The date of termination will be the date Vitalibis gives Ambassador and Ambassador's
counsel, Huguenin Kahn, LLP written notice of termination ("Termination Date"). If the Agreement is terminated for any
reason, or for no reason, I expressly and unconditionally understand, acknowledge and agree that I will immediately and permanently
lose (a) all rights, titles, interests, benefits and privileges available to an Ambassador, including, but not limited to, rights
to commissions, bonuses and other compensation, other than those rights, titles, interests, benefits and privileges which have
become earned and acquired and/or due and payable prior to or on the Date of Termination, and (b) any and all rights and claims
relating, directly or indirectly, to my sales organization and rights under this Agreement. The Parties also agree that any portion
of the Milestone Incentive Benefits, as defined in Addendum 1, accumulated upon termination of the Agreement, regardless of cause,
shall be offered to Ambassador in direct proportion to the Milestone condition(s) satisfied (e.g., if in Milestone 4, Ambassador
and his ambassador team secured gross sales in the amount of $800,000 as of the date of termination, Ambassador will be entitled
to receive 80% of the Incentive Benefits from Milestone 4).

 

8.                  No
Guarantee of Income. I fully understand and agree, subject to any earned commissions hereunder or other Incentive
Benefits earned or accumulated pursuant to the terms and conditions of Addendum 1, that Vitalibis has not guaranteed, and
does not guarantee, that I will earn or be otherwise entitled to receive any amount of income or be profitable in my efforts
hereunder, and Vitalibis has never made any representations, directly or indirectly, to the contrary. I fully understand and
agree that I shall not represent to others, either directly or indirectly, that an Ambassador is guaranteed an income or will
derive profits from his/her efforts hereunder. I fully understand and specifically acknowledge and agree that my income
hereunder, if any, is dependent solely and exclusively on my gross sales (commissions) and my efforts in securing the
Milestone achievements as set forth in Addendum 1, both of which include my direct sales of products offered by Vitalibis to
the end-user / customer ("Products").6

 

9.       General Conduct.
Ambassador shall diligently and in good faith safeguard and promote the good will and reputation of (a) Vitalibis, its directors,
officers, agents, advisors, attorneys and employees, and (b) the Products. I also expressly and unconditionally agree to refrain
from and avoid all deceptive, misleading, unethical or immoral conduct or practices that would otherwise serve to detrimentally
impact my ability to serve as an Ambassador and to represent the Vitalibis product line and values for which it stands. The foregoing
obligations, conduct and practices shall, together, constitute the policy of Vitalibis as regards minimum standards of acceptable
conduct by Ambassador ("Policy"). Ambassador shall not engage in any conduct that may, damage or cast a negative
light on either (a) the goodwill, reputation, brand, management personnel or business of Vitalibis, or (b) the Product(s). While
it is impossible to specify all misconduct that would be contrary to our Policy, Ambassador expressly and unconditionally acknowledges
and agrees that the following list of conduct and standards specifically apply to and govern Ambassador's activities hereunder:

 

 

 

    	 	2	 

     

    

 

AT NO TIME SHALL AMBASSADOR MAKE ANY REPRESENTATIONS OR CLAIMS
OF ANY NATURE WHATSOEVER, AT ANY TIME, IN ANY FORM OF COMMUNICATION RELATING TO THE VITALIBIS PRODUCTS, OR THE INCOME THAT MAY
BE DERIVED FROM HIS/HER POSITION AS AN AMBASSADOR, SAVE AND EXCEPT FOR THE FOLLOWING:

 

		1.	THE REPRESENTATIONS AND CLAIMS PUBLISHED BY VITALIBIS ON ITS COMPANY WEBSITE;

 

		2.	THE REPRESENTATIONS AND CLAIMS PUBLISHED BY VITALIBIS ON THE PRODUCT PACKAGING; and

 

		3.	THE REPRESENTATIONS AND CLAIMS ON THE CONTAINERS IN WHICH THE PRODUCTS ARE SOLD.

 

		·	Ambassador must conspicuously identify himself/herself as a Vitalibis Independent Contractor / Ambassador in all advertising,
telephone directory listings, promotional material, social media postings, and other forms of communication in which Ambasador
promotes Vitalibis, the Products, Vitalibis services ("Services ") and/or the Vitalibis business. Ambassador is responsible
for the content of all material that he/she produces and/or utilizes in the performance of Services hereunder, specifically including,
but not limited to any and all of his/her postings on any social media site, as well as all posting on any social
media site that he/she own, operate, manage or control. Nothing herein shall be construed to preclude or otherwise restrict Dusty
from marketing Vitalibis products on his various business websites, provided that any
and all sales under and through Dusty's Vitalibis website are processed and appropriately credited in and through Dusty's Vitalibis
website sales link.

 

		·	Deceptive conduct is always strictly prohibited — no exceptions. Ambassador must ensure that his/her statements are truthful,
fair, accurate, and are not misleading in any fashion. However, and because Ambassador will rely on certain representations and
claims made by Vitalibis, Vitalibis expressly warrants that all representations and claims published by Vitalibis on its company
website, all representations and claims published by Vitalibis on any and all product packaging, and all representations and claims
on any and all containers in which Vitalibis products are sold are truthful, fair, accurate, and are not misleading in any fashion.

 

		·	Ambassador may not make any social media postings, or link to or from any postings or other material that is sexually explicit,
obscene, pornographic, offensive, profane, hateful, threatening, harmful, defamatory, libelous, harassing, or discriminatory (whether
based on race, ethnicity, creed, religion, gender, sexual orientation, physical disability, or otherwise), is graphically violent,
is solicitous of any unlawful behavior, that engages in personal attacks on any individual, group, or entity, or is in violation
of any intellectual property rights of Vitalibis or any third party.

 

		·	If this Agreement is terminated for any reason, or for no reason, Ambassador must immediately, commencing on the Date of Termination,
and forever thereafter, discontinue using the Vitalibis name, trademark and all other Vitalibis intellectual property, and all
derivatives of such intellectual property, in postings on any social media, websites, or other promotional material, for the purpose
of promoting sales or other related business activity.

 

		·	Ambassador may not represent or imply that any state or federal government official, agency, or body has approved or endorses
Vitalibis, its business, programs, or Products unless any such state or federal governmental official, agency, or body has approved
or endorsed Vitalibis, its business, programs, or Products, or Ambassador is given authorization by Vitalibis to make such representations.

 

Ambassador expressly and
unconditionally represents, warrants and agrees that he/she shall not, directly or indirectly, offer the Products for sale or
fulfill sales/orders of such Products through any website or other electronic site, without the express prior written consent
of Vitalibis, which can be granted solely through execution by Vitalibis of a separate and distinct Vitalibis Authorized
Online Seller Agreement. Execution by Vitalibis of the Authorized Online Seller Agreement constitutes the sole and exclusive
authorized means of providing its consent to advertise, market or sell the Products online. No Vitalibis employee or agent
may authorize online sales through oral statements, other written agreements, or by any other means. Selling on third-party
marketplace sites, including Amazon, eBay, Walmart Marketplace, Sears Marketplace, and Jet, or through drop-ship accounts
(e.g. Rakuten, Newegg, Overstock), classified sites (e.g. Etsy, Craigslist, Facebook Marketplace), or social media is
absolutely and strictly prohibited — no exceptions. Any Ambassador that violates the above prohibitions is subject to
immediate and permanent termination of (i) this Agreement, and (ii) all purchasing and selling privileges.

 

 

 

    	 	3	 

     

    

 

10.       Indemnification
and Defense. Vitalibis and its directors, officers, shareholders, members, partners, employees, attorneys, agents and assigns
(collectively referred to as "Indemnifying Parties") shall defend, indemnify and hold harmless indemnitee Ambassador2
from, against and in respect of any and all losses involving a Third Party products liability claim or action incurred or suffered
by the Ambassador, directly or indirectly, or relating to Vitalibis products. Indemnifying Parties shall defend indemnify and hold
harmless Ambassador from, against and in respect to any and all claims, suits, actions, proceedings, or other related litigation
arising from, or in connection with, any and all representations and claims published by Vitalibis on its company website, all
representations and claims published by Vitalibis on any and all product packaging, and all representations and claims on any and
all containers in which Vitalibis products, including where Ambassador has repeated or disseminated such material. Ambassador and
Vitalibis expressly agree that Ambassador shall retain the right, at Ambassador's sole discretion, to retain the attorney of Ambassador's
choice in any such suit without waiving any of the defense and indemnity rights stated herein.

 

In connection with
any agreement Vitalibis enters into with any other Ambassador, associate or otherwise, Vitalibis expressly represents and
warrants that it shall require and include in any such agreement an indemnity and defense provision of equal dignity with the
terms and conditions of this Section 10. The express intent of including this required provision is to insure that Dusty is
protected from liability arising, directly or indirectly, from the action and/or inaction hereunder by any and all other
Vitalibis Ambassadors.

 

In turn, Ambassador agrees to indemnify Vitalibis in connection
with any conduct of Ambassador (conduct for which Vitalibis does not owe a duty to defend and indemnify Ambassador as determined
by the above) for which there has been an adjudication of liability against Vitalibis.

 

11.       Confidential
Information. "Confidential Information" includes, but is not limited to, the identities, contact information, and/or
sales information relating to Vitalibis Ambassadors and/or Customers: (a) that is contained in or derived from any Ambassador's
respective "Behind the Counter" facilities or programs; (b) that is derived from any reports issued by Vitalibis to Ambassadors
to assist them in operating and managing his/her respective Vitalibis-related business; and/or (c) to whom/which an Ambassador
would not otherwise have access or would not otherwise have acquired, but for his/her independent contractor relationship with
Vitalibis. Confidential Information also includes proprietary business trade secrets which belongs exclusively to Vitalibis, but
are provided to Ambassador in strict confidence, and subject to prior execution of a Non-competition, Non-disclosure and Non-Circumvention
Agreement, consistent with and governed in all respects by Nevada law. Such Agreement shall be expressly and unconditionally deemed
by the parties hereto, for all purposes, to have been executed in the State of Nevada. Confidential Information shall not be directly
or indirectly disclosed by Ambassador to any third party, nor used for any purpose whatsoever other
than Ambassador's use in building and managing his/her Vitalibis-related business described herein.

 

 

_______________

2 This indemnity
provision shall apply and extend to protect indemnitees, Johnnie B. Baker Jr., individually, and as Trustee of the Johnnie B.
Baker and Melissa G. Baker, Revocable Trust ("the Trust"), and the Trust, as signatories to this Agreement.

 

 

 

    	 	4	 

     

    

 

 

12.       Commissions.
Vitalibis utilizes a unique compensation plan with three distinct commission areas: 1) Retail Commission, 2) Level 1 Commissions
and 3) Level 2 Commissions. Accordingly, in addition to the benefits afforded to Ambassador under Addendum 1, Ambassador
shall also be entitled to the commissions from sales as follows:

 

		·	Retail Commissions are earned by Ambassadors who sell Products to Retail Customers. Retail Customers are those customers who
purchase product directly through the Vitalibis website and who are not otherwise defmed as Level 1 or Level 2 Ambassadors. Vitalibis
uses a tiered Retail Commission structure as follows: Total Retail Sales between $1-499 in a calendar month will earn a 20% commission;
Total Retail Sales between $500-999 in a calendar month will earn a 25% commission; Total Retail Sales of $1,000 or more in a calendar
month will earn 30% commission.

 

		·	Level 1 Commissions earned by Ambassadors whose Level 1 Ambassadors generate sales volume. Level 1 Ambassadors are ambassadors
defined in Addendum 1 as members of Dusty's Ambassador Team. Vitalibis uses a tiered Level 1 Commission structure as follows: Total
Level 1 Volume between $1-2,499 in a calendar month will earn 5% commission; Total Level 1 Volume between $2,500-$4,999 in a calendar
month will earn 7% commission; Total Level 1 Volume of $5,000 or more in a calendar month will earn 10% commission.

 

		·	Level 2 Commissions are earned by Ambassadors whose Level 2 Ambassadors generate sales volume. Level 2 Ambassadors are ambassadors
not otherwise defined as Retail Customers or Level 1 Ambassadors and are those who sign up as ambassadors through the company website.
All Level 2 Commissions are paid out at 5%.

 

Payments for all commissions earned shall
be paid to Ambassador on a monthly basis, unless Vitalibis modifies its payment system to enable weekly and/or daily payment of
commissions to its entire Ambassador community.

 

13.             
Adjustment to Commissions. When a Products is returned to Vitalibis for a refund, is repurchased by the Company, or
a chargeback occurs, the commissions earned as a result of the corresponding sale will be deducted from the Ambassador and his/her
commissions. A refund of one order may impact the commissions for one or more Ambassadors, but shall not, in any way, affect any
of the benefits earned or accumulated under the Milestone provisions set forth in Addendum 1.

 

14.              Order
Cancellation and Return Policy. Federal and state law requires that Ambassador notifies his/her retail Customers that the
Customers have 3 business days within which to cancel his/her purchase and receive a full refund upon return of the
Products in substantially as good condition as when they were delivered. Ambassador shall verbally inform his/her Customers
of this right, shall provide them with 2 copies of a retail receipt at the time of the sale, and shall point out this
cancellation right stated on the receipt. Vitalibis agrees that it is responsible for keeping Ambassador informed of any
changes to the Order Cancellation and Return Policy, and/or any changes in the applicable Federal and state law.

 

		·	NOTE: The exceptions to the 3-business day rule are as follows: 5 business days for Alaska residents; and 15 business
days for residents of North Dakota over the age of 65. For purposes of counting the applicable days, Saturday is a business day,
Sundays and legal holidays are not business days.

 

		·	In addition to the Federal and State laws requiring cancellation notices, Vitalibis offers the following return policy:

 

		·	Return Procedures: Within 45 calendar days of a Product purchase, you must complete a
Return Authorization Form (available on the Company website atwww.vitalibis.com).
Return the merchandise along with the fully completed Return Authorization Form to Vitalibis' home office (the return shipping
address is on the Return Authorization Form).

 

15.             
Governing Law, Jurisdiction and Venue. Jurisdiction and venue of any matter arising hereunder shall reside exclusively
in the Superior Court of Placer County, California. The Federal Arbitration Act shall govern all matters relating to any and all
disputes of whatsoever nature arising hereunder, and the sole and exclusive method of resolution of such disputes shall be binding,
non-appealable arbitration hereunder. This notwithstanding, the laws of the State of Nevada shall solely and exclusively govern
all matters relating to or arising, directly or indirectly, from this Agreement.

 

 

 

    	 	5	 

     

    

 

16.             
Dispute Resolution.

 

		·	If a dispute arises relating to any relationship, contractual or otherwise, between or among Vitalibis, its officers, employees,
members, agents, attorneys, partners, Ambassadors or vendors ("Party" or "Parties"), or arising out of any
Products sold by Vitalibis, the parties agree to attempt in good faith to resolve any such dispute in an amicable and mutually
satisfactory manner.

 

		·	In the event such efforts are unsuccessful for any reason, either Party may serve a written notice of arbitration ("Notice
of Arbitration") on the other Party. Notice of Arbitration shall be personally delivered or sent by prepaid registered
mail, courier, facsimile transmission, email or by such other means of telecommunication that provides a record of sending the
Notice of Arbitration and shall be effective on receipt thereof by the Party to whom it is addressed. The Notice of Arbitration
shall be dated, and, without prejudice to any right under the applicable rules permitting subsequent modifications, shall specify
the claims or issues which are to be arbitrated. The Parties shall schedule an arbitration to occur in Placer County, California
within 45 calendar days of receipt of the Notice of Arbitration.

 

		·	THE PARTIES SPECIFICALLY AGREE THAT, IN ORDER TO PROMOTE TO THE FULLEST EXTENT REASONABLY POSSIBLE
A MUTUALLY AMICABLE

 

RESOLUTION OF THE DISPUTE IN A TIMELY, EFFICIENT AND COST-EFFECTIVE
MANNER, THEY KNOWINGLY AND UNCONDITIONALLY WAIVE HIS/HER RESPECTIVE RIGHTS TO A TRIAL BY JURY AND SHALL SETTLE HIS/HER DISPUTE
SOLELY BY SUBMITTING THE CONTROVERSY TO BINDING ARBITRATION IN ACCORDANCE WITH THE COMMERCIAL RULES OF THE AMERICAN ARBITRATION
ASSOCIATION ("A.A.A.") THEN IN EFFECT, EXCEPT THAT ALL PARTIES SHALL BE ENTITLED TO ALL DISCOVERY RIGHTS ALLOWED UNDER
THE FEDERAL RULES OF CIVIL PROCEDURE. EACH PARTY EXPRESSLY ACKNOWLEDGES THAT HE/SHE HAD THE OPPORTUNITY TO DISCUSS THIS CLAUSE
WITH AN ATTORNEY AND/OR A PROFESSIONAL OF THEIR CHOICE.

 

		·	The Parties shall attempt to select a mutually agreeable arbitrator from A.A.A.'s Panel of Arbitrators. Within fifteen (15)
business days of the mailing and/or service date of the Notice of Arbitration, Vitalibis or its related parties shall propose,
in writing, a list five arbitrators from the A.A.A. Panel of Arbitrators. Within ten (10) business days of receipt of the proposed
list, Ambassador shall select one arbitrator or propose Ambassador's own list of five arbitrators. Vitalibis or its related parties
shall have five (5) business days to select one arbitrator from Ambassador's proposed list. If the Parties cannot agree on an arbitrator
or an arbitrator is not selected by agreement, an arbitrator shall be selected in accordance with the Commercial Rules of A.A.A.

 

		·	The Arbitration shall be governed by the Federal Arbitration Act, 9 U.S.C. §1 et. seq.; and the judgment upon the award
rendered by the arbitrator may be entered by any California court having jurisdiction to enter the judgement. Either Party may
elect to participate in the arbitration telephonically. Any substantive or procedural rights other than the enforceability of this
Dispute Resolution Policy shall be governed by solely and exclusively by Nevada law, without regards to Nevada's conflict of laws
principles. NOTE: Louisiana resident Ambassadors may choose to arbitrate contract disputes in Louisiana and Louisiana law will
govern the contract and dispute.

 

		·	The Parties agree that any arbitration proceeding will be conducted on an individual, not a class-wide, basis, and that any
proceeding between the Parties may not be consolidated with another proceeding between one of the Parties and any other entity
or person. THE PARTIES KNOWINGLY AND SPECIFICALLY WAIVE ANY RIGHT TO CLASS-WIDE TREATMENT OF ANY CLAIM COVERED BY THIS AGREEMENT
AND DISPUTE RESOLUTION POLICY.

 

		·	The Parties further expressly agree that (i) the arbitrator shall only reach his/her decision by applying strict rules of law
to the facts, (ii) the arbitration shall be conducted in the English language, in Placer County, California (iii) the Party in
whose favor the arbitration award is rendered shall be entitled to recover all costs and expenses of the arbitration including,
but not limited to, legal fees, expert or other professional fees, and the cost and expense of administration of the arbitration
proceedings, and any costs and legal fees incurred in executing on or enforcing the arbitration award, and (iv) the arbitration
award shall be issued in Placer County, California.

 

 

 

    	 	6	 

     

    

 

		·	The Parties, A.A.A., and the arbitrator shall maintain the confidentiality of the entire arbitration process and may not disclose
to any other person not directly involved in the arbitration process: (i) the substance of, or basis for, the controversy, dispute,
or claim; (ii) the content of any testimony or other evidence presented at an arbitration hearing or obtained through discovery
in the arbitration; or (iii) the terms or amount of any arbitration award. A.A.A. and the arbitrator shall have the authority to
make appropriate rulings to safeguard confidentiality unless the law provides to the contrary.

 

		·	Except as provided in the following sentences, no party shall be entitled to commence or maintain any action in a court of
law upon any matter in dispute until such matter shall have been submitted and determined as provided herein and then only for
the enforcement of such arbitration award. Provided that, notwithstanding this Dispute Resolution Policy, either party may apply
to a court of competent jurisdiction in Placer County, California to seek injunctive relief before or after the pendency of any
arbitration proceeding. The institution of any action for injunctive relief shall not constitute a waiver of the right or obligation
of any party to submit any claim seeking relief other than injunctive relief to arbitration. Judgment upon the award may be entered
by the Superior Court of Placer County, California, or application may be made to such court for the judicial acceptance of the
award and order of enforcement, as the case may be, if the Arbitrator's award or decision is not complied with within 7 calendar
days of the date the Arbitrator's decision is issued.

 

		·	Arbitration in accordance with the terms of this Dispute Resolution Policy shall be the sole and exclusive procedure for resolution
of disputes between the Parties, including any disputes that might arise after termination of this Agreement.

 

		·	Notwithstanding the foregoing, any revision, modification, amendment to, or termination of the Dispute Resolution protocol
contained in this Agreement shall not apply to a dispute of which Vitalibis has actual notice prior to the effective date of such
revision, modification, amendment or termination. The effective date of any such revision, modification, amendment or termination
shall be 30 calendar days after the revision, modification, amendment or termination is posted on the Company website at www.
vitalibis.com.

 

17.             
Handling Personal Information. As an Ambassador, you may receive Personal Information from and about prospective Ambassadors,
Customers and other individuals. Keeping such Personal Information secure not only helps to ensure your compliance with the law,
but it also helps you to maintain current Customers' and potential Customers' trust, which is a highly important factor in your
activities hereunder. Personal Information is information that identifies, or permits you to contact, an individual. It includes
a Customer's, potential Customer's or other individual's name, address, email address, phone number, credit card information, and
other information associated with these details, such as purchases of Product(s).

 

18.              Survival
Rights. The parties' respective rights and obligations shall survive the death and/or incapacitation of Dusty Baker, and will
continue for a period of 18 months, and thereafter for any period of time that Company and Trustee of the Trust shall
mutually agree. Any and all such rights and obligations shall bind and inure to the benefit of his Trust, and
Ambassador's respective successors, heirs, executors, administrators and permitted assigns.

 

19.       Miscellaneous.
In addition to those rights and obligations afforded above in Paragraph 18, the parties likewise agree that their respective
rights and obligations under this contract will bind and inure to the benefit of their respective successors, heirs, executors
and administrators and permitted assigns.

 

Independent Ambassador — Founding Ambassador

 

NameJohnnie B. Baker Jr., as Trustee of the Johnnie
B. Baker Jr. and Melissa G. Baker Revocable Trust

 

Signature /s/ Jonnes B. Baker Jr.

 

Date     4/1/19

 

Vitalibis, Inc.

Name     Steve Raack

Signature     /s/
Steve Raack

Title     CEO

Date     March
29, 2019

 

 

 

    	 	7	 

     

    

 

Addendum 1

 

DESCRIPTION OF SERVICES AND COMPENSATION

 

 

This Addendum 1 is specifically incorporated into the fully
executed INDEPENDENT CONTRACTOR / FOUNDING AMBASSADOR AGREEMENT entered into and made effective on March         2019
by and between Johnnie B. Baker Jr.. as Trustee of the Johnnie B. Baker Jr. and Melissa G. Baker Revocable Trust ("Founding Ambassador", "Dusty", "Independent Contractor"
or "IC") and VITALIBIS INC. ("Vitalibis"). The parties expressly and unconditionally understand, acknowledge
and agree that, for all purposes, this Addendum is deemed by the parties hereto to have been entered into and to be performed
by the parties in the State of Nevada. If, upon Termination, as set forth in paragraph 5 "Termination" to the Ambassador
Agreement, Ambassador has purchased or otherwise acquired warrants for the purchase of any stock or shares, including Vitalibis
equity or VCBD common stock or shares, related to Vitalibis, Vitalibis and Ambassador expressly agree that Ambassador has the
right to exercise the rights secured by the warrants, pursuant to the terms and conditions of such warrants.

 

A.       Terms and
Definitions.

 

1.     
Milestone Conditions: Milestone Conditions refer to the specific conditions under which any Milestone Benefit Incentive
may be earned. Upon termination, regardless of cause, any Milestone Benefit Incentive not fully earned shall be offered to Ambassador
in direct proportion to the Milestone Condition accumulated (either by reference to the amount of Associate Ambassadors signed
and approved, or the amount of gross sales, calculated on the effective date of termination, including all sales that are pending
as of said date, but excluding those that are later cancelled.

 

2.     
Gross Sales: Gross Sales are defined as any sales that are secured, reported and processed through www.vitalibis.com/dusty,
and any sales processed through this link shall be credited to Ambassador, and all Associate Ambassadors,
including all Level 1 and Level 2 Ambassadors on Dusty's team, shall be linked to that Account by Company. Vitalibis shall make
any and all reports regarding Gross Sales available periodically for inspection by Ambassador upon request. Gross Sales for any
one Milestone below are cumulative of other prior Milestone sales and thus, are not independent and separate goals for each Milestone.
In other words, Gross Sales conditions for Milestones 1-4, collectively, are $2 million in total.

 

3.      Dusty's
Ambassador Team. Dusty and all of his recruited Associate Ambassadors, including all Level 1 and 2 Ambassadors, are
referred to herein collectively as "Dusty's Ambassador Team." Any Ambassador that Dusty recommends/refers, the
Company approves and for whom an Ambassador contract is secured, shall count toward the satisfaction of the below Milestone
Conditions. All Gross Sales secured by Dusty's Ambassador Team shall count toward Dusty's total Gross Sales for purposes of
the Milestone Conditions and the Incentive Benefits below. Vitalibis' approval and consent of Dusty's prospective Ambassador
team members shall not be withheld unreasonably. Dusty shall not be restricted in recruiting and/or referring more
Ambassadors beyond the 10 Associate Ambassadors needed for satisfaction of the Milestone Conditions referenced below. Dusty
shall retain the right, in his discretion, to remove any Ambassador from his team during the term of this Agreement
(understanding as well that Company may, in its sole discretion, continue to work with said Ambassador separately).

 

4.       
Milestone Benefits and Incentives. Incentives and Benefits are defined in terms of grants of restricted common stock
in Vitalibis and the right to acquire Warrants, in amounts as more fully set forth below. All such stock and warrants will be issued
in the name of and owned solely and exclusively by the Johnnie B. Baker Jr. and Melissa G. Baker Res ()cable Crust.

 

5.       
Performance of Obligations. Notwithstanding the fact that the Johnnie B. Baker Jr. and Melissa G. Baker Revocable Trust
shall be the owner of all of the benefits and incentives of this Agreement, the individual responsible for performing all obligations
of and as an Ambassador hereunder shall be

Johnnie B. Baker Jr.

 

 

 

    	 	8	 

     

    

 

B.       Milestones.

 

MILESTONE 1

 

1. Milestone 1 Conditions:

 

		-	Execution of Independent Contractor Founding Ambassador Agreement.

 

		-	Enter into Advisory Board Agreement.

 

2. Milestone 1 Incentives and Benefits:

 

Inclusion of Dusty Baker's Vitalibis ("VCBD") equity
in the Vitalibis Registration Statement (currently being prepared).

 

		-	250,000 restricted shares of VCBD Common Stock with piggy-back registration rights in the Vitalibis Registration Statement
(currently being prepared) and issued per a written installment schedule.

 

	 	–	334,000 warrants, with piggy-back registration rights in the
Vitalibis Registration Statement (currently being prepared) , which warrants expire three (3) years from date of issuance ("Warrant
Exercise Date"). The Warrant Exercise Date may be extended by successive 12-month periods upon Ambassador providing 90 days'
written notice of his request for same (with a maximum of one 12-month extension, which does not require Vitaibis consent). Each
warrant entitles the holder to purchase one (1) share of Vitalibis restricted common stock, at the exercise/strike price of US$1.50,
per share. Any warrant not exercised on or before the Warrant Exercise Date, or any extensions allowed hereunder, shall be null,
void and worthless.

 

MILESTONE 2

 

1. Milestone 2 Conditions:

 

	 	–	Begin Founding Ambassador Campaign

 

	 	–	Dusty secures 5 associate Ambassadors for his team that are
approved and signed by Dusty Baker and Vitalibis and/or Dusty's Ambassador Team collectively secures $500,000 in gross sales.

 

2. Milestone 2 Incentive and Benefits

 

	 	–	250,000 shares of Vitalibis common stock issued with
6-month restriction.

 

	 	–	333,000 warrants which shall be subject to all of the same
terms and conditions as set forth in Milestone 1.

 

MILESTONE 3

 

1. Milestone Conditions:

 

		-	Continue Founding Ambassador Campaign

 

	 	–	Dusty secures 5 additional associate
Ambassadors for his team, approved and signed by Dusty Baker and Vitalibis; and/or Dusty's Ambassador Team secures a total cumulative $1,000,000 in gross sales

 

 

 

    	 	9	 

     

    

 

2. Milestone 3 Incentives and Benefits:

 

		-	250,000 shares issued with 6-month restriction.

 

	 	–	333,000 warrants which shall be
subject to all of the same terms and conditions as set forth in Milestone 1.

 

MILESTONE 4

 

1. Milestone Condition:

 

		-	Focus on Product Sales Volume. Dusty's Ambassador Team generates at least a cumulative $2 million in total gross sales.

 

2. Milestone 4 Incentives and Benefits 

 

		-	1,000,000 warrants, which shall be subject to all of the same terms and conditions as set forth
in Milestone 1.

 

C.       Services

 

1.       IC will personally assist Vitalibis in brand awareness
and Product sales by diligently engaging in e-mail campaigns, phone calls, in-person meetings and social media campaigns ("Personal
Services").

 

		a.	IC will perform such Personal Services utilizing the highest ethics and professionalism.

 

		b.	IC will not discuss any Product performance claims or income claims at any time, save and except for such claims approved in
advance, in writing, by Vitalibis.

 

	 	c.	IC will not communicate
any Confidential Information to anyone at any time.

 

 

D.       Compensation

 

1.                   
All purchases of Product(s) by Retail Customers will be allocated, per Section 11 (Commissions) of the Agreement, to the
IC's Founding Ambassador account, contained in and described in the standard Vitalibis Compensation Plan.

 

2.                   
All Ambassadors enrolled in and through the Founding Ambassador's account and that comprise Dusty's Ambassador Team will
be designated as a Level 1 Ambassador and included in the Founding Ambassador's account within the standard Vitalibis Compensation
Plan.

 

3.                   
All Ambassadors enrolled in and through the Level 1 Ambassador's account will be designated as a Level 2 Ambassador and
included in the Level 1 Ambassador's account within the standard Vitalibis Compensation Plan.

 

E.       Compliance with
Securities Laws

 

		1.	Any issuance of Common Stock as compensation hereunder will be accompanied by documentation, as
approved by Securities Counsel for VITALIBIS.

 

		2.	The parties shall work together with such Securities Counsel to take any and all actions and execute any and all documents
deemed necessary and appropriate, to comply with all applicable state and federal securities laws, rules and regulations, regarding
each such issuance. Dusty's execution of such documentation will be required prior to issuance of such securities.

 

END OF ADDENDUM 1

 

 

 

    	 	10

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