SEC Contract Filing

Filing Date: 2020-09-01

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>ex10x2.htm
<DESCRIPTION>EXHIBIT 10.2
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<P STYLE="text-align: right; margin: 0">Exhibit 10.2</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9.5pt Times New Roman, Times, Serif; margin: 0.15pt 0 0">&nbsp;</P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 3.45pt 70.9pt 0 72.05pt; text-align: center"><FONT STYLE="letter-spacing: -0.05pt">COMMON</FONT>
STOCK PURCHASE AGREEMENT</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 5.85pt 70.9pt 0 72.05pt; text-align: center; text-indent: 0in">between</P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 6.1pt 70.9pt 0 72.05pt; text-align: center">NATURAL PLANT EXTRACT
OF CALIFORNIA, INC.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 5.85pt 70.9pt 0 72.05pt; text-align: center; text-indent: 0in">and</P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 6.1pt 70.9pt 0 72.05pt; text-align: center">BETTERWORLD VENTURES,
LLC</P>

<P STYLE="font: 12pt/144% Times New Roman, Times, Serif; margin: 5.85pt 188.8pt 0 190.05pt; text-align: center; text-indent: -0.05pt">dated
as of June 5, 2020</P>

<P STYLE="font: 12pt/144% Times New Roman, Times, Serif; margin: 5.85pt 188.8pt 0 190.05pt; text-align: center; text-indent: -0.05pt">&nbsp;</P>

<P STYLE="font: 12pt/144% Times New Roman, Times, Serif; margin: 5.85pt 188.8pt 0 190.05pt; text-align: center; text-indent: -0.05pt">&nbsp;</P>

<P STYLE="font: 12pt/144% Times New Roman, Times, Serif; margin: 5.85pt 188.8pt 0 190.05pt; text-align: center; text-indent: -0.05pt">&nbsp;</P>

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<P STYLE="font: bold 16pt Times New Roman, Times, Serif; margin: 3.75pt 24.9pt 0 25.05pt; text-align: center"><FONT STYLE="letter-spacing: -0.1pt">COMMON
STOCK PURCHASE AGREEMENT</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 11.7pt 11.45pt 0 5.55pt; text-indent: 0.5in">This Common Stock Purchase
Agreement (this &ldquo;<B>Agreement</B>&rdquo;), dated as of June 5, 2020, is entered into between Natural Plant Extract of California,
Inc., a California corporation <FONT STYLE="letter-spacing: -0.05pt">(&ldquo;<B>Company</B>&rdquo;),</FONT> and Betterworld Ventures,
LLC, a California limited liability company (&ldquo;<B>Buyer</B>&rdquo;). Each of Company and Buyer is a &ldquo;<B>Party</B>&rdquo;
and together, the &ldquo;<B>Parties</B>&rdquo;. Capitalized terms used in this Agreement have the meanings given to such terms
herein.</P>

<P STYLE="font: 10.5pt Times New Roman, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0 24.9pt 0 25.05pt; text-align: center">RECITALS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.4pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/99% Times New Roman, Times, Serif; margin: 0 6.5pt 0 5.55pt; text-indent: 0.5in"><B>WHEREAS</B>, Company is
engaged in the manufacturing and distribution of various cannabis products (the <FONT STYLE="letter-spacing: -0.05pt">&ldquo;<B>Business</B>&rdquo;)</FONT>
at the real property located at 11116 Wright Road, Lynwood, CA 90262 (the &ldquo;<B>Property</B>&rdquo;) owned by Imperial Diversified
Holdings LLC, a California limited liability company (&ldquo;<B>IDH</B>&rdquo;), which is a related party to Company through common
ownership;</P>

<P STYLE="font: 12pt/99% Times New Roman, Times, Serif; margin: 6.15pt 11.45pt 0 5.55pt; text-indent: 0.5in"><B>WHEREAS</B>, Company
owns a Manufacturing License for Adult and Medicinal Cannabis Products, issued by the State of California Department of Public
Health, and an Adult- Use and Medicinal Distributor License, issued by the State of California Bureau of Cannabis Control, (each
a &ldquo;<B>License</B>&rdquo;, and collectively, the &ldquo;<B>Licenses</B>&rdquo;);</P>

<P STYLE="font: 12pt/99% Times New Roman, Times, Serif; margin: 6.15pt 6.5pt 0 5.55pt; text-indent: 0.5in"><B>WHEREAS</B>, the
Property is subject to a mechanic&rsquo;s lien for certain development work performed by BCC Contracting, Inc. (the &ldquo;<B>Contractor</B>&rdquo;)
and its subcontractors, and the Contractor (and its subcontractors) has brought a lawsuit/claims against Company for payment of
such mechanic&rsquo;s lien, plus interest and penalties (the &ldquo;<B>Contractor&rsquo;s Claim</B>&rdquo;);</P>

<P STYLE="font: 12pt/99% Times New Roman, Times, Serif; margin: 6.15pt 6.5pt 0 5.55pt; text-indent: 39pt"><B>WHEREAS</B>, Company
wishes to sell to Buyer, and Buyer wishes to purchase from Company, 566,667 shares of common stock, no par value, in the Company
representing a forty percent (40%) ownership interest in the Company on a fully diluted basis (the &ldquo;<B>Shares</B>&rdquo;),
subject to the terms and conditions set forth herein; and</P>

<P STYLE="font: 12pt/13.7pt Times New Roman, Times, Serif; margin: 6.35pt 11.45pt 0 5.55pt; text-indent: 0.5in"><B>WHEREAS</B>,
concurrent with and as a condition to Buyer&rsquo;s purchase and