SEC Contract Filing

Filing Date: 2021-10-13

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>mcoa_ex10z2.htm
<DESCRIPTION>COOPERATION AGREEMENT
<TEXT>
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<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 0 0.5pt; text-align: right; text-indent: -0.5pt"><B>EXHIBIT 10.2</B></P>

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<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 0 0.5pt; text-align: center; text-indent: -0.5pt"><B><U>COOPERATION
AGREEMENT</U></B></P>

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<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 0 0.5pt; text-align: center; text-indent: -0.5pt"><B><U>dated as
of</U></B></P>

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<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 0 0.5pt; text-align: center; text-indent: -0.5pt"><B><U>October 6,
2021</U></B></P>

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<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 0 0.5pt; text-align: center; text-indent: -0.5pt"><B><U>by and between</U></B></P>

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<P STYLE="font: 12pt/103% Times New Roman, Times, Serif; margin: 0 0 0.6pt 0.5pt; text-align: center; text-indent: -0.5pt"><B>SALINAS
DIVERSIFIED VENTURES, INC., </B></P>

<P STYLE="font: 12pt/103% Times New Roman, Times, Serif; margin: 0 0 0.6pt 0.5pt; text-align: center; text-indent: -0.5pt"><B>a California
Corporation, and Wholly Owned Subsidiary of </B></P>

<P STYLE="font: 12pt/103% Times New Roman, Times, Serif; margin: 0 0 0.6pt 0.5pt; text-align: center; text-indent: -0.5pt"><B>MARIJUANA
COMPANY OF AMERICA, INC., a Utah Corporation </B></P>

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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/103% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0.6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5pt"><B>and</B></TD><TD STYLE="text-align: center"></TD></TR></TABLE>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt/103% Times New Roman, Times, Serif; margin: 0 0 0.6pt 0.5pt; text-align: center; text-indent: -0.5pt"><B>VBF BRANDS,
INC., a California Corporation, a Wholly Owned Subsidiary of SUNSET ISLAND GROUP, INC., a Colorado Corporation. </B></P>

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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/103% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0.6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5pt"><B>and</B></TD><TD STYLE="text-align: center"></TD></TR></TABLE>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 0 3pt; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt/103% Times New Roman, Times, Serif; margin: 0 0 0.6pt 0.5pt; text-align: center; text-indent: -0.5pt"><B>LORI LIVACICH,
Individually, and as an Affiliate of VBF BRANDS, INC., SUNSET ISLAND GLOBAL, INC. </B></P>

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<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt/103% Times New Roman, Times, Serif; margin: 0 0 0.15pt; text-align: justify; text-indent: -0.5pt">This Cooperation
Agreement (this &#8220;Agreement&#8221;), effective as of October 6, 2021 (the &#8220;Effective Date&#8221;), is by and among Salinas
Diversified Ventures, Inc., a California corporation (&#8220;Salinas&#8221;), and wholly owned subsidiary of Marijuana Company of America,
Inc., a Utah corporation (&#8220;MCOA&#8221;), VBF Brands, Inc., a California corporation (&#8220;VBF&#8221;), and wholly owned subsidiary
of Sunset Island Group, Inc., a Colorado corporation (&#8220;SIGO), and Lori Livacich (&#8220;Livacich&#8221;) individually, and as Affiliate
and Control Person of VBF and SIGO. Each of VBF, SIGO, Livacich, Salinas, and MCOA may be collectively referred to as the &#8220;Parties.&#8221;
Nothing herein shall alter any rights or obligations of any Party under the Asset Purchase Agreement or the Management Services Agreement
(referenced below).</P>

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