SEC Contract Filing

Filing Date: 2017-11-20

Document Content:
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>2
<FILENAME>f10q093017_ex10z3.htm
<DESCRIPTION>EXHIBIT 10.3 SWEEGEN FACILITY SHARING AGREEMENT
<TEXT>
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<TITLE>Exhibit 10.3 SweeGen Facility Sharing Agreement</TITLE>
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<DIV style=margin-left:36pt;width:540pt><P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0'><B>FACILITY SHARING AND SERVICE AGREEMENT</B></P>
<P style='font:10pt Times New Roman;margin:0;text-indent:24.5pt'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:18pt'>This <A name=_Hlk498419097 />Facility Sharing and Service Agreement (the &#8220;Agreement&#8221;) is made as of November 15, 2017 (the &#8220;Execution Date&#8221;) by and between Phyto Tech Corp. d/b/a &#8220;Blue California&#8221;, a corporation organized and existing under the laws of the State of California (&#8220;Blue California&#8221;), and SweeGen, Inc., a corporation organized and existing under the laws of the State of Nevada (&#8220;SweeGen&#8221;). SweeGen and Blue California each are referred to as a &#8220;Party&#8221;, and collectively as the &#8220;Parties&#8221;.</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:18pt'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:18pt'>WHEREAS, Blue California is the registered tenant of the building and parking facilities at 30111 Tomas, Rancho Santa Margarita, CA 92688 (the &#8220;Premises&#8221;), together with its relevant personnel, consulting, IT and equipment resources; and</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:18pt'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:18pt'>WHEREAS, SweeGen intends to: </P>
<P style='font:10pt Times New Roman;margin:0;text-indent:24.5pt'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:-18pt;margin-left:63pt'><KBD style='position:absolute;font:10pt Times New Roman;text-indent:0'>(i)</KBD><KBD style=margin-left:18pt></KBD>lease certain office and warehouse space at the Premises of approximately 3,000 square feet, or 10% of the entire square footage of the Premises (the &#8220;Shared Premises&#8221; or &#8220;Rent&#8221;);&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:-18pt;margin-left:63pt'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:-18pt;margin-left:63pt'><KBD style='position:absolute;font:10pt Times New Roman;text-indent:0'>(ii)</KBD><KBD style=margin-left:18pt></KBD>be responsible for utilities, insurances, furniture and fixtures, shared equipment, office supplies, and maintenance costs in connection with the Shared Premises, and lease up to 5 cell phones and associated voice and date costs, 10 desktop stations and 10 work laptops (inclusive of telephone equipment and IT support) (&#8220;SweeGen Leased IT Equipment&#8221;), chargeable by Blue California in the manger of general administrative expenses (the &#8220;Administrative Fee&#8221;); and&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:-18pt;margin-left:63pt'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:-18pt;margin-left:63pt'><KBD style='position:absolute;font:10pt Times New Roman;text-indent:0'>(iii)</KBD><KBD style=margin-left:18pt></KBD>utilize certain personnel and consulting resources of Blue California to provide support and services for SweeGen&#8217;s executive, legal, marketing, administrative, and regulatory applications and approvals.&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:18pt'>All (i) to (iii) are collectively referred to as &#8220;General Administrative Support&#8221;. </P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:18pt'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:18pt'>WHEREAS, subject to and in accordance with the terms and conditions of this Agreement, Blue California and SweeGen now desire to continue to share and co-occupy the Premises.</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:18pt'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:18pt'>NOW, THEREFORE, in consideration of the mutual promises, covenants and agreements set forth herein, the sufficiency of which is acknowledged, the Parties hereby agree as follows: </P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;margin-left:18pt'><KBD style='position:absolute;font:10pt Times New Roman'><B>1.</B></KBD><KBD style=margin-left:18pt></KBD><FONT style='border-bottom:1px solid #000000'><B>General Administrative Support.</B></FONT>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;margin-left:18pt'>SweeGen agrees to utilize, and Blue California agrees to permit SweeGen to utilize General Administrative Support for purposes permitted by law, subject to the terms and conditions set forth in this Agreement. </P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:-18pt;margin-left:54pt'><KBD style='position:absolute;font:10pt Times New Roman;text-indent:0'>(a)</KBD><KBD style=margin-left:18pt></KBD>SweeGen agrees that: &nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;margin-left:75.6pt'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:-18pt;margin-left:63pt'><KBD style='position:abs