Amendment No. 1 to Purchase Agreement
Exhibit 10.2
AMENDMENT TO ASSET PURCHASE AGREEMENT
This Amendment No. 1 (“Amendment No. 1”) is made as of December 7, 2021 to the Asset Purchase Agreement (the “Agreement”), dated as of December 2, 2021, by and between WonderLeaf, LLC, a Colorado limited liability company (“Seller”), and Bespoke Extracts Colorado, LLC (“Buyer”). Capitalized terms not herein defined shall have the meaning ascribed thereto in the Agreement.
WHEREAS, pursuant to Section 10.2 of the Agreement, The Parties may amend any provision of this Agreement only by a written instrument signed by the Parties; and
WHEREAS, the parties wish to amend the Agreement; and
NOW, THEREFORE, in consideration of the premises and other good and valuable consideration, the parties hereby agree as follows:
1. | Amendment to Section 2.3(b). Sections 2.3(b) Agreement is hereby deleted in its entirety and replaced with the following: |
“No later than five Business Days after First Governmental Approval, Buyer shall deliver Bespoke Extracts, Inc. common stock with a value of $150,000 according to the VWAP Price, subject to a floor of $0.02 per share and a ceiling of $0.04 per share, (the “Second Deposit”) to Escrow Agent”
IN WITNESS WHEREOF, this Amendment No.1 has been duly executed and delivered by the Parties as of the date first above written.
SELLER:
WONDERLEAF, LLC | ||
By: | /s/ Roxanne Burns | |
Name: | Roxanne Burns | |
Title: | Manager | |
BUYER: | ||
BESPOKE EXTRACTS COLORADo, LLC | ||
By: | /s/ Hunter Garth | |
Name: | Hunter Garth | |
Title: | Manager |