Letter Agreement for Exchange of Unpaid Compensation for Series B Preferred Stock between Bespoke Extracts, Inc. and Niquana Noel
Bespoke Extracts, Inc. and Niquana Noel have agreed that $24,000 in unpaid compensation owed to Ms. Noel will be exchanged for one newly created share of Series B Preferred Stock in the company. This exchange will take effect once the company files the required Certificate of Designation for the Series B Preferred Stock with the Nevada Secretary of State. Ms. Noel is both the recipient and the CEO of the company.
Exhibit 10.1
October 3, 2019
Bespoke Extracts, Inc.
323 Sunny Isles Boulevard, Suite 700
Sunny Isles Beach, FL 33160
Ladies and Gentlemen:
I hereby exchange $24,000 of accrued but unpaid compensation owed to me by Bespoke Extracts, Inc. (the “Company”) in exchange for 1 newly created share of Series B Preferred Stock of the Company, such exchange to be effective upon the Company’s filing of the Certificate of Designation of Series B Preferred Stock with the Secretary of State of Nevada.
Very truly yours,
| /s/ Niquana Noel | |
| Niquana Noel |
Acknowledged and agreed:
Bespoke Extracts, Inc.
| By: | /s/ Niquana Noel | |
| Name: | Niquana Noel | |
| Title: | Chief Executive Officer |
