Letter Agreement between Bespoke Extracts, Inc. and Niquana Noel

EX-10.1 3 ea120025ex10-1_bespokeextra.htm LETTER AGREEMENT BETWEEN BESPOKE EXTRACTS, INC. AND NIQUANA NOEL

Exhibit 10.1

 

March 25, 2020

 

Bespoke Extracts, Inc.

323 Sunny Isles Boulevard, Suite 700

Sunny Isles Beach, FL 33160

 

Ladies and Gentlemen:

 

I hereby exchange 1 outstanding share of Series B Preferred Stock of Bespoke Extracts, Inc. (the “Company”) in exchange for 1 newly created share of Series C Preferred Stock of the Company, such exchange to be effective upon the Company’s filing of the Certificate of Designation of Series C Preferred Stock with the Secretary of State of Nevada. Without limiting the generality of the foregoing, (i) effective upon such filing, such share of Series B Preferred Stock will automatically be deemed returned to the Company and cancelled, and the Company shall issue the 1 share of Series C Preferred Stock to the undersigned and (ii) this letter agreement will constitute a duly executed share transfer power for transfer by the undersigned of the Series B Preferred Stock to the Company.

 

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