Addendum to Stock Option Agreement between Worthington Financial Services and Ludwig Enterprises, Inc. (December 1, 2022)

Contract Categories: Business Finance Stock Agreements
Summary

Worthington Financial Services and Ludwig Enterprises, Inc. have agreed to amend their original Stock Option Agreement dated June 27, 2020. The amendment changes the number of shares to be transferred from Worthington to Ludwig to 171,162,746, while all other terms, including the sale price of $122,873.44, remain the same. This addendum is effective as of December 1, 2022, and is signed by representatives of both parties.

EX-10.2 32 ex10-2.htm

  

Exhibit 10.2

 

STOCK OPTION ADDENDEM

 

TO

 

STOCK OPTION AGREEMENT DATED 06/27/2020

 

BY AND BETWEEN

 

WORTHINGTON FINANCIAL SERVICES AND LUDWIG ENTERPRISES, INC.

 

This 1st day of December 2022 Worthington Financial Services, Carl Rubin agent (WFS or Seller) and Ludwig Enterprises, Inc., Anne Blackstone, CEO (Ludwig or Buyer) together known as the “parties” agree to the following mutual modification and amendment to the “Stock Option Agreement” between the parties dated 06/27/2020:

 

1.The number of shares to be transferred from Seller to Buyer shall be amended to 171,162,746. The number of shares listed on one or more of the certificates listed in the Stock Option Agreement may be reduce accordingly.
2.All other terms, conditions, and sale price of $122,873.44 will remain unchanged.

 

AGREE TO BY THE PARTIES THIS 1st day of DECEMBER 2022 BY THE UNDERSIGNED:

 

By Seller:

 

 

 

Worthington Financial Services

Carl Rubin, Agent

 

By Buyer:

 

 

 

Ludwig Enterprises, Inc.

Anne Blackstone, CEO