Expense Sharing Agreement between MassRoots, Inc. and CannaBuild, LLC
MassRoots, Inc. and CannaBuild, LLC have agreed to share the monthly rent for their jointly leased office space at 2247 Federal Blvd, Denver, Colorado. Under this agreement, MassRoots will pay $2,250 per month and CannaBuild will pay $1,200 per month, as long as the lease is in effect. The agreement is governed by Colorado law and is signed by the CEOs of both companies.
Exhibit 10.17
Expense Sharing Agreement
By and Between
MassRoots, Inc.
And
CannaBuild, LLC.
WHEREAS CannaBuild, LLC and MassRoots, Inc. have jointly entered into a lease agreement dated July 22, 2014 with 2247 Federal Blvd, LLC (“the Lease Agreement”) to lease office space at 2247 Federal Blvd, Denver, CO 80211;
WHEREAS MassRoots, Inc. will require more space to house its employees at said office location;
BE IT RESOLVED:
| 1. | The rent payment of $3,450 per month related to the Lease Agreement shall be split along the following terms for as long as the Lease Agreement is in effect: |
MassRoots, Inc. will pay $2,250 per month and CannaBuild, LLC will pay $1,200 per month.
| 2. | This contract is enforceable under the laws of the State of Colorado. |
This 22nd day of July:
On Behalf of MassRoots, Inc.
| /s/ Isaac Dietrich | ||
| Isaac Dietrich, CEO | ||
| On Behalf of CannaBuild, LLC | ||
| /s/ Zach Marburger | ||
| Zach Marburger, CEO |
