Expense Sharing Agreement, dated July 22, 2014, by and between the Company and CannaBuild LLC
EX-10.17 10 msrt081114s1aex10_17.htm EXPENSE SHARING AGREEMENT
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 |
