Amended Securities Exchange Agreement between VetaNova, Inc. and VitaNova Partners, LLC
VetaNova, Inc. and VitaNova Partners, LLC have agreed to exchange all of VitaNova's membership interests in GrowCo Partners 1, LLC for 70 million restricted shares of VetaNova common stock and $1,842,105 in cash. The shares will be issued by December 31, 2021, and the cash will be paid by December 31, 2022, with 6% annual interest accruing from August 17, 2021. The agreement is effective as of August 17, 2021, and VitaNova acknowledges the risks of holding VetaNova stock.
EXHIBIT 10.10
VETANOVA, INC.
AMENDED AGREEMENT TO EXCHANGE SECURITIES
The undersigned agrees to exchange all of the undersigned’s membership/ equity interests in GrowCo Partners 1, LLC for 70,000,000 shares of the restricted common stock of VetaNova, Inc. and cash of $1,842,105.
● | The shares will be issued no later than December 31, 2021. The cash will be paid no later than December 31, 2022. The cash amount will bear interest at 6% per year from August 17, 2021 until paid. |
The exchange of securities will be effective as of August 17, 2021.
The undersigned understands that there are risks associated with VetaNova. The undersigned has read VetaNova’s filings with the Securities and Exchange Commission and is willing to assume the risks associated with holding the common stock of VetaNova.
VETANOVA, INC | ||
August 17, 2021 | ||
By: | /s/ John McKowen | |
John McKowen, Chief Executive Officer | ||
VitaNova Partners, LLC | ||
By: | /s/ John McKowen | |
Managing Member/ Authorized Officer |