TERMINATION OF CONSULTING AGREEMENT
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EX-10.21 31 srer_ex1021.htm TERMINATION OF CONSULTING AGREEMENT WITH DOUGLAS FRANCIS DATED AUGUST 1, 2011 srer_ex1021.htm
EXHIBIT 10.21
TERMINATION OF CONSULTING AGREEMENT
Effective as of April 1, 2011, upon execution of the Employment Agreement dated August 1, 2011 by and between General Cannabis, Inc., a Nevada corporation and Douglas Francis, that certain Consulting Agreement dated as of November 19, 2010, as amended on February 22, 2011, is terminated. Neither party will have any further obligations thereunder.
IN WITNESS WHEREOF, the parties hereto have caused this Termination of Consulting Agreement to be duly executed as of the date first written above.
| “Company” | “Consultant” | |||
| General Cannabis, Inc., | ||||
| a Nevada corporation | ||||
| /s/ James Pakulis | /s/ Douglas Francis | |||
| By: | James Pakulis | By: | Douglas Francis | |
| Its: | CEO | |||
