Minerco, Inc. Sample Contracts

Minerco, Inc. – AGREEMENT TO EXCHANGE ATHENA EQUITY for PROMISSORY NOTE (July 6th, 2017)

THIS EXCHANGE AGREEMENT, dated as of July 5, 2016 is entered into by and between Minerco, Inc. (the “Company”) and MSF International, Inc. (“MSF”).

Minerco, Inc. – CONVERTIBLE PROMISSORY NOTE (July 6th, 2017)

FOR VALUE RECEIVED, Minerco, Inc., a Nevada corporation (the “Maker”), hereby promises to pay to Beau Saad, an individual, or his successors and assigns (the “Payee”), at his address of record, or to such other address as Payee shall provide in writing to the Maker for such purpose, a principal sum of Twelve Thousand Five Hundred Dollars and Zero Cents (U.S. $12,500.00). The aggregate principal amount outstanding under this Note will be conclusively evidenced by the schedule annexed as Exhibit B hereto (the “Loan Schedule”), up to a maximum principal amount of U.S $12,500.00. The entire principal amount hereunder shall be due and payable on October 8, 2016 (the “Maturity Date”), or on such earlier date as such principal amount may earlier become due and payable pursuant to the terms hereof.

Minerco, Inc. – CONVERTIBLE PROMISSORY NOTE (July 6th, 2017)

FOR VALUE RECEIVED, Minerco, Inc., a Nevada corporation (the “Maker”), hereby promises to pay to Ray Ciarello, an individual, or his successors and assigns (the “Payee”), at his address of record, or to such other address as Payee shall provide in writing to the Maker for such purpose, a principal sum of Twelve Thousand Five Hundred Dollars and Zero Cents (U.S. $12,500.00). The aggregate principal amount outstanding under this Note will be conclusively evidenced by the schedule annexed as Exhibit B hereto (the “Loan Schedule”), up to a maximum principal amount of U.S $12,500.00. The entire principal amount hereunder shall be due and payable on August 23, 2016 (the “Maturity Date”), or on such earlier date as such principal amount may earlier become due and payable pursuant to the terms hereof.

Minerco, Inc. – CONVERTIBLE PROMISSORY NOTE (July 6th, 2017)

WHEREAS, MINERCO, INC. desires to amend and restate a portion of an existing promissory note originally issued to V. Scott Vanis on April 30, 2016, which has been assigned in the outstanding principal amount of $100,000.00 from V. Scott Vanis to Blanca A. Rios pursuant to the terms of the Assignment Agreement, dated August 15, 2016, and furthermore pursuant to the terms of the Exchange Agreement, dated February 1, 2017, to read as follows:

Minerco, Inc. – CONVERTIBLE PROMISSORY NOTE (July 6th, 2017)

FOR VALUE RECEIVED, Minerco, Inc., a Nevada corporation (the “Maker”), hereby promises to pay to Patrick Casey, an individual, or his successors and assigns (the “Payee”), at his address at 1302 S. 101st St., #220, Omaha, NE 68124, or to such other address as Payee shall provide in writing to the Maker for such purpose, a principal sum of Fifteen Thousand Dollars and Zero Cents (U.S. $15,000.00). The aggregate principal amount outstanding under this Note will be conclusively evidenced by the schedule annexed as Exhibit B hereto (the “Loan Schedule”), up to a maximum principal amount of U.S $15,000.00. The entire principal amount hereunder shall be due and payable on November 24, 2016 (the “Maturity Date”), or on such earlier date as such principal amount may earlier become due and payable pursuant to the terms hereof.

Minerco, Inc. – AGREEMENT TO EXCHANGE (July 6th, 2017)

WHEREAS, Vanis is the Chief Executive Officer (“CEO”) and a Director of the Company and has been affiliated with the Company since March, 2010; and

Minerco, Inc. – CONVERTIBLE PROMISSORY NOTE (July 6th, 2017)

FOR VALUE RECEIVED, Minerco, Inc., a Nevada corporation (the “Maker”), hereby promises to pay to Beau Saad, an individual, or his successors and assigns (the “Payee”), at his address of record, or to such other address as Payee shall provide in writing to the Maker for such purpose, a principal sum of Twenty-Five Thousand Dollars and Zero Cents (U.S. $25,000.00). The aggregate principal amount outstanding under this Note will be conclusively evidenced by the schedule annexed as Exhibit B hereto (the “Loan Schedule”), up to a maximum principal amount of U.S $25,000.00. The entire principal amount hereunder shall be due and payable on August 23, 2016 (the “Maturity Date”), or on such earlier date as such principal amount may earlier become due and payable pursuant to the terms hereof.

Minerco, Inc. – CONVERTIBLE PROMISSORY NOTE (July 6th, 2017)

FOR VALUE RECEIVED, Minerco, Inc., a Nevada corporation (the “Maker”), hereby promises to pay to Bryce Schmidt, an individual, or his successors and assigns (the “Payee”), at his address of record, or to such other address as Payee shall provide in writing to the Maker for such purpose, a principal sum of Twelve Thousand Five Hundred Dollars and Zero Cents (U.S. $12,500.00). The aggregate principal amount outstanding under this Note will be conclusively evidenced by the schedule annexed as Exhibit B hereto (the “Loan Schedule”), up to a maximum principal amount of U.S $12,500.00. The entire principal amount hereunder shall be due and payable on September 8, 2016 (the “Maturity Date”), or on such earlier date as such principal amount may earlier become due and payable pursuant to the terms hereof.

Minerco, Inc. – CONVERTIBLE PROMISSORY NOTE (July 6th, 2017)

FOR VALUE RECEIVED, Minerco, Inc., a Nevada corporation (the “Maker”), hereby promises to pay to V. Scott Vanis, an individual, a Director and Officer of the Maker, or his successors and assigns (the “Payee”), at its address at 800 Bering Drive, Houston, Texas 77057, or to such other address as Payee shall provide in writing to the Maker for such purpose, a principal sum of Four Hundred and Seven Thousand Six Hundred Sixty-One U.S. Dollars and 29/100 Cents (US$ 407,661.29) (the “Note”). The aggregate principal amount outstanding under this Note will be conclusively evidenced by the schedule annexed as Exhibit B hereto (the “Loan Schedule”), up to a maximum principal amount of U.S $407,661.29. The entire principal amount hereunder shall be due and payable on November 1, 2016 (the “Maturity Date”), or on such earlier date as such principal amount may earlier become due and payable pursuant to the terms hereof.

Minerco, Inc. – CONVERTIBLE PROMISSORY NOTE (July 6th, 2017)

FOR VALUE RECEIVED, Minerco, Inc., a Nevada corporation (the “Maker”), hereby promises to pay to Ray Ciarello, an individual, or his successors and assigns (the “Payee”), at his address of record, or to such other address as Payee shall provide in writing to the Maker for such purpose, a principal sum of Six Thousand Dollars and Zero Cents (U.S. $6,000.00). The aggregate principal amount outstanding under this Note will be conclusively evidenced by the schedule annexed as Exhibit B hereto (the “Loan Schedule”), up to a maximum principal amount of U.S $6,000.00. The entire principal amount hereunder shall be due and payable on September 30, 2016 (the “Maturity Date”), or on such earlier date as such principal amount may earlier become due and payable pursuant to the terms hereof.

Minerco, Inc. – AGREEMENT TO EXCHANGE (July 6th, 2017)

THIS EXCHANGE AGREEMENT, dated as of July 1, 2016 is entered into by and between Minerco, Inc. (the “Company”) and Ray Ciarello (“Ciarello”).

Minerco, Inc. – CONVERTIBLE PROMISSORY NOTE (July 6th, 2017)

WHEREAS, MINERCO, INC. desires to amend and restate an existing promissory note originally issued to Sam J. Messina, III on April 30, 2016, in principal amount of $52,500, to read as follows:

Minerco, Inc. – AGREEMENT TO EXCHANGE (July 6th, 2017)

THIS EXCHANGE AGREEMENT, dated as of July 1, 2016 is entered into by and between Minerco, Inc. (the “Company”) and Bryce Schmidt (“Schmidt”).

Minerco, Inc. – CONVERTIBLE PROMISSORY NOTE (July 6th, 2017)

FOR VALUE RECEIVED, Minerco, Inc., a Nevada corporation (the “Maker”), hereby promises to pay to V. Scott Vanis, an individual, a Director and Officer of the Maker, or his successors and assigns (the “Payee”), at its address at 800 Bering Drive, Houston, Texas 77057, or to such other address as Payee shall provide in writing to the Maker for such purpose, a principal sum of Fifty Six Thousand Two Hundred Fifty U.S. Dollars and 00/100 Cents (US$ 56,250) (the “Note”). The aggregate principal amount outstanding under this Note will be conclusively evidenced by the schedule annexed as Exhibit B hereto (the “Loan Schedule”), up to a maximum principal amount of U.S $56,250. The entire principal amount hereunder shall be due and payable on February 1, 2017 (the “Maturity Date”), or on such earlier date as such principal amount may earlier become due and payable pursuant to the terms hereof.

Minerco, Inc. – PROMISSORY NOTE (July 6th, 2017)

This Note is being issued pursuant to that certain Asset Purchase Agreement, dated July 15, 2016, contemplating the sale of Athena Brands, Inc. from the Maker to the Payee and attached hereto as Exhibit A (the “Asset Purchase Agreement”).

Minerco, Inc. – CONVERTIBLE PROMISSORY NOTE (July 6th, 2017)

FOR VALUE RECEIVED, Minerco, Inc., a Nevada corporation (the “Maker”), hereby promises to pay to Sam J. Messina III, an individual, a Director and Officer of the Maker, or his successors and assigns (the “Payee”), at its address at 800 Bering Drive, Houston, Texas 77057, or to such other address as Payee shall provide in writing to the Maker for such purpose, a principal sum of Fifty-Two Thousand Five Hundred U.S. Dollars and 00/100 Cents (US$ 52,500) (the “Note”). The aggregate principal amount outstanding under this Note will be conclusively evidenced by the schedule annexed as Exhibit B hereto (the “Loan Schedule”), up to a maximum principal amount of U.S $52,500. The entire principal amount hereunder shall be due and payable on November 1, 2016 (the “Maturity Date”), or on such earlier date as such principal amount may earlier become due and payable pursuant to the terms hereof.

Minerco, Inc. – AGREEMENT TO EXCHANGE Note Extension (July 6th, 2017)

THIS EXCHANGE AGREEMENT, dated as of January 5, 2017 is entered into by and between Minerco, Inc. (the “Company”) and MSF International, Inc. (“MSF”).

Minerco, Inc. – ASSET PURCHASE AGREEMENT DATED AS OF July 15, 2016 Minerco, Inc. AND Pacific Isle Wholesale, Ltd. (July 6th, 2017)

THIS ASSET PURCHASE AGREEMENT (the “Agreement”) is entered into and effective this 15th day of July, 2016 (“Effective Date”), by and among Minerco, Inc., a Nevada corporation, which is publicly traded on the Over-The -Counter Bulletin Board (OCTBB: MINE), and through its subsidiary, Athena Brands, Inc., a Nevada corporation, hereinafter referred to as the “Seller,” and Pacific Isle, Ltd., a Corporation formed and operated under the laws of Hong Kong, hereinafter referred to as the “Buyer”, (hereinafter sometimes referred to collectively as the “Parties”).

Minerco, Inc. – AGREEMENT TO EXCHANGE (July 6th, 2017)

WHEREAS, Saad entered into a certain Share Purchase Agreement, dated February 23, 2016, where among other things, Saad purchased 1,470,588 restricted shares of the Company’s common stock for a Purchase Price of Twenty-Five Thousand Dollars ($25,000) (“SPA #1”);

Minerco, Inc. – AGREEMENT TO EXCHANGE Note Extension (July 6th, 2017)

THIS EXCHANGE AGREEMENT, dated as of February 1, 2017 is entered into by and between Minerco, Inc. (the “Company”) and Blanca A. Rios. (“Rios”).

Minerco, Inc. – CONVERTIBLE PROMISSORY NOTE (July 6th, 2017)

FOR VALUE RECEIVED, Minerco, Inc., a Nevada corporation (the “Maker”), hereby promises to pay to Beau Saad, an individual, or his successors and assigns (the “Payee”), at his address of record, or to such other address as Payee shall provide in writing to the Maker for such purpose, a principal sum of Ten Thousand Dollars and Zero Cents (U.S. $10,000.00). The aggregate principal amount outstanding under this Note will be conclusively evidenced by the schedule annexed as Exhibit B hereto (the “Loan Schedule”), up to a maximum principal amount of U.S $10,000.00. The entire principal amount hereunder shall be due and payable on September 8, 2016 (the “Maturity Date”), or on such earlier date as such principal amount may earlier become due and payable pursuant to the terms hereof.

Minerco, Inc. – PROMISSORY NOTE Athena Equity Exchange (July 6th, 2017)

This Note is being issued pursuant to that certain Exchange Agreement, dated July 5, 2016, contemplating the exchange of Athena Brands, Inc. equity from the Payee to the Maker in exchange for this Note and attached hereto as Exhibit A (the “Exchange Agreement”).

Minerco, Inc. – AGREEMENT TO EXCHANGE (July 6th, 2017)

THIS EXCHANGE AGREEMENT, dated as of April 3, 2017 is entered into by and between Minerco, Inc. (the “Company”) and Sam J. Messina, III (“Messina”).

Minerco, Inc. – CONVERTIBLE PROMISSORY NOTE (July 6th, 2017)

FOR VALUE RECEIVED, Minerco, Inc., a Nevada corporation (the “Maker”), hereby promises to pay to Sam J. Messina III, an individual, a Director and Officer of the Maker, or his successors and assigns (the “Payee”), at its address at 800 Bering Drive, Houston, Texas 77057, or to such other address as Payee shall provide in writing to the Maker for such purpose, a principal sum of Thirty-Seven Thousand Five Hundred U.S. Dollars and 00/100 Cents (US$ 37,500) (the “Note”). The aggregate principal amount outstanding under this Note will be conclusively evidenced by the schedule annexed as Exhibit B hereto (the “Loan Schedule”), up to a maximum principal amount of U.S $37,500. The entire principal amount hereunder shall be due and payable on February 1, 2017 (the “Maturity Date”), or on such earlier date as such principal amount may earlier become due and payable pursuant to the terms hereof.

Minerco, Inc. – CONVERTIBLE PROMISSORY NOTE (July 6th, 2017)

WHEREAS, MINERCO, INC. desires to amend and restate an existing promissory note as contemplated in a certain Exchange Agreement, dated April 3, 2017, originally issued to Sam J. Messina, III on July 31, 2016, in principal amount of $37,500, to read as follows:

Minerco, Inc. – CONVERTIBLE PROMISSORY NOTE (July 6th, 2017)

FOR VALUE RECEIVED, Minerco, Inc., a Nevada corporation (the “Maker”), hereby promises to pay to MSF International, Inc., a Belize Corporation, or his successors and assigns (the “Payee”), at its address at 15 2nd Avenue, Buttonwood Bay, Belize City, Belize, Central America, or to such other address as Payee shall provide in writing to the Maker for such purpose, a principal sum of Three Hundred and Fifty Thousand U.S. Dollars and 00/100 Cents (U.S. $350,000.00). The aggregate principal amount outstanding under this Note will be conclusively evidenced by the schedule annexed as Exhibit B hereto (the “Loan Schedule”), up to a maximum principal amount of U.S $350,000.00. The entire principal amount hereunder shall be due and payable on July 5, 2017 (the “Maturity Date”), or on such earlier date as such principal amount may earlier become due and payable pursuant to the terms hereof.

Minerco, Inc. – STOCK PURCHASE AGREEMENT (July 6th, 2017)

This STOCK PURCHASE AGREEMENT (the “Agreement”), dated as of March 8, 2016 (the “Effective Date”), by and between Minerco, Inc., a Nevada corporation, with headquarters located at 800 Bering Drive, Suite #201, Houston, Texas 77057 (the “Company”), and Bryce Schmidt, an individual, at the address set forth on the signature page of this Agreement (the “Buyer”).

Minerco, Inc. – AMENDED AND RESTATED LINE OF CREDIT (May 18th, 2016)
Minerco, Inc. – Assignment and Extension of Agreement No: 910024 “Yo Gabba Gabba!” (April 29th, 2016)

We refer to the Agreement between SmartKids, LLC of 150 Pico Boulevard, Santa Monica, California, 90405, USA (“Licensee”) and GabbaCaDabra LLC, of 15000 Ventura Blvd, 3rd Floor, Sherman Oaks, California, 91403, the USA (the “Licensor”) dated May 9, 2012.

Minerco, Inc. – SECOND AMENDMENT TO EMPLOYMENT AGREEMENT (March 21st, 2016)

This Second Amendment to Employment Agreement (the "Agreement") is entered into as of the 21st day of March, 2016 as an amendment to the original Employment Agreement dated September 10, 2014 as amended on September 2, 2015 between V. Scott Vanis ("Employee") and Minerco, Inc., a Nevada Corporation, its affiliates, predecessors and subsidiaries (the "Company”).

Minerco, Inc. – MINERCO RESOURCES, INC. 8% CONVERTIBLE REDEEMABLE NOTE DUE FEBRUARY 2, 2017 (March 21st, 2016)

FOR VALUE RECEIVED, Minerco Resources, Inc. (the “Company”) promises to pay to the order of UNION CAPITAL, LLC and its authorized successors and permitted assigns ("Holder"), the aggregate principal face amount of One Hundred Ten Thousand dollars exactly (U.S. $110,000) on February 2, 2017 ("Maturity Date") and to pay interest on the principal amount outstanding hereunder at the rate of 8% per annum commencing on February 2, 2016. The Company acknowledges this Note was issued with a 10% original issue discount (OID) and as such the issuance price was $100,000. The interest will be paid to the Holder in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note. The principal of, and interest on, this Note are payable at 525 Norton Parkway, New Haven, CT 06511, initially, and if changed, last appearing on the records of the Company as designated in writing by the Holder hereof from time to time. The Company will pay each interes

Minerco, Inc. – SECOND AMENDMENT TO EMPLOYMENT AGREEMENT (March 21st, 2016)

This Second Amendment to Employment Agreement (the "Agreement") is entered into as of the 21st day of March, 2016 as an amendment to the original Employment Agreement dated September 10, 2014 as amended on September 2, 2015 between Sam J Messina III ("Employee") and Minerco, Inc., a Nevada Corporation, its affiliates, predecessors and subsidiaries (the "Company”).

Minerco, Inc. – MINERCO RESOURCES, INC. 8% CONVERTIBLE REDEEMABLE NOTE DUE FEBRUARY 2, 2017 BACK END NOTE (March 21st, 2016)

FOR VALUE RECEIVED, Minerco Resources, Inc. (the “Company”) promises to pay to the order of UNION CAPITAL, LLC and its authorized successors and permitted assigns ("Holder"), the aggregate principal face amount of One Hundred Ten Thousand dollars exactly (U.S. $110,000) on February 2, 2017 ("Maturity Date") and to pay interest on the principal amount outstanding hereunder at the rate of 8% per annum commencing on February 2, 2016. The Company acknowledges this Note was issued with a 10% original issue discount (OID) and as such the issuance price was $100,000. The interest will be paid to the Holder in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note. The principal of, and interest on, this Note are payable at 525 Norton Parkway, New Haven, CT 06511, initially, and if changed, last appearing on the records of the Company as designated in writing by the Holder hereof from time to time. The Company will pay each interes

Minerco, Inc. – CONVERTIBLE PROMISSORY NOTE (March 21st, 2016)
Minerco, Inc. – CONVERTIBLE PROMISSORY NOTE (March 21st, 2016)