lendspark AGREEMENTFORTHEPURCHASEANDSALE OF FUTURE RECEIPTS ("AGREEMENT") AGREEMENT NO.: 2660Agreementforthepurchaseandsale of Future • March 31st, 2023 • Emmaus Life Sciences, Inc. • Pharmaceutical preparations • California
Effective, 11/30/2022, Seller, identified above, hereby sells, assigns and transfers to LENDSPARK CORPORATION, located at 2554 GATEWAY ROAD, CARLSBAD, CA 92009 ("Buyer"), without recourse, the Specified Percentage of the proceeds of each future sale made by Seller (collectively "Future Receipts") until Buyer has received the Purchased Amount. "Future Receipts" includes all payments made by cash, check, ACH or other electronic transfer, credit card, debit card, bank card, charge card (each such card shall be referred to herein as a "Payment Card") or other form of monetary payment in the ordinary course of Seller's business. As payment for the Purchased Amount, Buyer will deliver to Seller the Purchase Price, shown above, minus any Origination Fee shown above. Seller acknowledges that it has no right to repurchase the Purchased Amount from Buyer.
