Exhibit 10.4
SUPPLEMENTAL NOTE EXCHANGE AGREEMENT FOR 15% NOTE HOLDERS
This Supplemental Note Exchange Agreement (the “Supplemental Agreement”) is made by and between the Purchaser indicated on the signature page of the Securities Purchase Agreement (“Purchaser”) and General Cannabis Corp (the “Company”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Securities Purchase Agreement.
provided that the foregoing does not affect the rights of Purchaser to enforce the terms of the Securities Purchase Agreement, the new Note or the Warrants.
IN WITNESS WHEREOF, intending to be legally bound, the parties hereto have caused this Supplemental Agreement to be executed as of the date set forth below.
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Individual Purchasers: |
| General Cannabis Corp | ||
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Entity Purchasers: | | Name: Steve Gutterman | ||
| | Title: Chief Executive Officer | ||
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Name of Entity | | | ||
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By: | | | | |
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Date: | | | |