Example ContractsClausesconditions to the investor’s obligation to purchase shares of common stockVariants
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Issuance. For good and valuable consideration as set forth in the Purchase Agreement (as defined below), including without limitation the Purchase Price (as defined in the Purchase Agreement), the receipt and sufficiency of which are hereby acknowledged by Marijuana Company of America, Inc., a Utah corporation (“Company”); St. George Investments LLC, a Utah limited liability company, its successors and/or registered assigns (“Investor”), is hereby granted the right to purchase at any time on or after the Issue Date (as defined below) until the date which is the last calendar day of the month in which the fifth anniversary of the Issue Date occurs (theExpiration Date”), 22,000,000 shares (theWarrant Shares”) of Company’s common stock, par value per share (theCommon Stock”), as such number may be adjusted from time to time pursuant to the terms and conditions of this Warrant to Purchase Shares of Common Stock (this “Warrant”).

Issuance. For good and valuable consideration as set forth in the Purchase Agreement (as defined below), including without limitation the Initial Cash Purchase Price (as defined in the Purchase Agreement), the receipt and sufficiency of which are hereby acknowledged by Marijuana Company of America, Inc., a Utah corporation (“Company, (“Company”); St. George Investments LLC, a Utah limited liability company,, , its successors and/or registered assigns (“Investor(“Investor”), is hereby granted the right to purchase at any time on or after the Issue Date (as defined below) until the date which is the last calendar day of the month in which the fifththird anniversary of the Issue Date occurs (the Expiration Date“Expiration Date”), 22,000,000a number of fully paid and non-assessable shares (the Warrant Shares“Warrant Shares”) of Company’Company’s common stock, par value per share (the Common Stock“Common Stock”), equal to divided by the Market Price (as of the Issue Date), as such number may be adjusted from time to time pursuant to the terms and conditions of this Warrant to Purchase Shares of Common Stock (this Warrant“Warrant”).

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