SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Sentient Brands Holdings Inc. – ‘10-Q’ for 6/30/22 – ‘EX-4.17’

On:  Monday, 8/22/22, at 5:15pm ET   ·   For:  6/30/22   ·   Accession #:  1731122-22-1472   ·   File #:  1-34861

Previous ‘10-Q’:  ‘10-Q’ on 5/23/22 for 3/31/22   ·   Next:  ‘10-Q’ on 11/21/22 for 9/30/22   ·   Latest:  ‘10-Q’ on 11/20/23 for 9/30/23   ·   14 References:   

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 8/22/22  Sentient Brands Holdings Inc.     10-Q        6/30/22   43:2.3M                                   Electro Filings LLC/FA

Quarterly Report   —   Form 10-Q

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    479K 
 2: EX-4.17     Instrument Defining the Rights of Security Holders  HTML     24K 
 3: EX-4.19     Instrument Defining the Rights of Security Holders  HTML     24K 
 4: EX-4.20     Instrument Defining the Rights of Security Holders  HTML     64K 
 5: EX-4.21     Instrument Defining the Rights of Security Holders  HTML     36K 
 6: EX-31.1     Certification -- §302 - SOA'02                      HTML     19K 
 7: EX-31.2     Certification -- §302 - SOA'02                      HTML     19K 
 8: EX-32       Certification -- §906 - SOA'02                      HTML     15K 
14: R1          Cover                                               HTML     62K 
15: R2          Condensed Consolidated Balance Sheets (Unaudited)   HTML     77K 
16: R3          Condensed Consolidated Balance Sheets (Unaudited)   HTML     31K 
                (Parenthetical)                                                  
17: R4          Condensed Statements of Operations (Unaudited)      HTML     78K 
18: R5          Condensed Statements of Stockholders' Equity        HTML     46K 
                (Deficiency) (Unaudited)                                         
19: R6          Condensed Statements of Cash Flows (Unaudited)      HTML     61K 
20: R7          Organization and Nature of Operations               HTML     22K 
21: R8          Basis of Presentation and Going Concern             HTML     21K 
22: R9          Significant Accounting Policies                     HTML     26K 
23: R10         Inventories                                         HTML     17K 
24: R11         Convertible Notes Payable                           HTML     50K 
25: R12         Notes Payable                                       HTML     20K 
26: R13         Stockholders? (Deficiency)                          HTML     29K 
27: R14         Commitments and Contingencies                       HTML     24K 
28: R15         Subsequent Events                                   HTML     28K 
29: R16         Significant Accounting Policies (Policies)          HTML     44K 
30: R17         Organization and Nature of Operations (Details      HTML     18K 
                Narrative)                                                       
31: R18         Basis of Presentation and Going Concern (Details    HTML     26K 
                Narrative)                                                       
32: R19         Significant Accounting Policies (Details            HTML     18K 
                Narrative)                                                       
33: R20         Inventories (Details Narrative)                     HTML     16K 
34: R21         Convertible Notes Payable (Details Narrative)       HTML     84K 
35: R22         Notes Payable (Details Narrative)                   HTML     33K 
36: R23         Stockholders? (Deficiency) (Details Narrative)      HTML     36K 
37: R24         Commitments and Contingencies (Details Narrative)   HTML     32K 
38: R25         Subsequent Events (Details Narrative)               HTML     50K 
41: XML         IDEA XML File -- Filing Summary                      XML     63K 
39: XML         XBRL Instance -- e4008_10q_htm                       XML    390K 
40: EXCEL       IDEA Workbook of Financial Reports                  XLSX     56K 
10: EX-101.CAL  XBRL Calculations -- snbh-20220630_cal               XML     78K 
11: EX-101.DEF  XBRL Definitions -- snbh-20220630_def                XML    170K 
12: EX-101.LAB  XBRL Labels -- snbh-20220630_lab                     XML    413K 
13: EX-101.PRE  XBRL Presentations -- snbh-20220630_pre              XML    327K 
 9: EX-101.SCH  XBRL Schema -- snbh-20220630                         XSD     67K 
42: JSON        XBRL Instance as JSON Data -- MetaLinks              184±   251K 
43: ZIP         XBRL Zipped Folder -- 0001731122-22-001472-xbrl      Zip    162K 


‘EX-4.17’   —   Instrument Defining the Rights of Security Holders


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 

 

EXHIBIT 4.17

 

Settlement Agreement and Release

 

This Settlement Agreement and Release (this “Agreement”), dated as of August 16, 2022 (the “Effective Date”), is made and entered into by and between Sentient Brands Holdings Inc., a Nevada corporation (the “Company”), Anthony L.G., PLLC (“ALG”) and Laura Anthony. Each of the Company, ALG and Ms. Anthony may be referred to herein individually as a “Party” and collectively as the “Parties”.

 

WHEREAS, the Company owes to ALG and Ms. Anthony the sum of $23,000, for services rendered to the Company (the “Debt), and now ALG and Ms. Anthony desire to forgive the debt on the terms and conditions herein;

 

NOW, THEREFORE, intending to be legally bound hereby, the Parties agree as follows:

 

1.As of the Effective Date, the Debt is hereby forgiven and shall be deemed paid in full. The Parties acknowledge and agree that, in the event that ALG or Ms. Anthony provide additional services to the Company following the Effective Date, such services shall be subject to additional costs as agreed by the applicable Parties.

 

2.In consideration of services rendered to the Company by Ms. Anthony, and in consideration of forgiveness of the Debt, the Company shall issue to Ms. Anthony 400,000 shares common stock, par value $0.001 per share, of the Company (the “Shares”). The Shares shall be shares of common stock of the Company registered on the Form S-8 filed by the Company and shall be issued upon effectiveness of such Form S-8.

 

3.Effective as of the date of issuance of the Shares, and conditioned thereon, each of ALG and Ms. Anthony hereby irrevocably, unconditionally and forever release, discharge and remise the Company and its affiliates, and each of their directors, managers, officers, employees, and each of their respective predecessors successors, assigns, heirs, representatives, and agents and for all related parties and all persons acting by, through, under or in concert with any of them in both their official and personal capacities (collectively, the “Company Parties”), from all claims of any type and all manner of action and actions, cause and causes of action, suits, debts, dues, sums of money, accounts, reckonings, bonds, bills, specialties, covenants, contracts, controversies, agreements, promises, variances, trespasses, damages, judgments, executions, claims and demands whatsoever, in law or in equity, known or unknown, that ALG or Ms. Anthony may have now or may have in the future, against any of the Company Parties to the extent that those claims are related to or arose from the Debt. In the event that a Form S-8 to register the Shares is not filed and effective, and the Shares issued, on or before September 9, 2022, this Agreement, including, without limitation, the release and agreements set forth in this Section 3, shall be automatically null and void and of no force or effect without any action of any of the Parties.

 

4.This Agreement sets forth the entire agreement of the Parties hereto and supersedes any and all prior agreements and understandings of the Parties. Other than as specifically set forth herein, this Agreement may be changed only by a written document signed by the Parties.

 

 C: 

Page  C: 1 of 3

 

 

5.All questions concerning the construction, validity, enforcement, and interpretation of this Agreement shall be determined, and this Agreement shall be governed by and construed and enforced in accordance with the internal laws of the State of Florida and for all purposes shall be construed in accordance with the laws of such state, without giving effect to the choice of Law provisions of such state. Each Party agrees that all legal proceedings concerning this Agreement shall be commenced in the state and federal courts sitting in Palm Beach County, Florida (the “Selected Courts”). Each Party hereto hereby irrevocably submits to the exclusive jurisdiction of the Selected Courts for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of such Selected Courts, or such Selected Courts are improper or inconvenient venue for such proceeding.

 

6.If any Party shall commence an action or proceeding to enforce any provisions of this Agreement, then the prevailing Party in such action or proceeding shall be reimbursed by the other Party for its attorneys’ fees and other costs and expenses incurred in the investigation, preparation and prosecution of such action or proceeding.

 

7.The Parties agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed by them in accordance with the terms hereof or were otherwise breached and that each Party hereto shall be entitled to an injunction or injunctions, specific performance and other equitable relief to prevent breaches of the provisions hereof and to enforce specifically the terms and provisions hereof, without the proof of actual damages, in addition to any other remedy to which they are entitled at law or in equity. Each Party agrees to waive any requirement for the security or posting of any bond in connection with any such equitable remedy; and agrees that it will not oppose the granting of an injunction, specific performance or other equitable relief on the basis that (a) the other Party has an adequate remedy at law, or (b) an award of specific performance is not an appropriate remedy for any reason at law or equity.

 

8.This Agreement may be executed in multiple counterparts, each of which shall be deemed an original and all of which taken together shall be but a single instrument. Counterparts may be delivered via facsimile, electronic mail (including pdf or any electronic signature complying with the U.S. federal ESIGN Act of 2000, e.g., www.docusign.com) or other transmission method and any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all purposes.

  

[Signatures appear on following page]

 

 C: 

Page 2 of 3

 

 

IN WITNESS WHEREOF, the Parties have duly executed this Agreement as of the Effective Date.

 

  Sentient Brands Holdings, Inc.
     
  By:
  Name: Dante Jones
  Title: Interim Chief Executive Officer
     
  Anthony L.G., PLLC
     
  By:
  Name: Laura Anthony
  Title: Managing Member
     
  Laura Anthony
     
  By:
  Name: Laura Anthony

 

Page 3 of 3

 

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
9/9/22
Filed on:8/22/22
8/16/22
For Period end:6/30/22NT 10-Q
 List all Filings 


3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/16/24  Sentient Brands Holdings Inc.     10-K       12/31/23   42:2.7M                                   Electro Filings LLC/FA
 4/17/23  Sentient Brands Holdings Inc.     10-K       12/31/22   45:2.7M                                   Electro Filings LLC/FA
11/21/22  Sentient Brands Holdings Inc.     10-Q        9/30/22   39:2.2M                                   Electro Filings LLC/FA


11 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 8/19/22  Sentient Brands Holdings Inc.     S-8         8/19/22    5:382K                                   Electro Filings LLC/FA
11/22/21  Sentient Brands Holdings Inc.     10-Q        9/30/21   45:2.7M                                   Electro Filings LLC/FA
 5/03/21  Sentient Brands Holdings Inc.     8-K:1,2,3,9 4/27/21    5:534K                                   Electro Filings LLC/FA
 4/15/21  Sentient Brands Holdings Inc.     10-K       12/31/20   49:2.3M                                   Electro Filings LLC/FA
 3/03/21  Sentient Brands Holdings Inc.     8-K:5,9     3/02/21    4:24M                                    Electro Filings LLC/FA
 5/29/20  Sentient Brands Holdings Inc.     10-K       12/31/19   41:1.8M                                   Electro Filings LLC/FA
 2/14/20  Sentient Brands Holdings Inc.     8-K:1,2,3,4 2/12/20   23:28M                                    Edgar Filing LLC/FA
 1/08/20  Sentient Brands Holdings Inc.     8-K:1,8,9   1/02/20    2:69K                                    Edgar Filing LLC/FA
 5/06/19  Sentient Brands Holdings Inc.     8-K:1,9     4/27/19    3:85K                                    Edgar Filing LLC/FA
 3/19/19  Sentient Brands Holdings Inc.     8-K:1,5,9   3/13/19    4:153K                                   Edgar Filing LLC/FA
 4/17/06  Sentient Brands Holdings Inc.     SB-2                   7:389K                                   Securitas Edgar … Inc/FA
Top
Filing Submission 0001731122-22-001472   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Tue., Apr. 30, 7:54:04.2pm ET