NOTE 11 - CONTINGENT CONTRACTUAL OBLIGATIONS AND COMMERCIAL COMMITMENTS

Potential Issuance of Warrants to Purchase Shares of Common Stock of the Company

The Compensation Committee of the Company’s Board of Directors may, from time to time, recommend that certain warrants to purchase shares of common stock of the Company should be issued to new or current members of the Company’s Board of Directors, to officers and employees of the Company and its subsidiaries, or to members of any advisory board or consultants to the Company.

Compensation of Lifted’s Chief Strategy Officer

Lifted entered into an agreement with its Chief Strategy Officer (the “CSO”), effective as of April 1, 2025, pursuant to which, in addition to his base compensation of $10,000 every two weeks plus health insurance coverage, the CSO receives (1) a royalty on certain gummies manufactured by Lifted of between $0.005 and $0.01, and (2) certain quarterly and annual bonuses based upon Lifted’s quarterly and annual collected revenues on certain sales exceeding targets of $9,000,000 and $58,000,000, respectively. No bonuses were earned during the six months ended June 30, 2026 or 2025.  

Company-Wide Management Bonus Pool

Reference is hereby made to the disclosures in the following section, which are hereby incorporated by reference thereto:

NOTE 13 – COMPANY-WIDE MANAGEMENT BONUS POOL

Other Contingent Contractual Obligations and Commercial Commitments

Reference is hereby made to the disclosures in the following section, which are hereby incorporated by reference thereto:

NOTE 8 – RELATED PARTY TRANSACTIONS.