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 (“Gummy Royalty”), 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 (collectively, “Bonuses”), respectively. 

Effective August 31, 2026, Lifted’s CSO resigned. As part of the resignation, the former CSO and NWarrender orally agreed that the CSO would be entitled to the Gummy Royalty through December 31, 2026, but that Bonuses calculations would terminate as of the resignation date. The two also agreed that the former CSO would be paid $14,000 for work he performed in September 2026 (which he was paid). The former CSO may bill the Company $10,000 per month starting in October 2026 (“Monthly Bill”); however, the Company is not obligated to pay the Monthly Bill if the Company is not satisfied with the work performed during the respective month billed.

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