Common use of IRREVOCABLE TRUSTS Clause in Contracts

IRREVOCABLE TRUSTS. If the trust is an irrevocable trust, please answer the following questions: Please provide the name of each trustee: Trustee Name: Trustee Name: Does the trust have assets greater than $5 million? YES_______ NO_______ Do you have such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of an investment in the Company? YES_______ NO_______ Indicate how often you invest in: (i) Marketable Securities Often o Occasionally o Seldom o Never o (ii) Restricted Securities Often o Occasionally o Seldom o Never o (iii) Venture Capital Companies Often o Occasionally o Seldom o Never o [Signature Page follows] By signing this Questionnaire, I hereby confirm the following statements: (a) I am aware that the offering of the Securities will involve securities that are not transferable and for which no market exists, thereby requiring my investment to be maintained for an indefinite period of time. (b) I acknowledge that any delivery to me of transactions documents relating to the Securities prior to the determination by the Company of my suitability as an investor, shall not constitute an offer of such Securities until such determination of suitability shall be made, and I agree that I shall promptly return the transaction documents to the Company upon request. (c) My answers to the foregoing questions are and were on any date (if any) that I previously purchased securities in the Company, true and complete to the best of my information and belief and were true on any date that I previously as of, and I will promptly notify the Company of any changes in the information I have provided. Executed: Dated: ___________________________ __________________________________ ______________________________________ (Print Name) (Signature) __________________________________ ______________________________________ (Print Name of Joint Investor) (Signature of Joint Investor) __________________________________ ______________________________________ (Print Name of Entity) (Signature) ______________________________________ (Print Name and Title of Person Signing) I, ____________________________, am the ____________________________ of __________________________________________ (the “Entity”). I certify that I am empowered and duly authorized by the Entity to execute and carry out the terms of that certain Subscription Agreement dated as of ________________ 2018, by and between the Entity and Elite Performance Holding Corp. (the “Subscription Agreement”), and to purchase and hold the Securities (as defined in the Subscription Agreement), and certify further that the Subscription Agreement has been duly and validly executed on behalf of the Entity and constitutes a legal and binding obligation of the Entity.

IRREVOCABLE TRUSTS. If the trust is an irrevocable trust, please answer the following questions: Please provide the name of each trustee: Trustee Name: ________________________________________ Trustee Name: ________________________________________ Does the trust have assets greater than $5 million? YES_______ NO_______ Yes o No o Do you have such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of an investment in the Company? YES_______ NO_______ Yes o No o Indicate how often you invest in: (i) : Marketable Securities Often o Occasionally o Seldom o Never o (ii) o Restricted Securities Often o Occasionally o Seldom o Never o (iii) o Venture Capital Companies Often o Occasionally o Seldom o Never o [Signature Page follows] By signing this Questionnaire, I hereby confirm the following statements: (a) I am aware that the offering The undersigned has been informed of the Securities will involve securities that are not transferable and for which no market exists, thereby requiring my investment significance to be maintained for an indefinite period of time. (b) I acknowledge that any delivery to me of transactions documents relating to the Securities prior to the determination by the Company of my suitability as an investor, shall not constitute an offer of the foregoing representations and answers contained in this Confidential Purchaser Questionnaire and such Securities until such determination of suitability shall be made, representations and I agree answers have been provided with the understanding that I shall promptly return the transaction documents to the Company upon request. and the Selling Agent will rely on them. Date: ________________________ _______________________________ Name of Individual (cPlease type or print) My answers to the foregoing questions are and were on any date _______________________________ Signature of Individual _______________________________ Name of Joint Owner (if anyPlease type or print) that I previously purchased securities in the Company_______________________________ Signature (Joint Owner) Partnership, true and complete to the best of my information and belief and were true on any date that I previously as of, and I will promptly notify the Company of any changes in the information I have provided. ExecutedCorporation or Other Entity Date: Dated________________________ _______________________________ Print or Type Entity Name By: Name:_______________________ Print or Type Name Title: ___________________________ __________________________________ ______________________________________ (Print Name) (Signature) ______Signature Title: ____________________________ ______________________________________ Signature (Print Name of Joint Investorother authorized signatory) (Signature of Joint Investor) __________________________________ ______________________________________ (Print Name of Entity) (Signature) ______________________________________ (Print Name In addition to the covenants, representations and Title of Person Signing) I, ____________________________, am the ____________________________ of __________________________________________ (the “Entity”). I certify that I am empowered and duly authorized by the Entity to execute and carry out the terms of that certain Subscription Agreement dated as of ________________ 2018, by and between the Entity and Elite Performance Holding Corp. (the “Subscription Agreement”), and to purchase and hold warranties contained in the Securities Purchase Agreement, to which this Annex B – Certificate of Subscriber is attached, the undersigned Purchaser (or the Purchaser on behalf of one or more beneficial purchasers for whom the Purchaser is purchasing as principal) covenants, represents and warrants to the Company that the Purchaser (or one or more beneficial purchasers for whom the Purchaser is purchasing as principal) is resident in British Columbia, Alberta, Manitoba, Quebec, Newfoundland and Labrador, or Ontario and either (i) qualifies under Category 1 – Accredited Investor as an “accredited investor” as defined in NI 45-106 and has checked the Subscription Agreement)appropriate box below, or (ii) qualifies under Category 2 – Minimum $150,000 Investment, and certify further that has checked the Subscription Agreement appropriate box below, or (iii) for all jurisdictions listed above, except Ontario, qualifies under Category 3 as “Family, friends and business associates” as required by section 2.5 of NI 45-106 and has been duly checked the appropriate box below; or (iv) for Ontario residents only, qualifies under Category 4 as “Founder, control person and validly executed on behalf family as required by section 2.7 of NI 45-106 and has checked the Entity and constitutes a legal and binding obligation of the Entityappropriate box below.