Re: Non-Binding Letter of Intent to Purchase Icelandic Glacial™ natural spring water brand.

Non-Binding Letter of Intent to Purchase Icelandic Glacial™ natural spring water brand.

Acquisition. Mix 1 Life and Icelandic will execute a Definitive Agreement (''Definitive Agreement") in which Mix 1 Life will acquire all of the Assets listed in Schedule A in exchange for Mix 1 Life Shares (the "Acquisition").

The Closing of the Acquisition ("Closing").  Closing of the Definitive Agreement shall occur on or before July 30, 2016.

Consideration. At Closing Mix 1 Life will issue Mix1 Life Shares to Icelandic in exchange for 100% of the ownership interest in the Assets listed in Schedule A.

Due Diligence. Mix 1 Life and its attorneys, accountants and other representatives will have full access to the books and records of Icelandic to complete its due diligence investigation of Icelandic and its corporate structure before execution of the Definitive Agreement.

Representations and Warranties. The Definitive Agreement would contain such representations and Mix 1 Life may reasonably require warranties with respect to the business, property and financial condition of Icelandic. In turn, Mix 1 Life would provide Icelandic with certain representations and Icelandic may reasonably require warranties to the business, property and financial condition of Mix 1 Life. These representations and warranties by both Parties would include, without limitation, matters such as the following:

Icelandic has all requisite corporate power and authority to own and hold its respective properties and conduct the business in which it is engaged; holds all material licenses, intellectual property, trademarks, permits and other authorizations from governmental authorities needed to conduct its business.

Icelandic has good and marketable title to all of its assets, and title is valid and proper.

Mix 1 Life is duly organized and validly existing under the laws of its state of incorporation and has all the requisite corporate power and authority to own and hold its respective properties and conduct the business in which it is engaged.

Issuance of Shares. The shares issued in the Acquisition will be issued in reliance on certain exemptions from registration provided by the Securities Act of 1933 and are not intended to be registered with the Securities and Exchange Commission.

Shareholder Approval. The Acquisition will not be subject to approval by Mix 1 Life's shareholders; however will be subject to approval by the Mix 1 Life Board of Directors.

Conditions. The Definitive Agreement will provide that the obligations of the respective parties to complete the Acquisition would be subject to the following conditions together with such other conditions as may reasonably be required by each party:

The Board of Directors of Mix 1 Life shall have approved the Acquisition; and

There shall have been no material adverse change in the financial condition, earnings or prospects of Mix 1 Life; and

Icelandic shall complete such due diligence as is deemed by its Board of Directors sufficient to complete the Acquisition; and

Icelandic shall obtain an independent third party valuation of Mix 1 Life's business as part of their due diligence; and

Mix 1 Life shall have obtained a commitment for financing of $10 million USD.

There shall have been no material adverse chailge in the financial condition, earnings or prospects of Icelandic.

Mix 1 Life shall complete such due diligence as is deemed by its Board of Directors sufficient to complete the Acquisition.

Press Release. The Parties will consult with each other prior to issuing any press release or other public statement regarding the proposed transaction. It is strictly understood by the Parties that the information contained herein is confidential in nature and that no such public disclosure shall be made by either party until such time as the Definitive Agreement is executed, unless mutually agreed to by the Parties, or as required by law.

Disclosure. Mix I Life and Icelandic agree to take all responsible precautions to prevent their respective officers, directors, employees, affiliates agents or other having knowledge of the proposed Acquisition until the proposed Acquisition has been closed. The parties understand and agree that until a press release is issued, if ever, or other public disclosure has been made by Mix 1 Life, neither party will disclose the fact that these negotiations are taking place, except to professional advisor and to employees of Mix 1 Life and Icelandic on a need to know basis.

Continuation of Business. From the date of this letter of intent until the expiration of the Exclusive Period, as defined below, Icelandic will continue to operate its business in the ordinary course and will not enter into any transaction or agreement or take an action out of the ordinary course.

Expenses. Whether or not the Parties enter into the Definitive Agreement, all costs and expenses incurred in connection with this LOI and the proposed Acquisition shall be paid by the party incurring such costs. If for any reason the transaction is not consummated, neither party will have any claim against the other with respect to such expenses.

Nature of Negotiations. The Parties understand that the negotiations described in this LOI are merely preliminary Acquisition negotiations and this letter does not constitute a binding proposal or offer by Mix 1 Life or Icelandic. Any such proposal or offer will be subject to execution of a Definitive Agreement containing conditions, including but not limited to those referenced in this LOI.

Name:

Title:

Exclusive Global License for Icelandic Glacial™ brand.