ANNEX I TO SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • August 8th, 2001 • Hot Products Inc Com • Computer peripheral equipment, nec
NUMBER WARRANTS ------------ --------------------------- |W | | | ------------ | | | | --------------------------- --------------------------- | CUSIP 783975 11 3 | --------------------------- SEE REVERSE FOR CERTAIN DEFINITIONS INCORPORATED UNDER THE...Warrant Agreement • November 8th, 1996 • Sc&t International Inc • Computer peripheral equipment, nec
the Registered Holder hereof or assigns (the "Holder"), is entitled to purchase from SC&T INTERNATIONAL, INC., an Arizona corporation (the "Company"), at any time after 9:00 a.m. New York Time on December 14, 1995 and before 5:00 p.m., New York Time, on December 13, 1998 at the purchase price per Share of $7.00 (the "Warrant Price"), one-half (1/2) of one (1) share of common Stock of the Company for each Warrant represented by this certificate (the "Shares"). The number of Shares purchasable upon exercise of the Warrant evidenced hereby and the Warrant Price per Share shall be subject to adjustment from time to time as set forth in the warrant Agreement referred to below.
AGREEMENT BETWEEN PARTIES This Agreement is made effective and entered into this 1st day of October, 1996 by and between Phillips Motorsports, Inc., an Oregon corporation, hereinafter referred to as ("Phillips"), and SC&T Racing Enterprises Limited,...Sponsorship Agreement • November 8th, 1996 • Sc&t International Inc • Computer peripheral equipment, nec • Arizona
EXCLUSIVE --------- DISTRIBUTION AGREEMENT ----------------------Distribution Agreement • November 8th, 1996 • Sc&t International Inc • Computer peripheral equipment, nec • Arizona
RECITALSAdvance Funding and Release Agreement • March 28th, 2000 • Hot Products Inc Com • Computer peripheral equipment, nec • Arizona
October 12, 2001Preliminary Agreement for Merger • October 15th, 2001 • Hot Products Inc Com • Computer peripheral equipment, nec
RECITALSExclusive Purchase and Manufacturing Agreement • November 8th, 1996 • Sc&t International Inc • Computer peripheral equipment, nec • Arizona
WARRANT NO. 1 WARRANT TO PURCHASE COMMON STOCK, $0.01 PAR VALUE, OF SC&T INTERNATIONAL, INC.Warrant Agreement • March 28th, 2000 • Hot Products Inc Com • Computer peripheral equipment, nec
The Company has entered into a five-year employment agreement with Mr. Copland. The agreement includes non-competition and non-solicitation provisions for a 12-month period following termination of employment. The Company maintains key man life...Employment Agreement • January 12th, 1998 • Sc&t International Inc • Computer peripheral equipment, nec
The Company has entered into a five-year employment agreement with Mr. Copland. The agreement includes non-competition and non-solicitation provisions for a 12-month period following termination of employment. The Company maintains key man life insurance on Mr. Copland in the amount of $1,000,000. The Company has assigned one-half of the proceeds of this policy to the estate of the insured. The Company's success also is dependent on its ability to identify, recruit, and retain additional experienced management, engineering, and marketing personnel. There can be no assurance that the Company will be able to hire or retain necessary personnel. The failure of the Company to attract and retain personnel with the requisite expertise or to internally develop personnel with such expertise could adversely affect the prospects of the Company's success. See "Directors and Executive Officers of the Registrant; Compliance with Section 16(a) of the Securities Exchange Act of 1934" contained in Item
