SECURITIES PURCHASE AGREEMENT OF VISCOUNT SYSTEMS, INC.Securities Purchase Agreement • December 17th, 2012 • Bhatia Family Trust DTD • Communications equipment, nec • New York
Subject and pursuant to the terms set out in “Terms and Conditions”, attached to this Securities Purchase Agreement (the “Agreement”), the Purchaser hereby subscribes for, and on Closing will purchase from the Issuer the number of shares in the common stock of the Issuer (the “Shares” and each a “Share” and) at a price of $0.05 per Share, and for the aggregate purchase price (the “Purchase Price”) set forth below. As additional consideration for the purchase of the Shares, the Purchaser will receive one-half of a share purchase warrant (each whole warrant being a “Warrant” and together the “Warrants”) for each Share purchased. The certificate representing the Warrants shall be in the form attached hereto as Schedule “D”. Each Warrant entitles the Purchaser to purchase one additional Share (a “Warrant Share”) for a period of 5 years from the Closing Date (as defined in the attached “Terms and Conditions”) at a price of $0.10 per share. All dollar references in this Agreement are to U.S.
