GROM SOCIAL ENTERPRISES, INC. SUBSCRIPTION AGREEMENTSubscription Agreement • March 20th, 2020 • Grom Social Enterprises, Inc. • Services-computer programming, data processing, etc. • Florida
Contract Type FiledMarch 20th, 2020 Company Industry JurisdictionThis Subscription Agreement (this “Agreement”) is being delivered by the purchaser identified on the signature page to this Agreement (the “Subscriber”) in connection with its investment in Grom Social Enterprises, Inc., a Florida corporation (the “Company”). The Company is conducting a private placement (the “Offering”) of 12% senior secured convertible notes (each, a “Note”) and collectively, the “Notes”) of the Company.
GROM SOCIAL ENTERPRISES, INC. SUBSCRIPTION AGREEMENTSubscription Agreement • March 20th, 2020 • Grom Social Enterprises, Inc. • Services-computer programming, data processing, etc. • Florida
Contract Type FiledMarch 20th, 2020 Company Industry JurisdictionThis Subscription Agreement (this “Agreement”) is being delivered by the purchaser identified on the signature page to this Agreement (the “Subscriber”) in connection with an offering conducted by Grom Social Enterprises, Inc., a Florida corporation (the “Company”). The Company is conducting a private placement (the “Offering”) of 12% senior secured convertible notes (each, a “Note”) and collectively, the “Notes”). As collateral security for the Company’s obligations pursuant to this Note, the Company shall cause Grom Holdings, Inc., a Delaware corporation and a wholly-owned subsidiary of the Company (“Grom Holdings”), to pledge, assign and transfer to the Subscriber a first priority security interest in and collateral assignment of (i) Grom Holdings right, title and interest in and to all of the shares of stock of TD Holdings Limited, a corporation organized under the laws of Hong Kong (“TDH”) and (ii) TDH’s right, title and interest in and to all of the shares of Top Draw Animation H