Material Technologies, Inc. SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • June 15th, 2006 • Material Technologies Inc /Ca/ • Industrial instruments for measurement, display, and control • California
Contract Type FiledJune 15th, 2006 Company Industry JurisdictionThis Securities Purchase Agreement (this “Agreement”) is made and entered into effective as of the 30th day of May, 2006 (the “Effective Date”) by and between Material Technologies, Inc., a Delaware corporation (the “Company”), and La Jolla Cove Investors, Inc., a California corporation (the “Purchaser”). The Company and Purchaser shall each be referred to as a “Party” and collectively as the “Parties.”
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • June 8th, 2006 • Material Technologies Inc /Ca/ • Industrial instruments for measurement, display, and control • California
Contract Type FiledJune 8th, 2006 Company Industry JurisdictionThis Securities Purchase Agreement (this “Agreement”) is made and entered into effective as of the 30th day of May, 2006 (the “Effective Date”) by and between Material Technologies, Inc., a Delaware corporation (the “Company”), and La Jolla Cove Investors, Inc., a California corporation (the “Purchaser”). The Company and Purchaser shall each be referred to as a “Party” and collectively as the “Parties.” The Parties hereby agree as follows: 1. PURCHASE OF WARRANTS. Subject to the terms of this Agreement, the Purchaser agrees to purchase from the Company, and the Company agrees to sell to the Purchaser, a warrant to purchase up to Twenty Million (20,000,000) shares of Class A common stock of the Company (the “Warrant Shares”), in the form attached hereto as Exhibit A (the “Warrant”). As consideration for the purchase of the Warrant, Purchaser agrees to advance the sum of Fifty Thousand Dollars ($50,000) (the “Premium”) to the Company against the exercise price to be received by