John Bordynuik Thorold, Ontario L0S 1K0 Canada Dear Mr. Bordynuik:Subscription Agreement • May 25th, 2012 • Jbi, Inc. • Wholesale-electrical appliances, tv & radio sets • New York
Contract Type FiledMay 25th, 2012 Company Industry JurisdictionReference is made to the Subscription Agreement (the “Subscription Agreement”) dated the date hereof among JBI, Inc. (the “Company”) and each of the signatories to this letter agreement (the “Investors”). Capitalized terms used in this letter agreement and not otherwise defined herein shall have the respective meanings set forth in the Subscription Agreement. As a condition to the consummation of the transactions with the Company set forth in the Subscription Agreement, the Investors require the execution of this letter agreement by you in your individual capacity.
John Bordynuik Thorold, Ontario L0S 1K0 Canada Dear Mr. Bordynuik:Subscription Agreement • May 24th, 2012 • Jbi, Inc. • Wholesale-electrical appliances, tv & radio sets
Contract Type FiledMay 24th, 2012 Company IndustryReference is made to the Subscription Agreement (the “Subscription Agreement”) dated the date hereof among JBI, Inc. (the “Company”) and each of the signatories to this letter agreement (the “Investors”). Capitalized terms used in this letter agreement and not otherwise defined herein shall have the respective meanings set forth in the Subscription Agreement. As a condition to the consummation of the transactions with the Company set forth in the Subscription Agreement, the Investors require the execution of this letter agreement by you in your individual capacity.