SUBSCRIPTION AGREEMENTSubscription Agreement • May 18th, 2011 • Greenman Technologies Inc • Plastics products, nec • Massachusetts
Contract Type FiledMay 18th, 2011 Company Industry JurisdictionThis SUBSCRIPTION AGREEMENT (this “Subscription Agreement”) is entered into by and between the party signing the Signature Page attached hereto (the “Investor”) and GreenMan Technologies, Inc., a Delaware corporation with a principal place of business of 7 Kimball Lane, Building A, Lynnfield, Massachusetts 01940 (the “Company”). The Company, pursuant to the Company’s Confidential Private Placement Memorandum dated as of April 18, 2011 (the “Private Placement Memorandum”), is offering (i) convertible promissory notes in the aggregate principal amount of up to $1,000,000 (each, a “Note” and, collectively, the “Notes”), which may be converted into shares of the Company’s common stock, $.01 par value per share (the “Common Stock”), at the option of the Investor or of the Company, as set forth in the Notes and in the Private Placement Memorandum, and (ii) warrants to purchase that number of shares of Common Stock which is equal to (x) the number of shares of Common Stock into which each Not
SUBSCRIPTION AGREEMENTSubscription Agreement • May 18th, 2011 • Greenman Technologies Inc • Plastics products, nec • Massachusetts
Contract Type FiledMay 18th, 2011 Company Industry JurisdictionThis SUBSCRIPTION AGREEMENT (this “Subscription Agreement”) is entered into by and between the party signing the Signature Page attached hereto (the “Investor”) and GreenMan Technologies, Inc., a Delaware corporation with a principal place of business of 7 Kimball Lane, Building A, Lynnfield, Massachusetts 01940 (the “Company”). The Company, pursuant to the Company’s Confidential Private Placement Memorandum dated as of April 18, 2011 (the “Private Placement Memorandum”), is offering (i) convertible promissory notes in the aggregate principal amount of up to $1,000,000 (each, a “Note” and, collectively, the “Notes”), which may be converted into shares of the Company’s common stock, $.01 par value per share (the “Common Stock”), at the option of the Investor or of the Company, as set forth in the Notes and in the Private Placement Memorandum, and (ii) warrants to purchase that number of shares of Common Stock which is equal to (x) the number of shares of Common Stock into which each Not