8% CONVERTIBLE PROMISSORY NOTESecurities Purchase Agreement • November 18th, 2016 • Bemax, Inc. • Converted paper & paperboard prods (no contaners/boxes) • Texas
Contract Type FiledNovember 18th, 2016 Company Industry JurisdictionFOR VALUE RECEIVED, Bemax Inc., a Nevada Corporation (the "Company") doing business in Dallas, GA, hereby promises to pay to the order of JSJ Investments Inc., an accredited investor and Texas Corporation, or its assigns (the "Holder"), the principal amount of Fifty Five Thousand Dollars ($55,000) ("Note"), on demand of the Holder at any time on or after February 26, 2017 (the "Maturity Date"), and to pay interest on the unpaid principal balance hereof at the rate of Eight Percent (8%) per annum (the "Interest Rate") commencing on the date hereof (the "Issuance Date").
Ex. 10.3Securities Purchase Agreement • July 14th, 2016 • Bemax, Inc. • Converted paper & paperboard prods (no contaners/boxes) • Texas
Contract Type FiledJuly 14th, 2016 Company Industry JurisdictionNEITHER THIS NOTE NOR THE SECURITIES THAT MAY BE ISSUED BY THE COMPANY UPON CONVERSION HEREOF (COLLECTIVELY, THE "SECURITIES") HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION. NEITHER THE SECURITIES NOR ANY INTEREST OR PARTICIPATION THEREIN MAY BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED: (I) IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE 1933 ACT, OR APPLICABLE STATE SECURITIES LAWS; OR (II) IN THE ABSENCE OF AN OPINION OF COUNSEL, IN A FORM ACCEPTABLE TO THE ISSUER, THAT REGISTRATION IS NOT REQUIRED UNDER THE 1933 ACT OR; (III) UNLESS SOLD, TRANSFERRED OR ASSIGNED PURSUANT TO RULE 144 UNDER THE 1933 ACT.