SECURITIES PURCHASE AGREEMENT between PROXIM WIRELESS CORPORATION and LLOYD I. MILLER, III, as a Purchaser MILFAM II L.P., as a Purchaser Dated as of July 25, 2008Securities Purchase Agreement • July 29th, 2008 • Proxim Wireless Corp • Radio & tv broadcasting & communications equipment • New York
Proxim Wireless Corporation Promissory NoteProxim Wireless Corp • July 29th, 2008 • Radio & tv broadcasting & communications equipment • New York
FOR VALUE RECEIVED, subject to the terms and conditions of this Promissory Note (the “Note”), Proxim Wireless Corporation, a Delaware corporation with its principal offices located at 1561 Buckeye Drive, Milpitas, CA 95035 (the “Company”), hereby promises to pay to the order of ________________ or registered assigns (the “Holder”) with its principal office located at 4550 Gordon Drive, Naples, Florida, 34102, the principal sum of ONE MILLION AND FIVE HUNDRED THOUSAND DOLLARS ($1,500,000.00) on the earlier of (x) July 25, 2011 or (y) as otherwise required pursuant to that certain Securities Purchase Agreement, dated as of July 25, 2008, by and among, the Company and the purchasers a party thereto, including the Holder hereof (as amended, supplemented or otherwise modified from time to time (the “Purchase Agreement”), including pursuant to a prepayment under Section 1.06 or upon acceleration pursuant to Article VI of the Purchase Agreement, or if such day is not a regular Business Day, o
