CHAMPIONLYTE PRODUCTS, INC. AGREEMENT TO BE BOUNDAgreement to Be Bound • January 9th, 2003 • Championlyte Products Inc • Sugar & confectionery products
In connection with a transfer of shares of Series II Convertible Preferred Stock (the “Preferred Stock”) and warrants to purchase shares of Common Stock (the “Warrants,” and together with the Preferred Stock, the “Securities”) of ChampionLyte Products, Inc., a Florida corporation (the “Company”), from U.S. Bancorp Investments, Inc. (“USBII”) to the undersigned, the undersigned:
December 17, 2002Sale Agreement • January 9th, 2003 • Championlyte Products Inc • Sugar & confectionery products
We are writing to inform you that, effective as of September 30, 2002, we have sold all of our shares of Series II Convertible Preferred Stock (the “Preferred Stock”) and all of our warrants to purchase shares of Common Stock (the “Warrants,” and together with the Preferred Stock, the “Securities”) to U.S. Bancorp (the “Purchaser”).
