SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • November 20th, 2008 • Imedia International Inc • Non-operating establishments • California
This Securities Purchase Agreement (this “Agreement”), dated as of May 14, 2008, is entered into by and between iMedia International, Inc., a Delaware corporation (the “Company”), and the purchaser identified on the signature page hereto (the “Purchaser”).
COMMON STOCK PURCHASE WARRANT To purchase up to 400,000 shares of common stock of iMEDIA INTERNATIONAL, INC. Dated: May14, 2008Common Stock Purchase Warrant • November 20th, 2008 • Imedia International Inc • Non-operating establishments
This common stock purchase warrant (the “Warrant”) certifies that, for value received, Sawtooth Properties, LLLP. (the “Holder”), is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date given above (the “Initial Exercise Date”) and by the close of business on the third anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from iMedia International, Inc., a Delaware corporation (the “Company”), up to 400,000 shares (the “Warrant Shares”) of common stock, par value $0.001 per share, of the Company (the “Common Stock”), as calculated based the total investment amount per the related Securities Purchase Agreement of the same date. The purchase price of one share of Common Stock under this Warrant is equal to the Exercise Price, as defined in Section 2(a).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • November 20th, 2008 • Imedia International Inc • Non-operating establishments • California
This Securities Purchase Agreement (this “Agreement”), dated as of November 13, 2008, is entered into by and between iMedia International, Inc., a Delaware corporation (the “Company”), and the purchaser identified on the signature page hereto (the “Purchaser”).
