SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • October 17th, 2006 • ProLink Holdings Corp. • Retail-eating places • New York
This Securities Purchase Agreement is entered into and dated as of October 10, 2006 (this “Agreement”), by and among ProLink Holdings Corp., a Delaware corporation (the “Company”), and each of the purchasers identified on the signature pages hereto (each, a “Purchaser” and collectively, the “Purchasers”).
SECURITY AGREEMENTSecurity Agreement • October 17th, 2006 • ProLink Holdings Corp. • Retail-eating places • Delaware
This SECURITY AGREEMENT, dated as of October 10, 2006 (the “Agreement”) is by and among ProLink Holdings Corp., a company duly organized and validly existing under the laws of Delaware (the “Company”), the Purchasers identified on the signature pages hereto (each, a “Purchaser” and collectively, the “Purchasers”) and Iroquois Master Fund Ltd., as agent for the Purchasers (in such capacity, together with its successors in such capacity, the “Agent”).
Warrant No. ___ Dated: October 11, 2006Securities Agreement • October 17th, 2006 • ProLink Holdings Corp. • Retail-eating places • New York
ProLink Holdings Corp., a Delaware corporation (the “Company”), hereby certifies that, for value received, ___or its registered assigns (the “Holder”), is entitled to purchase from the Company up to a total of ___shares of common stock, $0.0001 par value per share (the “Common Stock”), of the Company (each such share, a “Warrant Share” and all such shares, the “Warrant Shares”) at an exercise price equal to $1.45 per share (as adjusted from time to time as provided in Section 9, the “Exercise Price”), at any time and from time to time from and after the date hereof and through and including the date that is five years from the date of issuance hereof (the “Expiration Date”), and subject to the following terms and conditions. This Warrant (this “Warrant”) is one of a series of similar warrants issued pursuant to that certain Securities Purchase Agreement, dated as of October 10, 2006, by and among the Company and the Purchasers identified therein (the “Purchase Agreement”). All such war
CONTACT: Brett Maas/Jeff Stanlis Rich Katz/Shane Sharp Hayden Communications Buffalo CommunicationsSecurities Purchase Agreement • October 17th, 2006 • ProLink Holdings Corp. • Retail-eating places
(CHANDLER, Ariz.) — October 12, 2006 — ProLink Holdings Corp., (OTC BB: PLKH) the world’s largest provider of Global Positioning System golf course management systems, today announced it signed a securities purchase agreement with certain accredited investors related to an offering of $4.5 million in senior secured notes due April 2007. The notes will carry an interest rate of 12% and are secured with a subordinated security interest in all of the assets of the company. In conjunction with the financing, the Company issued 931,038 warrants which carry an exercise price of $1.45, expiring 2009.
