SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • August 16th, 2010 • Us Natural Gas Corp • Crude petroleum & natural gas • New York
This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of July 30, 2010, by and between US NATURAL GAS CORP., a Florida corporation, with headquarters located at 33 Sixth Street South - Suite 600, St. Petersburg, Florida 33701 (the “Company”), and ASHER ENTERPRISES, INC., a Delaware corporation, with its address at 1 Linden Place, Suite 207, Great Neck, NY 11021 (the “Buyer”).
COMMON STOCK PURCHASE WARRANTWarrant Agreement • August 16th, 2010 • Us Natural Gas Corp • Crude petroleum & natural gas • New York
US Natural Gas Corp., a corporation organized under the laws of the State of Florida hereby certifies that, for value received, Caesar Capital Group, LLC. or its assigns (the “Holder”), is entitled, subject to the terms set forth below, to purchase from the Company (as defined herein) at any time commencing Six (6) months after the Issue Date of this Warrant until February 6, 2014, but subject to Section 1.5 below, up Five Hundred Thousand (500,000) fully paid and non-assessable shares of Common Stock (as hereinafter defined), $0.001 par value per share, at the applicable Exercise Price per share (as defined below). The number and character of such shares of Common Stock and the applicable Exercise Price per share are subject to adjustment as provided herein.
US NATURAL GAS CORP EMPLOYMENT AGREEMENTEmployment Agreement • August 16th, 2010 • Us Natural Gas Corp • Crude petroleum & natural gas • Florida
EMPLOYMENT AGREEMENT dated as of July 15, 2010 (this "Agreement"), by and between Chuck Kretchman (the "Employee"), and US NATURAL GAS CORP a Florida Corporation with its principal offices located at 33 6th Street S., Suite 600, St. Petersburg, FL 33701 (the "Company").
CONSULTING & MARKETING AGREEMENTConsulting Agreement • August 16th, 2010 • Us Natural Gas Corp • Crude petroleum & natural gas • California
This Consulting Agreement (this "Agreement") is entered into as of July 9, 2010, by and between US Natural Gas Corp Corporation (the "Company"), and Del Mar Corporate Consulting, LLC (the "Consultant").
ContractCommon Stock Purchase Warrant • August 16th, 2010 • Us Natural Gas Corp • Crude petroleum & natural gas • New York
THIS WARRANT AND THE SHARES OF COMMON STOCK ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS. THIS WARRANT AND THE COMMON STOCK ISSUABLE UPON EXERCISE OF THIS WARRANT MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO THIS WARRANT UNDER SAID ACT AND ANY APPLICABLE STATE SECURITIES LAWS OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO US NATURAL GAS CORP. THAT SUCH REGISTRATION IS NOT REQUIRED.
