REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • August 2nd, 2011 • Pegasi Energy Resources Corporation. • Metal mining
This Registration Rights Agreement (this “Agreement”) is made and entered into as of ______ __, 2011, among Pegasi Energy Resources Corporation, a Nevada corporation (the “Company”), and the several purchasers signatory hereto (each such purchaser, a “Purchaser” and collectively, the “Purchasers”).
COMMON STOCK PURCHASE WARRANT PEGASI ENERGY RESOURCES CORPORATIONSecurity Agreement • August 2nd, 2011 • Pegasi Energy Resources Corporation. • Metal mining
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ (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 hereof (the “Initial Exercise Date”) and on or prior to the close of business on the three year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Pegasi Energy Resources Corporation, a Nevada corporation (the “Company”), up to ______ shares (the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
SUBSCRIPTION AGREEMENTSubscription Agreement • August 2nd, 2011 • Pegasi Energy Resources Corporation. • Metal mining • Texas
THIS SUBSCRIPTION AGREEMENT (this “Subscription”) has been executed by Pegasi Energy Resources Corporation, a corporation organized under the laws of the State of Nevada (hereinafter referred to as the “Company”) and the purchaser set forth in the Omnibus Signature Page (the “Signature Page”) attached hereto (the “Purchaser”) in connection with the private placement of a minimum of $5,000,000 of units (“Units”) (the “Minimum Offering”) of up to a maximum of $10,000,000 Units (the “Maximum Offering”), each Unit consisting of (i) two common shares of the Company, par value $0.001 per share (the “Common Stock”), and (ii) a Warrant to purchase one share of Common Stock (the “Warrants”). Each Warrant has an exercise price of $0.60 per share of Common Stock. The Warrants will be exercisable for a period of three years from the date of issuance. The Securities (as defined hereinafter) being subscribed for pursuant to this Subscription have not been registered under the Securities Act. The off
FORM OF LOCK-UP AGREEMENTLock-Up Agreement • August 2nd, 2011 • Pegasi Energy Resources Corporation. • Metal mining • Texas
