SMOKY MARKET FOODS, INC. NOTE AND WARRANT PURCHASE AGREEMENTNote and Warrant Purchase Agreement • March 19th, 2010 • Smoky Market Foods Inc • Sausages & other prepared meat products • Nevada
THIS NOTE AND WARRANT PURCHASE AGREEMENT (the “Agreement”) is made and entered into as of March 5, 2010 by and between Smoky Market Foods, Inc., a Nevada corporation (the “Company”), and 70 Limited LLC, a limited liability company (the “Investor”). In consideration of the mutual covenants set forth herein, and other good and valuable consideration, the Company and Investor hereby agree as follows:
THIS WARRANT HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR UNDER ANY APPLICABLE STATE SECURITIES LAWS. THIS WARRANT AND THE SHARES ISSUABLE UPON EXERCISE OF THIS WARRANT ARE SUBJECT TO RESTRICTIONS ON RESALE AND...Warrant Agreement • March 19th, 2010 • Smoky Market Foods Inc • Sausages & other prepared meat products • Nevada
This certifies that 70 Limited LLC or its permitted transferee (such person or any such permitted transferee is sometimes herein called the “Holder”) is entitled to purchase from Smoky Market Foods, Inc., a Nevada corporation (the “Company”), at the price and during the period as hereinafter specified, up to 450,000 shares (the “Shares”) of common stock, $.001 par value of the Company (the “Common Stock”), at a purchase price of $0.15 per share, subject to adjustment as described below (as so adjusted from time to time, the “Exercise Price”), at any time until the Expiration Date (as defined below).
SECURITY AGREEMENTSecurity Agreement • March 19th, 2010 • Smoky Market Foods Inc • Sausages & other prepared meat products • Nevada
THIS SECURITY AGREEMENT (the “Security Agreement”) is entered into as of March 5, 2010, by Smoky Market Foods, Inc., a Nevada corporation (“Debtor”), and 70 Limited LLC (“Secured Party”).
