STOCK PURCHASE AGREEMENTStock Purchase Agreement • November 15th, 2011 • Competitive Companies Inc • Telephone communications (no radiotelephone) • Texas
This Stock Purchase Agreement (the “Agreement”) is made and entered into as of the 2nd day of November 2011 by and among Wytec International, Inc., a Nevada corporation (“Wytec International”), MediaG3, Inc., a Delaware corporation, its wholly owned subsidiary, Wytec, Incorporated, a California corporation (collectively, the “Seller”), and Competitive Companies, Inc., a Nevada corporation (the “Buyer” or “Company”), with respect to the following facts:
WARRANT For the Purchase of Shares of Common Stock of COMPETITIVE COMPANIES, INC.Competitive Companies Inc • November 15th, 2011 • Telephone communications (no radiotelephone) • Texas
THIS IS TO CERTIFY, that, for value received, MediaG3, Inc., or registered assigns (the “Holder”), is entitled, subject to the terms and conditions hereinafter set forth, on or after the date hereof, and at any time prior to 5 P.M., Pacific Time (“PT”), on a date three (3) business days after the date first above written (the “Issuance Date”), as provided in the Stock Purchase Agreement by and among Wytec International, Inc., a Nevada corporation, MediaG3, Inc., a Delaware corporation, Wytec, Incorporated, a California corporation, and Competitive Companies, Inc., a Nevada corporation, dated November 2, 2011 (the “SPA”), but in no case later than June 5, 2012, but not thereafter, to purchase such number of shares of common stock, par value $0.001 (“Common Stock” or the “Shares”), of Competitive Companies, Inc., a Nevada corporation (the “Company”), from the Company as set forth above and upon payment to the Company of an amount per Share of $0.001 (the “Purchase Price”), or conversion
