SHARE TRANSFER AGREEMENTShare Transfer Agreement • February 28th, 2006 • Matheson Kenneth Ian • Services-business services, nec
THIS AGREEMENT WITNESSES THAT for good and valuable consideration paid by the Transferee to the Transferor, the receipt and sufficiency of which is acknowledged, and in reliance of the representations and warranties of the Transferee, the Transferor hereby sells, assigns and transfers to the Transferee the number of shares, as constituted on the date hereof, of SEARCHLIGHT MINERALS CORP. (the “Company”) set forth below (the “Shares”) free and clear of all liens, charges and encumbrances. The Transferee acknowledges and agrees that the shares are restricted securities, as contemplated under the United States Securities Act of 1933 which have been issued without registration and that all certificates representing the shares will be endorsed with the following legend:
WARRANT TRANSFER AGREEMENTWarrant Transfer Agreement • February 28th, 2006 • Matheson Kenneth Ian • Services-business services, nec
THIS AGREEMENT WITNESSES THAT for good and valuable consideration, the receipt and sufficiency of which is acknowledged, and in reliance of the representations and warranties of the Transferee, the Transferor hereby sells, assigns and transfers to the Transferee the number of warrants of SEARCHLIGHT MINERALS CORP. (the “Company”) set forth below as represented by a Warrant Certificate dated October 24, 2005 (the “Warrants”) free and clear of all liens, charges and encumbrances. Each Warrant entitles the holder to purchase one common share of the Company at a price of $0.375 per share until June 1, 2015. The Transferee acknowledges and agrees that the Warrants are restricted securities, as contemplated under the United States Securities Act of 1933 which have been issued without registration and that all certificates representing the Warrants, and any shares issued on exercise of the Warrants, will be endorsed with the following legend:
