SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • January 11th, 2013 • World Moto, Inc. • Services-prepackaged software • New York
The Purchase Price is due to the Company with the return of the Securities Purchase Agreement by the Investor. The Purchase Price will be deposited into the account of the Company, and the funds will be available for use by the Company operating account upon acceptance of the Securities Purchase Agreement by the Company. The acceptance may be as long as sixty days, if not more, after the agreement and payment is made by the Investor, while the Company completes the offering. During the period the Investor funds are held by the Company, they will be at risk of the creditors of the Company claiming rights to such funds, even though the Securities Purchase Agreement has not been accepted.
