December 9, 2014 Ecolomondo Corporation, Inc. 3435 Pitfield Blvd. St. Laurent, QC H4S 1H7 CANADA T: 514.328.9182Engagement Letter • December 12th, 2014 • ECOLOMONDO Corp INC. • Special industry machinery, nec • New York
This letter (the “Agreement”) confirms our understanding that Ecolomondo Corporation, Inc. (together with its affiliates and subsidiaries, the "Company”) has engaged Chardan Capital Markets, LLC (together with their affiliates and subsidiaries, “Underwriters”) to act as the Company’s sole bookrunner and lead underwriter in connection with the Company’s proposed public offering of equity securities expected to take the form of an underwritten public offering conducted on a firm commitment basis (the “Offering”). Subject to the terms of a definitive underwriting agreement, the Underwriters shall underwrite up to $50 million of the Company’s common stock (the “Securities”) in the Offering, which amount shall include a 15% overallotment. This Agreement replaces and supersedes in its entirety the engagement letter dated June 18, 2013, as amended on April 7, 2014, by and between Underwriters and the Company.
