SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • April 6th, 2011 • Clear Skies Solar, Inc • Heating equipment, except electric & warm air furnaces • Utah
THIS SECURITIES PURCHASE AGREEMENT, dated as of March 31, 2011 (this “Agreement”), is entered into by and between CLEAR SKIES SOLAR, INC., a Delaware corporation (the “Company”), and ST. GEORGE INVESTMENTS, LLC, an Illinois limited liability company, its successors or assigns (the “Buyer”).
ContractWarrant Agreement • April 6th, 2011 • Clear Skies Solar, Inc • Heating equipment, except electric & warm air furnaces • Utah
THIS WARRANT AND THE COMMON SHARES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THIS WARRANT AND THE COMMON SHARES ISSUABLE UPON EXERCISE OF THIS WARRANT MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO THIS WARRANT UNDER SUCH ACT AND ANY APPLICABLE STATE SECURITIES LAW OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO CLEAR SKIES SOLAR, INC. THAT SUCH REGISTRATION IS NOT REQUIRED.
